IOTAS
- 1. IOTAS CONFIDENTIAL. ALL RIGHTS RESERVED. ©@IOTASHOME
Creating Smart Homes with the Real Estate Industry
www.iotashome.com
sce@iotashome.com
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“The smart home market
will reach $71 billion
by 2018”- Juniper Research
@IOTASHOME
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But smart homes
will never happen…
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Millennials aka
“Early Adopters” &
“Generation Rent”
68%* of them rent
homes/apts that
they can’t retrofit.
50% of residents
move within 1
year in the same
building.
DIY is a deterrent
as they don’t want
to move all the
stuff they just
installed.
The cost to
experiment is
too high in
time and $$$.
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4*See page 29
This is the reality of the Smart Home market
These issues slow down the adoption
of Smart Home technology
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IOTAS is partnered with the
Real Estate Industry to
connect Millennials through
Smart Home Technology
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Free as part of Rent,
providing the value of
those devices and more
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Millennials want access to value vs ownership
$990
Cost of ownership
VS
$240
$200
$100
$250
$200
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Step 1 - Make it easy for target market
• Target Millennials where they live
• No need to purchase hardware
• No setup or DIY required
• When they move next, they take their
IOTAS profile with them
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Step 2 - Make it easy to deploy
• Provide standard hardware sizes
• Install during construction or retrofit
• Don’t change construction process
• No training required
• Provide exponential revenue streams
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Step 3 - Get data from entire home
• All outlets & lights measure current
• Everything is controlled & monitored
by phone
• Sensors in every room
• MDU specific networking technology
for pairing and communication
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The Result is Clean Data
• Lab like controlled environment
(apartments have same floorpans)
• Minimal variables to gather data
(unlike Single Family Homes)
• Entire home provides data
• Intelligible data
• Best Machine Learning Algorithm
by June 2015
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AUTOMATE
Planned Patterns
ADAPT
Breaks in Patterns
ANTICIPATE
Learn New Patterns
IOTAS Machine Learning
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So what exactly is IOTAS?
It’s a LIVING PROFILE
Our lives are made up of patterns.
IOTAS captures your patterns,
interactions, preferences & settings to
create your Living Profile.
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When you move…
Your IOTAS Living Profile
moves with you
From apartment to apartment…
then to single homes, work, car, hotel, retail
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Traction & Milestones
1. In December of 2014, IOTAS created
the first Smart Building in the US.
2. Currently in Smart Home Beta
Program with Greystar* in:
• 10 US States
• 1 International - Chile
3. Flextronics is our long-term
hardware partner.
* Greystar has 30% of US Marketshare in Property Management and
Ownership in 33 US states and internationally
Partnership with Capstone Partners in Portland, OR
Mixed use building - 210 units and retailers
Launching in Jan 2014
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Why the Real Estate Industry likes IOTAS
1. It’s easy… installation is the same as standard outlets/switches
2. Energy savings = cost savings for buildings
3. Huge marketing opportunity and differentiation
4. IOTAS updates their old buildings with new technology
5. They can charge more rent
6. 10% Gross Revenue Share
7. There is potential to sell the buildings for more later
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Why residents likes IOTAS
1. Save money by reducing energy bill
2. Control their home remotely using their smart phone
3. IOTAS is ready-to-use with no DIY required
4. IOTAS is easy-to-use Smart Home Technology
5. All their settings & preferences travels with them to new home
and 50% of renters move within one year within the same building.
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Thanks!
For more information, contact:
sce@iotashome.com
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