Such is the landscape in Smart Homes. There are many new players, everyone wants to do everything and sooner or later, companies are going to collapse because they can’t keep up, or made obsolete by competitors. I like it very much that they have good hardware, or at least some of it. I’m not sure digressing into things like headphones, smart-plugs and smart watches is a wise (wyze) decision, but only time will tell. I have a large collection of their devices (smart bulbs, cameras, bathroom scale, sensors, …), was an early adopter of few of their devices as well … but now I’m having some doubts as to the future of this company. I hope they prove us right and open up their API. It’s a win-win and the only problem they might encounter then is not being able to keep up with the demand for their products.
To their benefit though, I recall reading somewhere that they have limited software development resources and must prioritize on what is it they need to work on next. For example, they partnered with an AI company Xnor.ai sometime back, but then last year Apple acquired xnor, and Wyze had to scramble to recoup at least some of the functionality (Person Detection).
For now it seems their emphasis is on affordable (yet good quality) hardware … which the folks shopping at Home Depot and MicroCenter get attracted to first. Nothing wrong with that, let’s hope that they keep an open eye (and mind) on the real future needs and directions of this technology/trend.
A while back I invested in 3× Logitech Skype cameras ($600) for talking to family overseas. Few months later, Microsoft acquired Skype (then turned it into Teams), and those cameras are now obsolete. The real problem here is the big players (Apple/Microsoft/Google/Amazon), who are greedy for acquisition and growth, and the small players as well who want to sell and move on and retire (xnor, Fitbit, …).
Us? we simply are stuck in the middle, making both of them filthy rich … such is Capitalism.
These are fluid/dynamic times, for big and small players alike. The newly formed 'Smart Home Working Group; (Amazon, Apple, Google, ZigBee) is likely to throw other curved balls as all those are big players and more interested in ‘imposing’ their technology than opening it up… Stay Tuned