Utilities in the Orange and Rockland (O&R) are are to invest $7.3 US million over the next three years in a smart grid pilot. This encompasses about 14 circuit areas within Rockland communities which stretch from Suffern to Nyack. The circuits within these areas are to receive new smart grid communication switches and other “intelligent” devices that will improve the overall reliability of Rockland electric grid.
Research done by Strategy Analytics indicated that this is a good time to inter the market for interactive security services and remote monitoring. According to them these services are predicted to worth $1.6 billion in the next five years, in Western Europe alone and a combine total of $11.9 billion with the US. The Strategy Analytics Smart Home Strategies Advisory Services report titled, “Interactive Security: Market Outlook and Competitive Landscape”, looks at both markets up to 2018.
In a new report examining the global deployment of smart grid technologies and services from the perspective of growth and market share, GTM Research is expecting Smart Grid Market to Surpass $400 Billion Worldwide by 2020. The report looks at the trend of the smart grid market for the next seven years (2013-2020). GTM are predicting an average compound annual growth rate of over 8%, with China being the largest smart grid market in the world, accounting for over 24% of the global market.
Savant is offering home owners more flexibility in managing our lighting, with the introduction of its Wi-Fi smart lighting control system. SmartLighting can be used as both a standalone lighting control platform or as part of a complete Savant automation system. Each Wi-Fi keypad has its own dimmer that let you manage it individually from your phone app or as part of a larger Savant home control system.
Perceptive Automation, the leading provider of Mac-based home automation software, today announced the immediate availability of Indigo 6, an update to the company's intelligent home control and automation server for Mac OS X. With Indigo, users can easily monitor and control lights, appliances, thermostats, lawn sprinklers and dozens of other items found in the home, thereby helping to reduce energy usage.
From a hobbyist activity, home automation has gone mainstream creating a market worth billions of dollars. To prove it and to fly the flag for the sector, this month Control4 was list on the Nasdaq stock exchange (CTRL) as a purely home automation solution company. Today the company is worth $500 million and with its stock trading around the $20 mark, but looking back how did a company selling geeky solutions got this far.
Due to release this autumn, the Revolv home automation solution promises to change the way we manage our connected home appliances. The company - previously Mobiplug Networks Inc but now Revolv said those interested can pre-order the package which comes with the Revolv Hub, Revolv App which feature remote access plus GeoSense automation. For only $299 you can manage your Sonos, Hue lighting, Yale automatic locks, and more, all from a single app.
Home automation and the devices that support this solution have had a lot of bad press over the last two weeks. As a supporter of the products and the technologies to goes into it to make it all possible, personally I was embarrassed by it all. From a professional standpoint I can see the benefit of highlighting these issues and a lot coming out of it. Home automation and smart home solutions have come a long way since 1933 when it was a theme at the 1933 Chicago World’s Fair.
The smart grid market is expected to be a major growth area over this decade to 2020, based on research done by Navigant Research. In their report titled “Smart Grid Technologies”, they expect the smart grid market to worth $73 Billion in annual revenue by the year 2020 from today’s $13 Billion. Another interesting prediction is that Mexico smart grid market alone will worth about 10 per cent of world the world’s annual revenue.
Eutelsat Communications said it has successfully completed the first phase of development of a 'smart LNB (Low Noise Block)' for a Direct-to-Home antenna that opens the door for broadcasters to operate their own ecosystem of linear television and connected TV services directly by satellite. The 'smart LNB' is now entering into the industrialisation phase in advance of commercial availability in 2014.