IOTAS

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IOTAS CONFIDENTIAL. ALL RIGHTS RESERVED. © @IOTASHOME Creating Smart Homes with the Real Estate Industry www.iotashome.com [email protected]

description

IOTAS will build Smart Home Technology the right way for the right audience.

Transcript of IOTAS

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IOTAS CONFIDENTIAL. ALL RIGHTS RESERVED. ©@IOTASHOME

Creating Smart Homes with the Real Estate Industry

www.iotashome.com [email protected]

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“The smart home market will reach $71 billion by 2018”- Juniper Research

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But smart homes will never happen…

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Millennials aka “Early Adopters” & “Generation Rent” 68%* of them rent homes/apts that they can’t retrofit.

50% of residents move within 1 year in the same building.

DIY is a deterrent as they don’t want to move all the stuff they just installed.

The cost to experiment is too high in time and $$$.

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This is the reality of the Smart Home market

These issues slow down the adoption of Smart Home technology

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IOTAS is partnered with the

Real Estate Industry to

connect Millennials through

Smart Home TechnologyIOTAS CONFIDENTIAL. ALL RIGHTS RESERVED. ©@IOTASHOME 5

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Millennials live in the rental economy

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Free as part of Rent, providing the value of

those devices and more

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Millennials want access to value vs ownership

$990

Cost of ownership

VS$240

$200

$100

$250

$200

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The IOTAS way is easy

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Step 1 - Make it easy for target market • Target Millennials where they live • No need to purchase hardware • No setup or DIY required • When they move next, they take their

IOTAS profile with them

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Step 2 - Make it easy to deploy • Provide standard hardware sizes • Install during construction or retrofit • Don’t change construction process • No training required • Provide exponential revenue streams

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Step 3 - Get data from entire home • All outlets & lights measure current • Everything is controlled & monitored

by phone • Sensors in every room • MDU specific networking technology

for pairing and communication

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The Result is Clean Data

• Lab like controlled environment (apartments have same floorpans)

• Minimal variables to gather data (unlike Single Family Homes)

• Entire home provides data • Intelligible data • Best Machine Learning Algorithm

by June 2015

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AUTOMATE Planned Patterns

ADAPT Breaks in Patterns

ANTICIPATE Learn New Patterns

IOTAS Machine Learning

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So what exactly is IOTAS?

It’s a LIVING PROFILE

Our lives are made up of patterns. IOTAS captures your patterns,

interactions, preferences & settings to create your Living Profile.

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When you move…

Your IOTAS Living Profile moves with you

From apartment to apartment… then to single homes, work, car, hotel, retail

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Traction & Milestones

1. In December of 2014, IOTAS created the first Smart Building in the US.

2. Currently in Smart Home Beta Program with Greystar* in: • 10 US States • 1 International - Chile

3. Flextronics is our long-term hardware partner.

* Greystar has 30% of US Marketshare in Property Management and Ownership in 33 US states and internationally

Partnership with Capstone Partners in Portland, OR

Mixed use building - 210 units and retailers

Launching in Jan 2014

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Why the Real Estate Industry likes IOTAS

1. It’s easy… installation is the same as standard outlets/switches

2. Energy savings = cost savings for buildings

3. Huge marketing opportunity and differentiation

4. IOTAS updates their old buildings with new technology

5. They can charge more rent

6. 10% Gross Revenue Share

7. There is potential to sell the buildings for more later

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Why residents likes IOTAS

1. Save money by reducing energy bill

2. Control their home remotely using their smart phone

3. IOTAS is ready-to-use with no DIY required

4. IOTAS is easy-to-use Smart Home Technology

5. All their settings & preferences travels with them to new home

and 50% of renters move within one year within the same building.

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Thanks!

For more information, contact:

[email protected]

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