Ikea goes all in on smart home tech

Ikea

Ikea is formalizing what has recently become all too obvious: the company is making a major bet on smart home tech as a source of new revenue. To do this, Ikea announced that it will invest heavily in a new “Ikea Home smart” business unit with end-to-end responsibility for its burgeoning portfolio of smart devices. With access to 780 million shoppers who visit Ikea stores each year, the announcement also serves as a wake-up call to smart home incumbents like Google and Amazon.

“We have decided to invest significantly in Home Smart across IKEA to fast-forward the development. This is the biggest New Business we are establishing since the introduction of Children’s Ikea,” said Peter van der Poel, manager Ikea Range & Supply, aka, the box...

Continue reading…



from The Verge - All Posts https://ift.tt/2TFRzv4
Ikea goes all in on smart home tech Ikea goes all in on smart home tech Reviewed by Benny on August 17, 2019 Rating: 5

No comments:

Powered by Blogger.