Physical Security
Exploring iLoq Financials & the Mechatronic Lock Market
February 25th, 2022Allegion Annual Report 2021 Examined
February 21st, 2022
Honeywell Building Technologies Business 2021 Examined
In this Research Note, we examine the Building Technologies business of Honeywell, based on their 2021 10K Report, investor presentations and building technology-related activities throughout 2021. Honeywell Building Technologies (HBT) is the smallest of 4 reportable segments with $5.5 billion revenues in 2021, which represents just 16% of Honeywell’s diversified business areas across Aerospace, Performance Materials and […]

The Rise of Open Physical Security Interoperability
Integration of building systems has been a topic of continuous discussion for over 20 years. While numerous technology silos have been brought together through top-end proprietary software, none have had the variety, robustness, or price point to make a real impact on the mass market. In the physical security segment specifically, “integration” and “IT convergence” […]

The Security of Supply & Supply of Security
Despite almost two years of challenges and uncertainty posed by the COVID-19 pandemic, the global physical security market has demonstrated a remarkable degree of resilience. The pandemic is reshaping the industry, turbo-charging certain emerging business models, whilst it also continues to make our societies safer; not just from the pandemic but also from crime and […]

Customers Find Security in the Cloud During COVID
There has been a steady transition towards cloud-based as-a-service business models for smart building services over the past decade. This gradual shift began to challenge long-established business models, relationships, and channels of distribution and was met with some resistance from certain segments of the industry. These cloud-based as-a-service business models require that manufacturers and systems […]

A Real Estate Crisis in the World’s Biggest Potential Smart Building Market
China’s real estate sector is in crisis. In an effort to curb excessive borrowing by property developers and control runaway real estate price increases, the Chinese government began to crack down on developer debt in 2020. The market then suffered a downturn in 2021 due to the increased financial restrictions, while commercial sales and investment […]

Recording: Open Interfaces for Smart Buildings with ONVIF
Here is the Video Recording from our 1st Free Webinar of the 2021 Smart Buildings Series. Don’t forget you can now Subscribe to ALL our Webinars on YouTube! Open Interfaces for Smart Buildings with ONVIF. Memoori was joined by Leo Levit, ONVIF Steering Committee Chairman for the 1st Webinar in our 2022 Smart Building Series. […]

Robust Market for Smart Buildings M&A in 2021
A record number of acquisitions (286) in the smart buildings space in 2021 accounted for a 31% increase on 218 deals in 2020 and a 10% increase on the previous record of 259 transactions in 2019. There was a robust market for mergers and acquisitions (M&A) among both security product manufacturers and systems integrators last year, […]

Webinar: Open Interfaces for Smart Buildings with ONVIF
** Recording of this Webinar can now be found HERE ** Please join us on Tuesday 18th January at 1700 CET | 1600 GMT | 1100 EDT | 0800 PDT for our 1st FREE Webinar in the 2022 Smart Buildings Series. Open Interfaces for Smart Buildings with ONVIF. Memoori will be joined by Leo Levit, ONVIF Steering […]