Technology
Used Day Cab Inventory Exceeds Sleeper Truck Inventory in Historic First
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2 years agoon
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LINCOLN, Neb., Nov. 7, 2024 /PRNewswire/ — New Sandhills Global market reports show used day cab truck inventory surpassing sleeper truck inventory for the first time while asking and auction values continue trending down. The market reports cover used trucks, trailers, construction equipment, and farm machinery in Sandhills’ U.S. marketplaces. Pointing to current value trends, Truck Paper Manager Scott Lubischer explains, “Auction values have been falling quicker than asking values for heavy-duty trucks. While this is not uncommon, it’s an important trend to monitor because auction values indicate where the market is heading.”
In the used farm equipment market, the spread between asking and auction values remains elevated and is well above historic highs. Auction prices are falling faster than asking values, most notably within the used combine market. Looking at the high-horsepower (300 hp or greater) tractor market, TractorHouse Manager Ryan Dolezal says, “Inventory is at an unprecedented level. A possible consequence of this inventory surge will be a glut of lower-hour used tractors on the market.”
In used construction equipment markets, inventory levels continued consecutive months of increases in October, with auction values falling faster than asking values. “While it’s not unusual to see asking values lag behind auction values, it is a critical trend for sellers to watch,” says Director of North American Construction Stephanie Olberding. “This is especially true as we head into the end of 2024, as auction prices often indicate the market’s future direction.”
The key metric in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets and model-year equipment actively in use. EVI spread measures the percentage difference between asking and auction values.
Additional Market Report Takeaways
Sandhills market reports highlight the most significant changes in Sandhills’ used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets. Key points from the current reports are listed below. Full reports are available upon request.
U.S. Heavy-Duty Trucks
In this market, used day cab truck inventory levels surpassed used sleeper truck inventory for the first time, driven by the 5- to 10-year-old heavy-duty truck category. In the overall market, inventory levels were down 2.28% M/M and 10.42% YOY, continuing months of decreases. Unlike day cabs, sleeper truck inventory trends have been declining or steady since January, and inventory has not yet reached pre-COVID levels. Day cabs have also not reached pre-COVID levels, but they’re close and continuing to edge closer as these trends continue. Day cab inventory levels were up 27% YOY in October, while sleeper truck inventory levels were down 31.77% YOY.Used heavy-duty truck asking values have been trending down for 25 months. Asking values were down 1.12% M/M and 15.27% YOY in October, with the greatest YOY decrease occurring in the sleeper truck category, down 15.94%.Auction values decreased 1% M/M and 18.68% YOY in October and are trending down. Day cabs posted the largest auction value decreases, down 23.5% YOY.
U.S. Used Semitrailers
In the used semitrailer market, Sandhills noted a shift from an upward trend to a steady trend in October. Inventory levels were down 5.84% M/M and up 8.52% YOY. The flatbed trailer category showed the largest YOY inventory gain, up 28.53%, while the dry van trailer category showed the largest M/M inventory loss, down 8.74%.Asking values continued a 26-month-long downward trend, posting decreases of 3.48% M/M and 18.87% YOY in October. Used reefer trailers led the way, down 26.68% YOY.Similarly, auction values have been trending downward for 28 months in a row. Auction values dropped 2.27% M/M and 18.12% YOY in October. Used reefer trailers led the way in auction value decreases, as well, with values falling 6.99% M/M and 30.38% YOY.
U.S. Used Medium-Duty Trucks
Inventory levels in this market rose 1.35% M/M and 5.45% YOY and are trending sideways.Asking values have been trending down for 22 months. This continued in October with decreases of 0.33% M/M and 13.93% YOY, driven by the used cab and chassis truck category, down 22.46% YOY.Auction values have also been trending down for 22 months. Despite a slight uptick of 0.65% M/M, auction values in this market fell 22.31% YOY in October. Used cab and chassis trucks showed the greatest decrease, down 28.08% YOY.
U.S. Used Tractors 100 Horsepower and Greater
Inventory levels in this market were up 1.61% month over month and 29.04% year over year in October. These increases were driven largely by high-horsepower tractors; inventory was up 46.54% YOY in that category.Rising inventory is continuing to put pressure on values. Asking values were up 0.7% M/M in October but down 3.61% YOY, continuing a six-month-long downward trend. The 175-299-hp tractor category showed the most notable decrease, down 6.69% YOY.Auction values have been trending down for seven consecutive months. Auction values were up 1.48% M/M and down 13.77% YOY, with the greatest decrease observed in the high-horsepower tractor segment, down 14.89% YOY. Although asking and auction values are both decreasing, auction values are declining at a faster rate, causing the EVI spread to climb. EVI spread, which measures the percentage difference between asking and auction values, remained historically high for farm equipment at 47% in October. Although this figure is 1% lower than in September, it is still higher than previous peak values observed in 2015.
U.S. Used Combines
Inventory levels of used combines in Sandhills marketplaces have been declining for several months. This continued in October, with inventory up 7.62% YOY but down 5.73% M/M.Asking values ticked up slightly, by 0.8% M/M and 0.9% YOY, in October, but are trending down.Auction values were up 0.52% M/M and down 7.99% YOY and are trending down. With auction values falling faster than asking prices, the EVI spread remains high; EVI spread was 56% in October, much higher than the 45% value typically observed in this market.
U.S. Used Self-Propelled Sprayers
Inventory levels for used sprayers continue to rise and are trending up. Inventory rose 3.66% M/M and 28.38% YOY in October.Asking values increased 0.31% M/M and decreased 5.27% YOY, continuing a steady trend.Auction values were up 2.83% M/M and down 20.62% YOY in October, continuing a seven-month-long downward trend. The EVI spread remains elevated with auction values falling significantly faster than asking values. Although the EVI spread for used sprayers dropped from 62% in September to 58% in October, it remains higher than the historic peaks observed in 2015.
U.S. Used Planters
Inventory levels of used planters in Sandhills’ U.S. used marketplaces remained steady in October, decreasing 0.54% M/M and increasing 1.07% YOY. Inventory levels in this market are trending sideways.Asking and auction values have been declining for several consecutive months. Asking values fell 1.81% M/M and 10.11% YOY in October and are trending down.Auction values dropped 3.31% M/M and 24.07% YOY. With auction value decreases outpacing asking price decreases, the EVI spread for this market rose to 69%, only slightly lower than the historic peak of 72% observed in 2015.
U.S. Used Compact and Utility Tractors
Sandhills noted downward trends across the board for used compact and utility tractors. Inventory levels fell 4.95% M/M and 21.41% YOY and are trending down. Less-than-40-hp tractors showed the greatest inventory drops, down 26.51% YOY and 6.82% M/M.Asking values decreased 0.17% M/M and 4.38% YOY, marking the tenth consecutive month showing a downward trend. The less-than-40-hp tractor category also stood out in this area, with auction values down 5.25% YOY.Auction values ticked down 0.19% M/M and fell 5.86% YOY, continuing an eight-month-long downward trend. Again, the less-than-40-hp tractor category led the way in decreases, with auction values down 2.35% M/M and 8.4% YOY.
U.S. Used Heavy-Duty Construction Equipment
Inventory levels have been trending up for nine months in a row in this market, which includes crawler excavators, dozers, and wheel loaders in Sandhills’ U.S. marketplaces. Inventory levels dipped 1.85% lower M/M but were 19.26% higher than year-ago levels in October. These increases were primarily driven by the wheel loader category, with inventory up 35.85% YOY.Asking values have been trending down for seven months. This continued in October with decreases of 2.36% M/M and 5.82% YOY. Crawler excavator asking values decreased the most YOY with an 8.62% drop.Auction values have been falling faster than asking values. Continuing a seven-month-long downward trend, auction values fell 2.15% M/M and 10.29% YOY in October. Again, crawler excavators led these decreases, with auction values dropping 13.68% YOY.
U.S. Used Medium-Duty Construction Equipment
Inventory levels continued a steady trend in this market, which includes used skid steers, loader backhoes, and mini excavators in Sandhills’ U.S. marketplaces. Inventory levels were down 3.34% M/M and up 26.58% YOY in October. Track skid steers showed the greatest M/M decrease, down 4.12%, while wheel skid steers showed the largest YOY increase, up 35.96%.Continuing a downward trend for the seventh consecutive month, asking values ticked up 0.3% M/M but fell 5.34% YOY. Track skid steer asking values decreased the most YOY, down 7.58%. Loader backhoes showed the greatest M/M increase, up 1.92% M/M.Auction values have also been trending downward for seven months in a row. Auction values were up 0.36% M/M but down 8.24% YOY in October. The wheel skid steer category showed the greatest YOY decrease at 11.69%.
U.S. Used Lifts
Used lifting equipment inventory levels were down 2.92% M/M in October but 17.9% higher than year-ago levels. Inventory is currently trending upward. Sandhills noted the largest category increase among telehandlers, with inventory up 50.73% YOY.Asking values were up 1.02% M/M and down 6.54% YOY and are trending steady. Used pneumatic-tire forklifts showed the largest decrease, with auction values down 12.1% YOY.Auction values posted a marginal increase of 0.07% M/M but fell 10.99% YOY. Auction values are currently steady. The used pneumatic-tire forklift category also led the way with auction value decreases, down 17.06% YOY.
Obtain the Full Reports
For more information or to receive detailed analysis from Sandhills Global, contact us at marketreports@sandhills.com.
About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information through trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.
About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator, Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.
Contact Sandhills
www.sandhills.com/contact-us
402-479-2181
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SOURCE Sandhills Global
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Advanced Process Solutions Elevates Clint Johnson to Vice President of Services and Operations
Published
43 minutes agoon
October 27, 2026By
Veteran Semiconductor Leader Brings More Than 20 Years of Operational Excellence, Strategic Growth, and Industry Leadership
DALLAS, Oct. 27, 2026 /PRNewswire/ — Advanced Process Solutions (APS), an industry leader in high precision and high purity manufacturing and process technology solutions, serving the semiconductor, aerospace, electronics, and industrial markets, today announced the promotion of Clint Johnson to Vice President of Services and Operations. As APS continues to expand its presence and capabilities within the semiconductor industry, Johnson’s leadership will play a critical role in advancing the company’s mission, strengthening customer partnerships, and delivering best-in-class service solutions.
“Clint has been an invaluable asset to APS since joining us as Director of Field Services earlier this year,” said Suhas Uppalapati, Chairman of APS. “He has demonstrated exceptional leadership and a relentless focus on operational performance. His dedication to customer success, workforce development, and continuous improvement quickly established him as a key contributor, and we are excited to see him continue to push APS forward in this expanded role.”
Johnson oversees APS’s service and operational functions, ensuring the organization maintains the highest standards of safety, regulatory compliance, quality, and customer satisfaction. His leadership approach is rooted in accountability, collaboration, and operational discipline, creating an environment where teams are empowered to excel while supporting the company’s broader strategic objectives.
“I am honored to step into the role of Vice President of Services and Operations and to work alongside such a talented team,” said Johnson. “The semiconductor and advanced manufacturing sectors are moving at an unprecedented pace. Together, we will continue focusing on safety, quality, and operational execution to ensure APS is uniquely positioned to help our global customers scale, optimize workflows, and meet today’s complex production demands.”
Prior to APS, Johnson spent more than 20 years in operational management at Air Liquide, a world leader in chemical manufacturing. He earned a degree in organizational leadership from East Texas A&M University.
About Advanced Process Solutions (APS)
Advanced Process Solutions (APS) is a leading provider of precision manufacturing, engineered process systems, and ultra-high-purity solutions serving the semiconductor, aerospace, electronics, and advanced industrial markets. With over 25 years of industry experience, APS specializes in chemical delivery and dispensing systems, specialty gas distribution, filtration and purification, precision fabrication, automation and controls, and turnkey process system integration.
Strategically located in the Dallas Metroplex, APS supports the rapidly expanding U.S. semiconductor manufacturing ecosystem, including Texas’s emerging “Silicon Prairie.” To support its continued growth and innovation, APS is expanding into a purpose-built, 100,000-square-foot, high-tech manufacturing facility in Van Alstyne, Texas, featuring a Center of Excellence, state-of-the-art research and development capabilities, and advanced cleanroom facilities. This investment will significantly enhance APS’s manufacturing capacity, engineering capabilities, and ability to deliver next-generation process solutions.
Combining engineering expertise, manufacturing excellence, and an unwavering commitment to quality and safety, APS partners with leading global manufacturers to deliver innovative, reliable, and scalable solutions that enhance operational efficiency and support mission-critical production environments.
For more information, visit www.APSNextGen.com.
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SOURCE Advanced Process Solutions
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From Grid Constraint to AI Growth: Hitachi Vantara and Duraflow Transform Data Center Energy Management for Greater AI and Compute Capacity
Published
43 minutes agoon
October 27, 2026By
Hitachi Vantara pilots one of the world’s largest Phase Change Material installations in its Netherlands data center, demonstrating how organizations can use up to 90% less electricity for thermal managementImplementation requires zero water for cooling, reducing the resources needed to support data center operationsThis generates more computing capacity from existing power infrastructure, rather than diverting power to cooling
ZALTBOMMEL, The Netherlands and SANTA CLARA, Calif., Oct. 27, 2026 /PRNewswire/ — As artificial intelligence (AI) accelerates demand for computing power, data centers face a growing challenge: how to increase AI and compute capacity when access to additional electricity is increasingly constrained.
Hitachi Vantara, the data storage, infrastructure and hybrid cloud management subsidiary of Hitachi Ltd. (TSE: 6501), is demonstrating a new approach to address this challenge by showing how data centers can effectively use their power for AI and compute capacity rather than power and cooling. At its data center in the Netherlands, Hitachi Vantara has deployed one of the world’s largest operational Phase Change Material (PCM) installations, using technology developed by Dutch thermal energy company Duraflow.
For more information about Hitachi Vantara’s approach to AI, please visit: https://www.hitachivantara.com/solutions/ai-analytics
Depending on the application, PCM technology can help reduce electricity consumption related to thermal management by up to 90%, while requiring no water for cooling. By reducing the energy needed to manage power and cooling, a greater share of available electrical capacity can be used for computing – an increasingly important consideration as organizations deploy more energy-intensive AI workloads.
Tackling the energy challenge behind AI
Every watt consumed by AI ultimately becomes heat and managing that heat requires as much as 40% of a data center’s total energy needs. At the same time, as AI workloads continue to grow, the ability to convert available electricity into useful computing capacity will increasingly determine how quickly digital infrastructure can expand. This creates a growing challenge for data center operators seeking to increase computing capacity within constrained power infrastructure. In regions where grid congestion or limited access to additional electricity can constrain data center expansion, improving infrastructure efficiency can help organizations make more computing capacity available within their existing power connection.
Hitachi Vantara faced this challenge as demand for high-density computing and AI infrastructure increased. Rather than assuming that more computing required a greater amount of power, the company explored ways to make its existing electrical capacity work harder. The resulting deployment of Duraflow’s PCM technology provides a real-world proof point for this approach at an operational scale.
Real-world performance: 240 kW of cooling with low electrical consumption
The installed system provides a total cooling capacity of 240 kW across two 120 kW PCM units. According to operational monitoring data, the two units collectively consume just 5–8 kW of electricity, depending on operating conditions. For comparison, a conventional DX cooling system delivering the same 240 kW cooling capacity would require an estimated 60–80 kW of compressor power. These operational figures illustrate how PCM-based thermal management can significantly reduce the electricity required for cooling, freeing up more of the data center’s available power capacity for computing.
“This project started with a very practical challenge: how do we grow our computing capacity when access to additional electricity is limited,” said Simon Ninan, Senior Vice President of Business Strategy, Hitachi Vantara. “We realized that if we could dramatically reduce the amount of power required for thermal management, we could make more of our existing electrical capacity available for computing. By partnering with Duraflow, we are demonstrating how smarter energy management can become an important enabler of AI growth.”
The approach also supports Hitachi Vantara’s broader commitment to operating more efficiently and sustainably, including its goal of becoming carbon neutral in Scope 1 and 2 GHG emissions by FY2030.
Building efficiency across the infrastructure stack
The deployment is part of Hitachi Vantara’s broader focus on helping organizations get more value from their infrastructure while managing the growing energy demands of digital workloads.
That approach extends across the infrastructure stack. Hitachi Vantara’s Virtual Storage Platform One (VSP One) Block includes a 4:1 Data Reduction Guarantee and features Dynamic Carbon Reduction technology, which reduces energy consumption by switching CPUs into eco-mode during periods of low activity. Its always-on compression capability allows the system to switch from inline data reduction to post processing, which further reduces energy consumption and helps reduce a CO2 footprint by as much as 40%.
“Addressing the energy demands of AI isn’t about optimizing one part of the business in isolation,” said Courtney Hadden, Sustainability Director, Hitachi Digital. “It’s about working in concert across the organization and with innovative ecosystem partners to find efficiencies at every stage – from the products we build, how we bring them to market, and everything in between. The answer cannot simply be to consume more power. We need to become smarter about how we use the power we already have.”
Dutch innovation, demonstrated at operational scale
Developed in the Netherlands, Duraflow’s PCM technology absorbs thermal energy during periods of peak demand before releasing it in a controlled manner when demand decreases. Unlike conventional cooling approaches that rely continuously on electrically driven refrigeration to remove heat, PCM technology provides a way to manage and store thermal energy more efficiently. The system requires no water for cooling, helping data centers reduce their reliance on water resources while significantly lowering the electricity needed for thermal management.
“Developing technology is one thing; proving that it can operate at this scale in a live, mission-critical environment is another,” said Simon Loerakker, CEO, Duraflow. “Our collaboration with Hitachi Vantara has allowed us to demonstrate the potential of innovation at an unprecedented scale. Together, we are showing that sustainable innovation and the growth of AI infrastructure can go hand in hand.”
For more information on Hitachi Vantara’s AI-enabled infrastructure, please visit: https://www.hitachivantara.com/en-us/products/storage-platforms.
Additional Resources:
Blog: Raising the Stakes for Sustainable, AI-ready InfrastructureBlog: Five Habits That Cut IT Energy Waste, Without Spending MorePress Release: Hitachi Vantara Releases FY2025 Sustainability Report, Highlighting Leadership in Energy-Efficient Infrastructure for AI-Driven WorkloadsWebinar: Green Data: Sustainable Innovations in Data CentersPress Release: Hitachi Vantara Unveils New Virtual Storage Platform One Capabilities to Enable Stronger Cyber Resilience, Performance and Sustainability
About Duraflow
Duraflow develops advanced thermal energy management technology based on Phase Change Materials (PCM). Its independently developed technology enables organizations to significantly reduce energy consumption for thermal management, maximize the use of existing electrical infrastructure and support the sustainable growth of mission-critical digital environments.
About Hitachi Vantara
Hitachi Vantara is transforming the way data fuels innovation. A wholly owned subsidiary of Hitachi Ltd., Hitachi Vantara provides the data foundation the world’s leading innovators rely on. Through data storage, infrastructure systems, cloud management, and digital expertise, the company helps customers build the foundation for sustainable business growth. To learn more, visit www.hitachivantara.com.
About Hitachi, Ltd.
Through its Social Innovation Business (SIB) that brings together IT, OT (Operational Technology) and products, Hitachi aims to be a global leader in continuously transforming social infrastructure through digital, contributing to a harmonized society where the environment, wellbeing, and economic growth are in balance. Hitachi operates worldwide across four sectors – Digital Systems & Services, Energy, Mobility, and Connective Industries – as well as a Strategic SIB Business Unit focused on new growth areas. With Lumada at its core, Hitachi creates value by combining data, technology, and domain knowledge to solve customer and social challenges. Revenues for FY2025 (ended March 31, 2026) totaled 10,586.7 billion yen, with 606 consolidated subsidiaries and approximately 290,000 employees worldwide. Visit us at www.hitachi.com.
HITACHI is a trademark or registered trademark of Hitachi, Ltd. All other trademarks, service marks, and company names are properties of their respective owners.
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Parks Associates: HDR Is Shaping the Future of Premium Video Entertainment
Published
43 minutes agoon
October 27, 2026By
New Parks Associates white paper, developed in partnership with InterDigital, examines how HDR is advancing viewing experiences across streaming, live sports, gaming, and mobile devices
PLANO, Texas, Oct. 27, 2026 /PRNewswire/ — New research from Parks Associates shows high dynamic range (HDR) is becoming a foundational component of premium video entertainment, creating opportunities for television manufacturers, streaming services, and content creators to differentiate through picture quality. The research, High Dynamic Range and the Future of Video, developed in partnership with InterDigital, examines HDR’s expanding role across the entertainment ecosystem.
HDR enhances brightness and contrast and produces richer colors and more lifelike images for the video-viewing experience. The white paper explores how broader device support, growing content availability, and advances in production and distribution are moving HDR from a premium feature toward an expected part of high-quality viewing.
“HDR gives the entertainment industry a powerful way to make improvements in picture quality,” said Michael Goodman, Director, Entertainment Research, Parks Associates. “For manufacturers, it helps demonstrate the value of advanced displays. For streaming services and content owners, it provides an opportunity to deliver a more compelling experience and preserve the creative intent of their programming.”
“Consumers may not always know HDR by name, but they recognize the experience it enables: richer color, deeper contrast and a more lifelike picture,” said Lionel Oisel, Head of Video Labs, InterDigital. “As HDR expands across streaming, live sports, gaming and mobile, the opportunity is to make that premium experience consistent and efficient on every screen. Innovation in HDR, video compression and delivery will be fundamental to making that possible.”
The white paper identifies several developments shaping HDR’s next phase:
Smart TVs are the foundation. Smart TVs are the primary streaming video device in 62% of US internet households with a connected TV device.
Live sports and gaming expand HDR’s relevance. These experiences showcase HDR’s ability to reproduce bright highlights, detailed shadows, and realistic imagery, while pushing improvements in production and real-time processing.
Mobile viewing extends HDR beyond the television. Mobile phones account for 24% of weekly video consumption, with tablets contributing another 11%.
Technology advances improve delivery economics. AI-assisted image processing, cloud-based production, and next-generation codecs such as Versatile Video Coding (VVC) will simplify workflows and deliver HDR more efficiently.
The research also identifies challenges that require continued collaboration to ensure the successful expansion of HDR. Differences in HDR formats, device capabilities, and service implementations can produce inconsistent viewing experiences. Content providers must manage the cost and complexity of supporting multiple formats as audiences move from standard to HDR in their video viewing.
Parks Associates and InterDigital will highlight this research at Future of Video: Business of Streaming, an executive conference for the streaming and video industries on November 17-18 in Marina del Rey, California. Register here.
For more information, contact Mindi Sue Sternblitz-Rubenstein.
About Parks Associates
Parks Associates helps companies identify new opportunities, refine strategy, and accelerate growth in connected technology markets through data-driven insights and industry expertise. With more than 40 years of experience, the firm delivers proprietary consumer and industry research, market forecasts, and strategic analysis that guide business decisions across personal, connected home, small business, and commercial technology ecosystems. Parks Associates supports clients in navigating evolving markets including AI, security, smart home, broadband, entertainment, energy, multifamily, smart buildings, and connected health.
The firm also fosters industry growth and collaboration by convening thousands of leaders each year through its flagship executive conferences, including CONNECTIONS™, Connected Health Summit, Smart Energy Summit, Smart Spaces, and Future of Video. Learn more at https://www.parksassociates.com.
Mindi Sue Sternblitz-Rubenstein
Parks Associates
972.490.1113
425707@email4pr.com
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