Internet of Things (IoT) represents the next big step towards the wide digitization of both our society and economy. Yet consumers still express legitimate concerns about IoT (usage complexity, worthlessness, personal data issues, loss of user control, interoperability matters or hacking risks) and sometimes disappointment (one third of smart wearable purchasers cease to use the product six months after its purchase). To address these concerns and to occupy a key place in households, Ubithings proposes smart device services where the added value is the best perceived and where the ecosystem is the most developed: digital music.
We leverage the music streaming booming and its digital opportunities to introduce Prizm. Prizm is the first context-aware device that automatically plays the perfect song based on people in the room, their music tastes and habits, and the current atmosphere.
The feasibility study aimed to assess three key levels:
− Economic: Better know foreign targeted markets (US, GB) and French final users through beta test program and then a first on-line distribution of 5000 units
− Commercial: Assess business partnerships in physical distribution and analyze BtoB business model opportunities in order to place Prizm in the forthcoming smart house.
− Legal: Identify legal and IP issues for the Prizm soft-launch in France, US and GB.