Internet of Things

Smart Buildings

Zumtobel Invests €191 Million in R&D for Smart Buildings Growth

August 21st, 2025
Smart Buildings

Haltian Reports Strong 26.2% Revenue Growth & Healthcare Expansion

August 18th, 2025
WeMaintain 2025
Smart Buildings

WeMaintain Achieves Strong International Growth: 70% Business Outside France

This Research Note examines the French startup, WeMaintain, established as an independent maintenance company to challenge the incumbent elevator and escalator manufacturers with IoT-based monitoring and superior service.  This article updates our 2022 Research Notes on the company in  July 2022 and October 2023. WeMaintain Profile Founded in 2017, WeMaintain offers tech-enabled predictive maintenance operations […]

Techem Acquisition 2025
Energy

Techem’s Major €6.7B Acquisition by Partners Group to Drive Next Growth Phase

This Research Note examines what’s behind the announcement of the €6.7B acquisition of German submetering firm, Techem by Partners Group and a consortium of minority investors. We highlight the transaction details, ownership history, and strategic rationale, as well as reviewing Techem’s financials and device and services portfolio. Transaction Details Partners Group, GIC, TPG Rise Climate, […]

Utopi Sensor
Smart Buildings

Utopi Achieves Strong 2025 Growth in Decarbonizing Student Accommodation

This Research Note examines Utopi, a Scottish IoT device startup that has gained traction in the Purpose-Built Student Accommodation (PBSA) market.  We explore the firm’s software and hardware offerings, deployments, funding, and financial highlights. Utopi Profile Founded in 2019 in Lanarkshire, Scotland by Ben Roberts, Falk Bleyl, John Trower, and CEO Jonathan Burridge, Utopi Ltd […]

Paxton USA 2025
Security

Paxton Access Delivers Solid 2024 Results Despite Tough Market Conditions

In this Research Note, we examine Paxton Access, the UK-based private company manufacturing electronic IP access control and video door entry solutions. This article is based on their 2024 company accounts and press releases, updating our previous coverage of the company in December 2023. Paxton Company Profile Founded in Brighton, UK in 1985, Paxton has […]

Helvar Healthcare Lighting
Smart Buildings

Helvar’s Smart Building Focus Strengthens After 2024 Demerger

In this Research Note, we examine Helvar Oy, the Finnish provider of lighting control and sensing solutions, one of four subsidiaries of Helvar Merca Oy, the ultimate parent company. This article highlights the firm’s main solutions, its latest financial results, company reorganization, and business outlook. This updates our previous analysis of the company from July […]

Axis Communications 2024
Security

Axis Communications Reports Strong 7.4% Revenue Growth Despite Headwinds

In this Research Note, we examine the Axis Communications video surveillance business. This analysis is based on Axis Communications 2024 Sustainability Report published in June 2025, Canon 2024 Financial Results Presentation, published 30th January 2025, and Memoori analysis. Founded in 1984 with headquarters in Lund, Sweden, Axis Communications offers products and services for video surveillance […]

Wesco entroCIM Acquisition 2025
Smart Buildings

Wesco’s $36.5m Deal for entroCIM Powers Shift to Services

In this Research Note, we explore what’s behind the acquisition of entroCIM by Wesco and examine the software business which has become part of Wesco’s Data Center Solutions segment. We also highlight Wesco’s strategy evolving from a distributor to a services provider. Transaction Details Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500 company with […]

Technovator Singapore 2025
Smart Buildings

Technovator Reports $36.4m Loss in Challenging 2024 Performance

In this Research Note, we examine Technovator, a Chinese building automation firm, based on their 2024 Annual Report and financial results, published on 26th March 2025. This article updates our previous coverage of the company in June 2024. Technovator Profile Founded in Singapore in 2005, Technovator is listed on the Main Board of the Hong […]

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