Notes from the #BigDataTO conference in Toronto
- By 2020, every home will have 40 connected devices – TV, appliances, health, assistance, security
- Wearables help consumers track and log their activities such as wellness goals, athletic training, weight loss monitoring, medication reminders, gamification of activities. 1 in 5 Canadians currently own a device as a wristband or a watch and 70% of those owners have no plans to upgrade or replace. 60% of consumers are not interested in wearables at all. Designs will be less obvious, have improved battery life, and use new materials like smart fabrics. Medical devices will have better reliability and validity and this will help the healthcare sector and be relevant for insurance companies
- Security devices – smoke alarms, motion sensors, doorbells, security systems, remote home monitoring. These devices offer peace of mind. It’s no longer about emergency services but monitoring to see if the kids are home, a window is opened, the jewelry box is still there, perhaps even see if it’s a friend or foe at your front door.
- Home automation – these devices will help us reduce energy usage, increase safety including devices such as thermostats, light switches, outlets, appliances. IKEA has launched a smart home lighting system with wire-free lighting at a lower cost than their competitor. They will bring this technology into every piece of furniture and curtains [window blankets 🙂 ]
- Personal health devices – These devices will result in increased awareness of monitoring. Health monitoring will take place from the home not a hospital and will result in fewer trips to the doctor and hospital. Connected clothing will help with this. Gym equipment brands now sync with health monitoring devices so you can monitor treadmill and walking together and get more consistent results.
- Intelligent assistants/bots – more natural way to interact with machines, removes the complexity of interconnections, vocalizes thought and activity, uses real time machine learning. Low adoption rates in Canada but many bots aren’t available in Canada. Connecting a speaker to the internet isn’t revolutionary but it can improve personalization. 60% of Canadians don’t care about bots but bots are here to stay. It is Alexa and soon will be your butler. It will be ubiquitous.
- There are gaps. Many devices are siloed right now. They have limited conversations with other smart home devices. The market is too focused on DIY right now as people want to solve specific problems not do the entire home in one shot. There is little support across the solutions.
- Do you need a smart-fork that monitors how quickly you eat? Do you need this fork to connect to your lights and smoke alarm?