Insurers, does your strategy encompass the connected home?
"Escape of Water" solutions including hardware, software and digital platforms? Sensors, IoT and planned & preventative maintenance? Security and health monitoring?
Evidence galore in this comprehensive report from TechUK to make sure your plans are viable.
Technology solutions abound but, as always, people and emotional motivation are barriers and catalysts to progress not to mention the cost of sensors and other hardware.
Read this report to help plan Connected and Smart Home Strategies
Despite the proliferation of devices and awareness, there are several barriers preventing the seamless development of fully connected homes. These include: A lack of clarity on the most suitable business models for connected home services and technologies – 80 per cent of respondents expected to pay only once for a connected device with no further recurring costs. Concerns around price (39 per cent), privacy (22 per cent), interoperability (16 per cent) and security (15 per cent) were cited as barriers to choosing a connected home service or device.