PropTech
Smart Building Startups Navigate Shifting Investment Landscape in 2025
July 22nd, 2025Utopi Achieves Strong 2025 Growth in Decarbonizing Student Accommodation
July 14th, 2025
Helvar’s Smart Building Focus Strengthens After 2024 Demerger
In this Research Note, we examine Helvar Oy, the Finnish provider of lighting control and sensing solutions, one of four subsidiaries of Helvar Merca Oy, the ultimate parent company. This article highlights the firm’s main solutions, its latest financial results, company reorganization, and business outlook. This updates our previous analysis of the company from July […]
IoT Platforms Shift Beyond SaaS? Business Model Changes for 2025 & Beyond
Did you miss our live stream last week? We explored the complex ecosystem of IoT platforms reshaping how commercial buildings operate, from traditional office spaces to data centers. We examined the five technology tiers, analyzed the competitive landscape of unified versus specialized platforms, and investigated how artificial intelligence is fundamentally disrupting traditional software-as-a-service business models […]
Azbil’s Building Automation Profits Surged 26% in 2024
In this Research Note, we examine Azbil, a Japanese public company with a leading position in the domestic building automation market. The financial highlights and FY2025 outlook for the Building Automation business are based on their FY2024 annual results, year ending 31st March 2025, investor presentation, 13th May 2025, Annual Reports, and Memoori analysis. See […]
Evolv Reported Solid 31% Revenue Growth in 2024
In this Research Note, we examine Evolv Technology, a US public company providing AI-based weapons detection for security screening. We highlight the firm’s 2024 financial results, restated following a US SEC investigation, based on their 28th April 2025 announcement, 2024 10-K Report, and Investor Presentation, October 2024. This article also includes Evolv’s resolution of the […]
Otis Targets 60% Connectivity by 2026: IoT Platform Analyzed
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, […]
Podcast 37: Software Ate The World… What Will AI Agents Devour?
Are AI agents about to transform how our buildings work? In this conversation with smart building expert Elisa Rönkä, we explore how agentic AI could revolutionize the PropTech ecosystem. This isn’t just another AI hype video — it’s a practical discussion about how the smart building industry might navigate a huge transformation in technology. We […]
Built Cybernetics Reports Notable 2024 Smart Building Growth
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 […]
aedifion’s AI HVAC Optimization Platform Reports Solid Growth in 2024
In this Research Note, we examine aedifion, a German AI HVAC optimization startup which has over 400 buildings under management, accounting for more than 4.2 million square metres. aedifion Profile aedifion GmbH is a startup based in Cologne, Germany, offering an AI-enabled platform for energy optimization in non-residential buildings. The firm was established by Dr.-Ing. […]
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