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Wearable Biometrics Developer Saw 300 Percent Increase in Licensing Partnerships This Year

December 10, 2014

Wearbale TechWearable biometric sensor developer Valencell is reporting some pretty strong business growth from the past year. In a press release, the company notes that it saw a 300 percent increase in licensing partnerships, and that the demand for its technology was coming not only from health and fitness sectors, but also from the gaming, medical response, and military industries.
The company says its PerformTek sensor system is “the only clinically validated optomechanical sensor technology that has been proven to deliver highly accurate, continuous heart rate monitoring and other key metrics vital to tracking performance,” and points to that accuracy as the major reason behind its success. Everybody wants accurate data, but it’s easy to see why that concern is a critical one in medical response and military applications.
Valencell’s CEO notes in the press release that the “industry is approaching a turning point.” He seems to be right. There’s been a lot of buzz around it for a while, but we’re now seeing everyday clothing infused with biometric technology starting to hit the market, and with the technological advances that have been taking place, it’s no surprise that it’s starting to be taken seriously for professional applications. Given predictions about the coming blossoming of the Internet of Things, the future looks pretty bright for wearable biometrics and connectivity.

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