• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Techsmart home

SmartThings, Samsung’s smart home business, has a new hub and revenue stream

By
Stacey Higginbotham
Stacey Higginbotham
Down Arrow Button Icon
By
Stacey Higginbotham
Stacey Higginbotham
Down Arrow Button Icon
September 3, 2015, 3:00 AM ET
Image courtesy of SmartThings

SmartThings, the smart home company Samsung bought last summer, has launched its second generation home automation hub and a new services model it plans to open up to other developers.

The company’s new hardware adds new radios and the ability to control automation tasks even if the home is disconnected from the Internet. It also gives users visibility into their homes by connecting to cameras for the first time in the company’s three year-history. The cameras are also essential for its first premium service offering, a cloud storage and monitoring product that will let homeowners track their home from any number of cameras for a set fee.

The $99 hub will hit online stores in the U.S. Thursday, and will arrive in undisclosed brick and mortar stores in October. SmartThings will also ship internationally for the first time, starting with a U.K. launch later this month. The updated hub also gets a completely new app that is more intuitive, and that will work with a new line of SmartThings sensors that are much smaller than older versions. The sensors cost between $30 and $55, depending on the sensor. They range from water leak sensors and open close sensors to presence tags that a homeowners can put on a dog or a person to track when they enter or leave the house.

Because SmartThings’ claim to fame is being an open platform, the hub will also work with over 200 devices, although they do not include the popular family of products from Nest or Apple’s upcoming HomeKit products. SmartThings CEO and founder Alex Hawkinson tells Fortune he is open to supporting HomeKit and loves Apple products, but he’s been disappointed so far by the proprietary hardware and he hasn’t seen much value in adding support for it given the ecosystem’s current maturity. However, he says that he could add the necessary hardware with an expansion device that would plug into the hub, and is completely open to doing so if warranted.

The SmartThings app.Image courtesy of SmartThings.
Image courtesy of SmartThings.

The second generation hub has been promised since the CES trade show last January, when Samsung CEO BK Yoon introduced Hawkinson during a speech proselytizing an open Internet of things. At the time, Hawkinson said the hub was expected in May, but he tells Fortune that completely revamping the app and planning an international product launch caused the launch to be delayed.

Hawkinson is most excited about the changes the company has made to its app and how it’s trying to build a program that lets developers build their own apps and services on top of the SmartThings platform. For example, the company has launched the first such paid service with Smart Home Monitor, which stores video clips from multiple cameras and lets homeowners create lists of people to contact if a sensor or camera detects a problem. The service will be free though the end of the year, at which point SmartThings will start charging $4.99 per month. Live monitoring will stay free.

Because people tend to be sensitive about cameras in their home, Hawkinson says that they only store data on the device and don’t send the information to the cloud unless the user tells the hub to do so. It’s also why camera support took so long to be added to the device. Hawkinson expects other companies to build security services, such as a 24-hour monitoring service, based on the SmartThings hub, and he plans to build a revenue share model around that business. This is a big step for SmartThings, which was one of the first smart home automation companies to launch back in 2012 with a Kickstarter.

As part of Samsung, SmartThings has plenty of backing. But it also has a lot to prove as a significant part of its parent company’s effort to attract other device makers to join its vision for a neutral and open smart home.

With this new hub, SmartThings is looking to reach the mainstream consumer. If it can do that, it will have more leverage to force other companies to play along with its open ideals.

This story was updated with the monthly charge for the Smart Home Monitor video storage service.

About the Author
By Stacey Higginbotham
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
20 hours ago
placeholder alt text
Success
Alexis Ohanian walked out of the LSAT 20 minutes in, went to a Waffle House, and decided he was 'gonna invent a career.' He founded Reddit
By Preston ForeJanuary 31, 2026
13 hours ago
placeholder alt text
Success
Ryan Serhant starts work at 4:30 a.m.—he says most people don’t achieve their dreams because ‘what they really want is just to be lazy’
By Preston ForeJanuary 31, 2026
16 hours ago
placeholder alt text
Future of Work
Ford CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: 'We are in trouble in our country'
By Marco Quiroz-GutierrezJanuary 31, 2026
13 hours ago
placeholder alt text
Economy
Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
By Jason MaJanuary 30, 2026
1 day ago
placeholder alt text
AI
Top engineers at Anthropic, OpenAI say AI now writes 100% of their code—with big implications for the future of software development jobs
By Beatrice NolanJanuary 29, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Tech

Startups & VentureOpenAI
Nvidia CEO signals investment in OpenAI round may be largest yet
By Debby Wu and BloombergJanuary 31, 2026
5 hours ago
Startups & VentureVenture Capital
Silicon Valley legend Kleiner Perkins was written off. Then an unlikely VC showed up
By Allie GarfinkleJanuary 31, 2026
9 hours ago
AIData Security
Moltbook, a social network where AI agents hang together, may be ‘the most interesting place on the internet right now’
By Jason MaJanuary 31, 2026
11 hours ago
Photo of Alexis Ohanian
SuccessFounders
Alexis Ohanian walked out of the LSAT 20 minutes in, went to a Waffle House, and decided he was ‘gonna invent a career.’ He founded Reddit
By Preston ForeJanuary 31, 2026
13 hours ago
Netflix
Big TechMarkets
Netflix may be turning into an ‘entertainment giant,’ but its stock looks like ‘dead money’ to investors
By Nick LichtenbergJanuary 31, 2026
15 hours ago
In this handout, the mug shot of Jeffrey Epstein, 2019.
PoliticsJeffrey Epstein
Elon Musk and Jeffrey Epstein emailed each other for years trying to meet up, new Justice Department records show
By Eva Roytburg and Sasha RogelbergJanuary 30, 2026
1 day ago