Why Do We Even Have That Lever?
Welcome to our ever-present goal to bring you the latest news coming out of the residential side of the AV industry. Joining us to discuss the world of AV is Manager of Software Development for BlackWire Designs Seth Johnson and AVNation frontman Tim Albright.
The National Kitchen & Bath Association has hosted their first Luxury Bath Summit. True to their namesake, NKBA has previously hosted shows like the Kitchen & Bath Industry Show and are now looking at the luxury bath segment by way of a two-day virtual conference. There were a few things to take away from the summit such as a desire for more square footage in the bathroom, as well as an interesting comment on wanting integrated technology without ‘having to work the technology.’ So, what insights can integrators working in the business actually glean from this? Are we too far detached from this side of the resi space to really get involved?
Speaking of reports, we look at the research from Interpret about artificial intelligence used in the smart home space. The most sought out features are listed but not limited to analytics for packages that have been dropped or moved, detecting audio sources such as alarms or broken glass, and enhanced encryption. But the real sticking point for our panel is the use of the phrase AI. Rather than go down that rabbit-hole, we discuss the actual meat of the findings and discuss the advancments in the IoT space and how they could be applied within residential spaces.
Matt Bernath writes a fascinating article in Residential Systems about “Pulling the Right Profit Levers”, talking about how to manage the proverbial spread of mix and margin for your business. It’s a great read for those in the residential industry to look at how to handle cashflow within a company to turn it into results. So what does that mean, exactly? We discuss the finer points of the article and how they apply to integrators.