Tuesday, August 14, 2012

Lowe’s Push for a Piece of the Smart Home Market

“This is an exciting development in the connected home space,” Stuart Sikes, president of Parks Associates, experts in emerging consumer technology products and services, said. “While there have been various simple applications such as remote management of HVAC systems that have delivered significant savings, until now, there have been few comprehensive offerings aimed at the mass market. Lowe’s new Iris product and service platform has the attributes needed to break down these barriers and reach the consumer with a scalable solution at an affordable price, and it should position the company as a formidable leader in this space.”

From the article, "Lowe’s Push for a Piece of the Smart Home Market" by Madison Parker.

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