Aaron Tilley for Forbes: At an event on Thursday afternoon, Target will unveil what it calls the Target Open House, a 3,500-square-foot retail space located in San Francisco’s Metreon shopping center with a house inside made of transparent walls and furniture. The transparent house is packed full of smart home gadgets.
More than 30 devices are placed around this demonstration house, including smart home gadgets like the August smart lock, the Nest learning thermostat and Sonos wireless speakers. But not all the devices are related to the home – Jawbone and Fitbit fitness trackers will also be present.
The space is focused on showing consumers what all these products do and how they can work together. Target is using an app called Yonomi, which syncs up connected devices together in the cloud, to get them talking to each other. For example, a baby monitor could detect if a baby starts stirring in a crib and could tell the Sonos speakers to play ambient background noise to soothe the baby back to sleep.
Although it is a retail spot, Target wants the space to also be used for local smart home entrepreneurs to meet up, do product demos and give talks. Cont'd...
Somfy Introduces Ultra Quiet and Powerful Sonesse ULTRA 50 AC Motor for Residential and Commercial Shading Solutions
BY JOEL GRIFFIN: There was a time in the residential security market when having home automation features to go along with window and door contacts and motion detectors was simply a “nice to have” rather than a “must have” offering. The industry has evolved to the point, however, where even the term “home automation” is passé, having given way to the more commonly used terminology of “connected home” or “smart home” space in which security is part of much bigger overall solution for today’s homeowners.
The growing prevalence of this technology was further reinforced late last month when Alarm.com, one of the dominant players in the smart home space, launched an initial public offering on the NASDAQ.
According to John Mack, executive vice president, co-head of investment banking and head of mergers & acquisitions at Imperial Capital, which acted as a co-manager on the offering, the IPO serves as a “strong validation” for this paradigm shift that has taken place with regards to the integration of home security with automation and where the market could eventually go.
“I think it is very important for the overall security alarm industry to see what has really been the leading player in home automation software and has really played a key role in enabling the home automation side of this industry to be able to go public at a very attractive valuation and get a lot of very positive attention from the best of the investment community,” explained Mack. “A lot of the validation that came with a big valuation for Alarm.com is effectively a view of the potential for the whole industry.” Cont'd...
Tim Hornyak, IDG News Service: Struggling electronics maker Sony has moved further into the crowdfunding scene by starting its own platform to raise funds for internally generated business ideas, including a new universal remote control with an electronic paper interface.
Launched Wednesday, First Flight is a crowdfunding and e-commerce platform designed to take product proposals from the ideas to sales. It’s only available in Japanese and is limited to Sony’s in-house projects.
First Flight has three stages, a teaser stage, in which new ideas can be previewed and discussed, followed by crowdfunding and e-commerce.
“One of the strengths and aims of First Flight is to facilitate ongoing dialogue with customers from initial development through to market introduction, by seamlessly connecting each phase from previewing and crowd funding to e-commerce,” a Sony spokeswoman said. Cont'd...
Icontrol Networks Announces Cloud Analytics Initiative to Bring Automated Intelligence to Smart Home Platforms
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