Smart buildings
‘SaaSy’ Integrated Workplace Management System (IWMS) Vendors
July 4th, 2024Gorilla Technology Group Business & 2023 Financials Examined
July 2nd, 2024Irisity Video Analytics Business 2024 Examined
In this Research Note, we examine Irisity AB, a Swedish provider of AI-powered video analytics solutions. This analysis highlights their financials based on the 2023 Annual Report, the acquisition of Ultinous announced in February 2024, and the subsequent streamlining of group operations. Irisity AB is a public company listed on Nasdaq First North Growth Market. […]
Technovator Smart Buildings Business 2023 Examined
In this Research Note, we examine Technovator, a Chinese building automation firm, based on their 2023 annual report and financial results. Founded in Singapore in 2005, Technovator is listed on the Main Board of the Hong Kong Stock Exchange (Stock Code:1206). The group is structured into three business units: Smart Transportation Business (STB), Smart Building […]
Estonian Building Automation Startup Bisly Examined
In this Research Note, we examine the Estonian building automation firm Bisly, Founded in 2018 in Tallinn, Estonia, Bisly is built around the idea of making professional intelligent building technology available to all market segments. They offer a mix of their own hardware as well as market-specific third-party hardware that is delivered through a single […]
What’s Behind the Sale of Johnson Controls Air Distribution Business?
Johnson Controls has announced plans to sell its Air Distribution Technologies business, which it acquired in 2014 for $1.6 billion, for an undisclosed amount to Los Angeles private equity firm Truelink Capital. The transaction is expected to close in the second half of 2024 and marks another step in a broad transformation of the pure-play […]
What is the Recipe for Smart Building Startup ‘Success’?
In smart buildings, like all tech industries, most startups set out hoping to be the game-changing company that puts a “dent in the universe” but the reality is that few even get close. Despite all the hype around so many startups, the odds of “success” if you are funded by a top venture capital (VC) […]
CXApp Workplace Experience Business and Financials Examined
In this Research Note, we examine the CXApp workplace experience business and 2023 financials, following the SPAC merger with KINS Technology in 2022 and subsequent events. Founded in 2015, CXApp is a workplace experience platform for enterprise customers in a work ‘from-anywhere’ world for employees, partners, customers, and visitors. Functionalities offered include employee engagement, desk […]
Consolidation in the Workplace Experience Market as Witco Acquires SharingCloud
This Research Note examines what’s behind Witco’s latest move to acquire SharingCloud. We review the deal in the context of the startup’s development, funding, prior acquisitions, and strategy. Witco Profile Witco, a Parisian startup was founded in 2016 as MonBuilding, serving the French and Canadian enterprise market for workplace engagement apps. After raising 2 million […]
Axis Communications Video Surveillance Business & 2023 Financials Examined
In this Research Note, we examine the Axis Communications video surveillance business. This analysis is based on Canon’s 2023 Results Presentation 30 January 2024, Axis Communications 2023 Sustainability Report, 22 May 2024, and Memoori analysis. Founded in 1984 with headquarters in Lund, Sweden, Axis Communications offers products and services for video surveillance and analytics, access […]