Providing market intelligence for more than 35 years

In The News

Why The Internet Of Things Might Never Speak A Common Language

For device makers, the sheer number of languages on offer poses a dilemma: Which ones do you support when building a new product?

"You may not have the resources to do everything, and you may not have the capacity, the bandwidth, the processing power to do everything in an individual product, so you have to make selections," says Tom Kerber, an analyst with Parks Associates. "Limiting those choices to the critical few is important."

From the article "Why The Internet Of Things Might Never Speak A Common Language" by Jared Newman.

Previously In The News

The Smart Lock’s Role in PropTech

According to a 2022 study by Parks Associates, 43% of multi-dwelling units are home to at least one smart home device. “The most significant benefit of installing smart home devices in MDUs is ren...

AI-Powered Presence Detection

According to Parks Associates data, 62% of security system owners reported that their systems triggered “too many” false alarms in the last 12 months. To retain customers, security companies must prio...

Cross-platform Content Navigation Emerges as Key to Consumer Engagement

As a result, according to a recent Parks Associates study, over a third (36%) of OTT subscribers have become “service hoppers” — dynamically subscribing, unsubscribing and resubscribing to services mu...

What are Homeowners Gravitating Toward? A Necessary Glance at MDUs' Needs for Modernized Support

Last week, we ran a story about a recent Parks Associates study concerning the rising interests in smart video doorbell installations. Now, Parks Associates has released a new white paper – sponsor...