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September 03, 2018
With a smart city the whole is greater than its parts. This holds true for the smart home, too. In today’s world of smart homes, IoT and smart cities, the network, wireless connectivity and data rule. As Parks Associates stated, “Smart cities are one of the most promising 5G use cases — although most cities pursuing smart solutions are currently in the testing phase, massive IoT deployments are already beginning to roll out. Top smart city applications include smart street lighting, utility metering, traffic management, and parking management. Cities that roll out this technology expect to see cost savings over time with regards to reduced energy expenditure and greater operational efficiencies.”
From the article "Smart Cities & How They Might Interface With Smart Homes" by Helen M. Heneveld.
Even though major commercial security companies like ADT are still leading the home security market, low-cost solutions are on the rise and retailers play a major role in their adoption. According to...
Security breaches cost a lot of money. In the U.S., the average data breach costs $5.4 million. The average cost, globally, of a compromised record rose 9 percent in 2014 to $145; costs in the U.S. ro...
Finally, another contributing factor to the in-home renaissance is the growth of smart-home adoption. According to Parks Associates, 19 percent of U.S. broadband households plan to buy a smart major a...
“Consumer concerns about data privacy and security, including both the unauthorized hacking of devices and theft of device data, consistently rank as one of the leading concerns about connecting devic...
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