As Tech companies like Fitbit (FIT), Apple (AAPL) and World Media & Technology Corp. (WRMT) produce and sell more accurate and aesthetically pleasing wearable technology, the data that these devices provide in real time will be ground breaking for a wide variety of businesses who will be able to analyze and leverage this data into a multitude of products and services based on the health, activity level and other information gathered in real time and stored over time.
Gathering data to build one of the largest, human vital sign and biometric parameter databases in the world is the real goal for these companies. The wristband sales are profitable but the real end-game is the data. Pharmaceutical companies, Life and Health Insurance companies immediately come to mind as some of the companies which can benefit from this treasure trove of data and the’ll pay handsomely for this information.
Data from wearable technology can be gathered in real-time and continuously. A visit to the doctor’s office allows the physician to measure a heart rate at that specific moment, for example, and decisions are made based on that bit of information. Seeing a week’s worth, or longer, of relevant data, will improve analysis of the patient’s health and outcomes and give analysts and companies much more information about health and human wellness than is currently available.
Every day, data is gathered from a rapidly growing worldwide customer base. What genetic research, health predictions, trending and cures could be gained from analyzing the vital signs of people across the world will be exciting to see.
For vital health data gathering, one product stands out for me. The Helo LX from World Media & Technology Corp. (WRMT) and marketed worldwide in 195 countries by World Global Network. Helo uses the Life Sensing Technology licensed from Toshiba Corp. (TYO) and takes a higher level approach toward Health and Wellness Monitoring.
Wearables can already collect data like activity levels, steps, calories burned, sleep and heart rate. Helo LX will collect additional biometric data like blood glucose and blood alcohol levels through non-invasive sensors in real time. The Helo can also produce and ECG. These metrics can be stored and shared with Doctors and offer critical information for Healthcare providers dealing with patients suffering from ailments such as congestive heart failure, diabetes, and other chronic conditions.
The HELO LX isn’t your typical wristband: it allows you to obtain measurements of your bio-parameters with high accuracy using dedicated apps. The development of an App Store will open the door for developers, as it did for Apple, to create thousands and potentially millions of apps all focused on monitoring and improving Health and tracking physical performance.
Connecting Smartphones to the wearable technology via bluetooth is key to increased use of the devices for longer periods of time and explosive growth for sales of the products.
In addition, Helo LX adds features no others offer such as the ability to take care of others by monitoring and checking the Bio parameters of your parents, friends, and loved ones remotely. This is huge for anyone with an elderly parent.
And, it’s messaging alert application allows users, with a click, to automatically send an SOS message to up to 3 family and friends in case they are in trouble. Perfect app for parents concerned about the safety of their children.
I invite you to learn more and help me disrupt the Health and Wellness industry. Learn how you can be part of this amazing trend toward a more healthy world HERE.