HVAC Controls
Johnson Controls Business and 2022 Financials Examined
November 17th, 2022Exploring Caverion’s Smart Building Strategy & Public Tender Offer
November 15th, 2022Acuity Brands Intelligent Spaces Group and 2022 Financials Examined
While lighting makes up 95% of Acuity Brands revenue (they are now the largest lighting manufacturer in North America with over $4.01 billion in revenues), it is their Intelligent Spaces Group (ISG) business that focuses on smart buildings technology. In this Research Note, we examine the development of the ISG business and its recent financial results. Our analysis is […]
Buildings Can Do Much More To Reduce Their Cyber Security Risk
The ultimate vision of mass hyper-connected smart buildings hosting hundreds of interconnected devices will not be possible without addressing a wide range of building specific cybersecurity issues. Each system, device, router, server, and gateway, including their multiple versions and iterations, introduces its own cyber security risk to the building. And, without strict segmentation, unauthorized access […]
Mapping the Strategic Direction of JLL in the Smart Buildings Space – Part 1
This Research Note examines the emerging strategic priorities of JLL in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the company, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, Part 1 of a 2-part analysis, is intended as […]
Azbil’s Building Automation Business and 2022 Financials Examined
In this Research Note, we examine Azbil, a public company with a leading position in the Japanese building automation market. Our analysis is based on their annual results, year ending 31st March 2022 and investor presentations. The Building Automation (BA) business, the largest of three business units, accounts for 46.4% of consolidated net sales for the Azbil Group, which increased […]
Mapping the Strategic Direction of Siemens in Smart Buildings – Part 2
This Research Note examines the emerging strategic priorities of Siemens in the smart commercial buildings space. We have mapped acquisitions, mergers, strategic partnerships and investment activity to ascertain the growth ambitions of the Siemens Smart Infrastructure division; categorizing the various business relationships by technology and investment type over a 3-year period. This article, part 2 of a 2-part analysis, is […]
Mapping the Strategic Direction of Johnson Controls – Part 1
This Research Note examines the emerging strategic priorities of Johnson Controls (JCI) in the smart buildings space. We have mapped acquisitions, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, part 1 of a 2-part analysis, is intended […]
Mapping the Strategic Direction of Trane Technologies
In this Research Note, we take an in-depth look at the business strategy of Trane Technologies based on their acquisitions and partnerships since 2020. Trane Technologies was formed in 2020 following a spin-off from Ingersoll Rand’s Climate Division. As a vertically integrated enterprise, Trane offers commercial and residential HVAC equipment and aftermarket services as well […]
#Podcast 14: Bridging the Gap Between Old Control Systems and New Technology!
In our Podcast series “Sh*t You Wish Your Building Did!”, Memoori explores the intersection between technology and commercial real estate through interesting conversations. Only focusing on making new buildings smart will do very little to help us achieve Net Zero by 2050. 80% of the buildings that will exist in 2050 have already been built, and […]