Energy Consumption
US & EU Tackle Building Efficiency with Significant Policy Developments
May 25th, 2023Net Zero Buildings Explored: Delta Electronics Americas HQ
May 15th, 2023
Learnd BMS Integration Business, SPAC Listing & Growth Strategy Examined
Learnd, a UK-based systems integrator, has announced the acquisition of Complete Energy Controls, a Scottish firm delivering Building Management Systems (BMS) with a multi-site energy management focus. This Research Note highlights the public listing of Learnd, their “buy and build” business model, recent and forthcoming acquisitions, based on investor presentations, SPAC documents and Memoori analysis. […]

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 […]

ABB Divests Multisite Retail Business & Invests Further in BrainBox AI as a Strategic Partner
Brainbox AI has announced the acquisition of ABB’s multisite retail business and a US$20 million fundraising round led by the Government of Québec as a lead investor for US$10 million, alongside ABB, a returning lead investor and global partner. This Research Note highlights the background to this announcement and the strategic rationale of both companies, […]

Net Zero Buildings Explored: National University of Singapore
In January 2019, the National University of Singapore officially opened SDE4, one of the first new-build net zero buildings in Singapore. The 8,500-square-meter, six-storey, multi-disciplinary facility is a new addition to the Design & Environment precinct and part of a larger campus redevelopment. Located near the southern coastline of Singapore, this climate-responsive building has become […]

Spacewell Smart Building Management Business & Financials 2022 Examined
In this Research Note, we examine Spacewell, part of the Manage segment of Nemetschek, which provides software for the management and operations phase in the building lifecycle. This article is based on their 2022 annual results, investor presentations, the Annual Report of the parent company, published on 23rd March 2023 and the group’s strategy in […]

Net Zero Buildings Explored – The Balfour Hospital
The Balfour Hospital in Kirkwall, on the remote Scottish islands of Orkney, has established itself as the first fully net-zero National Health Service (NHS) hospital in the UK in 2019. The £65 million facility, designed to accommodate 49 patients, has pioneered an innovative and sustainable approach to design, construction, and operation processes. Delivered by the […]

THAT Overused “40%” Building Energy Consumption Statistic Investigated!
“Buildings account for 40% of all energy consumption and represent 40% of all greenhouse gas emissions”. Yes, this is another article that starts with the same statistic you’ve heard for the past decade! Like a bad smell, it permeates every research report, media article and industry conference you’ve attended in recent memory. It must be […]