The e-commerce giant has been working hard to make its Echo more blingy and it has been doing well so far.
Amazon Echo, the retail giant’s Bluetooth speaker, with the help of its voice assistant Alexa can adjust Nest thermostats to change house temperatures. Ever since its release, the e-commerce company’s hands-free device has been performing exceptional in the market as it lets users perform various functions simply with the help of voice-commands.
With the assistance of the Bluetooth speaker, users can simply activate ‘Alexa’ by calling the name and ask her to take the necessary measures to adjust the temperature of their homes/rooms. Through the Alexa app, they can integrate their Nest Thermostat to the Echo and then it is good to go. However, if the user fails to give proper instructions to Alexa, it is likely to adjust the temperature settings automatically by two degrees.
The retailer’s aim has always to been to promote a smart-home culture as it had already allowed its customers to control their home’s smart-lights or even playback music from the e-commerce platform’s cloud platform. With its latest new features, the company is making quite an effort to arm Alexa with a wide range of capabilities.
After the introduction of Echo’s Tap and Dot, Echo inspired speakers, it hinted to support thermostats via voice-commands. Furthermore, it can be concluded that Echo is really working on its game in the digital assistant market and is directly competing with Apple Inc.’s digital assistant as this point, Siri. This move is highly appreciated by the Bluetooth speaker’s owners, as the use of digital assistant in the market is growing rapidly to navigate smart home appliances.
To ensure that all Amazon customers have an Echo device, the company is allowing its customers to create their own device for a price of $60. It’s a tutorial that the online shopping company has posted on GitHub – however to follow the step by step tutorial, a user needs a background on programming and technology. Furthermore, the Nest Thermostats can be run by voice-commands given by Dot, Fire TV, Echo and Tap. In addition to that, the company is also working on adding further new features (commands) for the future.
Amazon stock is being traded in the market for $582.95 up by 2.34%. During the trade session, the stock was seen hit a high share price of $583.55 and at a low end of $567.08 while the trade session commenced at a share price of $567.11. The market capitalization of the e-commerce giant is at $280.90 billion. Furthermore, the earnings per share were reported to be at 1.24 with a price to earnings ratio of 470.07.
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