Blog articles from 05/2022

Parks Associates continues its twenty-sixth annual CONNECTIONS™ with our in-person conference in Frisco, Texas on May 17-19. Mitch Klein, Executive Director at Z-Wave Alliance will be featured on the panel, Bringing New Value: Growing Role of Smart Home Platforms, on May 18 at 8:30 AM CT which addresses how companies in this space can leverage platforms and industry standards to provide a reliable, interoperable ecosystem with a simplified user experience, delivering expanded value...

Parks Associates continues its twenty-sixth annual CONNECTIONS™ with our in-person conference in Frisco, Texas on May 17-19. Paul Williams, Chief Product Officer of Nice North America, will be the featured keynote speaker presenting on May 18 at 5 PM CT. He will be discussing the history of the smart home, and provide insights on what the future of this industry may look like. Prior to the session, Paul provided insights on industry developments and consumer insights that will have an...

Parks Associates continues its twenty-sixth annual CONNECTIONS™ with our in-person conference in Frisco, Texas on May 17-19. Joel Berntsen, Vice President of Strategy and Partnerships at Vutility, will be featured on the panel, Paradigm Shift: Smart Home and the Future of Energy , on May 18 at 10:15 AM CT, addressing how major changes in the energy landscape will shift how consumers manage their home energy in the future. Prior to the session, Joel provided insights on how...

Parks Associates continues its twenty-sixth annual CONNECTIONS™ with our in-person conference in Frisco, Texas on May 17-19. Patrick Dunn, Program Director, Center for Health Tech and Innovation at American Heart Association will be featured on the panel, Health and Wellness Solutions: Expanding the Market , on May 19 at 1:00 PM CT, addressing how major changes in the energy landscape will shift how consumers manage their home energy in the future. Prior to the session, Patrick...

AutoGrid, which specializes in AI-driven optimization for distributed energy resources (DERs), has just announced that it will be acquired by Schneider Electric. The two companies have been working together since 2015 and in 2020, they introduced an integrated solution focused on digital transformation for utilities. Once the agreement passes regulatory approval and the usual closing conditions, the deal is expected to close in Q3. Parks Associates’ research reveals that smart...

Parks Associates’  CONNECTIONS™: The Premier Connected Home Conference  series is excited to announce  Midea  as an Event Sponsor. With more than 150,000 employees and presence in over 195 countries, including in the United States, Midea’s products touch the lives of millions of people and families through air treatment, refrigeration, laundry, small and large kitchen appliances, water appliances, floor care and lighting. The Midea brand’s promise to...

Parks Associates data from Q3 2021 shows that 34 million households watch ad-based OTT services. Advertising-based video-on-demand services (AVOD) offer a library of on-demand content users can access at any time, with advertisements interwoven at periodic intervals throughout the video stream. These ad-based models are a popular choice for consumers who are reluctant to pay for yet another OTT service. While ad-based models allow services to access a broader base of consumers than...

  With over 400 OTT streaming providers available to choose from in North America, consumers today are constantly barraged with an endless amount of entertainment options. Combined with inconsistent user interfaces across platforms and limited entertainment consumption time available, today’s video viewers are increasingly looking for a more simple experience. A Parks Associates study of  Home Service Bundles: OTT as a Value-Added Service , reveals that 59% of OTT...