Smartphones and Healthcare: The X PRIZE Foundation's Incentivized Competition ...
The X PRIZE Foundation conducts competitions in four Prize Groups: Education & Global Development; Energy & Environment; Life Sciences; and Exploration (Ocean & Deep Space). It is a US-based organization led by Chairman & CEO, Dr. Peter H. Diamandis and Co-Chairman & President, Robert K. Weiss, as well as governed by a group of visionary leaders including the Board of Trustees, Vision Circle members, Spirit of Innovation members, corporate partners and sponsors. Today, the X PRIZE Foundation is widely recognized as the leader in fostering innovation through incentivized competition.
The X PRIZE Foundation's Corporatwe Partners and Sponsors are Cisco, Google, the Qualcomm Foundation, and Nokia, as well as Express Scripts and Shell Oil Company whis an affiliate of Royal Dutch Shell where Jorma Ollila former CEO and COB of Nokia is COB.
Last Thursday Dr. Henry Tirri, EVP and CTO of Nokia, Dr. Paul E. Jacobs, Chairman and CEO of Qualcomm, and others participated in a videocasted panel discussion discussing "Incentivizing Innovation in Wireless Health." The videocast can be viewed here ...
livestream.com
>> Nokia Sensing X CHALLENGE - Searching the world for the most powerful digital health sensors to transform the healthcare industry
X PRIZE Foundation and Nokia introduce a global incentivized competition to bring about entirely new ways to monitor, access, and improve consumer health
Nokia Press Release
San Diego, USA
May 24, 2012
tinyurl.com
The X PRIZE Foundation and Nokia today announced the launch of the Nokia Sensing X CHALLENGE, a USD 2.25 million global competition to stimulate the development of a new generation of health sensors and sensing technologies that can drastically improve the quality, accuracy and ease of monitoring a person's health. Improvements in these technologies will empower individuals to effortlessly monitor and collect their own real-time health data, providing both consumers and healthcare providers convenient access to critical information whenever and wherever they need it.
The announcement was made by X PRIZE Foundation Chairman and CEO Peter H. Diamandis, MD and Nokia Executive Vice President and Chief Technology Officer Henry Tirri, Ph.D. during their keynote address at the Wireless-Life Sciences Alliance (WLSA) Convergence Summit in San Diego, Calif.
"Partnering with Nokia is a natural fit for this competition. Health sensing technologies enabled by artificial intelligence, lab-on-a-chip, and digital imaging are advancing exponentially and will ultimately integrate with your phone. We need to expand sensor and sensing technology beyond disease management to areas such as public health and fitness." said Dr. Diamandis. "The Nokia Sensing X CHALLENGE will bring about radical innovation in health sensors and sensing technologies, which paves the way for better choices in when, where, and how individuals receive care. Ultimately, healthcare will be more convenient, affordable, and accessible to consumers worldwide through these integrated digital health solutions."
The inefficiencies and total cost of the U.S. healthcare system (and healthcare systems around the globe) has been a pressing social and political issue for many years. In the U.S., the total spent annually on the healthcare system is more than USD 2 trillion¹, which accounts for more than 15 percent of the nation's gross domestic product. Health sensors have the capacity to stem this trend. Consumer use of sensors and sensing solutions has the potential to improve, extend and ease delivery of healthcare services, as well as reduce costs to the benefit of health providers and patients.
¹ Centers for Medicare & Medicaid Services, Office of the Actuary, National Health Statistics Group; U.S. Department of Commerce, Bureau of Economic Analysis; and U.S. Bureau of the Census. Retrieved from cms.gov
"Nokia engages in Open Innovation on many different levels; this type of 'grand challenge' is not only a unique method of driving significant progress in a short space of time, but one which can also help to create an entire ecosystem," said Dr. Tirri. "This competition will enable us to realize the full potential of mobile sensing devices, leading to advances in sensing technology which can play a major role in transforming the lives of billions of people around the world."
The Nokia Sensing X CHALLENGE will be a series of three competition events, held over the next three years. Each event will be comprised of three phases: Registration, Preliminary Judging and Final Phase Judging. The winners of each competition will be the teams that submit best in class technology as determined by a non-partisan judging panel of cross-functional industry experts.
It is anticipated that the solutions developed as part of the Nokia Sensing X CHALLENGE may also be utilized as part of a team's effort to win the USD10 million Qualcomm Tricorder X PRIZE, which was announced at the 2012 Consumer Electronics Show (CES) during Qualcomm Incorporated Chairman and CEO and Qualcomm Foundation Chair Dr. Paul Jacobs' keynote address. The Qualcomm Tricorder X PRIZE is a global competition aiming to drive development of devices that allow consumers access to healthcare in the palm of their hands. The Nokia Sensing X CHALLENGE and Qualcomm Tricorder X PRIZE will help create an ecosystem of innovators and innovative technology that will help reinvent the healthcare industry and radically reduce the cost to consumers.
For more information about the Nokia Sensing X CHALLENGE, visit: nokiasensingxchallenge.org
About X PRIZE Foundation: Founded in 1995, the X PRIZE Foundation, a 501(c)(3) nonprofit, is the leading organization solving the world's Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. The organization motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital for the benefit of humanity. The X PRIZE Foundation conducts competitions in five Prize Groups: Education; Exploration; Energy & Environment; Global Development; and Life Sciences. Active prizes include the USD 30 million Google Lunar X PRIZE, the USD 10 million Archon Genomics X PRIZE presented by Express Scripts, the USD10 million Qualcomm Tricorder² X PRIZE, and the USD 2.25 million Nokia Sensing X CHALLENGE. For more information, go to xprize.org
² TRICORDER is a trademark of CBS Studios, Inc. Used under license. Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners. ###
An overview of Qualcomm's Tricorder X PRIZE is available here:
qualcommtricorderxprize.org
>> A Revolution In Digital Healthcare
X PRIZE's Peter Diamandis explains why the new Nokia Sensing X CHALLENGE is of crucial importance
Peter Diamandis
X PRIZE Foundation Chairman & CEO
May 24, 2012
Today we’re excited to announce another groundbreaking competition in our Life Sciences Prize Group: The $2.25 million Nokia Sensing X CHALLENGE.
There are so many rapid advances in health technology today, it’s hard to keep up with the dizzying pace. We are living during an age where small teams are empowered exponentially to develop growing technologies that can solve problems that were once only solvable by governments and large corporations. And yet many frustrating barriers remain in the way of all this progress.
That’s where the Nokia Sensing X CHALLENGE fits in.
The glaring inefficiencies and high costs of the U.S. healthcare system (and healthcare systems around the globe) have been pressing issues for many years. In the U.S., the total spent annually on the healthcare system is more than $2 trillion, which accounts for more than 15% of the nation’s gross domestic product. Health sensors have the capacity to ease this economic burden. A number of social and medical trends could be managed better with new technologies, including obesity, chronic diseases, and aging, among others.
Our goal is to revolutionize health sensors and sensing technologies. Ultimately, it’s nothing less than revolutionizing healthcare.
This competition could not have been launched ten years ago; probably not even five years ago. Today, technologies such as A.I., Wireless Sensing, Cloud Computing, Lab-On-A-Chip, and digital imaging are advancing exponentially. And now we need to expand sensor and sensing technology beyond disease management to areas like public health and fitness. Giving consumers 24/7, real-time data about their health that they can access anytime and anywhere can change the way they think about – and improve – their own health. Because health happens every minute of every day, wherever you are, whether it’s convenient or not.
This competition is truly global; the team that wins this X CHALLENGE could come from anywhere in the world. We are looking for best in class technology from multiple disciplines: medicine, mobile and sensor/sensing technology. To win, a team must show advancements in technology, privacy and security, standardization, system reliability, and applications.
And there’s another element to the Nokia Sensing X CHALLENGE that will make it interesting to watch unfold: It’s likely that the solutions developed as part of the competition may also be integrated into a team’s effort to win the recently announced $10 million Qualcomm Tricorder X PRIZE, the competition to put healthcare in the palm of your hand. These two competitions will run on roughly parallel tracks over three years, with distinct but complementary goals.
I personally am looking forward to watching these technologies advance for the benefit of us all. ###
- Eric - |
