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The Rise of Smart Homes: How IoT is Transforming the Way We Live

Stephen Hart

Stephen Hart

Founder - Cardswitcher

Former - Chief Financial Officer @ Worldpay

Imagine a world where you come home from a lengthy day at work and do not have to do anything. You don’t even have to open your own door - it opens by itself, your lights come on as soon as you come into the house, and your appliances start to work.

Arguably, the only thing that you would have to do is to start cooking and looking to find the best way to unwind, whether that be sitting in front of the TV, reading a book, taking a bath, or perhaps even enjoying the collection of games available at https://www.bovada.lv/casino/bitcoin-casino where it is possible to play iGaming titles with Bitcoin as both industries continue to become more and more people with individuals all over the world.

Indeed, that’s the promise of home automation and smart homes - where everything is connected, and you can relax and enjoy. Smart homes basically require little input from you - appliances communicate and talk to each other, making your home a more convenient place to stay.

Your house is supposed to be the one place in the world where you feel most comfortable. And with the concept of the smart home, as well as the Internet of Things (IoT), and artificial intelligence, this could actually be possible.

IoT & Smart Homes

The Internet of Things has been making a lot of headlines recently. This is primarily because one of its biggest applications, the smart home, is getting more popular as well.

A smart home is essentially a house with appliances all connected to the internet that homeowners can remotely control using their smartphones or tablets. The entire house operates using smart devices - from thermostats to smart TVs and air conditioners. These devices are connected to a single network, either through hardwired or wireless connections like Wi-Fi and Bluetooth.

With smart homes, you have devices that are working hand in hand to make life more comfortable for homeowners.

With IoT technology, smart appliances will be able to effectively communicate and share data with each other in real-time. This helps them to perform their tasks on schedule, improving the speed and efficiency of their automation.

In the IoT system, gadgets bounce data with each other thanks to sensors. These sensors help them to learn and gain insights into some of your daily patterns, thus adjusting their operations to make life more comfortable for you. So, if the devices know that you get home from work by 6 PM, for instance, they start to prepare the home before then, ensuring that you have a more comfortable environment when you’re back.

The Benefits of Smart Home Automation

Smart home automation is quickly becoming one of the biggest and most promising trends in residential living at the moment. From temperature and ambiance control to entertainment improvements and home security, homeowners now have the opportunity to control almost every part of their homes for optimal convenience. With a smartphone or a tablet, you can set what you want your house to look and feel like, and the devices start to work on their own.

Interestingly, automation doesn’t just provide convenience. With smart home automation, you can save a great deal on energy costs and other major expenses that you need to cover. For instance, an automated temperature control system helps you to save money on utility bills by adjusting the temperature in the home based on optimal settings. So, the house automatically adjusts its temperature all through the day, saving you a lot of money in the long run.

Besides this, you can save energy via an automated lighting system. Control the lighting in your home via your smartphone or tablet, and turn off lights when they’re not needed. This allows you to cut your costs and save money in the long run.

In terms of security, an automated smart home can also keep tabs on your home surroundings to ensure that there are no stalkers or prospective criminals. Once the cameras view someone, you get alerted whether you’re at home or not. You can then decide whether to alert law enforcement. It essentially doesn’t matter whether you’re home - even from a distance, you can protect your home.

Bottom Line

In general, the inclusion of automation in home living can significantly improve convenience and functionality. You can save yourself a lot of money, while also getting more out of your home.

The concept is still in its infancy, of course - not every device is compatible with a smart home network just yet. And, as things stand, there are several security considerations to still examine. However, as more companies step into this space and device compatibility improves, there is a lot of potential in this area going forward.

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Written by:
Stephen Hart

Stephen Hart

Founder - Cardswitcher

Former - Chief Financial Officer @ Worldpay

Stephen brings a wealth of experience honed through years in the financial sector, particularly in the card processing payments industry. His illustrious career spans key roles at PwC, Natwest, and the role of CFO at WorldPay, before going on to found card processing comparison site, CardSwitcher. He is passionate about helping growing businesses to understand the card processing landscape so they can make savvy financial decisions.