How Smart is our Home?

The world is smaller and more connected than ever before. As the length of optical fibre increases every minute and WiFi takes more of the air around us, our access to knowledge & information via the smartphone increases exponentially. However, we still want more. Now, the machines around us will do things without our constant orders and instructions. Artificial Intelligence (AI), machine learning, automation and robotics are all coming together to become true assistants to us humans making our lives much easier, comfortable and leisurely.

“To give an artist leisure is to actually to take part in his creation” – Ezra Pound, American poet

AI, in particular, is changing the way we live, giving us more leisure time and relieving us of some worries. With smart technologies in home appliances, home security systems, doorbell, lighting, etc., we can be more focused on our job as well as give more time on our hobbies. Smart home and Internet of Things (IoT) are completely redefining our way of life.

These smart technologies enable us to control and manage our home as well as office through advanced software and networks, without actually being physically present there. Few years ago, this would sound like science fiction, but today with smart home solutions, we can make a pot of tea while stuck in a traffic jam and it will be ready for us, once we get home. Samsung recently announced that its smart refrigerator can now understand voice commands—you can ask about the weather, manage to-do-lists and calendar schedules. That’s the power of technology and that’s how home automation is changing our lives.

Google, Amazon, Microsoft, Apple, Philips, Honeywell and some hundreds of start-ups are investing heavily on IoT products. IoT is the interconnection among gadgets as well as smartphones via a wireless network. And as people start using the AI-based solutions, affordability will also increase.

According to a report published by RedSeer Consulting in 2015, home automation market in India is growing exponentially and would reached Rs 8,800 crores in 2017.

In addition to that, AI along with new-age technologies require modern infrastructure, which include Optical Cable Fibre in every home and mobile towers in very locality. To expand the infrastructure, the telecom sector needs $10 billion a year for the next 5-6 years to fund the network requirements of the industry. The sector has to add one lakh towers annually over the next few years to match the growth of mobile data traffic.

Smart Homes is the future and it will enhance productivity and enable users to diversify their time and focus on other things as well. This will also open up new opportunities in various sectors, create new skills and employment opportunities apart from making our lives much easier.

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