Providing market intelligence for more than 35 years

Industry Press Releases

Greenwave Systems Announces AXON Predict

Greenwave’s AXON Platform extends analytics and machine learning down to the chip level and at all points in between. With the addition of AXON Predict to its product family, the company is now extending computational power and real intelligence industrial, commercial and consumer market segments within the Internet of Things (IoT). Together, the company’s real-time visual edge analytics software and sophisticated data management platform will enable enterprises and OEMs to manage critical data at the edge of a network in real time, which is far more effective than waiting for it to be uploaded and processed in the cloud.

Parks Associates reports that 26% of US households own a smart home device and each one of these devices is capable of streaming mountains of data. “While everyone agrees that this data has tremendous value, few have figured out how to unlock that value,” said Tom Kerber, Director, IoT Strategy, Parks Associates. “As a result, data analytics platforms are rapidly becoming an essential component of an IoT solution portfolio.”

From the press release "Greenwave Systems Announces AXON Predict."

Previously In The News

CEDIA Research Finds Home Technology Professionals Expect Growth in 2016

Each year CEDIA conducts its Size and Scope of the Residential Electronic Systems Industry Survey to analyze the size of the industry and identify market trends. In 2016, the average system integrator...

National Sleep Foundation Hosts 2nd Annual Sleep Technology Summit & Expo to Support Innovations in Sleep

The Sleep Technology Summit & Expo will be chaired by Michael Breus, PhD, author of The Power of When , (in stores September 13). Keynote speaker Harry Wang, Senior Director of Research at Parks Assoc...

Life365 Takes To The Road In Preparation For Fall 2016 Product Launch

The interactive panel session, moderated by Harry Wang, Senior Director of Research, Parks Associates examines the connected health market and its flood of new ideas, innovations, and entrants. Accord...

PlumChoice Appoints David Shimoni as President and Chief Executive Officer

“Parks Associates forecasts that the consumer and SMB technical support services market will grow to nearly $15 billion by 2018. That growth signifies the need for support services before, during and...