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Wearables & The Quantified Self
Movement
June 2016
©Pivotal Corporation 2015 ▪ All Rights Reserved ▪ 400 Union St. Seattle, WA 98101 PROPRIETARY & CONFIDENTIAL
Problem
Need
7 out of 10 U.S. adults
track a health indicator
such as weight, diet, exercise
or a symptom of a chronic
condition.¹
Conversion
OpportunityBut only 21% of these adults use
technology to do so -- 49% of
trackers monitor their progress "in
their heads," and 34% of them track
the data on paper, using a notebook
or a journal.¹
Price Friction
1 Pew Research 2 PWC Researches Institute 2014
38% are interested in
purchasing a wearable for $100
but 66% of US consumers are
interested if it is employer
sponsored or free.² No ROI on
$100 device for healthy people.
Enterprise
First Strategy50% of total devices shipped
in coming years are destined
for enterprise, yet no
dominant enterprise first
platform solution in market.
Enterprise
First Strategy50% of total devices shipped
in coming years are destined
for enterprise, yet no
dominant enterprise first
platform solution in market.
©Pivotal Corporation 2015 ▪ All Rights Reserved ▪ 400 Union St. Seattle, WA 98101 PROPRIETARY & CONFIDENTIAL
By the Numbers
Wear It, Track It, Drive Change
The Health Enhancement Research Organization lead a 2015 calendar year study of 188 employers to see how they’re using
wearable technology in workplace wellness programs. Here are the results…
46 % 95 %
of employers currently offer fitness trackers of those employers will continue offering
Health Enhancement Research Organization 2015
©Pivotal Corporation 2015 ▪ All Rights Reserved ▪ 400 Union St. Seattle, WA 98101 PROPRIETARY & CONFIDENTIAL
Why do it?
Health Enhancement Research Organization 2015
©Pivotal Corporation 2016 ▪ All Rights Reserved ▪ 400 Union St. Seattle, WA 98101 PROPRIETARY & CONFIDENTIAL
Results You Can See
Healthy & Happier
Workers with obesity file
twice as many worker’s
compensation claims and
have seven times higher
medical costs from those
claims and lost 13 times
more days from work
injury than did non-obese
workers.6
10000 Steps/Day Can:
Reduce initial heart
disease by 90%1
Reduce stroke by 70%1
Reduce Type II diabetes
by 50%2
Reduce cancer rates by
30-70%3
Employee & Business
Productivity
Companies with worksite
wellness programs
experience an 8%
increase in employee
productivity.4
76% of adopters report
improvements in business
performance since
implementing wearable
devices. 7
Employee Acquisition
& Retention.
45% of employees agree
that an employer-
sponsored wellness
program would
encourage them to stay
in their current
employment situation.5
4 National Business Group on Health, 20055 Principal Financial Well Being Index: American Workers January 20136 Obesity Increases Workers' Compensation Costs, Duke Medicine 20077 Salesforce
1 American Heart Association2 American Diabetes Association3 National Institutes of Health
©Pivotal Corporation 2015 ▪ All Rights Reserved ▪ 400 Union St. Seattle, WA 98101 PROPRIETARY & CONFIDENTIAL
Emerging Enterprise Use Case Scenarios
Data Collection
Activity Trackers
• Activity (Steps, Distance, Active Calories Burned, Sleep,
Active Time, Nutrition, Hydration & Weight)
• Sleep (Duration, Quality)
Smart Weight Scales
• Weight
• BMI
• BMR
• Body Fat %
• Lean Body Mass
Other Devices
• Consumer facing reporting & data upload vehicle
Enterprise Platforms
Core Capabilities
Raw Data Export / PDF Reporting Summaries
Training & Onboarding
Deployment
Device & User Management
Value Added Applications
•Wellness
•Healthcare
•Telco
• Insurance
•Customer vertical specific solutions
Customers
Segments
SMB
Enterprise
Government
Telco
Insurance
©Pivotal Corporation 2015 ▪ All Rights Reserved ▪ 400 Union St. Seattle, WA 98101 PROPRIETARY & CONFIDENTIAL
Wearables Landscape
Cost Cost
PrimaryOpportunity
Different considerations…
Value: Cost vs Features Scope: Needs specific vs broader “health & wellness”
Coverage: Home vs Mobile Privacy: Managed vs Unmanaged
Monitoring: Active vs Passive Design: Utility vs “Cool Factor”
Home Based Systems Mobile Based Solutions
©Pivotal Corporation 2015 ▪ All Rights Reserved ▪ 400 Union St. Seattle, WA 98101 PROPRIETARY & CONFIDENTIAL
Where The Market Is Headed
Moore’s
Law
Mobile
First
Active+
Passive
Privacy
Control
Platform
Play
• Prices will continue to fall
• Technology will continue to improve
• History will repeat itself for new emerging device categories
• Mobile will displace or replace non-mobile technologies
• “Always on” access changes real time communications & data sharing
• Mobile phone is the most intimate witness to our personal lives
• Active & Passive monitoring will converge for better health
• Reactive Detection Preventative & Proactive Interventions
• More coverage = more big data = better, personalized technology
• Product Platform Companies
• New Emerging Business Models
• Ecosystem fragmentation will be broken by large consumer tech
• New Requirement: Full control over privacy & data sharing
• Persistent tradeoff between utility benefits of sharing vs privacy
• Technology itself serves as a tool for corporate accountability
©Pivotal Corporation 2015 ▪ All Rights Reserved ▪ 400 Union St. Seattle, WA 98101 PROPRIETARY & CONFIDENTIAL
How It All Comes Together
Source:
©Pivotal Corporation 2015 ▪ All Rights Reserved ▪ 400 Union St. Seattle, WA 98101 PROPRIETARY & CONFIDENTIAL
Questions?