Although Nest is often touted as the most sophisticated smart-thermostat company, it is facing increased competition from other thermostat makers such as ecobee and Alarm.com that are bolstering their capabilities. Apple also recently stopped selling the Nest thermostat as it looks to attract customers to its own HomeKit platform.
But the market is still growing rapidly. By the end of this year, smart thermostats will make up the majority of all thermostat sales in the U.S., according to Parks Associates.
The latest Nest thermostat has the same integration with Nest’s smoke alarm and camera as did previous iterations. Features include shutting off heating systems if the Protect senses carbon monoxide in the house and turning the Nest Cam on when the thermostat is put into away mode.
From the article "Nest Unveils Its Third-Generation Thermostat Amid Increasing Competition" by Katherine Tweed.
The major concern for cyber security companies like Synamedia is how password sharing can turn into true content piracy ? stealing streaming shows and movies and reselling them for profit. If you k...
With the purchase, Otter Media ranks as one of the most valuable media upstarts of the last decade, said Brett Sappington, senior director of research at Parks Associates, a firm that focuses on emerg...
“Pay-TV providers want to retain subscribers, so they want to make sure that you stay inside their ecosystem,” says Brett Sappington, a media analyst at Parks Associates. “If you don’t have a reason t...
Using its OTT Video Market Tracker tool, Parks Associates has found that the number of OTT services in the United States has reached nearly 300. The firm said the total is more than double the amou...
