With the pace that technology is currently advancing, it is amazing to see how it becomes increasingly woven into our daily lives. The Consumer Electronics Show, now in its 51st year, is the proving grounds for these new advancements. With over 170,000 attendees and 3900 vendors, CES is the world’s largest tradeshow. Over the pastthreeyears, CRT Lab’s has covered the trends that emerge, and what they mean for real estate. This year, we saw the following five key trends.
1) Increased Focus on Air Quality
There is a special marketplace on the show floor within CES that is specifically made for startups and technology pioneers called Eureka Park. This section is sponsored by the National Science Foundation and Techstars, and is a great place to get insights on where technology trends may be headed.
As we began to notice two years ago at the Lab’s first visit to CES, air quality is getting more and more attention of more importance to today’s consumers. In previous years we have met innovative startups like Plume Labs and elichens. This year, having built our own indoor air quality monitor, we were able to meet with and collect samples of the latest innovations directly from the sensor manufacturers.
2) Google Has Arrived
This year Google made its first-ever appearance at CES. They had an especially rocky start with their giant two-story outdoor booth having to be shut down due to heavy rains on day one, and faced power issues midweek.
Despite all this, by perhaps what may be brute-force alone, their presence was felt. Previous years at CES have been absolutely dominated by Amazon’s Voice Assistant Alexa, and for the search giant’s first year ever to be exhibiting – they had incredible product penetration.
Photo by Dieter Bohn / The Verge
From sponsoring the city-wide monorail, buses, taxis, and their incredibly impressive two-story outdoor booth, it seemed like Google was everywhere.
A Google Assistant shows off the company’s all white jumpsuits (GeekWire Photo / Kurt Schlosser)
In fact, they even had real life Google Assistants working overtime on the exhibition floor giving product demonstrations, running contests, and doing giveaways of Google Assitant compatible devices.
3) Urban Agriculture
If you’ve visited CRT Labs over the past two years, you’ve most likely seen some of our aquaponics systems. Filled with fish, ghost shrimp, herbs and vegetables, these systems work based on a symbiotic relationship between the aquatic life and the plants growing above. As more and more people are moving to major urban areas, the demand for locally grown produce is only growing higher.
The Grove aquaponics set-up for CRT Labs, with kale above and goldfish in the tank.
This year at CES, there were dozens of companies trying to capture some of that demand by offering consumers a way to grow their own vegetables at home. What is reassuring to us that this will be a future trend to watch is just the sheer number of different approaches companies are taking to solve this problem. We saw sleek, counter-top units like the Aspara Smart Veggie Grower, to full popup greenhouses like the Grow Pods by Opcom.
4) Smart City and Autonomous Vehicles
We saw an incredible amount of technology this year that was trying to marry all of the innovation together to provide solutions for smart cities. Two of the best examples of this would be the Bosch Climo System and Toyota’s e-pallet, both of which won Innovation Awards this year. The Climo System is a smart air monitoring solution designed and developed to evaluate, visualize and act upon the outdoor air quality enabled with real-time tracking of ambient air pollutants. According to their website, the Climo System has eight different sensors that measure particulate matter, carbon monoxide, nitrogen oxide and sulfur dioxide. It is also equipped to monitor pollen levels, which is a common cause of allergies. We can’t help but be reminded of the Chicago based project, the Array of Things, which has similar goals.
Toyota announced a new business alliance between partners Amazon, Mazda, Pizza Hut, Uber, and Didi (Chinese Ride Sharing) focusing on what they are calling “Mobility as a Service”. As part of this, they also revealed the first of their concept vehicles, the e-Pallet.
Photo by Antuan Goodwin/Roadshow
The idea being that the e-Pallet would be a completely modular and customizable solution for autonomous transportation needs. From ridesharing and automated delivers, to on-demand retail experiences, the e-Pallet is made to be the starting point for any company who has a use case for electric autonomous vehicles.
5) Voice Control Integration Becomes Deeper
This year at CES we saw the deeper integration of voice assistants into the smart home. The best example of this would be Kohler, who unveiled Kohler Konnect this year. Enabling voice control technology for your shower, bathtub, toilet, mirror, and faucet. While this main seem a bit overkill at first, there are many uses cases for touchless/handsfree operation in the bathroom. In fact, Kohler received a CES 2018 Innovation award for the efforts, in their company’s impressive debut.
For more coverage, check out this great video from REALTOR Magazine:
NAR/CRT Labs is proud to sponsor our first Hyperledger Hackathon at mHub here in Chicago in September. Hyperledger Hackathons are events where software developers get together and share ideas about a topic – in this case, blockchain – in order to strengthen the community around the topic and move forward with projects that will innovate within the space. NAR’s recent investigations into blockchain have lead us to partner with multiple groups, and together we hope to innovate within the blockchain and Hyperledger communities. If you’re interested in finding out more about these technologies, and are in the Chicago area, this event is for you! Hackathons are for all levels of skill and participation, so you don’t need to be a whiz programmer to be involved. We hope to see you on September 21st for this event!
What is Hyperledger Hackfest? Hyperledger Hackfests are regular gatherings for developers working on the different projects hosted at Hyperledger.
What are the goals of Hyperledger Hackfest? The primary goal for a Hackfest is to facilitate software development collaboration and knowledge sharing between participants, with an eye towards reflecting all ideas and conclusions back outward to the public open source community afterwards. A secondary goal is to bring new contributors and passive observers up the learning curve on the different technology platforms, and the cross-cutting issues affecting multiple projects (such as identity, security, development process, etc).
Who is eligible to participate? Hackfests are public meetings, anyone is welcome to attend and participate no matter what their skill level, though the discussions will presume a significant familiarity with blockchain technologies and software development concepts on the Hyperledger protocol.
When? September 21 and 22, 9a-5p
Where? mHub: Chicago’s innovation center for physical product development and manufacturing 965 W Chicago Ave, Chicago, IL 60642
The goal of the event was to meet pioneers in the field, gain business advantages by learning more about the technology and ultimately learning to separate real opportunities from the hype. This event was incredibly useful as it helped clarify which changes blockchain technology will be making immediately and what’s still far off in the future. A reoccurring theme of the day was how blockchains can help provide and guarantee security, identity, and ownership while still operating at the speed of the internet.
Recently, MIT has published videos from the event and I would like to share three of my favorites as well provide my key takeaways from each talk.
Blockchain: Unlocking the Power and Potential
Brian Behlendorf is executive director of the Hyperledger Project. Behlendorf was a primary developer of the Apache Web server, the most popular Web server software on the Internet, and a founding member of the Apache Software Foundation. He has also served on the board of the Mozilla Foundation since 2003 and the Electronic Frontier Foundation since 2013.
From the video:
Brian shares the exact moment of when he realized the potential for blockchain technology. His “Ah-Ha” moment came after hearing of a land title project in Honduras that was being started to protect land ownership through decentralization of records.
In recent history, the digitization of systems has led to the centralization of systems. Brian explains how permissioned ledgers can begin to re-decentralizing how these systems work.
Brian then goes on to describe the opportunity and benefits that will come from the transformation of the traditional hub and spoke models to ledgers, and specifically how the roles of intermediaries in those models will shift over time.
What Could Go Wrong? When Blockchains Fail.
Emin Gün Sirer, Cornell University
Emin Gün Sirer is an associate professor of computer science at Cornell University. His research interests span distributed systems, security, and operating systems, with a particular emphasis on digital currencies and self-organizing systems. He runs the popular blog Hacking, Distributed.
From the video:
Emin Gün talks about what can happen when people and companies apply blockchains in a manner that is at odds with the science that is behind them. Setting the stage for his talk, Emin covers the history of how civilizations track wealth as well as how validity, immutability and apply to blockchains.
In recent years there have been a number major failures based on poor implementations. Emin goes into detail about the attack on the Ethereum based smart contract, The DAO, and how it was exploited for over $50 million dollars.
Emin warns audience members who are interested in running private permissioned technologies. These systems are built relying heavily on the fact that the network will be resilient to attack as long as the nodes fail independently.The problem here that many implementations that we are seeing today have every node on the network running the same code, making them al susceptible to the same vulnerabilities. Emin suggests the concept of N Version programming as a possible solution.
Transformation at Scale: Building Tomorrow’s Financial Markets Today
Amber Baldet, J.P. Morgan
Amber Baldet is the Executive Director, Blockchain Program Lead at J.P. Morgan. Established in 2015, J.P. Morgan’s Blockchain Center of Excellence sets a comprehensive blockchain strategy for the Corporate and Investment Bank, while also developing cutting edge technology, curating Strategic Investments, and performing client outreach.
From the video:
Amber explains what the future of JP Morgan’s client services could look like and what that means for their product offerings.
She goes on to explain how even though her company is focused on investment banking applications, they must be built with the same ethical design standards as blockchains inorder to avoid very imbalanced systems.
Amber finishes her presentation with a quick overview of JP Morgans first open source software product, Quorum, that allows for private and secure transactions on a public ethereum blockchain.
If you are interested in learning more, click here to view all the videos from the Business of Blockchain Event. I’ve also included links to all of NAR’s research below.
This year, we’re excited to have four members of the team heading down the the Midyear Meetings in Washington, DC, to show off some of the projects we’re deeply invested in and to talk one-on-one with members about smart home, smart community, and smart city initiatives. These meetings are a great way for REALTORS® to check out the legislative arm of the National Association of REALTORS®, network about important issues facing REALTORS®, and to check out some of the things various groups at NAR – including CRT Labs – are working on. We’re focusing on three major projects currently with education, advocacy, and innovation in mind.
A view from the Midyear Meetings
We’ve talked about all three of these projects before, but we’ll be on hand to update members on the progress of our Indoor Air Quality Sensors/Home Automation suite, our Smart Home Simplified series, and our first Pocket Guide to Cleaner Air. We have materials about each project for you to take home, as well as a variety of CRT Labs swag including stickers and buttons! To find out more and talk to the team, stop by the NAR Booth, #1707, on Wednesday 5/17 from 10am-3pm or Thursday 5/18 from 1pm-6pm. We’ll also be attending a variety of meetings, including presenting at Data Strategies, eBITS, and more. For a full schedule, check out our Office Hours, where Chad breaks down all the great forums available for members to attend.
We hope to see you at one of the many events scheduled this week in DC!
A flight home from CES 2017, credit reddit user fantomknight1
Very much like last year, the halls of CES 2017 were packed to the brim with smart home technology. Now although there were a few new products, the majority of vendors mainly showed off upgraded versions of their lights, lock, security cameras, switches and other smart home hardware. It seems the major smart home announcements at CES 2017 were about new integrations between existing products. This trend is a big win for the industry and consumers who are currently dealing with a fragmented user experience.
For the second year in a row, Amazon’s personal voice assistant has dominated the floors of CES. Without being present in any formal capacity, the personal assistant seemed to be absolutely everywhere. Most impressively, Alexa has broken free from just being a smart home product and is now showing up in nearly all industries at CES. Vendors are building their products with Alexa built in, negating the need for consumers to even own an Amazon Echo. For example, both Ford and Volkswagon announced that the virtual assistant will be coming to their connected cars to allow search, shopping, and smart home control while driving. Chinese mobile phone manufacturer Huawei is launching an android phone that will prominently feature Alexa. Lenovo has created two versions of their own personal assistant that has Alexa built-in . The standard – starting at $129.99, and the Harmon Kardon Edition, which offers better sound quality, starting at $179.99. (very comparable to the price of an actual amazon echo).
The number of applications (or skills) available in Amazon Alexa store is increasing at an incredible rate. With only 1,000 available last June, the store now hosts over 7,000 skills that allow you do to basic things like set timers and alarms, to ordering Uber’s or Lyft’s and checking wait times at airports.
While Apple Homekit seems to currently to be losing the integrations “arms race”, CES 2017 was still full of vendors announcing their HomeKit Enabled Devices. Integrations with Apple take longer for third party vendors as there is a strict set of hardware and software requirements Apple imposes before it will certify a product as HomeKit compatible.
Yale Real Living Assure Locks
Yale NexTouch Wireless Locks
Kwickset Premis smart lock
iDevices Instant Switch
Lifx Plus Smart Bulbs
Ring Floodlight Cam
Withings Home Plus
Fibaro Motion Sensor
Fibary Door/Window Sensor
Netatmo Smoke Alarm
Chamberline Smart Garage Opener
Fibaro Flood sensor
Lutron, one of the more established Smart Home Vendors in the industry has announced new integrations with Samsung SmartThings and additional features with Nest.
With SmartThings you will now be able to control your Lutron switches and shades alongside other compatible products from within the SmartThings mobile app. That’ll let you use things like Z-wave and ZigBee motion detectors to trigger your Lutron gear. This communication is not native to the Lutron Platform however and will require you to purchase an additional piece of hardware that works as a translating device. This hardware should be available early this year.
Lutron is has also added additional functionality to its Nest integrations. Previously, you were already able to trigger Lutron gear based on communications from the Google Company’s Learning Thermostat and Protect Smoke detector. Now they have also added Nest Cam support which is a great benefit to be able to control your indoor/outdoor lighting based on motion detected on your cameras.
Being the new comer to this space, Google’s personal assistant platform remained relatively quiet this year with only a few announcements. Besides integrating with the familiar Belkin Wemo line, Google also announced partnership with another new comer to the space, the Nvidia Shield/Spot, a media streaming device with built in AI and smart home integrations.
As they open up more of their API and hardware vendors have more time to integrate, I imagine Google Home will be the one to watch at CES 2018.
All of these integrations show a maturing smart home industry, a welcome improvement over the fragmented marketplace that existed just a year ago. The fact that consumers will no longer necessarily be silo’d into smart home walled gardens should allow greater adoption of these devices. To learn more about CRT’s CES trip, please follow us on Facebook as we discuss our findings live on Friday afternoon. Please make sure to check back here as well next week for part two of this series, where I share the products that I am most excited about for 2017.
The past couple of weeks have been a whirlwind as we shifted gears to get ready for the REALTORS® Conference and Expo in Orlando, FL. The whole gang is heading down to Florida to show off who we are and what we do, and we wanted to put our schedule up on the blog so you won’t miss a thing.
Speaking Events: We’ll kick off Friday with Chad speaking at the Property Management Forum from 10:30AM-12PM (all times Eastern) in the Orange County Convention Center West, Room W312 A. The forum will be discussing market segments and niches. On Saturday, Chad will speak to the Commercial Leadership Forum from 9-11AM in Orange County Convention Center West, Room W 206 A-C. Also on Saturday, Joe will be running the Emerging Business Technology Forum, where agents and brokers will talk about digital strategies. We’ll also be doing presentations in the Commercial Marketplace on Saturday, Sunday, and Monday; look for Chris from 11-11:30AM Saturday, Dave from 11:30AM-12PM Sunday, and Joe from 11-11:30AM Monday to talk about how the Internet of Things can work for commercial real estate.
Facebook Live: We’ll be going live from the expo floor Friday at our usual time to host our office hours from our booth. To watch live, check out our Facebook Page at 2PM; if you give a like on the page, you’ll be notified when we go live (this week and every other week). We’ll be showing off our booth, which is part of the REALTOR® Pavilion.
Booth #208: Our booth at the expo is our place to shine. We’re bring a bunch of smart home devices to demo, like the latest thermostats, locks, and cameras. We’re also going to be showing off some of our in-house projects, including our Rosetta Home software, Indoor Environment Quality sensors, a prototype for an app based on our Smart Home Checklist, and more. On top of all that, we’ll be raffling off 5 Amazon Echo Dots – you won’t want to miss out on that! We’ll also have a ton of stickers and buttons to give away, so make sure to come by this weekend to check it all out.
Green Pavilion: We’re proud to host coffee artist Michael Breach to the Green Pavilion on Sunday from 1-5PM. He’ll be making amazing latte art and whipping up delicious pick-me-ups (while supplies last). I’m hoping he’ll make me a Hamilton-ccino, personally.
A ton is going on in Florida this weekend – we hope to see you all there!