Parks Associates News

Embracing The Do-It-Yourself Approach For Smart Home Security

The success of smart homes began with professional security providers offering bundled packages, focused mostly on security monitoring. However, due to the cost of professional contracts, consumers began to embrace the do-it-yourself (DIY) approach. Despite the challenges and opportunities that come with professional and DIY approaches, the momentum of smart home growth depends on these two approaches working symbiotically. Smart home systems In 2017, there were about 122 million smart home de...

How Are Smart Home Systems Impacting Security?

Driven by technology developments such as voice recognition, smart devices and the Internet of Things, our homes are getting “smarter” all the time. Increasingly, we expect our residential environments to be responsive to our voice commands, whether we are adjusting a thermostat, turning on a light, or lowering the window shade. Smarter home integration yields new opportunities and challenges for home security, too, which contributes an element of safety and protection to the conveni...

Enhance Traditional Security Systems Within Your Smart Home

Market dynamics are changing the U.S. residential security market, creating new business models that better appeal to the approximately 70% of households without a security system. Smart home adjacencies have helped revitalize the traditional security industry, and alternative approaches to systems and monitoring for the security industry are emerging, including a new batch of DIY systems. Growth in the residential security market and its position as the channel for smart home solutions have at...

Z-Wave Ecosystem Hits New Milestones With New Partnerships And IoT Devices

Z-Wave’s goals for 2016 include looking at partnerships, launching IoT devices and giving consumers resources With a year of steady growth, new partnerships, a new online consumer education initiative and augmented security for Z-Wave IoT devices, the Z-Wave Alliance announces year-end milestones. Since the beginning of 2015, the Z-Wave ecosystem has seen almost 100 new member companies, the addition of 250 certified devices and another 15 million smart home devices ship...

Providing Technical Support In The Home Systems Environment

A pessimist might see the coming “Internet of Things” as the “Internet of Things that Could Go Wrong.” Clearly the networking of more machines in the home, including video and security systems, suggests that somebody (or something) needs to be available to make sure that the resulting home automation system is working as intended. If you need technical support for home automation, who do you call? It’s not just a theoretical question, given the accelerating trend...