RedPixie is in the final stages of developing its own health and wellbeing software, its CTO announced at its Art of Data Science event in London today.
CTO Dirk Anderson said that the company hopes to have its Wellband software available to the public in Q1 2017. The firm will not make the hardware, but it will be compatible with all wearables devices.
The software takes information from the user's normal behaviour and uses it to judge whether something is wrong, when action can then be taken.
He said: "Wellband is all about keeping people well, and when they are not well, doing something with that data. We are working with a large household name retail provider to have them sell it in their stores, of which there are around 1,200 to 1,300 outlets across the UK. It will be sold as a subscription service and there will be tiers of service that you can subscribe to."
Anderson said that RedPixie is also working with a large private healthcare provider in the UK to incorporate the Wellband into the way its staff look after patients.
He explained: "They have around 10,000 elderly people that they care for in care homes and hospitals, and they are keen to plug this service into that. They are working with us and their clinical team will dictate the kinds of alerts they need. Beyond that, they won't have an exclusive deal for very long so we will look to take that somewhere else as well before long.
"The hope [for the Wellband] is that there is a fairly extensive pilot, that it is well received, and that on the back of that we get the price point right. Microsoft are helping with that, we are working with them to get access to cheaper devices, we will look to see how we make the cost of operating the backend platform as sharp as it can be, so we ultimately pass on those savings back to the end user."
The company has ramped up its marketing push leading up to the launch, said Anderson. He added that the company is growing "on track", having opened an office in South Africa in the last three months, which is providing managed services.
"The key thing for us is to strike the right balance between managed services, IP and professional services," he said. "That is a little bit skewed at the minute because of the changing nature of our industry. There are lot of large projects that help people with things like hybrid cloud and data science. We want to get to managed services revenue as well as IP revenue and strike an equilibrium between all three, which gives us the annuity we are looking for in the long term."
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