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Category "Medium"

20Dec

eZLO Announces Acquisition of MiOS to Accelerate Time to Market in Smart Home Sector

by ezlo

Ezlo, a global innovator and developer of smart home automation solutions, today announced the acquisition of the California-based company MiOS, a leading smart home services platform provider (PaaS) with an established history in the rapidly expanding IoT market.

CLIFTON, N.J., Aug. 15, 2019 (GLOBE NEWSWIRE)

The transaction further positions eZLO to offer increased accessibility in the smart home automation market with cost-effective and easily adaptable solutions that greatly accelerate time to market for OEMs and B2Bs across a range of verticals.

“The high cost of software development is a deterrent for many looking to incorporate smart technologies into their products,” said Chief Executive Officer of eZLO, Mark Samuel. “We are excited about the impact that eZLO and MiOS together can have on the market. By combining MiOS’ technology with our innovative four-pillar software platform, we’ll be able to expand the smart home ecosystem beyond its traditional definition and create a unique, turnkey solution for companies looking to quickly scale to market with new smart home capabilities for their products and services.”

MiOS and its Vera branded consumer line of products will continue to operate under existing brands as part of the eZLO Innovation family, and eZLO plans to invest further in the products and platforms currently under development. Additionally, MiOS brings to eZLO an impressive sales channel with a global customer base ranging from innovative start-ups to Fortune 500 companies; support and sales contacts for these existing MiOS customers will remain the same.

“We are excited to become a part of eZLO as we believe this combination will further enable us to accelerate our innovation pipeline to drive the smart automation market landscape into the future,” said Lew Brown, MiOS chief executive officer. “MiOS has a long-standing and respected reputation in the B2B environment and we look forward to applying our assets to the innovative efforts we’ve seen from eZLO and their ecosystem.”

For more information on eZLO’s four-pillar platform, visit www.ezlo.com; for more information on the MiOS service platform and products, visit www.mios.com.

20Nov

How To Evolve Your Business For An IoT-Driven World

by ezlo

It took the entirety of human existence for the global population to reach 7 billion people. The Internet of Things (IoT) has eclipsed that number in just seven years. Today there’s nearly one connected device for every person on the planet — and that’s not even accounting for smartphones, tablets, and laptop computers

This growth shows no signs of slowing, either. According to IoT Analytics, by 2025, the number of deployed IoT devices will outnumber the global population by a ratio of nearly 3 to 1.

It’s not surprising, then, that CEO World Magazine says one of the biggest questions facing business leaders today is how to most effectively modernize or digitize their business. Not doing so, puts them at high risk of being left behind in an increasingly connected world.

There’s just one problem. 66% of executives say that a skills gap prevents them from successfully leveraging IoT technologies,¹ and of those who have waded into the waters of IoT, a full 75% consider those initiatives to have ultimately been a failure.²

So how can traditional companies effectively evolve, and position themselves for sustained growth, in an increasingly connected world? There’s no absolute right way, but here are a few tips to ensure you’re giving your company the best chance to succeed.

1. Walk, Don’t Run

The variety of applications for IoT devices is nearly limitless, so the first question to ask yourself is how you can best deliver more value to your customers. While some businesses will want to run before they walk, it’s better to focus on filling a market need by delivering one or two things really well, and then expanding over time.

Take, for example, the property management company that was one of the first to develop a cloud-based, keyless entry system that allowed hosts of vacation rental properties to easily assign unique PIN codes to each new guest, monitor the comings and goings of cleaning staff, and more. At the time, this service was revolutionary, and was quickly adopted by platforms like Airbnb and VRBO. Later, the property management company added a home control offering to their line, which enabled owners to offer their guests yet more benefits: a full smart home experience, including lights, thermostats, and security.

2. Find The Right Technology Partner

Given the statistics cited above, you should take a serious look at finding a technology partner with an established track record before trying to take on the burden of building you own solution. While many technology companies can provide some of the necessary components — an app, a cloud service, hardware — very few combine all of them into a single platform. If you’re starting from scratch, or close to it, one-stop shopping is always easier than trying to find multiple solutions that can be stitched together.

Two years ago, one of America’s largest energy providers decided they wanted to add home control capabilities to their consumer offering. They began with a field of 15 possible partners, but as the conversations began, it slowly became clear that almost none of the companies could deliver on all of the energy company’s needs. In the end, only one was able to give them a white-labeled application, hardware that could incorporate smart energy monitoring, the flexibility to create new features and services, and the cloud infrastructure that would future-proof their investment. That partnership is now blossoming, and the energy company is rolling out their new solution to several of its brands.

3. Use Data To Drive Growth

There are two key ways in which companies can leverage user data to drive growth. By looking at data on a macro-level, companies can better determine which new features or additional products should be prioritized on their innovation roadmap. On a micro-level, user data can help companies build more personalized experiences for each individual customer — which in turn develops increased brand loyalty.

One company used their data to accomplish both of those things in one fell swoop. Their initial offering was a clean energy subscription service built on an IoT platform that allowed them to aggregate data across a wide range of customers. They then analyzed the trends and developed a new feature that reduced power to unused appliances during peak hours. The result? Lower monthly energy bills for their customers and an increased retention rate.

As the number of IoT devices grows at a rate of 3x over the next several years, products will become increasingly differentiated by the types, and amount, of data they collect. The companies that are best at turning insights into action are the ones that will see the most success. Many of the world’s top companies are already evolving their offering to include connected devices, but many more have yet to make the leap.

Now is the time. If you’re looking for an end-to-end platform with feature customization and white-label products that let you put your brand front and center, contact MiOS to learn more about how we can partner to innovate your business and help you drive growth in a more connected world.

11Sep

Ezlo Innovation Launches the Atom, the Smallest, Most Affordable Smart Home Hub On the Market

by ezlo

Clifton, New Jersey. September 4, 2019

Ezlo Innovation, a global leader in the development of smart solutions for homes and businesses, today announced the Atom — the newest addition to its Vera product line. Packed with power and easy to use, the Atom plugs directly into any USB power adapter and enables users to control Z-Wave and Wi-Fi devices via the intuitive Vera mobile app.

We want to broaden the consumer base for home automation. The Atom delivers total home control in a form factor that everyone is familiar with, which makes it more approachable than the traditional hubs that are literal black boxes. And at just $29.95 — less than half the cost of most other solutions on the market — it will open the idea of home automation to many who may not have previously considered it.Mark Samuel, CEO of Ezlo Innovation.

The Atom represents the next generation of Vera home controllers and is the first product released since Ezlo Innovation acquired the company last year. Smaller, wireless, and more affordable, the Atom gives homeowners unified control of smart devices like lights, door locks, sensors, switches and more.

According to IDC research, the smart home industry is poised for 26.9% year-over-year growth in 2019 with sustained growth of nearly 17% through 2023. As consumers look to add multiple devices throughout their homes, more businesses are looking to offer smarter solutions, too.

The Atom is an ideal IoT gateway for businesses. In addition to its simplicity and affordability, it runs on Ezlo’s state-of-the-art MiOS cloud platform, which features a distributed architecture of auto-scaled microservices for greater speed, performance, and scale. Leveraging Ezlo’s hardware, cloud, and software-based services, businesses can reduce their time to market and quickly evolve their business for a more connected future.

This announcement follows Ezlo Innovation’s acquisitions of Centralite SystemsVera Control, and Fortrezz. The Ezlo Atom is now available for preorder. To learn more, please visit https://getvera.com/products/ezlo-atom.

About Vera

Vera, an Ezlo Innovation company, is the smarter home control solution that makes homes safer and lives easier with affordable and easy to use home control hubs, cameras and services. Learn more at www.getvera.com.

About Ezlo Innovation

Ezlo Innovation delivers best-in-class connected solutions to homes and businesses on a global scale. Its family of brands, which includes Vera, MiOS, Fortrezz, and Centralite, has nearly 50 combined years of experience the home automation and IoT markets. Ezlo delivers home control products and services both directly to homeowners and through a global dealer network, and their white-labeled B2B solutions are being used by businesses across categories like wellness, insurance, security, energy, and property management. Ezlo is headquartered in Clifton, New Jersey, with offices in Ukraine, Romania, and Colombia. Learn more at www.ezlo.com.