PACT Magazine
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THE PROBLEM<br />
Every person deserves the right to a safe and secure house and the peace of mind<br />
which ensues. But in a time of low home ownership and high rentals, a security<br />
system can be somewhat out of reach. The original model of a home security<br />
system relies on an external company to set up and monitor your security, leaving<br />
it in the hands of someone else. These prices and systems are not always viable<br />
options for low income households and people who are renting, as they can come at<br />
a significant cost and aren’t easily relocated when they wish to vacate the property.<br />
All these elements work together to set up barriers for home security, which don’t<br />
need to exist in this day and age.<br />
With household burglary being one of the most widespread crimes throughout<br />
Australia, at over 300 000 cases reported annually, there is a clear hole in the<br />
market. Reports say that Australians are aware of this, with around 36% of them<br />
believing that their house is likely to be burgled in the forthcoming year (Australian<br />
Institute of Criminology - Household burglary, 2016).<br />
Our target market will generally consist of people looking for an alternative<br />
standalone security system that is both simple and unobtrusive. This market will be<br />
made up of low income households, students and the rental market. Creating a<br />
versatile solution, allowing people to control their own security, setting up what they<br />
wish to monitor and when without having to rely on an external company.<br />
We are working to solve this problem by providing a simple to use entry level home<br />
security system that can be monitored and managed independently, requiring only<br />
power, an internet connection, a smart phone and a house you wish to secure.<br />
Giving users an extra layer of defense while bypassing the complications that come<br />
with conventional security systems and giving the consumers the peace of mind<br />
they deserve.<br />
03 <strong>PACT</strong>