Transcript The Connected Home is a new growth opportunity…

Meet Iris – Lowe’s
Smart Home
Platform
The Connected Home is a new growth opportunity…
We are moving towards a time when everything in the home will be IP addressable and
networked - this is the ‘Internet of Things’. We see this as a growth opportunity for Lowe’s so
we have developed a Cloud based platform called Iris to enable customers to remotely monitor
and control their home.
Energy
Management
Automation
Security
Iris
Platform
Iris Hub
API Layer
CRM
Rules Engine
Billing
Tech Supp
Appliance
Management
Video
Senior Care
…in the future, it will be the combination of product with service that will
deliver value to the consumer through smart phones and tablets.
...it’s not connecting customers to their things that will ultimately deliver value,
it’s connecting the tings to each other.
…Lowe’s is ideally placed in the market to create a new paradigm in
home management
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Consumer UIs
Account Management
Service Delivery
Device Management
Integration
Overlay Content
Lowe’s aim to take a leading role in the smart home…
We can win by differentiating to….
The market today….
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Point to Point solutions
Multiple Apps and UIs
Unconnected channels
Complex and expensive
Multiple Service Charges
No interoperability
Cannot scale
… is complex and confusing
Focus on the consumer
Provide a single UI to integrate
Connect everything in the store
Support open standards
Provide a platform for our vendors
Deliver great customer support
Deliver integrated solutions
… make it simple, affordable and scalable
We can solve a problem for the consumer and our vendors
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Lowe’s can deliver a broad product portfolio…
Home Monitoring
•Motion Detectors
•Door/Cabinet/Window Sensor
•Key Fob
•Keypad
•Panic/Help Button
•IP Video
•Motion Detector(pet tolerant)
•Water Sensor
•Fire Detector
•Carbon Monoxide
•Directional Detectors
•Device Tagging
•Safety
Energy Management
•Analytics
•Thermostat
•Smart Plug
•Optical Meter Reader
•Clamp
•Integrated Metering
•Water Monitoring
•Gas Monitoring
•Oil Monitoring
•Ceiling Fans
•Water Heaters
•Water Filters/Purifiers
•Temperature Sensors
•Humidity Sensors
Vehicles
•Car Integration
•EV Charging
•Prox sensing
•Maint Data
Home Automation
•Door locks
•Wall Switches (Int/External)
•Wall Plug Sockets
(Int/External)
•Controllable Light bulbs
•Window Blinds
•Water Shut Off Valves
•Window Shading
•Garage Doors
•Humidifiers/Dehumidifiers
Elderly Care
•Help Pendants
•Activity monitoring
•Bed Sensors
•Location Based Sensors
•Medical dispensers
•Automated doors
•2 Way Voice
•Stair Lifts
•Mobility Vehicles
Appliances
•Fridges/Freezers
•Washers/Dryers
•Cooking
•Misc devices
•HVAC
Garden
•Irrigation Control
•Pool Pumps
•Pool Heaters
•Machinery (Mowers etc)
Renewables
•Solar Panels
•Wind Generators
•Storage
Other Property
•2nd Home
•Parents
•RVs, Boats
Practical Fun
•Plant monitors
• Localized scents
Pets
•Door Flaps
•Location monitor
•Feeders
Support Services
•My Lowe's
•installation
•Utility Rates
•Appliance Repair
•Pro Monitoring
•Insurance
•Nurse Call
•Location-based services
We are uniquely placed to draw all the pieces together
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The first step to entering the market…
Overlay simple, tiered
services with low
priced entry levels
Offer Smart Home
product starter kits with
á la carte options
All managed through
simple user interfaces
over mobile and web.
Smart Home
(in a box)
Basic - Free
$299
Safe &
Secure
$179
Senior
Care
$219
The Product
Sets
Comfort &
Control
$179
Smart Home –
a la carte
(Hub)
Video
$129
We deliver:
• Simplicity
• Affordability
• Scalability
The Services
Allow consumers to
move easily between
the service options
Premium from
$9.99
To Make homes:
• Safer
• More efficient
• Easier to manage
Put the smart phone and tablet at the heart of consumer experience
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The consumer experience…
Comprehensive
services with
product bundles
‘Magic’ providing
simple rules…
Simple to install and
affordable…
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CES announcements…..
Safety
Convenience
New Fire, CO, flood,
locks, safes, External IP
cameras New Siren
Senior Care
New Pendant
Monitoring Service
Pet Doors, Controllers,
light bulbs, Plant Moisture
Sensors
New Partners
Energy Efficiency
Verizon Wireless
Voice Integrators
Energy Analytics
Multiple Thermostat,
Hot-Water Heaters, Water
Irrigation, Blinds, Whole Home
Monitoring Enhanced Rules
Support
Appliances
Installation
Service
New plans for
connected appliances
Taking Iris to the next level in 2013
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