Smart thermostat
In 2011, Nest Labs developed the Nest Learning Thermostat. The Nest Thermostat attempted to reduce home energy consumption by addressing the problems with programmable thermostats through the use of better technology. This new technology included the implementation of sensors, algorithms, machine learning, and cloud computing. These technologies learn the behaviors and preferences of the occupants, and adjust the temperature up or down to make the occupant comfortable when they are home and to save energy when they are away. Additionally, the Nest Thermostat connects to the home Wi-Fi. This allows users to change the temperature, adjust the schedule, and check energy usage from a smartphone or laptop. All of these features were part of Nest's goal to create an easy to use thermostat that saves users energy and money.
Machine to machine
Another application is to use wireless technology to monitor systems, such as utility meters. This would allow the owner of the meter to know if certain elements have been tampered with, which serves as a quality method to stop fraud. In Quebec, Rogers will connect Hydro Quebec's central system with up to 600 Smart Meter collectors, which aggregate data relayed from the province's 3.8-million Smart Meters. In the UK, Telefonica won on a €1.78 billion ($2.4 billion) smart-meter contract to provide connectivity services over a period of 15 years in the central and southern regions of the country. The contract is the industry’s biggest deal yet.