Wyze Fails To Deliver Own On-Board Analytics, Launches Novel Name Your Own Price Service
While Wyze failed to deliver their own onboard analytics to replace the removed XNOR.ai ones, Wyze has now launched a novel to the security industry, name your own price service for its new cloud analytics.
Inside this note, we examine what happened, what this means for Wyze, how name your own price might be successful and why there is an argument that this is "bait-and-switching" that they promised not to do 8 months ago.
Executive *******
*********.** ********** ****, **** *** ** ****** ****.** from ***** *** ********. ** ******* this, **** ******* ** **-***** ** team *** **** **** *** **** to ********* ****.**'* ******* ***** ************ chips ** *** ********* ** *** edge *** ******* *** ****** ** rely ** *** *****. **** ***** WYZE *** ** *** ********* ***** to ******** *** *********; *****, **** they ***** ** **** ****** ************** when ********* **** ****** ********* ***** be ****. ** *** *** **** their ******* ***** ***** *********** ******, WYZE ** ******** *** ******** **** a "**** **** ***** *****" (***** users *** ** **** ** **** want, ********* *******) ** ********* *** joined ****** ******** ****, ****. *** newer *********, ****** ********* **** **** be ********* ********** ****, ***** ***** $*.** * *****.
********* ** ****, ** **** ** released
** ********* **** *** ******* *.**
Financial ****** *** ****
***** **** **** **** **** ********* now ******* *** *****,**** ******* ** *** **** ********* **** they ******* *** **** ** **** do *** ****** **** **** ** out ** ********:
***bad **** ** **** **’* **** ********* to run, and the costs are recurring. We greatly *****-********** *** ******* ***** ***** when we started working on this project last year (we’ve also since hired an actual finance guy…). The reality is we will not ** **** ** ****** ***** ***** *** **** ** ********. [emphasis added]
Price *** ****
*** ********* **** ** ******** ** Cam **** ***** ***** $*.** * month *** ***** *** ****** ***** November **, **** (**** **** ********* XNOR.ai *********** ***** *********).
**********, **** ***** **** $*.** ***** more **** ***** *** ******* **** of ******* ****** ********* ******* *** Plus ***** **** ***** ******** ** well. ** *** ** *** ******** 1.3 ******* ***** **** **** $*.** per *****, **** ***** ** ~$** million ** *******. ** **********,**** **** **** ********** $** *******.
******* ********* ***** *** ** ** positive ***** ***** ********* ********, *** admission **** them *** ** ******** ** ********. It ** **** * ****** ********** that **** **** **** ***** ******* with ******* ********** ******* ****** ~** employees*** ********.
Their ******** *** ******** ****, **** *********
** ***** ** **** ***** ******* of **** ****** ********* *** "**** in ********", **** *** ******** * novel *** ** ******* ****** *********. F** *** *.* ******* ***** ********* who **** **** ************ ****** ***, **** *** ********* * ****-****-***** where ********* *** *** ** **** (or ******) ** **** ****:
**** ****** ********* *** **-****** ***** videos ********** ********, *** **** ** able ** **** **** *****. *** can ****** $* *** *** ** for ****. ** *** ***make ******* ************* ** ******** ****** *** ***** **’* ***** to help us cover our recurring cloud costs. We will reevaluate this method in a few months. If the model works, we *** ******** ******* ** *** ** *** ***** and maybe even extend it to other Wyze services. [emphasis added]
********, **** ** *********** ****** **** 'pay **** *** *****' * ****** part ** ***** ********:
**’** ****** **** ********* ****** **** is **** *** ** *** ******* we ****. ********* ******* ********* **** what *** ** *** *********** *** doing. * ****** ** ***** *** cost ** ******* ******** ** * way **** ** ***** ***** ******* with *********, *** ********* ***** ******* with **.
Disneyland *******
*************, ****** **** ** ********* ** *************** **** * ****-****-***** ***** *** merchandise *** ******** ** * **** indicated **** **** ******will *********** *** *** *** *********** ** **** ***'* **** **, leading ** ********* ****** *** ** increased ******:
**** ************ ***** *** **** **** wanted, *** **** ********** ********* ******* a ********* **** *** ************* **** profitable. ********* **** ********* ****** ************** to **** ** **** ****** ****** responsibility ***** ** **** ******* ********** contributions ***** ********* ** ******** ******* social ******* ******** ******* *** ********** of ******** *****.
Low ****
** ********, $*.** * ***** ** a *** ****** **, ** ** possible **** ********* **** *********** *** enough ** **** **** **** ****’* cloud *****. *** *******, **** ** many ********* ****** ** *** *******, some *** *** $* ** $** essentially *********** *** ******** ***** *** do *** ***.
Will *** ******* ***** ******
*****. *** ******** **************** **** ****-****-*** ******* *** *** potential ** ******** ******* ******* ******** sales. ** *** **** ** ***-********-**** offerings (**** ** * ******* ********** of ****-***** ** * **** ** cloud-based ********* **** *********** *&* *****, but ********* ***** **** *** ********** small ******** ** ******** *****) ***** could **** ***** ********* ** * product **** ****** **** *** *** company. *******, ** ***** **** ** cover ****'* *****, *** **** ** it ****, *** ******* ***** ***** not **** ** **** *** **** expensive *****, ******** *** *********.
*******, ** ******* ** *** ****, it ***** ******** ******* ** *********** new ***** ** **** ** *** the *******.
What **** ********* *****
*** **** ****** ******** **** *********** and *********
**** **** *** ****** ** **** look ****? *** ******** ************ *****? Prices ****** ** *** ********? *** of ********? **** ** ***** ******* mean *** *****?
*** ***** **** * ****** **** makes ****** ********* ** **** **** cloud-intensive **** ***** *****/*************
** ***** * ********* ****** **** such ********* ********** ******’* ** **** by * ** ** *** **** LAN?
***** $* * ***** ***** ** or *** ** ******* **** ****? I **** ***** ********** **** ** the ******… ***** ** ** ** some *****.
*** **** ***** **** ** **** Wyze *** ****** ********* ** *** 10 ** ** ** **.
**** ******** **** ************* ********:
** * **** ** *** * subscription *** ** *******, **** *’** probably ***** ******* ** ***** *******.
...** * ** ***** ** **** to *** * *** ***** *** each ****** * ***** ** **** [have] **** **** **** *** ****** up *** $$ *** ** *** gate
**’* *** ** **** **** **** Cams **** ****** **** ******* ************ service.
*******, **** **** ******** ** *******:
********** *** ************.
* **** ** ********* ***** ** donate ** *** ***** ... * do ***** **** *********** ******* ... I ** ********** ******* ** ***** and **** **** **** [****]
* ****** ** *** **** ***** it **** **** ******, ****** * am **** **** **.
* ***’* *** * **** ***** the ***** *****
Lawsuit? '**** *** ******'
*** ******* ****** *** ******* ** a ******* ******:
** *** **** ** ***** ******* liability ***’* **** ** **** ** free *** *** ******** ** ** the **** ** **** ************. **** of ****** ***** ******** **** ****** Wyze **** *** ******* ** **** person *********.
*** ***** **** ****** ** ******* is **** ** *** **** * months, **** **** ****** **** ******** under *** ******* **** **** *** made ** **** ***** ********* ****.
**** **** **** ****.**,**** ********:
******* **’** *** ** *** ******** of ****-***-********* *** ***** *** **’** made * ******* ** *** **** Person ********* ***** ** * **** feature.
***** **** **** **** **** *** in *** ******** ** ****-***-*********, ** could ** ****** **** **** *** now ***** **** ****.
Other ********* **********
** ********, **** *****:
**** ******* ****** *****, * ***** of ********** ******** **** *** ***********, and ** ********* *******, **’** **** forced ** ****** **** ** *** plans
******* **** ****** ** *****-****** ***-****** ***** *** ******* *****, * **% ****** ***** ********** wipe *** ***** ******. *******, **** has *** ********* ******, ******** ** absorb *** ********, ************ *** *****-***** ****** *** $**.** on ***** *******.
***** **** *** ** ** *******: They ****** $**.** *** * ****** with ******* ~$** ** ******** **** China **** ********* * ***-****** $* Plusfit ******, ** * **% ****** would **** ** ~**% **** ** Plusfit *** * ****** ** $.**.
****
***** *** *** *** *******. **** of *** ******** ** ****'* ***** echoed *** ********* *** *** ******** up.
**** *** ****** *******, * *** trying ** **** **** ***** ** evidence *** **** ***** ********** *******, not **** ** ***** **** ********* happy (******** *** ***** ********* ** could **** **** ******).
***'* ***....* **** ****? $**.** *** the ******? ** * *** **** person ** ***** $*.** * ***** to **** **** ** **** **** I *** **** *** ******* *** free?
** ******, **** ***** ****** ****** and **** *** *** *******. *****, feature ** ****** *********, ** **** refund *** ***-***** ******* ** **** warranty ******. ****** **** ** **** information *** *** **** ******* * check *** $.** *** * ****** for $*.** ******* **** **** **** purchase.
****’* * **** ***** ***** *** monthly **** ** *** ****** *****. In **** **** * *****, **** service ***** **** **** **** *** device ****** ** ***** ****** *** paid ~$** **** ****** ** **** $1.50 * *****.
******* *** **** **** *** **** add ** ******** *** **** *** for **** *** ******* ******** ****** competitor.
* ** * **** ***. * have ******* ******** ** ******. ** others **** **** **'* * $** camera. **** **** ******** **** ****** detection *** *****'* **** **** ** deliver. **** **** **** ** ****** now *** **** ***'* **** ******* what ** ******.
Again **'* * $** ******. * ***** **** **** ***** *** *** * $** ****** ***'* ****** *** ***** *** ********. * ***'* **** **** ** **** ******** ****. ***** **'* * $** ******.
* ********. ** ****** *** ****** if *** ****** ** $** ** a $***. **** * ******* **** its ***** ** ** *********,** ****** honor **. ** *** ******* **** deliver, *** **** ***** ** *** expected **** ** *********** (* *****) and ***** ** ****** *** ***** back. * *** **** **** * descion ** * **** ** **** or ****** ** $** ******.
*** ******* ********* ******** ** ** months. *** ***** ***** *** ****** of ****** *** ******* *** **** until *** ******** ******* ** * pro-rated ******** **** **** ** ******** through ********.
* ***’* *** *** **** ***** offer ****.
******** **** *** ***** ******** ********. When *** ******** * ******* & are **** ****, ** **** ****, no ******* **** *** ** ** a ********** ** ****** **** **** is **** *** *** ******** ******** of *** *******.
**** ** *** ******** ******** ** the *******, **********, ****** **** ******* it ** * ******, * ***** say * *****. ********* * ***** offull *************, no ongoing costs or my money back.
*** *** ******* ******* **** *** “pay ** ****” ********* ***** ******? I’ve ****** *** ******* **** * couple ** ***** *** ****’* *** a ******* ****. *’* *** *****, so ** **********.
“** ********* **** *** ******* *.**” according ** ****. ***** *** *** bringing **** **. *’** ******* *** article.
**** ****** **** ***** *** *** has **** ******:
* ***'* ******* *** *,**$ ** sustainable ** ***.****** ****** **** *** 3 ***** *** * *** ***** cloud *.*. ********* (******, *********, ****** being *** ***** ****) ********** **** "motion ********* ***** ***** *****" ***** sent ** *** ***** @ ** seconds *** **** ******* ***** ** around ~*.* ***** *** ****.**** ***** pretty ***, *** ***** *** **** other ***** ******** ********* ** ***** cloud ******* ******** ** ****:- **** transfer *******- **** ******** ******- **** storage
*** ** ****** ***** ****** ******* overheads.
* ****** ****** ******** ***** ******* many ***** *** ***, *** ** they ***'* **** ** **** ****** classification ******** ** ***** ******* ******** it ***** ***** **** **** **** to ** ********.
**** * ***** ****** ** ********* have ********* *****'* **** ** ***** per *** ** * ****** ****** (birds, *******, ******, ****, ...) ****** rainfall **** **** *** *****, ***** would ******* ******* *** **** ***** analytic *******
***** ** ******* ******* ** ********* with ********* ****** *** **** *******, where ** ***** **** * ***** for *** ***** ** ** ********, and **** ***** ** ***** **** to *** ********* ********* ***** ****** due ** * ********* ***.
*** ** *** * ***'* ***** this ** * ****** *** *** them ** **** *********.
* *****, *** ******* * **** for ***** * **** ****** * couple ***** *** **** **** ***** based ******* *** *********. ** *** a ****** ************ ***** *** ** were ***** ******* ****** ***** *** licensing *** ************** *****. ** *** have ****** ****** ** ** *** more *********** *** ** ** *** we ****** *** **** ****** *******.
****** **** ****, **** ******* *** how ** **** * ****** **** camera *** **** ** *** $** - *** ** **** ***** *** $25 **** **** ****** **** *** liked *** $*** ****** - ** maybe **** **** ****** *** *** to ** ********* ** *** ***** for ***** ** ****.
** ******** ** *** ****** *******, Panera ***** ***** **** *** ******...
*** ******’* ********** **** ***-****-***-**** ****** failed
* **** ******** **** ******* ** use, ** ******** ** ** **/*** powered *** ***** ******. ** **** couldn't **** ** ****, **** *******'* have **** *** *******. ******* ******** they ***** *** ** ** ***** and *** ***** ** **** ***** them **** ***. ***** **** ******/************/*****/********** and *** ** ***** ** **** you ******* *** ** **...
*** ****** ******* ** ***********. **'* hard ** *** **** ********* ** more ******* ** ****'* ******* ***. Wyze ***'* **** ** ******* ** lower ***-*********** ***** ******* ****** **** Disney, *** **** *** **** ** take ****** ** **** ****** ****** Panera *** ***'* **** ** ***** about *********** * ******* "**********" ** Panera ***.
*** **** ******** ***** ******** ** farther **** **** ****'** **** ** the **** **** * *****, *****, etc.
* ***** *** **** ********** ***** be ****. * ***** ********** *** Wink ***** ******* *** **** ****** I ****** ** *** *** ******* fee, **** ****’* *** *** ***** on ****.
********* **** ** **** ***** ****, but **** ****** *** ******* ** crappy ******** *******, **** *********** **** MyQ...
** * **** * ** * Wyze *** *** ***** ***** ****** gift ***** ** *** ***** ** thought ** ****. **** ***'* ****** AI ***** ********** *** **** *** afford ** **** *** **,*** ******* plastic ****** **** *** ***** *** outdoor ***.... *********
...*** ***** ******* *** * ****** hat ** * ******?
********* ******* ** **** **** *** thinking ****.
...******* ******* ****** ****...
** **** * */** ****** ***?
**** ** *** *** **** ********* version ** *** ***** ** ***** camera *********'* **** **** **** ****'*.
**** ***** ** * * **** cowboy ***!
* **** * ****** **** *** Pans ** ** ***. * ******* that **** ***** ** **** *** use **** * *** **** *** streaming ********, *** ****, **** ** not **** **** *** *** ********. They *** **** **** **** *.* and * *** **** ** *** motion ********* ***** ** ** ****. The ******* ***** **** **** *** camera. *** ******* ******* ** **** as **** ** **** ** *** $200 *** *******, **** *** **** for ********, *** ********* ** **** for *** ******* ****** *** ********. A **** *********** ******, ***** ***, or ********* ******. ** ***** **** work *** * ******!
*'* * **** *** *****, *** I ***** *** ***** *********** *** these ******* *** **********. * ********* purchased********** *********** ** ****** *********. **** they ****** ***** *********** **** ****.** I ******* ** ******** *** ******* even *******. ** *** *********** **** their *********** ********* *** ****** ********.
***** * ******* **** ********** ** re-create ****'* *******, ** *** * mistake *** **** ** **** ** a ******* *** ****** ** ** no ****. ***, * **** **** are ********* ** ***** $*+ ******* cloud ********** *** ****** ***** ** this ************.
* ******* ***** ******** ************ *** strong ***** *** ******* * *** of **** **** *** ****. * think **** **** ****** **** **** capital ** ****** **** ****.
**********, * **** ** ******* *** people *********. ** ****'* * ******* I ******** *** ** * ****** won't ********** ** ***** ******** *** my *** ** ******** **.
******:**** *** **** ****, * ******* that ****** *** **-****** ***** ***************** ****** ********* ** ******** ***** you ******, ********* $*.
******** ******** ****, **** ******* ***** into *** **** ** *** **** Lite **** **** ***** ***** ********** saved ** *** *****. ********, ****** into *** **** **** *** ** at *** *****, ********* $*. ** you ***’* *** **, **** **’** transition **** ******* ** ***** ********** of **** *** ******** ******* ** 12 ******* ** ******** *****. *****’* no **** ******** ****, *** *** opt ** ******** ***’* ****, *** just ******** **** ***** ****** **** stop ***** ******** ** ******** **** for ***** *** ***’* *** **. We **** **** *** **** ** reminders.
* ***** *** ****** ********** ** a *** ****** ** *******.
**** ****** *** ** ******, **** are ** ******** *** ********* ** spend * ***** ** ***** ***** they **** ******** ***** ** *** budgeted ***. ** ** * ***-**** cost *** ** **** *** ****** a **** ********** **** **** *** likely ** **** ** * ******. Generally ******** **** ** ******** * positive ********** **** ***'* **** ****** for.
**** ** **** ******* ******* ************, when ****** ***** ***** *** **** they *** ******* ** *** **** are ******** ***** *** *** ***** subscription ******** **** ****, ***** ******* budget *** ********* ** **** **** another ***. ** ** **** **** will ******** ******** *********** *** **** customers, ********** ***** ** **** ******* what **** *** **** **** ** the ****