Joseph Palenchar for TWICE: Smart-home suppliers are positioning themselves to get the most out of the market’s growth potential by expanding system capabilities, entering new niches and expanding their product selections.
Companies are also making their products more attractive to consumers by making them interoperable with other suppliers’ products.
The growth potential was underscored by a Parks Associates survey that found almost 20 percent of U.S. broadband households own at least one smart-home device, and a lot more consumers want them. About 49 percent of all broadband households plan to buy a smart-home product in the next 12 months, Parks found. Among consumers who own a security system, that percentage jumps to 65 percent.
“Security households, rather than being content with their current system, have a proclivity to add more smart features to their home,” said Parks president Stuart Sikes.
Here’s what suppliers are doing to leverage demand: Full Article:
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Christian de Looper for DigitalTrends: The concept of the smart home is well and truly taking off, however there are a few things still holding it back. The smart home hub, for example, is still finding its place — we’ve seen the TV and other devices used used as a hub, but no market consensus has been reached. Not only that, but the more privacy-conscious among us are concerned about the fact that smarthome hubs are constantly beaming your own personal data to and from the cloud.
Zoe, from a company called Protonet, is aimed at changing that.
Zoe is designed to serve as the center for your smart home. The hub itself bears a simple design that can be customized to fit your décor. It is also aimed at being able to connect to every smart home product you might buy, supporting Wi-Fi, Bluetooth, Z-Wave, and even devices that connect through the cloud. Cont'd...
Taylor Soper for GeekWire: Seattle-based Deako has raised $1.8 million to help fuel growth of its smart-home light switch product.
The 15-person company raised the fresh cash from a mix of angel investors and micro-VCs, and has reeled in $3.3 million to date. It develops simple switches that let people control lights in their house by either touch or a smartphone app.
Deako’s customers are not home-buyers but rather home-builders and their electricians, who install the product in new homes.
“It’s difficult for people to swap out their existing bulbs,” Deako CEO and co-founder Derek Richardson told GeekWire. “We thought it would be best if a home or apartment already has our product when they move in. Our vision is that everyone should be able to benefit from a smart-home, and the best way to do that is for products to be pre-installed when you move in.”
Richardson said the idea to launch Deako about one year ago came about after he bought a new house and needed to swap out the light switches. He did research around in-home smart lighting and “everything was ugly, expensive, and complicated.” Cont'd...
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