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.
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:
**** ****** ********* *** 12-second ***** ****** ********** launches, *** **** ** able ** **** **** price. *** *** ****** $0 *** *** ** for ****. ** *** canmake ******* ************* ** ******** ****** *** ***** **’* ***** to help us cover our recurring cloud costs. We will reevaluate this method in a few months. If the model works, we *** ******** ******* ** *** ** *** ***** and maybe even extend it to other Wyze services. [emphasis added]
********, **** ** *********** making **** '*** **** own *****' * ****** part ** ***** ********:
**’** ****** **** ********* really **** ** **** out ** *** ******* we ****. ********* ******* different **** **** *** of *** *********** *** doing. * ****** ** cover *** **** ** premium ******** ** * way **** ** ***** being ******* **** *********, and ********* ***** ******* with **.
* ***'* ******* *** 1,49$ ** *********** ** 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.
* ******* ***** ******** transparency *** ****** ***** has ******* * *** of **** **** *** Wyze. * ***** **** have ****** **** **** capital ** ****** **** cost.
**********, * **** ** without *** ****** *********. It ****'* * ******* I ******** *** ** I ****** ***'* ********** to ***** ******** *** my *** ** ******** it.
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Comments (24)
Undisclosed Manufacturer #1
* ***** *** ****** 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 ****
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Undisclosed Manufacturer #2
***'* ***....* **** ****? $29.00 *** *** ******? Am * *** **** person ** ***** $*.** a ***** ** **** make ** **** **** I *** **** *** feature *** ****?
** ******, **** ***** follow ****** *** **** end *** *******. *****, feature ** ****** *********, we **** ****** *** pro-rated ******* ** **** warranty ******. ****** **** in **** *********** *** you **** ******* * check *** $.** *** a ****** *** $*.** towards **** **** **** purchase.
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Shannon Davis
* ** * **** fan. * **** ******* products ** ******. ** others **** **** **'* a $** ******. **** they ******** **** ****** detection *** *****'* **** able ** *******. **** they **** ** ****** now *** **** ***'* know ******* **** ** charge.
Again **'* * $** ******. * ***** **** **** ***** *** *** * $** ****** ***'* ****** *** ***** *** ********. * ***'* **** **** ** **** ******** ****. ***** **'* * $** ******.
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Undisclosed Manufacturer #3
*** *** ******* ******* WHEN *** “*** ** play” ********* ***** ******? I’ve ****** *** ******* over * ****** ** times *** ****’* *** a ******* ****. *’* pre *****, ** ** interested.
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Undisclosed #4
**** ****** **** ***** one *** *** **** before:
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Undisclosed Distributor #5
* ***'* ******* *** 1,49$ ** *********** ** 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 ** **** *********.
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Undisclosed Integrator #7
** ******** ** *** Disney *******, ****** ***** tried **** *** ******...
*** ******’* ********** **** pay-what-you-want ****** ******
* **** ******** **** cameras ** ***, ** addition ** ** **/*** powered *** ***** ******. If **** ******'* **** it ****, **** *******'* have **** *** *******. Telling ******** **** ***** fix ** ** ***** and *** ***** ** just ***** **** **** bad. ***** **** ******/************/*****/********** and *** ** ***** on **** *** ******* out ** **...
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Jeff Dallmann
* ***** *** **** comparison ***** ** ****. I ***** ********** *** Wink ***** ******* *** even ****** * ****** up *** *** ******* fee, **** ****’* *** the ***** ** ****.
********* **** ** **** still ****, *** **** pissed *** ******* ** crappy ******** *******, **** integration **** ***...
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Shannon Davis
** * **** * am * **** *** but ***** ***** ****** gift ***** ** *** guess ** ******* ** Wyze. **** ***'* ****** AI ***** ********** *** they *** ****** ** send *** **,*** ******* plastic ****** **** *** their *** ******* ***.... hhhrrrmmm
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Undisclosed #4
** **** * */** gallon ***?
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Shannon Davis
**** ***** ** * 1 **** ****** ***!
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George Peffer
* **** * ****** Wyze *** **** ** my ***. * ******* that **** ***** ** good *** *** **** a *** **** *** streaming ********, *** ****, they ** *** **** with *** *** ********. They *** **** **** WAVE *.* *** * was **** ** *** motion ********* ***** ** to ****. *** ******* costs **** **** *** camera. *** ******* ******* is **** ** **** as **** ** *** $200 *** *******, **** not **** *** ********, and ********* ** **** for *** ******* ****** for ********. * **** observation ******, ***** ***, or ********* ******. ** might **** **** *** a ******!
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Camden Dexter
*'* * **** *** owner, *** * ***** the ***** *********** *** these ******* *** **********. I ********* ******************* *********** ** ****** detection. **** **** ****** their *********** **** ****.** I ******* ** ******** the ******* **** *******. It *** *********** **** their *********** ********* *** rather ********.
***** * ******* **** attempting ** **-****** ****'* success, ** *** * mistake *** **** ** make ** * ******* and ****** ** ** no ****. ***, * feel **** *** ********* to ***** $*+ ******* cloud ********** *** ****** prior ** **** ************.
* ******* ***** ******** transparency *** ****** ***** has ******* * *** of **** **** *** Wyze. * ***** **** have ****** **** **** capital ** ****** **** cost.
**********, * **** ** without *** ****** *********. It ****'* * ******* I ******** *** ** I ****** ***'* ********** to ***** ******** *** my *** ** ******** it.
Create New Topic