Providing market intelligence for more than 35 years

TMCnet

Verizon, Bright House Hone in on Smart Automation for Homes

Verizon first showcased its new service, Home Monitoring and Control, at the 2011 International Consumer Electronics Show in Las Vegas. The service enables customers to lock doors remotely; see what's going on at home via networked cameras; and set, adjust and control lights, smart thermostats, and appliances -- all by using a smartphone or a computer, or through Verizon’s FiOS TV.

"The more services they can get someone to sign up for, the stickier that customer is to them," said Bill Ablondi, director of home systems research for Dallas-based Parks Associates market research firm.

Ablondi at Parks Associates said, in one sense, these companies are trying to do for home automation what Apple did for downloading music: Take a market that was highly complex and fragmented, simplify it dramatically and sell it as a service.

From the article, "Verizon, Bright House Hone in on Smart Automation for Homes"

Previously In The News

Verizon Targets Online Schemes, Sluggish Computers

"Nobody wants to become an identity thief's catch of the day," said Michael Cai, an analyst with Parks Associates and an outspoken advocate of online fraud protection. "Yet in nearly a third of all...

Report Shows Strong Growth in Higher Broadband Speeds in US by 2012

"In fact, according to Parks Associates’ North American Broadband Market Update, by 2012, close to 33 million U.S. households will have broadband services with speeds of 10 Mbps or higher, capable...

Ubicom Introduces Wireless Digital Photo Frame Reference Design

The digital photo frame market is poised for significant growth and we expect sales volume to top 44 million units globally by 2011, said Harry Wang, senior analyst at Parks Associates, a Dallas-ba...

Torsion Mobile to Launch Mobile Web Solution in New Des Moines Headquarters

Torsion Mobile, a mobile Web solutions company, announced the opening of its headquarters in downtown Des Moines' bustling technology corridor, as part of its mission to flourish in the highly prom...