Data and analytics is a disruptive force in all products and services, serving as a basis to create new businesses and upend existing business models. All businesses today capture data in some way, but the true value for the end user comes from the ability to analyze the data collected.
For example, look at popular technologies such as Nike Fuelband or Fitbit. These wristbands are equipped with sensors that monitor your activity, and once the data is synced to their cloud, you are able to analyze your activity and compare against your friend’s activity. These products are growing in popularity. The introduction of personal health data is changing how people think about their health.
Sensor technology is used extensively in hospitals as well. Versus Technology provides technology to hospitals, enabling them to physically tag all