At LeWeb Paris this morning, Nest Labs' Founder and CEO Tony Fadell took the stage with the Iliad Group's founder Xavier Niel to talk about his advanced thermostat and the Internet of Things.
Fadell noted that, in the U.S., more than 10 million thermostats are sold every year. When he built his own home, Fadell noticed that nobody had innovated on thermostat for years, despite the fact that they control almost half of the energy used every year.
Asked about how he went from designing the iPad to a thermostat
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