featured
Funding Takes Off for AI Drone Building Inspection!
August 15th, 2023SmartRent Smart Apartment Business, Financials & Growth Strategy Examined
August 14th, 2023The Energy Performance Potential of the Building Envelope
Often the most obvious things are the hardest to see, and that could be said of the building envelope in our quest for climate-friendly real estate. Architectural trends over the past few decades have favored glass, prioritizing the facade’s aesthetic appeal and leaving the envelope’s functional aspects to take a backseat. Double or triple-pane glass […]
Workplace Management Platform Provider Jooxter Doubles in Size with Acquisition of Wx Solutions
This Research Note examines Jooxter, a French workplace management startup and its May 2023 acquisition of Wx Solutions, part of Sodexo Group. Founded in the Nord de France region at Euratechnologies in 2014, Lille-based Jooxter is a provider of a SaaS workplace management platform that enables employees and their managers to work more efficiently. It […]
Workplace Experience Apps Emerge Across the Global Office Market
Apps have become so integrated into our daily lives over the past 15 years it is easy to forget what life was like before them or underestimate the influence they have today. Apps have quickly moved beyond the games, media, and social purposes that dominated early years to take on critical aspects in our lives, […]
Azbil Building Automation Business and Financials Examined
In this Research Note, we examine Azbil, a Japanese public company with a leading position in the domestic building automation market. Our analysis is based on their FY2022 annual results, year ending 31st March 2023 and investor presentations. The Building Automation (BA) business, the largest of three business units, accounts for 46% of consolidated net […]
Net Zero Buildings Explored: The Bullitt Center
The Bullitt Center in Seattle, WA, is one of the net zero buildings known as a pioneer of “deep green” architectural design. Completed in March 2013, the $32.5 million dollar project was considered an “audacious and provocative experiment and living proof of the economic and technical viability of sustainable buildings” in a 2014 paper by […]
£93 Billion of UK Commercial Real Estate at Risk of Becoming Stranded Assets
In the UK, an April update to the minimum energy efficiency standards (MEES) regulations for non-domestic buildings means large swathes of commercial real estate will have to improve their energy performance or face closure. As climate change dominates the headlines once again, building regulators will double down on environmental commitments, and commercial real estate owners […]
Evolv Technology Weapons Detection Business & Financials Examined
In this Research Note, we examine Evolv Technology, a U.S. provider of AI-based weapons detection for security screening. This article covers the firm’s development, 2022 financials, vertical market approach and growth strategy. It is based on Evolv’s 2023 Analyst Day Presentations, Q4 Earnings Deck, 2022 10K Report and our analysis. The Boston, Massachusetts startup has […]
HVAC/R Control Products Manufacturer Carel Acquires Smart Building SaaS Provider Kiona
In this Research Note, we examine what’s behind Carel’s acquisition of a majority stake in Kiona, a Norwegian Saas player in building management, energy management and refrigeration management. Our article is based on Carel investor presentations and reports from the seller, Swedish private equity firm Summa Equity. Carel Industries SpA is an Italian public company […]