Traditionally known for tech products, Amazon, Google and Apple are beginning covert ventures into yet another critical sphere of human life, healthcare.
With nearly 165,000 health-related apps that run on Apple’s iOS and Google’s Android, 12 million activity trackers, and 9 million smart watches that will enter circulation by 2018, it is not surprising that Google, Apple and Amazon are covertly leveraging capital and expertise to make major bets on cutting-edge healthcare technology.
Amazon’s Covert Project Team for Healthcare Tech
While Google and Apple have been outspoken about their efforts to gain a foothold in the healthcare sector, Amazon has not been quite as ready. Reports by CNBC indicate that the e-commerce giant has been putting together a secret project team that has been exploring platforms for electronic medical data, health apps, and telemedicine. The team, dubbed “1492” is reportedly working on extracting data from Electronic Medical Records, with a view to making the information available to consumers and their health care providers. [Read more…]