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...
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...
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Amazon providing Alexa Fund investment to Columbus-based startup Garageio to completely automate your garage
2015 State of the Smart Home Report Reveals Seeing is Believing, Smart Home Mass Adoption to be Led by Familiar Connected Products with Obvious Benefits
By Benny Evangelista for SF Gate: Sears is trying to connect with the Bay Area’s tech-savvy crowd with a smart home device showroom in its San Bruno store.
The retail chain opened a 4,000-square-foot Connected Solutions showroom in its Tanforan mall outlet this week, giving customers an Apple Store-style experience with more than 100 smart home gadgets, from video doorbells to Internet-connected garage door openers and light bulbs.
Sears is also building smaller showrooms with about half the number of products in 200 stores around the country. But Sears wanted to plant its flagship showroom near Silicon Valley.
By Howard Whitman for Dealerscope: Electrical and digital building infrastructure specialist Legrand has unveiled Intuity, its new home automation platform specifically developed for homebuilders.
According to the company’s announcement, Intuity was created to give “production homebuilders and installers serving the mainstream housing market a cost-effective, modular and repeatable solution for controlling entertainment, security and comfort within a home.”
“Homeowners today expect connectivity and control in new homes,” stated Legrand VP & General Manager for its On-Q and NuVo lines Fritz Werder. “Most new homebuyers are making home automation a priority. Intuity gives builders a unique, easy-to-install platform that meets buyer expectations without delaying the building process.”
Werder said Intuity was created to provide homebuilders with a modular, easy-to-sell home ecosystem that would support homeowners’ most-requested home technologies. Cont'd...
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