PropTech
New Working Practices Fuel Growth in the Digital Workplace Market, which will Rise to $9.2Bn by 2026
February 22nd, 2022Environmental Drivers Take the Wheel in the Smart Buildings Market
February 17th, 2022The 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” […]
Combining Bricks and Bytes in ABB’s Smart Buildings Division
In this Research Note, we examine the Smart Buildings Division of ABB, based on their activities throughout 2021, updating our previous article, ABB Ramps Up its Mid-Market Commercial Building Automation Business, which highlighted their acquisition of Cylon. The Smart Buildings Division offers a broad portfolio of home and building automation solutions as well as a portfolio of electrical […]
Are We Crossing the PropTech Chasm? Geoffrey Moore Interview
“In the past, most of the technology disruption was actually happening inside the tech sector itself —Microsoft would disrupt IBM and Google would disrupt Yahoo, or whatever— but what’s happened in the last 15 years, is that tech has begun disrupting other industries,” explained best-selling author Geoffrey Moore during a Memoori podcast last week. “The first […]
How can you Start to Adopt Technology in your Buildings with the Confidence to Succeed?
The technology around smart buildings can often feel alien to even the most experienced property professionals, especially when embarking on first time projects. The desire to create a smart building without understanding what you want the technology to achieve or the practical steps necessary for success, can often lead to problems. How can we give […]
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 […]
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, […]
Over $13 Billion Invested in Smart Building Technology in 2021!
Funding in the Smart Buildings sector is at an all-time high as over $13 billion was invested in 2021. This Research Note highlights our analysis of this unprecedented level of funding for smart building startups and established players. This past year has seen a 55% increase in investment values surpassing the previous annual record of $.8.5 billion in 2018. […]
How Much Does Smart Tech Increase Building Rental Value?
Technology makes our buildings smarter. That increased intelligence drives operational efficiency, health and safety, comfort and productivity, as well as many other benefits for building owners, tenants, and occupants. By adopting smart technology, building owners are essentially seeking to increase the value of their building, so they can demand higher rent or sale price, but […]