Fast Company: The company's device-subscription packages are opening the door to the connected home of the future.
"We’re taking what’s very complicated and simplifying it for the consumer," says Vivint Smart Home cofounder and CEO Todd Pedersen. The Provo, Utah–based company solves the most common problems with intelligent appliances—namely that they’re often difficult to set up and don’t play nice with any other internet-connected devices—by approaching smart-home technology as a subscription-based service.
A lot of companies develop a single product, Pedersen says, "but if you try to add additional services and products to your home, they’re completely uncoordinated." Instead, Vivint’s 1.2 million customers sign up for packages that include the installation of hardware (both its own and that of other companies, such as Nest); 24/7 tech support; repair services; and the seamless coordination of everything—from doorbell cameras to thermostats—via the Vivint app. Last year, this strategy increased annual revenue by roughly 15%, to more than $650 million. Cont'd...
According to global information provider, The NPD Group, annual 2016 U.S. dollar sales of home automation products experienced growth of 57 percent versus 2015. Security and monitoring products continued to lead the category, making-up over 60 percent of dollar share. Smart entry devices, such as smart doorbells, saw an increase in dollar and unit sales of 171 percent and 206 percent, respectively, when compared to the year prior, according to NPD's Retail Tracking Service.
While awareness levels of many smart home devices have fluctuated, smart doorbells are an item within the smart entry space that saw growing awareness and ownership. Smart doorbell awareness increased four percentage points, and ownership increased two percentage points, according to the Connected Home Automation Report from NPD's Connected Intelligence.
Networked video cameras continue to be the most common component of today's smart home, as nearly one-third of smart homes have this feature installed. In fact, over the last year consumer demand for multi-packs of IP cameras has increased 129 percent in U.S. dollar sales versus 2015*. Full Press Release:
TheHardwareCity.com Expands the Smart Home Controller Product Line with Leviton Z-Wave Enabled Universal Dimmer Switches
45% of U.S. broadband households are very concerned about unauthorized access regarding smart home devices
Neil Hughes for AppleInsider: During his company's quarterly earnings conference call on Tuesday, Cook revealed to analysts and the media that he has integrated HomeKit products, and the iOS 10 Home app, into his home routine.
"This level of home automation was unimaginable just a few years ago, and it's here today with iOS and HomeKit," he said.
While Cook didn't single out any accessories or products in detailing his routine, Apple's secure authentication for HomeKit gives the company strict control over approved accessories, providing consumers with a relatively small set of options. As of the end of 2016, there were about 100 HomeKit-compatible products available.
As such, we can likely narrow down the HomeKit accessories Cook is using in his own home. Here are our recommendations on how you can get a HomeKit experience on par with the head of Apple. Cont'd...
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