A very inspiring article was published.
The company's core business is security, followed by AI (artificial intelligence). Security and AI are needed because of the services they provide. In 2016, President Egawa made a bold move: "I was looking for a service that would allow me to feel the IoT firsthand, but I couldn't find one. I thought I'd start an IoT condominium, so I built one on the spur of the moment.
In February 2017, Mr. Egawa began living in an IoT apartment building with his family and employees. IoT apartments are not just about "turning on the air conditioner with your phone while you're away," "smart locks so you don't need a physical key anymore," or "controlling appliances by talking to an AI speaker. This is an apartment that collects and analyzes every action as a log with sensors installed throughout the house.
IoT condominium built with 150 million yen of my own money, but success is still ahead of me even if the life logs are leaking
Mr. Egawa, who is the president of SELTECH, a venture company that develops software for security and IoT technology, invested 150 million of his own money to build a new IoT apartment. It's on a scale that makes me dizzy...
The smart home concept is only a hub. In the software world, it has the status of middleware, so if front-end applications do not increase, there is no point in consumers spending money because they cannot see the future of how to utilize the accumulated data. We see this as a major challenge for the current smart home concept.
President Egawa also made the following statement.
President Egawa continues, "IoT is something that enriches people, but we are still at the stage where we haven't verified what that something is or even where it is going. He says that if the hobbies and preferences of people living in the house are known, car manufacturers could use it to guide people to their driving destinations. If it is known whether a person is at home or not, a delivery company can set up a delivery route that avoids absences in advance. The results of the analysis of the IoT condominiums will connect people in various markets, bringing services to a new level.
IoT condo built with 150 million yen of your own money is still a success despite leaking life logs
Will the results of the analysis of IoT condominiums (which can be called smart homes) bridge the fragmented market and create a new market? If a new market is born, I feel it will be in the field of nursing care or childcare (BabyTech), where technology is used to look after people.
