Internet of Things

The global market for the Building Internet of Things (BIoT) in commercial buildings is projected to expand from $64.1 billion in 2024 to $101.0 billion in 2030, representing a CAGR of 7.87% over the forecast period under the baseline scenario, according to our latest research. These new forecasts demonstrate the resilience of BIoT development in […]

As commercial buildings transform into responsive, data-driven environments, IoT platforms have emerged as the critical orchestration layer connecting previously isolated systems into unified networks. Our new report, “IoT Platforms in Smart Commercial Buildings 2025 to 2030,” delivers actionable intelligence on this rapidly evolving ecosystem. Market Growth Accelerated by Converging Drivers The total global market for […]

In this Research Note, we examine what’s behind the launch of Legrand’s Wattstopper i3 platform, “a next-generation lighting and building intelligence solution” powered by KODE Labs, announced on 5th May 2025. We explore the development of Wattstopper digital solutions, strengthened by the Encelium acquisition, before commenting on the respective partners in this collaboration and the […]

This Research Note examines the digital service offerings of Otis, the world’s leading elevator and escalator manufacturing, installation and service company.  We highlight the group’s strategic initiatives in digitalization, including the ONE IoT platform. This article is based on their Investor Day presentation, 2024 Annual Report, an interview with Judy Marks, CEO, 18th April 2025, […]

In this Research Note, we examine MapsPeople, a Danish public company providing indoor mapping and navigation software, which announced an agreement to be acquired by a Canadian technology firm, Apex Group Technologies on 28th April 2025. This article highlights what’s behind the transaction, including reference to MapsPeople’s 2024 financial results, published 6th March 2025, and […]

This Research Note explores Built Cybernetics plc, a London AIM-quoted PropTech group delivering Smart Buildings and related services. We examine their latest financial highlights, year ending 30 September 2024, announced 24th March 2025 and their strategic focus to augment their architectural businesses with recurring SaaS revenues from smart building services. Built Cybernetics Profile The Group […]

In this Research Note, we examine the recent announcement that Enlighted will wind down operations in 2025. We also reflect on wider market trends for lighting controls and occupancy analytics technology, and highlight previous closures in the space. Enlighted Profile & Closure Headquartered in Santa Clara, California, Enlighted was founded in 2009 by Tanuj Mohan […]