Providing market intelligence for more than 35 years

Industry Press Releases

Biosign positions itself for growth: Strengthens the Board, secures debt financing & looks to acquire additional software assets

The Company is pursuing two parallel paths to growth: we are creating innovative proprietary solutions that disrupt incumbent players and at the same time we are acquiring synergistic assets that increase speed-to-market and deliver profits. Biosign continues to execute both these strategies by improving our patent-pending Pulsewave® technology while simultaneously integrating QCARE & ClinicServer with additional assets into a unique and compelling platform.

Under this strategy Biosign is participating in the Qualcomm Tricorder XPRIZE competition, a $10 million innovation contest to develop a Star Trek-like software system to record all 5 vital signs and independently diagnose 15 separate diseases. A 2012 study by Parks Associates ("Digitally Fit: Healthy Living and Connected Devices") predicts that more than 32 million US consumers will actively track their health & fitness online by 2016, up from about 15 million in 2011 (~100% growth). Revenue from online / mobile wellness service adoption will increase from $337 million in 2011 to more than $2.4 billion by 2016 (~700% growth), according to the study.

From the press release, "Biosign positions itself for growth: Strengthens the Board, secures debt financing & looks to acquire additional software assets."

Previously In The News

GreenWave Reality Delivers Next Generation Connected Lighting Solution

By simply screwing in the bulbs, consumers can immediately begin to control their lights. The solution comes pre-configured with "home," "away" and "night" Smart Controls. For example, before bed,...

Amdocs Launches Cloud-Based eHealth Solutions to Give Service Providers Fast Entry to Growing Market

Both solutions are device- and protocol-agnostic, which enables communication capable health accessories to relay data to smartphones, tablets or other home gateway equipment, which then sends the...

GreenWave Reality Announces Ambiguous Lighting Solution

Many of these ‘control your home lighting’ systems will see savings based on a learning curve: as people begin to understand the flexibility and range of their new system, and as they begin to unde...

Steady growth continued, healthy profitability

The use of social media is increasing. eMarketer predicts that there will be a massive 1.43 billion social network users in 2012, which represents a fifth of the world’s total population and a 19.2...

Phone:
972-490-1113
Mailing Address:
2301 West Plano Parkway, Suite 210, Plano, TX 75075
Expertise
Smart Home: Management and Safety Consumer Electronics Connected Health and Wellness Broadband Small-to-medium Business (SMB) Connected Health
Services
Research Services: Custom and Consulting Research Projects Streaming Video Tracker Security Tracker Smart Home Tracker
Events
CONNECTIONS™ CONNECTIONS™ Summit/CES Smart Energy Summit Connected Health Summit Future Of Video Smart Spaces Upcoming Industry Events
Resources
Press Releases Analyst Blog Parks in the News Connected Consumer Podcast 
About Us
Overview Team Contact Us
Store
View Your Cart

Follow Us to stay informed

© 2023-2025 Parks Associates. All Rights Reserved. Privacy Policy

Design & Developed By Agency Partner Interactive