featured
Patent Trends Tell the Story of Future Green Building Innovation
November 23rd, 2021Buildings Need to Cement Their Place in the New World of Electric Mobility
November 18th, 2021
Johnson Controls 2021 Annual Report Examined
Few publicly listed companies like Johnson Controls International (JCI), present a pure smart buildings product and service offering. Since the 2016 merger with Tyco, and the 2019 sale of its Power Solutions business to BCP Acquisitions LLC for $13.2 billion, the firm is looking to capitalize on macro-trends including decarbonization, post-pandemic focus on healthier buildings, and digital technologies. JCI […]

Access Control Technology Attracts Another Public SPAC Listing
In December 2020, Memoori posed the question “Will SPACs Offer an Alternative Exit Route for Companies in the Smart Buildings Space?”. The answer seems to be a resounding Yes! This research note highlights five of twelve SPAC (Special Purpose Acquisition Company) transactions in 2021, updating our view that this vehicle is gaining popularity as an alternative exit route. […]

Siemens Buildings Business Q4 2021 Examined
In this research note, we examine the Buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 press conference, Capital Markets Day presentations and building technology-related activities throughout 2021. The SI portfolio addresses the complete value chain across buildings and electrification, increasingly growing together at the grid edge. Their smart building […]

$180m Flows into Occupancy Analytics Companies as Market Anoints its First Unicorn
In the space of three days this week, two already well-funded Occupancy Analytics companies closed Series C and D rounds, underscoring (in case anyone was in doubt) investor confidence in the move to hybrid working driving demand for digital workplaces. On Monday, California-based Vergesense announced that it had closed a $60m Series C round led […]

Motorola Solutions Purchases Envysion, their 5th Acquisition in Video & Access Control
Motorola Solutions continues its strategy of investing in its video surveillance and analytics business with the purchase of Envysion, a US physical security provider for the retail sector, for $124 million net of cash on 2nd November. Envysion’s loss prevention offering for quick-service restaurants, convenience, and specialty stores is a cloud-based solution. It integrates video systems […]

Acuity Brands Annual Report 2021 Examined
While lighting makes up 95% of Acuity Brands Inc revenue (they are now the largest lighting manufacturer in North America) it is their Intelligent Spaces Group (ISG) business segment that focuses on smart buildings technology. In this research note, we examine their recently published 2021 Annual Report. Acuity’s ISG business segment offers building management systems […]

Podcast #8: 25 Years of Internet of Things Innovation!
In this new Podcast series, Memoori explores the intersection between technology and commercial real estate through interesting conversations. 25 Years of Internet of Things Innovation! In episode #8 we talked to Axis Communications Co-Founder Martin Gren discussing 25 years of #IoT innovation, starting with the launch of the first IP Network Video Surveillance Camera back […]

Work is at an Unprecedented Junction with an Inevitable Conclusion
Before the COVID-19 pandemic, the US workforce spent just 5% of their total working time remote from the office. By the spring of 2020, that figure had risen to 60% and remained at a similar level for over a year, according to an April 2021 special report by The Economist. In Europe, 89% of companies now […]