Old Thermostat Companies Entering Smart Market

The expanding marketplace is known as the “Internet of Things” is giving older established companies’ new opportunities to grow products in the market of smart devices. The proliferation of smart phones allows individuals to control devices at home, at work and while traveling. Within the home, the natural place to start is the home heating and air conditioning system, which gives established thermostat companies a new avenue for partnerships and product development. Once these new markets are recognized and products are developed, there are openings to create new products to take advantage of the technology and the entry into the …

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