Based on its recent analysis of the connected homes in the Internet of Things (IoT) market, Frost & Sullivan recognizes AlertMe with the 2014 European Frost & Sullivan Award for New Product Innovation Leadership.
AlertMe's connected home platform offers unique innovations such as a variety of communication standards and connectivity to multiple branded consumer devices. AlertMe has also set new standards in home energy management and home monitoring with multiple applications already deployed mass market in Europe and the USA. The platform brings together the controls, automation and data analytics to provide users with intelligent automation in the home and also efficiency based on their energy usage patterns and interaction with their home devices, heating and hot water.
The Company's aim is now to make its new next generation Omnia™ platform the complete intelligent ecosystem for connected devices, way beyond single point solutions and with unique capabilities that will ultimately ensure it delivers a true IoT platform for the home.
"AlertMe's platform addresses the needs of IoT for the home by combining the best of home energy data analytics with remote control of many devices, including heating and hot water, from a smartphone for maximum comfort, convenience, efficiency and peace of mind." said Frost & Sullivan Senior Industry Analyst Aravind Seshagiri.
The company has continuously improved its platform by incorporating multiple standard communication protocols such as ZigBee and ZWave as well as a wide choice of devices and connected home applications. The platform is also robust and scalable enough to handle millions of homes, tens of millions of devices and billions of data points across the network.
Another reason for AlertMe's success is it is device-agnostic, which means that the platform can adopt a wide range of devices from multiple brands, devices from motion sensors, cameras, locks and smoke/CO detectors, to light switches, sockets and bulbs, even garage doors, pet doors and garden sprinkler systems. Furthermore, its' continuous innovation has enabled the company to expand its customer base through tier one channel partners as well as scale up the number of devices supported.
AlertMe Control is the underlying platform for Hive Active Heating from British Gas. It provides remote heating and hot water control managed via the cloud using a smartphone.
AlertMe Energy is the data analytics service behind the British Gas Smart Energy Report which processes data collected from home smart meters to provide the consumer with a customized report detailing their personal patterns of energy use and giving tips on ways to reduce waste and save money. This data analytics capability incorporates personal (actual) energy data with contextualized information such as comparisons with other households and third-party data for weather and types of housing.
AlertMe Home is a complete solution for the connected home to monitor, control and automate a wide range of devices and applications. Deployed by Lowe's in the USA as the Iris Smart Home Management System, it is able to connect a wide range of devices (over 50 from 22 different brands) for safety, security, energy efficiency, comfort, convenience and peace of mind.
The AlertMe platform has helped the company establish credentials in Europe and North America and AlertMe is now deployed in over 500k homes, is processing over 10bn IoT data points a month, and 1bn smart meter data reads a month
"Frost & Sullivan analysis suggests that the AlertMe platform can expand beyond the United States and the United Kingdom," noted Seshagiri. "It is already demonstrating significant breadth of IoT applications in the home and has the potential to add many more applications and solutions for the connected home."
Each year, Frost & Sullivan presents this award to the company that that has developed an innovative element in a product by leverage leading-edge technologies. The award recognizes the value added features/benefits of the product and the increased ROI it offers customers, which in turn increases customer acquisition and overall market penetration potential.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
AlertMe is an award winning fast-growth technology Company, reaching revenues of £17.8m in 2013. It provides the platform for Hive Active Heating from British Gas, which is already deployed in 100,000 homes across the UK. It is also the Data Analytics platform for the British Gas smart meter data service Smart Energy Report, already received by 350k homes.
In the USA, AlertMe is the technology platform for the Iris Smart Home Management System from Lowe's, the second largest home improvement retailer in the world with 1800 stores. Iris provides a complete platform that coordinates over 50 home devices from 22 different household brands in a single home ecosystem.
AlertMe has recently launched its new next-generation Omnia™ connected home platform, designed to deliver scalability, interoperability and resilience for millions of connected homes. Read more about Omnia™ here
The company has won 20 awards in the last five years for product design/innovation, and business growth & strategy, including; Top 30 in the Sunday Times Tech Track 100 2012/13/14 and No.3 in the 2013 Deloitte UK Technology Fast 50.
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Contact: Jody Haskayne - Corporate Communications Director
T: +44(0)20 3008 4398 - E: jody.haskayne[.]alertme.com.