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re: This is why we can't have nice things. Comcast kills stringify

Posted on 4/9/19 at 8:36 am to
Posted by CAD703X
Liberty Island
Member since Jul 2008
78810 posts
Posted on 4/9/19 at 8:36 am to
quote:

My Control4 works just fine.



quote:

"Everything is becoming smart and we're uniquely positioned to be able to orchestrate all of those devices that are coming into the home," Control4 Chief Financial Officer Mark Novakovich told Investor's Business Daily. "What we're not is a $300 DIY (do-it-yourself) solution. We think of our products more as infrastructure for the home, things that people put into their houses and expect to last."

Control4's business can be broken down into four customer segments: luxury, premium, value and basic, he said.

Luxury projects cost $25,000 and above and make up 13% of the projects Control4 does, Novakovich said.

Premium projects cost $10,000 to $25,000 and account for about 33% of Control4's projects.

Value projects cost less than $10,000 and account for 26% or 27% of the company's projects, he said.


Jesus Christ for those prices I hope it doesn't have an outage for the next 50 years! Light switches and door sensors aren't rocket science unless you're an installer.


eta CFO is wrong, no DIY hub costs anything close to $300.
This post was edited on 4/9/19 at 8:38 am
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