“There's a cloak of digital data around all of us - We want to take advantage of that and give people tools to better manage their lives and activities.” Wearable fitness devices like FitBit and various fitness tracking apps help people around the world get their exercise routines on track, as the software collects data [...]
"By having an analytics platform dedicated to health-related data, Vivametrica can be used to predict risks for diseases and for early detection." As more wearable health devices become available to consumers, we may soon be faced with loads of data that we don’t know what to do with. To help consumers make sense of data gathered [...]
"A doctor might want to see how (wearables) data can be used to spot unhealthy activities or exacerbate chronic conditions; to do that, he or she will need an analytics platform that spots trends." With wearable sports and activity trackers expected to become a $1.4 billion industry in less than two years, healthcare providers are [...]
"That’s the first step: a personal fitness platform that derives value by virtue of, essentially, a new kind of streaming-data wisdom of the crowd." Imagine a fitness tracker like a Fitbit, Up, or Misfit Shine on every person on the planet. Imagine all that data flowing up into an anonymized cloud-based platform. Imagine connecting that [...]
"Gathering standardised, calibrated data from smartphones and wearable devices is obviously a key precursor to analysis and meaningful output." Sensor-laden smartphones and wearable devices are set to generate vast amounts of activity and other health-related data in the coming years. Fitness bands such as the popular Fitbit and Nike Fuelband, smartwatches such as Samsung's Gear [...]
Doctors Launch Initiative to Bridge Gap Between Wearables and Meaningful Health Data CALGARY, Alberta, Sept. 16, 2014 /CNW/ -- Wearable sports and activity trackers will become a $1.4 billion industry in less than two years, producing a massive amount of user activity data along the way. A huge opportunity exists for leveraging this data to create [...]
Up until recently, there were two kinds of healthcare data: Public health data sets, which are largely built from anonymous surveys and are, in theory, publicly available, but, in practice, accessible and useable only by a small number of physician and researchers; Electronic Medical Records (EMRs), which are built from your individual interactions with healthcare providers, [...]
Consensus opinion these days is that healthcare stands to be a major beneficiary of advancements in wearable techs, but significant barriers to adoption exist based on concerns around personal data security. It's a major sticking point with a lot of moving parts that's generating a great deal of discussion and think-time among industry analysts, entrepreneurs, [...]
In the future of wearable technology, the device is the least important element of the market equation. Imagine a big whiteboard . . . On the left, are the hundreds (perhaps soon thousands) of wearable devices. Some of them are for fitness buffs, some of them are for medical purposes, some are glorified fashion accessories, [...]
Most predictions I have seen call for wearable techs to be a $30 billion to $50 billion dollar market by around 2018. I think the actual number will be much larger and that rapid enterprise adoption will be a key growth driver. My thinking is built on referencing other techs that enterprises have adopted, specifically [...]