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Startups, Wearables and Fitness Innovation

Startups, Wearables and Fitness Innovation

Presented to Sports & Fitness Innovation Summit in SF

Noble Ackerson

September 06, 2015
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  1. Startups, Wearables and Fitness Innovation

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  2. Hi, I am Noble.
    CEO, LynxFit
    ...also, Director at APX Labs

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  3. My goal in life is to make
    fitness as habitual as
    brushing your teeth.

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  4. What is LynxFit? Context and information to
    all fitness content

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  5. How LynxFit works
    Subscribe
    Content
    You select or create
    content on LynxFit and
    track it with your wears.
    Pros create premium
    content. They get
    analytics, you get
    coaching.
    Engage
    Activity
    Send your fitness
    content to Android
    Wear, Apple Watch
    Motion sensors record
    your fitness activities
    and guide you.
    Improve
    Analytics
    You get intelligence on
    which activities have the
    best impact.
    Pros get insights on
    how to improve their
    content, or how to
    improve your health.

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  6. DO YOU EVEN WEARABLE BRO?
    Image source: images.google.com

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  7. Available Apps Time.Date.Speed
    Image source: hodinkee.com

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  8. An Adaptation of the Gartner Hype Cycle
    Google Glass Hype Cycle
    Chart: Similar cycle for Smart Watches
    and Smart Clothing
    Technology trigger
    Negative press
    begins
    Consolidation/failures/
    addl funding
    we are
    here
    Maturity
    and Growth
    Adapted from Gartner Hype Cycle chart
    GlassFit
    prototype
    Mass media
    Hype

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  9. CAN I HAZ teh FUNDING?

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  10. Timing If you ain’t first...

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  12. Architecture
    Building Cross-Platform
    in a Nascent Market

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  13. Cross-platform for wearable software
    Building a wearable
    device agnostic platform
    so that the consumer
    avoids lock in is hard
    work.
    56 devices
    153 devices
    212 devices
    Medical
    Lifestyle
    Fitness
    Chart: Number of current smart devices per category

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  14. One idea!
    Persist fitness data
    across hardware

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  16. Smart Watches Battery Performance for Fitness
    Apple Watch Samsung Gear Garmin Fenix 3 Moto 360 Sony Smartwatch 3
    ~18 Hours
    205 mAh
    ~24 Hours
    315 mAh
    16 Hours *GPS
    300 mAh
    ~18 Hours
    320 mAh
    ~20 Hours
    420 mAh

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  17. Ecosystems are killing the wearable tech dream
    76% optimistic,
    but not happy
    about the
    wearables as it
    exists now.
    Source: PWC http://goo.gl/Z9Aezb

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  18. Market Insights
    Timing
    ● Hardware GA issues
    ● Users see future value
    ● Ecosystem maturity
    ● Trough of
    Disillusionment for
    innovators
    Architecture
    ● Services vs Apps
    ● Simplicity vs Features
    ● Beyond wearables
    ● Avoiding Shovelware
    Market
    ● Ecosystem Plays
    ● Anti-Ecosystem Plays

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  19. A take away
    Connected fitness is still very early
    And thus Startups like
    LynxFit have to survive
    long enough till the
    market, price,
    performance and
    hardware is ready.

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  20. Thank You!
    Questions?
    @nobleackerson @LynxFit

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