Smart homes refers to a residence equipped with computing and information technology devices that anticipate and respond to the needs of the residents; thus‚ working towards enhancing their comfort‚ convenience‚ security‚ and entertainment through the upgradation of technology within the home. The concept of smart homes has been in picture since a long time; such homes have always been a dream of homeowners and‚ presently‚ a lot of developments and regulatory initiatives are taking place with regards
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The global smart homes and buildings market is expected to grow at a significant CAGR of 29.5% between 2013 and 2020. This is attributed to rising energy costs and government initiatives. Some of the key government initiatives include regulations such as Commercial Buildings Initiatives (CBI) by the U.S. government aims at making all commercial buildings completely energy independent by 2025. This implies that commercial buildings should have facilities to generate onsite power. To Get More Details
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THIRD DIVISION [G.R. No. 155491‚ September 16‚ 2008] SMART COMMUNICATIONS‚ INC.‚ PETITIONER‚ VS. THE CITY OF DAVAO‚ REPRESENTED HEREIN BY ITS MAYOR HON. RODRIGO R. DUTERTE‚ AND THE SANGGUNIANG PANLUNGSOD OF DAVAO CITY‚ RESPONDENTS. Submitted by: NOEMI FATIMA A. TADIFA MGMT 204 July 6‚2012 [G.R. No. 155491‚ September 16‚ 2008] SMART COMMUNICATIONS‚ INC.‚ PETITIONER‚ VS. THE CITY OF DAVAO‚ FACTS: Smart Communication filed a civil action for declaratory relief for the
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global market for smart meters is expected to reach USD 22‚177 million by 2020‚ according to a new study by Grand View Research‚ Inc. Smart meters provide two-way communication and benefits including time-based rates‚ faster power outage detection and resolution‚ and dynamic pricing among others. Initiatives by regulatory authorities to establish smart grids and ensure energy efficiency are expected to be a considerable growth driver over the forecast period. Benefits of smart meter installations
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2 IBM: An industry example of a transition from product to service base 2.1 Brief history of IBM and story of its downward spiral IBM stands for “International Business Machine” and was incorporated in 1924 focusing on delivering ‘products’ in the form of punch tabulated machine until it became the biggest and most successful business PC and mainframe manufacturer in world circa 1980’s. At this time IBM stock price once shot up until USD43 per unit [1]. However by the end of 80’s‚ the software
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The Marketing of product and service are different A product is normally a thing that sold to people and mostly is tangible. Basically‚ the marketing of product is particularly focused on 4P’s in marketing mix namely product‚ price‚ place‚ and promotion (Ehmke & Fulton & Lusk‚ n.d.). The marketer needs to analyze the major demand of customers in a specific market in order to find out a product that can respond the market demand. Firstly‚ it is necessary for marketers to focus on the strength as
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“Difference between Product and Service Market” Product: In marketing mix‚ product is very important elements. Product means the need satisfying offering of a firm. Service: A service is an intangible product that provides benefits to consumers and often involves human or mechanical effort. Service is also a deed performed by one party for another. Differences between Product and Service marketing: I think‚ there is nothing like a "pure product" or a "pure service" in actual life. Most
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DELIVERING SERVICES Understanding service products (once more ;) Services are performance‚ rather a thing‚ and they are experienced rather than owned… Customers participate in service delivery. Service delivery occurs in real time. Services have front end and backstage. Services have a core and supplementary elements. … (What else?) Designing and delivering services. Figure 1. Planning‚ creating‚ and delivering services. Service delivery process is configured additionally. Figure 2. Service delivery
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Philips Norelco 8900 with Smart Clean (6) When comparing electric shaver’s world leading brand‚ Braun and Panasonic that well known of its premium electric foil razor‚ you might want to check out Philips Norelco line which is popular for its premium rotary shaver. The Philips Norelco 8900 is one of the best electric rotary shaver out there that gives you a decent close shave‚ fast‚ effectively captures long hair‚ and the three rotary heads that cuts through all kinds of hair that grow different
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Setting a price for a service or product can be very difficult. Patients are now checking to see prices on certain non-emergent services before having them performed. Patients also check prices on medications before they have prescriptions filled. What are the different methods and seven steps for setting an initial price for a product or service? There is much dissatisfaction with the prices of health care services. Consumers face rising co-payments and deductibles‚ employers are feeling the pinch
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