By 2008, there were already more “things” connected to the internet than there were people. By 2020, that number is projected to swell to more than 20 billion. The world is digitizing at a mind-blowing rate and the corresponding market for connected devices and services has exploded.
Consumer products like Apple’s iWatch and Alphabet’s Nest have captured the public’s attention, but they’re only a small part of the story.
It’s a big roadblock on the path to homeownership: the down payment. Now some lenders are backing away from FHA loans, the key program allowing low down payments and favorable interest rates for many new buyers.
Now that the wide selection of “quantified self” products — like FitBit and Jawbone — have bled over from the fitness fanatics to mainstream consumers, we’ve reached a tipping point in which we should expect more from our connected products. Consumers have become accustomed to looking at readouts that assess our own personal health, but unfortunately this information is not always ‘smart’ or actionable for the individual and does very little to advance the medical community’s ability to improve our health.
In addition to the frequent lack of guidance on how to react to this health information, what is missing from these available data sets, which would help us better detect, treat and stop the spread of illnesses is highly geo-located, medically accurate fever and symptom data taken from someone who has just fallen in, before they enter into the health system — and generally, before they have taken to the internet.