DALLAS, May 12, 2017 /PRNewswire/ -- Leading IoT research firm Parks Associates announced today that Cox Communications will deliver a keynote address at the 21st-annual CONNECTIONS™: The Premier Connected Home Conference, May 23-25, at the Hyatt Regency San Francisco Airport. Kristine Faulkner, SVP/GM, COX Homelife, will present the keynote address "What About the Customer? Bridging the Divide in Smart Home Services" at 2:15 p.m. on Wednesday, May 24, and address how the industry can reach mass consumerization of smart home services.
"Consumers recognize the expansive possibilities inherent in smart home technologies, which allow them to leverage the same connectivity to stream a movie, control their thermostat, and secure the home," said Tom Kerber, Director of IoT Strategy, Parks Associates. "CONNECTIONS™ explores the full range of possibilities for companies active in the connected home, including ways the industry can move beyond first-time buyers to achieve mass-market adoption."
Currently 26% of U.S. broadband households own at least one smart home device, but more and more of these products are bought as standalone devices, with the expectation that they will all work together. Parks Associates forecasts by 2020, annual U.S. revenues from smart home controllers will exceed $1.3 billion. Companies need to develop smart home ecosystem strategies that can create premium value and long-term revenue.
The 2017 CONNECTIONS™ Conference offers a mix of market research, analysis, and industry insight from industry leaders–an approach unique among conferences and necessary to capture the complexity and opportunities in these interconnected markets.
Faulkner is the operational and innovative leader focused on driving growth of the Cox Homelife and Smart Home market - one of Cox's fastest growing services divisions. She oversees all related operational strategies for this business unit.
"The smart home and security services market has great potential to invite consumers into a new era of possibility in how they interact and manage their daily lives. Consumers want to be at ease and cared for and that is especially important given where consumer sentiments are today," Faulkner said. "Cox is playing a big part in that movement, and we are able to introduce consumers to capabilities they may not be aware of when they are selecting new broadband, entertainment services, moving or upgrading. This year, Cox has embarked on a nationwide Cox Smart Home tour in our communities demonstrating how families are creatively combining Cox services with dozens of devices and applications to build their custom connected home of the future."
To register, visit http://bit.ly/CONNUSregistration. Press passes are available at http://bit.ly/CONNmediapass. To schedule an interview or request research, contact Holly Sprague at 159469@email4pr.com, 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. For information, contact sales@parksassociates.com, call 972-490-1113, visit www.connectionsconference.com.
Holly Sprague
Parks Associates
720-987-6614
159469@email4pr.com
SOURCE Parks Associates