Tag: smart home
Zigbee's Project CHIP standard becoming a reality
September 8, 2020SSN Staff
DAVIS, Calif.—Zigbee Alliance’s Project Connected Home over IP Working Group recently updated the industry on its progress, outlining the Project’s growth and introducing the newly detailed architectural stack diagram for the open standard. Here’s a summary of the details as well as a link to the working group’s full blog post:
December 2019 – the date the group set out to create a unifying standard for the smart home industry.
September...
Reliant teams up with SimpliSafe to deliver home security to Texas customers
August 4, 2020SSN Staff
HOUSTON—As part of Reliant’s focus on providing cutting-edge smart home and security innovations to customers across Texas, the company established a new relationship with SimpliSafe to provide renters and homeowners in urban and rural markets with special offers and discounts, enabling them to better protect their most valuable assets: their home and loved ones.
“Providing our customers with the best in home energy tech solutions and ensuring their comfort and safety is something we...
ADT and Google partner with plans to dominate smart home
August 4, 2020Paul Ragusa, Editor
BOCA RATON, Fla.—ADT and Google announced a long-term partnership with the goal of creating an end-to-end smart home solution that combines Google’s technology platform with ADT’s installation, service and professional monitoring network.Google will make a $450 million investment in ADT, which equates to 6.6 percent of ADT’s outstanding aggregate common equity, in exchange for shares of a newly created Class B common stock having all of the rights and preferences of ADT's common stock...
GHS Interactive Security rebrands as Vio Security
July 14, 2020SSN Staff
DALLAS—Community-based security alarm monitoring company, GHS Interactive Security, LLC announced Arena Investors LP, a U.S. institutional private invest firm, has recapitalized the company and acquired a majority stake. With this partnership comes a new brand identity, Vio Security, as well as a recalibrated focus on being the leading smart home and security service provider.
“Arena is taking a hands-on approach as a committed equity partner, investing a significant amount of time and capital...
Parks Associates announces CONNECTIONS Community
June 11, 2020SSN Staff
DALLAS—International research firm, Parks Associates, announced the launch of an online conference and networking experience, November 10-12, focused on the connected home and IoT industries. The research firm will host six webinars on key topics, sharing latest consumer data and insights, culminating in a three-day, virtual conference that will bring industry leaders together to network and discuss the growing smart home market. The firm’s latest research predicts by 2024, total annual revenue...
Total professional monitoring revenue to exceed $15B in 2020
May 13, 2020SSN Staff
DALLAS—Research firm Parks Associates forecasts professional monitoring revenue for the U.S. residential security sector will total $15.74 billion in 2020, with smart home services accounting for $1.2 billion.Parks’ “IoT: Extending Professional Monitoring for New Revenue” addresses how innovative companies are driving new revenue by extending professional monitoring services beyond residential security to new use cases in the connected home.“The number of connected devices continues...
COVID-19 to drive voice control demand
April 24, 2020SSN Staff
OYSTER BAY, N.Y.—Voice control device shipments in 2020 will grow globally by close to 30 percent over 2019, according to global tech market advisory firm, ABI Research.Last year, 141 million voice control smart home device shipped worldwide and, despite the key China market being impacted during the first quarter of 2020, ABI said the value of voice control during the pandemic will remain strong.“A smarter home can be a safer home,” Jonathan Collins, research director at ABI Research,...
ADT working with real estate developer HHHunt
February 17, 2020SSN Staff
BOCA RATON, Fla.—ADT is partnering with real estate development company HHHunt to install smart home and property automation technology into new and existing HHHunt multifamily and student housing communities, adding another prominent real estate company to its list of partners.ADT will work with HHHunt to install more than 7,700 apartment homes in 19 communities across four states with smart hubs, smart locks, smart thermostats and integrate into industry-leading property management software....
Resideo joins Zigbee Alliance Board of Directors
January 6, 2020SSN Staff
DAVIS, Calif.—The Zigbee Alliance, an organization of hundreds of companies creating, maintaining and delivering open, global standards for the Internet of Things (IoT), recently announced that Resideo Technologies, Inc. has joined its Board of Directors. Along with other Zigbee Alliance promoter member companies, Resideo will also play a vital role in the Connected Home Over IP project that aims to simplify development for manufacturers and increase device compatibility for consumers.
“Resideo...
29 percent of US broadband homes own a smart home device
January 3, 2020SSN Staff
DALLAS—Approximately 29 percent of U.S. broadband households now own a smart home device, a 20 percent growth rate from one year ago, according to new research from Parks Associates based on its 4Q 2019 survey of 10,000 broadband households.
"Similar to CE devices, loss of wireless connectivity is the leading problem facing owners of smart home devices, followed by unresponsive devices," Parks Associates President Elizabeth Parks said in the announcement. "As market players look to expand beyond...