Text

Text

Understanding Comcast’s “Internet of Things” Story

in 11 Slides

Image source: Cisco.Image source: Comcast.

Comcast has been in the connected home and security space since 2010, when it launched Xfinity Home.

Xfinity Home currently has over 500,000 subscribers, and the company sees it as an important growth avenue.

Image source: Comcast.

The global home security market was worth $28.3 billion in 2014, and research firm Markets and Markets expects that annual spending in the segment will have increased to $47.5 billion in 2020.

Image source: Comcast.

Comcast recently completed its purchase of Icontrol – the company that helped build the Xfinity Home Internet-of-Things platform.

Image source: Comcast.

Comcast’s connected-home service allows users to control security cameras, thermostats, locks, lighting, and other devices through a smartphone, tablet, or voice-operated remote.

Image source: Comcast.

Comcast is also rolling out Digital Home – a new app and platform for managing and interfacing connected devices in homes that use the company’s routers. It expects to have the update available for 10 million Xfinity customers in the first half of 2017 and 15 million customers by year’s end.

Image source: Comcast.

Comcast expects that the average home will have 50 connected devices by 2020, and the company also wants to play a role in connecting businesses and communities to the Internet of Things.

Image source: Comcast.

“We believe the business-to-business segment of the Internet-of-Things market is going to expand rapidly over the next decades as business look to IoT-based technology to manage their businesses in a more effective and sophisticated manner.”

--Sam Schwartz, Chief Business Development Officer at Comcast

Comcast is rolling out its own entry into the Internet-of-Things platform space with MachineQ.

Image source: Comcast.

MachineQ is a platform, and applications suite that’s tailored for smart cities, smart buildings, transportation, and agriculture, and it also has a network component.

Image source: Comcast.

Comcast is using chips from Semtech for Machine Q’s wireless-IoT network.

Semtech specializes in long-range, low power (LoRa) radio-frequency chips for WiFi networks.

Image source: Semtech.

“Technologies such as LoRa are setting the stage for the era of connected devices, and we think our network potentially has a role to play in connecting the millions of internet-enabled devices deployed within enterprises.”

–Sam Schwartz

Image source: Comcast.

The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-

new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early-in-

the-know investors! To be one of them, just click here.