IHS: Smart home market to present challenges for security companies moving forward

SOURCE: SECURITYINFOWATCH.COM:  Security companies have played a pivotal role in the proliferation of smart home technology from the very beginning, however, these same firms will find themselves challenged in the coming years as several industry developments stand poised to disrupt the market’s status quo, according to a new research note from IHS Technology. “Moreover, security companies will be challenged in 2017, when UL-compliant Z-wave sensors hit the market. (UL has approved the latest Z-Wave protocol for UL 1023 compliance, which means Z-Wave detectors can soon be used for professional alarm installations.) This milestone is significant, because most existing intruder alarms use one-way radios operating at 300/400 megahertz (MHz),” wrote Blake Kozak, principal analyst at IHS Technology, in the research note. “In order to remain competitive in 2016 and 2017, dealers and service providers need to consider flexible billing models as well as DIY installation with professional monitoring.”   Cont'd...

Got an old phone? Make it into a home security camera.

Valentina Palladino for Ars Technica:  Smart security cameras are one of the easiest ways to start transforming your normal home into a connected home. Everyone knows about Alphabet's Nest cam, but there are plenty of other cameras to consider from companies including Samsung, D-Link, and Canary. However, you don't have to drop $200 on a bulbous eye-looking camera if you don't want to—there are apps for that. Numerous Android and iOS apps claim to use your old smartphone's cameras to replicate the features of these dedicated cams, letting you check in from your current smartphone whenever you want. These security apps have nearly the same features as regular smart cameras but are free to download and require no extra hardware. Even older phones are powerful enough to be repurposed. That doesn't mean the apps are quite as good as purpose-built security cameras, though. We looked into the differences between home security cameras and their smartphone equivalents (specifically the apps Manything and Alfred) to see if one method of monitoring your home is better than the other.   Cont'd...

The Next Stop in Home Security: A Lightbulb With a Memory

EVA RECINOS for PSFK:  Smart technology in the home can make things more convenient—but it can also make homes safer. ComfyLight hopes to make use of this potential, creating a lightbulb that discourages burglars . The wireless lightbulb screws on like a regular bulb. It syncs with an app on user’s phone and begins keeping track of regular movements. When a user walks into a room, the system automatically switches lights on and then turns them off when the user leaves. As co-founder Stefanie Turber explains on ComfyLight’s Kickstarter video, the lighting system “acts like you’re home by turning the light on and off and it recognizes unexpected movements at your place.” Once a user leaves his-her home and activates security mode, ComfyLight simulates the user’s patterns of movement and switches lights on and off to mirror them. While away from home, users can keep track of activity through an app on your phone—and see if ComfyLight detected something unusual.   Cont'd...

92% of Security Installers/Integrators See Home Automation as a Future Revenue Generator

Adam Bannister for IFSEC Global:  Polling the views of hundreds of installers, IFSEC Global found that 92% saw the ‘smart home’ – whereby lighting, heating, alarms and other household functions are interconnected and remotely controlled via smartphone or PC – as a potential area for diversification. No surprise, then, that almost as many – 88% – would be more likely to attend IFSEC International if a dedicated home automation zone were introduced. “In the top end of the market, people are spending hundreds of thousands on smart home technology,” write one installer who completed the survey. “There are a few cheap end products out there, but the most important factor here is that products can be retro-fitted and not too expensive. “It would be great to see a security system that integrates as one package.  As far as we are aware this does not exist. We’ve been trying to push the home automation side, but are still seeking the right product.” A similar proportion – 86% – would visit if an area dedicated to ‘smart buildings’ – essentially the same concept applied to commercial premises – area were launched. Which is indeed what is happening, on both fronts: for the first time IFSEC International will feature a dedicated Smart Zone for its 2016 edition, comprising a replica ‘smart home’ fitted out with the latest home automation innovations from top exhibitors including Y3K, Lilin and Control 4.   Cont'd...

Lowe's to add emergency dispatch service for Iris DIY smart-home systems

Stephen Lawson for CIO:  Smart-home gadgets look cool, but the services connected to them may be more valuable to many owners in the long run. Home-improvement chain Lowe's plans to make more of those services available to do-it-yourselfers. By the middle of this year, owners of Lowe's Iris home gadgets will be able to buy professional monitoring, including dispatching of first responders in case of emergency. It will cost US$19.99 per month and will become available in select markets as licensing allows. Security and life safety are two of the big reasons consumers are buying into the Internet of Things. Broadband providers like AT&T and Comcast install smart-home systems built around things like connected burglar alarms. For example, AT&T's website advertises professionally monitored home security and automation systems starting at $39.99 per month with a two-year contract.   Cont'd...

Smart home solutions helped to drive double-digit growth in home security over past two years

A new Parks Associates report finds smart home offerings have helped revitalize the residential security industry, as the number of households with monitored security rose over 15% in the past two calendar years. The New Face of Home Security - 2015 Edition reports approximately 21 million U.S. homes have professionally monitored security, with another 1.5 million with monitoring in a second home.  "By the end of 2015, nearly six million professionally monitored homes will also have smart home control as part of their security system," said Tom Kerber, Director, Research, Home Controls & Energy, Parks Associates. "Smart home is firmly entrenched as part the U.S. security industry, thanks to both push and pull factors. Companies such as Vivint, AT&T, and ADT have been aggressive in offering smart home features with their systems, while security owners are open to new technologies. Security households are 150% more likely than non-security households to state that they keep up with technological innovations and like to own the latest devices."   Full Press Release.  

Build a simple home security system using Raspberry Pi

By Lory Gil for Liliputing:  Want to set up a home security system, but don’t want to pay a monthly fee to a security company? Techradar has a  detailed do-it-yourself project  for a connected alert system using Raspberry Pi. While it might not have all the bells and whistles you’d get with a professional system, with some basic parts and a little coding, you can set it up an infrared sensor that will send you a text message when movement is detected. Plus, you can include a camera to take a snapshot and 10-second video so that you’ll know if your cat or a cat burglar tripped the sensor. The project requires a few special items, in addition to the Raspberry Pi. You will need a passive infrared sensor (PIR) and the Pi Camera. You will also be installing Python and creating a few codes of text to activate the system.   Cont'd...

Silicon Valley will soon become a massive player in home security

  Bob Bryan for BusinessInsider:  Currently, there are three types of home security on the market. The industry giants run traditional professionally installed and monitored systems, like what ADT offers and telecoms such as Comcast and AT&T have begun to roll out. These represent 93% of the home-security market, says Citi. The next is self-installed and professionally monitored in which a customer installs the hardware and then pays a subscriber fee to have the house monitored by professionals. This category includes companies like SimpliSafe, Frontpoint, and Protect America. These companies have 4.7% market share. Finally, self-installed and monitored systems such as Google's Nest and Dropcam or Apple's HomeKit-enabled devices leave it up to the user to set up their home security and use notifications to enabled devices to alert people. For these services there is no human monitoring the home security. They control 2.3% of the market, but not for long says Citi. Based on research projections, Citi estimates that self-installed and monitored systems will control 34% of the market in five years, with professional system slipping to 61.6%. In the longer term, 20 years from now, these numbers are projected to basically switch with self-monitored systems holding 62.5% of the market and professional services making up 31.3%.   Cont'd...

Alarm.com IPO a watershed moment for the connected home market

BY JOEL GRIFFIN:  There was a time in the residential security market when having home automation features to go along with window and door contacts and motion detectors was simply a “nice to have” rather than a “must have” offering. The industry has evolved to the point, however, where even the term “home automation” is passé, having given way to the more commonly used terminology of “connected home” or “smart home” space in which security is part of much bigger overall solution for today’s homeowners. The growing prevalence of this technology was further reinforced late last month when Alarm.com, one of the dominant players in the smart home space, launched an initial public offering on the NASDAQ. According to John Mack, executive vice president, co-head of investment banking and head of mergers & acquisitions at Imperial Capital, which acted as a co-manager on the offering, the IPO serves as a “strong validation” for this paradigm shift that has taken place with regards to the integration of home security with automation and where the market could eventually go. “I think it is very important for the overall security alarm industry to see what has really been the leading player in home automation software and has really played a key role in enabling the home automation side of this industry to be able to go public at a very attractive valuation and get a lot of very positive attention from the best of the investment community,” explained Mack. “A lot of the validation that came with a big valuation for Alarm.com is effectively a view of the potential for the whole industry.”   Cont'd...

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.

Analyst: DIY systems a 'real threat' to traditional home security offerings

SOURCE: SECURITYINFOWATCH.COM:  Through managed smart home offerings from retailers such as Lowes and Staples as well as standalone devices such as video cameras from Dropcam, or smart locks from Kwikset, the research firm said consumers increasingly have the option to install and monitor their own security systems. Demand for such smart home systems are expected to outpace traditional professional monitored security subscriptions as consumers ditch the installation fees, monthly payments and long service contracts of the traditional offerings. At the same time, professionally monitored security service providers such as Frontpoint Security and NextAlarm offer solutions where users self-install their devices, or can integrate existing dormant installations into new IP based services. “Self-install and self-monitor home security solutions are real threats to the standard business models offered by traditional vendors,” said Dan Shey, practice Director at ABI Research. “While matching these solutions is one option, traditional vendors need to look for ways to better integrate their core services with partner smart home services. These can range from call-center monitoring as a plug-in service to bringing home video monitoring into the call center.”

ADT Announces Bold Vision to Lead Next Generation of Security and Automation Market

The ADT Corporation unveiled a series of innovative partnerships and new product and platform enhancements aimed at delivering advanced solutions to its residential and business customer base.   Driven by President and Chief Executive Officer Naren Gursahaney’s mission to “put the customer at the center of everything we do” and “secure the connected world,” these announcements include: A new alliance with global consumer electronics leader LG Electronics to deliver a groundbreaking “All-In-One” smart security product, coupled with ADT security services; and a partnership with Nest to integrate its acclaimed Nest Learning Thermostat into ADT’s Pulse® ecosystem. Both are made possible through ADT’s ongoing investments in its technology and innovation platforms.   As broadband adoption continues to grow, there is a greater push for leveraging home automation within both the consumer and industrial Internet of Things (IoT) segments. ADT’s market leadership in home and business security makes it an attractive and highly sought-after partner for a broad range of leading technology companies. With innovative new user experiences driven by its platform, ADT can now address traditional monitored security, while also adding new smart security solutions for residential and business customers - empowering users to be in greater control of that which they value most.

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