Doomsday didn’t happen. For all the concern many security dealers have shown in recent years — particularly about the rapidly changing residential market — all indicators seem to finally point to what was always the hope in the midst of the fear: that all the new entrants, technologies and business models would start to grow the pie for all.
Is the smart home market maturing and stabilizing, showing a clear path forward for security dealers wanting to capitalize on the new desires of homeowners to interact with many areas of their home life, including security? Not exactly. But there are definitely signs that it has moved to another level of adoption and interest, making the time ripe for action on the part of those who want to adjust their business model to capture opportunities and revenue in this fast-growing space.
Call it analytics, big data, business intelligence, machine learning, AI, or something else — these terms are not interchangeable, but in today’s security landscape they are often used to mean approximately the same thing: the idea that you can take traditional security technology (video, access control, intrusion, etc.) and expand its use to benefit the business side of whatever customer you are applying it to.
Security dealers increasingly are offering smart home devices such as smart lighting control, smart thermostats and smart door locks to their customers. By taking the right precautions, dealers can help ensure that those devices enhance the customer’s lifestyle without posing cyber security vulnerabilities.
Control4 Corporation, a global provider of smart home solutions, is advising customers the company will embrace “Works With Google Assistant” and is developing new Nest drivers in cooperation with Google’s certification standards.
On Friday, August 16, American Defense Systems (Dallas, Texas) acquired Direct Protect Security and Surveillance out of Costa Mesa, Calif. Direct Protect has provided smart home solutions to residents and businesses in over 13 states for close to 10 years.
In our February issue we present our 2020 “State of the Market: Video Surveillance” report. Also, find out more on "The Cloud is a Win-Win for Security Integrators & End Users". Read about the "Uncommon Ways to Use Video Management Systems " and discover the latest and greatest products.