Shankar Chandran Samsung #MWC14 #mHealth

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  • 1. Accelerating Innovation in Connected Health Shankar Chandran Vice President & Head of Samsung Catalyst Fund Samsung Electronics 26 Feb 2014
  • 2. 2 Time ConsumerAdoption Next Gen Devices May Enable Preventive Health Gen 1 - Last 5 yrs Phone Apps Gen2 - Today Fitness Devices Gen 3-New Era Wearable Sensors Location and motion via phone Wearable dedicated fitness devices Connected sensors and algorithms for actionable preventive health
  • 3. 3 366M people with diabetes (2X in 30 yrs) Trends Driving Up Health Costs … Technology May Help 1.2B people >60 by 2025 Chronic Conditions >30% of expenditures are waste Source: PWC, McKinsey, Organization for Economic Cooperation and Development reduce costs in healthcare System Inefficiencies Aging Populations Need for technology solution to help Mobility 20X reduction in cost >100% mobile penetration
  • 4. 4 Combine diverse technologies and disciplines to enable preventive health Algorithms Preventive Health Our Vision Semiconductor and Hardware Cloud & Big Data Mobile Behavioral Science Healthcare
  • 5. 5 Samsung Committed to Improving Health S-health Clinical imaging founded in 1985 EMR solutions Hospitals and clinics for 20 years Life and health insurance since 1957 Other medical devices, in-vitro diagnostics
  • 6. 6 open Platforms open Innovation Accelerating Preventive Health in 3 Ways accelerate Validation
  • 7. 7 Open Innovation for Disruptive Technologies Challenges to overcome… Increase battery life Reduce size for better comfort Non-invasive, accurate sensors Insight from data
  • 8. 8 Open Platforms for Wearable Sensors and Data Lack of standard architectures and interfaces for wearable technology
  • 9. 9 Wanted: a hardware ecosystem that enables new technology to be easily integrated Open Platforms for Wearable Sensors and Data
  • 10. 10 Open Platforms for Wearable Sensors and Data Data fragmented User cannot control Can’t access or share Lack holistic picture Need insights, not just data Data in Silos Lifestyle HabitsCalendar Location Exercise Air Quality Sleep
  • 11. 11 Open Platforms for Wearable Sensors and Data Any input, consolidates and translates Platform for analysis User in control: All your data in one place working for you Wanted… An Open Data Platform that brings it all together All My Data Lifestyle HabitsCalendar Location Exercise Air Quality Sleep
  • 12. 12 Samsung-UCSF Partnership to Accelerate Validation of New Technologies ValidationOpen PlatformsOpen Innovation Algorithms Noninvasive Sensors Low Power Open Data Platform Open Wearable Sensors Platform
  • 13. Accelerating Innovation Samsung Catalyst Fund Early Access to Technologies and Tools Innovation Technology Fellows Strategy, Partnerships, Go-to-Market Early Customer Validation from BUs Samsung Ventures Innovation Cloud
  • 14. Tools for Engagement: Samsung Catalyst Fund 13 Investments in Global Technology Hotspots Already Cloud Display 3D Sensing Mobile Health  $100M seed & early stage fund announced February 2013  Entrepreneur friendly  Flexible terms  Quick decisions  Create on-ramp to talk directly with Samsung Business Units
  • 15. 15 Call to Action Join Us to Accelerate Preventive Health Innovation: Contact us at globalinnovation@samsung.com Promote open innovation for sensors and algorithms Develop open platforms for sensors and data Validate new technology with global partners
  • 16. Thank you.