In response to the crisis, a variety of digital offerings have sprung up to ensure people can continue exercise while social distancing.
March 24, 2020
As efforts to slow down the spread of COVID-19, see gyms and sports facilities close throughout Europe, many people can no longer follow their usual exercise routines.
To stay fit and healthy, the NHS advises adults to do at least 150 minutes of moderate physical activity a week or around 20 to 30 minutes a day, but this may be difficult to achieve while homebound.
In response to the crisis, a...
July 13, 2016
Smart clothing, such as sensor-enabled running wear and thermoregulation jackets, may not be in everyone’s closets these days, but software developers and manufacturers see that future as very near. At the Wearables Technology conference this week in San Francisco, companies looking to go beyond fitness trackers say the changing landscape of the healthcare world and the consumer world is shaping...
June 6, 2016
San Francisco-based Netpulse, a fitness app company that focuses on creating software for gyms and fitness clubs, has raised $13 million in a new round of funding led by August Capital. Javelin Venture Partners, Nokia Growth Fund, and DFJ Frontier also participated in the round.
The announcement follows on a pattern of Netpulse raising similar amounts of funding every two years. The company...
March 29, 2016
We tend to think of activity tracking devices and the companion apps that process their data as single product offerings. But a new report from Argus Insights suggests that perhaps the users of these devices don't see them that way.
Argus, which looks at consumer reviews and social data to analyze "mindshare", reports that the baseline level of consumer enjoyment (what Argus calls "delight') of...
January 29, 2016
It’s been almost a year since Under Armour announced its acquisition of Endomondo and MyFitnessPal for a combined $560 million, a year and change after buying MapMyFitness for $150 million.
This acquisition spree was the biggest the connected fitness space has seen since its inception. Not only did it put apparel companies like Nike and Adidas on notice (it’s not a coincidence that Adidas bought...
December 16, 2015
Digital health and wellness is where digital banking was two years ago, according to a new report from Apigee, which surveyed 1,000 smartphone owners 18 years of age or older in the United States.
“Research on the diffusion of innovations points to 67 percent market penetration as the threshold for reaching fully half of the ‘late majority’ of technology adopters,” Apigee writes. “The impact of...
March 24, 2015
Juniper Research predicts that connected healthcare and fitness device services will produce $1.8 billion in annual revenues by 2019, according to a new report, a sixfold increase from 2015, which has predicted revenues of $320 million.
The services market is due to explode because in order to succeed, connected fitness devices will have to shift their focus from just hardware, to software and...
January 26, 2015
Montreal-based Lift Digital, which offers a live, online video-based fitness training program, raised $1 million in seed funding led by 24 Hour Fitness co-founder Leonard Schlemm. Last year Lift's program, called Lift Session was piloted by a number of fitness clubs in major US and Canadian cities, according to the company. The iPad or TV-based program helps fitness clubs and trainers to serve...
October 22, 2014
A new report from Kantar Media estimates that the value of the health and fitness wearable technology market in Great Britain is between £225 million and £375 million, or $360 million to $601 million. They estimate 13.1 million British people will be using health and fitness wearables by 2015, more than double the 6.7 million people (or about 10 percent of the country) tracking metrics like steps...
September 30, 2014
San Francisco-based Netpulse, which offers software to fitness clubs that connects fitness devices and apps to gym equipment, has raised $18.6 million in a new round of funding led by Nokia Growth Partners and with participation from August Capital, Javelin Venture Partners, DFJ Frontier and Docomo Capital. Nokia Growth Partners' John Gardner will join the Netpulse board as part of the deal.