Smart technology company AlertMe joins forces with US DIY chain Lowe’s

UK-based smart energy management company AlertMe is moving into the US market thanks to a partnership with DIY retailer Lowe’s.

Lowe’s, which has 1725 stores in the US, Canada and Mexico and around 15 million weekly shoppers, will sell a cloud-based home energy management system for its new Iris™ service rooted in AlertMe’s Smart Home platform and home hub.

Iris, which will go on sale later this year, provides energy and home management tools, which can be accessed through devices like Smartphones, to monitor and control heating thermostats, smart plugs, lighting, motion and door/window sensors, as well as renewable energy systems like photovoltaic panels.

Until now, such systems have been prohibitively expensive for all but a few homeowners. The decision of a major DIY retailer to offer a home management system signals the entrance of the technology into the mainstream.

“The Smart Home will be the next major consumer technology innovation,” says Mary Turner, CEO of AlertMe. “Consumers are used to living their lives on the go, online and increasingly on their Smartphones. They have been connected to all aspects of their lives including their work, friends and their bank – now they can be connected to their homes, in the same…way.”

AlertMe was started in 2006 and is being backed by Good Energies, Index Ventures, SET Venture Partners, VantagePoint Capital Partners and British Gas. It also recently finalised a partnership agreement with Deutsche Telekom.

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Related stories:
Itron and Panasonic join forces on smart metering (19-Dec 2011)
Siemens acquires US smart grid software company eMeter (8-Dec 2011)
UK energy regulator Ofgem awards £57 million to six smart grid projects (29-Nov 2011)
British Gas takes £5.7 million stake in AlertMe (8-Oct 2010)

06 January 2012