Microchip Joins Responsible Business Alliance (RBA) – the Global Industry Coalition Dedicated to Corporate Social Responsibility

Microchip logo (image)Microchip Joins Responsible Business Alliance (RBA) – the Global Industry Coalition Dedicated to Corporate Social Responsibility | #TpromoCom #Microchip #Security #Financial #Health | Microchip Technology Inc. has joined the Responsible Business Alliance (RBA), a nonprofit coalition of companies.

CHANDLER, Ariz., Jan. 16, 2020 (GLOBE NEWSWIRE) — Microchip Technology Inc. (Nasdaq: MCHP) today announced it has joined the Responsible Business Alliance (RBA), a nonprofit coalition of companies dedicated to the improvement of social, environmental and ethical conditions in their global supply chains.

The RBA Code of Conduct is a set of social, environmental and ethical industry standards. The standards set out in the Code of Conduct reference international norms and standards including but not limited to the Universal Declaration of Human Rights, ILO International Labor Standards, OECD Guidelines for Multinational Enterprises plus ISO and SA standards.

Call TpromoCom for web design and content (image)“With the principles of corporate social responsibility as a fundamental part of Microchip’s DNA, we remain committed in every aspect of our business and operations to advancing human rights, ethics and health and safety worldwide,” said Ganesh Moorthy, president and chief operating officer. “Along with RBA member companies, we align under a set of common values that send a clear message of commitment to the global supply base and to our customers.”

Founded in 2004, the RBA and its initiatives have nearly 400 company members committed to improving conditions in global supply chains; including safe working conditions and ethical labor practices.

Microchip’s values and operating principles including its Code of Business Conduct and Ethics, certifications, sustainability reporting and other standards are reflected in the company’s practices and actions of employees worldwide. Microchip is committed to aligning with organizations and companies worldwide to advocate for principals regarding workforce and labor standards, human rights, sustainability and anti-corruption.

About Microchip Technology
Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company’s solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.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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EllaLink receives Global Carrier Award for Best Subsea Project of the Year

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EllaLink receives Global Carrier Award for Best Subsea Project of the Year | #TpromoCom #Connectivity #Communications #Award | DUBLIN, Ireland, Nov. 04, 2019 (GLOBE NEWSWIRE) — EllaLink has received a Global Carrier Award in the illustrious category “Best Subsea Project of the Year” during a ceremony held in London and taking place as part of the Capacity Europe 2019 conference. This much coveted award demonstrates true recognition of the project’s success from industry leaders, peers and the market at large.

The key factors that led the jury of industry experts to select EllaLink are:

Creation of a new diverse route connecting Latin America and Europe; Provision of the first low latency coherent network between these two continents; New secured landing in Sines, avoiding other congested areas in Portugal and creating a new cable landing station in a site ideal for data center expansion; Openness and neutrality working in close partnerships with clients; Openness to onward connectivity between Asia and Latin America thanks to the choice of providing secure and diverse routes to Marseille.

Alfonso Gajate, Member of the EllaLink Board and project founder, exclaimed: “I am proud of this award that is a recognition of the commitment and perseverance that has gone into the project since it was first conceived back in 2012. Ross Mullins and I have been joined along the way by key anchor tenants, our investor Marguerite, team members, partners and a lot of external supporters all sharing the belief that a direct link between Europe and Latin America was strongly needed.”

Philippe Dumont, CEO of EllaLink, added: “EllaLink is honored to have received this award which is a testament to the forward-looking view that has driven the development and implementation of this project. I would like to thank our anchor customers CVT, EMACOM, RedClara and GEANT, as well as Telebras, for their trust. We are working closely within our eco-system to bring to the market an alternative choice for those wishing to cross the Atlantic. Operations are progressing on schedule for achieving a ready for service date in 2020.”

Michael Dedieu, Managing Partner of Marguerite and Chairman of the board of EllaLink, declared: “Marguerite II joined EllaLink as financial sponsor back in May 2018 to finalize the development of this landmark project and to fund its construction. This accolade recognizes this asset’s quality as well as the tremendous amount of work accomplished by the management team over the last 18 months.”

The Global Carrier Awards are the wholesale telecom’s largest global industry celebration uniting industry leaders from across the international carrier community.

About EllaLink
EllaLink is an advanced optical platform offering secure high capacity connectivity on a unique low latency transatlantic route serving the growing needs of the Latin American and European markets. The EllaLink network directly connects Brazil and Europe, linking the major hubs of São Paulo and Fortaleza with Lisbon, Madrid and Marseille.

The EllaLink System is being built with state-of-the-art coherent technology initially offering 72Tbps of capacity over four direct fiber pairs between Europe and Brazil. The landing sites in Fortaleza (Brazil) and Sines (Portugal) have been secured and EllaLink is scheduled to be Ready for Service in 2020. EllaLink is a privately funded and independent company committed to providing products and services on a Carrier Neutral and Open Access basis.

To learn more visit ella.link.

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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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Chinese AI unicorns target smart cities & public security

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Chinese AI unicorns target smart cities & public security | #TpromoCom #AI #Military #Chinese | According to research company, Memoori, in a bid to be at the forefront of the technology, China is pouring billions of dollars into companies that are researching AI technology, with video analytics and IoT platforms for smart cities being two of the prime applications.

Memoori estimates that China accounts for approx. 31% of global physical security revenues and says that it is now the biggest single country market for physical security products having increased its share by almost 50% in the last 7 years.

Video surveillance equipment has been the major contributor here, with the market growing rapidly through a boom in new construction and safe city projects in the public sector. Hundreds of cities in China, large and small, have jumped on the smart cities bandwagon, as advocated by Beijing, and have established budgets to support such initiatives.

To read the remainder of this story, click here.

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Adoption of connected health devices highlights differences in UK and US

Adoption of connected health devices highlights differences in UK and US | #TpromoCom #Heath #ParksAssociates #IoT | The Parks Associates Consumer Analytics team provides quantitative market intelligence that guides strategic business decisions. 

CONSUMER ANALYTICS NEWSLETTER – ISSUE 64

The Parks Associates Consumer Analytics team provides quantitative market intelligence that guides strategic business decisions.

Adoption of connected health devices highlights differences in UK and US

Devices like digital pedometers, fitness trackers, and GPS sports watches are more common in the UK, while large fitness equipment like treadmills, exercise bikes, and ellipticals that have built-in app support are much more common in the US. Larger US home sizes, with more space for in-home fitness equipment, may explain the gap in adoption. Adoption of other connected health devices are similar across markets. One-third of consumers in the UK report owning at least one connected wellness/fitness device while just 15% report owning a connected medical device, like a Wi-Fi weight scale or blood pressure cuff.

Nearly 50% of consumers in UK broadband households report of having a chronic health condition with obesity, high cholesterol, hypertension, and asthma being the leading conditions. About half of the consumers with a chronic condition in the UK are interested in products and services that would help in managing their condition. Those with a chronic condition show a higher propensity to own a connected medical device and are good targets for remote patient monitoring or a health management program.

 For more information on this topic, see Parks Associates’ IoT in the UK: Consumers and Technology Adoption – Wellness, Telehealth and Independent Living. This study identifies adoption of connected health and personal emergency devices among UK consumers. The research also examines top caregiver pain points, and their willingness to pay for independent living solutions.

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Earthquake warning app will give anyone in California the chance to prepare

Earthquake warning app will give anyone in California the chance to prepare | #TpromoCom #Earthquake #Sensor #Notification #Emergency | Authorities will begin issuing quake early warnings through the Wireless Emergency Alerts system, offering text message alerts even for people who have not downloaded the app.

Workers check the damage to Interstate 880 in Oakland after it collapsed during the Loma Prieta earthqakes. (image)
Workers check the damage to Interstate 880 in Oakland after it collapsed during the Loma Prieta earthqakes.

The unveiling of the new version of UC Berkeley’s MyShake app is a major achievement in the years of efforts to bring California an earthquake early warning system. Until Thursday, only people with the city of Los Angeles’ ShakeAlertLA app and physically present in Los Angeles County could get the alerts.

Richard Allen, director of the Berkeley Seismology Lab, said a few seconds of warning can give people time to drop, cover and hold on before the shaking begins.

To read the remainder of this article, click here.

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Altair Names Andrea Siudara New Chief Information Officer

Altair Names Andrea Siudara New Chief Information Officer | #TpromoCom #Altair #Global #Tech #Technology | Former Ford senior executive to lead global technology and IT organization

TROY, Mich., Sept. 23, 2019 (GLOBE NEWSWIRE) — Altair, (Nasdaq: ALTR) a global technology company providing solutions in product development, high-performance computing and data intelligence, today announced that Andrea Siudara has joined as Chief Information Officer.

Andrea Siudara (image)Siudara will lead Altair’s global information technology team, overseeing Altair’s IT systems, enterprise business systems and IT business strategy globally. Additionally, she will support strategic company initiatives as a member of the Altair executive leadership team.

Siudara brings nearly 20 years of experience in leading large-scale, global IT organizations for major companies. Most recently she was global director, sales and marketing IT for Ford Motor Company. She has held previous executive roles at Delphi, Dell and General Motors.

“Andrea’s customer-centric approach to technology will be an asset as we expand our global footprint,” said James Scapa, Altair founder and chief executive officer. “As we continue our pace of growth, organic and through acquisition, we will draw on her expertise to lead our organization through transformational change, connecting IT to the needs of the business and aligning IT costs. She also brings the perspective of enterprise customers to Altair as we position our data analytics offerings to drive digital transformation.”

Siudara has an acknowledged track record of aligning information technology with business goals to reduce complexity, accelerate growth, facilitate change, and improve operations.

Call TpromoCom for web design and content (image)“I am honored to be joining Jim and the Altair family,” said Siudara. “Altair solutions are helping drive true engineering and data intelligence innovation across industries worldwide. I’m looking forward to advancing our ability to positively impact so many customers and enabling our internal systems to be a platform for Altair’s growth.”

Siudara holds a bachelor’s degree from the University of Michigan and a master’s degree in business administration from Michigan State University.

Siudara succeeds Martin Nichols, who has been named chief purchasing officer and will be responsible for global purchasing, budget tracking and facilities management.

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