As smart home technology is becoming the standard of homes, an increase in the collaboration between building associates and tech companies are on the rise.

Lennar, a well known building association, has recently announced their collaboration with Amazon. Lenar says: “Each house will come with two Alexa-enabled smart speakers, an Echo Show and an Echo Dot. New homeowners will also get a free visit from an Amazon technician to help set everything up and teach them how to use it.”

The announcement marks a major play for both sides of the industries, as consumers gear towards technical convenience integrated in their homes. Building associates are at an advantage, as the increase of collaborations will mean providing a better and wider range of services to potential clients. Tech companies benefit even more, as this allows the integration of their tech products into consumer lives as well as long term contracts. Both cases equal increases of revenue and customers.

As we see the increase in smart cars and its technologies, smart homes are another sector actively expanding, and Internet of Things (IoT) is the reason why. IoT is now responsible for the evolution of the consumer lifestyle, and the reinventing of business landscapes. The technology has allowed the creation of opportunities such as the management of heating, lighting and energy use in an intelligent manner. By allowing building companies to implement the technologies from the start, this will provide a much better experience for residents and customers.

There is profit to be made within this traditional industry and the co-working of residential services with technological brands will change the business landscape.