Last Updated: All businesses, regardless of industry, face risks that should be covered by insurance. The most common and comprehensive type of policy business owners invest in is general liability insurance or CGL. While businesses aren't legally required to carry general liability insurance, operating without it is extremely risky.
30 Smart Home Statistics for All High-Tech Enthusiasts
How to start your smart home business
How to Start a Home Automation Business
For decades, the promise of the smart home has tantalized businesses looking to capitalize on the dynamics of connected technologies in the home, predicting and managing the desires of the occupant entirely without human interaction. Yes, the smart home is here to a certain extent, but experts predict the truly interconnected smart home, where devices and appliances can talk to each other may still be a decade away. There are important issues such as data security and interoperability between devices to address. The challenge until then for manufacturers and service providers is how to maximize the revenue potential from stand-alone, pointed appliances and devices using smart home technologies that provide added-value to homeowners. The market is there.
Home Automation is one of the fastest growing industries in the United States. In order be be successful at anything you need a system that is structured and organized. With Loxone you have everything you need in one solution, including the professional backing and support of your manufacturer.