Moving Beyond the Hype: the Reality of the Connected Home

The Internet of Things (IoT) is changing the way, insurers and big data firms are thinking about how data is collected and interpreted. Like many other things within the IoT, the “connected home” brings big changes to insurers.

A connected home is a networked home to which multiple services are delivered over superfast broadband.*

Numerous automated home energy and protection devices associated with the connected home, such as: smart locks, security, smoke and water leakage alarms, heating or cooling systems are now providing data in real time.

The connected home concept is quickly transitioning from hype to a tangible and growing category, worthy of focus by a number of media and business publications.