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Shankar Chandran Samsung #MWC14 #mHealth
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
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