Strategies for Security and Smart Home

Strategies for Security and Smart Home | #TpromoCom #SmartHome #HomeAutomation | CONNECTIONS Europe: Strategies for Security and Smart Home, 19-20 November in Amsterdam, focuses on advancements and growth in smart home, security, connected health, and energy management solutions for Europe and around the world.

Smart Home Channels:
Moving to Mass Market

Evolution of Retailers and Smart Home Merchandising
Insurance and Smart Home Products
DIY & Expanding Home Security Use Cases
Role of Service Providers in the EU Smart Home
Business Models, Consumer Engagement, Value-Added Services
Standalone Devices v. Whole Home Systems
Business Model Innovations
Connected Entertainment and Smart Home: Bridging Parallel Ecosystems
Smart Healthcare for Connected Consumers
Energy Management Solutions

Smart Home and IoT:
Present and Future Innovations

Smart Home Platforms: Building Service Revenues
Data Security and Privacy: Empowering Consumers
Interoperability: Technology Convergence and Expanding the Smart Home
Converging Technology: Blockchain, AI, and Machine Learning
Support and Installation: Making the Smart Home Work
Voice and UI Innovations
Ensuring a Premium Home Network and Wi-Fi Experience

To review the event information, click here.

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Sales of connected consumer devices to exceed 520 million units by 2022

Sales of connected consumer devices to exceed 520 million units by 2022 | #TpromoCom #IoT #HomeAutomation #SmartHome | New whitepaper sponsored by Calix details opportunities for service providers to build revenues and brand value in the smart home ecosystem.

PRESS RELEASE
May 21, 2019

New whitepaper sponsored by Calix details opportunities for service providers to build revenues and brand value in the smart home ecosystem

Parks Associates today released the new whitepaper Open for Business: Future Flexibility for Smart Home Services, which forecasts sales of connected consumer devices will exceed 520 million units by 2022, including networked cameras, security systems, and connected health devices. The whitepaper, sponsored by Calix, presents the opportunities emerging from this wealth of residential devices and details strategies for service providers to operate in the smart home market in ways that leverage their strengths while avoiding the pitfalls of past efforts.

“A future-flexible platform is a critical component for success in the IoT because smart strategies represent a long-term investment,” said Brad Russell, Research Director, Connected Home, Parks Associates. “While service providers are in an excellent position to deploy, maintain, and service the smart home, they generally do not want to develop and maintain their own proprietary solution to do so. But the market has matured where vendors are offering new turnkey solutions, and the right long-term partnership enables providers to serve the varied present and future use cases.”

“Service providers need to re-position themselves for growth and gain a foothold in the smart home. The innovators are starting with tools that provide visibility into the home and supporting systems so they can deliver best-in-class whole-home Wi-Fi coverage,” said Michael Weening, EVP of field operations for Calix. “Once the foundational brands and systems are in place-such as those rapidly coming to market from tech giants-it will become increasingly difficult for new entrants to gain any traction. The opportunity is now.”

The whitepaper details consumer interest and willingness to pay for connected home services. Additional research from Open for Business: Future Flexibility for Smart Home Services:

• More than half of professionally monitored subscribers have at least basic interactivity with their security system.

• At the end of 2018, 24% of US broadband households subscribed to professional monitoring.

• 10% of US broadband households own at least one networked camera.

• The majority of consumers 50+ years old are willing to pay $30 per month for an independent living system that has their must-have features, such as fire detection, panic buttons, automatic alerts sent to loved ones, and home security devices to deter intruders.

To download this whitepaper, visit https://parksassociates.com/whitepapers/openforbusiness-wp2019. To schedule an interview with an analyst, contact Sherrelle Lewis at sherrelle.lewis@parksassociates.com, 972-996-0214

About Parks Associates

Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company’s expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Smart Energy Summit: Engaging the Consumer, Connected Health Summit: Engaging Consumers and Future of Video: OTT, Pay TV, and Digital Media.

http://www.parksassociates.com
http://www.connectionsconference.com
http://www.connectionseurope.com
http://www.connectionsindustryinsights.com

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Home Technology Company SnapAV to Merge With Control4

#Home #Technology Company SnapAV to Merge With Control4 | #TpromoCom #HomeAutomation | SnapAV will acquire Control4 in an all-cash transaction for $23.91 per share in cash, representing an aggregate value of approximately $680 million.

SnapAV, a leading manufacturer and primary source of A/V, surveillance, networking and remote management products for integrators, and Control4 Corp. (NASDAQ: CTRL), a leading global provider of smart home solutions, today announced that they have entered into a definitive merger agreement whereby SnapAV will acquire Control4 in an all-cash transaction for $23.91 per share in cash, representing an aggregate value of approximately $680 million.

This highly complementary combination will leverage the increased resources of the two companies to provide integrators with a true one -stop shop, offering a complete product portfolio of custom smart-home, control and automation solutions, according to the joint announcement from the Charlotte, N.C., and Salt Lake City-based companies.

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

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Parks Associates welcomes Sarah Jones, VP of Commercial Product, Great Call, to Connected Health Summit

Parks Associates welcomes Sarah Jones, VP of Commercial Product, Great Call, to Connected Health Summit | #TpromoCom #Event #Home #Monitor | Jones will deliver the keynote address at the sixth-annual Connected Health Summit: Independent Living and Wellness.

64% of consumer 50 and older are interested in home monitoring system that can sense emergencies and notify caretakers

Parks Associates today announced Sarah Jones, VP of Commercial Product, Great Call, as the first confirmed keynote speaker for the sixth-annual Connected Health Summit: Independent Living and Wellness, August 27-29 at the Pendry San Diego in San Diego, California. The firm’s independent living research finds 64% of heads of US broadband households 50 and older are interested in a home system that can sense emergencies and send out notifications.

Connected Health Summit will explore new strategies and innovations that will expand and improve independent living solutions for consumers and caretakers, including innovative monitoring and smart home solutions, and examine consumer adoption and usage of connected health technologies and key adjacencies between smart home, healthcare, and independent living ecosystems. Early Sponsors include HP, MDLIVE, Alarm.com, Freeus, Rapid Response Monitoring, and GiftCard Partners.

“The push to engage consumers outside of the facility, combined with advances in consumer technology, have created several distinct markets for connected health products and services,” said Elizabeth Parks, President, Parks Associates. “We expect to see the lines between these markets blur as care providers experiment with consumer devices as part of their remote patient monitoring programs and as consumer solutions integrate virtual care services into their offerings. Technology companies are now realizing the incredible opportunity to serve the growing market of seniors with devices and services that fit their unique needs and desires.”

Parks Associates research shows more than one-third of people in US broadband households are current caregivers or will be in the near future, and they rank emergency alerts as the most valuable home living feature.

“Many smart home solutions are well positioned to deliver on these key independent living use cases while also providing a valuable user experience to caretakers,” Parks said. “Great Call, recently acquired by Best Buy, is a leader in delivering independent living solutions, and we look forward to sharing insight with attendees on key adjacencies between the smart home and connected health.”

Topics:

  • Employee Wellness Programs and Consumer Engagement
  • AI in Health: Creating Personalized Insights
  • Choice in Care: Telehealth, Kiosks, and Retail Clinics
  • The Impact of MACRA and Telehealth Reimbursement for Connected Health
  • Enabling Independence: Addressing Seniors’ Health and Social Needs
  • Expanding Reach: Making Remote Patient Monitoring Work
  • The Role of Technology: Serving Social and Medical Needs
  • Innovation and Partnerships
  • IoT Integration: Effective Connected Health Partnerships
  • Senior Tech Channels: Home Service Providers, Builders, and In-home Care Agencies
  • Wearables: Crossing the Line from Consumer to Health Tech
  • Consumer Technology in Healthcare: Preparing for the Tech Giants
  • Innovation at Transformative Life Stages

Connected Health Summit provides industry players with in-depth analysis on the growth of the connected health device and solutions markets, with insights and implications for consumers, health providers, and payors. The event is focused on the emerging opportunities-and specifically on new consumer engagement strategies-for multiple industries.

Parks Associates is accepting submissions to speak at Connected Health Summit at www.parksassociates.com/chs-speak.

Registration is open, and media are invited to attend. To schedule an interview with an analyst or to request specific data,contact Sherrelle Lewis, sherrelle.lewis@parksassociates.com, 972-996-0214.

About Connected Health Summit
Parks Associates’ sixth-annual Connected Health Summit: Independent Living and Wellness is an executive conference focused on the impact of connected devices and IoT healthcare solutions on consumers at home.

Connected Health Summit provides insights on new business models, IoT technologies, consumer behaviors, and deployments relevant to consumer healthcare solutions. The conference addresses opportunities for new solutions, including smart home platforms, on-demand services, voice assistants, and wearables, to empower consumers, caregivers, and providers with new insight into patient health and to meet the growing demand for services in independent living, chronic care management, remote access to care, and wellness and fitness.

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New professionally monitored subscribers spend $5 more per month on their services than average security households

New professionally monitored subscribers spend $5 more per month on their services than average security households | #TpromoCom #AlarmSystem #Monitoring #Security | Security research from Parks Associates finds consumers who bought their home security system in the past 12 months spend $55 per month on average for their monitoring services, $5 more than the average cost among all security households. 360 View: Residential Security attributes the increase in RMR (recurring monthly revenue) among new subscribers to an increasing adoption rate of home controls and interactive services.

Dina Abdelrazik, Senior Analyst, Parks Associates, will present Parks Associates’ new security research during the “Security in the Connected Home” session at ISC West on April 11 at 11:00 a.m.

“More than 60% of households with a security system, which equal 16% of all US broadband households, have an interactive home security system,” said Dina Abdelrazik, Senior Analyst, Parks Associates. “For new security subscribers, the adoption of interactive services is 80-95%, so new customers are driving interactive services to reach maturity.”

Read the remainder of this informative report: click here.

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ADT pairs with Scott Brothers to roll out new smart home security system

ADT pairs with Scott Brothers to roll out new smart home security system | #TpromoCom #SmartHome #SmartAutomation #Security | ADT Security is finally rolling out its new smart home system, connecting to multiple IoT devices to extend the way someone secures their space. The company is partnering with Scott Brothers, ADT customers themselves, who believe that home security should be paired with professional know-how in the home.

Announced at CES 2019, the new ADT Command Panel & Control Platform lets home owners direct the system through a mobile app, as well as a touchscreen panel in the house.

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

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This smart light switch does it all — voice assistant, motion sensor, night light, intercom

This smart light switch does it all — voice assistant, motion sensor, night light, intercom | #TpromoCom #Electrical #SmartHome #HomeAutomation | I recently replaced most of the light switches in my home with TP-Link Kasa Smart Wi-Fi Switches because it’s pretty damn cool to ask Alexa to turn off the lights, and that happened to be a cheap and reliable way to do it.

But TP-Link just announced a new switch that does so much more. It’s got a built-in voice assistant with its own microphones and speaker. (Weirdly, TP-Link couldn’t say which assistant is built in, though the company implied it’d be Amazon Alexa or Google Assistant.) It’s got a motion sensor to turn on and off the lights without me even asking. There’s even a built-in nightlight, and, of course, it plays music.

To read the remainder of this article, click here.

Home Automation Creates a Safer, More Secure Home

There are those who believe that smart home devices are a luxury that they can afford to not have where there are others who wouldn’t be without them. Having lived with home automation, through the use of a special Home Automation Inc. home control system, I can attest to the need.

Not only does it assure that you have lights on when and where needed, but this type of system allows you the luxury of energy management through the control of not only lighting, but of heating and cooling systems. And where there are motorized draperies, the system can be programmed to shut the drapes as the sun travels across the southern exposure during the summer to reduce unneeded heating or open them in the winter to assist with heating.

The only cautionary issue that we now face, whereas in 1991 we didn’t, is that of cyber security issues, due to the fact that today’s smart home devices are essentially IoT connected, either through WiFi or another wireless tech, such as Zigbee.

Ellen Rigney was in bed with her husband Sunday night in their Houston home when she heard a noise coming from the Nest camera connected to her 4-month-old son Topper’s room. First, she thought it was a carbon monoxide alert, but then “we heard sexual expletives being said in his room,” she told NBC affiliate KPRC.

A very good example of this was recently seen by way of a wireless (IoT) video camera baby monitor. Here’s the social media posting I made on behalf of my client Electronic Systems Consultants LLC (ESC) of Columbus, Ohio:

Nest camera hacker threatens to kidnap baby, spooks parents | #ESC_LLC #VideoSurveillance #Baby #Security | “I’m in your baby’s room,” the hacker said. But the baby was alone and safe. http://ow.ly/fjyI30n2TyW

There are trolls out there trolling the Internet and they’re looking for any and all open ports where they can investigate the real possibility of doing harm to anyone at any time. Although all these gadgets are handy and helpful in so many ways, it comes at a price, and vigilance in an assortment of ways is one of the costs. One inconvenience that I can think of is that of the new WiFi unit you got at Christmas. Did you take the time to change the default encryption key?

Author: Al Colombo

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