Smart Homes

Episode 70

This episode is a recording of the panel discussion and the panelists are Bob Wurdec from ilumi, Gene Han from Target, Upal Gasu from Nokia Growth Partners and JP Abello from Nielsen.
Listen to this podcast (or read the transcript) where Bruce moderates the panel, Show Me the Money – Creating Value from Connecting Things at the Smart Home Summit 2016 ...

Episode 62

Repeat this mantra: Privacy by Design, Privacy by Design. Although, Security by Design is a best practice followed by IoT companies in the know, its business counterpart, related to risk, isn’t chanted nearly as often as it should be. Privacy by Design should be repeated with every second breath. In this episode of the IoT Business Show
Listen to this podcast (or read the transcript) where I speak with Paul Plofchan about Privacy by Design and other privacy best practices ...

Episode 59

The smart home or connected home makes life good. Comfortable. Reminiscent of the Jetson’s in many ways. But business models aside, today’s big question, at least for me, is if it really is a DIY (do it yourself) market as it’s currently being betrayed.
Listen to this analysis episode (or read the transcript) with Bruce Sinclair where he discusses how going beyond home automation makes life good, and the DIY/SI question ...

Episode 55

Smart products are roughly 10x the cost of dumb or regular products and that’s a problem. It’s for good reason though, to make these products smart requires a lot of tech and infrastructure that needs to be paid for somehow. This will only be solved by new business models and not the types of business models we’re used to in enterprise IoT.
Listen to this analysis episode with Bruce Sinclair where he discusses the issues of pricing smart products and new business models that can help ...

Episode 54

IoT consumer products are more expensive than their traditional counterparts, often by order of magnitude. Not good but makes sense - the tech needs to be financed. But however innovative the products are, higher pricing will cause a headwind. Part of the problem is consumer IoT products are still being sold with traditional product business models.
Listen to this podcast (or read the transcript) where I speak with Nate Williams about the opportunity to innovate consumer IoT business models ...

Electric Imp sells product connectivity as a service to OEMs who want to connect, operate and manage their devices from the cloud. While starting in consumer IoT, particularly home automation, they have found their current sweet spot to be in industrial IoT.
Watch this video (or read the transcript) to see Bryan Kennedy explain that the true value of connected products isn’t from the connectivity but from transformation changes it can have on your entire business ...