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Eight steps forward and one sideways for the security industry

How new technologies drive business model innovation
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12/09/2019

The security business is in the midst of upheaval, with tech giants like Google and Amazon offering consumers the tools to set up and operate their own secure smart homes.

New Resideo Home app makes whole-home monitoring possible

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12/06/2019

AUSTIN, Texas—Resideo Technologies, Inc. recently announced the launch of the Resideo Home app which will make whole-home monitoring possible for the four critical networks of a home — water, air, energy and security.

Home security and entertainment is converging

The forming of an important industry trend not to be missed or overlooked
 - 
10/29/2019

With the ever-increasing access to smart technologies, consumers are expecting more than ever from them. This of course includes home security; homeowners expect an easy-to-use, reliable security system.

Heading to Resideo Connect 2019

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Wednesday, October 23, 2019

As the weather cools off here in Texas, I’m heading to the desert — Phoenix, Arizona to be exact, for some (more) sun and warmth, but most importantly to join Resideo at the CONNECT 2019 dealer’s conference. It’s here that I’ll learn all about the connected home – security, HVAC, plumbing and more — and bring all that knowledge to you! Below is a description of all that you can look forward to in the coming days. 

The Partner and Innovation Showcase offers the opportunity to meet with the Resideo team to see their latest technologies in action. On Thursday, Oct. 24, I’ll be tweeting about the latest and greatest connected/smart home technologies offered by Resideo @SSN_Ginger, so be sure you’re following me as well as our hashtag #SSNTalks. 

On Friday, Oct. 25, I’ll bring you tid-bits of information via Twitter from Scott Harkins, VP/GM, Connected Home, Resideo, on how energy, water, air and security provide new opportunities to drive additional revenue and how you can become the smart home hero and expert, presented by Quentin Gunther and Rick Desch, both from Resideo. Also, Bruce Kimbrell of the Disney Institute will be presenting on how to inspire employee engagement through a culture of effective feedback and empowerment.

On Saturday, Oct. 26, I’ll be heading back to Texas, but before I do, Resideo VP/GM, Global Pro Security, Alice DeBiasio will talk about the booming smart home market, forecasted to include approximately 1.3 billion devices by 2022. With the majority of consumers saying they’d choose to have their smart devices installed by a professional versus installing themselves, this is must-have information to create your smart home strategy within your business. This will be followed by how-tos from Jen Tagle of Resideo about selling video alarm verification — how to design, demo and price it to stay ahead of your competitors, create a higher RMR and provide priority police response to your customers. 

Again, be sure to follow me on Twitter @SSN_Ginger as well as Security Systems News’ hashtag #SSNTalks to be the first to see what’s going on at Resideo Connect 2019. 

State of the physical access control market, part II

Market gaps and strengths, and a future look into physical access control
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10/02/2019

YARMOUTH, Maine—Security brands and companies offer varying technologies, products and services within the physical access control (PAC) market today; therefore, all security companies and professionals must work extra hard to stay relevant.

Global smart home market still growing

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Wednesday, September 4, 2019

The global smart home market is forecast to grow by nearly a factor of five to reach more than $192 billion in 2023, up from $41 billion In 2018, according to the latest Smart Home Device Database from IHS Markit.

The research firm noted that the United States led all countries in 2018, representing about 35 percent of global market revenue. China was second, accounting for an 18 percent share.


The fastest-growing device types in the market include lighting, smart speakers and connected major home appliances, according to Blake Kozak, principal analyst for IHS.

“The brilliance of the smart home is that it can be molded to suit the requirements of any kind of consumer, from the strictest demands of power users to the simplest automation needs of dabblers,” said Kozak. “Irrespective of consumer tech-savviness, the smart-home market has bourgeoned into a consumer technology heavyweight, eager to move beyond the basics of security and single-family homes and into uncharted opportunities. However, these uncharted opportunities are coming with concerns about privacy and the technology’s readiness for primetime. The remainder of 2019 and start of 2020 will be a pivotal time for the smart-home market as companies and service providers fine-tune their strategies and reposition to compete with the smart home juggernauts — as well as newcomers looking to upend the status quo.”

Smart-home companies look to future opportunities

Kozak pointed out that companies looking to make waves in the smart home market include IKEA and newcomers such as Wyze, which offer ultra-low-cost devices.

He added that major players also will make pivotal strategy changes to enhance their competitiveness, with examples including Google, which recently ended its  “Works with Nest” program. In another example, he pointed to Amazon Alexa, which achieved compliance with the Health Insurance Portability and Accountability Act (HIPPA).

“For its part, Ring is launching into the small-medium businesses (SMB) segment,” said Kozak. “Comcast will focus on its Xfinity platform and hone its strategy around content deployment. Meanwhile, Centrica, which offers the Hive smart home, plans to focus its platform on energy and services.

Software, analytics and partnerships

A brief hiatus in hardware development has prompted smart-home companies to make advancements with software, analytics and acquisitions/partnerships, according to IHS. However, Kozak noted that another hardware push is set to arrive soon, with the arrival of new smart speakers from Google, Apple and Samsung as well as offerings for insurance companies and apartment complexes.

US smart-home penetration rises, despite privacy concerns

Although the U.S. smart-home penetration exceeded 38 percent in 2018, IHS said the market’s further progress could be impeded by privacy concerns, which is why IHS is advising technology providers to take steps to alleviate consumer apprehension.

“Rapid innovation often breeds speculation and mistrust,” Kozak said. “Because of that, smart-home companies should be as transparent as possible regarding data usage. They also should focus on edge-based processing, which reduces the need for cloud-based computing systems that send private data over the internet. The smart home should also make greater efforts to comply with standards and regulations for sectors such as security, healthcare and senior care. By having more standards and regulations in place, innovation in the smart home will be less a source of anxiety for consumers and instead become a cause for optimism and a fulcrum for peace-of-mind.”

The IHS Markit Smart Home Device Database assesses the market for smart home devices including unit shipments, installed base, housing type, route to market, system type, connectivity type, network controller, country/sub-region and market shares.

American Defense Systems acquires Direct Protect Security and Surveillance

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08/23/2019

DALLAS—On Friday, August 16, 2019, American Defense Systems of Dallas acquired Direct Protect Security and Surveillance out of Costa Mesa, CA. Direct Protect has provided smart home solutions to residents and businesses in over 13 states for approximately 10 years.  

Resideo acquires LifeWhere

Smart home company focuses on preventing HVAC and appliance failure
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07/08/2019

AUSTIN, Texas—Resideo Technologies Inc. announced it has acquired Pittsburgh-based LifeWhere, which uses machine learning and analytics to predict potential failure on critical home appliances, such as water heaters, furnaces and air conditioners.

Guardian Protection teams up MiLB, becomes official smart home security partner

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06/21/2019

PITTSBURGH and ST. PETERSBURG, Fla.—Security solutions provider, Guardian Protection, recently announced a new partnership with Minor League Baseball™ (MiLB™) to become the “Official Smart Home Security Partner of MiLB” and the “Preferred Partner” of targeted MiLB teams across the country.

The race to control the smart home

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Wednesday, June 19, 2019

The battle for the smart home has raged on for quite some time now, with the big players like Amazon, Google and Apple making major plays to dominate the space. But, with the smart home market flooded with a ton of IoT devices — and many more to come — the new race is to see who will come up with the go-to platform to make all of these devices work in perfect harmony … I can dream, can’t I?

A new Parks Associates research report — Race to Control the Smart Home Ecosystem: Attracting Partners — looks at this dilemma, and finds that adoption of connected point solutions and the advent of smart speakers will drive demand for platforms to coordinate and centralize control of smart home products and capabilities in U.S. households. The report reviews the strategies of major smart home platforms in the consumer electronics and security industries and their approach to attracting manufacturers to their ecosystem.

"The percentage of U.S. broadband households highly familiar with smart home platforms increased across all platforms from the end of 2017 to the end of 2018," Chris O'Dell, research associate, Parks Associates, said in the announcement. "Amazon Alexa and Google Assistant saw the biggest jumps of all listed platforms, so voice control is a key factor in driving consumer interest in the smart home and the adoption of multiple devices per household."

The report states that as device adoption continues to increase each year, smart home platforms will help establish order out of the chaos that comes from the steady influx of connected devices in consumers' homes. According to Parks Associates research, 28 percent of US broadband households now own at least one smart home device, and device-owning households own an average of six devices in their home.

"Companies competing in the smart home ecosystem can leverage platforms to provide a reliable, interoperable ecosystem with a simplified user experience and deliver expanded value through enhanced features such as cloud intelligence and data privacy and security," O'Dell said.

When implementing a smart home ecosystem in their home, consumers care less about name brands of key devices and more about a seamless experience where all devices in the ecosystem work together smoothly, Parks found, noting: “Consumer preferences favor vertically aligned players, such as Comcast and Vivint Smart Home, which have introduced their own branded devices to optimize the experience on their platforms while also maximizing profits.”

Additional questions addressed in the report include:
•    Who are the major smart home ecosystem players by category?
•    How is the rise of voice-first control platforms affecting smart home ecosystems?
•    How can smart home ecosystems help the smart home industry overcome interoperability issues and concerns?
•    What are the smart home platform strategies of the leading CE and security industry players?
•    What approach are these companies taking to attract manufacturers to their ecosystem?

For the complete report, click here.

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