Internet of Things
Semiconductor Partnerships Signal Growing Maturity of Smart Building Market
January 18th, 2024How IoT Devices Are Being Hijacked to Drive Crime & Conflict
January 17th, 2024
What’s Behind the HqO Decision to Acquire Symbiosy Smart Office Platform?
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 […]
Carrier Portfolio Transformation: Update on Business Exits and Viessmann Acquisition
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 […]
Johnson Controls Buildings Business & 2023 Financials Examined
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 […]
Honeywell Strategy Update: Building Automation Business Acquires Carrier’s Global Access Solutions
On 10th October 2023, Honeywell announced plans to realign its business segments around three megatrends: automation, the future of aviation, and energy transition. This Research Note focuses on what this means for the smart buildings market. The US conglomerate’s perspective for organic and inorganic growth was further highlighted on a 1st December webcast, together with […]
What is the Key to Rapid Evolution in Access Control Technologies?
Until the late 20th century, people primarily relied on lock-and-key systems to control access in buildings. In the last 40 years, however, we have been introduced with new access control technologies that promise improved security and a range of features that elevate the occupant experience. From various versions of card and fob technology to QR […]
Siemens Buildings Business & FY 2023 Financials Examined
In this Research Note, we examine the Buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 earnings release and investor presentations of 16th November 2023. This article focuses on the latest financial results, revenue mix, recent Building X software/Xcelerator platform announcements and the outlook for FY 2024. Siemens […]
Mapping Future Growth in the Video Surveillance Market
Growth in the global video surveillance market has been tempered in recent years due to the impacts of the pandemic, geopolitical tensions and supply shortages. Total global revenues reached an estimated $30.4 billion in 2022, representing 4.5% growth but significantly lower than the 11.7% growth seen during the 2021 post-pandemic period, according to our research. […]
Airthings Indoor Air Quality Business & Financials Examined
In this Research Note, we examine Airthings ASA, the Norwegian tech company focused on indoor air quality sensing. This analysis focuses on their 2022 financials and revised strategy for their commercial buildings offering, Airthings for Business, based on their Capital Market Day presentation, 26th October 2023. This article updates our previous article published in January […]
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