Parks Associates: Nearly 60% of U.K. broadband households prefer hardware-as-a-service option to acquire smart thermostat


CONNECTIONS™ Europe addresses energy management and independent living solutions

DALLAS, Oct. 30, 2018 (GLOBE NEWSWIRE) -- New research from Parks Associates finds strong interest in the U.K. for hardware-as-a-service options for smart thermostats, with 58% of broadband households willing to pay five pounds per month for a hardware and service bundle. Parks Associates will host the 13th-annual CONNECTIONS™ Europe: Strategies for Smart Home and Consumer IoT on 13-14 November at the Amsterdam Marriott Hotel to discuss strategies that leverage this interest in order to expand smart home adoption throughout Europe.

“U.K. households, similar to the U.S., profess a dislike for monthly fees, but when you package a smart thermostat with a bundle of services at the right price point, their interest goes up,” said Tom Kerber, Senior Director, IoT Strategy, Parks Associates. “Service providers who include installation and support capabilities with their smart home offerings have a significant competitive advantage.”

CONNECTIONS™ Europe features keynotes from IBM, Inwido, Bosch Smart Home, Orange, and Philips and multiple sessions with research and executive insights on the business opportunities, revenue strategies, and partnership opportunities for the smart home, security, energy management, and wellness industries.

Two key sessions at CONNECTIONS™ Europe focus on business models for energy and smart home products, new solutions in connected healthcare, and strategies to integrate these offerings within the larger smart home ecosystem.

Speakers for “Integrating Energy Services with the Smart Home” and “Independent Living: Serving Consumers at Home”:

  • David Boundy, GM, Energy Solutions, Intel
  • Marco Dorjee, VP Business Development & Strategy IoT, DSR Corporation
  • Reinout Engelberts, CEO, Sensara
  • Michiel Fokke, CTO, Quby
  • Pierre Guillet, Solution Sales Manager, tado GmbH
  • Rafi Zauer, Head, Marketing, Essence

Sponsors include Homematic IP, Alarm.com, ASSA ABLOY, Bitdefender, F-Secure, Intamac, Open Connectivity Foundation, ROC-Connect, Trusource Labs, Z-Wave, Zigbee Alliance, and Mersoft.

Registration is open, and media are invited to attend. To request data or an interview, contact Julia Homier, julia.homier@parksassociates.com, 972-996-0214.

About CONNECTIONS™ Europe
CONNECTIONS™ Europe is a two-day executive conference focused on the impact of IoT on the consumer. The event explores innovative business strategies, new crossover industry partnerships, and advancements in IoT solutions that are creating more consumer engagement and business opportunities for smart home, cloud services, and connected entertainment solutions. http://www.connectionseurope.com

Julia Homier
Parks Associates
972-996-0214
julia.homier@parksassociates.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/dc04e77f-11cb-486d-9449-adcbb68bd419

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