Wednesday, May 10, 2017

40-50% of consumers find individual energy monitoring services appealing

ecobee, EnergyHub, sonnen, and Whisker Labs to discuss energy management solutions at 21st-annual CONNECTIONS™ Conference, May 23-25

IoT research firm Parks Associates announced energy management research today showing 40-50% of consumers find individual energy monitoring services appealing. Industry-leading executives will join Parks Associates at the 21st-annual CONNECTIONS™: The Premier Connected Home Conference, May 23-25 in San Francisco, to discuss strategies to get consumers excited about energy management as well as ways to leverage the billions of smart home devices found in U.S. broadband households.

“Safety and security are the leading value propositions for the smart home, yet more people own smart thermostats than any other product category,” said Tom Kerber, Director of IoT Strategy, Parks Associates. “At CONNECTIONS™, we will examine the convergence in the smart home and energy management and why energy management solutions are experiencing strong growth.”

Smart Home: Quest for Compelling Use Cases notes that 54% of U.S. broadband households are interested in a monitoring solution that identifies problems with any major appliance and 50% are interested in a solution that identifies ways of improving energy efficiency. Overall, U.S. consumers show a preference for energy solutions with actionable intelligence that are informative and proactive, over basic monitoring and reporting solutions.

Energy Management Solutions: Moving the Market Forward,” Wednesday, May 24, at 10:30 a.m., moderated by Tom Kerber, features the following speakers:


CONNECTIONS™ sponsors: Intel Corporation, Vivint Smart Home, Asurion, Greenwave Systems, Assurant Solutions, HelloTech, Xively by LogMeIn, Alarm.com, Centercode, ROC-Connect, Support.com, ULE Alliance, Verisk, AMT Warranty, Arrayent, Audio Analytic, Ayla Networks, Cirrent, Cross Country Home Services, Deutsche Telekom, EVRYTHNG, FIBARO, mnubo, OneEvent Technologies, Whisker Labs, Z-Wave, Amazon Alexa, HomeAdvisor, Nortek Security & Control, Tyco, leakSMART™, and MivaTek.

To register for the 21st-annual CONNECTIONS™ conference, please visit http://bit.ly/CONNUSregistration. Follow the conference on Twitter at @CONNECTIONS_US, #CONNUS17, and on the CONNECTIONS™ Industry Insights Blog. To schedule an interview with an analyst or request specific research, contact Holly Sprague at hsprague@gmail.com, 720.987.6614.

About CONNECTIONS™

Parks Associates' 24th annual CONNECTIONS™: The Premier Connected Home Conference will take place November 10-12, 2020, online, as part of the Virtual CONNECTIONS Community.

The annual CONNECTIONS™ conference hosts more than 650 executives from the connected entertainment, security, smart home, health, and energy industries. CONNECTIONS™ provides networking opportunities combined with visionary keynotes and conference sessions focused on technology innovations, consumer research on adoption and trends, product and service forecasts, and evaluation of new business strategies, partnerships, monetization opportunities, and value-added service design. The event also features a research workshop with a deep dive into Parks Associates’ consumer data and trends in the smart home markets.

Throughout the event, sponsors offer tabletop demos during virtual networking events, spotlighting new technology innovations and services for the entertainment, mobile, and smart home market segments. For more information, contact sales@parksassociates.com, call 972-490-1113, visit www.connectionsconference.com.

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