Consumers Aren't Buying the Smart Home, But Insurers Are

By Stacey Higginbotham for Fortune:  The industry has stalled. But while consumers are scratching their heads, property and casualty insurers have been testing connected doorbells, water sensors, smoke detectors and dozens of other devices. On the life insurance side, wearables and other devices are also in the R&D labs, although that’s less of a focus for this story, since consumers have tended to adopt wearables more readily than the connected home concept. On the P&C side, State Farm is launching a program that will give an all-in one connected security device called the Canary to first responders soon. Last month, American Family created an innovative program with connected doorbell provider Ring, that offered customers a discount if they bought the device, but also would reimburse your deductible if someone managed to break in. American Family also subsidizes the cost of a Nest Protect smoke alarm. USAA has backed a connected car startup called Automatic, while Progressive  PGR 0.10%  has already teamed up with Zubie, another connected car device maker, to deliver discounts on auto insurance for drivers who share data. For insurance firms, the decision to back these startups can range from helping to prevent losses, which can boost profits, and helping make the insurer a more positive and proactive presence in people’s lives. Ryan Ryst, director of innovation at American Family, says that in creating programs around connected devices, an insurance company has a chance to remind people that insurers are acting to protect policy holders.   Cont'd...

Could This Single Device Protect Your Smart Home?

Joseph Bernstein for BuzzFeed News:  Sense is a smart router combined with software that sits on top of and monitors all of the connected devices in your house. It reads all the traffic coming into those devices in real time and analyzes it using F-Secure’s cloud security network, “an analytics engine and information repository for malware and a variety of other digital threats.” When Sense detects unwanted or malicious traffic — say, a botnet trying to connect to your smart television — it simply blocks it. By drawing all of the IoT devices in the home into one protected network, Sense presents a remarkably elegant solution to a problem the cybersecurity world has been worrying about for a long time.   Cont'd...

China and India driving $3T consumer electronics boom, smart home devices growing fastest

MICHAEL DE WAAL-MONTGOMERY for VentureBeat:  Populous countries in Asia Pacific — most notably China and India — are leading a nearly $3 trillion boom in the consumer electronics market between now and 2020, with smart home devices growing the fastest of any segment, according to a new report by Future Market Insights that came out Thursday. Top players in the space include Apple (with its new Apple TV push), Samsung (with its SmartThings Hub announced earlier this year), HP (which just split into two companies this month), LG, Sony, Toshiba, Panasonic, and Hitachi. Basically, we’re talking about any smart device (so most likely Internet-connected) that makes life easier for the average consumer in their home. Nest’s smart thermostat and smoke detector are probably classic examples of the segment, which the report says is growing at a compound annual growth rate (CAGR) of 23 percent.   Cont'd...

Senior Lifestyle, A New Internet of Things Application

When the behavioral patterns are known, exceptions can be detected and analyzed. For instance, minor exceptions like skipping a meal or major ones like not getting out of bed in the morning, or even suspicious inactivity in the afternoon.

Consumers want a Smart Home Butler that provides services - not a bunch of connected things

There is a better way to market the Smart Home and Consumer Internet of Things.

70% of Smart Home developers are hobbyists

By Stijn Schuermans for Vision Mobile:   While today’s Smart Home developers are plentiful, the vast majority of them are not pushing to develop the market. Out of all Smart Home developers, 70% are involved in the Internet of Things as a hobby or a side project. Only 30% are doing IoT in a professional capacity. When we look at the goals and motivations of Smart Home developers, this picture becomes even clearer. More than a third of Smart Home developers (36%) are Hobbyists, primarily interested in building solutions for themselves. Another third (32%) are Explorers who are learning the ins and outs of IoT. For Hobbyists in particular, Smart Home is an attractive choice: 57% of Hobbyists choose Smart Home, versus only 37% of non-Hobbyist IoT developers, a 20 percentage point (pp) difference. On the other hand, professional Guns for Hire working on commission (-10 pp), Gold Seekers hoping to strike VC money (-11 pp), Optimizers aiming for efficiency gains (-18pp) and Data Brokers selling repackaged data (-18 pp) seem to shun the Smart Home. In short, 7 in 10 developers, significantly more than in other IoT verticals, are building solutions for their own benefit first, not yours or mine.   Cont'd...

Global IoT Security Market Industry Trends and Analysis, 2015 - 2021

Emergence of smart city concept is expected to offer sound opportunity for the market growth in the coming years. The governments in the developed economies have already taken steps to develop smart cities by deploying Wi-Fi hotspots at multiple locations within a city.

Bruce Lancaster, Logitech to Keynote at the Internet of Things Summit "Big Data & The Rise of the Interconnected World"

Innovation Enterprise announced today that Vice President, New Ventures, Logitech Bruce Lancaster will be a Keynote speaker at the "Internet of Things Summit" in Boston on Sept 9-10, 2015. This year's agenda will address topics including Big Data, wearable technology, automation, the connected city and applications of data collection.

IoT Evolution Expo Concludes With Thousands of Attendees from the Entire Ecosystem

Leading Internet of Things Event Wraps Informative Programming that Explored Edge/Fog Computing, Smart Buildings, Connected Transportation and Developers Industries

Logic Supply Launches Internet of Things Gateway With Candi Controls IoT Server.

IoT-enabled industrial gateway easily enables smart buildings & industrial applications.

Parks Associates: U.S. SMBs spend on average less than $150 per month for IT services

New research report examines SMB familiarity with and interest in new IT and support services

2015 Ultra Broadband Forum Debuting in September to Embrace a Gigaband World

Two full days of keynotes, panels and sessions in Madrid, focusing on business innovation and network re-architecture in the Gigaband era

Redpine Signals Launches WyzBee " World's First Comprehensive IoT Platform for Device Makers

Easy-to-Use, all-inclusive hardware and software toolkit provides everything from device creation to application development to cloud deployment

PlumChoice Further Demonstrates Commitment to the Internet of Things by Joining the Z-Wave Alliance

Specialized Technical Services Company Joins the Alliance and Ensures that IoT Product & Solution Providers Can Enable Their Customers to Realize Convenience, Control and Simplicity from IoT Innovations

CES 2016 - Internet of Things, connected entertainment, and smart home a key focus at CONNECTIONS™ Summit at CES 2016

Parks Associates Announces Topics and Call for Papers for 10th-annual executive event

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