Facility Management
Carnot’s Energy Optimization Solutions 2025 Expansion in Asia & Middle East
July 28th, 2025Energisme’s New 2025 Services Strategy Targets Positive EBITDA
June 4th, 2025SPIE Unveils Microsoft Fabric Integration: Digital Twin Builder 2025
This Research Note examines a new Digital Twin Builder feature in Microsoft Fabric and explores its application in building operations and facility management, based on its deployment at SPIE in the Netherlands. In May 2025, Microsoft announced a new Fabric feature at their Build Conference that allows for the creation of enterprise-ready digital twins. The […]
Samsung Acquires FläktGroup for €1.5Bn in Significant HVAC Deal
This Research Note examines what’s behind the acquisition of FläktGroup, a German HVAC systems provider, by Samsung Electronics, announced on 14th May 2025. We explore the transaction details and strategic rationale before providing our assessment of the respective businesses of both parties, based on recent press releases and Memoori analysis. Transaction Details In May 2025, […]
iLOQ Digital Locking Business Navigates Market Challenges in 2025
In this Research Note, we examine the Finnish digital locking innovator iLOQ.This article is based on the financial statements and the 2024 Annual Report of Capnor Weasel Bidco Oyj, iLOQ’s parent company, published 14th April 2025. We highlight the group’s growth strategy, 2025 outlook, and the recent announcement of headcount reductions. iLOQ Profile Founded in […]
aedifion’s AI HVAC Optimization Platform Reports Solid Growth in 2024
In this Research Note, we examine aedifion, a German AI HVAC optimization startup which has over 400 buildings under management, accounting for more than 4.2 million square metres. aedifion Profile aedifion GmbH is a startup based in Cologne, Germany, offering an AI-enabled platform for energy optimization in non-residential buildings. The firm was established by Dr.-Ing. […]
FacilityOS Completes Acquisition of SCLogic & Rebrand from iLobby
In this Research Note, we examine Canadian startup FacilityOS and its recent strategic decision to rebrand from iLobby and acquire SCLogic, announced on 4th March 2025. FacilityOS Profile Founded in 2013 and based in North York, Ontario, Canada, iLobby started out as a visitor management platform that helped enterprise companies track, manage, and monitor visitors, […]
Indian Innovation: 11 Smart Building Startups Gaining Traction
In this Research Note, we examine the smart building startup market in India. This analysis is part of our Startups in Smart Buildings Report, published in January 2025 in which we examined 30 APAC startups gaining traction. We assess the venture capital fundraising market in India, before highlighting 11 startups founded in India in the […]
JLL Facilities Business Increased Revenue 17% to $12.5B in 2024
In this Research Note, we explore JLL Workplace Management business, the reportable business segment providing a facilities management service offering for building occupiers. We focus on its organization within Work Dynamics, financial highlights, and acquisitions, based on their 2024 full-year results, 19th February 2025, and their latest 10K Report. JLL Profile For over 200 years, […]
Trends Powering the Smart Building Market to 4Bn IoT Devices by 2030
The growth of IoT devices being deployed in commercial buildings remains strong in 2025, driven by declining hardware costs, enhanced wireless connectivity, increased demand for energy efficiency and operational automation, as well as the rising capabilities of edge computing. Data from our latest study indicates that the installed base of IoT devices in commercial buildings […]