Strategy in TECH...
The Custom Electronic Design and Installation Association (CEDIA) released new preliminary market data at their Expo held earlier this month – in a decidedly more optimistic presentation than in past years. Erica Shonkwiler, CEDIA’s Market Research Manager, was obviously pleased with the data she was to share with the media – and she conveyed an optimism that appears to be due to the new data showing an upturn in CEDIA members’ business results.
At the CEDIA Expo earlier this month, Crestron surprised many in the integration community by offering a new, friendly, easy-to-program and easy-to-use, app-driven home automation system they call Pyng. In fact, at a presentation to the press during CEDIA Expo earlier this month, Crestron staff referred to Pyng as “the app for your home.”
Pioneer surprised everyone back in June of this year when word came that it had decided to sell its AV business to Onkyo Corp. and a private equity company. But actually, the gears for this and other deals were set in motion last year when the company launched a new strategic plan to focus on their core business – car electronics, their largest and most profitable division.
This week the Custom Electronic Design & Installation Association (CEDIA) announced the attendance figures and other pertinent data from last week’s Expo trade show in Denver, CO. The association justifiably crowed about attendance growth as it apparently continues to move up from the post-2007 recession trough which had painful consequences for both the association and its members (not to mention the US consumer).
One of the bigger stories in our industry is Dolby Labs introduction of a new surround sound system they call Dolby Atmos. Launched at CE Week in New York City this past June, Atmos has already attracted a number of predominantly electronics manufacturers supporting the system in their latest models. Now the selection of Atmos products expands with new product introductions by both Triad Speakers and Atlantic Technology.
The Custom Electronic Design and Installation Association (CEDIA) said today that their annual tradeshow – the EXPO, taking place next month in Denver – will have over 150 exhibitors launching new products or introducing their businesses to the industry for the first time. Saying these companies “choose CEDIA EXPO as their launch point,” the trade group says that new product launches have already been announced in wireless audio, motion sensors, lighting solutions, TV & control mounts, and keyless entry.
Someone (even Google can’t tell me who) once said “Nothing is new, only rediscovered.”
Case in point: Dolby Atmos, now being touted as the Next Big Thing in surround sound technology. [See A Deeper Dive into Dolby Atmos and Atmos Attacks at CE Week] The two most definable points that are said to differentiate Atmos from earlier surround formats (height information and “sound objects”) are, in reality, surprisingly mature approaches to multi-dimensional sound reproduction.
A Who’s Who collection of significant panel and display manufacturers in Japan says they will collectively invest ¥20 billion ($193 million) into a test production line for OLED panels using a new manufacturing process that promises to move the industry closer to mass production of what many feel is the next-generation video technology. If all goes well, the consortium will be mass-producing large quantities of relatively inexpensive OLED panels by 2018.
When Belden bought PPC at the end of 2012, Eric Bodley thought this was going to be great news for both PPC and its Perfect Path line, where since 2009 he had led the charge in establishing the cable and satellite connector company’s locking HDMI connectors into the custom integration channel. And while he would argue that this acquisition by Belden was, in fact, a good thing for PPC, he soon came to realize that there was a challenge for him that was difficult to address.
The Consumer Electronics Association (CEA) maintains a semi-annually updated forecast for all major categories of consumer electronics and has announced the results of their latest update for July saying the industry will hit another new high watermark in industry-wide sales. In a minor revision of their initial January 2014 forecast, the CEA now says total industry shipments in dollars will total $211.3 billion.
