Consumer Electronics Daily

Monday, October 26, 2020

Google's DIY Security Exit Spurs Doubts About Segment's Future: Parks

Google's decision to discontinue its three-year-old Nest Secure do-it-yourself security system wasn’t a surprise, given Google’s $450 million investment in security stalwart ADT in August, Parks Associates analyst Brad Russell told us. It raises questions about the staying power of the DIY security system market, Russell said, noting the low uptake of recurring monthly contracts in the segment vs. the 88% adoption among professionally installed systems.

From the article "Goo more

Monday, June 15, 2020

Streaming Service Stacking Continues; OTT Providers Face Challenges in Growing Market

Video streaming service stacking is likely to continue near term, after accelerating during the shelter-at-home period for the coronavirus, said industry executives on a Parks Associates webinar Wednesday, marking the 10th anniversary of video streaming.

From the article "Streaming Service Stacking Continues; OTT Providers Face Challenges in Growing Market" by Rebecca Day.

Friday, May 27, 2016

SmartThings Bundling Hubs In Effort To Play Up Smart Home Use Cases, Not Products

The independent home automation hub is fading as a means to a do-it-yourself smart home purchase, Robert Parker, SmartThings senior vice president-engineering, told us after his keynote at the Parks’ Associates Connections conference Wednesday. The hub as an independent purchase model is going away as the smart home industry continues its effort to reach mainstream consumers, he said.

From the article "SmartThings Bundling Hubs In Effort To Play Up Smart Home Use Cases, Not more

Friday, July 12, 2013

Mobile Commerce World Launch Event Wraps with Outstanding Reviews

UBM Tech's inaugural Mobile Commerce World event held June 24-26, 2013 in San Francisco received high accolades from attendees and sponsors. With more than 2,600 registrants, the event greatly exceeded its attendee goals, and is the world's largest conference and expo focused on helping retailers and enterprises develop mobile commerce systems. Mobile Commerce World brought together leaders from across the entire mobile commerce ecosystem in packed session rooms and on the show more

Friday, June 14, 2013

Now's Time to Enter Connected Home Space, Chip Maker Says

Now is the time for service providers looking to broaden their subscriber base to enter the connected home space, said Bill Scheffler, senior director-North American business development for Z-Wave at Sigma Designs, during a Parks Associates webcast. Prospective entrants to the market have to consider the right technology for mass consumer adoption and choose an established ecosystem with other partner companies for interoperability. Scheffler said Z-Wave is dominant among secur more

Tuesday, June 04, 2013

Security is Top AT&T Worry in Opening Digital Life to New Partners

AT&T’s Digital Life went to “great lengths” and “great expense” to protect its cloud-based service, Senior Vice President Kevin Petersen said at the recent Parks Associates Connections conference being held in conjunction with CTIA. Petersen cited an environment rife with hacking scenarios and said when it comes to consumer security, “You can’t have them.”

Digital Life won't "jeopardize the AT&T brand because of a rogue incident,” Petersen said in response to a question abou more

Monday, March 18, 2013

Lowe's Connected Home Strategy Seen Needing Industry Help

Several decades into the market for home control systems, industry players are still struggling with how to reach consumers and make money at it, said panelists at Parks Associates’ Smart Energy Summit. Educating consumers about benefits of home control, monetizing the service and simplifying the technology for a mainstream consumer all remain barriers to success of the category, they said.

From the article, "Lowe's Connected Home Strategy Seen Needing Industry Help" by Rebe more

Wednesday, March 13, 2013

Lifestyle Features Seen Luring Consumers to Energy Management

Lowering a utility bill isn’t likely to be the near-term driver that engages consumers in adoption of home energy management services, said panelists at Parks Associates’ Smart Energy Summit. “Consumer interest in saving energy appears to have waned some over the past couple of years,” said John Barrett, director of consumer analytics at Parks.

When the economy was in poorer shape and consumers were more sensitive about budgets, they were more interested in saving money on h more

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