Heirloom launches Popular Photo Scanning App in Singapore

— Preserve and Share Print Photos

— Secures $1 Million In Seed Funding

SAN FRANCISCO, Feb. 11, 2015 /PRNewswire/ — Following its US success, Heirloom Technology, Inc.’s photo scanning and sharing app is now available to download in Singapore, for free, on iOS (Apple App Store) and Android (Google Play).

Logo – http://photos.prnewswire.com/prnh/20150210/174728LOGO

Heirloom enables users to preserve print photos in a single tap, by transforming them into beautiful digital images. Heirloom automatically finds the edges of the photo, corrects the perspective and does a mild colour enhancement, without having to remove it from its album. Photos can then be shared in private groups within Heirloom or externally on social networks. In USA TODAY, Kim Komando cited Heirloom as one of “five apps that make you say ‘wow'” and Heirloom has attracted more than 95,000 users since its launch in USA on 17 November 2014.

Heirloom was co-founded by brothers Evan Owski and Eric Owski, who raised $1 million in seed funds to grow the company from Tencent and a group of angel investors led by Eduardo Vivas.

“Over 2.5 billion people around the world own photographic prints. These are often stashed away and hard to share with others, despite the popularity of trends like “Throwback Thursday” (#tbt), and this deeper human desire to remember and share important moments with the people you love,” said Eric Owski, co-founder and CEO, Heirloom.

Heirloom’s proprietary, imaging software was created with Willi Geiger, who led computer graphics teams at Industrial Light & Magic (ILM) on major blockbuster films for thirteen years.

“We’re using cutting edge technology—the likes of which is usually reserved for motion graphics—to create something that’s deceivingly simple to use,” said Willi Geiger, Chief Imaging Scientist, Heirloom.

“Today’s consumer expects to be able to capture, view, share and output any photo anytime and on any device,” according to Hans Hartman, president of Suite 48 Analytics. “Heirloom now makes it possible to take your old, print photos and digitise them using your smartphone – meeting one of the remaining ‘anytime, anywhere’ photo enjoyment needs.”

  • Launch video and product screenshots available at heirloom.net/press.
  • Follow Heirloom on social media: Facebook, Twitter, Youtube and Instagram
  • Interviews with co-founder and CEO, Eric Owski and Chief Imaging Scientist, Willi Geiger available on request.

About: Heirloom transforms your photographic prints into beautiful digital images so you can focus on the joy of reliving shared memories with friends and family. Using your smartphone’s camera, Heirloom’s free app is the fastest way to capture, organize and privately share treasured photos. Available for iOS, Android and the web, Heirloom was founded in 2014 by Eric and Evan Owski and later joined by Willi Geiger.

For further information
Asia Pacific English Speaking Media
Edweana Wenkart, Tsuki PR
press@heirloom.net
+1-415-254-6636

Heirloom launches Popular Photo Scanning App in Hong Kong

— Preserve and Share Print Photos

— Secures $1 Million In Seed Funding

SAN FRANCISCO, Feb. 11, 2015 /PRNewswire/ — Following its US success, Heirloom Technology, Inc.’s photo scanning and sharing app is now available to download in Hong Kong, for free, on iOS (Apple App Store) and Android (Google Play).

Logo – http://photos.prnewswire.com/prnh/20150210/174728LOGO

Heirloom enables users to preserve print photos in a single tap, by transforming them into beautiful digital images. Heirloom automatically finds the edges of the photo, corrects the perspective and does a mild colour enhancement, without having to remove it from its album. Photos can then be shared in private groups within Heirloom or externally on social networks. In USA TODAY, Kim Komando cited Heirloom as one of “five apps that make you say ‘wow'” and Heirloom has attracted more than 95,000 users since its launch in USA on 17 November 2014.

Heirloom was co-founded by brothers Evan Owski and Eric Owski, who raised $1 million in seed funds to grow the company from Tencent and a group of angel investors led by Eduardo Vivas.

“Over 2.5 billion people around the world own photographic prints. These are often stashed away and hard to share with others, despite the popularity of trends like “Throwback Thursday” (#tbt), and this deeper human desire to remember and share important moments with the people you love,” said Eric Owski, co-founder and CEO, Heirloom.

Heirloom’s proprietary, imaging software was created with Willi Geiger, who led computer graphics teams at Industrial Light & Magic (ILM) on major blockbuster films for thirteen years.

“We’re using cutting edge technology—the likes of which is usually reserved for motion graphics—to create something that’s deceivingly simple to use,” said Willi Geiger, Chief Imaging Scientist, Heirloom.

“Today’s consumer expects to be able to capture, view, share and output any photo anytime and on any device,” according to Hans Hartman, president of Suite 48 Analytics. “Heirloom now makes it possible to take your old, print photos and digitise them using your smartphone – meeting one of the remaining ‘anytime, anywhere’ photo enjoyment needs.”

  • Launch video and product screenshots available at heirloom.net/press.
  • Follow Heirloom on social media: Facebook, Twitter, Youtube and Instagram
  • Interviews with co-founder and CEO, Eric Owski and Chief Imaging Scientist, Willi Geiger available on request.

About: Heirloom transforms your photographic prints into beautiful digital images so you can focus on the joy of reliving shared memories with friends and family. Using your smartphone’s camera, Heirloom’s free app is the fastest way to capture, organize and privately share treasured photos. Available for iOS, Android and the web, Heirloom was founded in 2014 by Eric and Evan Owski and later joined by Willi Geiger.

For further information
Asia Pacific English Speaking Media
Edweana Wenkart, Tsuki PR
press@heirloom.net
+1-415-254-6636

Crowdynews Raises EUR2,5 Million; Lets Newspapers And Publishers Integrate Social Media With Popular News Stories

— INKEF Capital Leads the Series A Round with Singapore Press Holdings

GRONINGEN, Netherlands, Jan. 13, 2015 /PRNewswire/ — Crowdynews, the social media curation platform for media companies, today announced that it has raised EUR2,5 million in funding.  The Series A round was led by INKEF Capital and joined by co-investor Singapore Press Holdings (SPH) through its New Media Fund.  Crowdynews plans to use the funds to continue its rapid global expansion with media and newspaper companies. Customers include the Chicago Tribune, Washington Times, AccuWeather and hundreds of other media outlets around the world.

“Crowdynews was inspired when the US Airways plane landed in the Hudson River,” said co-founder Edwin Kuipers.  “Most of the breaking news was coming from social media posts.  Crowdynews found a way to integrate social media into the news cycle, and media companies have loved the reader engagement plus the revenue sharing model that gives them new digital income.  It’s been a dream come true.”

Crowdynews gathers social media posts, photos and videos from Twitter, Facebook, Instagram, Vimeo and other channels to augment traditional reporting with social media and engage readers. The Crowdynews platform uses advanced technologies such as natural language processing and artificial intelligence to achieve over 90% relevancy rates in more than 25 languages. Crowdynews is the only social media curation platform that is both multi-lingual, globally scalable and pulls from a list of premium social media services.

“Crowdynews was one of the early products in social media curation, and is still the only one to pull from almost all social media channels,” said co-founder Jeroen Zanen. “This funding will allow us to continue our aggressive global expansion, improve operational excellence, and drive innovation. The combination of INKEF Capital’s international and business development experience and SPH’s extensive and long-standing background in media management and operations brings balanced guidance to our company, and we’re excited to work with our new supervisory board members.”

INKEF is a venture capital firm focused on long term collaboration and active support of innovative technology companies. INKEF was founded in 2010. With EUR200 million under management, the firm represents one of the largest venture capital funds in the Netherlands. So far, INKEF has completed nine investments in the healthcare, IT, software and new media sectors. Two of these companies have been successfully acquired (Sapiens by Medtronic and Profibrix by The Medicines Company).

“We were looking to expand our investments in new media and software,” said Robert Jan Galema, managing director of INKEF Capital.  “Crowdynews has a unique angle on the social media phenomena, and it was a logical choice for our next step in technology investing. We are happy to work with the team as they take their solutions to new global markets.”

SPH is Asia’s leading media organisation. Beyond its stable of 19 licensed newspaper titles, its suite of digital products includes online editions of newspapers and magazines, as well as mobile applications.  In addition, it has also ventured into book publishing, broadcasting, events, out-of-home advertising and properties. The company’s New Media Fund, which was launched in October 2013, looks at investing in new and emerging companies in media-related and adjacent businesses.

“Media companies around the world are looking at ways to integrate social media as part of their product offerings,” said Mr. Chua Boon Ping, CEO, SPH Media Fund.  “Through Crowdynews, media companies can quickly engage readers through the timely broadcast and sharing of headlines and breaking news stories. Crowdynews also offers new opportunities to grow digital revenues as advertisers have another channel to reach out to their target audiences. Crowdynews fits the profile of the investment that we are seeking.  The company’s innovative products and global reach demonstrate strong growth prospects. We look forward to playing a role in driving its development to the next level.”

As part of the investment, Robert Jan Galema from INKEF Capital will join the supervisory board of directors. 

About Crowdynews
Founded in 2010, Crowdynews is headquartered in Groningen, The Netherlands.  The company’s social media curation platform is comprised of three products:  The Crowdynews Widget, Crowdynews Breaking Burner and Crowdynews Amplifinder.  Customers include the Chicago Tribune, Washington Times, AccuWeather, NBA, Sport.es, The Malaysian Insider, Philippine Star, and hundreds of media outlets around the world.  For more information, please visit www.crowdynews.com.

Video Transcoders: A Business-critical Technology in Global Media and Entertainment

– Speed, quality, cost, and flexibility will be critical as focus shifts from delivery to monetization, finds Frost & Sullivan

MOUNTAIN VIEW, Calif., Jan. 8, 2015 /PRNewswire/ — Fierce competition and consumer pressure is giving a boost to over-the-top (OTT) content volumes, intensifying the demand for video transcoders globally. With media and entertainment companies looking to deliver OTT multiscreen offerings at par with traditional primary screen content, both in terms of volume and quality of experience, they are investing significantly in digital content workflows and multi-screen transcoders. As industry focus shifts from delivery to monetization, product differentiation will hinge on speed, quality, density, operating cost, flexibility and future-proof architectures.

New analysis from Frost & Sullivan, Global Media and Entertainment Video Transcoder Market, finds that the market earned revenues of $270.0 million in 2013 and estimates this to reach $959.8 million by 2020. While adoption of on-premise products and solutions will continue, software- and platform-as-a-service for multi-screen workflows will gain faster traction due to their agility, scalability and convenience.

For complimentary access to more information on this research, please visit: http://bit.ly/1ApdXbu

“Ensuring high-quality, glitch-free transcoding across multiple generations of encodes and transcodes remains a crucial problem to solve, making this a technologically-intensive market,” said Frost & Sullivan Digital Media Principal Analyst Avni Rambhia. “Managing scale and agility requirements in a cost-efficient manner is an added dimension of complexity that is driving upgrades and investments in the global media and entertainment video transcoder market.”

While uptake continues to increase, prices are decreasing due to commoditized silicon and, ironically, the rise in cloud-based models is limiting market growth. The inability to fully monetize online video content also affects profits, although niches such as live sports and catch-up TV are beginning to yield dividends in the form of subscription revenues and sold-out advertisement inventories. Over time, advances in high-definition, 4K, high efficiency video coding (HEVC), and the emergence of commercial solutions over home-grown systems will counteract these restraints.

The advancement of online video platforms and video origin servers in the traditional video transcoders market is another challenge. Companies are responding either through portfolio expansion or establishing strategic partnerships. Strong brands with massive distribution channels, but dated internal technology, are acquiring smaller companies with cutting edge technology and limited go-to-market resources.

“Operators are looking for video to become an ‘it just works’ solution as opposed to a technologically-intricate deployment requiring continuous oversight and enhancement,” concluded Rambhia. “Accordingly, video transcoder vendors need to position themselves as long-term outsourcing partners for operators, as opposed to the traditional strategy of differentiating purely on format support and compression efficiency.”

Global Media and Entertainment Video Transcoder Market is part of the Digital Media (http://www.digitalmedia.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Pay TV Video Encoders Market, Global Pay TV Middleware Market, Global Web and Mobile Analytics Market, and Global Big Data Analytics Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Global Media and Entertainment Video Transcoder Market
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Contact:
Clarissa Castaneda
Corporate Communications – North America
P: +1-210-477-8481
F: +1-210-348-1003
E: clarissa.castaneda@frost.com

http://www.frost.com

National Football League China Enlists Epsilon to Drive Engagement with Fans

SHANGHAI, Nov. 19, 2014 /PRNewswire/ — Epsilon, an Alliance Data (NYSE: ADS) company, has signed a new multi-year agreement with National Football League China (NFL China), a subsidiary of the professional American football league, the NFL. Epsilon will provide a robust platform for NFL China to manage its audience subscriptions and communications, which enables a holistic view and more insights on its member base.

Since establishing an office in China in October 2007, the NFL has been devoted to promoting the game of football in China. This season, NFL games air across over 20 regional TV channels, reaching more than 96 million unique viewers, and 5 nationwide online broadcasters, allowing games to be streamed live and on-demand. The official NFL China website (http://www.nflchina.com) offers localized content, such as game news, broadcast schedules, and the latest information on NFL teams and players. In addition, NFL China offers a number of on-ground events for beginners and football enthusiasts of all ages, including the “NFL HOME FIELD,” a 10-week initiative which provided a home base for football in Beijing, Shanghai and Guangzhou offering visitors a chance to experience football through on-field clinics, family-friendly interactive games and live tackle football games featuring local teams; and the “NFL On Tour”, a large scale truck tour that brought a mobile audio/visual NFL experience to 9 cities across the Mainland.

Under the terms of the multiyear agreement, Epsilon will provide a suite of services including design and build of a single customer view marketing database, full service email marketing including campaign management, delivery management, strategy and analytics.

“We are proud to expand our partnership with Epsilon and look forward to utilizing Epsilon’s insights to deepen fan engagement and further connect with our NFL fans in China,” said Richard Young, Managing Director of NFL China. 

“NFL China is an energetic and innovative player in the local sports scene. In addition to bringing the fun game to the Chinese people, its commitment to enhancing the NFL experience aligns closely with Epsilon’s strength, which is to create connections with people by leveraging data, focus on understanding consumer behavior and drive results,” said Michael Kustreba, Managing Director of Epsilon, Asia Pacific. “I am confident that Epsilon will deliver tremendous value with our leading digital capabilities and extensive experience in serving our clients in China.”

About Epsilon

Epsilon is the global leader in creating connections between people and brands. An all-encompassing global marketing company, we harness the power of rich data, groundbreaking technologies, engaging creative and transformative ideas to get the results our clients require. Epsilon is recognized by Ad Age as the #1 World CRM/Direct Marketing Network and #1 U.S. Agency from All Disciplines. We employ over 5,000 associates in 60 offices worldwide. Epsilon is an Alliance Data company.

Epsilon International is an operating unit of Epsilon, with local offices in Australia, mainland China, Hong Kong, India, Japan, Singapore, the U.K., France, Germany and Ireland. For more information, visit epsilon.com, follow us on Twitter @EpsilonAPAC or email to apac-info@epsilon.com.

About NFL & NFL China

Founded in 1920, the National Football League (NFL) has been called “one of America’s best-run businesses” and is admired for its structure, core values and innovative policies that promote athletic competition at the highest level. With 32 teams located across the United States, the NFL is the #1 sports league in America, outranking the NBA (basketball), MLB (baseball) and NHL (hockey) combined as the people’s favorite. The NFL’s championship game, the Super Bowl, is the most-watched program in US TV history and has also become a popular international sports event broadcast in more than 200 countries and territories and in over 30 languages.

NFL China, the league’s fifth international office, was established in Beijing in October 2007, demonstrating the NFL’s long-term commitment to China and is a significant milestone in the NFL’s continuing effort to promote its game worldwide. In China, the NFL aims to develop its fan base, increasing fan avidity and passion for the game through strategic cooperation with national and regional media partners, and focused marketing efforts around flag football development and experiential fan events.

About Alliance Data

Alliance Data® (NYSE: ADS) and its combined businesses is North America’s largest and most comprehensive provider of transaction-based, data-driven marketing and loyalty solutions serving large, consumer-based industries. The Company creates and deploys customized solutions, enhancing the critical customer marketing experience; the result is measurably changing consumer behavior while driving business growth and profitability for some of today’s most recognizable brands. Alliance Data helps its clients create and increase customer loyalty through solutions that engage millions of customers each day across multiple touch points using traditional, digital, mobile and other emerging technologies. Headquartered in Dallas, Alliance Data and its three businesses employ approximately 11,000 associates at more than 70 locations worldwide.

Alliance Data consists of three businesses: Alliance Data Retail Services, a leading provider of marketing-driven credit solutions; Epsilon®, a leading provider of multichannel, data-driven technologies and marketing services; and LoyaltyOne®, which owns and operates the AIR MILES® Reward Program, Canada’s premier coalition loyalty program. For more information about the company, visit our web site, www.alliancedata.com, or follow us on Twitter via @AllianceData.

CONTACT: Epsilon, Rickie Hobbie, +852-3589-0717, rhobbie@epsilon.com

Yujiapu Hosts Binhai International Micro-Film Festival

TIANJIN, China, Nov. 5, 2014 /PRNewswire/ — Today, the 2014 Binhai International Micro-Film Festival (BIMFF) was held in Yujiapu Financial District, Tianjin Binhai New Area (TBNA), China by Communist Youth League TBNA Committee, TBNA Youth Union, TBNA Central Business District Management Committee, Tianjin Innovative Finance Investment Co., Ltd. (TIFI) and Tianjin North Film Group.

First Meet is the Best micro-film

First Meet is the Best micro-film

 

Yujiapu Dream Factory Signing ceremony by TIFI and Oriental Stories

Yujiapu Dream Factory Signing ceremony by TIFI and Oriental Stories

Founded in 2012, BIMFF is one of the most-widely-acknowledged micro-film festival in China. Since its entry solicitation began last October, over 1,000 works from both at home and abroad have been collected, of which the outstanding ones were posted on popular domestic video websites such as Tencent, 56 and Fun.tv. In the end, First Meet, the micro-film greatly favored by netizens, was awarded as Best Micro-Film.

With the support of TBNA Culture and Broadcasting Bureau, BIMFF Organizing Committee also hosted New Media Entrepreneurial Investment Meeting, one that focuses on the development trend and profit model of micro-film and new media, to bring financial capital to the micro-film industry and new media industry. During the meeting attended by industry leaders, New Film Association, Tianjin North Film Group, LIC China and several others jointly announced to start preparing for the New Media and Film Association.

With China Tang Real Estate, a pioneer of innovative and futuristic life, Binhai Cultural Center and Tianjian District, where historical stories and modern scenes weave into each other, TBNA is a great nursery for micro-film.

While moving towards a demonstration base for financial reform and innovation, Yujiapu is also keen on the innovative development of its new media, film and television industry. During BIMFF, TIFI, the operator of Yujiapu, signed with Sina, a top China web portal, a cooperation agreement on settling its Weibo marketing platform company in Yujiapu for better district promotion and the growth of local new media industry. TIFI also partnered with Oriental Stories to found the Yujiapu Dream Factory, building an entire new media, film and television chain that covers talent training, project support, financing, production technique and so on.

By bringing together film capital, scriptwriter and other interest-related parties, Yujiapu Dream Factory facilitates the convergence of capital and visual asset production and thus contributes to the growth of the new media and film industry.

Innovation has been a prominent part of Yujiapu’s DNA since its first days. Over the years, TIFI has been taking on an exemplary role in policy exploration, global citizen, green city, creativity and entrepreneurship. The booming micro-film industry and creative incubation of the new media and creativity industry will stand to prove to Yujiapu’s stance of where “opportunities become realities.

Located in the heart of Tianjin Binhai New Area and covering an area of 3.86 square kilometers and a construction area of 9.5 million square meters, YJP plans to be developed in four phases as 120 land parcels. The first phase project that involves 35 parcels totaling a floor area of 1 million square meters and a construction area of 4 million square meters will serve modern finance, market exhibition, inter-city transport, catering, residence, meeting, art and leisure.

Under the drive of Tianjin Binhai New Area’s preferential policies, YJP is positioned as a nation-leading, world-class, fully functional and conductive base for financial reform and innovation including financial leasing, private equity fund, settlement and commercial factoring. Along with the integrated development of Beijing, Tianjin and Hebei, YJP will strive to become the second financial street in China and a magnet for resources from the capital city.

Photo – http://photos.prnasia.com/prnh/20141103/0861408048-a
Photo – http://photos.prnasia.com/prnh/20141103/0861408048-b

SIGEF 2014: Ready to Convene Socially Innovative Workshops and Cultural Hub

GENEVA, Oct. 16, 2014 /PRNewswire/ —

SIGEF 2014, a Forum organized by Horyou, the Social Network for Social Good, invites the public to participate in its socially innovative workshops and cultural hub.

SIGEF 2014 invites the public to participate in its socially innovative workshops and cultural hub, featuring an art exhibit where international photographers will showcase their work. The Forum will be taking place at the International Conferences Centre of Geneva (CICG) between October 22nd – 24th, 2014.

Thirty Keynote Speakers will take the lead in six Plenary Sessions, sharing their views in key subject areas that will be further discussed during eight workshops where all participants will have the opportunity to pursue reflections and develop new ideas: When Nature Has Its Way, Water for All: Source of Life, Social Media with an Impact, Effective Impact Investing for Social Good, Arts is Empowerment, CSR: the Beginning of a Journey, Youth and Social Innovation. A special session will be dedicated to the Socially Innovative Projects, for which two prizes will be granted.

SIGEF 2014 will feature the “People of the World” art exhibition. The collection of photographs, portraying human diversity across history, includes: Tony Cece, Dominique Darbois, Félix Nadar, Myriam Abdelaziz, Armin Pflanz, Guillaume Megevand, Edward Curtis, and Rankin.

Live streaming of the Plenary Sessions will be broadcasted during SIGEF 2014 on our website: http://www.sigef2014.com.

On October 22nd, prior to the opening ceremony of SIGEF 2014, the “Meet and Greet” Breakfast will gather SIGEF’s Keynote Speakers, Permanent Missions to the United Nations, representatives of the City of Geneva, Non-Profit Organizations members, and international media.

SIGEF 2014 Founding Partners: ADEX Holding Group, Pencil Line Agency, MSQ Group, Horyou Foundation, International Conferences Centre of Geneva (CICG).

SIGEF 2014 Media Partners: Red Innova (Latin America), InTime (Italy), Nunnovation (South Africa), Instituto Filantropia (Brazil), Radio Tom Social (Brazil), IGIHE Limited (Rwanda), SocialFinance.ca (Canada), PVBLIC Foundation (USA), Slate Afrique (France), Mosaïques Africa (Cameroon), and Hit Radio (Morocco).

About SIGEF 2014: 

The Social Innovation and Global Ethics Forum (SIGEF 2014) gathers a diverse and universal audience of international organizations (NGOs, Foundations, and Associations) and Keynote Speakers that promote and support social good, solidarity, constructive technologies and ethics in all disciplines and fields. It is an ideal place for all participants to rethink the future, identify current challenges, provide answers and draw new routes for truly sustainable development.

General Enquiries: contact@sigef2014.com

Mobile Telehealth Offers a “Doctor in Your Pocket” Convenience Consumers will Find Hard to Ignore, says Frost & Sullivan

– Wearable and consumer mHealth app proliferation will enable traction for mobile telehealth solutions

MOUNTAIN VIEW, Calif., Oct. 16, 2014 /PRNewswire/ — The telehealth industry is on the verge of a dramatic growth surge significantly disrupting the healthcare sector in North America. With millions of new patients entering the U.S. healthcare system, owing to the Affordable Care Act, escalating demand coupled with the lack of easy access to health professionals will strengthen the market for telehealth services.

New analysis from Frost & Sullivan’s Pulse of Telehealth 2014 finds that the growing aging population needs to manage and monitor multiple chronic diseases, in turn intensifying the demand for remote patient monitoring as well as mobile telehealth. Telehealth videoconferencing, especially, will emerge as a suitable avenue for primary and specialty healthcare service delivery. The study is based on interviews conducted with key telehealth stakeholders in conjunction with discussions from the American Telemedicine Association (ATA) annual meeting.

For complimentary access to more information on this research, please visit: http://bit.ly/1oaKoJE

“The momentum for telehealth is building rapidly as the practice of providing remote clinical services becomes entrenched in every aspect of healthcare in North America,” said Frost & Sullivan Connected Health Principal Analyst Nancy Fabozzi. “Technological advancements that deliver rich, connected platforms with high visual and audio quality add to the business case for telehealth.”

Despite this incredible potential to transform healthcare, numerous barriers to adoption still exist. Lingering concerns about patient privacy and safety as well as insufficient public and private reimbursement policies curb the widespread uptake of telehealth.

In addition, users will have to face several “unknowns” in terms of complex state provider licensing and regulatory issues, affecting market growth. The use of telemedicine will gather pace only when leading industry stakeholders establish new guidelines and break down regulatory and reimbursement roadblocks.

“As the scope of telehealth expands, a number of technology and services vendors will make their entry into the market,” added Fabozzi. “Disease-specific vendors, in particular, will seek to capitalize on specialist shortages in critical areas such as mental health and neurology.”

An intensely competitive environment will drive innovation as leading technology vendors seek to capitalize on market opportunities:

Personal health tracking through wearables and consumer mHealth apps too will make inroads into the market, fuelling the mHealth segment and widening market reach.

Pulse of Telehealth 2014 is part of the Connected Health (http://www.connectedhealth.frost.com) Growth Partnership Service program. This research provides perspectives from industry experts in telehealth products and services on current and future trends in North America. The research also assesses the importance of different submarkets, industry trends, drivers and restraints.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion 
Join Us: Join our community 
Subscribe: Newsletter on “the next big thing” 
Register: Gain access to visionary innovation

Pulse of Telehealth 2014
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Contact:
Jennifer Carson
Corporate Communications  North America
P: +1.210.247.2450
E: jennifer.carson@frost.com

Twitter: @Frost_Sullivan
Facebook: facebook.com/FrostandSullivan
Linkedin: http://linkd.in/1nL4auZ 

http://www.frost.com 

Logo – http://photos.prnasia.com/prnh/20141016/8521406053LOGO