Greenwave Systems, a provider of Internet of Things (IoT) software and managed services-- and a developer of Verizon's FiOS Quantum Gateway-- has raised $60 million in new funding from investors.
Home automation services may have great potential for service providers to gain incremental revenue, but the reality is that home automation contractors and pay-TV installers have never had the greatest relationship.
Frontier has taken another step forward in its home automation drive, announcing support for Nest's Nest Cam and Nest Protect for qualifying broadband customers.
Verizon may have dropped its home automation unit, but it appears that the service is quietly finding new life with Nexia, Ingersoll Rand's home automation division--so quietly, in fact, that even the carrier's customer service reps have reportedly been caught by surprise.
Frontier is looking to drive more customers to higher broadband speeds by bundling the Nest Learning Thermostat with their service. Users that upgrade their speeds can get the Nest Learning Thermostat for $99, whether they're new or existing Frontier customers.
Value-added monitoring services may still be in the development stage, but recent research conducted by Parks Associates reveals that about 25 percent of U.S. households that have a broadband connection see utility in value-added monitoring services.
Connected LED or "smart" light bulbs may still be a developing market concept, with shipments totaling fewer than 2.5 million units in 2013, but a new ABI Research report reveals that a number of factors will help drive an increase in shipments.
Verizon is signaling that it's ready to take another stab at the home automation market with a new service.
C Spire has found yet another use for the FTTH network it is building in Mississippi: home automation, which is being added into a suite of services it calls C Spire Home.
AT&T and Comcast are among a growing group of service providers that are looking for revenue streams in the home automation market by adding connectivity and features to their routers that are traditionally used for broadband data and video services.