Retrofit

Smart Buildings

Legence IPO Filing 2025: Financial & Market Position Analysis

August 19th, 2025
Energy

Nordomatic Reports Strong Growth: Key Insights from 2025 Market Position

August 13th, 2025
Albireo Energy 2025
Energy

Albireo Energy Reports $353m Revenue: Strengthens Market Position

This Research Note highlights Albireo Energy, the largest independent building control systems integration and energy services company in the U.S.   We examine their 2024 financial highlights, deployments, and sustainability solutions portfolio, based on their 2024 Responsibility Report and Memoori analysis. This article updates our 2023 Research Note on the company. Albireo Energy Profile Founded in […]

Azbil Japan 2024
Energy

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 […]

Enlighted Shutting Down 2025
Smart Buildings

Enlighted Turn the Lights Off: Siemens Close Lighting Unit in 2025

In this Research Note, we examine the recent announcement that Enlighted will wind down operations in 2025. We also reflect on wider market trends for lighting controls and occupancy analytics technology, and highlight previous closures in the space. Enlighted Profile & Closure Headquartered in Santa Clara, California, Enlighted was founded in 2009 by Tanuj Mohan […]

aedifion bnp paribas
Energy

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. […]

Energys Group IPO 2025
Energy

Energys Group Completes $10.125m IPO: Key Insights from the 2025 Listing

In this Research Note, we examine the IPO of Energys Group, a UK energy efficiency and decarbonization solutions provider, having completed a Nasdaq listing on 2nd April 2025. We highlight the strategic implications of the listing, positioning it for expansion and increased visibility. Energys Group Profile Energys Group Limited is a holding company headquartered in […]

IoT Deployments CapEx vs OpEx
Smart Buildings

IoT Deployments: Essential Strategies for Balancing CapEx vs OpEx Costs in 2025

“IoT deployments in smart commercial buildings continue to gain momentum, driven by regulatory compliance, energy efficiency mandates, and the push for enhanced operational performance,” explains our latest smart building research. “Organizations are investing in IoT hardware to optimize building functions, improve tenant experiences, and lower long-term costs. However, implementation costs remain a critical consideration.” IoT […]

CBRE Strategy Mapping Acquisitions Investments Partnerships Divestments
Smart Buildings

Mapping the Strategic Direction of CBRE in Smart Buildings 2024

This Research Note examines the emerging strategic priorities of CBRE, one of the largest real estate service providers in the smart buildings space. We have mapped acquisitions, strategic partnerships, and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type. This article is intended […]

Kontrol Technologies
Smart Buildings

Kontrol Technologies Smart Buildings Business & Financials Examined

In this Research Note, we examine Kontrol Technologies Corp, a Canadian public company offering IoT, Cloud, and SaaS technology for smart buildings and cities in the North American market. Based on their 2023 Annual Information Form and Consolidated Financial Statements, filed on 1 April 2024, this analysis covers their subsidiaries and operating businesses, corporate restructuring […]

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