Smart buildings
Honeywell Strategy Update: Building Automation Business Acquires Carrier’s Global Access Solutions
December 11th, 2023AI + Memoori = AIM!
December 7th, 2023
Paxton Access Control Business & Financials Examined
In this Research Note, we examine Paxton Access, the UK-based private company manufacturing electronic IP access control and video door entry solutions. This analysis is based on 2022 company accounts, press releases and the latest Memoori market forecasts. Founded in 1985, with headquarters in Brighton, UK, the company reports over 430 employees in 12 countries. […]

#Podcast 25: Making Sustainability a Habit!
In our Podcast series “Sh*t You Wish Your Building Did!”, Memoori explores the intersection between technology and commercial real estate through interesting conversations. In Episode #25 of our Podcast, In this Era of ESG Reporting and Focus on Climate Change, how can Organisations Change their Culture to make Sustainability a Habit? Prabhu Ramachandran, CEO of Facilio […]

essensys Flexible Workspace Tech Business & 2023 Financials Examined
In this Research Note, we examine the flexible workspace technology business of essensys, based on their full-year results, announced on 2nd November 2023 and Annual Report, year ending 31st July 2023. This article highlights their latest financial performance, restructuring of global operations and strategy, updating our 2022 Examined report. Listed on the AIM market of […]

Beyond the Hype: Assessing What We Know About the PassiveLogic Ecosystem, So Far
Many startups set out hoping to change the game, to put a “dent in the universe” but the reality is that few get close. The odds of “success” if you are funded by a top VC are something like 0.05%. Even “success” doesn’t mean you change the game. Salt Lake City-based startup PassiveLogic is being […]

What is the Key to Rapid Evolution in Access Control Technologies?
Until the late 20th century, people primarily relied on lock-and-key systems to control access in buildings. In the last 40 years, however, we have been introduced with new access control technologies that promise improved security and a range of features that elevate the occupant experience. From various versions of card and fob technology to QR […]

Napco Security Business & FY 2023 Financials Examined
In this Research Note, we examine NAPCO Security Technologies, Inc., a building security products manufacturer of alarms & connectivity, locking and access control solutions. This article focuses on NAPCO’s competitive strengths, fiscal 2023 financials, recurring service revenues and their long-term goals. The company has a significant security presence in commercial settings, with around 80% of […]

Siemens Buildings Business & FY 2023 Financials Examined
In this Research Note, we examine the Buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 earnings release and investor presentations of 16th November 2023. This article focuses on the latest financial results, revenue mix, recent Building X software/Xcelerator platform announcements and the outlook for FY 2024. Siemens […]

Mapping Future Growth in the Video Surveillance Market
Growth in the global video surveillance market has been tempered in recent years due to the impacts of the pandemic, geopolitical tensions and supply shortages. Total global revenues reached an estimated $30.4 billion in 2022, representing 4.5% growth but significantly lower than the 11.7% growth seen during the 2021 post-pandemic period, according to our research. […]