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Smart Home Devices: Security Spurs Subscription Growth

Daniel Holcomb from Parks Associates puts it straight: security is the bedrock for subscription cash flow. But hold on, AI's here to push further. It's about solving real issues like fortifying homes, cutting costs, and handling tech without a manual the size of a dictionary.

"Dedicated hubs serve smart home power users seeking sophisticated cross-device automation," quotes Holcomb. But for the average Joe, they're more about cheering Alexa on from the sidelines.

Parks Associates is mapping out future conversations with their events lined up: the CONNECTIONS™ Summit at CES in January and another conference in May. The industry will swap ideas and no doubt angle towards new opportunities in this zany puzzle we call the smart home market.

From the article, "Smart Home Devices: Security Spurs Subscription Growth" by Dominic Sanders

Previously In The News

Interoperability: A Big Word For a Simple Concept

It’s been bandied about for 30 years — just about as long as I’ve been in this industry — but it’s still a hot topic and I have yet to see a solid solution. Interoperability is a key issue that keeps...

Price hikes for cord-cutters. What gives?

Price increases come in bunches, said Brett Sappington, a pay TV expert who follows traditional and Internet providers for the research outfit Parks Associates. “The fact that they're all doing pri...

What dealers need to know to keep their customers cyber-secure.

Advising customers about options such as these could be an important task for security dealers, considering that a recent Parks Associate survey conducted for Qolsys found that 64 percent of professio...

Is it ‘Smart’ Home or ‘Connected’ Home?

According to the research firm Parks Associates, nearly 40 percent of security dealers that offer interactive services today report that half or more of their sales now include at least one smart home...

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