Retrofit
Belimo Building Controls Business & Growth Strategy 2022 Examined
March 27th, 2023Net Zero Buildings Explored: GSA Wayne Aspinall Federal
March 14th, 2023
ABB Smart Buildings Business 2022 Examined
In this Research Note, we examine the Smart Buildings business of ABB, based on their 2022 results, Factsheet and building technology-related acquisitions and partnerships throughout 2022. The Smart Buildings division, one of 6 business units of the $14.1 billion Electrification segment of ABB, reported revenues in the range of $2,750 to $3,250 million for 2022. […]
Systemair Ventilation Business 2022 Examined
Founded in 1974, Systemair AB is a ventilation and air conditioning group with operations in more than 50 countries. The firm has reported an operating profit every year since its establishment and, over the past 10 years, the company’s average growth has averaged over 9%. In the 2021/22 financial year, Systemair achieved sales of SEK […]
Airthings Commercial Building Business Examined
Airthings is a Norwegian tech company focused on air quality sensing that is making a name for itself on a global stage. Recent deals with the likes of Carrier, Walmart, and Home Depot have bolstered hardware sales channels, while newer SaaS approaches are improving their results. However, the past year has had its challenges as […]
White Paper: How Can Smart Building Technology Become Mainstream?
We have been talking about smart buildings for decades. We have seen smart technology emerge and showcase projects achieve impressive results, however, the vast majority of new and old buildings are still not smart. A new joint white paper by Spaceworx and Memoori asks “why?” and, more importantly, “what can be done about it?” Download […]
Azbil’s Building Automation Business and 2022 Financials Examined
In this Research Note, we examine Azbil, a public company with a leading position in the Japanese building automation market. Our analysis is based on their annual results, year ending 31st March 2022 and investor presentations. The Building Automation (BA) business, the largest of three business units, accounts for 46.4% of consolidated net sales for the Azbil Group, which increased […]
#Podcast 14: Bridging the Gap Between Old Control Systems and New Technology!
In our Podcast series “Sh*t You Wish Your Building Did!”, Memoori explores the intersection between technology and commercial real estate through interesting conversations. Only focusing on making new buildings smart will do very little to help us achieve Net Zero by 2050. 80% of the buildings that will exist in 2050 have already been built, and […]
Mapping the Strategic Direction of ABB Smart Buildings Division
This Research Note examines the emerging strategic priorities of ABB’s Smart Buildings division. We have mapped the acquisitions, strategic partnerships and investment activity of the business unit to ascertain their growth ambitions, by categorizing the various relationships and deals by technology and investment type over a 4-year period. This analysis is intended as a non-exhaustive indicator of […]
Kterio Smart Building Analytics Business Examined
In this Research Note, we examine Kterio, the US, UK and Netherlands-based building intelligence SaaS company. This analysis covers their stakeholders, funding, vertical markets and partnerships. This article is part of a series covering the activities of startups such as Haltian, Nuuka Solutions, Spica Technologies and Flowscape. Founded in 2020 as MarketBridge-ISS (MBISS), the company offers solutions to manage, analyze and optimize any size commercial […]
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