Industry Press Releases

According to Parks Associates, 76% of broadband households express high levels of concern about security and privacy issues when using any of their connected devices. "Consumer confidence in the value of IoT devices and services is significantly influenced by security concerns," said Brad Russell, Research Analyst, Parks Associates. "Multi-sensor biometric security technologies are advancing with the help of increasingly sophisticated artificial intelligence algorithms. Technolo ...read more

Arrayent Inc. today announced its participation in CONNECTIONS™: The Premier Connected Home Conference, to be held May 23-25 at the Hyatt Regency San Francisco Airport. Arrayent VP Peter Radsliff will share his views on the pre-show research workshops panel entitled “Industry Insights: Growth and Business Models” on Tuesday, May 23. Arrayent—the IoT cloud chosen by trusted brands—is also a proud sponsor of the 21st annual confab presented by market researcher, Parks Associates.

PointCentral, the recognized leader in enterprise-scale Smart Home Automation solutions for property managers, today announced that Sean Miller, PointCentral’s incoming president, has been invited to speak at Parks Associates 21st annual Connected Home Conference – Connections, May 23-25 in San Francisco. Mr. Miller will join a distinguished panel of other IoT executives to discuss the topic; IoT Monetization Models: Building a Mass-Market Smart Home, scheduled for Wednesday, Ma ...read more

Greenwave’s AXON Platform extends analytics and machine learning down to the chip level and at all points in between. With the addition of AXON Predict to its product family, the company is now extending computational power and real intelligence industrial, commercial and consumer market segments within the Internet of Things (IoT). Together, the company’s real-time visual edge analytics software and sophisticated data management platform will enable enterprises and OEMs to mana ...read more

Plex, the streaming media app that organizes your favorite media content and streams it to all your devices, today announced that it has acquired the streaming news service, Watchup. Terms of the deal were not disclosed. The acquisition of Watchup is an important milestone for Plex in its mission to become the way people discover, enjoy, and share all of their media on all of their devices.

From the press release "Plex Acquires Streaming News Service Watchup."

Parks Associates’ Tom Kerber says that Unilectric offers a “highly differentiated solution” that is a “key component for smart home and energy management which addresses key value propositions for Consumers, Businesses and Channel Partners. It enables new business models for Energy Services, Cross selling with home services, Lead generation, Insurance loss mitigation, Demand Response and Aging in place.”

From the press release "Unilectric Introduces Smart Home Technology at ...read more

According to Parks Associates research, 44% of U.S. broadband households use voice controls on Internet-connected devices and 46% of U.S. millennials with smartphones use voice recognition software, such as Apple’s Siri, Google Now, or Microsoft’s Cortana. “Voice control has emerged as a highly desirable interface,” said Brad Russell, Research Analyst, Parks Associates.

From the article "DSP Group Tackles Preternatural Communication Challenge with New Audio SoC" by Monika Do ...read more

The ai3™ platform has been adopted by numerous original equipment manufacturers and chip companies, with a range of consumer devices containing ai3TM software already in the market and more slated to launch in 2017. "In the last two years, Smart Home device ownership has more than doubled," said Stuart Sikes, President of research firm Parks Associates. "We estimate companies will sell almost 55 million smart home devices in 2020." 

From the press release "Audio Analytic Sho ...read more