Honeywell

“BIoT technology penetration for small and medium-sized commercial buildings is well behind the curve in terms of adoption. This situation is largely a consequence of the business models and economic imperatives that have historically driven the building controls market,” our report on the IoT in smart commercial buildings stated. “Although the cost of building controls solutions is […]

The market for AI-enabled energy management & sustainability services is growing fast and attracting a good number of new market entrants, with 32% of vendors now offering services for this space, states our recent report on AI and Machine Learning in Smart Commercial Buildings.  Leading building controls companies including Honeywell, Siemens, Schneider Electric and Johnson Controls […]

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. While the benefits of Digital Twin solutions have been seen in pilot projects, this early adopter phase has yet to fully deliver on the promise of improved outcomes for commercial buildings.  This was the conclusion of our 2020 article on Early Innovators at the Forefront of […]

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Corporate venture capital continues to play an important role in funding innovations in the smart building space. The major incumbents providing building technologies and real estate services in commercial and industrial facilities are facing competitive pressure from a wave of smart building startups, […]

Our image of large cities tends to be dominated by skyscrapers and large office complexes, but the reality is that these big buildings only make up a tiny fraction of total commercial building stock. In fact, 94% of the commercial building in the US are made up of properties with under 50,000 square feet of […]

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. According to our recently published Startups Report, M&A continues to be a significant growth strategy for many incumbents providing solutions and services in the smart buildings space, as they seek to augment their portfolio offerings. Startup companies are becoming increasingly attractive targets for […]