Internet of Things

In this Research Note, we examine the lighting business of Signify, based on their 2023 annual results announced on 26th January 2024, investor presentations and connected lighting technology-related activities throughout the last 12 months. This is an update on our previous coverage of Signify last year. Signify (Euronext: LIGHT), headquartered in Eindhoven, the Netherlands, is […]

Rumors circulated this week after a Bloomberg article and comments by Johnson Controls CEO, George Oliver, suggested we may see a potential sale of their residential and light commercial HVAC equipment business. Johnson Controls has described the situation as “early stages” but in this research note, we look at recent activities and trends to consider […]

Here is the recording and presentation from our live stream with Mike Hook from LMG discussing a blueprint for the future of smart building retrofits. Mike puts forward his view that retrofits with a light touch are the best solution to keep costs down and enable rapid deployment. And by prioritizing flexibility in a phased […]

“It was not so very long ago that people thought semiconductors were part-time orchestra leaders and that microchips were very small snack foods,” said US politician Geraldine Ferraro in the 1980s about a technology that has gone on to revolutionize the world. Semiconductors are so essential for the creation of computers, phones, vehicles, and almost […]

This Research Note examines what’s behind HqO’s decision to acquire the Symbiosy platform from HB Reavis. We review the deal in the context of HqO’s tenant experience and workplace management strategy and assess their strategic partnerships and investments in the last two years. HqO Profile Founded in 2018, Boston, US-based HqO offers a Real Estate […]

This Research Note reviews Carrier’s announcement to divest its commercial refrigeration business to Chinese manufacturer, Haier. This transaction is part of a series of divestments, brought about by the acquisition of Viessmann Climate Solutions. The state of play of Carrier’s portfolio transformation activities is assessed including the exit of the fire and security businesses. Carrier […]

In this Research Note, we examine the Johnson Controls business, based on their 12th December Q4 earnings release, conference call, investor presentation and 10K, reporting financials year ending 30th September 2023. Johnson Controls International plc (JCI), headquartered in Cork, Ireland, is a pure-play smart buildings player, serving a wide range of customers in more than […]