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Smart Homes: Cool Technology But Will It Save You Money?
Published Aug 22, 2010
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Vienna is hosting Europe’s first look at the “smart home” of the future in September when hundreds of utility, telecom, appliance, high-tech and software experts gather in the Austrian capital for the Smart Homes 2010 conference and expo.
“We have the advanced technology to create a smart home and better control the energy we use”, says Anthony Pohl, director of Smart Homes 2010. “The challenge now is to converge all the appliances and energy systems in our home to work together intelligently, creating a more energy-efficient system. The other challenge is to make it cost effective for the consumer and profitable for the service providers creating a business case.”
By 2013 over 20 million worldwide homes will be equipped with smart home systems, and by 2014 the global smart homes market is estimated to be valued at $13.4 billion. Growing at a rate of 16.5% between 2009 and 2014, this multi-billion dollar market is accelerating fast.
Posted by
VMD - [Virtual Marketing Department]
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