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CTA Study: The increasing use of home automation technology through the Internet of Things (IoT) has the potential for substantial energy savings and greenhouse gas emissions reductions, according to a new study released by the Consumer Technology Association (CTA)™.
The study, The Energy Savings Potential of Home Automation Technology, finds that widespread adoption of home automation products such as temperature, circuit, and lighting control, if used for energy savings purposes, could collectively avoid up to 100 million tons of CO2 emissions and reduce total residential primary energy consumption by as much as 10 percent — savings that are more than consumer electronics’ share of residential primary energy consumption (8.4 percent), according to a separate CTA study.
CTA’s new study reports the overall U.S. technical energy savings potential from several individual approaches ranges from 0.3 to 1.1 quadrillion Btu (quads) of primary energy consumption, or from 1 to 5 percent of total residential primary energy consumption. The study’s findings, which represent the best current estimates of achievable savings, highlight several areas where home automation could deliver energy savings, including connected thermostats, HVAC zoning, and control of window shades, circuits, and lighting. Cont'd...
Annual Revenue for Communicating and Smart Thermostats is Expected to Reach $4.4 Billion in 2025, According to Navigant Research
Alexandra Gheorghe for MacWorld: Growth in the consumer market for Internet of Things gadgets is accelerating at an impressive speed, and forecasters predict 25 billion devices will be online by 2020. Thus, users can choose from a wide array of products available on the market.
On Amazon.com, for instance, around 400 search results relate to smart thermostats. But which product is best? After filtering the huge list by price and reviews, you are left with a handful of good options. Maybe some are more visually appealing than others, so, you select those that fit the aesthetics of your home. But where does security fit in? Is it among your top three selection criteria?
Unfortunately, most users prefer convenience over security. This known tradeoff is also partially due to the lack of standardization. There is no “security star” rating for consumer IoT devices. Needless to say, most consumers don’t have the tools and skills needed to differentiate products based on their security posture.
Such a system seems difficult to implement at this stage of IoT development. Cont'd...
A new approach to the smart home is just around the corner as LinkBee raises $6 million in seed round
Control4 Named Top Company in the Annual CE Pro 100 Brand Analysis for Whole-House Automation and Control
InfoComm - D-Tools Manufacturer Vantage Point (MVP) Partners Showcase Innovative Solutions at InfoComm 2016
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