For the casual reader. Here is the text from the cc that caused me to read on Adidas/Runtastic and then Philips

Last quarter we formerly announced our decision to expand our business model to include licensing our SenseMe algorithm library. As noted during our April conference call, we believe that establishing SenseMe license contracts would enable us to secure commitments for a QuickLogic silicon with customers that initiate with SenseMe.

As we turned out, that is exactly what happened with one of our first engagements. This customer is a well recognized European company that provides a suite of applications products and services that track and manage health and fitness data. We have already received the additional production orders of our S2 platform for shipment this quarter.

So they started with the algos, tried them out with no S2s, and now in Q3 they are one of the 8 devices using S2s and the SenseMe algos.
So there are some very fine ecosystems in Europe; I looked at Adidas/Runtastic and then Philips and there are probably others. So this ends my exploration in this area till we hear from QUIK

PS Note that it really was pretty fast, they tried the algos, must have liked what they saw and followed shortly after ordering the S2.
Now if this is how it goes, we could get used to it ;-)

They tried SenseMe in Q2 and the initial follow on for the S2 silicon in Q3.

Software algos to Sensor silicon we can see if this is how it goes?

software to silicon.

Eos,  they sure did pick a good name….

The beautiful Goddess of the dawn who brings the hope of a brand new day.

works for long time holders too. I still own the shares I got for .60 ( or so),but the ones I got this wk are probably a better deal.

I think one of the keys to W Buffet, is the idea of the insurance float.  Not only did it give him access to capital, but the premiums come in and he has that float $$

to expand holdings if the price is right.  So I changed my life so that I have a little extra every month, a personal float and like that.

Brian Faith said everything for Eos will be ready when it samples, including the algos, so I am sort of thinking we get the CHR algo about that time too?

Paul McWillism's recent item also expressed well how the take out of SPI may have been one of the best things that has happened as now SenseMe ( also great name) has "resounded"

for success.  It was anxiety provoking at the time, but now it was a window of opportunity and QUIK did the right thing.  It supports the conclusion that management

is really what you want.  There was no fast fix, they just rolled up their sleeves and did what needed to be done.  Made lemonade out of the lemons.

Paul was foreshowing that we might get some news in this regard that will make long term holders happier and maybe get some new blood looking the business over.

On the C compiler-  The familiar, is hard to beat, so I am with wkav.  There are now 100s of software algo people who feel right at home with the Eos-that will be off and running without taxing QUIKs finite hand holding resources. Really good?

I think the PMCW essay does a very good job with the idea that it really is a new day for investors in the QUIK biz.

One new thought for me as follows:  I only know one thing and that is the mobile devices and I sift the sands for companies to invest in. Many I would like to invest in are private.

I would look Sensory over, but they are private,  QUIKs implementation may allow my shares to be a Sensory proxy, i.e. my investment in QUIK also covers the audio UI off small devices. A dollar invested into QUIK has at least a 10-20 % covering Audio?  

Philips has such a nice ecosystem for the cloud.  They have that excellent CHR sensor, but have sold it to others…If I were them I would start making some bands for thei many consumer brands?

2. 
   

   The Mio devices are often considered the best HRM…but the underlying stuff is really Philips
   ……
   
   
   PERFORMANCE-LEVEL CONTINUOUSHEART RATE TECHNOLOGY
   
   Mio Continuous Technology can be found in all Mio products. This award-winning, patented technology reads EKG-accurate heart rate data at performance level speeds without the need for a chest strap.
   
   
   
   
   
   OUR TECHNOLOGY:
   UNDER THE HOOD
   Developed together with Philips, our performance level continuous optical heart rate sensors measure your heartbeat in real-time using two green LEDs and an electro-optical cell.
   
   Integrated into the back plate of a wristband or watch, the LEDs shine light into the skin, which enables the electro-optical cell to detect your pulsing volume of blood flow.
   
   
   INNOVATION:
   OUR SECRET SAUCE
   While optical heart rate measurement (OHR) has been used in hospitals for years, it hasn’t been suitable for active situations due to the disturbance of ‘noise’ generated by movement.With the help of our friends at Philips, we created a solution to cancel out the ‘noise’ caused by movement, by adding an accelerometer to the OHR sensor package. By doing this, we’ve redirected the movement data into an algorithm, which then gives out a clean heart rate signal in performance scenarios.
   
   
   
   
   CREATING COMFORT IN
   HEART RATE MONITORING
   Before we came along, many runners and cyclists had to wear uncomfortable chest strap-based wireless sensors in order to track and measure their heart rates. While chest straps were effective in reading heart rates, the hassle of wearing them was often too much to handle. Chest straps chafe, feel too restrictive, and often slip out of place – resulting in inaccurate heart rate readings and overall discomfort.
   
   To address the issue of the traditional, cumbersome chest strap, we integrated our optical sensor into the back of our running watches and wristbands.
   
   Today, we're happy to say that because of Mio Continuous Technology, we’ve freed many of the world's runners and cyclists from the dreaded chest strap!
   
   Free me from the chest strap
   
   
   AIRTIGHT ACCURACY
   Mio Continuous Technology is highly comparable to ECG and chest strap solutions. A validation study carried out by Maastricht University concluded an accuracy of -01 ± 0.3bpm (from -0.5 to 0.8bpm) for the OHR component, which is actually higher (p<0.001) than a chest strap solution. Read Maastricht University Validation Study >
   

   jfieb, 19 minutes agoEditDeleteReport

   #6Reply
3. 

   jfiebMember

   
   

   so how did Mio get the technology anyway?
   
   
   
   
   
   Dr. Paolo Di Prodi
   
   Great it's very reassuring to see how crowd-funding can be used to develop medical technology although there's plenty of patent and research into wearable monitoring that is never brought into products because of the market friction.
   Quoting her experience:
   "Almost two years ago while visiting Philips Electronics in the Netherlands, Liz (ceo of mio) met Giuseppe Coppola, a Senior Director in the Philips Group Innovation Team. Just like Liz, Giuseppe had a dream to find the ultimate heart rate monitor technology. He showed Liz a prototype he and his team had been working on that had the potential to make the Alpha watch a reality. Many big companies uncomfortable with the project risk had decided to take a "wait and see approach" to the idea of funding further development of the technology. However, Liz saw substantial promise in the approach and had a great deal of confidence in the research team at Philips. So in a leap of faith she decided to invest. Helping Liz realize her vision are some of the best minds in design, electronics engineering and software ".
   It's incredible how even Philips who had the technology wasn't "comfortable" to test the market! 
   I had a look at the patent database for wrist worn technologies and if somebody wants to have a look here:
   http://www.google.com/patents/US4938228?dq=heart+rate+wrist&hl=en&sa=X&ei=aU8GUbjLJuGK0AX-_IDwCQ&ved=0CDkQ6AEwAg
   there are several related patents, eh mostly from Garmin, Omron, Polar and the usual suspects.
   

1. jfieb, Today at 4:16 PMEditDeleteReport

   #4Reply
2. 

   jfiebMember

   New

   this part is very interesting to read
   
   
   
   
   
   Philips developed unobtrusive technology for continuous heart rate and activity monitoring
   
   
   Philips has developed a breakthrough technology that can measure heart rate and activity reliably, continuously and unobtrusively at any place on the body. It has been developed and tested for use in a consumer setting, but now the company is looking at potential applications further afield – in the wellness and healthcare domain. Such technology can be used in various other application or product domains like sports, gaming, protective wear, civil services and jobs including hazard. The latter domains can potentially be explored in partnership. In fact, the first release of the Philips technology is integrated in the recently introduced Mio Alpha sports watch. 
   
   Comfortable heart rate and activity monitoring 
   Philips has developed a breakthrough innovative technology that can measure heart rate and activity continuously and unobtrusively – without the need of a chest strap or glued electrodes.
   It was developed and tested in a consumer setting and it is capable of measuring heart rate and activity any place on the body as long as in stable contact with the skin. Compact and lightweight, the technology is low-cost and does not need calibration or user actions before use.
   
   How does it work?
   The technology consists of a sensing unit, which can be incorporated into a watch, band, clothing or other embodiment which can ensure stable contact with the skin during the use. It essentially combines two sensors (one to sense the heart signals and one to sense the motion) and an advanced algorithm that uses both data streams to extract a heart rate reading by compensating for distortions due to movement.
   
   

   • - “Seeing” the heart signals
     To detect the heart-related signals, two tiny green LEDs embedded in the back of the sensing unit shine through the skin onto the blood vessels just below the surface. At the same time, a small light sensor registers exactly how much light from the LEDs is reflected by the blood vessels. The darker the veins, the less light is reflected. The veins darken briefly with each surge of blood caused by the heartbeat. The sensor continuously measures exactly how much light it receives, and all variations are amplified, digitized and processed to produce a clear heart-signal reading.
     
   • - Compensating for movement
     The technology on its own would provide an accurate reading – but only if the patient stays still. This is because movements of blood due to major body movements can be far greater than the regular pulses detected for the heart rate measurement. To solve this problem, Philips’ researchers introduced a motion sensor. The motion data is then fed into specially developed software, which combines the information from both sensors to filter out motion artifacts and produce an accurate and reliable heart rate measurement.
     Robust – and affordable
     Philips developed this combination of light-sensing and motion detection for a heart rate monitor aimed at consumers (mainly athletes or healthy people wanting to keep fit). “We’ve thoroughly tested the accuracy of the technology for various sport activities, like running and cycling,” says Giuseppe Coppola, Sr. Director Emerging Business and Strategic Partnership at Philips Research. “The high sensitivity of the electronics and the advanced software give us a solid basis to cope also with other movements, like most normal household movements. What’s more, because it was designed as a consumer product, it can easily be produced in commercial quantities and at a competitive price.”
     
     
     
     • 
       Other uses?
       The unobtrusive heart rate monitoring technology has been integrated in the Alpha sports watch, brought to the market by Mio in Jan 2013. This novel product has been honored soon after launch with the CES Innovations 2013 Design And Engineering Award and the ISPO 2013 Performance Product of the Year.
       
       Philips is currently refining the present technology and exploring ways this could be usefully extended to other contexts. “There are significant opportunities out there,” says Giuseppe, “for example, for monitoring cardio-respiratory and activity related parameters across the whole spectrum of Personal Health applications, in remote or home healthcare, wellness, as well as other application or product domains such as sports, gaming, protective wear, civil services and jobs including hazard.”

1. jfieb, 25 minutes agoEditDeleteReport

   #3Reply
2. 

   jfiebMember

   boy do they make a lot of stuff
   
   http://www.usa.philips.com/c-m/consumer-products
   
   but do they make a fitness band or a smart watch?
   
   Not that I have found…..a lot of very interesting health items in their labs………….like this
   
   
   
   Experience the future of wearable technology -
   Philips Healthcare
   The future of healthcare
   
   
   
   
   
   
   
   Imagine a device that allows doctors performing surgery to simultaneously monitor a patient’s
   vital signs and react to changes – without ever having to take their eyes off the procedure or patient.
   
   
   We’ve imagined it and more.
   
   
   
   Watch Video: The Future Of Healthcare - Philips Google Glass
   
   
   
   
   
   
   
   By connecting game-changing technologies from Google and Philips IntelliVue Solutions, we have simulated the first proof of concept for the seamless transfer of patient vital signs into Google Glass.
   
   
   The potential?
   
   
   A whole new way for doctors to quickly get the information they need when they need it most. Our proof of concept, collaborated upon with Accenture, demonstrates how clinicians can benefit from hands-free, voice-controlled access to critical data while in the operating room or on the go in the hospital.
   
   
   The Google Glass IntelliVue Solutions concept is a notable milestone in our research into emerging technologies and how they can be applied in healthcare to improve patient care.