% | $
Quotes you view appear here for quick access.

iRobot Corporation Message Board

  • t_e_n_k_a_y t_e_n_k_a_y Jun 20, 2013 11:50 AM Flag

    The Next Space Race

    From a Motley Fool article (Yikes! how'd a good one get through!):

    "Eric Dishman, Intel fellow and general manager of the company's Health Strategy & Solutions Group, says that building out a health care infrastructure to handle global aging is the "space race of the 21st century." When asked why Intel is so heavily involved in health care, Dishman responded by pointing out how microprocessors have become part of the "fabric of our everyday lives." Since health care is part of those everday lives, "Intel is in health care."

    "Dishman isn't kidding. Intel is in health care in a major way. Perhaps the most obvious example is the company's Care Innovations joint venture with General Electric (NYSE: GE ) . GE Healthcare and Intel teamed up in 2011 to develop home-based health technologies. GE Healthcare contributed its Quiet Care remote passive activity and behavioral monitoring system for seniors to the venture, while Intel threw in its Intel Health Guide personal health and monitoring system.

    "Care Innovations also offers other products and services, including consulting to help senior living organizations deploy patient monitoring technology. The joint venture has seen some successes, particularly being named by Frost & Sullivan as its 2012 North American Competitive Strategy Leadership Award winner."

    My comment: Doesn't take much imagination to see the role RP-Vita will play in this once the price comes down. Please note that GE already has plans for robots: "The GE team says it is looking at a system of robots to perform simple tasks such as transporting, cleaning and managing inventory. The difficult task will be baking all the technologies together – software, sensors and robotics – to create task-oriented robotic workers."

38.46+0.23(+0.60%)May 27 4:00 PMEDT