Lowe’s portfolio of connected products will enable customers to remotely monitor and control their homes from any mobile device. The new services will allow customers to control thermostats, locks, lighting, and appliances. Customers can also monitor and protect their homes with video cameras and door, motion, and fire sensors. Iris will be a system that will offer simple, scalable solutions at price points attractive to the mass market.
This is an exciting development in the connected home space, experts in emerging consumer technology products and services. While there have been various simple applications such as remote management of HVAC systems that have delivered significant savings, until now, there have been few comprehensive offerings aimed at the mass market. Lowe’s new Iris product and service platform has the attributes needed to break down these barriers and reach the consumer with a scalable solution at an affordable price, and it should position the company as a formidable leader in this space.
The launch of Iris affirms Lowe’s commitment to constantly improve its customer experience and its business.
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