Just as enterprises are loathe to buy new infrastructure without sound business reasons, consumers can be unwilling to invest in the growing number of smart-home solutions if they don't perceive measurable benefits.
Unfettered by latency worries, today's ultra-broadband networks allow users to attach multiple devices -- ranging from typical laptops, phones and TVs to newer Internet of Things products such as thermostats, appliances and home controls. But for these devices to become ubiquitous, consumers must find them valuable and useful.
Already, about two thirds of homeowners with houses valued between $250,000 and $500,000 plan to purchase smart-home technology in the next 12 months, according to NTT Data Services research, released in May 2017.
By demonstrating the return on investment, service providers encourage the adoption of additional smart-home solutions and high-speed ultra-broadband services. By partnering with IoT vendors, operators add convenience to the equation. And by sharing use cases, the entire smart-home ecosystem and consumers benefit, by saving money, curtailing energy use and enhancing security.
Read on for examples of how smart homes add up to smart business -- for both service providers and their customers.
With its multi-year investment in next-generation PON beginning to show a return, Verizon's Intelligent Edge Network is now a reality, CEO Hans Vestberg told attendees of the Verizon 2019 Investor Meeting today.
Tune in to Broadband World News Radio on February 14 at 11 a.m. ET / 8 a.m. PT / 4 p.m. UK when John Isch, Practice Director of the Network and Voice Center of Excellence at Orange Business Services, discusses use cases, ROI and misconceptions of software-defined wide-area networks, virtualization and cloud.
Consumers are buying millions of IoT devices, from smart thermostats and security systems to intelligent entertainment setups and furniture. Yet many of these devices remain isolated because home users are uncomfortable connecting them to each other – or even their WiFi. After all, their WiFi network was probably designed only to handle a few laptops, a gaming system and a couple of smartphones. Now, demand on the network is surging and even though you're delivering 100 Mbps to 1 Gbps, that doesn't necessarily mean the broadband power is in the right place or reaches every corner of a home.
Even if WiFi coverage is sufficient, typing is not on trend. Voice is far more natural, easier and faster. Using a TV keyboard is archaic when more and more households have access to cloud-based voice services, like Amazon Alexa. This webinar will explore how service providers can create a comfortable, truly smart home for consumers – simultaneously driving up margin and loyalty.