Consumers Aren't Buying the Smart Home, But Insurers Are

By Stacey Higginbotham for Fortune:  The industry has stalled. But while consumers are scratching their heads, property and casualty insurers have been testing connected doorbells, water sensors, smoke detectors and dozens of other devices. On the life insurance side, wearables and other devices are also in the R&D labs, although that’s less of a focus for this story, since consumers have tended to adopt wearables more readily than the connected home concept. On the P&C side, State Farm is launching a program that will give an all-in one connected security device called the Canary to first responders soon. Last month, American Family created an innovative program with connected doorbell provider Ring, that offered customers a discount if they bought the device, but also would reimburse your deductible if someone managed to break in. American Family also subsidizes the cost of a Nest Protect smoke alarm. USAA has backed a connected car startup called Automatic, while Progressive  PGR 0.10%  has already teamed up with Zubie, another connected car device maker, to deliver discounts on auto insurance for drivers who share data. For insurance firms, the decision to back these startups can range from helping to prevent losses, which can boost profits, and helping make the insurer a more positive and proactive presence in people’s lives. Ryan Ryst, director of innovation at American Family, says that in creating programs around connected devices, an insurance company has a chance to remind people that insurers are acting to protect policy holders.   Cont'd...

CES 2016 - Oomi by Fantem Receives Award for Their Innovative Approach to Smart Home

The CES 2016 Innovation Awards Honoree can be seen at CES in Las Vegas and Target Open House in San Francisco

Kickstarter - Tailwind Launches Tech Gadget for Smart Home Automation on Kickstarter

The Tailwind project is now live on the popular crowd funding website Kickstarter with a goal of raising $125,000.

Smart Home Technology from Vivint Helps Parents Keep Tabs on Kids When Home Alone

Vivint offers safety and well-being for the more than 40 percent of U.S. children spending time home alone

Sengled Unveils Newest Smart Bulb Product: Element Touch

A smart bulb that can be controlled by touch or wirelessly via app or home controller

Kickstarter - Kasia, the first truly affordable and comprehensive home control solution, launches on Kickstarter today

Kasia is designed to be an affordable complete smart home solution as opposed to standalone smart home products that require separate apps.

Indiegogo - Reaches $1M Stretch Goal on Indiegogo, Donates Alpha 2 Robots to Research Institutions, Developers

UBTECH will select 10 robotic research institutions and developers to receive Alpha 2, the first humanoid robot for the family

Strong® Launches Newly Improved Racks, Now Stronger Than Before

SnapAV® launches their newly improved Strong Custom and Evolve rack series, redesigned based on dealer feedback

TiO Launches Full Orange Belt Training Course

Master the Art of TiO in the latest Ninja Training Program module

Tradeshow Whys: Marketing is Marketing, Tradeshows are… Something Else

By starting with a comprehensive event marketing plan, a trade show will no longer be viewed as an expense. It will be an investment.

A Celebration of Design and Luxury

As one of the world's most revered brands, Crestron is proud to announce an association with one of the most prestigious car clubs in history, the Rolls-Royce Enthusiasts' Club (RREC).

SecurityTronix Announces the Latest Installation Tool for HD over Coaxial Cable Surveillance Platforms.

"The ST-HDoC-TEST-MM is a solution for installers working with a variety of HDoC platforms."

Earth Networks WeatherBug Mobile App Now Integrates With Honeywell Lyric Smart Thermostat

WeatherBug's newest app release extends energy efficiency insights to a broader set of Honeywell smart thermostat customers

Home Automation Market Poised to Grow to US$ 21.0 Bn Globally by 2020

Zion Research has published a new report titled “Home Automation (Luxury, Mainstream, DIY (Do It Yourself) and Managed) Market by Networking Technology (Wired, Power-line, Computing Network and Wireless) for Lighting, Safety and security, HVAC, Entertainment and Other (Robotics and Heath care) Applications – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”. According to the report, global home automation market was valued at around USD 5.0 billion in 2014 and is expected to reach USD 21.0 billion in 2020, growing at a CAGR of around 25% between 2015 and 2020. Home automation is the residential extension of building automation. Home automation is all about automation of the home and household activity. Key aspects involved in home automation includes centralized control of lighting, HVAC (heating, ventilation and air conditioning), appliances, security locks of gates and doors and other systems, to provide improved convenience, comfort, energy efficiency and security. Home automation for the elderly and disabled can provide increased quality of life for persons who might otherwise depends upon someone else for their day to day activity.  Cont'd...

Vivint Doorbell Camera Wins Gold for Most Innovative Consumer Product of the Year in the Best in Biz Awards 2015

Win further distinguishes product's edge in smart home market

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