The fusion of the Internet of Things (IoT) and Big Data analytics is revolutionizing the home security market. The IoT defines the integration of sensors, software, and network connectivity in the devices that we use each day. This concept illustrates our connections with our devices, other people, and the way we relate to things. According to the Markets and Markets research firm, the security industry is forecast to expand from $70 billion to $113 billion by 2021.
This expansion has been the catalyst for Big Data analytics and the IoT merging through the utilization of machine learning capacity in innovative new products. Security dealers need to stay informed of their customers’ increased reliance on the Internet of Things (IoT) and Big Data in their connected homes.
Artificial Intelligence
Artificial intelligence (AI) technologies like facial recognition, augmented reality (AR), and virtual reality (VR) are being increasingly used in the physical security industry. Security systems like Connect+ from Alula have integrated cloud video which works with most IP cameras and stores the video in the cloud where the end user can easily monitor activity while away. AI can use machine learning algorithms and visual recognition techniques to identify and register faces and assess potential threats to home security. It’s a brave new technological world of IoT, Big Data, and AI that we live in, something that may at times seem overwhelming. However, when you as a security dealer take a step back to understand the individual facets that are fused together, you can better serve your customers and help them make more informed decisions regarding home security systems.
IoT and Home Control
According to Security Magazine, the amount of IoT devices is estimated to increase by more than 50 billion by 2020. Managing home automation and security is made easier with the integration of the Internet of Things with the alarm system, meaning your customers will have the benefit of home management when out of the house. The fusion of this innovative technology makes it easy to control lights, adjust temperature, lock doors, and view cloud video surveillance. With the right system, parameters can be customized to receive on-the-go notifications through email, voicemail, push or text—with access to a virtual keypad on a tablet, mobile, or PC. With the advanced technology of real-time notifications for any suspicious activity that occurs in the home, your customers will have a renewed peace of mind.
Big Data and Predictive Modeling
All of your customer’s IoT devices are accumulating data. This Big Data is significantly intertwined with the IoT and the degree to which the home is automated and secured. To help fully secure your customer’s home, it is important to know at any given time who is in the house, what is happening, and if any patterns emerged. Big Data generated through the IoT — and mobile and cloud computing — can be utilized to augment the decision-making progression and ensure transfer of innovative functions like insightful predictions to promote a more highly efficient automated and secured home.
With the merging of the Internet of Things, artificial intelligence, and Big Data, home security is increased, and peace of mind is achieved. Taking the time to fully comprehend how Big Data, AI, and the IoT work together to ensure the effective protection and superior functionality of your customers’ homes is an important first step in ensuring that you have all the pertinent information to guide consumers on integrating the right security and automation system in the home.
