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Lowe’s Iris thriving two years after launch

The home improvement retailer also is testing an installation option for customers who need assistance with the DIY smart home product
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08/06/2014

MOOREVILLE, N.C.—In the two years since Lowe’s launched Iris, the new do-it-yourself home automation/home security product is doing so well it’s offered in Lowe’s stores nationwide and the company is trialing an installation option for customers who need extra help.

Does retail sell security short? Readers split on value of stores

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06/25/2013

YARMOUTH, Maine—Selling home security at retail stores is one of the hottest trends in the industry. Comcast, AT&T and Lowe’s are among the big players doing it, and some smaller companies are carving a niche there as well. But the majority of SSN poll respondents see it as something else: a fad that won’t be supported in the long run by customers.

Influx of telecoms, cablecos into security not alarming, study says

According to IMS Research, the new players will help boost the home penetration rate very rapidly over the new few years
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06/07/2013

AUSTIN, Texas—The penetration rate for U.S. residential intruder alarm products will increase by 5 to 8 percent during the next three years, aided by the entrance of new telecom and cableco players in the market, according to a recent study from IMS Research, now part of IHS.

Lowe’s launches home automation/home security service

Company's Iris offering is self-installed and self-monitored; Lowe’s ‘will evaluate’ installation assistance
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07/19/2012

MOOREVILLE, N.C.—Lowe’s, the world’s second-largest home improvement retailer, announced July 19 that it has launched Iris, its new home automation/home security service. The do-it-yourself, cloud-based service currently is available on Lowes.com and will be offered in the company’s 500 stores nationwide late in August, Sarah-Frances Wallace, a spokeswoman for Lowe’s, told Security Systems News.