Smart Thermostat are WiFi enabled controllers which can manage temperature from anywhere in the world. Internet of Things is the basic model which assists the working of smart thermostat.
Smart thermostats are beneficial because they provide; * Energy Efficiency * Cost Effectiveness * Environment Protection * Autonomy to control from anywhere, anytime * Compatibility with all brands * Convenience * Compatibility with Amazon Echo * Usage Statistics
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All modern programmable thermostats provide: * Energy Efficiency * Cost Effectiveness * Environment Protection * Convenience
Non-WiFi home automation thermostats provide: * Energy Efficiency * Cost Effectiveness * Environment Protection * Convenience
Depending on the particular home automation setup and all WiFi thermostats add: * Autonomy to control from anywhere, anytime
No thermostat has: * Compatibility with all brands
Not all WiFi thermostats have: * Compatibility with Amazon Echo
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Why would anyone need to control home temperature "from anywhere in the world"? Technologically it is simple to do, but is it practical? Unlike the wired systems, you pay for the connection. Moreover, IoT devices have poor, in many cases non-existent security. Just look at all too common security breaches and hacks at already protected banks, governments, automobiles and so forth. Unfortunately, there are too many malicious people in the world just looking for ways to hurt someone. IoT vendors blinded by technological gimmicks are only beginning to wake up to security issues.
Well they are good for saving energy because they tell you what your energy bill might be and they save energy. They can also be controlled from almost anywhere as long as your smart phone and thermostat are connected to the wifi. Only the best smart thermostats have Alexa compatibility or other special features. If you want the best smart thermostat than check out this article. https://tekchamps.com/best-smart-thermostats-alexa-compatible-google-home/