Tag: home automation
Silmar Electronics celebrating 60th anniversary
May 11, 2023Ken Showers, Managing Editor
MIAMI – Silmar Electronics, Inc., a Florida-based wholesale distributor of low voltage security products with nine locations, is celebrating its 60th anniversary.
The origins of the company date back to 1960, when founder Jorge Smith Sr. and his family emigrated from Cuba, arriving in Miami. Smith was an electrical engineer by trade and in 1963 started Silmar Electronics. His primary focus upon establishing the company was the manufacturer of eavesdropping devices, with the...
Vivint named “Home Security Company of the Year” at IoT Breakthrough Awards
January 30, 2023SSN Staff
PROVO, Utah – Vivint Smart Home Inc. has been riding high after a boost to its stock performance in the past month following the announcement of its acquisition by NRG Energy Inc. Now it adds another feather in its cap thanks to IoT Breakthrough.
Vivint has been named the “Home Security Company of the Year” in the Seventh Annual IoT Breakthrough Awards Program. IoT Breakthrough is an organization that recognizes top technologies, companies, and products related to the...
Intrusion trends stem from smart home, home automation capabilities
January 2, 2020
YARMOUTH, Maine—The concept of physical intrusion, detection and keeping unauthorized individuals from accessing a particular space is an issue as old as time. Think moats dug around castles of old; concealed traps strategically placed around a particular area; the construction of tall, impenetrable walls protecting what's inside — all the way to modern days, where lives are filled with technologically savvy security systems; all types of locks on doors, cabinets, etc.; passwords...
U.S. International Trade Commission rules in favor of Nortek
December 6, 2019SSN Staff
CARLSBAD, Calif.—Nortek Security & Control, a global leader in wireless security, home automation, access control, and health and wellness technology, announced that an administrative law judge (ALJ) of the U.S. International Trade Commission (ITC) has issued a notice of finding that there was no violation of Section 337 of the Tariff Act of 1930 in connection with the patent infringement action brought against Nortek by The Chamberlain Group, Inc.
Finding: ALJ found that none of the products...
Smart home market is growing and maturing
May 29, 2019Paul Ragusa
The smart home continues to grow in awareness among homeowners, with approximately 22 percent of U.S. Internet households reporting owning a smart home device in Q4 2018, up from 17 percent in Q4 2017, according to The NPD Group. Alongside ownership growth, 2018 saw an 18 percent dollar sales growth in home automation devices compared to 2017, and NPD's latest Future of Tech forecast expects the category to reach $2.5 billion by the end of 2019.
According to the Connected Home Automation Report from...
ADT launches new home automation system nationwide
March 27, 2019SSN Staff
BOCA RATON, Fla.—ADT, a provider of monitored security and interactive home and business automation solutions in the U.S. and Canada, is rolling out the ADT Command panel and control platform nationwide.Building on the ADT Pulse platform, which was introduced in 2010, ADT Command offers a rich feature set customized to address customers' lifestyle and needs, while increasing operational efficiencies. The 7-inch wireless touchscreen panel can be wall-mounted or conveniently unbound, and is equipped...
Home sweet home
November 9, 2016Paul Ragusa
There has been a lot of good news coming out lately on the state of residential security, which over the past few years has been bolstered by interactive and connected services, home automation, DIY and the emergence of mobile everything.
Technavio recently released a report on the residential security market, which shows that from 2016 to 2020 the global market for residential security will grow at a 7.34 percent CAGR—from $21.93 billion to $31.25 billion. The North American market will rise...
Comcast and Alarm.com reportedly in talks to acquire Icontrol
June 15, 2016Martha Entwistle
REDWOOD CITY, Calif.—Interactive services platform provider Alarm.com and cable giant Comcast are in talks to acquire platform provider Icontrol Networks, according to several sources who spoke to Security Systems News, and published reports.
The deal could bring “Big Blue”—ADT, which has about 30 percent market share—to Alarm.com.
Contacted by SSN, Icontrol, Alarm.com and Comcast declined to comment.
Alarm.com, a direct competitor to Icontrol, would...
Smart home mania or madness?
June 1, 2016Paul Ragusa
With the flood of new smart home products hitting the market these days, one of the things I look forward to each day is checking my Google Alerts to see what new surprises this wild west of home automation and connectivity is bringing us now.
From smart toasters that tell you when your toast is ready, or if you like, that toasts the past night's sports scores right onto the bread for you, to a smart-fridge that tells you when you need more milk, the number and volume of new smart home products hitting...
Global home automation market to hit $78b by 2022
May 23, 2016Spencer Ives
DALLAS—The global home automation market is forecasted to more than double by 2022, according to a recent Marketsandmarkets report, in part due to the Internet of Things and home automation features that save money by reducing energy consumption.“The home automation system market is expected to reach $78.27 billion by 2022,” Rohit Waghadhare, team lead for Marketsandmarkets, told Security Systems News in an email interview. The global market size in 2016 is projected to be $38.7...