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:
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.
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.
Learning how to drive the internet highway on the path to the Smart Home means rules, regulations and laws.
These are just a few of the exceptional new products that you can see on the show floor. Whether you are a user, installer, or show producer, InfoComm 2015 is where you need to be.
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.”
Alarm.com, a company providing security and home automation products, has filed for an initial public offering (IPO) and is looking to raise up to $75 million through the offering, as per documents filed with the US Securities and Exchange Commission. The company is trying to make headway in the market for smart homes before more established companies such as Google Inc (NASDAQ:GOOGL) and Apple Inc. (NASDAQ:AAPL) hit the home automation market. The S-1 filing lists Credit Suisse, Goldman Sachs, and Bank of America Merrill Lynch as key underwriters. Alarm.com was founded in 2000, and for the last five years has been trying to penetrate the home automation sector, inking deals with other service providers to offer products to consumers to enable them to automate their homes. The automation entails controlling lights, appliances, door locks, and other things remotely.
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.
To protect your company, rethink what you reveal on social media, as it is all fodder for social engineers. Develop policies for handling sensitive requests like password resets over the phone. Have a security audit done.
FIBARO, a leading European manufacturer of wireless, intelligent home automation systems, announced that the main participant in the FIBARO Mount Everest Challenge Powered by Z-Wave, Mariusz Malkowski, has been rescued from the mountain and is now home with his family in New Jersey, USA. Malkowski Helped People Trapped Under The Snow Malkowski was about two weeks into his ascent when the 7.8-magnitude earthquake and ensuing avalanche hit. He miraculously survived the avalanche, uninjured, and was able to help people who were trapped under the snow and save lives. FIBARO arranged to have him airlifted off the mountain on Monday via helicopter. He was brought to New Delhi for a short stopover, after which he was able to catch a flight for the 15-hour trip back to the U.S. “I feel so fortunate to have survived such a horrible tragedy,” Malkowski said. “Obviously, there were thousands of people that weren’t so lucky. The devastation there is overwhelming. Our hearts go out to the people of Nepal and their families.”
ELK's M1 controls integrate with products from over 40 other manufacturers. Integration is achieved using a variety of connection methods and protocols.
THIS PAST SATURDAY, one in four people who had come to rely on Wink as the brains behind their smart home set-up found their connected devices suddenly lobotomized. Devices connected to the Wink Hub couldn’t access the internet, meaning that they could no longer be controlled via app, and wouldn’t execute their pre-programmed rituals. Simply put, nothing worked. In an emailed statement, Wink confirmed that the cause of the outage was a “misconfiguration” of a security measure it had implemented previously. Several Wink Hub units couldn’t be fixed remotely, and those users will either have to try to repair their own using Wink-provided instructions, or mail them in for a replacement. Around 10 percent of Wink users are still without service, and the Hub has been pulled from shelves until further notice. But Wink’s weekend failure reminds us that the smart home of the future won’t be immune from the testiness that plagues any technology. In fact, those common, unavoidable flailings will be even more frustrating. Nearly a year ago, Mat Honan wrote The Nightmare on Connected Home Street, a glimpse at the inevitable dystopia caused by hooking up our households and everything within them to the internet sewage pipe. We’re not nearly at the full-fledged horror stage, but incidents like the weekend Wink stink are the foundation on which our frustrating smart home future will be built. Cont'd..
Your door & lock is no longer that simple and its now part of the mobile, internet of things, connected movement. Here is a list of 6 smart locks & door startups improving your home security.
Our new range of IP Video Intercom kits have been a revolutionary development for our market segment.
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