Monetization Strategies for Utilities in the Smart Home:
Adoption, Partnerships, Innovation
The smart home industry is predicted to be worth $121 billion by 2022, with Home Energy Management Systems (HEMS) taking a $3.15 billion share of that market. HEMS technology is growing in popularity and undergoing constant and rapid development. It promises savings, control and peace of mind for consumers, as well as growth opportunities for energy utilities, appliance manufacturers and connected home platform providers.
ACI’s 2017 Smart Home Energy Management Systems Conference will bring together senior representatives from energy utilities, HEMS providers, platform developers, technology providers, industry associations and more. The two-day event will feature informative presentations and engaging discussions examining the challenges to widespread adoption and the growth and revenue opportunities afforded by innovations in technology, business strategy and customer engagement.