Meet Iris – Lowe’s Smart Home Platform
2
Consumer UIsAccount Management
Service DeliveryDevice Management
IntegrationOverlay Content
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.
IrisPlatformAPI Layer
CRMRules Engine
BillingTech Supp
Automation
Energy Management
Security
ApplianceManagement
Senior Care
Video
Iris Hub
…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
3
Lowe’s aim to take a leading role in the smart home…
We can solve a problem for the consumer and our vendors
Point to Point solutions Multiple Apps and UIs Unconnected channels Complex and expensive Multiple Service Charges No interoperability Cannot scale
We can win by differentiating to….
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
The market today….
… is complex and confusing … make it simple, affordable and scalable
FREE !
4
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
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
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
Vehicles•Car Integration•EV Charging •Prox sensing •Maint Data
Renewables•Solar Panels •Wind Generators •Storage
Elderly Care•Help Pendants •Activity monitoring•Bed Sensors •Location Based Sensors •Medical dispensers •Automated doors •2 Way Voice •Stair Lifts •Mobility Vehicles
Pets•Door Flaps •Location monitor •Feeders
Garden•Irrigation Control •Pool Pumps •Pool Heaters •Machinery (Mowers etc)
Support Services•My Lowe's •installation•Utility Rates •Appliance Repair•Pro Monitoring •Insurance •Nurse Call •Location-based services
Appliances•Fridges/Freezers •Washers/Dryers •Cooking •Misc devices•HVAC
Other Property•2nd Home•Parents•RVs, Boats
Practical Fun•Plant monitors• Localized scents
We are uniquely placed to draw all the pieces together
Lowe’s can deliver a broad product portfolio…
5
• Simplicity• Affordability • Scalability
Offer Smart Home product starter kits with
á la carte options
Overlay simple, tiered services with low priced entry levels
All managed through simple user interfaces over mobile and web.
Safe & Secure$179
Senior Care$219
Smart Home – a la carte
(Hub)
Comfort & Control
$179
Video$129
Smart Home (in a box)
$299
The first step to entering the market…
Basic - Free
Premium from $9.99
The ServicesAllow consumers to
move easily between the service options
The Product Sets
• Safer• More efficient • Easier to manage
We deliver: To Make homes:
Put the smart phone and tablet at the heart of consumer experience
6
The consumer experience…
Simple to install and affordable…
Comprehensive services with
product bundles
‘Magic’ providing simple rules…
7
CES announcements…..
Energy EfficiencyMultiple Thermostat,Hot-Water Heaters, Water Irrigation, Blinds, Whole Home Monitoring Enhanced Rules
Senior CareNew PendantMonitoring Service
AppliancesNew plans for connected appliances
SafetyNew Fire, CO, flood, locks, safes, External IP cameras New Siren
Support Installation
Service
ConveniencePet Doors, Controllers, light bulbs, Plant Moisture Sensors
New PartnersVerizon WirelessVoice Integrators Energy Analytics
Taking Iris to the next level in 2013