May 24, 2012
Parks Associates and Best Buy address the $500 million market for IP-connected home services at CONNECTIONS™ at TIA 2012
Executive Conference addresses opportunities for service providers, security, and retailers
Parks Associates announced today the Best Buy keynote and list of speakers for June 7, the final day of the 16th annual CONNECTIONS™, which focuses on connected home systems and solutions, including energy, security, and home monitoring services. International research firm Parks Associates estimates 2012 U.S. revenues for IP-connected home service bundles, including control, automation, and security monitoring services, will be approximately $500 million.
CONNECTIONS™: The Digital Living Conference and Showcase, hosted by Parks Associates and co-located with TIA 2012: Inside the Network, takes place June 5-7 in Dallas, Texas. June 7 features the session "Partnerships and Competition among Broadband and Security Service Providers, Utilities, and Retailers," moderated by Tom Kerber, Director, Research, Home Controls & Energy, Parks Associates, and featuring executives from Ingersoll Rand, Honeywell International, Inc., Motorola Mobility, Tendril, and iControl Networks.
Kristen Bowring, Senior Director, Platform Lead Home and Energy Management, Best Buy, will deliver the closing keynote "Security, Controls, Energy Management, Connected Appliances – Accelerating the Adoption of the Connected Home" at 10:45 a.m. Mr. Bowring will discuss factors accelerating development of the connected home and the need for consumer-centric solutions that are easy to use and create an emotional connection with customers.
“Offering service bundles expands the value proposition, and ARPU, of energy and security services, but different households value different services, opening opportunities for a variety of companies, from retailers to service providers to security companies,” said Stuart Sikes, president, Parks Associates. “At CONNECTIONS™, we have all stakeholders in a discussion of the different business opportunities, channel strengths, and partnership opportunities in deploying connected home services."
At CONNECTIONS™, Parks Associates’ leading analysts moderate all sessions. The analysts, joined by 100+ speakers, will present new consumer research and industry trends about emerging business models and opportunities in digital content, mobile applications and services, connected consumer electronics, broadband and value-added services, and home systems.
Panelists on "Partnerships and Competition among Broadband and Security Service Providers, Utilities, and Retailers"
Áine Denari, Director of Strategy, Residential Solutions, Ingersoll Rand
Lewin A.R.W. Edwards, Sr. Software Product Manager, Honeywell International, Inc.
Jerry Kurtze, Senior Manager of Business Development and Marketing, Motorola Mobility
Dennis Kyle, VP, Strategic and New Market Development, Tendril
Greg Roberts, Vice President, Marketing, iControl Networks
Gene Wang, CEO, People Power Company
CONNECTIONS™ sponsors: CEA, IBM, Hitachi, Actiontec, Affinegy, Allegro Software, Digitalsmiths, F-Secure, Jungo, PacketVideo, Quatrro, Radialpoint, Sutherland Global Services, Verizon, Waterstone Management Group, Arrayent, Irdeto, People Power, Sigma Designs, Veveo, and HomePlug Powerline Alliance.
More information can be found at www.connectionsconference.com.
About CONNECTIONS™
Parks Associates' 27th annual CONNECTIONS™: The Premier Connected Home Conference features an in-person conference on May 23-25, 2023 and multiple virtual sessions hosted throughout 2023. The event focuses on the adoption of technology including smart home, security, connected health, energy, and home automation.
Bringing together more than 1,500 senior executives, CONNECTIONS™ provides networking opportunities combined with visionary keynotes and virtual sessions. The Parks Associates analyst team leads all conference sessions, which are focused on technology innovations, consumer adoption and trends, product and service forecasts, and the evaluation of new business strategies, partnerships, monetization opportunities, and value-added service design.
Throughout the event, sponsors offer demos during networking events, spotlighting new technology innovations and services for the entertainment, mobile, and smart home market segments.
CONNECTIONS™ 2023 features an in-person conference on May 23-25, 2023, with virtual sessions on March 2, July 20, and October 5. For more information, contact [email protected], call 972-490-1113, visit www.connectionsconference.com.
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