Making Broader Sense of Google’s Acquisation of Nest

Last week (13 Jan 2014), Google announced its acquisition of Nest, which produces beautiful internet connected smart thermostats for a USD 3.2 billion (The Big Bs, not just Ms). This news underscores the growing energy efficiency sector and adds further momentum on a trend in consumer energy efficiency smart appliances (enabled by data analytics and sensors) connected to internet enabled devices.

Imagine a little smile to notify you on your energy usage levels, or controlling your aircon with your smart device to cool your home to just the right temperature before getting home and thus avoiding the large bill of leaving the aircon running constantly. Welcome to the age of Internet-of-things!


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