Much that is written about home automation focuses on the consumer benefits of IoT, but there are also potential for manufacturers investing in building smart devices to save themselves money in the long run.
Andy Lau, executive director of SAS Dragon Holdings Limited which specialises in marketing of digital products, illustrated this point by using the example of the air conditioner, “How many buttons are on your air conditioner remote? How many of those do you ever actually press?” He asked.
A smart air conditioning system allows manufacturers to capture consumer behaviour and habits, for example which buttons they are using on the remote to redesign and simplify the product. The remote can be personalised and customised for different markets he said.
“If I capture the data I can make an even smaller remote control. The design is much cheaper and user friendly,” Lau said.
Read more: http://www.applianceretailer.com.au/2015/04/5-smart-home-lessons-from-the-hong-kong-electronics-fair-2015