How Can a Smart Household Aid in Economics of the Home?

By: Arindam Paul

Smart homes or the home automation technology has been on the scene for a long time now, and at present, it is increasingly gaining popularity in both residential and commercial spaces all across the globe. The primary reason behind this is rapid technological advancements that have made home automation technology and smart devices much more affordable and user-friendly.

A smart home essentially means a home having a centralized digital control system whereby one can control the functioning of all the electronic appliances and devices in his/her home. This includes your entertainment system (TV, stereo, etc.), cooling (fans and air conditioners) and lighting system, HVAC system, and security system. When all these devices are connected via a single digital home platform, you can control them from anywhere and even any part of the world with just a click on your smartphone or tablet.

Just imagine this – you enter a room, the fan and lights turn on, and when you leave the room, they automatically turn off! Wouldn’t it be nice to monitor the activities in and around your home, even when you are not present there? Wouldn’t it be great if you could keep a close tab on the activities of your children and their caretaker while you are away? Well, you can do all of this with home automation.

A smart home cannot just make a home energy efficient but also economically smart. By making your home ‘tech-savvy,’ it brings with it a host of advantages that help to a great extent in minimizing energy consumption while reducing the costs.

The foremost advantage of home automation is safety and security of your house. With smart security systems, you can not only monitor any suspicious activity going on in your home but also prevent mishaps like a house fire from an oven you forgot to turn off. With just a click on your smartphone, you can lock/unlock your doors, can communicate with your loved ones (children and elderly parents) while you are away, and so much more. Now, every time you go out, you don’t have to worry about locking the doors as automated door locks make it a point that whenever you leave your home, you can be assured of its safety. Needless to say, you save a lot of valuable time!

Another important advantage of home automation is energy efficiency. This technology allows you to set your devices in a way that they can automatically turn off when not in use. This includes your lights, fans, AC, refrigerators, cooking oven, etc. As you begin to use these appliances wisely, you are not just conserving energy, but at the same time, you are saving a lot of money. Your monthly electricity bill will be reduced to a considerable extent, and also you don’t have to spend additional fuel to get back home to check if you’ve turned off all the devices.

Home automation makes your life much more convenient and comfortable. You can control all your devices with voice commands or a click on your smartphone. You will no longer have to get up every time you want to adjust the speed of the fan or switch of the lights – your devices will automatically adjust themselves by learning your usage patterns and behaviors. For instance, you can set your thermostat or AC while you are away from home so that by the time you reach home, the ambient temperature inside is just the way you want it to be. This is not only convenient but also cost-effective. Studies suggest that people who used smart technology save around 10%-30% on their energy costs. In the long run, just imagine how much money intelligent home technologies could help you save!

Home automation is the future. It is the green way of living. As more and more households lean towards smart home technology, it will mean increased availability of our finite resources. Living in an age where the energy resources are on the verge of being exhausted, smart technologies have indeed become a necessity for humankind.


Author Bio:

Arindam Paul is a co-founder of Atomberg Technologies, a startup working towards creating unique energy efficient and tech savvy products. He is currently heading the Marketing and Long term strategy division at Atomberg and is aiming to disrupt the world of household appliances.

Prior to this he has experience of working as a management consultant at Cognizant. He did his undergraduate in chemical engineering from NIT Surat and MBA from IIM Indore.

Apart from this he loves reading non fiction, watching football, blogging and cooking.

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