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A major feature of Wi-Fi thermostats (such as smart thermostats) is their ability to connect to the internet. These thermostats are designed with a Wi-Fi module that allows the thermostat to connect to the user's home or office network and interface with a web portal or smartphone application, allowing users to control the thermostat remotely. [15]
A thermostat exerts control by switching heating or cooling devices on or off, or by regulating the flow of a heat transfer fluid as needed, to maintain the correct temperature. A thermostat can often be the main control unit for a heating or cooling system, in applications ranging from ambient air control to automotive coolant control.
The Honeywell T87 Round Thermostat is a thermostat that Honeywell International, Inc. first manufactured in 1953. [1]
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As the thermostat is connected to the Internet, the company can push updates to fix bugs, improve performance and add additional features. For updates to occur automatically, the thermostat must be connected to Wi‑Fi and the battery must have at least a 3.7 V charge to give enough power to complete the download and installation of the update ...
Honeywell was a component of the Dow Jones Industrial Average index from 1999 to 2008. Prior to 1999, its corporate predecessors were included dating back to 1925, including early entrants in the computing and thermostat industries. [7] [8] In 2020, Honeywell rejoined the Dow Jones Industrial Average index. [9]