Thursday, August 27, 2015

Smart apartments get real

Forbes is highlighting two instances where smart apartments are becoming real. First, it looks at utility metering company NWP, which has helped apartment owners keep a tab on gas, water and electric use in the past. The firm is now testing certain smart devices, such as locks, thermostats and automated lighting at some of its clients’ apartments in California to see how residents respond. CEO Ron Reed tells the magazine installing the smart devices can help owners save money by being able to turn up or down thermostats when residents move, or eliminate the need to switch out locks. Meanwhile, Greystar Management is working with tech start up Iotas in Portland to install $900 worth of sensors in some of its apartments. It plans to use data from those sensors to recommend ways residents can save money on utilities, as well as market future smart home devices. Seems like two solid steps toward making the much-talked about possibility of smart apartments a reality sooner rather than later.

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