Tipping point in consumer IoT

The smart home and smart heating sector is reaching the stage of crossing the chasm from early to mass adoption. The industry is being driven by vertical category leaders and smart home platforms from global internet companies, by the transformation of energy companies from commodity providers to energy service companies, as well as regulatory shifts and new legislations that promote energy-efficient buildings in which smart heating can play a big role.

Ecosystems rather than closed platforms

For a truly great user experience companies need to collaborate and work together for the greater good. Companies with closed smart home platforms and a variety of proprietary products are falling behind. Global platforms like Amazon Alexa, the Google Assistant, and Apple HomeKit are increasingly dominating the market and a large part of their success is due to their drive to integrate and work closely with leaders in the fields of climate management, security, entertainment, lighting, safety and more.

There is no Planet B

There is no doubt that to reduce our C02 footprint and meet our climate goals, smart heating and cooling have a big part to play. 79% of total energy use in EU households stems from heating and hot water*, while using smart thermostats like tado° can save up to 31% of a home’s heating use. The connectivity of heating and air conditioning in combination with intelligent algorithms is resulting in a paradigm shift.

Smart heating and cooling can also revolutionise the way energy is stored and distributed to reduce wasted power and more efficiently manage national grids. We will soon see possibilities open up for consumers and businesses to shift their energy load and demand over the day to counter peak demand and cost. This flexibility provided to the energy grid paves the way for more renewable energy without the need for backup power plants. In the future our consumption will need to react to when the sun shines or the wind blows.

For the consumer these amazing productivity gains will seamlessly work in the background for maximised comfort and savings at home; businesses will also benefit from lower overheads; while the environment will be the biggest winner of all.