Commercial Buildings
Airthings Indoor Air Quality Business & 2024 Financials Examined
February 17th, 2025#Podcast 36: How a UK Electronics Vendor Grew Export Sales to Over 40%!
February 14th, 2025
ButterflyMX Video Intercom & Access Control Business Examined
This Research Note examines ButterflyMX, a New York City-based video intercom and access control systems provider founded in 2014. We highlight their product suite, external funding, deployments, acquisitions, and growth before providing our view of the company. ButterflyMX Product Suite ButterflyMX launched its smartphone-powered Video Intercom in 2014. Since then, ButterflyMX has scaled its product […]
75F Light Commercial Building Controls Business Examined
This Research Note examines 75F, a Minnesota-based provider of IoT building management systems. We highlight their product portfolio, deployments, regional expansion, external funding, and partnerships with established HVAC and building automation firms. 75F Profile Founded by CEO Deepinder Singh in 2012, 75F delivers AI-driven HVAC automation based on sensors and controls. Unlike traditional building management […]
Honeywell Spinoff of Building & Industrial Automation Businesses into New Public Company
This Research Note examines the announcement of a new Honeywell Automation public company which will be formed from the spinoff of Building Automation (BA) and Industrial Automation (IA) businesses, reported in their Q4-2024 earnings call, on 6th February 2025. We also review the FY 2024 results and outlook for the Building Automation segment, highlighting its […]
Trane Technologies Commercial HVAC Business & 2024 Financials Examined
In this Research Note, we examine the commercial HVAC business of Trane Technologies. This article is based on the announcement of their Q4 and full-year 2024 results, investor presentation, and transcript of 30th January 2025. We also highlight the progress of Trane’s digital building services through connected buildings and assets, its recent acquisitions, and its […]
Consolidation in the Smart Buildings Startups Space 2024
Based on analysis from our latest research, Startups in Smart Buildings 2025, we examine M&A activity in the commercial buildings startups space. PitchBook has reported that M&A activity across all sectors in 2024 increased by 14% in volume and 19% in value YoY. In fact, deal activity reached its highest annual count ever, finishing with […]
ABB Electrification Business & 2024 Financials Explored
In this Research Note, we examine ABB’s Electrification business and its 2024 financial results announced on 30th January 2025, specifically in relation to commercial buildings and data center end markets. We also highlight acquisitions and investments made by the business throughout 2024. ABB Electrification Divisions The Electrification business is split into 5 divisions, which provide […]
Signify’s Lighting Business & 2024 Financials Examined
In this Research Note, we examine the lighting business of Signify, based on their 2024 annual results announced on 24th January 2025 including the revised organization of four verticalized businesses, implemented in April 2024 and their guidance for 2025. Signify, headquartered in Eindhoven, the Netherlands, is the global vendor of conventional lighting, LED, and connected […]
Smart Building Startup Investment Reached $6.9Bn in 2024
Our new research shows that funding from venture capital, private equity, and corporate backers for smart building startups reached $6.9 billion in 2024, the 3rd highest year in value since 2015. This funding was spread across 279 funding rounds, a 17% increase on 2023. We identified 1,331 startups founded since 2013 in the management and operations […]
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