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Lynx Technology to Present at CONNECTIONS™ Summit: IoT, Entertainment, and the Connected Consumer at CES® 2016

SAN DIEGO, Dec. 21, 2015 (GLOBE NEWSWIRE) -- Lynx Technology today announced that CEO John Driver is participating as a speaker at Parks Associates’ tenth annual CONNECTIONS™ Summit at CES® 2016, scheduled January 6-7 in Las Vegas. Lynx Technology enables the best rich media experience for the products and services offered by consumer electronics companies, service providers and content providers in North America, Europe and Asia.

Driver will participate in a 75-minute main stage session entitled, “Cloud-based CE and Virtualization: Converging Video Services”, scheduled on Wednesday, January 6 at 1:10 PM local time at the Venetian Hotel in Las Vegas.

The interactive panel session, moderated by Brett Sappington, Director of Research for Parks Associates, examines changes in CPE product design and deployment as the OTT, broadcast, and pay-TV worlds converge in a virtual space.

As the CEO of Lynx Technology, the developers of the industry-leading Twonky platform, Driver will be addressing the importance of interoperability and content protection as necessary components of enabling rich media experiences across platforms and devices.

CONNECTIONS™ Summit features groundbreaking research and expert analysis on connected devices and IoT, data privacy and security, monetization strategies, and partnerships and technology integration for IoT products and services. The event also offers networking opportunities with the leading analysts and senior executives in the connected home and IoT industries.

Consider the following Parks Associates research, all of which will have bearing and relevance to the speaker presentations on January 6:

  • 59% of U.S. broadband households subscribe to an OTT video service.
  • 14% of U.S. broadband households plan to buy a streaming media device in the next 12 months.
  • 43% of subscribers do not know their current broadband speed, but they do know about the experience that they have online, particularly as it relates to accessing and enjoying digital media.
  • 10% of U.S. broadband households intend to purchase a wearable camera or camcorder by mid 2016.

“The industry trends and changing consumer habits examined during the Parks CONNECTIONS Summit provide valuable insights into the connected home and the emerging smart home markets,” said Driver. “In addition to a wealth of relevant industry data shared by Parks with the attendees, I value the opportunity to hear first-hand about the challenges and opportunities other industry executives are seeing.”

CONNECTIONS™ Summit focuses on consumer and industry trends, new business models and technologies, and growth opportunities for companies developing products and services for the digital home. Sessions will address connected devices, next-generation TV services and streaming media, IoT and smart home technologies, and consumer tech support.

“Privacy, interoperability, and value are among the key issues the industry needs to address in order to maintain the growth of the connected home. Consumers must clearly see the personal benefit of connected products and services today, and they must believe that the chosen vendor will provide them with additional benefits down the road,” said Stuart Sikes, President, Parks Associates. “We are excited to hear from Lynx Technology about their contributions to the evolving connected home ecosystem.”

CONNECTIONSTM Summit will take place Wednesday, January 6, through Thursday, January 7, at CES® 2016 in the Venetian Hotel, Level 4, Room Marcello 4501. A networking reception will immediately follow the event on Wednesday, January 6. For information about CONNECTIONS™ Summit, contact sales@parksassociates.com or call 972-490-1113 or visit www.connectionssummit.com. To register for the event, go to www.cesweb.org.

For further information, please contact:

About Lynx Technology

Lynx Technology is the most advanced and trusted digital media solution provider in the industry. Partnering with us helps companies differentiate their products, seize the growing consumer demand for the connected home, and reduce customer attrition by adding compelling value to products and services. With Lynx Technology, Service Providers, Consumer Electronics companies and Content Providers have a digital media solution partner with extensive global experience and that can deliver on large and complex media solution projects, reliably, securely, and with a vision for helping create the digital world of the future.

Lynx Technology is based in San Diego, California and has offices in Berlin, Germany; and Tampere, Finland. We serve customers across North America, Europe and Asia. Lynx Technology is the DBA name of San Diego-based J.M. Driver, LLC. To learn more, please visit www.lynxtechnology.com.

About CONNECTIONS™ Summit at CES

CONNECTIONS™ Summit at CES is an annual research and industry event hosted by international research firm Parks Associates at CES in Las Vegas. The executive event features two days of panel discussions on the smart home, Internet of Things (IoT), and connected entertainment, with trends and implications for connected consumers and opportunities for companies to build new revenues and innovative business models.

The 2016 CONNECTIONS™ Summit will take place January 6-7 during CES, which runs January 6-9 in Las Vegas. Follow the event on Twitter at @CONN_Summit.

For information about CONNECTIONS™, contact sales@parksassociates.com or call 972-490-1113 or visit www.connectionssummit.com.

Source: Lynx Technology