Lowe’s to exit ‘under-performing, non-core’ home automation business by finding a buyer for its Iris Smart Home business.
Jason Knott
Jason Knott is Data Solutions Architect and Evangelist for D-Tools. He is the former Editor-in-Chief of CE Pro. He can be reached at [email protected].
Jason Knott's Latest Posts
Best Buy to Focus on Total Tech Support as ‘Giftable’ Holiday Item
Best Buy reports strong Q3 revenues and ups forecasts for 2019. In-Home Advisors and Total Tech Support programs will spur growth.
Should You Add Surcharge to Clients Who Pay by Credit Card?
Legal expert Ken Kirschenbaum advises integrators to be careful about adding credit card surcharges.
Sonos Posts Record-Breaking Sales; Stock Rises and Falls
Sonos reports annual sales of $1.137B, up 15%, with Q4 2018 sales of $273M, up 27%. Smart home wireless audio company attributes IKEA and direct online sales as growth factors.
Are Integrators Ready to be ‘Energy Automation Contractors’?
Sonnen aims to create a new category of smart home integrators who unite solar, energy storage, vehicle charging stations, and intelligent circuit breakers with lighting, shades and thermostats.
7 Evolving Trends for Upscale Brands in 2019: Luxury Institute Report
Luxury Institute research shows luxury brands need to evolve in 2019. Smart home virtual reality technology among the ‘new luxury’ brands appealing to Millennials.
ADT Optimistic About Amazon Alexa; Reports Q3 Revenues Up 6%
ADT reports quarterly revenue of $1.15 billion, up 6 percent, primarily due to ADT Pulse smart home growth. Amazon Company looks to bring alarm voice response directly to law enforcement vehicles.
Control4 Reports Record Revenues, but Stock Plunges … Why?
Smart-home maker Control4 reaps a record $71.6M in revenues for Q3 2018, beats on earnings, reports strong home builder adoption … but CTRL shares tumble on lowered Q4 guidance.
Home-Technology Industry Braces for Tariff War: Are You Prepared?
CEDIA, CTA, smart-home dealers and manufacturers share fears and strategies for impending tariff wars: on raising prices, absorbing costs, and communicating with clients while avoiding political arguments.
A/V Shop Sells Almost $280k in Samsung 8K QLEDs in 4 Hours
CE Pro 100 integrator Just One Touch/Video & Audio Center sells $285K in Samsung 8K TVs during wine-and-cheese event to early adopter clients.
President Trump Calls for 5G Spectrum Management, Security Program
President Trump directs government agencies to outline their 5G needs, develop a secure long-term 5G strategy suitable for business and government, and the creation of Spectrum Strategy Task Force.
NPD Group: ‘Historic Period of Growth’ for Smart Home Coming
NPD researcher tells HTSA that smart home will grow by 20% each of the next 3 years led by premium smart home products and services. Google, Amazon partnerships vital.
