Strategy in TECH...
Cool Things I Saw at CEDIA Expo 2018San Diego, we hardly knew ye’! CEDIA Expo 2018 wrapped up this past Saturday and after three days of running between meetings and walking the show floor, I emerge relatively unscathed. The bottom line – this first Emerald Exposition-produced show was a bit of a mixed bag with some positive elements and some dropped balls. But overall, most came away satisfied that it was a good show.
In an extended meeting with Russound CEO Charlie Porritt and Vice President of Product Development Colin Clark, Strata-gee had the opportunity to learn details of the relatively dramatic developments at the company – many taking place behind the scenes – that management has undertaken over the last few years to better position the company for the future. Like a fighter with a new trainer who has put him on a strict diet and rigorous training regimen, Russound has emerged from an at-times painful multi-year process leaner and meaner…and ready to rumble.
Although previewed to the media last month, dealers and the media finally had the opportunity to physically see and touch the all-new Russound 70-volt light commercial line in the flesh at last week’s CEDIA 2016. The line, which the company intends to continue to develop and expand, launched with three models in the line, including a music streamer/amplifier, a volume control wallpad, and an outdoor speaker.
As we recently told you, Russound has announced that it would be launching a line of 70-volt products designed to facilitate integrators’ entry into the commercial market. Now the company has released more details on just what their 70-volt offerings will include – and it appears to be a solid first step into the more commercial business.
They’ve been hinting about it for months, now Russound makes it official, they will launch an all-new line of 70-volt products targeted for the light commercial market at the upcoming CEDIA Expo in Dallas in September. Although the company had no specific model/feature information for the press at this time, the news is noteworthy nonetheless as the company is clearly expanding into more commercial-appropriate products this year.
Anuva Automation, the Melbourne, FL-based parent company of wireless home automation solutions provider Turn It On (TiO), announced today that it has named Sanjay Patel as the company’s new president. Patel replaces previous president Mike Anderson who stays on with the company in a consulting role.
Russound announced today that it is adding two new components to its popular XStream line that seamlessly integrates streaming music services to any system installation, residential or commercial. The new models are the XSource Streaming Audio Player and the XZone4 Four-Stream, Four-Zone Audio System.
In a conference call with the press last Thursday, Russound executives proudly announced that they have closed a deal to offer Spotify streaming music content in Russound products. Spotify, one of the two most popular music streaming services in the United States, has very high international demand, Russound says – noting that this new agreement will help stimulate global demand for Russound products.
Last month we told you about the [probably final] closing of 3vNet…the third or fourth time it – or more accurately, its predecessor company Colorado vNet – has gone through that process. At the same time CEO Mike Anderson announced that closing, he also announced the launch of a new company called Automated Control Technology Partners – a company that he said would ultimately have a stable of brands under its control.
In a rash of fast-paced announcements, it is clear that 3vNet continues to push forward with their rapid business ramp-up. Newly independent from former parent, Russound, the company has moved quickly to establish their own identity with an all-new website and several new executives joining the organization. On Monday, we learned that 3vNet has hired Timothy Dunigan as Manager, Training and Education.
