Parks Associates: 40-50% of Consumers Find Individual Energy Monitoring Services Appealing

DALLAS, May 10, 2017 /PRNewswire/ -- IoT research firm Parks Associates announced energy management research today showing 40-50% of consumers find individual energy monitoring services appealing. Industry-leading executives will join Parks Associates at the 21st-annual CONNECTIONS™: The Premier Connected Home Conference, May 23-25 in San Francisco, to discuss strategies to get consumers excited about energy management as well as ways to leverage the billions of smart home devices found in U.S. broadband households.

"Safety and security are the leading value propositions for the smart home, yet more people own smart thermostats than any other product category," said Tom Kerber, Director of IoT Strategy, Parks Associates. "At CONNECTIONS™, we will examine the convergence in the smart home and energy management and why energy management solutions are experiencing strong growth."

Smart Home: Quest for Compelling Use Cases notes that 54% of U.S. broadband households are interested in a monitoring solution that identifies problems with any major appliance and 50% are interested in a solution that identifies ways of improving energy efficiency. Overall, U.S. consumers show a preference for energy solutions with actionable intelligence that are informative and proactive, over basic monitoring and reporting solutions.

"Energy Management Solutions: Moving the Market Forward," Wednesday, May 24, at 10:30 a.m., moderated by Tom Kerber, features the following speakers:

• Amena Ali, Chief Revenue Officer, Whisker Labs
• Seth Frader-Thompson, Co-founder and President, EnergyHub, Inc.
• Olaf Lohr, Director of Business Development, sonnen, Inc.
• Stuart Lombard, Founder & CEO, ecobee

CONNECTIONS™ sponsors: Intel Corporation, Vivint Smart Home, Asurion, Greenwave Systems, Assurant Solutions, HelloTech, Xively by LogMeIn, Alarm.com, Centercode, ROC-Connect, Support.com, ULE Alliance, Verisk, AMT Warranty, Arrayent, Audio Analytic, Ayla Networks, Cirrent, Cross Country Home Services, Deutsche Telekom, EVRYTHNG, FIBARO, mnubo, OneEvent Technologies, Whisker Labs, Z-Wave, Amazon Alexa, HomeAdvisor, Nortek Security & Control, Tyco, leakSMART™, and MivaTek.

To register for the 21st-annual CONNECTIONS™ conference, please visit http://bit.ly/CONNUSregistration. Follow the conference on Twitter at @CONNECTIONS_US, #CONNUS17, and on the CONNECTIONS™ Industry Insights Blog. To schedule an interview with an analyst or request specific research, contact Holly Sprague at [email protected], 720.987.6614.

About CONNECTIONS™

Parks Associates' CONNECTIONS™ is the premier connected home event hosting over 700 executives from the connected entertainment, IoT, and smart home industries. The event provides a day of pre-show research workshops highlighting Parks Associates' consumer data and analysis and two days of conference sessions focused on technology adoption and trends, forecasts for new products and services, evaluation of new business strategies, and recommendations about technology innovations, strategic partnerships, monetization opportunities, and value-added services.

The event provides executive networking opportunities and insights from industry leaders on entertainment, mobile, and smart home market segments. Throughout the event, sponsors offer tabletop demos during networking events, spotlighting new technology innovations and services.

For more information, contact [email protected], call 972-490-1113, visit www.connectionsconference.com.

Media Contact:

Holly Sprague
Parks Associates
720-987-6614
[email protected]

SOURCE Parks Associates

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