Parks Associates has announced executives from Comcast and ADT will deliver keynotes at the firm’s 24th annual CONNECTIONS: The Premier Connected Home Conference, May 19-21 at the Hyatt Regency San Francisco Airport in San Francisco, CA. They will join a lineup that includes ANGI Homeservices/Handy and Vivint Smart Home addressing business models, new technologies, and partnerships impacting the growth of solutions for consumers at home.
Noopur Davis, EVP, chief product and information security officer, Comcast, and Bob Kupbens, president, chief strategy and product officer, ADT, will address ways to leverage connectivity in the home through partnerships, product integrations, and new solutions that create a valuable experience for consumers while also addressing data privacy and security. Oisin Hanrahan, chief product officer, ANGI Homeservices; co-founder and CEO, Handy, and Jim Nye, chief product operations officer, Vivint Smart Home, are also presenting keynotes at the executive conference.
Early sponsors include Alarm.com, Rapid Response Monitoring, Cirrent, Everise, Firedome, Intellithings, MMB Networks, PassiveBolt, Z-Wave, Zen Ecosystems, Aprilaire, Sprosty Network, Wi-Charge, Gadgeon, and Inspire.
Parks Associates’ research finds nearly 60 percent of smart home device owners prefer to control these devices via an app on their smartphone. Among these, 31 percent express a preference for an app that controls a single device, while 28 percent prefer an app that can control all smart home devices.
“Companies can extend the value of smart home solutions for consumers by extending benefits throughout the home,” says Elizabeth Parks, president, Parks Associates. “At CONNECTIONS, we welcome industry leaders from all areas of the consumer technology ecosystems to discuss strategies to extend value to the consumer and build on today’s leading business models.”
Parks Associates notes that top players are pursuing the goal of enhancing consumer value and engagement through three different strategies.
“The three main strategies are custom smart home controller installation, a cooperative platform by a service provider, and DIY products such as voice-based platforms,” Parks says. “Companies like Control4, Josh.ai, and Savant provide a premium service with a custom smart home controller that can control virtually all devices through a single app. Service providers such as Alarm.com, Vivint, and Comcast are leveraging their existing platforms in the home. Finally, many manufacturers are deploying voice-based platforms, like the Amazon Alexa or Google Assistant, which are having an enormous impact on the ability to control and manage different devices in the home.”
For more information, visit http://www.parksassociates.com/events/connections-us.
