BUSINESS INSIGHTS : The latest news, analysis, and trends about protection and care

Jan 13, 2018,  by Allianz Partners Business Insights

Home automation: Smart homes with connected products set to make our lives more comfortable

According to Ashish Gulati, Country Manager at Telit India, home automation is a sector that will particularly suit the development of IoT.

smart home


Automation is forging ahead in all fields at the moment, and nowhere more so than in home automation – a group of new technologies which can automate most tasks around the home. In an article in the Financial Express, Ashish Gulati, Country Manager at Telit India, explained how devices in smart homes are intrinsically linked to the Internet of Things (IoT).


Fundamental link between smart homes and IoT


According to Gulati, computerised automation will be the key to creating a link between human capacities – which are limited - and the vast possibilities that technology has to offer. Automation of this kind will see data instantly collected and transmitted between devices, and simultaneously analysed, thus making home automation an ideal sector for IoT.

Home automation systems can be steered remotely via a computer, a smartphone, a tablet or other device. Modern homes are automated via the Internet and household devices are remote-controlled. User commands on the Internet come via Wi-Fi modems, and the micro-controller has an interface with the modem. The system’s status is shown on an LCD screen, along with system data. This is typically a home automation system based on IoT, meaning that all household devices can be controlled.


From the smart home to the smart city


The smart home market is currently on the rise, as the prices of IoT systems go down and the general public begins to take on board all the advantages that these products have to offer. Smart lighting, televisions and wearables will likely therefore multiply, and according to Gulati, the next stage will be the development of smart homes into smart cities – a step up as far as IoT is concerned.

Nevertheless, smart homes are likely only a minute part of what IoT is set to transform in our daily lives in the years to come. Gulati even goes so far as to predict there being no fewer than 30 billion connected devices by 2020, representing a huge opportunity for the development of new services and businesses.


India keen on IoT


In India, almost 22.5% of consumers surveyed said that they are now familiar with the concept of the Internet of Things, particularly those in the 36-55 age category, demonstrating that there is an enormous target market for technology of this kind to become more widespread. 

Gulati believes that its development will be aided by wireless automation solutions and by the fall in prices linked to home automation becoming more common. He foresees rapid growth in the segment as 2020 approaches, which will be a boon not only to Indian home automation companies, but also ones from abroad. In his opinion, home automation’s increasing popularity, coupled with M2M (machine-to-machine) communications, will see the appearance of billions of new connected devices over the next five years, and even beyond.


Allianz Partners

Linked Topics
About Allianz Partners Business Insights