Greenwave's AXON Platform to Seamlessly Integrate Mobile IoT and Residential IoT into a Managed Service
David Bolton for ConnectedWorld: App developers who are already invested in the Internet of Things are more likely to build apps for the smart home over other usages.
A recent report by VisionMobile [PDF] said that out of the 4.5 million people identified as IoT developers in 2015, 1.4 million were focused on smart home apps. According to VisionMobile’s IoT Megatrends 2016 report, there are seven distinct IoT areas that app developers work in—smart home, retail, industrial, wearables, smart city, medical and connected car—with the opportunities offered by connected homes a clear favorite.
Retail IoT apps, wearables and industrial versions attract around one million app developers each, while the connected car is of interest to 700,000 people. People have become used to the concept of IoT and recent research by Gartner said that there could be as many as 700 million smart homes by 2020. Cont'd...
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...
Joseph Bernstein for BuzzFeed News: Sense is a smart router combined with software that sits on top of and monitors all of the connected devices in your house. It reads all the traffic coming into those devices in real time and analyzes it using F-Secure’s cloud security network, “an analytics engine and information repository for malware and a variety of other digital threats.”
When Sense detects unwanted or malicious traffic — say, a botnet trying to connect to your smart television — it simply blocks it.
By drawing all of the IoT devices in the home into one protected network, Sense presents a remarkably elegant solution to a problem the cybersecurity world has been worrying about for a long time. Cont'd...
MICHAEL DE WAAL-MONTGOMERY for VentureBeat: Populous countries in Asia Pacific — most notably China and India — are leading a nearly $3 trillion boom in the consumer electronics market between now and 2020, with smart home devices growing the fastest of any segment, according to a new report by Future Market Insights that came out Thursday.
Top players in the space include Apple (with its new Apple TV push), Samsung (with its SmartThings Hub announced earlier this year), HP (which just split into two companies this month), LG, Sony, Toshiba, Panasonic, and Hitachi.
Basically, we’re talking about any smart device (so most likely Internet-connected) that makes life easier for the average consumer in their home.
Nest’s smart thermostat and smoke detector are probably classic examples of the segment, which the report says is growing at a compound annual growth rate (CAGR) of 23 percent. Cont'd...
By Stijn Schuermans for Vision Mobile: While today’s Smart Home developers are plentiful, the vast majority of them are not pushing to develop the market.
Out of all Smart Home developers, 70% are involved in the Internet of Things as a hobby or a side project. Only 30% are doing IoT in a professional capacity. When we look at the goals and motivations of Smart Home developers, this picture becomes even clearer. More than a third of Smart Home developers (36%) are Hobbyists, primarily interested in building solutions for themselves. Another third (32%) are Explorers who are learning the ins and outs of IoT.
For Hobbyists in particular, Smart Home is an attractive choice: 57% of Hobbyists choose Smart Home, versus only 37% of non-Hobbyist IoT developers, a 20 percentage point (pp) difference. On the other hand, professional Guns for Hire working on commission (-10 pp), Gold Seekers hoping to strike VC money (-11 pp), Optimizers aiming for efficiency gains (-18pp) and Data Brokers selling repackaged data (-18 pp) seem to shun the Smart Home.
In short, 7 in 10 developers, significantly more than in other IoT verticals, are building solutions for their own benefit first, not yours or mine. Cont'd...
Bruce Lancaster, Logitech to Keynote at the Internet of Things Summit "Big Data & The Rise of the Interconnected World"
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