31% of US broadband households own or plan to buy a smart appliance

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February 13, 2020


Parks Associates: 31% of US broadband households own or plan to buy a smart appliance | #TpromoCom #ParksAssociates #WiFi #Event | Racepoint Energy, Reliant, Resideo, and Sense examine new service bundling as part of the smart energy ecosystem at the 11th annual Smart Energy Summit 

New research from Parks Associates finds 31% of US broadband households own or plan to buy a smart appliance, with the products’ ability to offer energy-efficiency tips a key motivator in many purchases. The international research firm will host the eleventh annual Smart Energy Summit: Engaging the Consumer, February 17-19, 2020, at the Omni Austin Downtown in Austin, Texas, featuring sessions on new opportunities for utilities and energy providers to complement their energy services and more deeply engage their customers.

“Utilities can build revenues and consumer engagement strategies around new services in HVAC, home warranties, security, and insurance,” said Denise Ernst, Vice President, Parks Associates. “We look forward to discussing these new opportunities at Smart Energy Summit.”

Parks Associates - Smart Appliances consumer research

At Smart Energy Summit, more than 300 industry leaders from utilities, service providers, manufacturers, and technology companies will participate in panel discussions that address the current challenges, new services, and incremental shifts utilities are making to leverage connectivity in the home to save energy on the grid.

Speakers for the session “Optimize Smart Home Bundle Offerings: Capturing the Consumer”:

Stacey Butler, Director, Security by Reliant, Reliant Home Services, and NRG Go, Reliant

Anna Demeo, President, Racepoint Energy

Scott Harkins, Vice President, General Manager of Connected Home, Resideo

Mike Phillips, CEO, Sense

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“Resideo offers necessary solutions for the four critical networks of the home — air, water, energy, and security — that today are largely unmonitored or protected,” said Scott Harkins, VP, Connected Home, Resideo. “Research shows that indoor air quality can be two to five times worse than outdoor air quality, 93% of water damage claims could be avoided by using a leak detection device with remote shut-off, and a furnace or air conditioning system can alert you if preventative maintenance is needed instead of completely failing during a heat wave or Polar Vortex. HVAC contractors and security dealers are in the best position to strengthen their relationship with homeowners while adding revenue for their businesses and supporting the critical networks of the home. The application of machine learning and analytics opens new opportunities to create new services-based revenue models.”

“Smart home technology makes life more convenient in a variety of ways, from lifestyle and entertainment to home security,” said Mike Phillips, CEO, Sense. “The challenge for service providers is how to bundle popular smart home services with energy services so that consumers have an easy, integrated experience. The next generation of smart home technology uses energy insights to make homes more efficient, safer, and more reliable while engaging consumers. Home energy monitoring can provide performance data to inform HVAC system maintenance, identify unsafe and unreliable appliances for home warranty services, and detect abnormalities inside the home that security systems may overlook.”

Event sponsors include FLO, Rapid Response Monitoring, AutoGrid, Bidgely, Copper Labs, Everise, Johnson Controls, Zen Ecosystems, Alarm.com, Sprosty Network, Austin Energy, Grid4C, and Inspire.

Parks Associates will also host a pre-show research workshop, “Trends and Opportunities in Residential Energy Management,”on February 17, featuring detailed findings from the firm’s consumer and industry studies on the smart home, IoT, and energy management markets.

To schedule an interview with an analyst or to request data, please contact Elizabeth Parks at eparks@parksassociates.com, 972-490-1113.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer examines the changing role of utilities and energy providers in the IoT era and offers research and insights on new opportunities to empower consumers with smart solutions to manage and save energy in the home. The conference addresses key questions for energy providers around leadership and alignment of goals between residential energy management solutions and the grid and presents strategies to expand business and revenue goals by incorporating smart products into energy programs.

Smart Energy Summit focuses on identifying opportunities across converging ecosystems to create new value in energy solutions through partnerships that leverage connected devices, energy management, utility services, and home control platforms and services. Research analysts, thought leaders, and industry executives present and discuss business strategies, case studies, partnership opportunities, and consumer research that utilities, service providers, retailers, and manufacturers can use to expand and monetize their energy offerings.

The eleventh annual Smart Energy Summit will take place February 17-19, 2020, at the Omni Austin Hotel Downtown in Austin, Texas. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy20. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.ses2020.com.

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Parks Associates: Adoption of smart appliances jumps to 11% of US broadband households

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January 14, 2020


Parks Associates: Adoption of smart appliances jumps to 11% of US broadband households | #TpromoCom #SmartHome #IoT #Event |  Austin Energy, Bidgely, Johnson Controls, and Parks Associates to keynote 11th annual Smart Energy Summit, featuring consumer trends and new opportunities for utilities and energy providers.

International research firmParks Associates will host the eleventh annual Smart Energy Summit: Engaging the Consumer, February 17-19, 2020, at the Omni Austin Downtown in Austin, Texas, featuring keynotes from Austin Energy, Bidgely, and Johnson Controls. The firm’s Research Director Brad Russell will deliver a research-focused keynote exploring adoption of smart home technologies, new partnerships, and the impact on the energy markets.

At Smart Energy Summit, more than 300 industry leaders from utilities, service providers, manufacturers, and technology companies will participate in panel discussions about the impact of direct consumer participation in energy management and strategies to increase consumer engagement. Event sponsors include FLO, Rapid Response Monitoring, AutoGrid, Bidgely, Copper Labs, Everise, Alarm.com, Sprosty Network, Austin Energy, and Inspire.

Smart Energy Summit keynotes:

Rob Davis, General Manager, Intrusion, Johnson Controls

Abhay Gupta, Founder & CEO, Bidgely

Debbie Kimberly, VP, Customer Energy Solutions & Corporate Communications, Austin Energy

Brad Russell, Research Director, Connected Home, Parks Associates

Parks Associates research finds 11% of US broadband households now own one or more smart major appliances (smart refrigerator, oven, dishwasher, clothes washer, microwave, clothes dryer, standalone A/C unit, or water heater), up from 3% in 2014. Parks Associates also estimates that by 2023, annual US sales of smart plugs will reach 5.7 million, with annual sales revenue of $188 million.

“The smart appliance market has been slow to take off, but it is gaining momentum, thanks to manufacturers such as LG, Maytag, and GE adding advanced capabilities with recognizable value propositions in saving energy, increasing convenience, and enhancing safety,” said Elizabeth Parks, President, Parks Associates. “Smart light bulbs and smart light switches also experienced strong growth in mid-2019. The increased adoption of all these connected products creates new opportunities for utilities and energy providers to expand through partnerships and innovative programs.”

Parks Associates - Smart Appliance consumer research

Parks Associates will also host a pre-show research workshop, “Trends and Opportunities in Residential Energy Management,” on February 17, featuring detailed findings from the firm’s consumer and industry studies on the smart home, IoT, and energy management markets. Recent data from Parks Associates:

  • 29% of US broadband households plan to purchase a smart thermostat in 2020.
  • Consumers bought roughly 5.8 million smart thermostats in 2018, generating $843 million in revenues.
  • Among households planning to buy a smart thermostat that also own a smart speaker, more than 70% consider it important that the smart thermostat they buy is compatible with their smart speaker.

To schedule an interview with an analyst or to request data, please contact Elizabeth Parks at eparks@parksassociates.com, 972-490-1113.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer examines the changing role of utilities and energy providers in the IoT era and offers research and insights on new opportunities to empower consumers with smart solutions to manage and save energy in the home. The conference addresses key questions for energy providers around leadership and alignment of goals between residential energy management solutions and the grid and presents strategies to expand business and revenue goals by incorporating smart products into energy programs.

Smart Energy Summit focuses on identifying opportunities across converging ecosystems to create new value in energy solutions through partnerships that leverage connected devices, energy management, utility services, and home control platforms and services. Research analysts, thought leaders, and industry executives present and discuss business strategies, case studies, partnership opportunities, and consumer research that utilities, service providers, retailers, and manufacturers can use to expand and monetize their energy offerings.

The eleventh annual Smart Energy Summit will take place February 17-19, 2020, at the Omni Austin Hotel Downtown in Austin, Texas. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy20. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.ses2020.com.

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Parks Associates’ 24th annual CONNECTIONS™ focuses on channel distribution, privacy and security, interoperability, and integration across consumer tech ecosystems

 

CONNECTIONS

Parks Associates’ 24th annual CONNECTIONS™ focuses on channel distribution, privacy and security, interoperability, and integration across consumer tech ecosystems

17% of US broadband households purchased at least one smart home device in the past 12 months

October 31, 2019

Parks Associates today announced the topics for the 24th annual CONNECTIONS™: The Premier Connected Home Conference, to be held May 19-21, 2020, at the Hyatt Regency San Francisco. The international research firm will focus on emerging business models and developments for consumer technology, including the impact of technologies like AI, machine learning, and 5G on consumer products and services; the integration of new products and services from different ecosystems in the home; and the expansion of channels distributing smart home, security, energy management, healthcare, connected CE, and home services.

Early sponsors for CONNECTIONS™ include Alarm.com, Rapid Response Monitoring, ServiceLive, Cirrent, MMB Networks, Trusource Labs, Inspire, Aprilaire, and Sprosty Network.

Parks Associates research finds 17% of US broadband households purchased at least one smart home device (not including smart speakers/smart display) in the past 12 months. By comparison, 31% report high intentions to purchase a smart home device in the next 12 months, a level which has stayed consistent over the past six months.

“We have seen smart home growth flatten the past year or so and look forward to hearing from industry leaders on the next stages of consumer engagement strategies,” said Elizabeth Parks, President, Parks Associates. “Consumers who own smart home products continue to buy more, but growth appears to have stalled out, and while intentions are high, purchases are lagging. We look forward to hearing from industry leaders on the next stage of growth for consumer products and services at CONNECTIONS™.”  

2020 Event Topics:

Consumer Engagement Strategies

    • Extending Peace of Mind: Security Adjacencies

    • The User Experience: Integration and Controls

    • DIY: Impact on Smart Home and Security

    • Clean Energy Trends: Electric Vehicles, Batteries, and Solar

    • Support: Onboarding and Ongoing Services

    • Growing Up Smart Home: Engaging Different Generations

    • New Channel Strategies to Capture Consumer Engagement

Channel Expansion

    • Independent Living: Serving Seniors, Aging Boomers, and Chronically Ill

    • Monitoring: Expanding Beyond Security

    • Health and Wellness: Wearables and Market Growth

    • Point Solutions vs Whole-Home Systems

    • Energy Management: Driving the Smart Home

    • Smart Home Solutions: Channel Expansion

      Partnerships and Business Models

 

  • Business Models: Service-Driven Consumer Market

  • Service Providers: Value-added Services

  • Personalization and the Connected Home: Partnership Strategies

  • The User Experience: Integration, Interoperability, and Controls

    Technology and Innovations

  • AI and the Smart Home: Proactive and Predictive Intelligence

  • 5G, AI, and the Connected Home: Looking Forward

  • Home Network and Wi-Fi: Connectivity Driving the Experience

  • Converging Ecosystems: Entertainment and Smart Home

  • Privacy and Security: Protecting the Consumer

  • Connected Car: Extending the Smart Home

  • Investing in the Future: Tech Driving Innovation

 

CONNECTIONS™ will host more than 650 high-level executives in an intimate networking environment and includes a mix of market research, analysis, and industry insight designed to capture the complexity and opportunities in these interconnected markets.

Parks Associates is accepting speaker submissions for 2020 at http://www.parksassociates.com/cus-speak.  For more information, visit www.connectionsus.com. To schedule an interview with an analyst, contact Sherrelle Lewis at sherrelle.lewis@parksassociates.com, 972-996-0214.

ABOUT CONNECTIONS

Parks Associates’ 24th annual CONNECTIONS™: The Premier Connected Home Conference will take place May 19-21, 2020, at the Hyatt Regency San Francisco Airport in San Francisco.

CONNECTIONS™ hosts more than 650 executives from the connected entertainment, security, smart home, health, and energy industries. CONNECTIONS™ provides networking opportunities combined with visionary keynotes and conference sessions focused on technology innovations, consumer research on adoption and trends, product and service forecasts, and evaluation of new business strategies, partnerships, monetization opportunities, and value-added service design. The event also features a research workshop with a deep dive into Parks Associates’ consumer data and trends in the smart home markets.

Throughout the event, sponsors offer tabletop demos during networking events, spotlighting new technology innovations and services for the entertainment, mobile, and smart home market segments. For more information, contact sales@parksassociates.com, call 972-490-1113, visit www.connectionsconference.com.

 

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Mercury Systems to Present at the Baird 2019 Global Industrial Conference

Mercury Systems (image)Mercury Systems to Present at the Baird 2019 Global Industrial Conference | #TpromoCom #Conference #Event #Security | ANDOVER, Mass., Oct. 22, 2019 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) announced that it will participate in the Baird 2019 Global Industrial Conference to be held Nov. 5-7, 2019, at the Four Seasons Hotel in Chicago. Management will present an overview of the Company’s business on Tuesday, Nov. 5, at 11 a.m. CST.

The presentation will be webcast live and may be accessed from the investor section of Mercury’s website at http://ir.mrcy.com/events.cfm. A replay of the webcast will be available for 90 days.

Mercury Systems – Innovation That Matters®

Mercury Systems is a leading commercial provider of secure sensor and safety-critical processing subsystems. Optimized for customer and mission success, Mercury’s solutions power a wide variety of critical defense and intelligence programs. Headquartered in Andover, Mass., Mercury is pioneering a next-generation defense electronics business model specifically designed to meet the industry’s current and emerging technology needs. To learn more, visit www.mrcy.com and follow us on Twitter.

Contact:
Michael Ruppert, CFO
Mercury Systems, Inc.
978-967-1990

Mercury Systems and Innovation That Matters are registered trademarks of Mercury Systems, Inc.

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Oportun to report third quarter 2019 results on Tuesday, November 12, 2019

Oportun Logo (image)Oportun to report third quarter 2019 results on Tuesday, November 12, 2019 | #TpromoCom #oportun #Financial #Business | SAN CARLOS, Calif., Oct. 22, 2019 (GLOBE NEWSWIRE) — Oportun Financial Corporation (“Oportun” or the “Company”) (NASDAQ: OPRT) will release financial results for the third quarter of 2019 on Tuesday, November 12, 2019, after market close. Oportun will host a conference call and earnings webcast to discuss results at 2:00 p.m. PT / 5:00 p.m. ET on that day.

The dial-in number for the conference call is 877-407-9208 (toll-free) or 201-493-6784 (international). Participants should call in 10 minutes prior to the scheduled start time. A live webcast of the call will be accessible from Oportun’s investor relations website at investor.oportun.com. At the end of the call, a replay will be available through Tuesday, November 26, 2019, by phone at 844-512-2921 (toll-free) or 412-317-6671 (international), passcode 13695846, and a webcast replay will be available at investor.oportun.com for one year.

About Oportun
Oportun (NASDAQ: OPRT) is a high-growth, mission-driven Community Development Financial Institution (CDFI) and provider of inclusive, affordable financial services powered by a deep, data-driven understanding of its customers and advanced proprietary technology. By lending money to hardworking, low-to-moderate-income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities. Oportun serves customers online, over the phone, or in person in English and Spanish in the following 12 states: Arizona, California, Florida, Idaho, Illinois, Missouri, Nevada, New Jersey, New Mexico, Texas, Utah, and Wisconsin.

For more information, please visit https://oportun.com.

INVESTOR RELATIONS CONTACT
Nils Erdmann
VP, Investor Relations
ir@oportun.com

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Be safe online during National Cyber Security Awareness Month

National #CyberSecurity Awareness Month | #ESC_LLC #CyberCrime | During October, the Division of Financial Institution will be sharing cybersecurity information and resources to help individuals and organizations protect their money and recognize risks.

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he Ohio Department of Commerce and National Cyber Security Alliance are urging Ohioans to be safer online during National Cyber Security Awareness Month.

The 2019 theme, “OWN IT. SECURE IT. PROTECT IT.” is to emphasize online safety and the importance of cybersecurity practices at home, on the go and in the workplace.

To read this informative news article, click here.

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ASIS International Honors 2019 Security Leadership and Service

ASIS (image)ASIS International Honors 2019 Security Leadership and Service | #TpromoCom #ASIS #GSX #Leadership #Award | ASIS International, the world’s largest association for security management professionals, is pleased to announce the 2019 recipients of several leadership and service awards across its membership, chapters, councils, CSO Center and Foundation.

Award winners are being honored throughout the week in Chicago during Global Security Exchange (GSX)—the industry’s flagship event uniting cyber, operational, and physical security professionals from across the private and public sectors, allied organizations and partners, and the industry’s leading solution providers for world-class education, networking and business-building opportunities.

“It is with great joy that we celebrate the accomplishments of global security leaders and ASIS chapters for their excellence and achievement,” said Christina Duffey, CPP, 2019 ASIS President. “Each and every day, these honorees go above and beyond the call of duty to make our communities a safer place.”

2019 ASIS award recipients include: click here.

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Be part of GSX 2019, even if you can’t be there in person!

Be part of GSX 2019, even if you can’t be there in person! | #TpromoCom #GSX19 #Registration #Event | We know that scheduling conflicts and budgets can make it difficult to attend off-site conferences, but that shouldn’t mean that you miss out on the valuable education and inspiring keynotes available at Global Security Exchange (GSX) 2019.

With Global Access LIVE! you can participate in sessions and keynotes focusing on risk, threat, vulnerability, terrorism, Enterprise Security Risk Management, and more. This is an invaluable opportunity to earn up to 15 CPE credits from the comfort of your home or office—or, gather your entire team to listen and learn together.

To read the remainder of this news article, click here.

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