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February 18th, 2023
Honeywell Building Technologies 2022 Business & Growth Strategy Examined
In this Research Note, we examine the Building Technologies business of Honeywell, based on their 2022 10K Report, investor presentations and building technology-related activities throughout 2022. The growth strategies of the division in sustainability and public safety emergency communications are also highlighted. Honeywell Building Technologies is a global provider of products, software, solutions, and technologies […]

The Top 20 Smart Building Startups by Total Funding
Our new research discloses the highest-funded startups in the smart buildings space in the last two years. All of these companies each attracted over $220 million in total disclosed funding. Since 2015, total capital invested in startups in the global smart building space amounted to over $31 Billion. In the last 2 years (which are the […]

Startup Acquisition Activity Remains Resilient in the Smart Buildings Space
Strategic acquisitions are enabling leading players across the smart buildings market to augment their technology offerings with bolt-on startup acquisitions in several areas and increase their focus on software solutions. This forms part of a 2 pronged strategy to mitigate the risk of market disruption, with leading players (and increasingly private equity firms) taking majority […]

Exploring the Long-Term Impacts of COVID on Physical Security
The world has changed. The once-in-a-century pandemic that we have been consumed with for the past 3-years has changed several aspects of the way we live and work. COVID has changed the way that industries operate and the way that businesses think. All this has had a transformative impact on real estate and the development […]

Funding for Smart Building Startups Reached $5.9 Billion in 2022
Our new research delves into the investment from venture capital, private equity and corporate backers for smart building startups. Since 2015, total capital invested in startups in the global smart building space amounted to over $31 Billion. In the last 2 years (which are the focus of this report) it reached unprecedented levels with $5.9 […]

Building Resilience in the Physical Security Supply Chain
The escalation of coronavirus cases in China has reminded technology markets around the world that the supply chain challenges of recent years may last longer than expected. The pandemic is not the only disruption and many in the smart buildings and physical security industries are being forced to reconsider their approach to supply chain resilience […]

Funding in the Smart Buildings Space Declined 11% in 2022
This Research Note highlights our analysis of funding levels raised by smart building established players and startups in 2022 from venture capital firms, private equity and strategic investors. Memoori has seen an 11% decrease in investment values compared to the record level of over $12 billion in 2021. Investment in the smart buildings space in […]

Will Smart Building Vendor “Restructuring” Continue into 2023?
We have been keeping track of the notable layoffs and bankruptcies in 2022. The table below highlights 15 companies that have cut staff or closed last year. These are certainly not the only companies cutting costs and reducing personnel. However, it is apparent that even though the commercial smart building space has not been immune […]