Insurers amongst others look to the connected home to anticipate and avoid accidental damage like "Escape of Water" and increase security to deter theft.
Technology solutions abound but as always people and emotional motivation are a barriers to progress not to mention the cost of sensors. Smart Appliance interoperability and security a challenge.
Read this report to help plan Connected and Smart Home Strategies
Despite the proliferation of devices and awareness, there are several barriers preventing the seamless development of fully connected homes. These include: A lack of clarity on the most suitable business models for connected home services and technologies – 80 per cent of respondents expected to pay only once for a connected device with no further recurring costs. Concerns around price (39 per cent), privacy (22 per cent), interoperability (16 per cent) and security (15 per cent) were cited as barriers to choosing a connected home service or device.
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