Willow

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 […]

Willow, the Australian provider of digital twin solutions for infrastructure and real estate, lays off 99 staff, 22% of its workforce on 24th December 2022, following a recent recalibration of company strategy. 72 full-time employees as well as 27 contractors have been laid off, with Australian employees reported to account for around 50% of the […]

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. While the benefits of Digital Twin solutions have been seen in pilot projects, this early adopter phase has yet to fully deliver on the promise of improved outcomes for commercial buildings.  This was the conclusion of our 2020 article on Early Innovators at the Forefront of […]

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Digital Twins, virtual models of a process, product or service that allow for data analysis and system monitoring via simulations, are playing an increasing role in IoT and digital transformation in buildings. Projects today span multiple building sectors, including commercial real estate, retail, […]