Energy Services
Albireo Energy Building Automation Systems Integration Business & Growth Strategy Examined
July 17th, 2023Bosch Augments Security Systems Integration Business with Acquisition of Paladin Technologies
July 13th, 2023Ameresco Energy Services Business & Expansion Strategy Examined
Ameresco, the US-listed cleantech integrator held its 2023 Investor Day in London, UK on 11th May 2023. In this Research Note, we examine Ameresco’s strategy and growth opportunities in Europe based on the webcast and Q&A sessions of the event, together with presentations and press releases over the past year. Founded in 2000, Ameresco, Inc. […]
Mapping the Strategic Direction of Siemens in Smart Buildings – Part 1
This Research Note examines the emerging strategic priorities of Siemens in the smart commercial buildings space. We have mapped acquisitions, mergers, strategic partnerships and investment activity to ascertain the Siemens Smart Infrastructure division’s growth by categorizing the various business relationships by technology and investment type over a 3-year period. This article, Part 1 of a 2-part analysis, is intended as […]
Technovator Smart Buildings Business and 2021 Financials Examined
In this Research Note, we examine Technovator, a key player in the Chinese building automation market, based on their 2021 annual report, financial results and investor presentations. Technovator International Ltd designs, manufactures and distributes integrated building automation and energy management systems, including hardware, software & total solutions to system integrators and distributors. The group positions itself as […]
Bosch Energy and Building Technology Business 2021 Examined
In this Research Note, we examine the Bosch Energy and Building Technology businesses, based on their 2021 annual results, M&A strategy, and related activities in energy, building automation, and security systems. Bosch Energy and Building Technology (EBT) business, the smallest of four reportable sectors, accounted for €5.9 billion revenues in 2021, just 7% of Bosch Group, a leading German […]
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 […]
Carrier Building Automation and Fire & Security Businesses Examined
Carrier Global Corporation, established as an independent public company, following its spinoff from United Technologies Corp. in April 2020, is one of the top three global HVAC equipment manufacturers. In this Research Note, we examine two of its adjacent business areas – the Fire & Security and Building Automation businesses, based on Carrier’s 2021 10K Report, […]
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 […]
Consolidation Intensifies in European Building Automation & Energy Services Market
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. The European building automation market is seeing further evidence of consolidation and investment, as acquisitions continue to intensify competition in the sector. In the last two years, corporate buyers providing building management solutions, energy services and technical facilities management have acquired solution providers […]