The competition and innovation in the smart-thermostat space is good for consumers, who can choose a thermostat based on which features appeal to them the most, and also because the increased sensoring will likely only drive down heating and cooling needs for homes that use the technology. By the end of this year, smart thermostats will start to make up the majority of all thermostat sales in the U.S., according to Parks Associates.
For Alarm.com, having its own thermostat will also help the company expand into more commercial businesses, a priority for the firm, which went public earlier this summer. In its first earnings call earlier this month, Steve Trundle, CEO of Alarm.com, said the company is looking for more international expansion opportunities, especially in Latin America, Turkey, New Zealand, Australia and South Africa.
From the article "Alarm.com Builds Its Own Smart Thermostat" by Katherine Tweed.
As of last month, around one out of every five pay-TV households subscribe to an online video service through their pay-TV providers, according to a survey from Parks Associates. That's good news for...
Pay-TV operators are seeing a "slow erosion of the core business," analyst Brett Sappington at Parks Associates said. "After years of attempts to be more than just a 'dumb pipe,' pay-TV operators h...
Books and videogames have done this for years, but achieving good results with video has proved difficult. Beyond making the technology work, open-ended storytelling doesn't make much sense from a bus...
“There seemed to be an attitude around the industry that after House of Cards and Orange is the New Black, there was no way Netflix could catch lightning in a bottle again,” says Glenn Hower, a senior...
