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It was almost two years ago when I wrote my first Smart Insights article touting the arrival of the smart home and likening the elements of the smart home to pieces of a puzzle that needed to be solved. Since then, that market certainly has exploded. The smart home and smart office are here to stay.
Some folks may not know it but I started my own integration business, The Automation Link Inc. (TALI), in 1989 and put on the side of my van, “The Leader in Home Automation.” I was 20 years ahead of my time.
The word smart has been partnered with high-tech for many decades. I remember Inspector Gadget and his handy Swiss Army-like devices. Or what about The Jetsons and their time-saving contraptions to help them get dressed? And the old TV show, Get Smart, with a wireless phone in the bottom of a shoe? And of course, the smart home.
One of the hottest topics for discussion with many opportunities emerging around it is the Internet of Things, or IoT. It’s not just change or progress. It has the potential to disrupt and, in many instances, already is disrupting work, home, travel, play, and just about every facet of our lives. But what is it and what does it mean for the security industry — in particular, your business?
It’s been bandied about for 30 years — just about as long as I’ve been in this industry — but it’s still a hot topic and I have yet to see a solid solution. Interoperability is a key issue that keeps coming up.
Technology is also able to keep people living at home without moving to a care facility. This has led to the “Aging in Place” movement and it is gaining momentum given the explosive growth of the senior population.
Do you say, “Networking scares me. We’re a security company; we protect people and property”? If so, then read on, because it’s time to adapt or become history.
The name of the game is RMR, which of course stands for recurring monthly revenue. With this dependable revenue stream, many companies have weathered tough economic times and flourished when times were good again. The security industry knows this best of all.
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