Connected Home Systems and Controls

Connectivity in the home and the addition of connected devices continues to expand year-over-year. These products provide an increased level of convenience for consumers through home automation and home security applications, energy management and energy efficiency services, and the ability to control and monitor the home remotely. Smart thermostats have been around since the early 2000s; however, the introduction of the Nest Learning Thermostat in 2011 brought a greater level of...
 
by Lindsay Gafford | Nov. 11, 2019
Tags: Internet of Things, smart home
Home builders are traditionally risk averse when it comes to adding new technologies in their homes. However, home builders can be an effective channel to introduce smart home products and services to a broad range of customers, including those that are not traditionally tech enthusiasts. Builders across the country convened in Irving last week for Builder Connections, hosted by Hanley Wood, to hear insights on consumer demand for smart home products and services and trends impacting...

Amazon recently announced plans to disconnect Dash buttons from the internet. Initially launched in 2015, Dash buttons are small buttons associated with specific products. They allow Amazon Prime members holders to reorder more of the associated product by simply pressing the button when supplies are running low. Products commonly associated with Dash buttons include laundry detergent, paper towels, and coffee. The Dash button became obsolete with the emergence of suitable...
 
by Patrice Samuels | Sep. 11, 2019
Tags: Amazon, voice control
The recent rise of insurtechs has spurred modernization in the fundamentals of insurance, including policy creation, underwriting, and claims management. Insurtechs, such as Hippo and Lemonade, have implemented AI and data analytics to provide quick and accurate quotes to their customers while also decreasing their own operating costs. Such innovation has disrupted the traditional insurance industry and has helped alter underlying business models of legacy companies, forcing them to...

One of our mantras at Parks Associates is that many smart home device manufacturers need to strengthen their value propositions in order to win-over the mass market consumer and justify the higher price of connected products. In short, offer consumers more for more, more for less, or at least more for the same cost as competitors. The Yardian (a portmanteau, or mash-up, of “yard” and “guardian”) by Aeon Matrix is a smart irrigation controller that beefs up its value...
 
by Brad Russell | Aug. 8, 2019
Tags: Internet of Things, smart home
This week it was revealed that Apple uses contractors to review Siri recordings, which exposes the recordings of Apple customers’ personal lives including recordings of doctor visits and other personal situations. In April, an investigation by Bloomberg highlighted that one way in which Amazon improves the Alexa solution is to have humans review customers’ requests. In July, a study from a Belgian public broadcaster revealed that recordings from Google Assistant were being transcribed...
 
by Patrice Samuels | Aug. 1, 2019
Tags: privacy, smart home

Every year, Amazon hosts Prime Day, a one-day event of deals exclusive to Amazon Prime members. Heavy promotion of its own products, electronics in particular, are a common theme on Prime Day. This year, Amazon offered its Prime members a promotion that gave them a $10 coupon in exchange for tracking their data. The offer requires members to install Amazon Assistant, a browser tool that allows consumers to discover Amazon products and compare prices across other retailers on the web. This...
 
by Dina Abdelrazik | Jul. 19, 2019
Tags: Amazon, privacy
The smart home starts at the front door, with devices like smart door locks, networked cameras, smart garage door openers, and video doorbells representing not only a foundation for security solutions but also access points for a future world of services, including in-home and in-garage delivery, home rental solutions, pet and cleaning services, and much more. Parks Associates research shows video doorbells lead in adoption among the three primary access control devices. At the...


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