DOCSLIB.ORG

Event Summary

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Event Summary EVENT SUMMARY May 19-21 . San Francisco PLATINUM SPONSOR HOSTED BY 72 US.com | [email protected] | @CONNECTIONS_US | #CONNUS15 | 972.490.1113 HOSTED BY SPONSORS PLATINUM RECEPTION 021 1495 C.G.5 SILVER BRONZE AFFINEGY plumchoice BREAKFAST systems ™ systems ™ systems ™ BREAK SUPPORTERS ASSOCIATION PLATINUM In partnership with CONNECTIONS™: The Premier Connected Home Conference Event Summary 2015 Attendee Demographics The term “Internet of Things” (IoT) has emerged over the past two years as a key concept for the connected home and entertainment industries. Parks Associates defines the IoT as the range of networked products and services that are capable of sending and receiving data. This all- encompassing term broadly covers areas we have been examining at Parks Associates for nearly three decades. The connected home has gone through many transformations, and we recently passed a new milestone. At the beginning of 2015, 78% of U.S. broadband households have a smartphone, compared to 69% that have a desktop, moving the connected home into a “post- desktop” phase now that more U.S. households own a smartphone than a desktop. The connected entertainment and smart home industries need to ensure that the consumer side of the IoT works seamlessly, securely, and with a flexible design capable of integrating future innovations. We strive to provide new insights and understanding at CONNECTIONS, including: a deeper understanding of the impact of new business models and partnerships in the connected home; insights into innovative technologies being introduced and tested; specific consumer adoption rates and intentions and highlight segments to target for specific products and services; and a networking venue that brings together all players of the ecosystem, from smart home and connected entertainment to digital media and tech support. CONNECTIONSUS.com | [email protected] | 972.490.1113 Opening Comments: Emerging Trends and the Connected Consumer Speaker: Stuart Sikes, President, Parks Associates Notes: A key priority for Parks Associates research is to help identify emerging business models and engagement strategies that help develop profitable consumer products and services. Notable technology trends include the following: Consumer electronics devices started out as specialized devices; many have since evolved. Game consoles, for example, have evolved into entertainment and control devices. Mobile devices have surpassed computing and other devices and are now the second most penetrated connected device throughout the connected home, behind televisions. Connected cars – Consumers are beginning to show interest in the value propositions offered at the intersection of the connected home and connected cars. Many also have safety and privacy concerns, so the industry must be proactive in confronting these concerns. Connected healthcare devices are now transitioning from communication devices to devices that are predictive and facilitate preventative measures. CONNECTIONSUS.com | [email protected] | 972.490.1113 Defining the Connected Home: Entertainment, Security, Health, Smart Home The concept of the smart home, as well as the penetration of smart devices, is expanding rapidly. This panel focused on the major elements of the connected home, including consumer electronics devices (Panasonic), connected health and security systems (Nortek), digital content (Pandora), connected cars (Ford), and home controls systems (Honeywell, Cox). Each of these vendors is a major player in growing ecosystems within the wider connected home experience. By gathering these ecosystem leaders together, the panel discussed: Integration between Ecosystems Is integration of the different home ecosystems a critical element of vendors’ strategies? Which entities have the market and brand power to begin to integrate different ecosystems? What are the first steps each ecosystem will take toward integration? Coordination and Standardization Can coordination occur via natural evolution of consortia such as Thread? Will GAFA (Google, Apple, Facebook, Amazon, and peers) cause coordination through common APIs? Is coordination a threat to unique customer relationships? Opposing Forces What are the strongest forces that are working against coordination? Will incumbent vendors be able to transform their business, or will disruptors take the industries by storm? CONNECTIONSUS.com | [email protected] | 972.490.1113 Speakers: Kristine Faulkner, VP/GM Home Security & Smart Home, Cox Duane Paulson, SVP Product and Market Development, Nortek Security & Control Rob Puric, Director - Product Management Connected Home, Honeywell Todd Rytting, Chief Technology Officer, Panasonic Corporation of North America Geoff Snyder, Vice President, Business Development, Pandora Mike Tinskey, Global Director of Electrification and Vehicle Infrastructure, Ford Motor Company Moderator: Stuart Sikes, President, Parks Associates Notes: The Internet of Things presents challenges and opportunities for the connected consumer industries. Products need to be developed with simple interfaces and intuitive designs that enable easy and personalized user experiences. CONNECTIONSUS.com | [email protected] | 972.490.1113 Companies need to communicate the benefits and value of connected products in the home, including security and energy management, and promote the overall personalization of content and navigation for consumers. The ability to integrate connected home products is critical. Consumers expect devices to work together and aren’t concerned with how interoperability is achieved. Parks Associates research shows the value of interoperability grows with each device. Among U.S. broadband households with three smart home devices, 60% consider interoperability to be very important. Consumers will introduce connected products into their homes through a variety of different means. Some consumers purchase directly from their broadband service providers, where they expect a long-term relationship built on trust and loyalty. Other consumers are buying products at retail and integrating them into existing systems. Companies are still testing features that provide a different experience, such as voice controls. Functionality and design remain core considerations for manufacturers. Partnerships between companies are critical for interoperability and the integration of various technology platforms to create a cohesive user experience. Opening Keynote: Taking a Mobile-First Approach to the Smart Home What lessons from the mobile-first economy can we apply to the smart home? Taking a mobile-first approach has created consumer delight and significant commercial value in other parts of the digital economy. This keynote from Farooq Muzaffar of Verizon explored what works and doesn’t work when it comes to mobile-first and how those lessons can be applied to the smart home. Speaker: Farooq Muzaffar, Vice President, Corporate Strategy & Development, Verizon CONNECTIONSUS.com | [email protected] | 972.490.1113 Innovative Partnerships: The Connected Home Smart home product and service providers are evolving. Smart home controllers and smart home platforms are adding more networks, more intelligence, more data analytics, and more value-added services. Today, smart home service providers control almost every aspect of their offering. Consumers make one choice, the service provider, and the service provider chooses everything else. The service provider determines what products work with the platform, what algorithms control those products, what the user interface looks like, and even how the system is installed. The consumer has almost no control. If consumers want a group of products that work together, the only choice is to select a service provider or home control platform. Products that work together are not available without a smart home controller or a smart home platform. Smart home system vendors generally charge a recurring monthly fee for services. Smart product vendors charge an upfront fee in the form of a price premium for smart products. The business models used by different participants are a reflection of existing business models. However, connectivity opens up many new possibilities that use smart products to enhance the value chains of different industries, unlocking new value and enabling participation in new revenue streams that are not directly funded by the consumer. The smart home market can be described using two axes: control of the smart home system and monetization of the smart home. The vertical axis describes the entity which controls the smart home system, how it is installed, and what products, algorithms, apps, and user interface or interfaces are used. At the lower end of the vertical axis, the end user makes all of the decisions. Consumers get what they want—how they want it. The consumer chooses what products to purchase, when they are purchased, how they are purchased, what apps or subsystem controllers control those products, and what smart home platform, if any, they want. Consumers may acquire connected products over time, as they replace legacy products with new, smart products. Some consumers may proactively replace some products if they find the value proposition compelling. CONNECTIONSUS.com | [email protected] | 972.490.1113 At the upper end of the vertical axis, the service provider makes all of the decisions. Most smart home systems on the market today are closed to both new products and third-party
Load more

Recommended publications
  • Vision of the Smart Home, the Services Concepts That Will Emerge and the Capabilities Needed to Support These Services on a Commercially Viable Basis
    Vision of Smart Home The Role of Mobile in the Home of the Future Contents Foreword Foreword Over the past decade, consumers the These services address consumers desire to manage their home 1 Executive Summary 1 world over have rapidly embraced mobile environment while becoming greener through lower energy telecommunications; connectivity has consumption and greater awareness of their CO2 footprint. The smart 2 Introduction 3 home concept, while it is still in its infancy, is set to become one of the allowed them to stay more and more in 3 Smart Home Vision 5 most significant consumer lifestyle developments of this decade. touch with their friends and colleagues. Smart Home Services 6 The smart home market is forecast to exceed $44bn in five years’ Stages in the Evolution of Smart Home Services 9 Now, the addition of connectivity to home time, bringing with it new opportunities for mobile network 4 Smart Home Landscape 13 appliances and the arrival of new online operators and the rest of the mobile ecosystem. The ubiquity of Supplier Ecosystem 13 energy management tools are creating mobile networks makes them indispensable for connecting smart home devices and Technology and Interoperability Landscape 17 the right environment for a new market in home energy management gateways, just as mobile phones are emerging as the main interface for home energy management applications. Smart Home - Growth Prospects in Vertical Segments 20 smart home services. 5 Smart Home Services and Requirements 25 We recognise, however, that the conversion of a home to a “smart” ecosystem is not going to happen without collaboration and cross-industry effort.
    [Show full text]
  • Downloaded (Thus Far, by More Than 262 Million People) Software Such As Skype
    Consortium Standards Bulletin A ConsortiumInfo.org publication February 2006 Vol V, No. 2 FEATURE ARTICLE CASE STUDY: THE UNRULY EMERGENCE OF THE DIGITAL HOME Andrew Updegrove Abstract: Although basic electrical devices like thermostats, phones and radios entered our dwellings many decades ago, the long-awaited vision of the "digital home" is only now becoming a reality. The emergence of the futuristic home, controlled by and for the fulfillment of the comfort, safety and enjoyment of its owners, has become possible only with the development of the hundreds of telecommunications, wireless, data format, networking and other standards that have been created by scores of accredited standards development organizations and unaccredited consortia, some venerable, and others new and created specifically for this purpose. An examination of how this new standards development ecosystem has evolved demonstrates how complex standards infrastructures come into existence through the reordering of relationships among existing, and the formation of new, standard setting organizations. Such a review also illustrates how participants behave when commercial opportunities are great, and the stakes for success (or failure) are high. Introduction: Through the coincidental maturation of a variety of technologies, the New Year has brought a rash of news stories and product announcements relating to innovations in digital home technology. All at once, multi-year research, standards development and commercialization efforts in video delivery and storage technology, wireless services (both "last mile" and in-home), multiple types of display technology, and new PC capabilities are converging at roughly the same time, allowing long- anticipated innovations in home services and systems to become available to consumers.
    [Show full text]
  • VIVINT SMART HOME, INC. (Exact Name of Registrant As Specified in Its Charter)
    Table of Contents As filed with the Securities and Exchange Commission on March 30, 2020 Registration No. 333-236340 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-3 ON FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 VIVINT SMART HOME, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 98-1380306 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification No.) 4931 North 300 West Provo, Utah 84604 (404) 504-7474 (Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant’s Principal Executive Offices) Shawn J. Lindquist Chief Legal Officer 4931 North 300 West Provo, Utah 84604 (404) 504-7474 (Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent for Service) Copies to: Igor Fert Mark Brod Simpson Thacher & Bartlett LLP 425 Lexington Avenue New York, NY 10017 (212) 455-2000 Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this registration statement. If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, please check the following box. ☒ If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐ If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.
    [Show full text]
  • Architecting Smart Home Environments for Healthcare: a Database-Centric Approach
    Architecting Smart Home Environments for Healthcare: A Database-Centric Approach Wagner Ourique de Morais DOCTORAL THESIS | Halmstad University Dissertations No. 15 Architecting Smart Home Environments for Healthcare: A Database-Centric Approach © Wagner Ourique de Morais Halmstad University Dissertations No. 15 ISBN 978-91-87045-33-2 (printed) ISBN 978-91-87045-32-5 (pdf) Publisher: Halmstad University Press, 2015 | www.hh.se/hup Printer: Media-Tryck, Lund Abstract The development of system architectures and applications for smart homes and ambient assisted living has been the main activity of a number of academic and industrial research projects around the world. Existing system architec- tures for smart environments usually employ different architectural styles in a multi-layer logical architecture to support the integration and interoperation of heterogeneous hardware and software technologies, which are subsequently used to provide two major functionalities: monitoring and assistance. It is also usual among existing architectures that the database management system is the most common but the least exploited architectural component, existing in the periphery of the system and devoted exclusively for data storage and re- trieval. However, database technology has advanced and matured considerably over the years, and, as a result, current database management systems can be and do more. This thesis considers the hypothesis of several features of modern database management systems being employed to address functional (e.g. well-being and security monitoring, automated control, data processing) and non-functional (e.g. interoperability, extensibility, data security and privacy) requirements of smart environments, i.e. the database management system serves as a platform for smart environments.
    [Show full text]
  • Smart Assistants for Smart Homes
    Smart assistants for smart homes KATHARINA RASCH Doctoral Thesis in Electronic and Computer Systems Stockholm, Sweden 2013 TRITA-ICT/ECS AVH 13:16 KTH School of Information and 1653-6363 Communication Technology KTH/ICT/ECS/AVH-13/16-SE SE 164-40 Kista 978-91-7501-837-9 SWEDEN Akademisk avhandling som med tillstånd av Kungliga Tekniska Högskolan framlägges till offentlig granskning för avläggande av teknologie doktorsexamen i elektronik och datorsystem den 11 Oktober 2013 klockan 13 i Sal E, Forum Isafjordsgatan 39, Kista, Kungliga Tekniska Högskolan. © Katharina Rasch, September 2013 Tryck: Universitetsservice US AB iii Abstract The smarter homes of tomorrow promise to increase comfort, aid elderly and disabled people, and help inhabitants save energy. Unfortunately, smart homes today are far from this vision – people who already live in such a home struggle with complicated user interfaces, inflexible home configurations, and difficult installation procedures. Under these circumstances, smart homes are not ready for mass adoption. This dissertation addresses these issues by proposing two smart assistants for smart homes. The first assistant is a recommender system that suggests useful services (i.e actions that the home can perform for the user). The recommended services are fitted to the user’s current situation, habits, and preferences. With these recommendations it is possible to build much simpler user interfaces that highlight the most interesting choices currently available. Configuration becomes much more flexible: since the recommender system automatically learns user habits, user routines no longer have to be manually described. Evaluations with two smart home datasets show that the correct service is included in the top five recommendations in 90% of all cases.
    [Show full text]
  • Establishing a Need for a Protocol for the Interoperability of Heterogeneous Iot Home Devices
    Georgia Southern University Digital Commons@Georgia Southern Electronic Theses and Dissertations Graduate Studies, Jack N. Averitt College of Spring 2018 Establishing a Need for a Protocol for the Interoperability of Heterogeneous IoT Home Devices Jenna Bayto Follow this and additional works at: https://digitalcommons.georgiasouthern.edu/etd Part of the Computer Engineering Commons Recommended Citation Bayto, Jenna, "Establishing a Need for a Protocol for the Interoperability of Heterogeneous IoT Home Devices" (2018). Electronic Theses and Dissertations. 1742. https://digitalcommons.georgiasouthern.edu/etd/1742 This thesis (open access) is brought to you for free and open access by the Graduate Studies, Jack N. Averitt College of at Digital Commons@Georgia Southern. It has been accepted for inclusion in Electronic Theses and Dissertations by an authorized administrator of Digital Commons@Georgia Southern. For more information, please contact [email protected]. ESTABLISHING A NEED FOR A PROTOCOL FOR THE INTEROPERABILITY OF HETEROGENEOUS IOT HOME DEVICES by JENNA BAYTO (Under the Direction of Christopher Kadlec) ABSTRACT The Internet of Things (IoT) refers to the field of connecting devices consumers use every day to the internet. As the world relies on more and more internet-driven technological devices to control functions within the home, issues with compatibility of those devices are surfacing. This research was created to establish the need for standardization of IoT devices within the home. INDEX WORDS: Internet of
    [Show full text]
  • Smart Houses
    Smart Houses: From Managing the House at a Distance to the Management of Life Itself Name: Liliana Bounegru Student number: 5904552 Email: [email protected] Supervisor: Richard Rogers Second reader: Edward Shanken Institution: University of Amsterdam Department: Media Studies New Media (MA) Date: 23 rd of August 2009 1 Abstract The smart house has been around for more than a century as a technological vision of future domestic spaces, always falling short of materialization. However, smart homes underwent a revival in the late 1990s until the present. This thesis takes as its object of study the “arrangements of power” which underlie the contemporary smart homes in pre-production in academic research laboratories in the United States, as well as the mode of domesticity and subjectivity which they engender, with a particular focus on smart homes for the elderly. By applying on three case studies of smart house prototypes notions which appear in the work of late Foucault, and from which a recent subfield of cultural studies, namely governmentality studies emerges, I discuss the role of smart houses as potential technologies of government in the neoliberal political rationality of governing at a distance. The contemporary smart homes shift focus from automating physical activities of the inhabitants to disciplining their minds by becoming advisory or persuasive agents in order to make individuals self-governing and self- sufficient from the domestic space. In smart houses for the elderly, the posthuman mode of domesticity engendered by managing everyday domestic life with intelligent agents, takes the management of life itself as its focus.
    [Show full text]
  • Smart Home As a Smart Real Estate a State of the Art Review
    Smart Home as a smart real estate A state of the art review Erfaneh Allameh, Mohammadali Heidari Jozam, Bauke de Vries, Harry Timmermans and Jakob Beetz Architecture, Building and Planning Department, Eindhoven University of Technology, P.O.Box 513, 5600 MB, Eindhoven, the Netherlands {e.allameh, m.heidari.jozam, b.d.vries, h.j.p.timmermans, J.Beetz } @tue.nl Abstract. In this paper, we review an emerging type of dwelling, indicated as Smart Home, with a focus on future user lifestyles, needs and preferences. Researchers envision a future information society stemming from the convergence of ubiquitous computing, ubiquitous communication and intelligent environments, especially residential environment. Smart Homes have noble aims; they are said to be able to support different ranges of activities such as tele-working, tele-shopping, tele- communicating, tele-educating, tele-caring, etc. in the home environment. Moving from the industrial society to the information society will transfer homes from only being a sleeping accommodation towards being the most important hub of human life. A change that will dramatically affect the design of social places, work places, residential places, cities and future real estate business and maintenance models. In this paper, we investigate the major challenges of Smart Homes as a new dwelling concept. Surveys have shown that user acceptance of any changes in personal spaces is linked to user needs and preferences. In turn, user preferences are directly related to user lifestyles. Therefore, inspired by research in the field of user centered design and future lifestyles, we redefine the concept of housing to increase the acceptance and marketing of Smart Homes as future housing.
    [Show full text]
  • Power Struggle Customers, Companies, and the Internet of Things by BRENNA SNIDERMAN and MICHAEL E
    ISSUE 17 | 2015 Complimentary article reprint Power struggle Customers, companies, and the Internet of Things BY BRENNA SNIDERMAN AND MICHAEL E. RAYNOR > ILLUSTRATION BY ALEX NABAUM About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www. deloitte.com/about for a more detailed description of DTTL and its member firms. Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries and territories, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s more than 200,000 professionals are committed to becoming the standard of excellence. This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this communication, rendering professional advice or services. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this communication. © 2015. For information, contact Deloitte Touche Tohmatsu Limited. 84 Deloitte Review | DELOITTEREVIEW.COM POWER STRUGGLE 85 Power struggle Customers, companies, and the Internet of Things BY BRENNA SNIDERMAN AND MICHAEL E. RAYNOR > ILLUSTRATION BY ALEX NABAUM s the Internet of Things (IoT) permeates people’s daily lives, potentially useful information can now be created every time someone adjusts a thermostat or turns an ignition key or pedals a home-gym exercise bike.
    [Show full text]
  • Utilitee Market Analysis Report – First Version”
    Ref. Ares(2018)5602201 - 31/10/2018 Utility Business Model Transformation through human-centric behavioural interventions and ICT tools for Energy Efficiency D6.3 UtilitEE Market Report – First Version Version number: 0.7 Dissemination Level: PU Lead Partner: SOLINTEL Due date: 31/10/2018 Type of deliverable: R STATUS: Final Copyright © 2018 UtilitEE Project This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 768600 D6.3 UtilitEE Market Report – First Version Published in the framework of: UtilitEE - Utility Business Model Transformation through human-centric behavioural interventions and ICT tools for Energy Efficiency UtilitEE website: www.utilitee.eu Authors: Hugo Grasset – Solintel Dimitris Panopoulos – Suite 5 Evangelos Zacharis – Hypertech Eva Muñoz – ETRA I+D Revision and history chart: VERSION DATE EDITORS COMMENT Creation of ToC for consolidation of market 0.1 31/08/2018 Solintel analysis and research Assessment of ToC and contribution on utility 0.2 20/09/2018 Solintel level solutions. 0.3 10/10/2018 Solintel First draft of D6.3 0.3 12/10/2018 Suite 5 Comments and feedback to be addressed 0.4 26/10/2018 Solintel Final version for review 0.5 30/10/2018 Suite 5 Final comments and additions 0.6 31/10/2018 ETRA Review process 0.7 31/10/2018 Hypertech E.C. Submission Disclaimer: This document reflects only the author’s views and the Commission is not responsible for any use that may be made of the information contained there 2 D6.3 UtilitEE Market Report – First Version Table of content 1 Executive summary ..............................................................................
    [Show full text]
  • Zigbee and Wi-Fi Alliances to Collaborate on Smart Grid Wireless Networking
    ZigBee and Wi-Fi Alliances to Collaborate on Smart Grid Wireless Networking Joint effort will extend the opportunity for interoperable wireless technology in the smart home SAN RAMON, Calif. and AUSTIN, Texas, March 17 /PRNewswire/ -- The ZigBee® Alliance and the Wi-Fi Alliance® announced today an agreement to collaborate on wireless home area networks (HAN) for Smart Grid applications. The initial focus of the collaboration will be ZigBee Smart Energy 2.0, which is the next-generation energy management protocol for Smart Grid-enabled homes based on today's successful ZigBee Smart Energy Profile. The ZigBee Smart Energy 2.0 is expected to operate over Wi-Fi technology as a result of the collaboration. The two organizations will identify opportunities to use ZigBee Smart Energy 2.0, capitalizing on the unique strengths and capabilities of their respective technologies. This will expand the utility of the HAN in the management of energy consuming or producing devices, a crucial part of Smart Grid efforts now underway. ZigBee Smart Energy 2.0 was selected last year by the U.S. Department of Energy and the National Institute of Standards and Technology (NIST) as an initial interoperable standard for HAN devices. Joining Wi-Fi's communication technology with ZigBee Smart Energy 2.0 means that utilities, vendors and energy consumers will have more choice and versatility in energy management solutions. The agreement between the two organizations will help deliver close integration of the two communication technologies in a smart home environment. This environment will include devices ranging from utility meters, thermostats, and appliances to home entertainment devices, computing systems, and automobiles.
    [Show full text]
  • Open for Business: Future Flexibility for Smart Home Services
    Open for Business: Future Flexibility for Smart Home Services A Parks Associates Whitepaper Developed for Calix Open for Business: Future Flexibility for Smart Home Services Competition Heats Up for Connected Home Services With the rise of the Internet of Things (IoT) in the residential sector, many players across verticals are making strong moves to become the trusted advisor in the connected home and capture new value through smart home services. Broadband service providers can look to these smart home services as a way to leverage their existing assets to develop new revenue streams and differentiate from competitors. Most importantly, smart home services can help stave off commoditization by fortifying their brand value as a service provider beyond merely providing a pipe. With sales of connected consumer devices—including smart home, connected health, mobile, and connected entertainment products—set to exceed 520 million units by 2022, industry players are looking to a variety of uses cases for smart home services to leverage their existing assets. © Parks Associates Q4 2018 Forecasts Partnerships with device makers and other connected companies are making it easier than ever to bring smart home services to market, but if past efforts have taught the industry anything, the ability to pivot quickly toward new opportunities is paramount. A future-flexible platform is a critical component for success in the IoT. While it can be a heavy lift for service providers to develop and maintain on their own, vendors are emerging to meet this need. In particular, vendors are offering new turnkey solutions to serve the varied use cases consumers are responding to today, with the built-in flexibility to deliver on tomorrow’s demands as well.
    [Show full text]