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Based in Oct, 2022, tallywell has lately launched an AI well being app designed solely for the Apple Watch, and is a brand new participant within the quick rising wearable know-how market.
In accordance with business analysis, the wearable know-how market is anticipated to achieve over $64 billion by 2024, indicating robust demand and alternatives for innovation. As of December 2022, greater than 115 million folks had been estimated to make use of an Apple Watch. In 2021, 16% of all US adults owned an Apple Watch, demonstrating the sizable attain of tallwell’s eligible market section. With the Apple Watch proudly owning over 57% of the worldwide market in good wearables, tallywell has chosen an information accessibility channel that’s identified for its safety and safety of its person base.
How tallywell works?
Properly, it’s easy and straightforward to make use of as the corporate securely collects the info from the Apple Watch Well being Package, and measures and interprets the well being information into wearable well being information. Moreover, customers obtain a complete ‘Know Your Numbers’ report each week, which gives deeper insights into their primary rating. As well as, they rating particular person attributes akin to BMI, variety of hours slept, variety of steps taken day by day, and coronary heart fee at relaxation. The scoring of those attributes and their temporal dynamics are additionally out there on the KYN web site. The report provides actionable ideas to assist customers meet their private targets. ‘Know Your Numbers’ is a useful software for understanding weekly shifts, whereas supporting customers in making knowledgeable choices and adjusting their habits to attain wellness targets.
The tallywell innovation is utilizing a simple to grasp well being threat rating, modelled after FICO and pushed by ML predictive fashions. FICO stands for the Honest Isaac Company. FICO was a pioneer in growing a way for calculating credit score scores primarily based on info collected by credit score reporting businesses.The corporate’s predictive well being rating makes use of ML fashions and attracts from vital revealed medical and scientific information, and is creating each bespoke know-how for each {hardware} and software program. As an organization, they prioritize the security of Personally Identifiable Info (PII) and stress the significance of utilizing information within the combination to enhance human well being. Knowledge is accessed safely, with the dedication to not monetize private information, guaranteeing the main focus stays on enhancing general wellbeing.
In talking to 3 of the tallywell founders final week, Candace Paik, Aaron Holloway, and Dr. Luigi Vacca about why they launched tallywell, it was so apparent of their ardour for serving to Apple Watch customers handle and enhance their well being was merely infectious. All of them understood that we’re in a worldwide well being disaster in addition to a psychological well being disaster in North America.
To place this in additional context, American well being has been in steep decline over the past 20 years. In 1999, one in three adults had wholesome ranges for adiposity, which means they’d a wholesome weight and weren’t obese or overweight. By 2018, that quantity fell to only one in 4 Individuals. In 2019-2020, 20.78% of adults had been additionally experiencing a psychological sickness. That’s equal to over 50 million Individuals. In accordance with the World Well being Group, round 450 million folks at present wrestle with psychological sickness, making it the main explanation for incapacity worldwide. Right here at dwelling, the place I’m from, it impacts greater than 6.7 million of us. In reality, one in two Canadians have—or have had—a psychological sickness by the point they attain 40 years of age.
Given the sheer magnitude of well being associated challenges, there’s additionally some vibrant lights an more and more health-conscious shoppers are a big and rising section of tallywell’s goal market. Fortuitously corporations have began to speed up their involvement on private well being issues and as extra well being advoacte make a well being dedication, and enroll others then we will begin to see a gradual shift in these alarming statistics.
Well being Aware people carefully monitor well being metrics and are eager to achieve data-driven insights to optimize their wellness. tallywell prospects obtain personalised suggestions for enhancing or sustaining their well being and wellness. The tallywell personalized studies and scores primarily based on a person’s distinctive well being information to offer actionable subsequent steps for higher well being and its all delivered in the identical expertise they’re snug to put on.
Whereas tallywell will in the end cater to a variety of demographics, its preliminary goal prospects are people between the ages of 25 to 60 with enough disposable earnings to put money into managing and optimizing their well being. This group tends to be extremely engaged with cellular apps and wearable know-how, offering a perfect viewers for our product.
Though Tallywell has robust competitors on different well being scoring apps from gamers like: Rook, Oura Rediness Score, Whoop and FitBit’s Daily Readiness Score, they’ve been fairly intelligent in being differentiated with their ‘Know Your Numbers’ report, and it’s proprietary machine studying know-how, analogous to credit score scoring know-how. It is also a free app presently.
Analysis Sources
To learn extra of Dr. Gordon’s articles on Well being and Happiness see :
#Happiness Issues
Dr. Cindy Gordon’s articles on Worker Happiness may be discovered right here:
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