My bi-weekly blogs are typically focused on a single subject – whether it’s deep dive into Apple ResearchKit, sharing findings on state of ‘Enterprise Mobility’ or tackling in depth a particular area of mHealth and Healthcare IT. Starting this week, I am going to do a bi-weekly feature blog that will touch upon research tidbits, ‘Digital Health’ and ‘Healthcare IT’ happenings, exciting BTC news with product releases and such as well as occasional musings (and sometimes scatterbrained thoughts) from me. I hope you find these sharing are as intriguing and sometimes amusing as I do.
Mobile payments (also referred often as mobile money or mobile wallet) have been talked up for a long time now. They were supposed to have r eplaced cash and credit cards as the primary methods of payment given the ubiquitous nature of smartphones and how attached we as consumers are to them. But somehow it has not come to be. Trends from a periodical survey by ChangeWave Alliance on perception of security of mobile payment transactions by consumer may partly help explain why. Indicator on how secure consumers thinks mobile payment transactions are showed only a modest improvement over a 16-month period (from Jan’15 to March’16) – from 5.5 to 5.8 (1 being very unsecure and 10 very secure).
During the same period, number of respondents who think that mobile payments are less secure than credit card payments actually went up by 2% points – clearly a troubling trend for mobile payment players. The most interesting finding for me was how differing the perceptions of security are between Apple iOS users vs. Android users with almost twice as many iOS users saying mobile payments are more secure as compared to traditional payment methods. Can this disparity be explained by the demographic spread between the two user bases and the likeliness that Apple users are typically at the front end of adoption curve or is it simply because Apple has done a much better job of telling the story of ‘Apple Pay’?
One the most fascinating Infographics I have come across recently was from ‘Developer Economics’ on what the technology world will look like if there were only 100 developers in it. Few things jumped out at me – how it male-dominated software development industry still is (94 of those developers will be men versus only 6 women), even though majority of the developers are professionals, there is a still a sizable chunk (23%) that create software just for the fun of it, developers are getting less experienced overall (60% with less than 6 years) – not surprising given the rapidly growing ranks of them, and lastly but not surprisingly more and more of them (like us here at BTC) are working across multiple sectors such as mobile, IoT and cloud.
Along with Mobility and IoT, Big Data is in many ways is revolutionizing Healthcare as we know it. Continuing advances in big data technology is making possible use of predictive and prescriptive analytics (derived from patient health and demographics data, socioeconomics data and genomic data) in patient treatment. Of course there are still many kinks to be ironed out and many hurdles to overcome including privacy and security concerns, but these advances would have been unthinkable even just few short years ago. IBM has been an integral part with these advances with Watson Health. So it wasn’t a surprise when it was announced just a few days ago that IBM was teaming up with America Diabetes Association (ADA) to in their words ‘reimagine technological ways that can address how diabetes is prevented, identified, and managed’. Diabetes affects almost 30 million Americans and millions more worldwide so any technological breakthroughs that help progress on disease management and prevention will be kind of a big deal. One of the first initiatives coming out this partnership is a developer challenge for diabetes care mobile apps that can incorporate IBM’s cognitive computing power and 66 years worth of data that is stored by ADA. We here at BTC are excited at the possibility of participating in this challenge
And why would we participate in this challenge you ask – it’s because we developed iOS and Android mobile and web apps (Engine 1) by Glucose Advisors (http://glucoseadvisors.com) that are designed to give Type 1 diabetics during exercise. Engine 1 mobile app takes the guesswork out of how much to eat and help the users prevent hypoglycemia during exercise by allowing the user to enter her current insulin regimen and determine the best foods and intensity of the exercise to maintain optimal blood sugars. This revolutionary app was conceived by Cliff Scherb (a Type 1 diabetic athlete) who has raced in hundreds of triathlons including at least 18 Ironman distance races. Over 3 million Americans are affected by Type 1 diabetes and they continually are faced with the challenge of staying active while managing the blood sugar levels and food intake – a challenge that the apps takes head-on via it’s ‘coaching assistant’ feature. We are very proud to have been associated with Cliff in designing and developing these mobile and web apps and eagerly looking forward to their success in helping patients live an active lifestyle.
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