Providing market intelligence for more than 35 years

In The News

IDC’s Ruthbea Clarke: Transportation, Energy to See Gov’t IoT Spend Increase in Next 2 Years

Tom Kerber, an analyst at Parks Associates, said the government sector faces challenges in its work to secure funds for IoT efforts.

“Many different verticals within the public sector such as water and electricity can benefit from a combined infrastructure but are used to working independently,” Kerber said.

“The very bureaucratic process has to be adjusted to take advantage of the opportunities that present themselves.”

From the article "IDC’s Ruthbea Clarke: Transportation, Energy to See Gov’t IoT Spend Increase in Next 2 Years" by Jane Edwards.

Previously In The News

Can AI decide who’s a threat at your door? A new SimpliSafe camera aims to find out.

“I would say what they’re doing is quite advanced,” said Elizabeth Parks, president of market research firm Parks Associates. She said it’s one of many efforts by home security companies to embed AI t...

Old apartment buildings have some big broadband infrastructure problems

A majority (82%) of multi-dwelling units (MDUs) over 10 years old report internet connectivity challenges, according to a recent study from Comcast’s Xfinity Communities in collaboration with Parks As...

OliverIQ Releases Multi-Protocol Hub with Complete Smart Home as a Service Offering

"The smart home market is maturing, but the experience remains disjointed. Just 40% of smart home device owners coordinate their smart home devices in routines or wider automations. Plus, difficulty w...

Domestic smart video market set to almost double by 2027

Parks Associates’ new white paper, Video at the Door: Driving New Revenues, developed in partnership with Xailient, estimates that smart video devices generated $1.3 billion in stand-alone service...