Adarsh Dhatt's blog

Generally the topics of thermostats and their competitive markets has never been a buzzing topic, however in recent years two companies in particular have emerged to change this. They have created incredibly innovative designs and features to make consumers care which thermostat they own. Initially, in 2009, the much smaller company, ecobee created the first Wi-Fi controlled thermostat. This company’s innovation brought the emerging technological era into a product no one generally considers. This idea promoted competition and interested Tony Fadell who started a company called nest (eventually purchased by google) to rival ecobee. Now these two companies are similar to Apple and Samsung in their fight for the best thermostat. ecobee’s latest product is a thermostat with so many features and luxuries that consumers didn’t even know they needed. They have created an extremely sleek and stylish design, while incorporating many features; they have made it made it environmentally friendly, cost efficient for your energy bill, weather forecasts, auto learning and auto timing and many more. In addition they have a smart-phone controlled option to control individual rooms. All of these being specifications not expected from a thermostat; they have taken the thermostat, like Apple took the phone, added countless additional features, and are attempting to revolutionize the market and make it the staple, just as Apple did with the phone. However, with this revolution, there are rivals, Nest has also created a similar product, also with an eye appealing design and loaded with specs. These two companies have introduced a whole new market prime for development, improvement and serious competition over time. They have intelligently connected thermostats, something nearly all residents need and have, to the ever growing digital world we live in. It would not be a surprise if the future of this industry was changed due to these new and promising ideas.

https://store.nest.com/product/thermostat/

https://www.ecobee.com/

http://www.cbc.ca/news/business