NEST labs jumped into the smart home products market in 2011 with their revolutionary NEST thermostat, and have added smoke detectors, security systems, smart doorbells, smart locks, and more since that time. The products are programmable and sensor-driven, but they can also learn, so they’ll begin to anticipate your needs and preferences once used for a while, refining and zeroing in on your daily routines and ideal settings until the use of them is intuitive and almost automatic.
The company was co-founded by former Apple engineers – no surprise there – in 2010. Tony Fadell and Matt Rogers quickly expanded their company to a net worth of US$3.2 billion at the start of 2014, and has expanded considerably since that time.