Recession
Restructuring and Redundancies at Infogrid
January 3rd, 2023Measurable Smart Building Benefits Offer a Basis for Retrofits in Post-COVID Era
February 12th, 2021
No Slowdown in PropTech Startup Investment in 2020 Despite COVID-19
Our new report on the Smart Building Startup landscape has identified 665 private companies founded between 2011 and 2020 in the smart buildings sector. This number has increased 38% in two years. There was no slowdown in the number of Startups receiving investment last year despite the COVID-19 global pandemic and ensuing recession. Indeed, investment […]
Hub & Spoke Workplaces: the Good, the Bad & the Ugly
It is over six months since we published our March 19th article — COVID-19, the World’s Biggest Remote Working Experiment is Underway — and the workplace is still in flux. Around the world, companies have one eye on bringing employees back to the office and the other on the potential of distributed workforces in the […]
How COVID-19 & the Recession Will Impact the Tech Industry
The swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged the global economy into a severe contraction. According to World Bank forecasts, the global economy will shrink by 5.2% this year. That decline represents the deepest recession since the Second World War, the World Bank says in its […]
The Virtual Reality of the Post-COVID “New Normal”
“Man is by nature a social animal…” said Greek philosopher-politician Aristotle over 2000-years-ago. His words may never have been more relevant than they are today, in our current crisis-induced era of social distancing. Socializing has not stopped, however, we are social creatures and we have the technology to remain social for work and play, even […]
New Post-COVID Building IoT Report Reveals Scale of the Crisis & Opportunity
“The lockdown will directly affect sectors amounting to up to one-third of GDP in the major economies. For each month of containment, there will be a loss of 2 percentage points in annual GDP growth,” explained Angel Gurría, Secretary-General of the Organisation for Economic Co-operation and Development (OECD). The OECD estimate that the direct hit […]
Uncertainty is the Only Certainty for Commercial Real Estate Post-COVID
“If we think about real estate as an asset class its value isn’t entirely determined by short term rent rolls,” said Tim Savage, Clinical Assistant Professor of Real Estate at NYU Schack Institute of Real Estate. “In the short run, we will see perceived values fall but this is a natural disaster, not a financial […]
Will the COVID-19 Pandemic Drive Further ACaaS & VSaaS Growth?
When we published our 2019 World Report on Physical Security at the end of last year, we forecasted an annual growth rate of 15% from 2020 to 2024 for both Access Control as a Service (ACaaS) and Video Surveillance as a Service (VSaaS). But by the middle of April 2020, the COVID-19 pandemic has caused […]
End of the Road for WeWork? Recession Spells Uncertain Times for Co-Working
In August 2017, a New York co-working startup named WeWork was squeezed into a unicorn outfit and hurled on to the world stage by a $4.4 billion investment from Japanese conglomerate Softbank. By August 2018, as WeWork’s astronomical growth continued, we started to question our assumptions of this as a fad, contemplating WeWork as the […]