Energy Efficiency
Chinese Firms Addressing Energy Efficiency in Commercial and Industrial Facilities
April 4th, 2022Bosch Energy and Building Technology Business 2021 Examined
March 25th, 2022
The ESG Problem & the Smart Building Solution
The term Environmental, Social, and Governance (ESG) has been around for almost 20-years but still conjures up a range of different thoughts and feelings for different people. For some, it is a force for good, bringing more humanness into the world of business, for others it is a weak attempt at regulation on serious global […]

Spica Technologies Acquired by Scandinavian Smart Building Systems Integrator Nordomatic
The Nordomatic Group, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region, has announced the acquisition of Spica Technologies, a Birmingham, UK based provider of digital workplace software. Founded in 2014, Spica’s cloud-based technology has been deployed across more than 25 million square feet of office space in 20 countries throughout Europe, North America and Asia […]

Environmental Drivers Take the Wheel in the Smart Buildings Market
“Is this how our story is due to end? A tale of the smartest species doomed by that all too human characteristic of failing to see the bigger picture in pursuit of short-term goals. Perhaps the fact that the people most affected by climate change are no longer some imagined future generation, but young people […]

Combining Bricks and Bytes in ABB’s Smart Buildings Division
In this Research Note, we examine the Smart Buildings Division of ABB, based on their activities throughout 2021, updating our previous article, ABB Ramps Up its Mid-Market Commercial Building Automation Business, which highlighted their acquisition of Cylon. The Smart Buildings Division offers a broad portfolio of home and building automation solutions as well as a portfolio of electrical […]

Trane Commercial HVAC Business 2021 Examined
In this Research Note, we examine the commercial HVAC business of Trane Technologies, which includes their building automation and energy services portfolio. It is based on their 2021 annual results, investor presentations and related activities throughout 2021. Trane Technologies was formed in 2020 following a spin-off from Ingersoll Rand’s Climate Division. As a vertically integrated enterprise, Trane offers […]

Robust Market for Smart Buildings M&A in 2021
A record number of acquisitions (286) in the smart buildings space in 2021 accounted for a 31% increase on 218 deals in 2020 and a 10% increase on the previous record of 259 transactions in 2019. There was a robust market for mergers and acquisitions (M&A) among both security product manufacturers and systems integrators last year, […]

Smart Building Data Silos are Not Sustainable for the Market or the Environment
Picking just the low-hanging fruits of green efficiency is not enough to make real progress in the fight against climate change. The phasing out of incandescent lighting for LED technology was relatively easy considering the lifespan of light bulbs is measured in months. The ongoing transition to electric mobility is a greater challenge with vehicles […]

Hybrid Work & Climate Change to Drive the Evolution of Smart Buildings in 2022
The past twelve months have been anything but normal, in fact, 2021 could go down in history as the first year of the “new normal” as we came to terms with a pandemic that is reshaping the world. While 2020 will always be seen as the year that rocked the world with restrictions, and lockdowns, […]