SaaS
The Global Pandemic Highlighted the Value of Building IoT Technology
June 6th, 2022Nuuka Building Analytics Business and Financials Examined
Spica Technologies Acquired by Scandinavian Smart Building Systems Integrator Nordomatic
The Nordomatic Group, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region, has announced the acquisition of Spica Technologies, a Birmingham, UK based provider of digital workplace software. Founded in 2014, Spica’s cloud-based technology has been deployed across more than 25 million square feet of office space in 20 countries throughout Europe, North America and Asia […]
SmartSpace Software’s Strategic Move Leads to Visitor Management Platform Momentum
SmartSpace Software Plc is a UK based provider of workplace management software for smart buildings and commercial spaces. The company is listed on the London Stock Exchange’s AIM market. In this Research Note, we examine the business, based on their trading updates and investor presentation of 17 February 2022 and their workplace management strategy. Revenue for the year […]
Customers Find Security in the Cloud During COVID
There has been a steady transition towards cloud-based as-a-service business models for smart building services over the past decade. This gradual shift began to challenge long-established business models, relationships, and channels of distribution and was met with some resistance from certain segments of the industry. These cloud-based as-a-service business models require that manufacturers and systems […]
Securitas Expands Electronic Security Footprint with Acquisition of Stanley Security
Securitas, the global security services business comprising guarding, electronic security, fire and life safety solutions, has announced a “transformative acquisition” of Stanley Security, the electronic security solutions business of Stanley Black & Decker, making this their largest acquisition to date. Stanley Security is a provider of electronic security solutions with operations in 12 markets globally and with approximately […]
Uptick and PlanRadar: Two Scale-Ups Transforming Building Compliance for Life Safety
Dame Judith Hackitt has spoken extensively about the construction industry’s need for a more joined-up approach. Her report, ‘Building a Safer Future: Independent Review of Building Regulations and Fire Safety’, produced in the wake of the UK Grenfell Tower tragedy in 2017, made a number of recommendations on preventing similar incidents from taking place in the future. Her […]
European Startups Enable Smart Water Management Solutions in Commercial Buildings
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori Water management solutions at the point of use in buildings are gaining traction as IoT driven digital water technology gathers pace. Advancements in IoT technology, analytics and automation enable organizations to now add water to their existing energy efficiency and sustainability initiatives. IoT […]
Opportunities for Smart Buildings as a Service in Commercial Real Estate
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. In a challenging economy, customers will be demanding more value from their investments and will be less willing to commit to upfront capital expenditure; making Smart Buildings as a Service even more attractive than 6 months ago. This business model is defined as […]
Decline in Q1 VC Investment in Smart Buildings Offset by Increase in Transaction Values
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. The number of Q1-2020 funding rounds in the smart buildings space declined 27%, but there was an increase of 84% in transaction values compared to Q4-2019. Venture capital financing is undoubtedly being impacted by COVID-19 but it is too early to say by […]