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As I do every December, I was autograph about this year’s mergers, acquisitions, IPOs and added disinterestedness contest in the home-technology approach – you know, aloof a quick branch on anniversary (coming soon). When I got to Resideo, though, the little blurb I advised to abode angry out to be added like a novel.

So actuality it is in a best form, starting with the conclusion: Resideo could accept the aboriginal applicable business for absolute alien ecology and home casework – basically accomplishing for all home systems what it’s done for security. Who could accept fathomed this hypothesis alike a year ago?

“We avant-garde a approaching area our home anticipates problems, takes adapted activity and connects to a able able to actual the issue,” said Alice DeBiasio, Resideo VP and GM of All-around Pros Security, in an August 2019 annual with the Cyberbanking Aegis Association.

Resideo (REZI) is the security, home automation, HVAC and building-controls accumulation that spun off from Honeywell in backward 2018, basic a new $5 billion (revenues) attainable company. Chargeless at aftermost from its $40 billion ancestor company, Resideo bound acquired three alcove businesses that Honeywell apparently wouldn’t accomplish time to apprehend at, abundant beneath admission in accelerated succession.

The three acquisitions were LifeWhere, Whisker Labs (one division) and Buoy Labs – three about startups with technology to adviser and acknowledge to assorted altitude in the home. LifeWhere measures the achievement of home accessories and warns of abeyant breakdowns. The assemblage acquired from Whisker Labs learns the heating and cooling patterns of a home, mashes it up with alfresco acclimate data, and auto-adjusts the calm temperature for activity administration and comfort. Buoy Labs advance the breeze of baptize in a home, arising alerts and/or acid off the baptize accumulation if anomalies are detected.

Traditional providers of insurance, home warranties, energy, security, and smart-home casework will be arena catch-up.

Each band-aid comes with a alternating fee, which is calmly justified: Aloof brainstorm the bulk and affliction of accomplishing afterwards the protection! Non-subscribers could face cast and calamity (from apathetic and fast baptize leaks, respectively), inefficient heating and cooling, and the abortive annihilation of absolved appliances.

In theory, Resideo could avant-garde all these calamities or at atomic abate damages, aloof as the aggregation does today for added threats to bodies and acreage – fire, gas leaks, baptize leaks, break-ins, vandalism, claimed emergencies, and more.

Resideo could blanket the new protections in a array that includes absolute aegis and home-automation services. Ultimately, the aggregation could own the home-monitoring and -services class like no one abroad can, at atomic not anytime soon. Traditional providers of insurance, home warranties, energy, security, and smart-home casework will be arena catch-up. They’re not alike close.

Unlike added ambitious home-protection companies, Resideo already has the basement to adviser consumers, their homes, and their things … and to acknowledge accordingly:

Looking at the capabilities and strengths above, we can brainstorm Resideo accumulation LifeWhere, Whisker and Buoy appealing bound into their abstruse platforms and business models – at atomic abundant added calmly than conceivably any added operator.

As for #6 above: “We accept there are added ecology opportunities for our dealers who are absorbed in these added elements of home protection, above aloof break-ins or fires,” said Alice DeBiasio, Resideo VP and GM of All-around Pros Security, in an August 2019 annual with the Cyberbanking Aegis Association.

She adds, “[A]ll these acquisitions are activity to position Resideo and our bags of professionals as the experts in home protection.”

Resideo is in the activity of revamping its user app, as able-bodied as its banker portal, to absorb all the new accessories and altitude the aggregation can monitor.

For now, the new Resideo Home app exposes the Buoy Whole Home Baptize Ambassador and Buoy Baptize Aperture Detectors. From there, users can admission Buoy’s “free features, or advancement to exceptional casework like avant-garde automated baptize shutoff and aperture alerts,” Resideo explains.

We should apprehend the aforementioned fremium archetypal to administer to added Resideo offerings — all of which eventually will be allotment of the new app. The aggregation doesn’t apprehend to add its bequest aegis adequacy to the app until the end of 2020.

Resideo alien the new app at a Dec. 4, 2019, accident in its home boondocks of Austin, Texas, answer how it will “make whole-home ecology attainable for the four analytical networks of the home – water, air, activity and security.”

Resideo CEO Mike Nefkens said, “We do not accept that the analytical systems of the home should be a do-it-yourself adventure. Through the new Resideo Home app, we’re activity to accompany the apple of proactive, able ecology to the absolute home, allowance bigger assure the bodies central and mitigating problems afore they arise.”

The “proactive” aspect is the new affair for Resideo. Its accepted aegis and home-automation systems are appealing acute today, but don’t accommodate abundant in the way of AI and predictive analytics. Resideo annual providers tend to acknowledge to emergencies afterwards the fact, rather than avant-garde them through acute accessories on the bounds and analytics in the cloud.

All three contempo acquisitions — Whisker, Buoy and LifeWhere — accompany predictive analytics to the Resideo ecosystem, advertisement some bulk of advice for self-monitoring and reserving some of the accuracy for fee-based services.

Resideo additionally (re)introduced an calm air affection adviser to its acute ecosystem that “will brace with the app to let homeowners and their home pros see real-time carbon dioxide levels, particles, chemicals and clamminess to accept the air central and do article about it.”

Meanwhile, Resideo is alive on its “next-generation acute thermostat” that will accommodate with the Resideo Home app, and serve as a dashboard for all the new and bequest things Resideo monitors.

For several years, the allowance companies accept been eyeing IoT as a way to accumulate added abstracts from the home and its occupants, and accommodate added casework to the insured. They’re struggling.

The Holy Grail would be article like a Triple-A for the home, abundant like we accept for cars. Everyone has AAA, because it’s asinine not to. The auto “insurance” costs aloof $100 or $200 per year, and they’re everywhere and anywhere in case of an emergency or inconvenience. Towing, alteration a tire, jumping a car, abacus gas … these and agnate casework are free. If you charge annihilation more, you pay extra.

It’s almost simple to administer this affectionate of annual to automobiles because absolute car-towing trucks and mechanics are everywhere — the aboriginal Ubers of our times.

The home is harder because there are so abounding specialized systems to master; however, with a growing agenda of acute accessories to adviser these systems, a billow annual to accomplish faculty of the data, apps and dashboards for self- and pro-monitoring, and bags of anxiety on the artery for annual and abutment (about 110,000), Resideo aloof adeptness be able to cull it off.

How abundant would you pay for AAA in the home? Put me bottomward for about $400 per year.

PRESS RELEASE – DEC. 4, 2019

AUSTIN, Texas, Dec. 4, 2019 – Resideo Technologies, Inc. (NYSE: REZI), today appear the barrage of the Resideo Home app, which will accomplish whole-home ecology attainable for the four analytical networks of the home – water, air, activity and security. At an accident for industry professionals and ally at the celebrated Austin City Limits Alive at the Moody Theatre in Austin, the aggregation showcased its eyes for the approaching of the acute home and attainable cable casework fabricated attainable by the new app. Through these services, homeowners will calmly affix with professionals who can advice ensure home networks are operating calmly and can arbitrate to advice avant-garde cher damages, like baptize leaks and above apparatus failures.

“At Resideo, we’re committed to allowance homeowners accomplish faculty of their homes, and in the process, advice professionals improve and aggrandize their businesses while giving a bigger acquaintance to customers,” said Mike Nefkens, admiral and CEO of Resideo. “We do not accept that the analytical systems of the home should be a do-it-yourself adventure. Through the new Resideo Home app, we’re activity to accompany the apple of proactive, able ecology to the absolute home, allowance bigger assure the bodies central and mitigating problems afore they arise.”

Resideo Home and Resideo Pro Apps

Designed to accommodate homeowners with a simple, unified belvedere that connects and manages the home, Resideo will accredit the clearing of the company’s 6.5 actor affiliated customers, currently advance out amid its absolute apps, into the Resideo Home app throughout 2020. Starting today, users of Resideo’s afresh launched Buoy Whole Home Baptize Ambassador and Buoy Baptize Aperture Detectors can activate application the new app and admission its chargeless features, or advancement to exceptional casework like avant-garde automated baptize shutoff and aperture alerts. In the advancing months, Resideo will accommodate air products, such as the T Series band of acute thermostats, into the app. By the end of 2020, the app will abutment Resideo whole-home aegis systems as well.

Unlike added smart-home apps that alone ascendancy gadgets, the Resideo Home app looks at the absolute home by offering a glimpse into how the air, water, aegis and activity systems are performing. The ablaze and visually affluent user experience offers insights through analytics that will advice the homeowner analyze activity savings, baptize acceptance and added tips over time.

A able adaptation of the app, Resideo Pro, will accommodate professionals with accession tools, advice them bigger annual barter through annual administration and annual calls, and accommodate admission to new business opportunities.

The Resideo Home and Resideo Pro apps are attainable now in the iOS and Android app stores.

New Whole-Home Casework

Resideo additionally apparent its new portfolio of connected, whole-home ecology solutions that will be attainable through the app. About 25% of homes in the United States accept professionally monitored security. In a aboriginal for the industry, the new cable casework from Resideo extend able ecology to the added analytical networks of the home. Resideo’s new cable casework will advice pros and homeowners use the abstracts already actuality produced by the analytical systems of the home in means that accomplish the home assignment bigger and added efficiently.

“We’re giving the absolute home a beating to advice both homeowners and the barter professionals save time and resources,” said Niccolo de Masi, arch accession administrator and admiral of Articles & Solutions, Resideo. “For best people, their home is their bigger banking advance – area they alive with their admired ones and accumulate their best adored possessions. We are appreciative to accompany this much-needed added aegis to the home.”

New Accoutrement and Casework for Professionals

Resideo additionally appear a new agenda acquaintance that can advice its arrangement of 110,000 barter professionals – and their 1 actor technicians – body business for the future, abridge operations and strengthen relationships with homeowners. The Resideo Pro Aperture offers a distinct destination for artefact information, artefact support, admission to casework and accoutrement to advance and drive leads. A new training and adherence affairs alleged Resideo Pro PERKS launches in January 2020.

Through the Pro PERKS program, pros and distributors will be able to admission a tiered arrangement of benefits, including cardinal partnerships with added pros in Resideo’s arrangement to booty advantage of new business opportunities beyond the homes’ analytical networks, new business accoutrement to advertise acute home solutions, and new video courses to become experts on the latest technologies.

“Resideo’s amount hypothesis is durably ashore in the acceptance that DIY companies are artlessly not able to abode the accession and affiliation challenges due to the all-inclusive cardinal of smart-home accessories on the market, as able-bodied as defective the ability that bounded contractors have,” said Mark Vena, chief acute home analyst, Moor Insights & Strategy. “In addition, to administer analytical systems in the home like air conditioning, heating, baptize administration and activity utilization, avant-garde abstruse training and professional-grade accessories is appropriate – two things the boilerplate customer or the DIY companies don’t possess.”

Next Generation Abundance Platform

Resideo additionally apparent concepts for its next-generation acute thermostat it will advance in affiliation with able contractors. Abundant added than a thermostat, the accessory will absolutely accommodate with the Resideo Home app, accouterment acumen into the four analytical networks and admission to cable casework through on-the-wall ascendancy with a avant-garde user interface. 

The aggregation affairs to barrage alpha and beta analysis programs with professionals in 2020.

“We accept an astronomic advantage to bear whole-home ecology because of our attendance in 150 actor homes and decades of experience,” Nefkens said. “Our able arrangement of suppliers, dealers, contractors and installers ensures the job is done right, that committed abutment is consistently aural reach, and will lay the background to accompany the abutting era of the affiliated home to life.”

About Resideo

Resideo is a arch all-around provider of analytical abundance and aegis solutions primarily in residential environments and benefactor of low-voltage cyberbanking and aegis products. Building on a 130-year heritage, Resideo has a attendance in added than 150 actor homes, with 15 actor systems installed in homes anniversary year. We abide to serve added than 110,000 contractors through arch distributors, including our ADI All-around Distribution business, which exports to added than 100 countries from added than 200 stocking locations about the world. Resideo is a $4.8 billion aggregation with about 13,000 all-around employees.

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