31% of US broadband households own or plan to buy a smart appliance

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February 13, 2020


Parks Associates: 31% of US broadband households own or plan to buy a smart appliance | #TpromoCom #ParksAssociates #WiFi #Event | Racepoint Energy, Reliant, Resideo, and Sense examine new service bundling as part of the smart energy ecosystem at the 11th annual Smart Energy Summit 

New research from Parks Associates finds 31% of US broadband households own or plan to buy a smart appliance, with the products’ ability to offer energy-efficiency tips a key motivator in many purchases. The international research firm will host the eleventh annual Smart Energy Summit: Engaging the Consumer, February 17-19, 2020, at the Omni Austin Downtown in Austin, Texas, featuring sessions on new opportunities for utilities and energy providers to complement their energy services and more deeply engage their customers.

“Utilities can build revenues and consumer engagement strategies around new services in HVAC, home warranties, security, and insurance,” said Denise Ernst, Vice President, Parks Associates. “We look forward to discussing these new opportunities at Smart Energy Summit.”

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At Smart Energy Summit, more than 300 industry leaders from utilities, service providers, manufacturers, and technology companies will participate in panel discussions that address the current challenges, new services, and incremental shifts utilities are making to leverage connectivity in the home to save energy on the grid.

Speakers for the session “Optimize Smart Home Bundle Offerings: Capturing the Consumer”:

Stacey Butler, Director, Security by Reliant, Reliant Home Services, and NRG Go, Reliant

Anna Demeo, President, Racepoint Energy

Scott Harkins, Vice President, General Manager of Connected Home, Resideo

Mike Phillips, CEO, Sense

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“Resideo offers necessary solutions for the four critical networks of the home — air, water, energy, and security — that today are largely unmonitored or protected,” said Scott Harkins, VP, Connected Home, Resideo. “Research shows that indoor air quality can be two to five times worse than outdoor air quality, 93% of water damage claims could be avoided by using a leak detection device with remote shut-off, and a furnace or air conditioning system can alert you if preventative maintenance is needed instead of completely failing during a heat wave or Polar Vortex. HVAC contractors and security dealers are in the best position to strengthen their relationship with homeowners while adding revenue for their businesses and supporting the critical networks of the home. The application of machine learning and analytics opens new opportunities to create new services-based revenue models.”

“Smart home technology makes life more convenient in a variety of ways, from lifestyle and entertainment to home security,” said Mike Phillips, CEO, Sense. “The challenge for service providers is how to bundle popular smart home services with energy services so that consumers have an easy, integrated experience. The next generation of smart home technology uses energy insights to make homes more efficient, safer, and more reliable while engaging consumers. Home energy monitoring can provide performance data to inform HVAC system maintenance, identify unsafe and unreliable appliances for home warranty services, and detect abnormalities inside the home that security systems may overlook.”

Event sponsors include FLO, Rapid Response Monitoring, AutoGrid, Bidgely, Copper Labs, Everise, Johnson Controls, Zen Ecosystems, Alarm.com, Sprosty Network, Austin Energy, Grid4C, and Inspire.

Parks Associates will also host a pre-show research workshop, “Trends and Opportunities in Residential Energy Management,”on February 17, featuring detailed findings from the firm’s consumer and industry studies on the smart home, IoT, and energy management markets.

To schedule an interview with an analyst or to request data, please contact Elizabeth Parks at eparks@parksassociates.com, 972-490-1113.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer examines the changing role of utilities and energy providers in the IoT era and offers research and insights on new opportunities to empower consumers with smart solutions to manage and save energy in the home. The conference addresses key questions for energy providers around leadership and alignment of goals between residential energy management solutions and the grid and presents strategies to expand business and revenue goals by incorporating smart products into energy programs.

Smart Energy Summit focuses on identifying opportunities across converging ecosystems to create new value in energy solutions through partnerships that leverage connected devices, energy management, utility services, and home control platforms and services. Research analysts, thought leaders, and industry executives present and discuss business strategies, case studies, partnership opportunities, and consumer research that utilities, service providers, retailers, and manufacturers can use to expand and monetize their energy offerings.

The eleventh annual Smart Energy Summit will take place February 17-19, 2020, at the Omni Austin Hotel Downtown in Austin, Texas. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy20. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.ses2020.com.

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Police and FBI: Credit Card Skimmers at ATM’s, Gas Pumps, and More

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Skimmers are becoming a huge problem for ATM’s, gas stations, and anywhere else where a credit card is used  in some manner. Below  you will find several news stories on the criminal use of skimmers for the purpose of gleaning credit card information followed by a short social media tweet that contains a link to a story on how you can spot a skimmer setup.

Credit-card skimmer found at local gas station | #TpromoCom #CreditCard #Skimmer #Police | Police say the skimmer was placed on fuel pump No. 4 at the Pruitt’s Shell on 1316 North State Highway 36 in Gatesville. Officials say a small circuit was placed on the card reader, saving numbers of any cars used at that fuel pump.

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Gas pump skimmer found in Cabot | #TpromoCom #Skimmer #CreditCard #Police | A victim reported purchasing gas from pump 3 on Monday and since then, he has been alerted by this card provider about several questionable charges on his account in Florida, according to the authorities.

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Blake Dowling: Navigating a minefield of new cyberthreats | #TpromoCom #CyberSecurity #Skimmer #CreditCard | And lest we forget … the skimming attacks taking place at gas stations all over the state. This week, I had an opportunity to sit down with Secretary of State Laurel Lee. We started the cybersecurity conversation with card skimming, leading into elections and how much the game has changed in the past 10 years.

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Consumer Alert: FBI warns of online threat posed by ‘e-skimmers’ | #TpromoCom #FBI #skimmer #CreditCard | E-skimmers are lines of computer code that hackers can insert into online shopping carts on websites. They’re akin to the physical skimmers that can be lurking inside ATMs or at gas pumps, ready to steal the financial information of unsuspecting users.

To read the remainder of this news article, Click Here!

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How To Spot And Avoid Card Skimmers At The Gas Pump | #TpromoCom #creditcard #credit #scam | See how to spot credit card skimmers and learn simple steps you can take to avoid becoming a victim. Click Here!

And last but not least, here’s more past news with regards to Credit Card Skimmers found on this news blog: Click Here!

Risk of heightened cyber crime on “as a service” models

Risk of heightened cyber crime on “as a service” models | #TpromoCom #Cyber #CyberSecurity #CyberCrime | Cipulse 2020, is the annual threat landscape report from Cyberint a provider of threat intelligence-led detection.  

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It reveals the growing e-crime economy, the increasing prevalence of attacks in the financial services, retail, and government sectors, and in-depth analyses of adversarial tactics, techniques, and procedures (TTPs) used against the different regions and industries.

According to the Cyberint the financial industry is the most targeted industry worldwide, accounting for more than one third of all targeted attacks, and the retail industry is the third most targeted worldwide, behind manufacturing in the Americas and government targets in APAC and EMEA.

Banking trojans top the most prevalent malware families observed during 2019, and the volume of attacks is increasing due to the sale of “As a Service” platforms allowing less sophisticated attackers access to more complex tools for as low as several US dollars a month.

To read the remainder of this news article, click here.

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Traditional and mobile PERS revenue to be approximately $1.1 billion in the US by 2024

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Traditional and mobile PERS revenue to be approximately $1.1 billion in the US by 2024 | #TpromoCom #PERS #Trend | January 21, 2020 — New industry report highlights sensor-based solutions and emerging alternative devices with emergency response capabilities.

New research from Parks Associates estimates more than 5 million consumers in the US will own PERS devices by 2024. Enabling Independence: Connected Solutions for seniors and Caregivers forecasts traditional and mobile PERS revenue will reach $1.1 billion in the same year.

The report Enabling Independence: Connected Solutions for Seniors and Caregivers assesses the aging with independence market, with particular focus on the personal emergency response system (PERS) market. It profiles leading efforts from service providers and product manufacturers, examines business models and partnership requirements, and includes a five-year forecast of PERS and sensor-based independent living solutions for seniors at home.

“Traditional PERS and mobile PERS (mPERS) devices remain at the forefront, but home sensor-based systems are gaining prominence among device manufacturers and service providers,” said Lindsay Gafford, Research Analyst, Parks Associates. “Future PERS growth or decline will be largely dependent on adoption of alternative devices and home sensor-based systems.”

Alternative devices with emergency response capabilities—such as mobile phones, smart watches, smart speakers, and residential security systems—are competing with legacy PERS devices in the senior assistive technology market. Some industry players are taking advantage of the widespread penetration of these devices and finding ways to integrate more robust emergency response technology into the devices already in consumers’ homes, while others are utilizing these form factors to develop new PERS-specific solutions that appeal to a broader consumer base and encourage adoption.

“Industry players are all looking to encourage more proactive purchasing earlier in a senior’s life, before an emergency occurs,” Gafford said. “The vast majority of seniors want to stay in their own home for as long as possible, so companies can focus their messaging on senior empowerment, highlighting how the solution enables the ability to live independently at home for as long as possible, with stylistic designs that do not carry the stigma of first-generation solutions.”

Additional research findings:

Eighteen percent of US broadband households are ages 65+. This percentage equates to nearly 19 million households and is expected to nearly double by the year 2050.

Among seniors in US broadband households, 4% report owning a PERS device.

Twenty percent of US broadband households identify themselves as current or future caregivers of a senior. This equates to nearly 20 million households.

For more information about Enabling Independence: Connected Solutions for Seniors and Caregivers, contact sales@parksassociates.com. To schedule an interview with an analyst or to request specific research data, please contact Elizabeth Parks at eparks@parksassociates.com, 972-996-0202.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company’s expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Smart Energy Summit: Engaging the Consumer, Connected Health Summit: Engaging Consumers, and Future of Video: OTT, Pay TV, and Digital Media. www.parksassociates.com

Microchip Joins Responsible Business Alliance (RBA) – the Global Industry Coalition Dedicated to Corporate Social Responsibility

Microchip logo (image)Microchip Joins Responsible Business Alliance (RBA) – the Global Industry Coalition Dedicated to Corporate Social Responsibility | #TpromoCom #Microchip #Security #Financial #Health | Microchip Technology Inc. has joined the Responsible Business Alliance (RBA), a nonprofit coalition of companies.

CHANDLER, Ariz., Jan. 16, 2020 (GLOBE NEWSWIRE) — Microchip Technology Inc. (Nasdaq: MCHP) today announced it has joined the Responsible Business Alliance (RBA), a nonprofit coalition of companies dedicated to the improvement of social, environmental and ethical conditions in their global supply chains.

The RBA Code of Conduct is a set of social, environmental and ethical industry standards. The standards set out in the Code of Conduct reference international norms and standards including but not limited to the Universal Declaration of Human Rights, ILO International Labor Standards, OECD Guidelines for Multinational Enterprises plus ISO and SA standards.

Call TpromoCom for web design and content (image)“With the principles of corporate social responsibility as a fundamental part of Microchip’s DNA, we remain committed in every aspect of our business and operations to advancing human rights, ethics and health and safety worldwide,” said Ganesh Moorthy, president and chief operating officer. “Along with RBA member companies, we align under a set of common values that send a clear message of commitment to the global supply base and to our customers.”

Founded in 2004, the RBA and its initiatives have nearly 400 company members committed to improving conditions in global supply chains; including safe working conditions and ethical labor practices.

Microchip’s values and operating principles including its Code of Business Conduct and Ethics, certifications, sustainability reporting and other standards are reflected in the company’s practices and actions of employees worldwide. Microchip is committed to aligning with organizations and companies worldwide to advocate for principals regarding workforce and labor standards, human rights, sustainability and anti-corruption.

About Microchip Technology
Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company’s solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.


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Piracy and account sharing cost US pay-TV and OTT operators more than $9 billion in 2019

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Piracy and account sharing cost US pay-TV and OTT operators more than $9 billion in 2019 and forecasted to reach $66 billion worldwide by 2022 | #TpromoCom #TV #Internet #Piracy | Industry report examines trends, business models, and best practices to identify and fight piracy

January 14, 2020 — A new Parks Associates report finds that the value of pirate video services accessed by pay-TV and non-pay-TV consumers will exceed $67 billion worldwide by 2023. Video Piracy: Ecosystem, Risks, and Impact estimates that if just 10% of pay-TV subscribers discontinued pay-TV services in favor of video delivered by pirates, the 2023 loss to those operators could approach $6 billion.

Video Piracy: Ecosystem, Risks, and Impact examines trends in content piracy and methods for stopping these emerging piracy methods and provides a five-year forecast for the impact of piracy on the video industry.  The report also includes real-world case studies about several piracy cases by entities which operate at an industrial scale. This report complements a 2019 Parks Associates report which estimated that of the $9.1 billion lost in 2019 to credential sharing by US video providers, 28% – or about $2.5 billion – was lost due to piracy.  This $2.5 billion loss is part of an $8.4 billion overall loss to piracy in North America.

The rest of the $8.4 billion was is attributed to other means, such as theft of video content from production, from distribution, from jail-broken consumer devices, and from hosting by other pirates,” said Steven Hawley, Contributing Analyst, Parks Associates, and Managing Director of Piracy Monitor.

The report finds most of the publicly acknowledged antipiracy efforts by US pay-TV operators currently focus on detecting and reducing credential sharing and account abuse. Credential sharing results in significant lost revenue to pay-TV operators; a Parks Associates survey of US broadband households determined 5% used someone else’s credentials to access a pay-TV service and 6% did so to access an online video service.

“More than 12.5 million pay-TV households accessed pirate video in the US in 2019, a low number compared to the Asia and Pacific region, where  there are many more users but lower ARPU,” said Elizabeth Parks, President, Parks Associates. “Video providers are carefully monitoring this threat and establishing dedicated teams and solutions to respond to piracy.”

“Credential sharing falls into two categories.  Most sharing is casual, with no intent to profit,” Hawley said. “But the bigger risk is from pirates that purchase large stolen consumer databases via the ‘Dark Web’ and use automation to discover penetrable end user accounts.”

For information on Video Piracy: Ecosystem, Risks, and Impact, contact sales@parksassociates.com. To schedule an interview with an analyst or to request specific research data, please contact Elizabeth Parks at eparks@parksassociates.com, 972-490-1113.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company’s expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Smart Energy Summit: Engaging the Consumer, Connected Health Summit: Engaging Consumers, and Future of Video: OTT, Pay TV, and Digital Media. www.parksassociates.com

About Piracy Monitor

Piracy Monitor is an independent informational resource for the Media and Entertainment industry and the business and technology communities that support it.  Its mission to inform readers about the piracy problem, how it happens, the damage it causes, what’s being done about it, and about countermeasures and practices that help reduce the associated risks.  Piracy Monitor consists of the Piracy Monitor E-Newsletter available by free subscription, the Piracy Monitor Web site, which provides a news feed, research resources and thought leadership from industry stake-holders. Piracy Monitor is supported by industry sponsors that share these concerns.  Piracy Monitor also publishes an annual category analysis report with quarterly updates.  https://piracymonitor.org.

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