Asset Management
Siemens Buildings Business & FY 2023 Financials Examined
November 27th, 2023Eptura Workplace Technology and Software Business Examined
October 31st, 2023Acuity Brands Intelligent Spaces Group & FY2023 Financials Examined
In this Research Note, we examine the development of Acuity Brands Intelligent Spaces Group (ISG) and its 2023 financial results, y/e 31st August 2023. Our analysis is based on their 4th October 2023 presentation, analyst call and announcements throughout the fiscal year. This article updates our previous analysis published last year. While lighting makes up […]
Trane Augments Integrated Workplace Management Portfolio with Acquisition of Nuvolo
This Research Note examines what’s behind the bolt-on acquisition of Nuvolo, the workplace management software company announced this week by Trane Technologies, the US HVAC equipment firm. Trane is considered to be a competitive second-tier supplier in the world building controls market, behind Siemens, Honeywell, Johnson Controls and Schneider Electric. In a move which emulates […]
Occupancy Analytics Market Consolidation Continues into 2023
Our new report on Occupancy Analytics and In-Building Location-Based Services confirms that M&A activity in this space has seen an unprecedented rise since 2017 with a total of 151 acquisitions over the last 6 years. Buoyant M&A activity in Occupancy Analytics highlights the evolving market for digital solutions which support the need for space utilization […]
How Improved Stakeholder Collaboration Leads to More Effective Smart Buildings
A huge range of different parties have both a stake in and a role to play in the delivery of, successful smart building solutions across the life cycle of a building. Each of these stakeholders comes with its own unique set of priorities, goals, and key performance indicators (KPIs). Achieving successful outcomes as part of […]
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 […]
Thoma Bravo Leading Consolidation in the Hybrid Work Market
“With the proliferation of hybrid work, there is an unmet need for technology solutions that enable businesses to adapt to the changing needs of the workplace,” said Brandon Holden, former chief executive of iOffice + SpaceIQ. “When an employer gets their employees back into the office, they have to have an environment that’s creating a […]
Record Funding in Smart Buildings Sector with $5.1 Bn Invested in H1 2021
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Funding in the Smart Buildings sector is at an all-time high as H1 2021 deal values of over $5.1B surpassed the previous record by over 5% compared with H2 2018 ($4.9B) and by over 14% in H2 2020 ($4.5B). In terms of the number of transactions, Memoori […]
Is the Path to the Digital Twin Future of Buildings Paved By APIs?
A digital twin is a digital representation of a real-world entity or system. In the context of a building, digital twins express the location and characteristics of every wall, door, and window, but also every pipe, cable, and switch in a virtual model. In our increasingly smart buildings, digital twins must also mirror every system, […]