Meetup #18: Wearable technology and the way the marketplace has changed

With the advent of new technology such as bluetooth low energy and wearable technology, an industry in the billions has rose to the number one focus of many within the consumer device industry. The impact of wearables is already being felt in education, communication, navigating, and entertainment; but perhaps the greatest potential lies in healthcare. In this Meetup we will be highlighting wearable tech in the health care industry, touching on regulation and showcasing an entrepreneur currently in the process of bringing their wearable tech to market. Join us as we discuss these technologies in more depth and get an insight on how entrepreneurs in the region are changing the way people live their lives. 

Date: August 21, 2014 
Location: Royal Bank of Canada 
Address: 6880 Financial Drive, Mississauga, ON L5N 7Y5 
Time: 7:00PM-9:30PM 


Speakers:

Jayson Parker, Medical Biotechnology Analyst & Lecturer University of Toronto

Dr. Jayson Parker is a Lecturer in medical biotechnology in the Department of Biology at the University of Toronto Mississauga. He lectures in the Master of Biotechnology Program, Faculty of Law and the Institute of Biomaterials and Biomedical Engineering. His main research interests include: biomarkers & clinical trial risk, machine learning, biotechnology patents and medical device regulation. Jayson is currently a medical/scientific advisor to the hedge fund Burlington Capital Inc, which has $25 million in assets under management and the Canadian Innovation Centre. He is also a board member for Life Sciences Ontario. Most recently, he was a medical liaison for Schering Plough’s biologic infliximab (Remicade) and for Novo Nordisk’s biologic rfVIIa (Novoseven/Niastase). He has been a “buy side” stock analyst covering the life sciences for Investor’s Group and the Director of Medical Science Equities at AIC limited (now Portland), both prominent mutual fund companies.

Demo Me:

Yogi Sennik, Co- Founder & Operations Manager at Volvox Inc

A serial entrepreneur with various active companies,  Yogi has extensive experience in SME business environments.  His experience includes over 20 years operating manufacturing and consumer products companies. Core areas of expertise are productivity, development of teams, financial management and commercialization of consumer items.  Yogi began his career as a Chemical Engineer working in R&D for various multinational consumer companies.  He is passionate about catalyzing innovation, investing in teams and creating a sustainable business process. He is an angel investor and business support to early stage companies.


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  • Prashant

    Excellent to meet each other and of course new tech

    2 · August 22

  • LEE, K.

    Mr. Gautam, you are one person who can likely help the presenter to catch-up to technological market realities because you do have the global vision to view this gigantic powerplay.

    August 22

  • LEE, K.

    The invitation of Jayson Parker was what this NGO needs, a little beyond just cellphone and Google Glass.

    August 22

  • Vidya Sagar G.

    Nice presentation by speakers.

    2 · August 22

  • john k.

    a really enjoyable meeting, it was great to meet enthusiastic people

    2 · August 21

  • LEE, K.

    2000, HP and Lucent already had a device that looked like today's iPhone, just a little thicker. It was sold at $25,000 each at adjunct to a large million dollar telephone exchange machine for a large organization such as a hospital with 300 lines and up. That was meant for top decision makers to be location neutral. We got to see 5 prototypes, all of which were technological products of China's giant ODMs, a new type of animal which do not just "assemble" products [OEMs]because they are Original Design Manufacturers, who anticipated what western giants needed, designed, sourced and protoyped complete manufacturing programmes to let these giants choose the final marketing commitment. So looking at that, y'all should see how the electronics-IT hardwear and software field is now anchored by China. I see two trends driving this: nanotechnology and biomimetic [or biomimicry], being delivered by electronics and robotics.

    2 · August 19

  • LEE, K.

    Most people will think of wearables as expansion for the computer, telecom, internet field. Jayson is right that "wearables" has been around in the medical field for quite a while e.g. heart pacemakers. Having had experience in the medical field I saw how the TENS field was taken by Medtronics into implanted devices to stimulate nerves internally for pain management. Nanotechnology is creating as we speak miniature lab-in-the pocket, micro x-ray machines, microsurgery robots, self-assembly internal robots, exo-skeletons for old folks, human robotic parts, biometrics using heart beats analysis, micro-delivery of medication etc all of which are really wearables too. Can you imagine wearable cars? wearable skins? wearable personal radar [eyes in your back]? I look forward to hearing what Jayson Parker has to say from his perspective.

    2 · August 19

  • Jayson P.

    By "we" I am communicating the current thinking of a hedge fund called Burlington Capital.

    August 14

  • Jayson P.

    While wearables have been around for decades, it's current incarnation is a "new space". In the short term wearables that act as accessories to high priced products or provide stand alone functionality for cardiovascular health are in our view, the best "plays". All this is a forecast, but the space right now is niche.

    The real driver we are looking for that will expand this space is not on the market yet: tracking food consumption. We believe this has broad consumer appeal. Wearables will only flourish to the extent the data they generate can be monetized. For that to happen, "big data" needs to get bigger in a consumer context. The best context for that, from a revenue standpoint, we believe, is health.

    Wearables are the trojan horse for big data. For all of this to work, wearables used must focus on low cost applications and an outpatient context.

    1 · August 14

  • Tagor T.

    Dear Speaker, do you see what is the major impact wearable technology can bring to our daily life?

    August 6

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