For electrical contractors specializing in bread-and-butter residential projects, such as changing out light switches and adding receptacles, the proliferation of the Internet of Things offers both challenges and opportunities.
These days, almost anything for the home can be automated. Door locks, window blinds, switches, toasters—all are available as "smart devices" connected to the Internet of Things (IoT). Despite this bevy of products, they can’t all work together.
Rising energy costs, maturing technologies, simplified interfaces, government initiatives and utility incentives are all driving the predicted 29.5 percent compound annual growth rate of the global smart homes and buildings market, creating any number of opportunities for electrical contractors (ECs