Are Nest Turning The Heat Up With New Product Range?

Controlling your heating from your phone may be a revelation when it comes to saving money on those pricey gas and electric bills, but those smart thermostats certainly don’t come cheap. Well, now Nest are set to make this technology more affordable with their latest release, as well as tempting tech-lovers with some more brand new creations.

Founded in 2010, the American home tech firm exploded out of the starting blocks with its range of self-learning, Wi-Fi-enabled devices. However, the company has faded of late after failing to wow consumers with new and exciting products and innovations. It was clear that something needed to change.

The brainchild of Tony Fadell – most noted for being the ‘father of the iPod’ – Nest was acquired by Google in 2014 for an eye-watering $3.2 billion, but the internet giant struggled to reignite the dying embers of this once roaring organisation. However, refusing to admit defeat, Google made some swift and rather brutal changes as Fadell was relieved of his duties and Nest was handed over to Google’s parent company, Alphabet.

This reshuffle seemed to work, as Nest now look ahead to launching their new, more affordable, smart thermostat. According to a source close to the organisation, the new thermostat could be hitting the shelves for around $200 (that’s about £165); that’s a little cheaper than its $249 (£205) predecessor. The product will still have all the same capabilities as the more costly model, but it will not relying as many premium parts. If rumours are to be believed, this could be available from as early as 2018.

Murmurings from Nest also suggest the company could be set to release a range of home security devices, including an end-to-end alarm system that would see a fresh twist added to an indoor camera product that is already on the market. Furthermore, Nest could be looking into unleashing a video-equipped doorbell system that would put an end to the question: “Who’s that knocking at the door”. Whether these reports are true remains to be seen, but what is clear is that the next two years are going to be make or break for Nest.

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