The Business Times
SUBSCRIBERS

The next tech battleground - your home

With Apple TV, Nest appliances and the likes, the tech giants are vying for early dominance

Published Sun, Jun 7, 2015 · 09:50 PM

Washington

VISIONS of the smart home - a house that can set its own thermostat, schedule its own lights and preheat its own ovens - are fast-becoming a reality. The technology is becoming smaller, faster and cheaper, opening new opportunities for transforming everyday objects.

In a report last week, International Data Corporation projected that the "Internet of Things", the industry term for this web of connected products, will generate US$1.7 trillion in spending by 2020 - an astonishing number considering it was almost non-existent five years ago.

Jumping on that wave is a no-brainer for companies, which are trying to convince consumers that everything could be better with a chip. There's a buffet of options out there. Right now, for around US$200 you could pick up a smart thermostat that lets you control your home's temperature from anywhere. You can pick up packs of sensors to make any outlet "smart" f…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here