AUSTIN, Texas, Dec. 4, 2019 /PRNewswire/ -- Resideo
Technologies, Inc. (NYSE: REZI), today announced the launch
of the Resideo Home app, which will make whole-home monitoring
possible for the four critical networks of the home – water, air,
energy and security. At an event for industry professionals and
partners at the historic Austin City Limits Live at the Moody
Theatre in Austin, the company
showcased its vision for the future of the smart home and upcoming
subscription services made possible by the new app. Through these
services, homeowners will easily connect with professionals who can
help ensure home networks are operating efficiently and can
intervene to help prevent costly damages, like water leaks and
major appliance failures.
"At Resideo, we're committed to helping homeowners make sense of
their homes, and in the process, help professionals modernize and
expand their businesses while giving a better experience to
customers," said Mike Nefkens,
president and CEO of Resideo. "We do not believe that the critical
systems of the home should be a do-it-yourself adventure. Through
the new Resideo Home app, we're going to bring the world of
proactive, professional monitoring to the entire home, helping
better protect the people inside and mitigating problems before
they arise."
Resideo Home and Resideo Pro Apps
Designed to provide homeowners with a simple, unified platform
that connects and manages the home, Resideo will enable the
migration of the company's 6.5 million connected customers,
currently spread out among its existing apps, into the Resideo Home
app throughout 2020. Starting today, users of Resideo's recently
launched Buoy Whole Home Water Controller and Buoy Water Leak
Detectors can begin using the new app and access its free features,
or upgrade to premium services like advanced automatic water
shutoff and leak alerts. In the coming months, Resideo will
integrate air products, such as the T Series line of smart
thermostats, into the app. By the end of 2020, the app will support
Resideo whole-home security systems as well.
Unlike other smart-home apps that merely control gadgets, the
Resideo Home app looks at the entire home by offering a
glimpse into how the air, water, security and energy systems are
performing. The bright and visually rich user
experience offers insights through analytics that will help
the homeowner identify energy savings, water usage and other tips
over time.
A professional version of the app, Resideo Pro, will provide
professionals with installation tools, help them better service
customers through account management and service calls, and provide
access to new business opportunities.
The Resideo Home and Resideo Pro apps are available now in the
iOS and Android app stores.
New Whole-Home Services
Resideo also unveiled its new portfolio of connected, whole-home
monitoring solutions that will be accessible through the app.
Approximately 25% of homes in the United
States have professionally monitored security. In a first
for the industry, the new subscription services from Resideo extend
professional monitoring to the other critical networks of the home.
Resideo's new subscription services will help pros and homeowners
use the data already being produced by the critical systems of the
home in ways that make the home work better and more
efficiently.
"We're giving the entire home a pulse to help both homeowners
and the trade professionals save time and resources," said
Niccolo de Masi, chief innovation
officer and president of Products & Solutions, Resideo. "For
most people, their home is their largest financial investment –
where they live with their loved ones and keep their most precious
possessions. We are proud to bring this much-needed enhanced
protection to the home."
- Smart Water Management is now available on the Resideo
app and integrates with the Buoy Whole Home Water Controller and
the Buoy Water Leak Detector. Through the new $9.99 subscription service, homeowners can start
to make informed choices about their water use. Using data from the
water controller, the Resideo Home app categorizes water usage,
measures flow rate, applies advanced machine-learning algorithms
and analyzes insights in real-time to help homeowners better
conserve water while protecting their home.
- Energy Services will launch on existing T Series Smart
Thermostats in the Resideo app in 2020. The software service
understands how the home's HVAC system reacts and recovers to
changing weather conditions. With that data, the smart thermostat
knows how to adjust the schedule while using the least amount of
energy possible.
- Indoor Air Quality Services will provide real-time
monitoring of factors affecting indoor air quality (IAQ) and
provide tips that help the homeowner take action. Resideo today
announced its new Indoor Air Quality Monitor, which will pair with
the app to let homeowners and their home pros see real-time carbon
dioxide levels, particles, chemicals and humidity to understand the
air inside and do something about it.
- Critical Appliance Monitoring Services will help
homeowners stay ahead of equipment maintenance issues and
breakdowns. Before aging or failing appliances quit altogether,
they tend to draw more energy as their efficiency decreases. Pros
and homeowners using the Resideo app and upcoming monitoring
equipment will have access to data that can help diagnose a problem
before it gets more serious and prevent premature failure in costly
appliances like water heaters and furnaces.
- Security Services integration in the app will
allow homeowners to control Resideo's ProSeries Home Security and
Smart Home Platform coming to market in 2020. This revolutionary
platform delivers entry-level security protection with the ability
to scale to a fully integrated smart home security solution. It
features new self-contained wireless and hybrid panels, an expanded
line of advanced encrypted sensors and life safety devices,
technology expansion modules interchangeable across the entire
platform to help reduce inventory and training costs, and end-user
replaceable parts creating operational cost efficiencies for
dealers with increased account longevity. Coupled with the new app,
this platform brings security, life safety and connected technology
to homes, with a host of features and benefits in one scalable,
flexible, end-to-end platform.
New Tools and Services for Professionals
Resideo also announced a new digital experience that can help
its network of 110,000 trade professionals – and their 1
million technicians – build business for the future, simplify
operations and strengthen relationships with homeowners. The
Resideo Pro Portal (http://pro.resideo.com) offers a single
destination for product information, product support, access to
services and tools to promote and drive leads. A new training and
loyalty program called Resideo Pro PERKS launches in January 2020.
Through the Pro PERKS program, pros and distributors will be
able to access a tiered system of benefits, including strategic
partnerships with other pros in Resideo's network to take advantage
of new business opportunities across the homes' critical networks,
new marketing tools to sell smart home solutions, and new video
courses to become experts on the latest technologies.
"Resideo's value proposition is firmly grounded in the belief
that DIY companies are simply not equipped to address the
installation and integration challenges due to the vast number of
smart-home devices on the market, as well as lacking the know-how
that local contractors have," said Mark
Vena, senior smart home analyst, Moor Insights &
Strategy. "In addition, to manage critical systems in the home like
air conditioning, heating, water management and energy utilization,
advanced technical training and professional-grade equipment is
required – two things the average consumer or the DIY companies
don't possess."
Next Generation Comfort Platform
Resideo also unveiled concepts for its next-generation smart
thermostat it will develop in partnership with professional
contractors. Much more than a thermostat, the device will fully
integrate with the Resideo Home app, providing insight into the
four critical networks and access to subscription services through
on-the-wall control with a modern user interface.
The company plans to launch alpha and beta test programs with
professionals in 2020. More information is available for pros at
https://www.resideo.com/us/en/pro/stay-informed.
"We have an enormous advantage to deliver whole-home monitoring
because of our presence in 150 million homes and decades of
experience," Nefkens said. "Our professional network of suppliers,
dealers, contractors and installers ensures the job is done right,
that dedicated support is always within reach, and will lay the
groundwork to bring the next era of the connected home to
life."
Additional information, photos and videos from today's
announcement are available on Resideo's newsroom.
About Resideo
Resideo is a leading global provider of critical comfort and
security solutions primarily in residential environments and
distributor of low-voltage electronic and security products.
Building on a 130-year heritage, Resideo has a presence in more
than 150 million homes, with 15 million systems installed in homes
each year. We continue to serve more than 110,000 contractors
through leading distributors, including our ADI Global Distribution
business, which exports to more than 100 countries from more than
200 stocking locations around the world. Resideo is a $4.8 billion company with approximately 13,000
global employees. For more information about Resideo, please visit
www.resideo.com.
Contacts:
|
|
Media:
|
Investors:
|
Trent
Perrotto
|
Bob Ryder
|
(512)
726-3512
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(737)
471-0267
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trent.perrotto@resideo.com
|
investorrelations@resideo.com
|
Forward-Looking Statements
This release contains "forward-looking statements." All
statements, other than statements of fact, that address activities,
events or developments that we or our management intend, expect,
project, believe or anticipate will or may occur in the future are
forward-looking statements. Although we believe forward-looking
statements are based upon reasonable assumptions, such statements
involve known and unknown risks, uncertainties, and other factors,
which may cause the actual results or performance of the company to
be materially different from any future results or performance
expressed or implied by such forward-looking statements. Such risks
and uncertainties include, but are not limited to, those described
under the headings "Risk Factors" and "Cautionary Statement
Concerning Forward-Looking Statements" in our Annual Report on Form
10-K for the year ended Dec. 31, 2018
filed with the Securities and Exchange Commission ("SEC"). You are
cautioned not to place undue reliance on these forward-looking
statements, such as the company's ability to enable the migration
of its connected customers to the new app; the likely success of
the company's new whole home services; the success of the smart
water management and energy services and indoor air quality
services each of which speak only as of the date of this release.
Forward looking statements are not guarantees of future
performance, and actual results, developments and business
decisions may differ from those envisaged by our forward-looking
statements.
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SOURCE Resideo Technologies, Inc.