Sesame Smart Lock Simply secure Safety Convenience Control
Presentation Outline Market Trends Our Vision Sesame Smart Lock How it looks and works Technical details Usability Competition Target Market Management Team Questions?
Current Market Trends In the near future more and more devices will communicate with each other wirelessly. Market Drivers: BlueTooth – Platform thirsty for applications Small smart devices like PDAs. Cell phones Ripening technology The ability to prove your identity over a loosely coupled network will be essential.
Our Vision A world in which all electronic devices cooperate for your convenience. OurApproach This convenience relies on security. The Sesame Smart Lock provides inroads to communicating home appliances and Wireless security. Mission Statement To pioneer the field of wireless identity.
The Beginning: Sesame Smart Lock A highly convenient yet highly secure smart lock. Sesame provides unprecedented ease of use and control. • Very easy to use. • Truly Secure • Use of existing technology reduces cost
How it works • “keys” are cryptographic codes- unique, cannot be copied or faked • Door keeps a list of authorized users. • When key bearer approaches door, the door detects this • Door talks to key using BlueTooth. • If and only if key is in list, door unlocks.
Usability • Complex usage scenarios: • Key is inside, door should be locked • Allowing people in only at given times • Adding removing keys • Controlling remotely • Power consumption The power of a smart device is in its ability to answer all these issues
Power Consumption • Motor for add-on configuration: Power consumption: 120 mA – 6V that’s 10 Hr work or – over 2000 lock cycles 1 • Palm - 70 mA – at peek usage 2 1- Measured in lab 2- http://www.ece.uci.edu/~dli/research02/020102.html Battery pack will last a number of months
Competition • Regular keys. • Swipe cards locks. • Key pads. • Proximity detectors (RF transponders). • Smart chips. • RF and IR remote controls.
Barriers to smart lock acceptance Why isn’t a every lock a smart lock? High price of existing solution Lack of standardization Security concerns Difficulty of use
Palm m125 $125 Lock $25-$400 IO Card $62 IR detector $5 BlueTooth card $120 Just the controller starts ~$400-$2000 Lock $25-$400 Price comparison Our solution Competition Total ~$425 - $2400 Total ~$355, Estimated real cost ~$135
Target Market Focus on neglected home market Traditionally price and complexity have been a deterrent to this market Homes Current solutions are inconvenient and cumbersome. Offices/Hotels High security Better security is always an issue
Management Team Joey Edelstein, President and CTO Ilan Dvir, CEO & VP R&D Bill Gates, dishwasher Sesame intends to recruit experienced top-tier specialists in the following fields: Wireless Comm. GUI experts Sales and Marketing Software Engineering