One Quarter of Millennials Have Begun Building Smart Homes and Four-in-Ten Want One, According to The NPD Group

Millennials are on the road to building smarter homes. According to The NPD Group Connected Intelligence Home Automation Advisory Service, Millennials are twice as likely as the total population to have a smart home product installed in their residence. The array of smart home products evaluated include network connected security and monitoring devices, sensors, system controllers, smart lighting, power, and appliances. One-in-four Millennials (23 percent) already installed at least one of these products in their homes, compared to 12 percent of the total population. Millennials will continue to drive the growth in this market as four-in-ten (41 percent) of this age group are already aware of and interested in owning smart home products. A key factor that is driving this early growth is that the smart home market is no longer just for home owners. Renters are as likely as home owners to have smart home products installed, and are three times more likely to be part of the millennial age group. More than a third of renters are between the ages of 18-34. “Today’s smart home products no longer require professional installation and ongoing subscriptions, many are now plug-and-play options,” said John Buffone, executive director, Connected Intelligence. “The product mix such as smart cameras, lights, and plugs, fits the lifestyle of both home owners and renters which opens up a larger, younger and more tech-savvy consumer market.”

How Internet Outages Can Affect Homes With Smart Home Technology

One way to mitigate the risk of outages at all might be the selection of a smart home solution, which keeps a local version of the cloud software on the hub.

Using This Draper Screen IS Brain Surgery

This room allows our doctors to see imaging in High Definition-1920 x 1280-allowing them to see patient films such as CT scans, MRIs, and angios, not only together, but in a super clear and large format.

With layoffs at Leeo and Wink for sale, is the smart home crumbling?

by Stacey Higginbotham for Fortune:  Early adopters, venture capitalists and entrepreneurs have bought into the idea of a smart home, but mainstream consumers haven’t. Leeo, a company that makes a connected nightlight that doubles as a smoke detector for the mobile era and has raised $37 million in funding, laid off about 30% of its staff Wednesday. Earlier this month, we reported that product manufacturing shop Quirky was unwilling to support its home hub software company Wink and it has put it up for sale, according to sources. Meanwhile, a home automation management device built by startup Ninja Blocks failed to raise funding and shut down. Smart home startups like Goji and Plum are so late to market with their products that supporters who gave them money through their crowd-funding campaigns have given up on them. Goji’s smart lock was supposed to ship 18 months ago. Now the company is only shipping a small number of locks and plans to fulfill all other orders by August. Plum, a connected Wi-Fi light switch maker founded by the former head of CEDIA, the trade association for professional home automation installers, announced its product in early 2013 and plans to ship later this year. They were supposed to be ready in August 2013. With $454 million invested in connected home companies last year, there is plenty of money riding on the smart home. According to CB Insights data, smart home startups took in a little over $1 billion in funding between 2012 and 2014.   Cont'd...

Nest Has Released a Better Dropcam Called Nest Cam

Nest, the prized home automation company acquired by Google, is showing off its own acquisitions. It’s another indication that the five-year-old company, led by its ambitious CEO Tony Fadell, is trying to cement itself as the leader of the emerging connected device industry and sell itself as autonomous from its big parent. At a press event in San Francisco on Wednesday, Nest announced its third product, Nest Cam, a wireless home camera retailing for $199, joining its digital thermostat and smoke detector. Along with the new camera, Nest announced its own cloud service called Nest Aware, a $10-per-month subscription service that lets you store footage captured with the camera. The new Nest Cam captures video in 1080p HD, is supposedly simpler to set up and boasts advanced low-light video-capture capabilities. Nest also unfurled several software and product flourishes for its Internet-connected flagship products, the Nest Learning Thermostat and Nest Protect smoke detector. Full Article:

InfoComm 2015 Tradeshow Report

For well over a decade HomeToys.com has been covering InfoComm and bringing all the industry news and exciting new products to our eMagazine to help our readers make sense of the massive event. Here we have compiled a list of some new product releases from this years show.

Alarm.com sets terms for $98 million IPO

Alarm.com Holdings, a cloud-connected home security and energy platform with 2.3 million subscribers, announced terms for its IPO on Monday.  The Vienna, VA-based company plans to raise $98 million by offering 7 million shares at a price range of $13 to $15. At the midpoint of the proposed range, Alarm.com would command a fully diluted market value of $669 million.  Alarm.com, which was founded in 2000 and booked $176 million in sales for the 12 months ended March 31, 2015, plans to list on the NASDAQ under the symbol ALRM. Goldman Sachs, Credit Suisse and BofA Merrill Lynch are the joint bookrunners on the deal. It is expected to price during the week of June 22, 2015.

Wide Color Gamut Displays Bring Opportunity and Some Concerns

Color perception is not just affected by narrow primaries. It can happen in conventional displays with seemingly conventional images. A good example was the infamous "blue dress" that some thought was white with gold trim.

Google Nest Labs' New Home Security Camera Revealed

Google Inc.’s GOOGL Nest Labs is gearing up to release a wireless home security camera to expand its range of "Internet of Things" (IoT) product lineup. The information became public through leaked images on U.S. website Droid-Life. The revelation comes a week before Nest’s press conference on Jun 17 in London and San Francisco, CA, where it is slated to unveil the next-generation of the wireless camera Dropcam, called the Nest Cam. Droid Life noted that Nest and Google have been testing the new camera for some months now. The images reveal that the camera looks similar to a Dropcam, which Nest Labs acquired in June last year for $555 million in cash. Dropcam is a video-monitoring and Internet home security camera maker. Nest Cam is the latest development of Google’s Nest brand since it acquired the home automation startup in Jan 2014 for $3.2 billion. Nest Labs focuses on offering simple and aesthetically pleasing hardware, software and services, like the Nest Learning Thermostat, Nest Energy Services and Nest Protect: Smoke + Carbon Monoxide.

Infocomm 2015 - Special News Report

News announcements from the show. You are welcome to post your company Infocomm news here too.

In The U.S. Smart Home Market, Don't Rule Out China

Jim Kim for TechCrunch:  The smart home industry won’t be advanced by throwing as many sensors into a device as possible or creating a robot controlled by voice commands. Similarly, the industry isn’t waiting for a breakthrough technological advance to finally achieve its potential. The technologies essential to developing smart home products — Bluetooth and product sensors that make up the Internet of Things — aren’t new; they’ve been around for decades. To establish market dominance, companies must develop ecosystems or a unified platform of elegant user experiences to enable the convergence of the full range of smart devices. Asian consumer electronics companies, especially recent Chinese wunderkinds such as Xiaomi have been building a tremendous production advantage based on three key elements: engineering, manufacturing and massive scale. With rapid innovation cycles that produce high-quality, low-priced goods, Chinese companies have the scale and consumer base to set the standard for interoperability — possibly before they even enter the U.S. smart home market. U.S. companies that want to thrive should redouble their efforts in providing products with real utility to the customer while closely monitoring the progress of Chinese companies. Their very survival could depend on it. 

HomeToys Related Kickstarter Projects - June 2015

Here are some crowd funding projects of interest.

Putting Drones to Work in Pro AV

Who wouldn't want to program the path of a drone and stream its 4K footage to their mobile device?

June Seeks to Change the Kitchen for the Home Cook

Today, the team behind such technologies and products as the iPhone, Apple Watch, GoPro and FitBit have announced the June Intelligent Oven — a powerful and easy-to-use computer-based countertop oven designed to bring the kitchen into the smart home era and make everyone a better cook.  June combines professional-grade technology with a powerful quad-core processor, built-in camera, sensors and Internet connectivity to take out the guesswork of making perfectly cooked foods. The result is the world's most intelligent oven, and the next evolution in cooking for the digital age.  June has raised $7 million in Series A funding led by Foundry Group, First Round Capital, Lerer Ventures, and Founders Fund Angel to accelerate product development, manufacturing, and recruiting. 

Perception vs. Reality: A Sound Conundrum

In the final analysis, what we hear, how we perceive and evaluate it is such a unique combination of quantitative and subjective inputs that coming to any agreement on what perfect sound is, is nearly an impossible undertaking.

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