Latest news with #ParksAssociates
Broadcast Pro
22-07-2025
- Business
- Broadcast Pro
Majority of sports viewers struggle with streaming issues: InterDigital
Nearly one-third (31%) of sports viewers aged 18 to 24 reported common streaming issues such as poor video quality, including freezing and buffering, while 25% cited insufficient bandwidth for high-quality streaming and 20% pointed to lag as a frequent problem. The sports media landscape is undergoing a major transformation as more viewers abandon traditional broadcast and cable in favour of streaming on digital platforms. However, streaming services still face significant technical hurdles, including latency and buffering, with over 57% of sports viewers reporting difficulties while watching live sports, according to a new report from wireless video and AI R&D company InterDigital and research firm Parks Associates. Titled Streaming Live Sports: Where Opportunity Meets Complexity, the report outlines how the sports media industry is evolving in response to changing consumer habits. Viewers now engage with sports through a wide array of formats, including subscription video-on-demand (SVOD), direct-to-consumer platforms, pay-per-view services, and even social media. However, over half of sports viewers still face issues like buffering, latency and poor video quality, raising concerns about the reliability of streaming services during live events. The shift in consumption patterns is particularly noticeable among younger audiences and sports enthusiasts. While traditional pay-TV subscriptions in the US dropped from 62% in Q1 2020 to 42% in Q1 2025, the average sports fan now spends $88 per month on streaming, significantly more than non-sports viewers. Notably, 40% of sports fans under 35 report watching games via social media platforms, and nearly half of female fans exclusively use streaming platforms to watch sports. The appeal of interactive features is also growing, with 32% of all sports viewers, rising to 57% among those aged 25 to 44, interested in placing bets through the same platform they watch games on. Despite the expanding digital reach, the report reveals critical performance issues: nearly one in five sports viewers cited poor video quality, and among those aged 18–24, buffering, lag and limited bandwidth were recurring problems. These technical shortcomings are particularly disruptive for younger audiences who favour immersive features like multi-angle views and real-time stats. To address these pain points, the report emphasises the need for more advanced video compression technologies. High-Efficiency Video Coding (HEVC) and the next-generation H.266/VVC standard are identified as key solutions, offering greater compression efficiency and better bandwidth usage for high-resolution and HDR content. These codecs are expected to improve the streaming of 4K and ultra-HD video, particularly on mobile networks. Lionel Oisel, Head of Video Labs, at InterDigital, said: 'Sports viewers should not have to deal with technical issues when watching their favorite sports teams. The broadcast and streaming ecosystem needs to work together to alleviate pain points or risk damaging their reputation for future events. While streaming services need to think holistically about the challenges that come with live video streams, more advanced video codecs can significantly reduce buffering and latency and improve the overall user experience.' Michael Goodman, Senior Analyst, Parks Associates, added: 'The sports media landscape is transforming, as sports programming transitions from traditional broadcast and cable networks to streaming. Sports fans now have more ways than ever to engage with their favorite teams or sports. Many niche sports and out-of-market matches, previously unavailable, are now easily accessible, which can expand the sports audience, and providers have new opportunities to engage viewers in interactive activities, such as multicasts, live chats, and in-game betting, provided the experience is easy and seamless.' As live sports continue to migrate online, the challenge ahead for the industry will be balancing innovation and accessibility with the quality and stability fans expect.
Yahoo
11-06-2025
- Business
- Yahoo
Parks Associates: More than 14 million US Internet Households Use Assistive Technologies and Independent Living Solutions
Virtual session in partnership with Becklar examines how AI-driven monitoring and connected platforms are enhancing safety, efficiency, and care outcomes DALLAS, June 11, 2025 /PRNewswire/ -- Parks Associates will host the virtual session "Transforming Safety for People, Workers, and Property at Home and Senior Living Centers" on June 12 at 12 PM CT, in partnership with Becklar and as part of the firm's Connected Health Summit event series. Experts in healthcare technology design, deployment, and financing will discuss the new connected devices and AI-driven monitoring solutions and analytics that help caregivers and patients anticipate risks, reduce unnecessary hospital visits, and improve response times. The twelfth annual Connected Health Summit, sponsored by Becklar, Calix, Cognitive Systems, and Silicon Labs, focuses on health tech and innovations to enhance health lifestyles. Speakers in the June 12 roundtable session will address how senior living communities and home healthcare workers can offer smarter, more connected environments that prioritize both safety and quality of life. "The future of care isn't just responsive—it's predictive, personal, and rooted in trust," said Elizabeth Parks, President and CMO, Parks Associates, who will moderate the session. "Technology must empower, not overwhelm, those who rely on it." Session speakers: Brock Winzeler, President Personal Health and Safety, Becklar Dee Dunn, VP of Home Health and Hospice Operations, Rocky Mountain Care Marc Gevers, Director of IT, Common Sail Investment Group Spencer Moore, Senior Vice President, Safety & Business Development, Becklar Rick Taylor, EVP, Sentrics "The number of connected devices grows daily. They are where we live, work, and play. At Becklar, we create market-leading devices and solutions, collaborating with our partners to unify and manage signals from these endpoints to improve the safety and wellbeing of people, their property, and workers," said Brock Winzeler, President, Becklar. "We are always innovating to apply these solutions to new markets and use cases." The US Census Bureau projects that 73 million people, 17% of the total population, will be 65 or older by 2030. In addition, there will be more than nine million adults aged 85 or older, the age group most likely to need assisted living. According to Parks Associates, more than 14 million US internet households have utilized assistive living solutions—such as personal emergency response systems (PERS), medical alert systems, or smart home technologies—and 54% now own a connected health device, reflecting a significant shift toward proactive safety and wellness tools that support aging in place. In addition, 55% of security system households use a personal or wearable safety system. Registration for this June 12 virtual session is free. schedule an interview with an analyst or to request specific data, please contact Mindi Sue Sternblitz-Rubenstein, 972-490-1113. About Connected Health Summit: Consumer Engagement and Innovation Connected Health Summit: Consumer Engagement and Innovation is a virtual executive conference focused on the impact of connected devices and IoT healthcare solutions on consumers at home. The Connected Health Summit provides insights into new business models, IoT technologies, consumer behaviors, and deployments relevant to consumer healthcare solutions. The conference addresses opportunities for new solutions, including smart home platforms, on-demand services, voice assistants, and wearables, to empower consumers, caregivers, and providers and to meet the growing demand for services in independent living, chronic care management, remote access to care, and wellness and fitness. Follow Parks Associates on LinkedIn, Facebook, and Instagram. Mindi Sue Sternblitz-RubensteinParks Associates972.490.1113396549@ View original content to download multimedia: SOURCE Parks Associates Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hospitality Net
09-06-2025
- Business
- Hospitality Net
Nomadix Launches Energy Management Solution to Reduce Properties' Operational Expenses and Enhance Sustainability
PLANO, Texas – June 9, 2025 —Nomadix® Inc., bringing connected experiences to life, today announced its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals. The Nomadix solution is one of the lowest cost-of-ownership offerings on the market, while also achieving a quick return on investment (ROI). Energy management systems (EMS) are high-impact investments that deliver proven value and a measurable ROI. In fact, for the hospitality and lodging industry, Energy Star's findings for heating and cooling show that 'EMS can enhance guest comfort while reducing energy costs by 35 to 45 percent.' Additionally, MDU properties, including military housing, senior living, and student accommodation, can expect OPEX savings up to 20 percent when implementing smart home devices such as EMS, according to Parks Associates research study, Smart Properties: the Value of IoT for MDUs. "Smart thermostats and energy management systems reflect what today's residents expect—simple, intuitive technology that delivers real value. They help reduce costs and support a more connected, responsive living experience,' said Elizabeth Parks, President of Parks Associates. 'Nomadix leveraged its expertise in digital security and cloud technologies to create an energy management solution that addresses many industry pain points for hotels,' said Jeff Johns, global vice president of EMS business development at Nomadix. 'The Nomadix Energy Management Solution targets the high cost of networking by eliminating extra on-premises equipment and extra networks that make these systems more complex to deploy and maintain.' 'In today's economic climate, multifamily owners and operators are focused on operational efficiencies,' said Sandy Jack, vice president of strategic relations - Multifamily at Nomadix and Vingcard. 'An EMS platform is one of the most effective investments to reduce costs and increase asset value.' Effective energy management is critical to enable properties to reduce power usage, combat rising utility costs and support sustainability goals, while simultaneously not adding complexity and labor requirements for staff. Compared to legacy energy systems that typically are more complicated, costly and often use offline thermostats, Nomadix prioritizes a digitally secure, cloud-native architecture that leverages existing IT infrastructure and eliminates the need for on-premise servers, extra hardware and proprietary networks to manage. Below are the highlights of the Nomadix Energy Management Solution: A modern thermostat with large, easy-to-use display and an HVAC controller that is securely connected to the Nomadix Cloud over the existing Wi-Fi infrastructure. Platform designed to meet energy efficiency building code requirements for hotels, multifamily, senior living and student housing projects. A cloud-native platform for centralized above-property device monitoring and control. It enables schedule and rule enforcement, over-the-air (OTA) firmware and setting updates, notifications, as well as analytics and reporting for smarter energy management. Dynamic controls from the Nomadix Cloud that can respond to changing conditions. This is done without the increased cost or complexity of storing this logic in the smart thermostat. Ability to leverage occupancy information through the property management system (PMS) and can optionally be expanded to deliver additional services. Modern smart wireless (Wi-Fi, Zigbee, BLE, NFC) thermostats and controllers that support connectivity with most HVAC systems and sensors, enabling efficient room-level energy control. Nomadix will showcase its new Energy Management Solution this week at Apartmentalize Las Vegas in booth #1466 and next week at HITEC Indianapolis in booth #3006. For more information, visit About Nomadix Nomadix, an ASSA ABLOY company, brings connected experiences to life. For over 25 years, Nomadix has been a trusted vendor to the world's largest brands, delivering powerful and personalized connectivity and digital engagement solutions designed with real people in mind. Providing the backbone of visitor-based networks and managed Wi-Fi to properties and venues of any size in over 150 countries, Nomadix enables companies to connect, manage and engage in ways that redefine their digital customer experiences, help them make better business decisions and increase customer lifetime value. For more information, visit Aubrey Coggins Director of Marketing
Business Wire
04-06-2025
- Business
- Business Wire
Parks Associates and SmartRent Whitepaper Dissects the Multi-Billion Dollar Impact of Energy Savings in Multifamily
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- SmartRent, Inc. (NYSE: SMRT) ('SmartRent' or the 'Company'), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced the release of a Parks Associates whitepaper, Growing Multifamily Value Through Smart Energy Savings, conducted through a collaboration with SmartRent. The whitepaper highlights how multifamily communities have successfully reduced energy and water utility costs by nearly 20% through integrated smart technologies. As multifamily operators face escalating operational pressures, from rising expenses to stringent local ESG requirements, this whitepaper provides timely insights and actionable strategies for achieving substantial financial and operational efficiencies. "Through real-time monitoring and data insights, these systems enable property staff to manage energy usage more efficiently, reduce waste, and proactively manage maintenance needs before they become costly issues,' said Elizabeth Parks, President and CMO. The data-rich whitepaper shares actual utility decreases experienced by multifamily communities equipped with smart home packages. Data from a Parks Associates 2021 study found that properties expected smart devices to reduce the cost of energy and water utilities by 9%-12% on average. In the follow-up study in 2024, Parks Associates found that multifamily owners and operators reported a real reduction in energy and water costs of 18%-19%. On a broader spectrum, the American Council for an Energy Efficient Economy (ACEEE) reported that multifamily properties stand to save an estimated $3.4B in total utility costs (or 15%-30% annually) by adopting smarter energy strategies. Multifamily operators have reported direct operational savings ranging from hundreds of thousands to millions annually by reducing labor costs, improving disaster mitigation and lowering energy consumption. In addition to discussing the cost-saving improvements achieved through smart energy deployments, the whitepaper examines the evolution of smart technologies — from consumer-grade products to integrated IoT solutions and real-time dashboards. It details how innovations including smart thermostats, lighting and electrical outlets, humidity sensors, hubs and leak detectors, can reduce energy consumption, mitigate disaster-related damage and lower labor costs. The whitepaper also highlights the opportunity for multifamily owners and operators to improve NOI through streamlined operations and appeal to environmentally motivated renters and investors. 'Most people are aware of mainstream energy-saving solutions like smart thermostats, but this whitepaper lays out the often-untapped potential of a connected smart home ecosystem,' said Braeden Scheer, Vice President of Product Management for SmartRent. 'The ability to monitor and manage energy consumption across a community or entire portfolio, and leverage AI to refine energy practices, transforms utility spending into profound cost savings. Parks Associates does an exceptional job of punctuating the value of smart home initiatives and outlining the technology strategies that multifamily leaders should deploy to optimize property performance.' The whitepaper touches on the marketability of smart home implementations as a significant performance driver, as well. While many renters seek communities with a pool or fitness center, others prioritize energy efficiency and environmental responsibility. Likewise, multifamily investors value streamlined, sustainable processes and their NOI-generating potential. As the whitepaper dissects at length, a proactive approach to energy management paints communities in a favorable light. Multifamily communities are currently navigating significant market pressures, including rising energy prices, shifting rental demand and increasing state-level ESG reporting requirements. There has never been a more critical time to adopt smart energy solutions. The whitepaper emphasizes how strategic investment in integrated IoT platforms helps multifamily operators streamline compliance, enhance property appeal, and significantly boost operational performance. 'Connected technologies in today's multifamily market are no longer a luxury—they're an operational necessity. Through real-time monitoring and data insights, these systems enable property staff to manage energy usage more efficiently, reduce waste, and proactively manage maintenance needs before they become costly issues,' said Elizabeth Parks, President and CMO, Parks Associates. 'In addition, residents increasingly expect smart, sustainable living environments where comfort, control, and transparency are built in. Meeting these expectations increases tenant satisfaction and drives operational savings and eco-friendly responsibility across the lifetime of the property.' The benefits of energy efficiency in multifamily go well beyond utility savings. Understanding the opportunities afforded though connected smart home technologies is critical and laid out clearly by Parks Associates. To learn how your multifamily property can leverage these insights to immediately reduce expenses, boost NOI, and maintain compliance, download your complimentary copy of the whitepaper, Growing Multifamily Value Through Smart Energy Savings. To learn more about SmartRent, visit About SmartRent Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a leading provider of smart communities solutions and smart operations solutions to the rental housing industry. SmartRent's end-to-end enterprise ecosystem powers smarter living and working in rental housing by automating operations, protecting assets, reducing energy consumption, enhancing the resident experience and more. The Company's differentiators - purpose-built software and hardware, and end-to-end implementation and support - create an exceptional experience, with 15 of the top 20 multifamily operators and millions of users leveraging SMRT solutions daily. For more information, please visit
Yahoo
04-06-2025
- Business
- Yahoo
Parks Associates and SmartRent Whitepaper Dissects the Multi-Billion Dollar Impact of Energy Savings in Multifamily
Resource reveals multifamily operators can achieve nearly 20% reduction in energy costs through smart technology SCOTTSDALE, Ariz., June 04, 2025--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) ("SmartRent" or the "Company"), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced the release of a Parks Associates whitepaper, Growing Multifamily Value Through Smart Energy Savings, conducted through a collaboration with SmartRent. The whitepaper highlights how multifamily communities have successfully reduced energy and water utility costs by nearly 20% through integrated smart technologies. As multifamily operators face escalating operational pressures, from rising expenses to stringent local ESG requirements, this whitepaper provides timely insights and actionable strategies for achieving substantial financial and operational efficiencies. The data-rich whitepaper shares actual utility decreases experienced by multifamily communities equipped with smart home packages. Data from a Parks Associates 2021 study found that properties expected smart devices to reduce the cost of energy and water utilities by 9%-12% on average. In the follow-up study in 2024, Parks Associates found that multifamily owners and operators reported a real reduction in energy and water costs of 18%-19%. On a broader spectrum, the American Council for an Energy Efficient Economy (ACEEE) reported that multifamily properties stand to save an estimated $3.4B in total utility costs (or 15%-30% annually) by adopting smarter energy strategies. Multifamily operators have reported direct operational savings ranging from hundreds of thousands to millions annually by reducing labor costs, improving disaster mitigation and lowering energy consumption. In addition to discussing the cost-saving improvements achieved through smart energy deployments, the whitepaper examines the evolution of smart technologies — from consumer-grade products to integrated IoT solutions and real-time dashboards. It details how innovations including smart thermostats, lighting and electrical outlets, humidity sensors, hubs and leak detectors, can reduce energy consumption, mitigate disaster-related damage and lower labor costs. The whitepaper also highlights the opportunity for multifamily owners and operators to improve NOI through streamlined operations and appeal to environmentally motivated renters and investors. "Most people are aware of mainstream energy-saving solutions like smart thermostats, but this whitepaper lays out the often-untapped potential of a connected smart home ecosystem," said Braeden Scheer, Vice President of Product Management for SmartRent. "The ability to monitor and manage energy consumption across a community or entire portfolio, and leverage AI to refine energy practices, transforms utility spending into profound cost savings. Parks Associates does an exceptional job of punctuating the value of smart home initiatives and outlining the technology strategies that multifamily leaders should deploy to optimize property performance." The whitepaper touches on the marketability of smart home implementations as a significant performance driver, as well. While many renters seek communities with a pool or fitness center, others prioritize energy efficiency and environmental responsibility. Likewise, multifamily investors value streamlined, sustainable processes and their NOI-generating potential. As the whitepaper dissects at length, a proactive approach to energy management paints communities in a favorable light. Multifamily communities are currently navigating significant market pressures, including rising energy prices, shifting rental demand and increasing state-level ESG reporting requirements. There has never been a more critical time to adopt smart energy solutions. The whitepaper emphasizes how strategic investment in integrated IoT platforms helps multifamily operators streamline compliance, enhance property appeal, and significantly boost operational performance. "Connected technologies in today's multifamily market are no longer a luxury—they're an operational necessity. Through real-time monitoring and data insights, these systems enable property staff to manage energy usage more efficiently, reduce waste, and proactively manage maintenance needs before they become costly issues," said Elizabeth Parks, President and CMO, Parks Associates. "In addition, residents increasingly expect smart, sustainable living environments where comfort, control, and transparency are built in. Meeting these expectations increases tenant satisfaction and drives operational savings and eco-friendly responsibility across the lifetime of the property." The benefits of energy efficiency in multifamily go well beyond utility savings. Understanding the opportunities afforded though connected smart home technologies is critical and laid out clearly by Parks Associates. To learn how your multifamily property can leverage these insights to immediately reduce expenses, boost NOI, and maintain compliance, download your complimentary copy of the whitepaper, Growing Multifamily Value Through Smart Energy Savings. To learn more about SmartRent, visit About SmartRent Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a leading provider of smart communities solutions and smart operations solutions to the rental housing industry. SmartRent's end-to-end enterprise ecosystem powers smarter living and working in rental housing by automating operations, protecting assets, reducing energy consumption, enhancing the resident experience and more. The Company's differentiators - purpose-built software and hardware, and end-to-end implementation and support - create an exceptional experience, with 15 of the top 20 multifamily operators and millions of users leveraging SMRT solutions daily. For more information, please visit View source version on Contacts Media Contact Amanda Chavez - Vice President, Marketing and Communicationsmedia@ Sign in to access your portfolio
