A major manufacturer recently conducted a survey of 2,000 consumers asking for their feedback on smart products. When asked about their interest in purchasing smart products, more than 60 percent of respondents said they were interested in purchasing an intelligent control for their home. Other industry data shows that actual smart home product penetration is less than 20 percent.
Nest thermostats offer energy savings from 10-15 percent
June 2, 2017
American Residential Services (ARS) has partnered with Nest Labs Inc. to include the Nest Learning Thermostat as a standard component of most of its middle and upper tier residential HVAC system installations. ARS will also offer professional installation of Nest Thermostats as an optional upgrade when performing service and preventative maintenance in previously installed systems.
The geothermal industry has a lot going on at the moment. Federal tax incentives, or lack thereof, currently dominate the discussion, but manufacturers are releasing new, intelligent geothermal products all the time.
Networking solution will address uses beyond the connected home
November 16, 2016
The Thread Group has announced its intention to expand the Thread networking protocol beyond the connected home and into the commercial building and professional sectors. It will continue to drive adoption for the connected home, and leverage the technology for commercial buildings.
Provides next-generation Intelligent Demand Side Management capabilities
November 9, 2016
Earth Networks has announced the launch of its Connected SavingsSM platform to provide consumers with energy savings and comfort by delivering energy intelligence through the integration of Internet of Things (IoT)-connected smart home devices, weather data, and algorithms.
Smartphone GPS tells Nexia when user is home or away to trigger automatic operations
October 13, 2016
Smart home firm, Nexia™, a brand of Ingersoll Rand, announced it has enhanced the convenience of its smart home system by adding geo-fencing. The feature gives subscribers easier, more seamless control, such as automatically adjusting the thermostat when they leave for work and when they head home.
Smart home device market rising at a CAGR of 60 percent to 2020
September 14, 2016
The smart home market continues to expand, with 47 million connected smart home devices shipped globally in 2015. The market is projected to broaden substantially at a compound annual growth rate (CAGR) of 60 percent, reaching 477 million devices in 2020, according to IHS Markit.
Increasing awareness of energy savings potential, surging demand for home security boosting market
July 19, 2016
The global smart homes market is projected to cross $60 billion by 2021, according to new report from Research and Markets. On the basis of application, the market has been segmented into HVAC control systems, energy management systems, security and access control systems, entertainment control systems, and others.
Simple voice commands can now control Nexia-certified devices throughout the home
July 5, 2016
Nexia™, a brand of Ingersoll Rand, has given subscribers the ability to control Nexia-certified smart home devices in their home — starting with thermostats, lighting, and plug-in wall modules — with simple voice commands through Amazon Echo.