Parks Associates and Best Buy address the $500 million market for IP-connected home services at CONNECTIONS™ at TIA 2012

DALLAS, May 24, 2012 /PRNewswire/ -- Parks Associates announced today the Best Buy keynote and list of speakers for June 7, the final day of the 16th annual CONNECTIONS™, which focuses on connected home systems and solutions, including energy, security, and home monitoring services. International research firm Parks Associates estimates 2012 U.S. revenues for IP-connected home service bundles, including control, automation, and security monitoring services, will be approximately $500 million.  

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CONNECTIONS™: The Digital Living Conference and Showcase, hosted by Parks Associates and co-located with TIA 2012: Inside the Network, takes place June 5-7 in Dallas, Texas. June 7 features the session "Partnerships and Competition among Broadband and Security Service Providers, Utilities, and Retailers," moderated by Tom Kerber, Director, Research, Home Controls & Energy, Parks Associates, and featuring executives from Ingersoll Rand, Honeywell International, Inc., Motorola Mobility, Tendril, and iControl Networks.

Kristen Bowring, Senior Director, Platform Lead Home and Energy Management, Best Buy, will deliver the closing keynote "Security, Controls, Energy Management, Connected Appliances – Accelerating the Adoption of the Connected Home" at 10:45 a.m. Mr. Bowring will discuss factors accelerating development of the connected home and the need for consumer-centric solutions that are easy to use and create an emotional connection with customers.

"Offering service bundles expands the value proposition, and ARPU, of energy and security services, but different households value different services, opening opportunities for a variety of companies, from retailers to service providers to security companies," said Stuart Sikes, president, Parks Associates. "At CONNECTIONS™, we have all stakeholders in a discussion of the different business opportunities, channel strengths, and partnership opportunities in deploying connected home services."

PANELISTS
Aine Denari, Director, Strategy, Residential Solutions, Ingersoll Rand
Lewin A.R.W. Edwards, Sr. Software Product Manager, Honeywell International, Inc.
Jerry Kurtze, Senior Manager, Business Development and Marketing, Motorola Mobility
Dennis Kyle, VP, Strategic and New Market Development, Tendril
Greg Roberts, VP, Marketing, iControl Networks
Gene Wang, CEO, People Power Company

More information can be found at www.connectionsconference.com.

About CONNECTIONS™ at TIA
CONNECTIONS™ at TIA 2012 focuses on innovative solutions for the connected consumer and leading strategies to monetize digital content, mobile applications and services, value-added services, connected consumer electronics, and home systems.

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

Mindi Sue Sternblitz-Rubenstein
Parks Associates
972-490-1113
[email protected]

SOURCE Parks Associates