Generative AI
Vertiv Enhances IoT Platform with Strategic 2025 Waylay Acquisition
August 29th, 2025IoT Platforms Shift Beyond SaaS? Business Model Changes for 2025 & Beyond
June 26th, 2025
Irisity’s 2025 Restructuring: Mixed Results Drive Strategic Changes
In this Research Note, we examine Irisity AB, a Swedish provider of AI-powered video analytics solutions. This analysis highlights their financials based on the 2024 Annual Report, the acquisition of Ultinous announced in February 2024, and the subsequent reshaping of group operations to strengthen its financial future. This article updates our previous coverage of Irisity in […]
Investment Patterns Shift in 2025: Smart Building Analysis
“In 2025, the convergence of macroeconomic uncertainty, capital market tightening, and renewed supply chain disruptions is altering investment patterns and strategic priorities across the technology landscape,” states our latest research on the Internet of Things (IoT) platforms market in commercial buildings. Many technology supply chains have only recently recovered from the disruptions caused by the […]
SenseTime Transformation: Gen AI Powered 64% of Revenue in 2024
In this Research Note, we examine the Chinese AI company, SenseTime, in the context of the smart buildings sector. We assess the group’s strategic pivot away from smart city business towards generative AI and digital transformation initiatives before highlighting 2024 results by business segment, based on 2023 and 2024 annual report announcements and investor presentations. […]
ABB Electrification Business & 2024 Financials Explored
In this Research Note, we examine ABB’s Electrification business and its 2024 financial results announced on 30th January 2025, specifically in relation to commercial buildings and data center end markets. We also highlight acquisitions and investments made by the business throughout 2024. ABB Electrification Divisions The Electrification business is split into 5 divisions, which provide […]
Mapping the Strategic Direction of JLL in Smart Buildings 2024
This Research Note examines the emerging strategic priorities of JLL, one of the largest real estate service providers in the smart buildings space. We have mapped acquisitions, strategic partnerships, and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type. This article is a […]
What’s Behind the Acquisition of Matterport by CoStar?
In this Research Note, we examine what’s behind the Costar acquisition of Matterport, the US digital twin business founded in 2011. This analysis is based on Matterport’s investor presentation 20th February 2024, 10K Annual Reports, and recent press releases. CoStar Business Founded in 1987, CoStar Group is a $2.5 billion revenue company, operating some of […]
The Escalating Impact of AI on the Building Internet of Things
In recent years, artificial intelligence (AI) has evolved from being merely a buzzword to presenting definable roles and tangible benefits for smart buildings. The past three years have seen the emergence of genuinely innovative use cases for AI technologies within the IoT for smart buildings (BIoT). While the rise of generative AI, like ChatGPT (developed […]
3.25 Billion Connected Devices in Smart Commercial Buildings by 2028
Our new research into connected devices in commercial real estate focuses on the installed base of IoT devices. It provides a completely fresh assessment of the industry based on the latest information. Memoori estimates that the number of IoT connected devices installed in commercial smart buildings reached over 1.5 billion in 2022. This represents around […]