As one of the big names in car manufacturing Toyota has pledged to boost the autonomous vehicle industry. In partnership with TMC, Aisin Seiki, Denso Corporation they will invest of up to 2.8 billion (USD) to develop self-driving vehicle technology. The partnership has formed the Toyota Research Institute-Advanced Development (TRI-AD). While they're still working out the finer details their joint venture, one clear objective is to develop "fully-integrated, production-quality software for automated driving."
The Japanese smart home market is likely to almost fivefold by the year 2024 from its current level. According to a new report The Japanese smart home market is expected to be US$ 5 Billion by 2024. There is a growing demand in the Japanese market for safe and secure living environment, especially concerning safety functionalities and discrete monitoring for elderly people; also, since the Great East Japan Earthquake in 2011, Japan has been focused on building energy efficient smart homes and supportive devices.
LG is offering consumers more ways to control your home and enjoy the benefits of a connected home experience across a range of their home appliances. LG Electronics USA announced that 87 of their Wi-Fi connected home appliances, such as their washing machines and dryers, dishwashers, vacuums, refrigerators, ovens, air purifiers are now compatible with Google Assistant on Google Home and supported Android and iOS smartphones.
Qualcomm, AT&T, Ford, and Nokia have announced plans to start connected car trials with Qualcomm's Cellular-V2X (C-V2X) technology. According to Qualcomm, the trial is the first for the U.S. and will help to accelerate the development of connected cars. The trial is to demonstrate the potential of C-V2X technologies, including support for improved automotive safety, automated driving, and traffic efficiency.
Centrica has partnered wtih Eni gas e luce of Italy. The five-year partnership arrangement will help Centrica to move its Hive smart home devices into the European market. Centrica also acquired Belgian power management firm REstore in deal worth €70 million (£62 million) in cash. Headquartered in Antwerp, REstore manages 1.7GW of peak load from a portfolio of industrial and commercial customers across Belgium, the UK, France and Germany.
The acquisition of Alertme by British Gas is now bearing fruit for the energy company. According to Centrica, British Gas’s parent company, connected home services revenue is up 30% to the end of April 2017, with over 600,000 connected hubs installed and over 900,000 connected products sold to date.
ecobee maker of the ecobee smart thermostat, announced the launch of ecobee3 lite. The new device like the company’s flagship ecobee3; ecobee3 lite features a beautiful and easy-to-use touchscreen for a fraction of the price. Ecobee3 lite will integrate with Amazon Echo, Apple HomeKit, Samsung SmartThings and IFTTT. The ecobee3 lite comes with a new mobile application for Apple and Android devices.
In conjunction with its 2016 interim result sprue announced that they have acquired IoT software provider Intamac for up to £2.8 million. Sprue whose principal products are smoke alarms, CO alarms and accessories acquired Intamac as part of its new connected homes strategy, said its chairman Graham Whitworth. Sprue acquired the source code and development rights to the software developed by Intamac to enable its customers to connect and monitor Sprue’s whole range of wireless products over the internet.
The cloud-connected smart home is expected to create a $28 billion US market by the year 2020; this is according to research firm ON World. With money like this on offer, I am sure it will draw a lot of attention anyone with the money to invest. One UK mobile operator, O2 has decided they want in and has decided to offer the service to UK households.
Core Brands has announced the release of Auriel 2.0 with added features such as streaming audio, climate and lighting control, plus remote access. Now custom installers installing the Niles Auriel MRC-6430 Multi-room audio system can offer smart home control as well. The Auriel 2.0 multi-room audio platform is built on the ELAN Control Platform. The new software update enables any existing Auriel system to easily upgrade to the additional control features.