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Today is November 3, World Smart Home day — and that means it’s the perfect time to discuss the Internet of Things (IoT). We recently saw the launch (finally!) of Matter, an industry-unifying open standard for smart homes. If you’re building IoT devices, this (excuse the pun) matters.

Let’s dive into what it’s all about — and especially what it means for European businesses.

Traditionally, smart home devices exist across several ecosystems with limited interoperability. They don’t play nicely together and are plagued by the requirement for multiple apps, complex set-ups, and configurations. On top of this, more often than not, there’s a lack of clarity about cybersecurity too.

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