Energy Management
Learnd BMS Integration Business, SPAC Listing & Growth Strategy Examined
May 9th, 2023IoT Market in Smart Commercial Buildings Set to Grow at Over 10% to 2028
May 8th, 2023Can Commercial Real Estate Seize the VPP Opportunity?
Virtual power plants (VPP) have been around for a while now, with early examples almost a decade old, yet mass adoption has been limited so far. However, as technology and policy mature in an increasingly volatile energy landscape, the case for VPPs has begun to rise once again around the world. We have seen a […]
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, […]
Portfolio Transformation at Carrier with Acquisition of Viessmann & Exit of Fire & Security Businesses
Carrier has announced strategic actions that will transform the Company’s business portfolio and establish Carrier as a pure-play, intelligent climate and energy solutions company. They will acquire Viessmann Climate Solutions in a cash and stock transaction valued at €12 billion. They also plan to exit their Fire & Security and Commercial Refrigeration cabinet businesses. This […]
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 […]
Hype, Consensus, Maturity, & the Incredible Potential of the IoT in Smart Buildings
Like many emerging technologies, the Internet of Things (IoT) has taken us on a rollercoaster of hype as it promises to fix every problem, and reach every corner of society —as a result, forecasts on IoT proliferation have varied widely over recent decades. However, our latest IoT research now shows an increasingly stable consensus emerging […]
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 […]
Trane Technologies’ Commercial HVAC Business 2022 Examined
Trane Technologies is a global provider of climate solutions for residential, commercial, and industrial applications. The company specializes in heating, ventilation, air conditioning (HVAC), and refrigeration systems through its brands Trane, American Standard, and Thermo King. In this research note, we will examine Trane Technologies’ performance and key activities in the past year, based on […]