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Smart LED Lighting Company Digital Lumens Bags $23m in VC Funding… Whilst Samsung Gets Cold Feet

Digital Lumens, founded in Boston in 2008, just secured another $23m in Series C VC Investment. Investors in this round included Goldman Sachs, Stata Venture Partners, Flybridge Capital Partners, Black Coral Capital, Aster Capital & Nokia Growth Partners. They have now raise...

Will Building Owners & Operators get a Return on their Internet of Things Investments?

The terminology “The Internet of Things” (IoT) was coined by MIT’s Kevin Ashton around 20 years ago but only more recently has it become a subject of immense interest to the building services industry and their customers; the owners and operators of smart buildings. So wher...

The Global Market for the Internet of Things in Smart Buildings will Rise to over $85Bn by 2020

Memoori’s new research report is an objective assessment of the market for Internet of Things Technologies, Networks and Services in Buildings 2014 to 2020. http://www.memoori.com/portfolio/internet-things-smart-buildings-2014-2020 Overall connectivity penetration rates acr...

Echelon Goes “All In” on Internet of Things (IoT), but will the Strategy Work?

With the announcement last week that Echelon has completed the sale of its Smart Grid Division, the company are now “All In” on the Industrial Internet of Things. This move to focus their efforts is in tune with others in Silicon Valley, such as the recently announced Paypal ...

The Lighting Industry Needs to Redefine Business Models to Deliver Growth Against Disruptive Challengers

During the last 6 months Memoori has published 3 reports on the lighting industry in Smart Buildings covering LED Lighting, Networked Lighting Controls and Wireless Lighting Controls; all of which are now enabling the first stage of development of IoT technology in buildings. Col...