Amid IoT ecosystem platforms, Nest from Nest Labs (subsidiary of Alphabet Inc.) is a mature and well known brand. It was acquired by Google (now Alphabet) in 2014 for $3.2 billion and has expanding its functionality ever since. According to the research firm Parks Associates, nearly 20 percent of U.S. broadband households have at least one IoT device and it is expected that by 2025 66 percent will have at least one smart product. That’s a lot of room for ecosystems such as Nest to grow into.
From the article "Arrayent Connects Developers To IoT Ecosystems With The EcoAdaptor For Nest" by Kyt Dotson.
Elizabeth Parks, president of Parks Associates was quoted in USA Today this week as saying: “It’s a challenging time for service providers to make the money work. It makes sense that there will be a l...
Parks Associates has reported that smartwatch adoption has jumped by 35 percent in 2023. While smart technology combines aesthetics and function, there have been some new developments in the medical f...
According to a fresh report from Parks Associates, one in five U.S. households with internet access in the home possess a television antenna. At the same time, 12% of these households do not have a TV...
“It’s a challenging time for service providers to make the money work,” said Elizabeth Parks, president of Parks Associates. “It makes sense that there will be a lot of consolidation in the market. We...
