Jared Newman for FastCompany: For the last nine years, Ecobee hasn't strayed from being a maker of smart thermostats.
Unlike rival Nest, Ecobee never built its own smart home platform, and hasn't expanded into new product categories. The $170 Ecobee3 Lite, announced last week, is the company's first new hardware in two years, and it's just a budget variant of the existing Ecobee3, ditching room sensor support while knocking down the price by $80.
So far, the singular focus has served Toronto-based Ecobee well. Thermostats are the most popular type of self-installed smart home devices, according to The NPD Group, and Ecobee—whose revenues have been doubling every year—is not far behind Nest in sales. Ecobee hopes to reach first place in 2017. Cont'd...
Chuck Martin for IoTDaily: Any consumers who go shopping specifically for a smart, connected home device this holiday season are going to face a bewildering assortment.
The number of products ranging from smart appliances and home control systems to smart security systems and streaming media devices is now in the thousands at Best Buy alone, according to a new study.
The study on consumer attitudes toward smart appliances is based on a nationally representative sample of 1,000 consumers each in the U.S., U.K., France and Germany, conducted by Futuresource Consulting.
Researchers counted more than 3,000 connected home devices being sold at Best Buy. The tally provides a general idea of the largest and smallest categories. Cont'd...
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