In July 2024, Korean electronics big LG purchased an 80% stake in Athom, the Dutch firm behind the Homey smart home platform. The remaining 20% will probably be absorbed by the tip of 2027, and LG has large plans in retailer — ones that would doubtlessly sway the whole shopper electronics market.
So what’s Homey, precisely, and what are its benefits? What are its disadvantages? And the way will the platform evolve following the LG takeover?
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What’s Homey?
A barely totally different tackle sensible residence centralization
Homey makes an attempt to centralize sensible residence management by connecting many accent and repair manufacturers underneath a single umbrella. That features the likes of Aqara, Discord, Ecobee, Google, IKEA, Nanoleaf, Ring, Roborock, Sonos, Spotify, Philips Hue, and others.
The platform has apps for Android, iPhone, iPad, Apple Watch, and the net. Aside from the Apple Watch, all of these apps allow you to hyperlink equipment, manually management them, and create automations often known as Flows. That is an apt identify, since every Circulate is constructed utilizing “When,” “And,” and “Then” situations. If Homey detects a member of the family coming residence, as an illustration, it may be set to show in your Philips Hue lights, however provided that it is after sundown.
Whereas all of this may sound just like platforms like Apple HomeKit or Amazon Alexa, there are some key variations. For one, you possibly can hyperlink Homey to Alexa, Siri (through Siri Shortcuts), and/or Google Assistant. It is also break up into two worth tiers — a regular model that is $3 per 30 days, or Homey Professional, which entails a one-time buy of $399.
The usual tier can function fully within the cloud, however you may want to purchase the $69 Homey Bridge accent if you wish to hyperlink Bluetooth, Zigbee, Z-Wave, or infrared equipment. In case you spring for Homey Professional, you get a namesake hub that not solely provides Matter and Thread into the combo, however permits many automations to run utterly offline. Some further perks embody entry to community-made software program, and HomeyScript, a JavaScript-based language that goes past common Flows.
What are the benefits of Homey?
The Homey Professional hub is an enormous one
Homey
Its most important benefit is arguably the Homey Professional hub. Sometimes sensible residence hubs are geared in direction of a single model, or a single wi-fi format, corresponding to Zigbee. Homey’s Professional {hardware} affords a one-stop store. On high of that, it is onerous to overstate the benefit of maintaining most automations offline — it improves privateness, and people automations will maintain working even when there is a disruption in web entry. In case you like, you possibly can backup the hub’s knowledge to your Mac or Home windows PC, or pay $10 per 12 months to get cloud backups.
Its most important benefit is arguably the Homey Professional hub.
The Circulate automation system can be very versatile — in case you have Homey Professional, the truth is, the one sensible restrict is how a lot time you are prepared to speculate. Separate from HomeyScript is a visible Superior Circulate instrument, able to automations Alexa and HomeKit customers can solely dream of. There’s a script editor for Google Dwelling, however that platform in any other case limits you to primary routines. There is not any middleground.
Homey additionally sports activities a comparatively clear and intuitive interface, with options usually relegated to brand-specific apps, together with power/battery monitoring and tendencies. It is easy so as to add different customers to your private home, in addition to view a timeline of set off occasions.
What are the disadvantages of Homey?
To begin, it is costly
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Value is the main one. It is in all probability not price it to subscribe to the essential model of Homey, since that is over $35 per 12 months when mainstream platforms like Alexa are each free and adequate. There is a a lot stronger case for Homey Professional, however $399 could also be rather a lot to ask for one thing that is the spine of a wise residence, slightly than an clearly useful accent like gentle panels or a vacuum cleaner. A number of years from now, that Professional buy might be outdated — and even unsupported, relying on LG’s plans.
Model compatibility may be a problem. Though the platform helps quite a lot of manufacturers, Homey-specific “apps” (add-ons) are concerned, so your choices aren’t as in depth as they’re for Alexa or Google Dwelling. Wyze is totally unsupported, for instance. Test if apps can be found for the equipment you wish to use earlier than you make any form of dedication.
How is Homey altering after the LG takeover?
For the foreseeable future, not a lot
LG
Homey claims that it’s going to proceed to function independently and maintain growing its personal merchandise, so within the quick time period, there should not a lot be a lot distinction for folks already purchased into the ecosystem. We’ll need to see — different companies, normally startups, have claimed comparable issues prior to now solely to seek out themselves dissolved into the company mass.
For its half, LG is planning to combine Homey’s know-how into its personal ThinQ sensible residence platform, which till now has been restricted to LG home equipment like TVs and washing machines. ThinQ customers ought to lastly be capable of hyperlink third-party merchandise, and Homey customers will be capable of management these LG home equipment. This might finally put each platforms on par with Samsung’s SmartThings, though Samsung has an edge given its standing as a significant smartphone maker.
In the long run, the priority for Homey customers goes to be how lengthy LG plans to help twin platforms. It might finally resolve to merge every little thing within the pursuits of cost-cutting and ease, simply as Google merged Nest into Google Dwelling. If that occurs, LG will doubtless supply some form of transition plan — however that won’t appease some prospects, particularly in the event that they discover that their hub {hardware} is out of the blue ineffective.
Privateness-minded people may resolve to leap ship early, since LG says it hopes to “achieve deeper insights into prospects’ life-style and utilization patterns” by the Homey deal. There are methods of anonymizing this knowledge, however nobody likes the thought of a enterprise prying into properties.
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