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.
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.
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.
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.