Blog articles from 06/2019

Subscription-based business models cross a number of different industries with companies offering a product or service for a recurring fee. While these models offer a strong value proposition in hopes of an improved customer experience, the plethora of subscription-based offerings in the market offer the potential for subscription fatigue. However, Parks Associates research suggests consumers are not only willing to pay for a subscription – they are willing to pay for multiple services,...
 
by Dina Abdelrazik | Jun. 17, 2019
Tags: security, smart home
On June 3 at its annual Worldwide Developers Conference, Apple announced the end of one of its flagship programs. iTunes, the media management and marketplace that was once synonymous with online music for a generation, will end its 18 year run as the primary tool for Apple customers when the new MacOS launches. While the nostalgia of uploading Green Day and *NSYNC CDs to a computer (and subsequently to an iPod) probably makes many millennials long for the romantic simplicity of...
 
by Billy Nayden | Jun. 12, 2019
Tags: digital music, millennials

“What will it take for smart home to reach mass market adoption?” Recently, I explored this perennial industry question at Parks Associates CONNECTIONS 2019 conference. While we regularly discuss everything from compelling use cases to value propositions, I presented a few thoughts on drivers and barriers around the notion of “building on Early Adopter cheers and overcoming Mass Market fears.” Now, if we’re thinking in terms of Geoffrey Moore’s classic...
 
by Brad Russell | Jun. 10, 2019
Tags: Internet of Things, smart home
Whoever told you that consumers are becoming exhausted over all of their entertainment subscriptions, just push them gently back under their cold, quiet rock of wrong conclusions… at least for now. Yes, pay-TV subscription numbers are declining, even with vMVPD (online pay-TV) services working to stem that growing tide. Yes, penetration of Netflix and Amazon are reaching ludicrous levels, rivaling penetration of toasters. Also, the logic seems sound—eventually people’s...
 
by Brett Sappington | Jun. 5, 2019
Tags: online video, OTT

In January, a little over a month after the device became available, Amazon pulled the Echo wall clock from store shelves, citing connectivity issues. Similarly, in February Arlo pulled its 4K security cameras from store shelves, approximately one month after the product was released. The security cameras were pulled after a series of firmware updates failed to completely address the issues reported by early adopters, including connectivity, streaming quality, and battery life issues....
 
by Patrice Samuels | Jun. 3, 2019
Tags: smart home, tech support
Prior to Parks Associates’ 23rd-annual CONNECTIONS: The Premier Connected Home Conference, Arsham Hatambeiki, Senior Vice President, Product & Technology, Universal Electronics Inc. spoke with the firm’s analyst team to his thoughts on connected entertainment and smart home ecosystems. Arsham participated on the Connected Entertainment and Smart Home: Bridging Parallel Ecosystems panel on Thursday, May 23, at 11:15 AM. Panelists who joined him on this session included:...

Prior to Parks Associates’ 23rd-annual CONNECTIONS: The Premier Connected Home Conference , Pete Horton, Vice President, Market Development, Electrical Wiring Systems Division, spoke with the firm’s analyst team to his thoughts on interoperability in the smart home. Pete participated on the Interoperability: Technology Convergence and Expanding the Smart Home  panel on Wednesday, May 22, at 1:15 PM. Panelists who joined him on this session included: Avi Barel,...
Prior to Parks Associates’ 23rd-annual CONNECTIONS: The Premier Connected Home Conference , Sean Kane, Client Engagement Manager, Mayo Clinic Global Business Solutions spoke with the firm’s analyst team to his thoughts on independent living in the smart home. Sean participated on the Special Session: Independent Living in the Smart Home  panel on Wednesday, May 22, at 3:30 PM. Panelists who joined him on this session included: Jeff Cutler, Chief Commercial Officer,...
 
by Parks Associates | Jun. 3, 2019
Tags: none


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