Smart Buildings

Why Big Oil is Investing in Clean Energy & Smart Buildings

The statistic that 40% of energy consumption comes from buildings is well-used when highlighting the much-needed work of energy optimization solutions. However, on the other side of that coin is the fact that buildings, especially inefficient buildings, are the energy industry’s biggest customer group. Consequently, the thought of “big oil” supporting the growing energy management industry, which strives to reduce energy consumption through better efficiency, is a little surprising. Recent investments from oil giant BP suggest that energy efficiency might have gained an unexpected supporter. In July 2018, BP’s venture capital branch BP Ventures invested £1.5 million in London-based electricity data intelligence company Voltware, which provides sensors and an AI-based electricity data intelligence platform specializing in energy disaggregation and energy-saving advice. Then, in October 2019, BP Ventures led a Series A funding round for Grid Edge, another developer of AI technology but one that focuses specifically on predicting, controlling and optimizing the energy profile of […]

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Delta Electronics 2025
Smart Buildings

Delta Electronics Building Automation: Key Insights in 2025

In this Research Note, we examine the building automation business of Delta Electronics, a Taiwanese public company. We review the current brand offerings, financial highlights, a recent significant deployment, and provide a Memoori view of this second-tier player, building on our coverage of their strategy last year. Building Automation Brands The building automation business has […]

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Security

Securitas Technology Achieves $5.7B Revenue Accounting for 33% of Group 2024

This Research Note examines the electronic security business of Securitas, rebranded as Securitas Technology, based on investor presentations and their 2024 annual report.  This article highlights the financial performance and progress of the business in integrating the STANLEY Security acquisition and repositioning the group as a technology-based supplier of integrated solutions in higher growth markets. […]

MRI Software IPO Sale 2025
Smart Buildings

MRI Software: Exploring the 2025 IPO & Sale Options

This Research Note examines a report from Reuters that MRI Software is to be listed in an IPO or sold. We explore the development of the business over the last 10 years, since it was acquired by private equity owners, highlight their software acquisitions for commercial real estate applications addressing integrated workplace management, tenant experience […]

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