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Industry Press Releases

Audio Analytic Raises £4.3 Million In Series A Funding Round Led By CIC

Audio Analytic works with Smart Home original equipment manufacturers and chip companies, with a range of consumer devices containing ai3 software already in the market and more slated to launch in 2017.

According to research firm Parks Associates, in the last two years Smart Home device ownership has more than doubled. Stuart Sikes, President of research firm Parks Associates, said: “We estimate companies will sell almost 55 million smart home devices in 2020.”

From the press release "Audio Analytic Raises £4.3 Million In Series A Funding Round Led By CIC"

Previously In The News

Veego Gives Eyes to ISPs, Enabling Automatic Detection and Repair of Smart Home Problems

According to a study by Parks Associates titled 360 View: Supporting the Connected Consumer, “Unresolved technical problems with smart home devices have risen 240% in 3 Years. 79% of consumers have se...

Service Providers Can Now Elevate Their Business Models by Seizing Control of the Burgeoning Smart Home and Business Opportunity

According to Parks Associates, 26 percent of US broadband homes already own at least one smart home device, and 50% report issues when setting up a smart home device. While CSPs are usually not involv...

Lynx Technology to Present at CONNECTIONS™ Summit: IoT, Entertainment, and the Connected Consumer at CES® 2016

The interactive panel session, moderated by Brett Sappington, Director of Research for Parks Associates, examines changes in CPE product design and deployment as the OTT, broadcast, and pay-TV worlds...

Z-Wave Tackles IoT Security, Consumer Education as Ecosystem Hits New Milestones

Parks Associates data shows that 1 in 5 consumers in the US currently own smart home devices with global growth on the rise and residential connected devices will generate approximately 11 million sup...

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