Physical Security
Vitaprotech’s 2025 Consolidation: New 4-Channel Strategy Simplifies Structure
June 13th, 2025Evolv Reported Solid 31% Revenue Growth in 2024
June 9th, 2025
Senstar Reports Strong 2024 Results with 9% Revenue Growth
In this Research Note, we examine Senstar Technologies (NASDAQ: SNT), a Canadian provider of perimeter intrusion detection systems for the protection of critical infrastructure, based on their 2024 20F financial report, earnings release, investor presentation, vertical market focus, and strategy. This article updates our previous June 2023 analysis. Senstar Profile Founded in 1984 as an […]
Bosch Powers Through Difficult 2024 with Big HVAC Expansion
This Research Note examines the Energy and Building Technology (EBT) business sector of the Bosch group, focusing on their 2024 annual results, the Home Comfort and Building Technologies divisions and how forthcoming acquisitions and divestments will impact these businesses in 2025. This article is based on Bosch’s 2024 results announcement, 31st January 2025, 17th March […]
Investment Patterns Shift in 2025: Smart Building Analysis
“In 2025, the convergence of macroeconomic uncertainty, capital market tightening, and renewed supply chain disruptions is altering investment patterns and strategic priorities across the technology landscape,” states our latest research on the Internet of Things (IoT) platforms market in commercial buildings. Many technology supply chains have only recently recovered from the disruptions caused by the […]
Unica’s 2025 Strategy: MPL Acquisition Unlocks Advanced Smart Building Platform
This Research Note explores the strategic rationale of the recent acquisition of Dutch firm, MPL by Unica, one of the leading technical service providers in the Netherlands. We examine MPL’s Smart Building Platform as a Service and its integration into it’s Building Intelligence cluster of companies. MPL Acquisition On 20th March 2025, Unica announced the […]
Hikvision’s Strategic AIoT Shift & 2024 Financials Explored
In this Research Note, we examine the Chinese video surveillance giant, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd), focusing on their strategic repositioning and business organization, before highlighting their 2024 results. This article is based on an IR presentation, October 2024, Hikvision’s 2024 Annual Report, 19 April 2025, associated press release, and Memoori analysis. See […]
iLOQ Digital Locking Business Navigates Market Challenges in 2025
In this Research Note, we examine the Finnish digital locking innovator iLOQ.This article is based on the financial statements and the 2024 Annual Report of Capnor Weasel Bidco Oyj, iLOQ’s parent company, published 14th April 2025. We highlight the group’s growth strategy, 2025 outlook, and the recent announcement of headcount reductions. iLOQ Profile Founded in […]
SenseTime Transformation: Gen AI Powered 64% of Revenue in 2024
In this Research Note, we examine the Chinese AI company, SenseTime, in the context of the smart buildings sector. We assess the group’s strategic pivot away from smart city business towards generative AI and digital transformation initiatives before highlighting 2024 results by business segment, based on 2023 and 2024 annual report announcements and investor presentations. […]
Advancis Secures Private Equity Investment in 2024: PSIM Market Implications
This Research Note examines Advancis Software & Services GmbH, a medium-sized German company providing physical security & identity software solutions. We review their latest company accounts y/e 31st December 2023 released on 4th February 2025, and comment on their private equity minority investment and positioning in the Physical Security Information Management (PSIM) market. Advancis Profile […]
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