North America
KODE Labs Smart Buildings Business Examined
February 26th, 2024Budderfly Energy Efficiency as a Service Business Examined
January 3rd, 2024Occupancy Data Reveals Huge Waste in Federal Buildings Portfolio
“Alarming”, “not sustainable”, and “not fiscally responsible” were just a few of the reactions by Committee chairman Sen. Tom Carper to a recent Government Accountability Office (GAO) report that has revealed huge wastes in the federal government’s huge nationwide real estate portfolio. The GAO study found that 17 of 24 agencies sampled were using as […]
Daikin Strengthens HVAC Controls Business in North America
In this Research Note, we examine Daikin, the Japanese headquartered air conditioning manufacturer, based on their Integrated Report, year ending 31 March 2023 and the group’s recent strategy in North America to strengthen its HVAC controls support and service business. Daikin Industries Ltd, is the global No. 1 air conditioning manufacturer, with over 96,000 employees, […]
US-China Trade Tensions Driving Video Surveillance Market Bifurcation
Geopolitical tensions between the United States and China have continued to escalate in recent years, resulting in a series of tit-for-tat legislative actions aimed at restricting access to each other’s markets. These actions have especially impacted the video surveillance market, with the US government banning products from major Chinese manufacturers and Chinese firms developing alternatives […]
Stem Behind-The-Meter Energy Storage Business and Financials Examined
In this Research Note, we examine Stem, the first pure-play smart energy storage company to go public in the US. This article is based on their 2022 annual results, 10K Report, investor presentations and previous analysis. Founded in 2009, Stem is an energy storage company that offers commercial and industrial (C&I) customers a complete solution […]
Nostromo Behind-The-Meter Energy Storage Business Examined
In this Research Note, we examine Nostromo, the Israeli public company developing Behind-the-Meter thermal energy storage solutions for commercial buildings. Founded in 2017, Nostromo Energy is a developer of sustainable energy storage and energy demand management solutions for commercial buildings that use chiller-based air conditioning. The system is based on proprietary IceBrick encapsulated ice cells […]
Bemsiq Building Automation Business & Financials Examined
In this Research Note, we examine the Bemsiq AB business, based on their 2023 Group Overview, investor presentations, annual report of their parent company and the development of their buy and build strategy. Bemsiq, with headquarters in Gothenburg, Sweden, consists of a group of 7 companies and 511 employees providing building automation field devices including […]
US Smart Lighting Solution Provider Igor Tech Closes Down
This Research Note examines the closure of Igor Inc, the smart lighting solution provider. Founded in 2013, West Des Moines, Iowa-based Igor Inc., was the provider of Nexos, a Power-over-Ethernet (PoE) based IoT smart building platform that incorporated hardware, software and cloud analytics to enable smart buildings. The platform was positioned to enable non-electricians to […]
Workplace Experience Apps Emerge Across the Global Office Market
Apps have become so integrated into our daily lives over the past 15 years it is easy to forget what life was like before them or underestimate the influence they have today. Apps have quickly moved beyond the games, media, and social purposes that dominated early years to take on critical aspects in our lives, […]