Jan 27 2007
Do you fancy having a smart-home just like Microsoft’s (Nasdaq: MSFT, stock) Bill and Melinda Gates’s in Medina, Washington? Instead of paying over $100 Million hiring the same contractor as Bill’s to do the same to your home, now you can have it for a mere $10 a month.
If you’re staying in U.S. you might want to check out this facility with AT&T’s (NYSE: T, 
stock) remote home-monitoring service which allow you to control home lighting and appliances via live video, viewable on Cingular Wireless phones or their PCs. Talk about Cingular, I know what you’re thinking – that’s the famous name mentioned repeatedly by all the Apple Inc.’s (Nasdaq: AAPL, stock) fanatics over the iPhone gadget.
stock) remote home-monitoring service which allow you to control home lighting and appliances via live video, viewable on Cingular Wireless phones or their PCs. Talk about Cingular, I know what you’re thinking – that’s the famous name mentioned repeatedly by all the Apple Inc.’s (Nasdaq: AAPL, stock) fanatics over the iPhone gadget.According to research firm Frost & Sullivan (reported by CNNMoney), smart home market is valued at a staggering $1.3 Billion and expected to increase to $10 Billion worldwide by 2010.
Some companies such as Control4, Cortexa Technology, and Exceptional Innovation are already targeting real-estate developers to automate new homes with set-top box, central touch-screen, wireless cameras, and sensors.
Elsewhere, Motorola (NYSE: MOT, stock) partnered with New York City-based Xanboo on a product called Homesite, which cost $220 and let users monitor their homes on cell phones back in 2005. Palo Alto-based iControl Networks raised $5 million from Intel Corp (Nasdaq: INTC, stock) Capital and VC firm Charles River Ventures in April 2006 and launched its first product – a $400 starter kit and a $15 monthly service that provides PC and cell-phone access to a home-monitoring system.
If you’re living outside of U.S. then you are at the mercy of your local mobile operators. The next region to be implemented could be Europe but I’m not discount the possibility of some Asia countries such as China, Korea and Singapore being ahead with this cool service. So, if Singapore Telecommunications Limited (SIN: Z74), Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051), DIGI.com Berhad (KLSE: DIGI), China Mobile Ltd. (HKG: 0941) or China United Telecommunications Corporation (SHA: 600050) is listening, you know what your customers want, so start preparing the necessary infrastructure, will you?
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January 27th, 2007 by financetwitter
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