Things Thursday #019: The Future is Now (or at least, a lot nearer than I thought)

A trio of articles on this week’s Things Thursday deal with the Internet of Things, new ways of accessing your personal data, and keeping that data secure.

Internet of Secure Things

  1. 4 ways that AI is enabling today’s IoT revolution (via ReadWrite).
    Artificial Intelligence and the Internet of Things aren’t buzzwords anymore, but companies are still struggling to grasp what AI and IoT can do for their industries. Good news is, most companies surveyed by Accenture are interested in implementing AI and IoT strategies over the next few years, with AI being at the heart of figuring out what to do with all that data that will be whizzing about into the cloud and IoT allowing companies to think creatively about the objects that will collect that data. I’m always dubious to hear companies thinking in these terms, but I’m glad to see that there is an interest in the overlap in physical objects and non-physical data.
  2. A biometric ring could replace your passwords, cards, and keys (via engadget).
    One of the first leaps for turning your non-physical information into a physical object is the Token ring, which uses biometrics (identifiers about individuals – retina scans and fingerprint IDs are other examples of biometrics in the wild – the Token uses a fingerprint ID) to allow you to get into a locked building, pay for the bus, and more. We’ve seen a fair share of trinkets purport to do this very thing, but it looks like Token has caught the eye of some major vendors, including partnerships with several large metropolitan areas to cover their public transit. The tech that interests me the most here is the sensors included to identify if the ring is on or off your finger.
  3. On not fearing a full basket of eggs (via CRTLabs).
    A bit of a cheat on this third item, but as this nebulous data becomes what identifies you, it’s important to keep that data safe. Joe’s post (here on the blog) on password managers is a good crash course in making strong passwords, and keeping your data safe, and should be required reading for everyone in this digital age. NAR has been working hard on getting out information to our membership to keep client data secure; a good first step in the process is to assess your own digital security and pass that information on to your clients.

Smart Home Compatibility FAQs (Part 1)

Today’s post is written by Lee Adkins, founder of Amplified Solutions, continues with his series about Smart Home Tips for REALTORS® with information about setting up smart home devices, and for REALTORS® who encounter these devices when buying and selling homes.

Smart home devices are fun and trendy now, but this trend is here to stay. As a REALTOR®, you should have a basic familiarity with these devices, what they do and how that affects your clients and your clients’ transactions. These devices not only offer convenience for a home, but they also provide safety, security and data that can help us conserve energy use.

Pro Tips:
• Be sure it’s clear – in writing – if (and which) devices are included in the sale of the home.
• Be sure that all devices included in the sale are reset or wiped of any personal data – including the previous owner’s ability to control or monitor the devices. For more info, check out this handy Smart Home Checklist for resetting devices.
• CRT Labs has recently published Smart Home Simplified guides to help you learn more about possible smart home devices and what makes each type unique.

Nest Thermostat

What does it do?
Controls the temperature of your home – automatically or based on when you are home or come and go or on energy usage. Also provides historical energy usage data and compares to other users (anonymously of course) and even the local weather.

What is needed to run it?
The Nest thermostat communicates with your phone and the Nest servers via your wi-fi, so having a wi-fi connection is generally the only requirement beyond HVAC system compatibility.

Can you “relocate” it?
Yes. There is fairly nominal work to remove the thermostat if you are moving. Just be sure to keep the “old” thermostat if this is a possibility so you have something to replace it with. Generally speaking, there is no modification to the wall area around the thermostat needed.

Difficulty of set up:
The Nest thermostat is pretty easy to install – it basically walks you through setup once powered up. Everything you need is in the box including a wall plate in case your older thermostat is larger and you need to cover up an unpainted area or larger holes visible beyond the size of the Nest thermostat. I would highly recommend using this wall plate you are installing it knowing you will move it later.

Cost:
$250 one time for the 3rd generation (newest) model

General compatibility tips:
Nest in generally compatible with most modern HVAC systems. Full compatibility information at: https://nest.com/support/article/How-do-I-know-if-my-heating-and-cooling-system-works-with-Nest (click the link towards the bottom for an easy guide specific to your system)

Nest Protect Smoke and CO2 detector

What does it do?
Alerts you to smoke or carbon monoxide in the home or area you put it in – even remotely via your phone if you are not present at the time.

What is needed to run it?
The Nest Protect communicates with your phone and the Nest servers via your wi-fi, so having a wi-fi connection is generally the only requirement.

Can you “relocate” it?
Yes, relocation is very easy – please be sure to comply with local laws and fire code when removing any type of smoke or carbon monoxide detectors

Difficulty of set up:
Very simple to install – essentially replaces your old smoke detector, including hooking up via the backplate.

Cost:
$99 for the latest model

General compatibility tips:
The Nest Protect can be used by itself and is also compatible with a number of other devices and all other Nest products. Comes in both wired and battery varieties, so make sure you pick up the right one for your needs!

 

SmartThings System

What does it do?
Controls lights and plugs in your home, monitor doors and/or windows, monitor temperature and/or moisture.

What is needed to run it?
A wi-fi network and a device to run the app on (iOS or Android).

Can you “relocate” it?
Yes, pretty easily. For the most part, the system is not permanently installed. A double-sided tape is used for the door/window sensors that is pretty easy to remove or relocate those devices. Many of the rest of the devices are not permanently installed at all – such as outlet switches that just plug into outlets, then devices plug into them.

Difficulty of set up:
A kit is very easy to set up and the app will help walk you through the process of connecting and installing each component.

Cost:
Basic kits start at $199. A hub ($99 for most recent model) is needed to control the devices, which can be purchased separately. A starter kit is highly recommended for cost effectiveness and to understand the full ability of a system.

General compatibility tips:
SmartThings runs on Z-Wave technology which makes it compatible with any other Z-wave devices. There are no specific compatibility requirements for the home.

TP-link smart plugs and switches

What does it do?
TP Smart Plugs can control outlets in your home via an app. You can set a timer that runs consistently, check the status of an outlet (is it off or on) and turn any item plugged into them off or on from anywhere in the world.

What is needed to run it?
Wi-fi and a device to run the app (iOS or Android)

Can you “relocate” it?
Yes! Just unplug and take with you – nominal setup if your wi-fi network changes names or settings.

Difficulty of set up:
Just plug back in (possibly rename outlets in app) and go!

Cost:
Currently selling around $25-35 for a single plug and a 4-pack for $120

General compatibility tips:
Fully compatible with any setup – very simple to use and setup (also works great with Amazon Echo, but works as standalone device)

Lee Adkins is the Founder of Amplified Solutions – a consulting company focused on operational excellence for real estate teams and brokerages. He has served in many leadership and committee roles at the State and Local Associations and is currently a Vice President at the Atlanta REALTORS Association. He frequently teaches and speaks at various conferences around the country. Visit www.AmplifiedSolutions.co to learn more or find free resources, tools and suggested reading list.