No matter what it’s called—the smart home, connected home, or Internet of Things (IoT) home—many companies are moving forward with a variety of products to enhance comfort, convenience, and energy efficiency in the home. In particular, tech giants Apple and Google (Nest) have generated significant buzz lately and are poised to remain driving forces as the market continues to evolve.
Apple, Google, and More
Apple’s vision for its HomeKit platform is starting to become more visible, with some of the first devices entering the market that can be controlled via Siri through iPhones, iPads, and Apple Watches, according to a recent story on the MacRumors website. When HomeKit was announced a year ago, it was more of a vision of the possible. But now companies like Lutron (smart lighting kit) and Insteon (home automation hub) are selling HomeKit-enabled products. In addition, ecobee (smart thermostat) and Elgato (Eve sensing system) are prepared to launch HomeKit-enabled devices in a matter of weeks. Other manufacturers are expected to follow suit.
Meanwhile, Google has forged ahead with its own platform with the announcement of Brillo, its IoT operating system based on Android. Brillo has a communication layer called Weave that is designed to enable IoT devices to talk to one another and the cloud. Weave will also be used by Nest and Nest ecosystem devices so they can interoperate. Brillo is expected to be available in the third quarter of this year, and Weave will be offered in the fourth quarter.
It is not just Apple and Google shaping the IoT and smart home space, however. Industry groups are active as well, aiming to set standards across multiple operating systems and network protocols. For instance, the AllSeen Alliance and the Open Interconnect Consortium (OIC) are two groups working on open-source standards for the IoT that will include the home as well as other industry verticals.
A few things to remember in this chaotic space: It is still early days as the smart IoT home market takes shape and the players jockey for position. Also, this is a multiyear competition, with no clear winners at this point. It is easy to see Apple and Google setting the stage to dominate given their strong brands among consumers. But companies like Samsung, ADT, Bosch, Qualcomm, and Honeywell, to name just a few, see opportunities as well and are focusing on the growing market possibilities that are expected to eventually include billions of new devices and billions of dollars in potential revenue. What’s more, there is room for startups to emerge or new partnerships to form that take the market in a new direction. For instance, ComEd has joined with Comcast and Nest Labs for a demand response program involving smart thermostats. For some guidance on what lies ahead, Navigant Research has a new report called IoT (Internet of Things) for Residential Customers that discusses these issues and challenges facing stakeholders.
Tags: Energy Efficiency, Home Energy Management, IoT, Residential Energy Innovations, Utility Transformations
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