The smart home device field is growing crowded these days.With Amazon’s Echo currently holding the critics’ darling spotlight, last week Google debuted ‘Home’, its new voice-activated home automation system while this week tech site The Information is exclusively reporting that Apple is working on an Echo-like device.
Today marks the availability of Cirrent, the new way to connect any smart, connected product to the Internet automatically and securely. Cirrent’s service enables connected products—such as home thermostats and televisions—to connect to the Internet automatically and securely, right out of the box.With more things on the Internet than people, it’s predicted there will be 30 billion devices online by 2020—ranging from sprinkler systems to teddy bears. In fact, approximately 88% of consumer electronic devices shipped in 2015 were Internet-enabled. Before Cirrent, the setup process for most connected products involved multiple steps, confusing passwords, and in more than 20% of cases, consumers failing to connect their “smart” products to the Internet at all (source: Accenture). The difficulty of getting products connected to Wi-Fi is a fundamental barrier to the adoption of connected products, and results in lost sales, high support costs, and high returns. Cirrent addresses these issues head on by making products secure, reliable, and easy to use, which adds directly to the bottom line of the product companies.
Apple has their own plans to prove their eminence in home automation segment also as they have introduced some related products last year. We have seen many other manufacturers also who brought similar products during this time. However the growth of this segment is a little slower than others. There are a lot of alternatives available here and it has confused a lot of people to choose a particular brand. People close to the industry were hoping that Apple may take a step ahead and will try to bring some unique things for their customers. Now it seems that Apple has taken the step and some reports are claiming that Apple is planning to bring their own HomeKit app.
The Internet of Things (IoT) is growing rapidly as businesses deploy millions of devices that collect and exchange data. In order to aggregate and make sense of all this data, most businesses rely on a third-party company to provide a cloud platform. Amazon (NASDAQ:AMZN), Microsoft and Google — the Alphabet subsidiary — all have their own IoT platforms, as do smaller providers like Salesforce (NYSE:CRM).
Apple every year have their own applications coming into their own store in a rather obvious way. But now, it’s been more than a year since Apple introduced its own foray into the budding market of smart appliances and home automation products or according to the latest trends, let’s call it as the “Internet of Things”. However, if you consider the fact that adoption of “Home Kit” by manufacturers and developers has been steady till now but it’s still somewhat slow. This was resulted by consumers. This is no doubt a long requested feature. But may be finally and once and for all, Apple might have finally listened to its customers and might soon have its own official HomeKit app, available starting iOS 10.
With every market forecast predicting rapid growth of the overall Internet of Things, industry and investor focus shifts to specific market segments that will experience the quickest adoption. While most of the attention is on particular applications and technologies, I think managed IoT services will be one of the biggest market opportunities.One of the greatest challenges standing in the way of widespread IoT adoption is the lack of skills and experience to evaluate, acquire and integrate all the piece parts necessary to assemble an IoT deployment.
The report “Smart Home Market by Product (Lighting Control (Timer, Daylight Sensor, Occupancy Sensor), Security & Access Control, HVAC, Entertainment, Home Healthcare and Smart Kitchen), Software & Service (Behavioral, Proactive), and Geography – Global Forecast to 2022”, published by MaretsandMarkets, The market is expected to grow from USD 46.97 Billion in 2015 to USD 121.73 Billion by 2022, at a CAGR of 14.07% between 2016 and 2022.
Envisioning and Achieving the Internet of Things Potential By 2020, the amount of Internet-connected things will reach 50 billion, with $19 trillion in new profits and cost savings coming from IoT over the next decade, according to Cisco Systems.* These IoT devices will generate a staggering amount of data and stimulate tremendous business opportunities for companies across a range of market verticals. Now is the time for organizations to position themselves for success. The 2nd Annual IoT Global Innovation Forum, June 14-16, 2016 in Barcelona, Spain, will bring together leading technology innovators, business strategists and senior executives from around the world for two days of focused networking and information sharing at the IoT cutting edge. Expert speakers will discuss the latest applications for traditional commercial processes as well as new business models and opportunities within the emerging Internet of Things ecosphere. An Executive-Focused, Cross-Stakeholder Event Through a series of in-depth presentations and interactive panel discussions, top industry executives will help attendees envision and implement the full potential of IoT in both consumer and industrial sectors, with an emphasis on the most intriguing case studies and technology innovations. If you are guiding a business in today’s technology climate, don’t miss this high-value opportunity to network with your senior peers and leverage the coming Internet of Things tidal wave.
Source: IoT Global Innovation Forum 2016
Microsoft last week announced the acquisition of Solair, a move to expand its global Internet of Things business.Solair’s IoT customization and deployment solutions, which are built on Microsoft’s Azure cloud platform, have helped a wide range of businesses improve efficiencies and profitability, according to Microsoft.”The integration of Solair’s technology into the Microsoft Azure IoT Suite will continue to enhance our complete IoT offering for the enterprise,” said Sam George, partner director for Azure IoT.
In 2016, 600 million connected things will be added to the already existing 1.1 billion deployed across cities worldwide. Yet, according to Gartner, in 2017 this will surge by nearly one billion topping approximately 2.7 billion connected things.Smart homes are set to take the leadership in terms of the amount of connections with 586 million this year and one billion by 2017. This is followed by smart commercial buildings (2016: 354 million; 2017: 648 million), utilities (304 million; 371 million) and transport (298 million; 371 million).CBR lists five crucial technologies to the existence of smart cities.