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November 21st, 2023Tracking Cleaning Industry Innovation in Smart Buildings
November 14th, 2023
Will AI Spark a Renaissance in Video Surveillance Growth?
The market for artificial intelligence (AI) enabled video surveillance cameras has seen rapid growth in recent years as the technology becomes more mature and commercially viable. According to estimates from our latest research, the adoption of AI cameras capable of running deep learning on-device will increase from 18% in 2022 to 52% by 2028. This […]

2 European Startups Targeting Self-Learning Thermostats for Light Commercial Buildings
This Research Note examines 2 European startups targeting smarter self-learning thermostat hardware and software solutions for light commercial and public buildings: vilisto based in Hamburg, Germany and viboo based in Zurich, Switzerland. Vilisto Thermostats Vilisto GmbH, founded in 2016, is the manufacturer of self-learning radiator thermostats for office buildings. The company’s offering focuses on a […]

Going Up! Tracking the Rise of the Smart Elevator Market
Tall buildings are only possible with elevator technology and as our built environment continues to get taller and smarter, the elevator industry is beginning to find new roles to support occupants and facilities managers. In a market that hardly changed for decades, a new wave of startups has redefined what a smart elevator is, forcing […]

Funding Takes Off for AI Drone Building Inspection!
Of the one million or so buildings in New York City, 314 have over 40 stories and are considered skyscrapers but more than 14,500 are over the six-story threshold to require a physical inspection of their facade every five years. With the growth of tall buildings around the world, especially in Asian and Middle Eastern […]

IoT Market in Smart Commercial Buildings Set to Grow at Over 10% to 2028
Our latest analysis indicates that the Internet of Things market in Smart Commercial Buildings (BIoT) grew to $53.5 billion in 2022, representing a 13% rise from 2021. Performance was slightly down from our forecast of 13.8% for the year due to several factors, including a slower-than-anticipated overall economic recovery, a lack of chipsets, and disrupted […]

The Escalating Impact of AI on the Building Internet of Things
In recent years, artificial intelligence (AI) has evolved from being merely a buzzword to presenting definable roles and tangible benefits for smart buildings. The past three years have seen the emergence of genuinely innovative use cases for AI technologies within the IoT for smart buildings (BIoT). While the rise of generative AI, like ChatGPT (developed […]

#Podcast 18: Using ChatGPT to Augment the User Experience
In our Podcast series “Sh*t You Wish Your Building Did!”, Memoori explores the intersection between technology and commercial real estate through interesting conversations. Using ChatGPT to Augment the Experience of Smart Building system users. Instead of naming their dogs, Bitpool has put ChatGPT to good use, connecting it to their API to create their own Chat […]

Hidden Cyber Vulnerabilities Threaten Smart Building Security
How can cyber security teams secure a smart building without first knowing what devices, systems, and connections are active in the building? That is the quandary facing building owners and managers as smart devices proliferate across their facilities, leaving a large and growing attack surface undefended. Those responsible for cyber security have to map entire networks […]