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Hundreds of Integrators Descend on Boston for the Crestron Next Road Trip

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Crestron Next Road Trip Day 1 crowd

Attendees Got a Full Show, Training & a Preview of Future Technology

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.

Learn more about the successful Crestron Next Road Trip

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Top Factors to Consider As You Ponder Your 2022 Plans

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By now many of us are deep in our planning for 2022. What factors should you consider as you think about the business conditions you face next year? Will 2022 be more of the same as 2021? Or will trends be more negative…or more positive?

Here are some factors you should consider

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Inflation Impact: November Consumer Sentiment Drops to 10-Year Low

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Logo for Index of consumer sentiment from the University of Michigan

In spite of the fact that the economy is continuing to grow as it powers away from the days of COVID shutdowns, a preliminary November reading of consumer sentiment shows a dramatic drop to a 10-year low, as consumers fret about growing inflation. While economists have long warned that transitory inflation would be a temporary part of our overall economic recovery, consumers are clearly concerned that this inflation may be hanging around for a while and it is already crimping their lifestyle.

Learn what the University of Michigan chief economist had to say about this result

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Crestron Launches Line of Battery-Powered Shades

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Crestron line of Battery-Powered Shades

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.

See more on the all new line of Crestron battery-powered shades

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Snap One Sees Q3 Revenues Increase Thanks to Price Increase & More Dealers

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But a 57% Increase in SG&A Expenses Swung the Quarter to a Net Loss

Snap One Holdings Corp. (NASDAQ: SNPO) announced the results for its fiscal 2021 third quarter last week and said that thanks in part to an August 2021 price increase and continued expansion of its dealer base, the company booked a substantial revenue increase to $260.7 million, or 15% higher than the same quarter the year before. However, the company additionally reported a net loss of -$21.5 million, way below the net income of $1.4 million in the quarter last year, due to a significant increase in SG&A expenses.

See more on the Snap One 3rd quarter results

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Residential Tech Today Podcast Features… Ahh…Me, Ted Green!

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Residential Tech Today podcast with Ted Green and Jeremy Glowacki

Residential Tech Today Editor Jeremy Glowacki interviewed Ted Green – yeah, that’s me – for their podcast which is available in both audio-only or audio/video formats. What a weird experience it was for me! I’m used to being the questioner…not the questioned. Especially when you consider the fact that Jeremy and I are friends and talk frequently about everything from the business to family and friends – it was strange when he invited me to be on the podcast and shifted into professional editor mode.

And, he asked real questions – such as why Strata-gee can sometimes be controversial and how I came to this role.

See more on what Jeremy asked during my appearance on Residential Tech Today

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Snap One Continues Local In-Market Expansion; Adds New Florida ‘Store’

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snap one partner store logo

Snap One announced this week that it has opened another “Partner Store” – a locally based warehouse location – that carries its products as well as other brands and offers support and training for area integrators. This new location opened in Hollywood, Florida, and – interestingly – is being operated by their Allnet branch.

See more on the continued expansion of Snap One

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CEDIA Appoints New Head of Education & Training

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Photo of CEDIA HQ
CEDIA’s new headquarters building in Fishers, Indiana

Custom Electronic Design & Installation Association (CEDIA) announced today that it has appointed Amanda Beckner as its new Vice President of Education and Training. Beckner replaces the recently departed Samantha Ventura and is said to bring two decades of experience to the role. Most notably, Beckner was VP of Learning for AVIXA, the commercial integrator trade group.

Learn more about Amanda Beckner at CEDIA

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Emerald Says Fiscal ’21 Q3 Revenues Up & Losses Down as Live Shows Restart

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CEDIA Expo 2021 staged by Emerald

But Were Things as Rosy as Its Report Suggests?

Emerald Holding, Inc. [NYSE:EEX] (Emerald), formerly Emerald Expositions and owner of the CEDIA Expo and CE Pro, announced this week that, thanks to the restart of live events in the third quarter of fiscal 2021, they were able to see a substantial reduction in their net losses on a significant revenue gain as compared to the same quarter in 2020 – the year of COVID shutdowns. While the company is still battling its event cancellation insurance providers in a California court for reimbursement for past canceled and impacted events, they say that they see the road to recovery ahead.

See more on the Q3 announcements from Emerald

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First-Ever ‘Inside Sound United’ Virtual Event is Next Week; Register Today

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Inside Sound United graphic

Major industry player Sound United is on the cusp of launching its first-ever virtual event called, appropriately enough, “Inside Sound United” (ISU). Coming November 9-12, 2021 to a computer near you, this highly immersive 4-day virtual event will be chock full of useful content and allow integrators to experience a side of the company not usually seen.

See more on ‘Inside Sound United’ virtual 4-day event

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