Commercial Buildings
What’s Behind Johnson Controls Move to Divest Residential & Light Commercial HVAC to Bosch?
July 24th, 2024What’s Behind Bosch Building Technologies’ Acquisition of DMS AG?
July 22nd, 2024
Halma Fire Safety Businesses & 2024 Financials Examined
This Research Note examines the fire detection and suppression businesses of Halma plc, part of the Safety Sector of the UK public company. This analysis is based on financial releases, investor presentations, year ending 31 March 2024, announced on 13th June 2024, and Memoori analysis of the major companies and estimated revenue mix of the […]

Breaking Down the New DOE Definition of Zero Emissions Buildings
Last month, June 2024, the US Department of Energy (DOE) published the first ‘US National Definition of Zero Emissions Buildings’ to a tempered reaction from many in the buildings, energy, and environmental communities. After months of deliberation, the DOE’s somewhat simplistic definition reads: “A building is regarded as ‘zero emissions’ if it is highly energy […]

Grid Edge Partners with Amey to Develop a Real-time Building Energy Management Platform
This Research Note examines the partnership announced on 3rd July 2024 between Amey, a provider of engineering, operations, and decarbonization solutions for UK infrastructure, Grid Edge, a startup offering an AI SaaS energy management platform for commercial buildings, and BMSI, one of the UK’s independent systems integrators of Building Energy Management Systems (BEMS). Amey Partnership […]

‘SaaSy’ Integrated Workplace Management System (IWMS) Vendors
More and more building data and systems are migrating to cloud-based Software as a Service (SaaS) platforms offering a new generation of off-premise services. Core management platforms for commercial buildings have been slow to catch the SaaS wave, as building stakeholders build trust in off-site data services and consider cost implications. Integrated Workplace Management System […]

Technovator Smart Buildings Business 2023 Examined
In this Research Note, we examine Technovator, a Chinese building automation firm, based on their 2023 annual report and financial results. Founded in Singapore in 2005, Technovator is listed on the Main Board of the Hong Kong Stock Exchange (Stock Code:1206). The group is structured into three business units: Smart Transportation Business (STB), Smart Building […]

Estonian Building Automation Startup Bisly Examined
In this Research Note, we examine the Estonian building automation firm Bisly, Founded in 2018 in Tallinn, Estonia, Bisly is built around the idea of making professional intelligent building technology available to all market segments. They offer a mix of their own hardware as well as market-specific third-party hardware that is delivered through a single […]

What’s Behind the Sale of Johnson Controls Air Distribution Business?
Johnson Controls has announced plans to sell its Air Distribution Technologies business, which it acquired in 2014 for $1.6 billion, for an undisclosed amount to Los Angeles private equity firm Truelink Capital. The transaction is expected to close in the second half of 2024 and marks another step in a broad transformation of the pure-play […]

What is the Recipe for Smart Building Startup ‘Success’?
In smart buildings, like all tech industries, most startups set out hoping to be the game-changing company that puts a “dent in the universe” but the reality is that few even get close. Despite all the hype around so many startups, the odds of “success” if you are funded by a top venture capital (VC) […]