Vital Enterprises sees high demand for smartglasses in medical and complex manufacturing environments

  •  by Ash Eldritch

    2015 proved to be significant for smartglasses in the enterprise—and thus, significant for Vital and our partners and customers. 2016 has started off with a bang as well. Now, two months into the new year, it’s clear that adoption of smartglasses, assisted reality and ultimately augmented reality in the enterprise is inevitable.  And the productivity, efficiency and ROI benefits of this trend are becoming clear.

    But, we’re just getting started. The B2B adoption of smartglasses is only going to accelerate. Gartner predicts that by 2017, smartglasses may begin to save the field service industry $1 Billion per year. IMS Research conservatively estimates the wearable technology marketplace to grow to $6 billion this year. According to ABI Research, over 90% of smartglasses will be sold in the enterprise this year, with focus on remote assistance, local government, security, warehouse and manufacturing.  We look forward to contributing to this wave of adoption across precision manufacturing and healthcare enterprises, giving technicians, surgeons and supporting personnel hands-free access to essential information during the work process to increase productivity, reduce risk, improve quality, streamline processes and reduce costs.  

    With that, I invite you to take a look at our some our recent successes, and fasten your seat belts for what is sure to be a fast-paced year for all of us that are collectively shaping the future of smartglasses in the enterprise.

    2015:

    • Graduated from StartX, a forward-thinking incubator that accelerates the development of Stanford’s top entrepreneurs through experiential education and collective intelligence
    • Raised 1.1M in funding from the Stanford-StartX Fund, the F50 Fund and an angel syndicate led by Mark Lefanowicz.
    • Contributed to two studies: “Hands-free zoom and pan technology improves the accuracy of remote electrocardiogram interpretation using Google Glass” in the International Journal of Cardiology and “Novel Use of Google Glass for Procedural Wireless Vital Sign Monitoring” in the journal Surgical Innovation. Results of the latter study were presented at the 10th Annual Academic Surgical Congress in Las Vegas, NV in February 2015.
    • Expanded our focus from surgical applications of smartglass to complex manufacturing applications such as spacecraft assembly.
    • Grew the Vital Enterprises team four-fold
    • Presented at major industry events on the future of smartglasses for enterprise use at events including Google I/O, SPACE 2015 and Siemens Healthcare Innovation Conference

    2016:

    As I look ahead to what the next year will bring, I wanted to take time to thank our team, the industry watchers, hardware partners, investors and others in our ecosystem that have contributed to the momentum we’re all seeing in the Assisted Reality space.  These dedicated engineers, partners and early adopters are helping the industry realize the benefits of smartglasses. We’re proud to share some of our recent accomplishments, and put the spotlight on our network of partners and colleagues – all of whom are the best-in-class for their respective industries. We couldn’t have achieved such meteoric success without them. Watch this space for more company updates, discussions around trends and issues, and smartglass use cases. You can also find us on Twitter at @VitalAugment.

    Watch this space as we continue to track industry trends, share best practices and shape conversations around the business impact of smart wearables in medical, aerospace, complex manufacturing and beyond. Up next: let’s put the reality back into the virtual reality craze. I’ll explain the differences between assisted reality, augmented reality and virtual reality to help organizations choose the right solutions at the right time for the specific business needs.

    -Ash Eldritch, Co-Founder and Chief Science Officer