It was pretty sad to see the guys at Ninja Blocks crash and burn earlier this year, taking down about $2M of kickstarter & VC funds.
The following thread about Ninja Blocks folding is sobering for those thinking about starting up a IoT / HA business - these guys had some good ideas (eg. triangulation), using modern tools / technologies and had some savvy technical & business people on the team. IoT seems to be a gold rush at the moment, but proving to be difficult to make $$$ and stick around for the long term.
https://discuss.ninjablocks.com/t/ninja-blocks-whats-been-happening-whats-happening-next/3608
I agree with earlier posters that a number of the 'cool' IoT / automation products that think having a phone app to control the device isn't a long term viable solution as the problem space for HA isn't the device or being able to control it in an isolated monolithic way, but to be able to integrate all the disparate systems popping up in the modern house into a cohesive system that orchestrates multiple devices, provides smart logic, and is easy to use and accessible with multiple devices.
The following thread about Ninja Blocks folding is sobering for those thinking about starting up a IoT / HA business - these guys had some good ideas (eg. triangulation), using modern tools / technologies and had some savvy technical & business people on the team. IoT seems to be a gold rush at the moment, but proving to be difficult to make $$$ and stick around for the long term.
https://discuss.ninjablocks.com/t/ninja-blocks-whats-been-happening-whats-happening-next/3608
I agree with earlier posters that a number of the 'cool' IoT / automation products that think having a phone app to control the device isn't a long term viable solution as the problem space for HA isn't the device or being able to control it in an isolated monolithic way, but to be able to integrate all the disparate systems popping up in the modern house into a cohesive system that orchestrates multiple devices, provides smart logic, and is easy to use and accessible with multiple devices.