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"Part of what's motivating this is probably setting a higher global standard so wherever Amazon goes, they will be welcome by satisfying stringent local standards," said Brad Russell, vice president of Interpret, a global advisory company "There are a lot of big tech companies...
Brad Russell, a vice president at Interpret, a global advisory company, explained that device data in the smart home space is a lot different than personal identifying information "It's a lot harder for people to worry about a piece of data from their thermostat, water sensor,...
Artificial intelligence applied to healthcare includes a collection of technologies that enable machines to sense, interpret, act and learn. AI implementations for digital health can be relatively simple when they are focused largely on personal patient engagement, or vastly complex when working with big data sets, highly specialized diagnostics, and the workflows of multiple highly complicated organizations...
Consumers are becoming increasingly concerned about the hacking of their devices and data as they hear about more data breaches and have their own experiences with issues such as ransomware, identity theft and botnet attacks. ...
"A chime is usually an add-on extra, something you'd have to pay extra for," said Brad Russell, an analyst at Dallas, Texas-based Parks Associates, a market research and consulting company specializing in consumer technology products "August is trying to offer more value for l...
Annual sales of all connected home devices are expected to exceed 520 million units by 2022, based on Parks Associates forecasts. Specific use cases for artificial intelligence in the smart home will help drive adoption of new devices and services as intelligent outcomes increase product value. ...
Smart home and consumer Internet of Things solutions promise significant opportunities for the insurance industry in terms of reducing costs, alleviating risks, deepening customer engagement, and creating new services and revenue streams. There are many barriers ahead to overcome, but given the tremendous upside, insurance companies have begun attacking these challenges with a multi-tiered strategy...
The Sonos Sound Platform allows the company not only to serve its installed base better but also broaden its product portfolio, making its brand more attractive to high-end customers, said Brad Russell, an audio analyst at Dallas-based Parks Associates, a market research and consulting company specializing in consumer technology products...
Smart home and consumer Internet of Things solutions promise significant opportunities for the insurance industry in terms of reducing costs, alleviating risks, deepening customer engagement, and creating new services and revenue streams. There are many barriers ahead to overcome, but given the tremendous upside, insurance companies have begun attacking these challenges with a multi-tiered strategy...
Google's introduction of a "little brother" for its Home smart speaker is a much-expected move, said Brad Russell, a research analyst at Parks Associates "They need a low-cost entry point for consumers that aren't already in the space," he told TechNewsWorld....
"As the success of Echo and Google Home took off, everyone expected Apple to follow suit," said Brad Russell, a research analyst with Parks Associates Battle lines are being drawn over who will have the dominant voice technology in the home.
Continued innovation and messaging are crucial for smart safety and security device manufacturers that want to capitalize on new opportunities in the emerging Internet of Things. ...
One of Apple's historic strengths has been perceiving when and how to nudge the consumer market to accept new user interfaces, said Brad Russell, a research analyst at Parks Associates. "AirPods are major move forward for hearables, wireless audio technology and voice control...
Consumer interest in UAVs has been less than anticipated by the industry, and the Karma recall isn't going to improve that, observed Brad Russell, a research analyst with Parks Associates. Less than 5 percent of U.S. broadband households own a drone, and less than 4 percent s...
The massive amount of data available from connected devices creates an unprecedented opportunity for increased optimization of products and services -- and, consequently, revenue. The deep investment in big data gathering and analytics is fueled by an ability to create added value for companies based on actionable business insights, and to create added value for consumers by providing lifestyle benefits...
Internet of Things cloud platforms offer device makers and companies the opportunity to greatly expand the value of products and services. These devices are reshaping the value chain by altering product design and development, manufacturing, marketing, supply chain management and service after the sale. They also generate new support activities, such as product data analytics and security...
Phantom Gold is a high-end product aimed at a high-end market that's been known for extremes, said Brad Russell, an audio analyst with Parks Associates "The high-end audiophile market has always been about extremes," he told TechNewsWorld. "It's about owning extreme technology...
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