Providing market intelligence for more than 35 years

Industry Press Releases

Z-Wave Alliance to Present the Impact of Interoperability at Smart Energy Summit, February 25-27

The Z-Wave Alliance, a consortium of global companies that oversees the world's largest interoperable ecosystem for wireless home control products and services -- announced today that William Scheffler, Director of Sales, Sigma Designs and Z-Wave Alliance board member, will be participating as a speaker at Parks Associates' Smart Energy Summit: Engaging the Consumer, February 25-27 in San Antonio, Texas in the session "Device Interoperability: A Progress Report" on February 27 at 2:00 PM at the Sheraton Gunter Hotel.

The Smart Energy Summit examines the expanding market for energy solutions and home controls and its impact on utilities, service providers, retailers, manufacturers, and consumers. Parks Associates research shows the energy management market, especially through connected solutions, is drawing renewed interest from younger consumers, with 90% of U.S. consumers 18-34 willing to pay for a smart thermostat or smart water-tank controls to save 20% on their energy costs.

"Interoperability has always been at the core of Z-Wave technology with over 700 certified interoperable home control products now available," says Bill Scheffler, board member for the Z-Wave Alliance. "More and more service providers and utilities are turning to Z-Wave because of its large ecosystem of interoperable products from industry leading manufacturers and the choices and solutions they provide."

"Parks Associates research shows a growing number of U.S. households have energy management capabilities," said Stuart Sikes, president, Parks Associates. "We look forward to addressing these opportunities at this year's conference and analyzing new market developments, including steps to integrate energy solutions with home controls and security as part of a comprehensive connected home strategy and identifying new business models for in the security, cable, telecom, utility, retail, or HVAC channels."

Smart Energy Summit hosts more than 200 executives representing utilities, telecom and security companies, retailers, and OEMs presenting on the state of the market and the emerging consumer and business opportunities.

From the press release, "Z-Wave Alliance to Present the Impact of Interoperability at Smart Energy Summit, February 25-27."

Previously In The News

M2M: The Next Billion Mobile Connections - Essential Analysis of the Growing Wireless M2M Industry

In this report, Parks Associates analysts examine the growing wireless M2M industry and highlight opportunities in this space for mobile service providers in the U.S. and globally. The report i...

App Development and Distribution Models 2013

Connected device ownership is going mainstream, providing a solid foundation for app development and spurring rapid growth of app economies, said Heather Way, senior research analyst, Parks Associa...

AT&T Extends Its Digital Life Market

Another cable operator, Time Warner Cable is also targeting the home security market with its attractive rate plans. According to Parks Associates, the home security market is expected to grow arou...

Soul and Vibe to Build Micro-Transactions Into Its Console, Mobile, and PC Games

Soul and Vibe Interactive Inc., "The Company," a video and computer games company, announced today it plans to build micro-transactions into its games across multiple platforms including its consol...