Strategy
Siemens Smart Infrastructure Capital Market Event: Key Takeaways for Smart Buildings
December 16th, 2024dormakaba Capital Markets Day 2024: Simplify Access Control Software, Streamline Hardware
December 3rd, 2024
Wagner Fire Protection Business & 2024 Financials Examined
In this Research Note, we examine Wagner Group GmbH, the German fire protection solutions provider, based on their 2023/2024 results, and the group’s recent expansion strategy. This updates our previous coverage of Wagner Fire from October 2023. Wagner Fire Product Portfolio & Target Markets The group, headquartered in Langenhagen, Germany is one of the technology […]

Belimo Capital Markets Day 2024: Targeting Growth Hotspots
Belimo, a listed company on the Swiss Stock Exchange, hosted its Capital Markets Day 2024 on 4th September 2024. This Research Note focuses on the building automation device manufacturer’s perspective on its growth targets. This is an update to our previous coverage of Belimo’s growth strategy and our latest Examined article. At Capital Market Day […]

Haltian IoT Business & 2023 Financials Examined
In this Research Note, we examine Haltian, the Finnish developer of IoT hardware and software solutions for the built environment. This analysis, updating our June 2022 article on Haltian, focuses on the company’s recently launched products and solutions, its financial performance between 2020 and 2023, funding, and deployments. Founded in 2012, they are headquartered in […]

10 Notable Strategic Investments in the Smart Buildings Space in 2023
This Research Note reviews strategic investments in the smart buildings space over the last 12 months. A diverse range of corporate stakeholders – commercial real estate service firms, building owners and operators, vendors of building automation systems and HVAC equipment firms – have continued to fund startups with innovative technology platforms and business models. Investments […]

Honeywell Strategy Update: Building Automation Business Acquires Carrier’s Global Access Solutions
On 10th October 2023, Honeywell announced plans to realign its business segments around three megatrends: automation, the future of aviation, and energy transition. This Research Note focuses on what this means for the smart buildings market. The US conglomerate’s perspective for organic and inorganic growth was further highlighted on a 1st December webcast, together with […]

How have Tech Job Losses Impacted the Smart Buildings Space? Part 1: BIoT Platforms
In this Research Note, we examine trends in job losses in the smart buildings startup space. The analysis is based on LinkedIn headcount reduction data over the past two years and our own compilation of statistics relating to startups undergoing redundancies, restructuring and downsizing. We have highlighted 8 examples of job losses in the BIoT […]

Siemens Buildings Business & 2022 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 press conference, earnings release, investor presentations of 17th November 2022 and building technology-related activities throughout the year. SI revenue growth is being led by strength in the Electrical Products business, which reported […]

Mobotix Repositions Video Surveillance Business & Updates Strategy
In this Research Note, we examine the Mobotix video surveillance business, based on their 2020/2021 Annual Report, 2022 business strategy and Memoori market analysis. Founded in 1999, Mobotix AG is a specialist manufacturer of IP network video cameras, based in Winnweiler-Langmeil, Germany, and listed on the Frankfurt Stock Exchange. The company is a subsidiary of Konica Minolta, […]