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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>

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