Company Research Report

Resideo Technologies Inc.

Company Overview

• Name: Resideo Technologies Inc.

• Mission: To create technology and smart solutions that integrate seamlessly with customers’ lives. Aiming to protect time, water, air, energy, and homes.

• Vision: Resideo imagines a world where homes and buildings are good for the planet and technology works to simplify everyday life.

• Founded: No information is available

• Founders: No information is available

• Key People:

• Jay Geldmacher, President and CEO

• Michael Carlet, Chief Financial Officer

• Jeannine Lane, EVP, General Counsel and Corporate Secretary

• Rob Aarnes, President, ADI Global Distribution

• Thomas Surran, President, Products & Solutions

• Steve Kelly, EVP, Chief Human Resources Officer

• Headquarters: No information is available

• Number of Employees: 14,000 globally

• Revenue: $6.24 billion in sales (2023)

• What the Company is Known For: Resideo is known for its home automation solutions that enhance safety, comfort, and efficiency. The company is a key player in security products and home management systems.

Products

1. T9 Smart Home Thermostat

• Description: A thermostat allowing remote temperature checks and adjustments.

• Key Features:

• Remote control via app

• Customizable temperature schedules

2. WiFi Color Touchscreen Thermostat

• Description: A smart thermostat with customizable displays.

• Key Features:

• Customizable screen color

• Energy-saving programs

3. L5 WiFi Water Leak Shutoff Valve

• Description: A device designed to prevent home flooding by shutting off water leaks.

• Key Features:

• Automatic shutoff capabilities

4. First Alert® VISTA® H Series Security Platform

• Description: A security system offering streamlined installation and smart home integration.

• Key Features:

• Easy installation

• Integrated smart home solutions

5. Honeywell Home FocusPRO® Series

• Description: A line of thermostats focused on simple design and control.

• Key Features:

• Simple design

• Energy-efficient controls

Recent Developments

• New Product Launches:

• First Alert® VISTA® H Series: Announced at CONNECT 2024, this platform enhances installation capabilities and offers new smart home solutions.

• Honeywell Home FocusPRO® Series: Presented at CONNECT 2024, these thermostats are refreshed with simple design and control features.

• New Features:

• The refresh of the FocusPRO series includes simple design improvements and energy-efficient capabilities.

• Partnerships and Initiatives:

• Resideo is engaged in community initiatives like Mission 500, supporting underserved children and families in North America.

• Collaboration with the Building Talent Foundation to support and train the next generation of tradespersons.

• Corporate Initiatives:

• Released the 2023 Environmental, Social and Governance (ESG) report, announcing new long-term targets to increase sustainability.

• Awarded the 2024 ENERGY STAR® Canada Heating, Ventilation and Air Conditioning Products Manufacturer of the Year by Natural Resources Canada.

Conclusion

This report provides a comprehensive overview of Resideo Technologies Inc., highlighting its commitment to creating smart home solutions that are sustainable and user-friendly. The company is currently focusing on enhancing its existing products and launching new ones in the smart home and security domains. Resideo also emphasizes corporate social responsibility through various partnerships and sustainable practices.