Spark
Context
Recommendations
Abundant Data Leads to Value Opportunities through Home Services
Stakeholders Are Developing a Framework of Connectivity in the Home
A Diverse Landscape of Emerging Home Services
ADT Inc. Command & Control: Interactive Services
Google Nest Aware: Video Analytics Services
British Gas Boiler IQ: HVAC Performance Monitoring Services
Quby Toon: Energy as a Service
Hive Link: Independent Living Services
Apple Watch: Fall Detection and Health Services
Amazon Key: Delivery Services
Tokyo Electric Power Company: Smart Home Services
Service-Based Business Models Present Opportunity in Theory but Realization Remains a Challenge
Stakeholders Shift Focus from Hardware Sales to Services
Realizing Service Opportunity Is Difficult
Amazon Key and Hive Link Demonstrate These Challenges
Limited Traction with Home Services Could Lead to New Market Dynamics
Smart Home Vendors Must Continue Exploring Ways to Balance and Diversify Revenue Streams
Stakeholders Must Ensure Solutions Operate Seamlessly
Security and Interoperability Must Be the Top Priority
Focus on Introducing Services That Are a Necessity, Not Merely a Convenience
Target Customers with Services for Emerging Markets
Stakeholders Banking on Services Must Have A Long-Term Strategy to Withstand Difficult Markets