"Internet of Things" articles

Daniel Herscovici, Senior Vice President and General Manager of Xfinity Home , Comcast's total home security and home automation solution, recently provided key insights into the smart home and home security markets:  Comcast Xfinity has grown from 500K subscribers in 2015 to more than 1 million in Q2 2017 – what attributes to such significant growth? We attribute the growth of Xfinity Home to many factors including product innovation, bundle value and unique...
Imagine a hot summer night in Phoenix, one of the hottest major cities in the United States. I’m visiting my grandmother’s home while on a break from college and sleeping on the pullout couch in her guest room. It’s 2 a.m., and I have awoken feeling quite warm and am unable to return to a peaceful slumber. That’s because my grandma has turned up the thermostat to 82 degrees. Her formative years were during the height of the Great Depression, and throughout the course of her life,...
Parks Associates will host the 12th-annual CONNECTIONS™ Europe: IoT and the Connected Consumer , November 1-2, 2017 at the Amsterdam Marriott Hotel, featuring high-level speakers from the top European and international companies in the digital living ecosystem. Early confirmed keynotes include: Sudeep Maitra , Global VP, Strategy and Development,  Centrica Matthias Mieves , Head of New Business, Sales & Marketing Connected Home,  Deutsche...
Consumers have been relatively quick to embrace voice-based applications, beginning and led by Apple’s Siri. Parks Associates research notes that at the end of 2016, 45% of U.S. smartphone owners reported using a voice-enabled personal assistant through an app or dedicated device. As devices continue to add listening capabilities, voice control will extend throughout the home and in other connected devices as an intrinsic, easy, and natural way to facilitate smart home...
CONNECTIONS™: The Premier Connected Home Conference , which was recently held in San Francisco, featured a very vibrant discussion where panelists and audience members attempted to determine if there was a significant market opportunity for the support of connected healthcare and fitness devices. Parks Associates presented research which highlighted the fact that the majority of connected health and fitness device owners (more than 90%) set up their devices on their own or with...
The European smart home market is moving forward, but differences between Europe and the U.S. create unique challenges. In the U.S., adoption of professionally monitored security exceeds 20% of households. Overall, adoption of professional monitoring services in Europe is under 3% of households. In the U.S., the security channel is the leading channel for smart home services. Many telecoms have entered the security market because it has an established market with a proven approach...
Kian Saneii , Founder & CEO, Independa, provided insight on several key industry trends ahead of Parks Associates’ 21st-annual CONNECTIONS™ Conference , which was held May 23-25 at the Hyatt Regency San Francisco Airport: What does the industry need to do to speed up the slow growth of overall smart home adoption? The industry needs three things to speed up the growth of overall smart home adoption: Integration, Affordability, and Simplicity. ...
Leading insurance companies are currently testing various models for integrating smart home services with insurance services in order to deepen customer engagement, mitigate risk, and create new revenue streams. While the insurance industry has historically used data in a backward-looking manner, IoT data streaming from devices in real-time represents an opportunity to quantify risk with greater precision. Parks Associates research indicates a substantial portion of consumers would...

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