Strategy in TECH...
Crestron Electronics, Inc. (Crestron) announced today a firmware update that adds Spotify Connect to its growing selection of streaming music services available through its recently-launched DM NAX 8-Zone Network Streaming Amplifier. With Spotify Connect in the DM NAX’s firmware, users get “an elevated music experience” the company says, with control available directly through the Spotify music service or via any Crestron interface.
For the last two and a half years, many industries have struggled with supply chain issues – especially Tech. During that period of time, I’ve heard over and over from integrators who were furious at one company or another for failing to deliver on their open orders. I’ve heard expletives hurled at pretty much every brand in the industry…including Crestron.
Now, in a letter to dealers from Crestron Chief Operating Officer Daniel Brady, dealers are being told that the company is “in a better position now than ever before.”
In the summer of 2019, just months before the onset of COVID-19, Crestron Electronics, Inc. (Crestron) invited me to tour several of their facilities, including the lab at the heart of almost everything they do…the Research Center. It was beyond impressive, and I’ve been in some really impressive labs in my career. At the time, I said it was “like Disneyland for geeks.” That includes geeks like me!
Now, in honor of the company’s founder, Crestron has renamed the facility the George Feldstein Technology Center. This is a fitting tribute to the man who spent his days there constantly tinkering with new products, product concepts, and technology.
Crestron Electronics announced today that it is acquiring 1 Beyond, an innovative provider of intelligent video products that enable more effective meetings – especially meetings that blend in-office and remote participants, known as hybrid meetings. The company said that the 1 Beyond team will stay at their existing base in Boston, MA. The terms of the deal were not released.
Crestron Electronics announced today that it is launching two new audio products, both part of its successful Crestron HOME residential line-up. The addition of these new models – an in-wall subwoofer developed in conjunction with partner Origin Acoustics, and a new DM NAX 4-zone streaming pre-amp – demonstrates the company’s continued commitment to further expanding their residential business.
Last week I wrote about my opportunity to attend the inaugural Creston Next Road Trip in Boston in November. One of the most interesting parts of that experience was having the opportunity to interview new Crestron CEO Dan Feldstein. Crestron, one of the biggest players in the custom integration game, was founded by Dan’s father, George Feldstein (who passed away in 2014) and I was interested in learning more about how the new CEO saw the world and his top priorities and opportunities for the company.
In this Part 2 of that interview, we learn how the company is dealing with the industry-bedeviling supply chain issues, why it will never go public, how Dan views the CEO’s role, and how the company seeks to be a better business partner.
Last month I had the opportunity to attend the first-ever Crestron Next Road Trip event held in Boston, MA. The company is using the Road Trip as a replacement for the lost CEDIA Expo 2021 where they and around 150-200 other companies pulled out in the face of rising COVID infections. It is designed to offer integrators an opportunity to view its many new recently introduced products, take a variety of training courses, and get a preview of some future technology.
But most importantly for me, I was granted an opportunity for an unrestricted interview with Crestron’s new CEO, Dan Feldstein. The interview was originally scheduled for 30-minutes but actually ended up lasting more than an hour and a half, as our vigorous conversation covered a lot of ground – including big topics, such as how Feldstein came to be the company’s new CEO, and what market areas he believes offer the greatest growth opportunity for the company.
Last week, Crestron Electronics, a leading provider of control and automation solutions, wrapped up their two-day regional show, the Crestron Next Road Trip, at the Westin Copley Place Hotel in Boston. The well-attended two-day event saw hundreds of integrators descend on Boston to participate in an event that included whole sections of their displays from the CEDIA Expo and InfoComm trade show booths and offered full-day educational courses for both their residential and commercial dealers.
Crestron Electronics, one of the industry’s most powerful home automation brands, announced today that it has launched a new line of battery-powered custom shades. While Crestron has been in the shading business for quite some time now, this new line of battery-powered shades – to my mind at least – seems perfectly suited as a complement to their burgeoning Crestron Home residential automation ecosystem.
Crestron Electronics announced this morning that it has made “the difficult decision to fully cancel our presence” at the rapidly approaching CEDIA Expo 2021, scheduled to start in just about two weeks in Indianapolis, IN. Crestron joins a long list of exhibitors who have also decided to pull out of the event, almost all due to health and safety concerns from the dramatic increase in infections and hospitalizations as a result of the rapidly spreading COVID-19 Delta variant.
