Providing market intelligence for more than 35 years

The Motley Fool

Can Lowe's Outfox Apple and Google in the Connected Home?

I was able to chat with Tom Kerber recently about Lowe's and its strategy in this space. Tom is the director of research in the areas of home controls, energy management, and home networks for Parks Associates.

He says Lowe's is employing a different business model in the home automation market, one that allows consumers to buy an inexpensive kit and begin connecting their home on an incremental basis. In all, the Lowe's Iris system expands to motion sensors, HVAC control, lights and other plugged-in devices, wireless video cameras, water leak detectors, door locks, sprinkler systems, and even hose faucet timers.

From the article "Can Lowe's Outfox Apple and Google in the Connected Home?" by Rex Moore.

Previously In The News

Dish Network Continues to Make Money Despite Customer and Employee Hatred

"In 2014, U.S. cable, satellite, and telco TV are expected to end the year with 103.1 million subscribers, up just a smidge from 102.5 million last year, according to a new study by Parks Associate...

Is There Any Growth Ahead for Pay-TV Subscribers?

Research from Parks Associates suggests pay-TV in the U.S. for 2014 will grow slightly, ending the year at about 103.1 million households buying services, up from the 102.5 million subscribing to p...

It's Not Just iPads and iPhones Selling Well for Apple This Holiday Season

Apple desktops are the most sought-after desktop computer this holiday season, according to market research firm Parks Associates. This is a first for Apple, according to John Barrett, director of...

FDA Clearance for Cloud-based Telehealth Solution Enables Wide-scale Adoption, May Reduce Deployment Costs by Up to 50 Percent

The newest remote care management offering from Care Innovations™ is now FDA-cleared to take healthcare into the home and beyond via a web-based patient platform, while also offering tools to engag...