August 2018 |
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2018 Voice Buyer's Guide: Smart Building Edition |
Ken Herron Chief Marketing Officer, UIB http://www.linkedin.com/in/kenherron |
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“It all comes down
to one word:
friction. People will rely on voice for more tasks throughout their day
because voice removes friction. As the builders of tomorrow, I urge you
to consider daily routines, from the memorable to the mundane, and
those moments when you want to take action right now. Which tasks can
you make faster, easier, and more delightful with voice? How will your
approach build engaging premium experiences worth paying for?”
- Gary
Vaynerchuk on July 17, 2018 (source: https://youtu.be/IbX5-t_HUlc)
The answer is voice.
But which of the two major voice solutions — hardware- or
software-based — is right for you, your building, and its occupants?
And spoiler alert, the best solution for your building may be an
integrated solution using both!
About five years ago, your buildings, specifically the devices within
them — lights, locks, blinds, doors, and others — and the systems that
manage them — fire, water, security, HVAC, and others — became “smart.”
Connected to the internet. Each able to be controlled, remotely,
through its own unique little mobile app. Now, however, the choice is
voice. Beyond mere “app fatigue,” apps are dead because voice offers a
faster and easier way to communicate and accomplish tasks than mobile
apps. But there’s one more critical decision for you to make that
directly impacts your business, your financials, and your building’s
stakeholders — from tenants to their guests, facility and property
managers to investors and owners.
To allow the ability to “talk” to your building, you must meet your
customers where they are. Translation? That means you must be on all of
the channels, and on all the devices they choose to use (which will
vary greatly for residential vs. commercial buildings). Do you go with
hardware or software? Smart speakers or intelligent IoT messaging? Or
both? What’s the right answer for you?
Disclaimer: I work for an intelligent
IoT messaging company.
This Buyer’s Guide is for building decision makers, including owners,
investors, architects, designers, developers, property and facility
managers, tenants, and users. It applies equally to greenfield and
brownfield, single buildings and global portfolios, and buildings in
Singapore and St. Louis. If you are are the decision maker, this voice
buyer’s guide is for you.
Specifically, this guide was written to help you to decide on the right
voice solution. I will share with you an approach, present the market’s
current options, explain the technologies that make each of them work
and encourage you to view this not as a purchase of technology or as
just an IT expense, but as an investment in the digital transformation
of your business. As my former Realogy colleague and longtime Cushman
& Wakefield CIO Craig Cuyar (https://www.linkedin.com/in/cuyar/)
always told me, “It’s never about the technology. It’s always about the
people.”
Where should I start?
What do you want to achieve with voice? It’s not a rhetorical question.
Answer the question of what exactly it is that you want to achieve.
Happy tenants? Reduced costs? Increased rents or sales prices? This is
not a trick question, there is no “right” or “wrong” answer. But it is
a question you must answer, thoughtfully. As everyone’s grandfather
told them at some point — if you don’t know where you want to go, how
will you know if you get there? Early adopters with money to burn can
skip this. But if you’re running a business, and you are directly
accountable for the ROI of every Dollar, Euro, or Dirham you spend,
start with what it is you want to achieve.
Remember that your smart building is just one part of the larger voice
ecosystem. It connects to everything else in your smart city’s
infrastructure — including shopping, transportation, healthcare,
education, and housing. People are already beginning to control their
lives through voice. While it may have started at home controlling IoT
devices, it now extends into your building.
What criteria should I consider?
Here’s a worksheet to get you started. Only you can prioritize the
list, but it will include the following criteria along with the
additional ones which are unique to your building:
What are the two choices?
To control your building’s devices and systems with voice, you can now
use a smart speaker (the hardware solution), intelligent IoT messaging
(the software solution), or both.
While new smart speakers continue to be introduced at each major
industry trade show — meaning this list is constantly growing —
the current top manufacturers (in alphabetical order) are:
What are the real differences?
A smart speaker is a piece of hardware. It’s a wireless speaker and
voice command device with an integrated Artificial Intelligence- (AI-)
powered virtual assistant that offers interactive actions and
hands-free activation with the use of a “wake word.”
Intelligent IoT messaging is a piece of software. Using AI through a
SmartContact® added to the user’s smartphone, people can talk back and
forth with connected devices and systems on their preferred
communications channels.
Here’s the side-by-side comparison of the two voice solutions. Keep in
mind, however, that every smart speaker (hardware) can be a
communications channel (i.e., along with SMS, email, chat, messaging,
and social media) in intelligent IoT messaging’s (software)
SmartContact:
Any final considerations?
[an error occurred while processing this directive]Think
about how voice can increase your revenues and profits. Voice is
not just about cost reduction. While there’s often an extreme focus on
how the use of voice can reduce expenses, whether you’re doing the math
just for yourself or constructing a formal business case for review by
others, be sure to include the incremental revenues that can be
generated from the new, value-added services your voice solution can
provide. The available use cases are limited only by your imagination;
your building’s specific smart products, systems, and chatbots; and the
voice solution you choose.
What’s coming next?
Today, voice still has its vulnerabilities (i.e., anyone within voice
range can freely control your smart speaker
(https://twitter.com/unifiedinbox/status/908643896057573376)).
Voice
biometrics (see https://www.myvoice.ai
and https://www.dspg.com)
will
make voice the most secure solution to date, replacing our hot mess of
passwords. Biometrics eliminates the need for a physical device to
verify your identity and permissions. You, specifically your voice,
becomes the remote control for everything. Voice biometrics will soon
allow us to control our homes, our buildings, and our cars, connecting
us to everything. This isn’t new. 250,000 years ago, humans co-existed
with everything around them through voice and now we’ve come full
circle to once again use our own natural voices to co-exist with
everything around us.
Humans have a tendency to jump out of the airplane with new
technologies and then build the parachute on our way down. Voice is no
different. Humans have always used voice, but now we’re creating the
components we need to make it safe, secure, simple, smart, usable, and
applicable across everything we do. Voice recognition isn’t new
(https://www.amazon.com/Thumbs-Up-Whistle-Key-Finder/dp/B004R6Z0YE).
What is new, however, is that we’re now developing the ability for
voice to exist in our world instead of the other way around.
About the Author
The #1 Internet of Things (IoT) expert on social media and the fourth
most-followed CMO worldwide on Twitter, Ken is the Chief Marketing
Officer for Singapore-based intelligent IoT messaging company Unified
Inbox Pte. Ltd. (UIB).
A graduate of the Stanford Graduate School of Business’ Marketing
Management Program, Ken earned his Master’s degree in International
Management from the Thunderbird School of Global Management.
Ken hosted the award-winning Social Solutions podcast for seven years
and is a popular author and frequent speaker on digital transformation
and leveraging new technologies to emotionally connect companies to
their customers. Follow Ken on Twitter at @KenHerron!
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