Wyze Fails To Deliver Own On-Board Analytics, Launches Novel Name Your Own Price Service

By Zach Segal, Published Jul 24, 2020, 09:12am EDT

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.

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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 *******

*********.** ********** ****, **** *** ** remove ****.** **** ***** new ********. ** ******* this, **** ******* ** in-house ** **** *** they **** *** **** to ********* ****.**'* ******* using ************ ***** ** run ********* ** *** edge *** ******* *** forced ** **** ** the *****. **** ***** WYZE *** ** *** recurring ***** ** ******** the *********; *****, **** they ***** ** **** vastly ************** **** ********* that ****** ********* ***** be ****. ** *** and **** ***** ******* while ***** *********** ******, WYZE ** ******** *** analytic **** * "**** your ***** *****" (***** users *** ** **** as **** ****, ********* nothing) ** ********* *** joined ****** ******** ****, 2019. *** ***** *********, person ********* **** **** be ********* ********** ****, ***** ***** $*.** a *****.

********* ** ****, ** will ** ********

** ********* **** *** release *.**

Financial ****** *** ****

***** **** **** **** have ********* *** ******* the *****,**** ******* ** *** **** expensive **** **** ******* and **** ** **** do *** ****** **** will ** *** ** business:

***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 *** ****

*** ********* **** ** included ** *** **** which ***** $*.** * month *** ***** *** joined ***** ******** **, 2019 (**** **** ********* XNOR.ai *********** ***** *********).

**********, **** ***** **** $1.49 ***** **** **** cover *** ******* **** of ******* ****** ********* because *** **** ***** with ***** ******** ** well. ** *** ** the ******** *.* ******* users **** **** $*.** per *****, **** ***** be ~$** ******* ** revenue. ** **********,**** **** **** ********** $** *******.

******* ********* ***** *** to ** ******** ***** their ********* ********, *** admission **** would *** **** *** of ******** ** ********. It ** **** * little ********** **** **** only **** ***** ******* with ******* ********** ******* having ~** ************ ********.

Their ******** *** ******** ****, **** *********

** ***** ** **** their ******* ** **** person ********* *** "**** in ********", **** *** proposed * ***** *** of ******* ****** *********. F** *** *.* ******* early ********* *** **** made ************ ****** ***, **** *** ********* a ****-****-***** ***** ********* can *** ** **** (or ******) ** **** want:

IPVM Image

**** ****** ********* *** 12-second ***** ****** ********** launches, *** **** ** able ** **** **** price. *** *** ****** $0 *** *** ** for ****. ** *** canmake ******* ************* ** ******** ****** *** ***** **’* ***** 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]

********, **** ** *********** making **** '*** **** own *****' * ****** part ** ***** ********:

**’** ****** **** ********* really **** ** **** out ** *** ******* we ****. ********* ******* different **** **** *** of *** *********** *** doing. * ****** ** cover *** **** ** premium ******** ** * way **** ** ***** being ******* **** *********, and ********* ***** ******* with **.

Disneyland *******

*************, ****** **** ** ********* at *************** **** * ****-****-***** model *** *********** *** pictures ** * **** indicated **** **** ******will *********** *** *** *** *********** ** **** ***'* have **, ******* ** increased ****** *** ** increased ******:

**** ************ ***** *** what **** ******, *** same ********** ********* ******* a ********* **** *** substantially **** **********. ********* from ********* ****** ************** to **** ** **** shared ****** ************** ***** in **** ******* ********** contributions ***** ********* ** directly ******* ****** ******* concerns ******* *** ********** of ******** *****.

Low ****

** ********, $*.** * month ** * *** amount **, ** ** possible **** ********* **** voluntarily *** ****** ** even **** **** ****’* cloud *****. *** *******, even ** **** ********* choose ** *** *******, some *** *** $* or $** *********** *********** and ******** ***** *** do *** ***.

Will *** ******* ***** ******

*****. *** ******** **************** **** ****-****-*** ******* has *** ********* ** increase ******* ******* ******** sales. ** *** **** of ***-********-**** ********* (**** as * ******* ********** of ****-***** ** * ride ** *****-***** ********* with *********** *&* *****, but ********* ***** **** are ********** ***** ******** to ******** *****) ***** could **** ***** ********* to * ******* **** little **** *** *** company. *******, ** ***** fail ** ***** ****'* costs, *** **** ** it ****, *** ******* model ***** *** **** as **** *** **** expensive *****, ******** *** expansion.

*******, ** ******* ** Cam ****, ** ***** increase ******* ** *********** new ***** ** **** up *** *** *******.

What **** ********* *****

*** **** ****** ******** were *********** *** *********

**** **** *** ****** of **** **** ****? All ******** ************ *****? Prices ****** ** *** products? *** ** ********? What ** ***** ******* mean *** *****?
*** ***** **** * follow **** ***** ****** Detection ** **** **** cloud-intensive **** ***** *****/*************
** ***** * ********* reason **** **** ********* processing ******’* ** **** by * ** ** the **** ***?
***** $* * ***** cover ** ** *** we ******* **** ****? I **** ***** ********** part ** *** ******… count ** ** ** some *****.
*** **** ***** **** it **** **** *** Person ********* ** *** 10 ** ** ** 50.

**** ******** **** ************* ********:

** * **** ** pay * ************ *** to *******, **** *’** probably ***** ******* ** other *******.
...** * ** ***** to **** ** *** a *** ***** *** each ****** * ***** as **** [****] **** with **** *** ****** up *** $$ *** of *** ****
**’* *** ** **** that **** **** **** become **** ******* ************ service.

*******, **** **** ******** or *******:

********** *** ************.
* **** ** ********* happy ** ****** ** the ***** ... * do ***** **** *********** feature ... * ** definitely ******* ** ***** and **** **** **** [WYZE]

* ****** ** *** care ***** ** **** much ******, ****** * am **** **** **.
* ***’* *** * feel ***** *** ***** thing

Lawsuit? '**** *** ******'

*** ******* ****** *** spectre ** * ******* saying:

** *** **** ** avoid ******* ********* ***’* have ** **** ** free *** *** ******** up ** *** **** of **** ************. **** of ****** ***** ******** 2019 ****** **** **** the ******* ** **** person *********.

*** ***** **** ****** is ******* ** **** in *** **** * months, **** **** ****** Wyze ******** ***** *** promise **** **** *** made ** **** ***** analytics ****.

**** **** **** ****.**,**** ********:

******* **’** *** ** the ******** ** ****-***-********* our ***** *** **’** made * ******* ** you **** ****** ********* would ** * **** feature.

***** **** **** **** were *** ** *** business ** ****-***-*********, ** could ** ****** **** they *** *** ***** just ****.

Other ********* **********

** ********, **** *****:

**** ******* ****** *****, a ***** ** ********** stemming **** *** ***********, and ** ********* *******, we’ve **** ****** ** change **** ** *** plans

******* **** ****** ** a****-****** ***-****** ***** *** Chinese *****, * **% ****** could ********** **** *** their ******. *******, **** has *** ********* ******, choosing ** ****** *** increase, ************ *** *****-***** ****** for $**.** ** ***** website.

***** **** *** ** an *******: **** ****** $19.99 *** * ****** with ******* ~$** ** hardware **** ***** **** estimates * ***-****** $* Plusfit ******, ** * 25% ****** ***** **** an ~**% **** ** Plusfit *** * ****** to $.**.

****

Comments (24)

Undisclosed Manufacturer #1

07/24/20 02:49pm

* ***** *** ****** comparison ** * *** apples ** *******.

**** ****** *** ** Disney, **** *** ** vacation *** ********* ** spend * ***** ** money ***** **** **** probably ***** ** *** budgeted ***. ** ** a ***-**** **** *** if **** *** ****** a **** ********** **** they *** ****** ** chip ** * ******. Generally ******** **** ** probably * ******** ********** they ***'* **** ****** for.

**** ** **** ******* monthly ************, **** ****** think ***** *** **** they *** ******* ** pay **** *** ******** about *** *** ***** subscription ******** **** ****, their ******* ****** *** wondering ** **** **** another ***. ** ** view **** **** ******** negative *********** *** **** customers, ********** ***** ** goes ******* **** **** has **** **** ** the ****

Zach Segal

IPVM | In reply to Undisclosed Manufacturer #1 | 07/24/20 03:02pm

***** *** *** *** comment. **** ** *** comments ** ****'* ***** echoed *** ********* *** are ******** **.

**** *** ****** *******, I *** ****** ** show **** ***** ** evidence *** **** ***** generating *******, *** **** it ***** **** ********* happy (******** *** ***** suggested ** ***** **** that ******).

Undisclosed Manufacturer #2

07/24/20 03:03pm

***'* ***....* **** ****? $29.00 *** *** ******? Am * *** **** person ** ***** $*.** a ***** ** **** make ** **** **** I *** **** *** feature *** ****?

** ******, **** ***** follow ****** *** **** end *** *******. *****, feature ** ****** *********, we **** ****** *** pro-rated ******* ** **** warranty ******. ****** **** in **** *********** *** you **** ******* * check *** $.** *** a ****** *** $*.** towards **** **** **** purchase.

John Honovich

IPVM | In reply to Undisclosed Manufacturer #2 | 07/24/20 11:28pm

****’* * **** ***** about *** ******* **** vs *** ****** *****. In **** **** * years, **** ******* ***** cost **** **** *** device ****** ** ***** people *** **** ~$** will ****** ** **** $1.50 * *****.

******* *** **** **** for **** *** ** services *** **** *** for **** *** ******* publicly ****** **********.

Shannon Davis

07/24/20 07:54pm

* ** * **** fan. * **** ******* products ** ******. ** others **** **** **'* a $** ******. **** they ******** **** ****** detection *** *****'* **** able ** *******. **** they **** ** ****** now *** **** ***'* know ******* **** ** charge.

Again **'* * $** ******. * ***** **** **** ***** *** *** * $** ****** ***'* ****** *** ***** *** ********. * ***'* **** **** ** **** ******** ****. ***** **'* * $** ******.

robert tabbara

In reply to Shannon Davis | 07/25/20 06:18pm

* ********. ** ****** not ****** ** *** camera ** $** ** a $***. **** * company **** *** ***** to ** *********,** ****** honor **. ** *** company **** *******, *** rate ***** ** *** expected **** ** *********** (2 *****) *** ***** me ****** *** ***** back. * *** **** make * ******* ** i **** ** **** or ****** ** $** camera.

Undisclosed Manufacturer #2

In reply to robert tabbara | 07/25/20 07:25pm

*** ******* ********* ******** is ** ******. *** could ***** *** ****** of ****** *** ******* for **** ***** *** warranty ******* ** * pro-rated ******** **** **** of ******** ******* ********.

* ***’* *** *** they ***** ***** ****.

Undisclosed Distributor #6

In reply to Undisclosed Manufacturer #2 | 07/27/20 08:17am

******** **** *** ***** expected ********. **** *** purchase * ******* & are **** ****, ** this ****, ** ******* fees *** ** ** a ********** ** ****** that **** ** **** for *** ******** ******** of *** *******.

**** ** *** ******** lifespan ** *** *******, personally, ****** **** ******* it ** * ******, I ***** *** * years. ********* * ***** offull *************, no ongoing costs or my money back.

Undisclosed Manufacturer #3

07/25/20 04:37pm

*** *** ******* ******* WHEN *** “*** ** play” ********* ***** ******? I’ve ****** *** ******* over * ****** ** times *** ****’* *** a ******* ****. *’* pre *****, ** ** interested.

Zach Segal

IPVM | In reply to Undisclosed Manufacturer #3 | 07/25/20 04:46pm

“** ********* **** *** release *.**” ********* ** WYZE. ***** *** *** bringing **** **. *’** updated *** *******.

Undisclosed Manufacturer #3

In reply to Zach Segal | 07/25/20 05:05pm

****** ****...***** ******* **** my *****, ** *** have ****** **.

Undisclosed #4

IPVMU Certified | 07/25/20 05:24pm

**** ****** **** ***** one *** *** **** before:

Undisclosed Distributor #5

07/26/20 08:50pm

* ***'* ******* *** 1,49$ ** *********** ** all.Having ****** **** *** 3 ***** *** * few ***** ***** *.*. providers (******, *********, ****** being *** ***** ****) especially **** "****** ********* based ***** *****" ***** sent ** *** ***** @ ** ******* *** clip ******* ***** ** around ~*.* ***** *** clip.This ***** ****** ***, but ***** *** **** other ***** ******** ********* on ***** ***** ******* provider ** ****:- **** transfer *******- **** ******** egress- **** *******

*** ** ****** ***** normal ******* *********.

* ****** ****** ******** still ******* **** ***** per ***, *** ** they ***'* **** ** make ****** ************** ******** on ***** ******* ******** it ***** ***** **** will **** ** ** uploaded.

**** * ***** ****** we ********* **** ********* there's **** ** ***** per *** ** * closed ****** (*****, *******, people, ****, ...) ****** rainfall **** **** *** clips, ***** ***** ******* destroy *** **** ***** analytic *******

***** ** ******* ******* in ********* **** ********* limits *** **** *******, where ** ***** **** a ***** *** *** video ** ** ********, and **** ***** ** could **** ** *** customers ********* ***** ****** due ** * ********* cap.

*** ** *** * don't ***** **** ** a ****** *** *** them ** **** *********.