Is it Too Late to Get Into the Smart Home Market?

Nest is doing a number on HVAC companies the way the iPod and iPhone did to music players and phones. Yet, as we have detailed before, as gorgeous as Nest thermostats can be, they can also be problematic, if your wiring isn't compatible.

We detailed recently how we had to run a C-wire to one of our thermostats to prevent it from turning on the air conditioning when heat was needed. We still have another thermostat which probably needs a C-wire as well or some software modifications to prevent the same problems. More to come on the matter next spring.

Nest, for its flaws has the first-mover advantage. Unless it goes the way of Uber and has a string of harassment issues and other dubious behavior, it will be very difficult to catch them. This of course is even before they had the power of the search monopoly, Google behind them.

Is there room for a new entrant we wondered? Honeywell has done a good job being Honeywell. They make solid products which aren't always slick but which work with your home, smart or not. 
 

For the rest of this post by Rich Tehrani, CEO, TMC, please click here. 

Edited by Ken Briodagh