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So far Senteri has created 10 blog entries.

Growth in Smart Home Devices

Connected homes, or smart-homes as they are commonly referred to are part of a larger market segment called the Internet-of-Things, or IoT for short. The IoT is simply everyday devices being connected to the Internet and therefore becoming “smart”. Smart homes are homes in which common everyday items such as thermostats, door locks and lighting are connected to the Internet thus allowing for interaction and control by the end-user consumer. As smart-home technology expands and price points lower, an entirely new spectrum of functional smart-home devices is entering the market and forever changing how consumers interact with their property and possessions. There are numerous market studies on the growth of the IoT and associated smart-home devices and all of these studies point to tremendous growth that outpaces any prior technology adoption cycle including personal computers and cell phones. The following chart from IoT Analytics presents the connected device forecasts from 6 different sources including; Cisco, Ericsson, Gartner, HIS Global Insight, ABI research and IDC. These various reputable forecasts peg the number of connected devices at between 20B and 50B by the year 2020.

Technology Transforms How Insurers Calculate Risk

SAN FRANCISCO — The world is a dangerous, unpredictable place — not a bad thing, perhaps, if you’re in the business of selling insurance, making loans or figuring out ways to prevent mishaps. But these days, technology is changing some of the calculations around risk, whether for car insurance, life insurance, flood insurance or even vacation-related accident insurance, and slowly but surely disrupting the financial core of the insurance business.

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Smart Home Ecosystem and Consumers

A new type of home management, safety, and surveillance devices is emerging.Dubbed smart home devices and systems, this new type incorporates the capabilities inherent in IoT and provides enhanced benefits for one or more categories pertinent to managing the home. What began as a trickle of products, has morphed to a steady stream of smart home device and system introductions. Starting with networked security taking advantage of broadband capability for surveillance of one sort or another to, more recently, smart thermostats coming fromstart-ups as savvy as Nest, and smart garage door openers from stalwarts such as Chamberlain, products are smart and connected.

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Internet­ of ­Things Security

Introduction Internet­ of ­Things (”IoT”) devices are poised to become more pervasive in our lives than mobile phones and will have abilities to control critical hardware and have access to sensitive personal data. As the number of connected IoT devices constantly increases, security concerns are also exponentially multiplied. In light of the functions IoT devices have access to, it’s important to understand and mitigate their security risk.

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Smart-Home, no need to wait for the magical common platform.

Most smart-home product vendors have Application Program Interfaces (API’s) that allow for sharing data and commands between products at the backend software level.  Since by definition a “smart” product is connected to the Internet, information can shared between software systems that don’t require any hardware compatibility within the home at all. Senteri takes full advantage of the various smart-home product vendor API’s to connect with and share data with a large variety of products.  This allows for a rich data set to be collected without any device interconnectivity at the local property level.  Consumers can benefit from a multitude of smart-home products that each have their own purpose and insurance carriers can benefit by knowing which products are installed, operational and even streaming data to the extent the API’s allow and consumers consent.

Smart home technology may provide insurance benefits

Smart home technology is increasing very quickly in popularity. According to a March 2016 study conducted by August Home and Xfinity Home, the U.S. market is expected to double in the next 12 months, meaning by this time next year smart home technology should be present in 30 million homes. The survey found the most popular smart home products to be a connected camera and a video doorbell, with family safety and convenience being the two largest reasons motivating people to adopt smart home technology.

Link to News Article

Why Cellular vs Wi-Fi

HomeClub Specialty Products, why Cellular vs. Wi-Fi Senteri’s proprietary HomeClub wireless sensor system utilizes a cellular Hub vs Wi-Fi. This design specification was required by our first insurance carrier partner that insisted on a cellular system with a backup battery primarily to ensure that the HomeClub Hub continues to work when power is lost to the property. It is during power-outage situations that it is often most important to keep tabs on the property and understand to the extent possible what is or has happened. The HomeClub Hub itself, since it is plugged into a power outlet, is able to monitor power status of the property and report when power is lost and when it is restored to the property. This is valuable knowledge for residents and property managers. The HomeClub Hub also monitors temperature so conveniently reports on indoor and outdoor temperature along with power status of the property thus providing baseline value to the consumer. Some other benefits of cellular vs. Wi-Fi include:

Smart Home Survey Jan 2016

The year 2020 has long been a benchmark for when the smart home will finally be mainstream, but according to the results of the Smart Home Marketplace Survey from Coldwell Banker Real Estate, that time may come sooner than we originally thought. The survey polled more than 4,000 U.S. adults in advance of CES 2016, revealing that homeowners are willing to pay extra to “smart stage” their home as well as what Americans think when they hear “smart home.”

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2015 State of The Smart Home Report

In the spring of 2015 Icontrol Networks surveyed 1,600 consumers (1,000 from the United States and 600 from Canada) for our second annual State of the Smart Home report. Our inaugural report last year offered an honest look at drivers and barriers to smart home adoption. The 2015 report shows changes to these adoption indicators and examines consumers’ attitudes towards the smart home, their levels of intent to purchase connected devices, and their desires and concerns about owning ‘connected’ technology.

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IoT Market Size March 2015

This report is aimed at IoT professionals who are looking for a detailed understanding of the Internet of Things market, segments, and forecasts Executive summary 1. General market forecast (devices): For every person living on earth, there will be at least 2, maybe even 6 connected “things” by 2020 2. General market forecast (revenue): Revenue opportunities for companies are larger than combined revenues of Apple, Google, and Facebook today. 3. General market forecast (economic impact): IoT value to surpass the economic output of Germany within the next 10 years 4. Segment-specific forecasts: Manufacturing and healthcare the biggest opportunities 5. Segment-specific surveys: Oil&Gas and home automation stand out

Link to White Paper