Universal Electronics introduces smarter living kits powered by Nevo® Butler to accelerate introduction of new smart home services

Universal Electronics introduces smarter living kits powered by Nevo® Butler to accelerate introduction of new smart home services

Product News

Universal Electronics Inc., (UEI) (NASDAQ: UEIC), the worldwide leader in universal control and sensing technologies for the smart home, has announced that it will be introducing pre-integrated channel specific kits curated to address consumer demand and unique experiences.

Launched at this year’s CES, the kits are powered by Nevo® Butler, a white label, managed and secure smart home hub with a digital assistant built in. Configured with different sensors developed by the teams at Ecolink and RCS, these kits will offer the quickest route to market while providing a flexible platform to build on. The kits will incorporate safety and security sensors; smart thermostats and temperature sensors; as well as IoT products curated through “Works with QuickSet” certification program. The kits include:

“Our Smarter Living kits are a great way for consumers to experience the power and convenience of the Smart Home,” said Ramzi Ammari, Senior Vice President of Universal Electronics Inc.  “By offering add-on experiences for safety, security and energy management on top of the most reliable and accurrate entertainment control experience, we can give consumers a reason to opt in to the home automation trend, and our customers the confidence to scale their subscribers’ smart home experiences on a solid foundation.”

New research from Parks Associates shows the integration of smart home products will be key to drive new recurring monthly revenue (RMR) growth among security companies.  “Today, over three quarters of new security subscribers have interactive services, paying $9 per month on average for the service,” said Tom Kerber, Sr. Director, IoT Strategy, Parks Associates. “As adoption of interactive services matures and new entrants with low-cost, self-installed systems put downward pressure on RMR, the industry is seeking solutions to expand RMR. Cybersecurity services, video verification, and personal emergency response are a clear path to generating incremental RMR.”

About Universal Electronics

Universal Electronics Inc. (NASDAQ:UEIC) Universal Electronics Inc. (NASDAQ: UEIC) is the worldwide leader in universal control and sensing technologies for the smart home. Its broad portfolio of patents includes QuickSet® Cloud service that utilizes the world’s most complete knowledge graph of devices to detect and interact with thousands of entertainment and smart home devices. The company designs, develops, and manufactures innovative products that are used by the world’s leading brands in the audio, video, subscription broadcasting, connected home, home energy management, and mobile device markets. UEI’s many first-to-market innovations have helped transform the home entertainment control, home security, and home energy management and sensing industries.  More information is available at http://www.uei.com and quicksetcloud.com.