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May 24, 2012


Parks Associates and Best Buy address the $500 million market for IP-connected home services at CONNECTIONS™ at TIA 2012

Executive Conference addresses opportunities for service providers, security, and retailers

Parks Associates announced today the Best Buy keynote and list of speakers for June 7, the final day of the 16th annual CONNECTIONS™, which focuses on connected home systems and solutions, including energy, security, and home monitoring services. International research firm Parks Associates estimates 2012 U.S. revenues for IP-connected home service bundles, including control, automation, and security monitoring services, will be approximately $500 million.

CONNECTIONS™: The Digital Living Conference and Showcase, hosted by Parks Associates and co-located with TIA 2012: Inside the Network, takes place June 5-7 in Dallas, Texas. June 7 features the session "Partnerships and Competition among Broadband and Security Service Providers, Utilities, and Retailers," moderated by Tom Kerber, Director, Research, Home Controls & Energy, Parks Associates, and featuring executives from Ingersoll Rand, Honeywell International, Inc., Motorola Mobility, Tendril, and iControl Networks.

Kristen Bowring, Senior Director, Platform Lead Home and Energy Management, Best Buy, will deliver the closing keynote "Security, Controls, Energy Management, Connected Appliances – Accelerating the Adoption of the Connected Home" at 10:45 a.m. Mr. Bowring will discuss factors accelerating development of the connected home and the need for consumer-centric solutions that are easy to use and create an emotional connection with customers.

“Offering service bundles expands the value proposition, and ARPU, of energy and security services, but different households value different services, opening opportunities for a variety of companies, from retailers to service providers to security companies,” said Stuart Sikes, president, Parks Associates. “At CONNECTIONS™, we have all stakeholders in a discussion of the different business opportunities, channel strengths, and partnership opportunities in deploying connected home services."

At CONNECTIONS™, Parks Associates’ leading analysts moderate all sessions. The analysts, joined by 100+ speakers, will present new consumer research and industry trends about emerging business models and opportunities in digital content, mobile applications and services, connected consumer electronics, broadband and value-added services, and home systems.

Panelists on "Partnerships and Competition among Broadband and Security Service Providers, Utilities, and Retailers"

Áine Denari, Director of Strategy, Residential Solutions, Ingersoll Rand
Lewin A.R.W. Edwards, Sr. Software Product Manager, Honeywell International, Inc.
Jerry Kurtze
, Senior Manager of Business Development and Marketing, Motorola Mobility
Dennis Kyle
, VP, Strategic and New Market Development, Tendril
Greg Roberts
, Vice President, Marketing, iControl Networks
Gene Wang
, CEO, People Power Company

CONNECTIONS™ sponsors: CEA, IBM, Hitachi, Actiontec, Affinegy, Allegro Software, Digitalsmiths, F-Secure, Jungo, PacketVideo, Quatrro, Radialpoint, Sutherland Global Services, Verizon, Waterstone Management Group, Arrayent, Irdeto, People Power, Sigma Designs, Veveo, and HomePlug Powerline Alliance.

More information can be found at www.connectionsconference.com.

About CONNECTIONS™

Parks Associates' 22nd-annual CONNECTIONS™: The Premier Connected Home Conference will take place May 22-24, 2018, at the Hyatt Regency San Francisco Airport in San Francisco. CONNECTIONS™ is the premier connected home event hosting 600 executives from the connected entertainment, IoT, and smart home industries. The event provides a day of pre-show research workshops highlighting Parks Associates’ consumer data and analysis and two days of conference sessions focused on technology adoption and trends, forecasts for new products and services, evaluation of new business strategies, and recommendations about technology innovations, strategic partnerships, monetization opportunities, and value-added services.

The event provides executive networking opportunities and insights from industry leaders on entertainment, mobile, and smart home market segments. Throughout the event, sponsors offer tabletop demos during networking events, spotlighting new technology innovations and services.

For more information, contact sales@parksassociates.com, call 972-490-1113, visit www.connectionsconference.com.