FREE Webcast: Enabling the Home Area Network

Join Parks Associates and the Z-Wave Alliance on Thursday, February 17th at 2 pm CENTRAL for the webcast, Enabling the Home Area Network: Solutions that work for Consumers and Utilities, and learn about the market outlook for residential energy management (REM) products and services.

Parks Associates research finds:
-- By 2015, less than 5% of U.S. households will have a utility-based home area network (HAN).
-- By 2022, that number will grow to almost 40%.

Registration:
http://www.parksassociates.com/events/webcasts/2011/webcasts_sigma.htm

Presenters include:
-- Bill Ablondi, Director, Home Systems Research, Parks Associates
-- Dan Goodman, CTO, Radio Thermostat Company of America
-- Letha McLaren, Vice President of Product Management, iControl Networks
-- Steve Samolinski, Director of Solution Management, Connected Home Solutions, Ingersoll Rand

The interactive panel discussion includes industry executives from leading-edge companies and utilities as they examine the latest innovative solutions and share their perspectives on the key trends and opportunities in 2011. Attendees will learn what to watch in 2011 and what to expect from both consumers and business as this growing market continues to expand into the home.

Motorola enters the connected home market through the acquisition of 4Home

Connected home platform developer 4Home was acquired by Motorola today (12/01/10). 4Home will now become a part of Motorola’s Mobility division; terms of the deal have not yet been announced.

4Home’s solutions include energy management, healthcare monitoring, home security monitoring and entertainment management. 4Home, a Sunnyvale, CA based company, was founded in 2005 and has been a regular participant at Parks Associates’ CONNECTIONS conference. To date the company has raised over $9 million in venture capital funding from Pond Ventures, Parker Price and Verizon Ventures.

Motorola is one of the leading Set-Top-Box (STB) brands and we predict that 4Home’s platform will be embedded on their (Motorola’s) STBs enhancing the company’s offering. We expect more details on the deal to be available soon.

In our opinion this is another great example of a market mover, such as Motorola, building the foundation for the connected home systems and services market to blossom. We have repeatedly stated that there are multiple paths to the connected home. 4Home developed a robust platform and Motorola is well-positioned to deploy it. Other recent examples of companies with market clout getting behind the connected home solutions include cable MSOs Comcast and Rogers, both deploying services based on the iControl/uControl (a recent merger) platform(s).

The bottom line for industry participants is that these firms, and others we expect to hear from shortly, will build awareness of the capabilities monitoring and control technologies can add to consumers’ lifestyles. 2011 is shaping up to be an exciting year for the connected home systems and services market. So much so, that we are formulating a new market intelligence program aimed at characterizing and quantifying opportunities in this arena for manufacturers, service providers, utilities, retailers and a host of technology enablers. Stay tuned

Energy management networks forecasted to be in over 9 million US households by 2014

Parks Associates' report Residential Energy Management: Forecasts for the Deployment of AMI and the Adoption of Energy-saving Products and Services finds over 80% of U.S. consumers are interested in reducing expenditures on energy consumption and willing to pay for cost-saving solutions. Cost-saving products and services that generate consumer interest include programmable thermostats, energy monitors and systems enhanced with energy-management capabilities, smart appliances, and energy-efficient CE systems.

However, the amount consumers are willing to spend does not cover the costs of required systems, creating a need for innovative business models that will enable a new energy management service industry.

Utility-based home area networks (HANs) are only one of several options for these solutions and services to enter the consumer market. By 2013, iREMs will outnumber utility-based HANs. By 2014, the vast majority of the nine million U.S. households with an energy management system will have an iREM. Engaging consumers is critical to success in this market. Business strategies must be developed that comprehend the magnitude of consumer education and support required for offerings in this arena.

U.S. Department of Commerce, Austin Energy to keynote Smart Energy Summit

International research firm Parks Associates announced executives from Austin Energy and the National Institute of Standards and Technology (NIST) will keynote the Smart Energy Summit: Engaging the Consumer. The two keynotes provide unique perspectives from business and governmental sides of the residential energy management (REM) industry, offering expert insight on successful deployment strategies and the impact of U.S. funding for smart grid projects.

Recently, the Department of Energy (DOE) announced over $3 billion in funding for smart grid projects, with matching private-sector funds pushing the total over $8 billion. This funding has implications for technology developers, utilities, and end users, and today there is the right mix of government incentive, competition, and societal pressure to make smart energy solutions viable.

Dr. George W. Arnold, National Coordinator for Smart Grid Interoperability, NIST, U.S. Department of Commerce, will be the luncheon keynote on Tuesday, January 26. He will provide insight into government initiatives for promoting smart grid projects.

Andres Carvallo, CIO, Austin Energy, will present the morning keynote “A New Journey: Utility 2.0” on January 26. He will share his vision of the utility of the future, informed by his company’s experiences developing and deploying its Smart Grid. Mr. Carvallo will also highlight new business models and technologies designed to transform consumers into “prosumers” - producers and consumers all in one.

For more information, visit www.energysmartsummit2010.com

Smart Energy Summit addresses emerging market for in-home energy management devices and services

Parks Associates to host Residential Energy Management event in Austin

International research firm Parks Associates announced plans to host the inaugural Smart Energy Summit: Engaging the Consumer, in cooperation with Austin Energy, on January 25-27, 2010. The event will feature expert speakers and analysts discussing the latest developments in residential energy management (REM) and the successful strategies capable of engaging consumers in new programs for energy conservation and cost savings.

The event, taking place at the Hyatt Regency in Austin, Texas, will feature market research from Parks Associates’ landmark Residential Energy Management service and real-world expertise derived from Austin Energy's Smart Grid, the largest working Smart Grid in the U.S.

Government initiatives and stimulus funds have stoked demand for REM technologies with their emphasis on energy conservation and greater efficiency in the home. Already over six percent of all U.S. meters are smart meters, and many U.S. utilities are announcing new deployments and pilot programs, which will push the number of smart meters to almost 50 million by 2012. This event identifies the business opportunities for in-home energy monitoring and management systems, accelerated by deployment of energy smart grids.

Early sponsors for Smart Energy Summit include Exceptional Innovation and OpenPeak. Andres Carvallo, CIO, Austin Energy, will present a keynote detailing his company’s experiences in developing and deploying its Smart Grid.

The event agenda will focus on the roadmap for the emerging in-home energy management technology market, offering consumer and industry research and strategic insight:

• Current status of REM and Smart Grid technologies
• Consumer interest in REM solutions
• Engaging the consumer: Strategies and tactics to communicate benefits successfully
• Leveraging applications: Think energy … and more
• Impact of government stimulus and green initiatives
• Technical and business requirements for succeeding in REM
• Business strategies for utilities, manufacturers, installers, and service providers
• Unit and revenue forecasts for Smart Meters and REM residential solutions

For more information, or to submit to speak at the event, visit www.smartenergysummit2010.com.

Over Eight Million Smart Meters Deployed in U.S., with Millions More to Come

Report profiles key players in Residential Energy Management, analyzes new opportunities for companies in the Smart Grid value chain--

With over eight million smart meters already deployed in the U.S., the market for residential energy management (REM) has taken the first significant steps in deploying Smart Grid technologies and advanced meter infrastructure (AMI) on a broad scale.

The recently completed report, Residential Energy Management: Company, Alliance & Technology Profiles, says these deployments will open up significant opportunities for companies in the REM value chain. Public, private, and consumer factors are all driving this growth, and the Federal stimulus bill, with the support of the Obama Administration, allocates $11 billion for smart grid initiatives through 2010.

Residential Energy Management: Company, Alliance & Technology Profiles provides coverage of more than 60 companies and ten alliances, including Home Area Network (HAN) solutions and component suppliers; metering solutions manufacturers; Smart Grid enablers; and technology enablers.

This report is the first deliverable in Parks Associates’ comprehensive industry and consumer research service called Residential Energy Management: Opportunities for Digital Systems and Services.

For the full press release, visit click here.