Smart Home Real Estate

[fa icon='calendar'] Jun 15, 2016 10:51:53 AM / by Brittney Borowicz posted in ConnectSense, connectsense, General, home automation, Internet of Things, IoT, REAL ESTATE, smart home, smart house, smart outlet

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By Nathan Rockershousen, Technical Writer

Imagine moving into a house where the thermostat could adjust automatically depending on the time, where all of the lights could be controlled with the touch of a button, and where the doors could be locked from the comfort of bed. Houses with these technological innovations installed are becoming increasingly popular within the real estate market as the Internet of Things (IoT) continues to transform the way we live our lives. Turning a home into a smart home with various IoT technologies can increase the value of a house substantially.

Smart technology brings a plethora of benefits to the home environment. The most attractive feature of the smart home is its ability to reduce monthly expenses such as electricity and heating. Home buyers and owners are very attracted to the idea that a smart home could help reduce the amount they are paying monthly as the cost of paying off a home can be cumbersome by itself. The ConnectSense Smart Outlet can help a home owner manage and control any electrical device from the comfort of their smart phone. The Nest Thermostat is able to learn the users schedule to adjust the temperature at the right times of day in order to prevent wasting energy on heating or cooling a home when no one is home. Automated devices like these can help manage and reduce power usage while making everyday tasks more convenient and efficient at the same time.

It is important to consider future growth of the IoT and its relevance in the home environment. Smart devices are increasing in popularity at an exponential rate. This means that more homes will be implementing smart technology in an effort to create a connected network of devices. The smart home will be the future of the real estate industry. As internet-enabled technology becomes a standard in homes, more home buyers will expect that houses come with this smart technology built in.

Smart home upgrades are not expensive to make and they can go a long way in increasing the value of a home. Devices such as smart locks, lights, outlets, and thermostats are relatively cheap and easy to install. An ecosystem of devices that enable a home owner to completely control their environment can be created with a couple hundred dollars. This is a cheap price to pay for the power these devices bring to the user, especially when they will help reduce the cost of monthly bills. Implementing smart technology within a home environment will increase the value of houses and will create additional incentive for home buyers to purchase a home.

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It’s time to get smart

[fa icon='calendar'] Sep 17, 2015 1:55:01 PM / by Brittney Borowicz posted in connected products, customers, ECN Magazine, Featured In, General, internet, Internet of Things, IoT, manufacturers, smart home, smart house, smart products

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Connected products also are a smart play for manufacturers by enabling them to stay connected with their customers like never before. Smart products can deliver maintenance reminders, special offers, recall notices and other notifications at prescribed intervals. The data captured by these devices can help manufacturers get to know their customers better. For example, by gathering usage data, washing machine manufacturers can know which of the functions owners use most, helping with future product development. Sensors in the appliances can trigger alerts when a component is about to fail, allowing customers to set up service calls proactively, which boosts customer loyalty. Even information about how much detergent customers use, water temperature preferences and wash cycle choices could be packaged and sold to detergent companies as consumer insight information.

At the same time, connected devices are becoming fairly inexpensive to manufacture, and they can be sold with a higher price tag. In general, connectivity can be added for a material cost of about $10, plus the cost for app development and cloud hosting. While lower cost devices, such as coffee makers or toasters, may not be able to support the added cost, larger ticket items (washers/dryers and refrigerators, for example) can. Much of it depends on the added convenience and value the connected device brings to the consumer.

The possibilities presented by smart products are very attractive, so designers are thinking of ways to add connectivity to products. Along with adding the Internet component, smart products present other unique design considerations.

Read more at ECN Magazine or download the PDF now.

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Place Your Vote for Adam's Smart Home Panel at SxSW 2016!

[fa icon='calendar'] Aug 14, 2015 8:11:56 AM / by Brittney Borowicz posted in Adam Justice, AllJoyn, August, Brillo, connectsense, Ecobee, Events, General, Grid Connect, HomeKit, Internet of Things, Internet of Things Consortium, interoperability, IoT, Jason Johnson, Mark Spates, OIC, panel picker, smart homes, smart house, Stuart Lombard, SxSW, Weave

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Adam Justice, VP of Grid Connect and Founder of ConnectSense needs your help!

Adam, as well as a few other big players in the smart home industry, have submitted a panel proposal for for the 2016 South by Southwest® Music, Film, and Interactive Conferences (SxSW) called "A smart house divided against itself cannot stand" and needs your vote!

Please visit http://panelpicker.sxsw.com/vote/47138 and give their panel proposal the "thumbs up!" Each vote gets Adam and his fellow IoT thought-leaders closer to being able to present their smart home discussion at this year's SxSW.

Voting ends Friday, September 4th! For more information and to vote now, click here!

More information...

A smart house divided against itself cannot stand

There is a significant barrier to the Internet of Things. Current products are split by competing standards on the market, creating problems for the interoperability of devices in the home. The question is... who will come out on top? HomeKit, Brillo/Weave, AllJoyn, and OIC are all bursting out with big promises. This session will dive into the differences between these standards, picking apart their individual performances apart from the marketed platform. Manufacturers are dependent upon these standards as stages for the interoperability of their products. Our group is comprised of IoT executives who understand what it’s like to work with standards on getting a product out the door.

Questions Answered

  1. Amongst standards like HomeKit, Brillo/Weave, AllJoyn, OIC and more who will come out on top and emerge as the dominant standard in the smart home?
  2. How will the elimination and consolidation of standards affect the market for IoT devices and what is still needed to drive the industry forward?
  3. What is the role of manufacturers and consumers in developing our future as it relates to connected technology?

Speakers

Voting ends Friday, September 4th! For more information and to vote now, click here!

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