[July 28, 2016] |
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Samsung and Nestlé To Collaborate on Digital Health and Nutrition
On Thursday, Samsung (News - Alert) Strategy and Innovation Center and Nestlé Institute
of Health Sciences announced a collaboration to harness the power of IoT
technology and nutrition science to provide new insights into healthy
living.
This collaboration aims to combine IoT, scientifically validated bio
sensors, advanced multi-modal technology, and comprehensive nutritional
approach to provide people with entirely new awareness into health and
wellness. In addition, the collaboration aims to empower individuals to
better manage their own health and wellbeing by providing relevant and
contextual recommendations around nutrition, lifestyle, and fitness, to
help individuals live healthier and better lives.
"We are delighted to enter this collaboration with a global leader in
the field of sensor technologies," said Stefan Catsicas, Nestlé Chief
Technology Officer. "It will advance our Nutrition, Health and Wellness
strategy, to support people who want to live a healthier lifestyle."
"We're excited about the breakthroughs this collaboration will bring,"
said Young Sohn, President and Chief Strategy Officer, Samsung
Electronics Co., Ltd. "Today, we live in an era of smarter living
brought about by the convergence of technology and life science. It's an
era where the data from smart sensors and devices in our daily life such
as mobile phones, wearables, and smart refrigerators can help us to
understand our nutrition and activity and to guide us towards a
healthier lifestyle."
By combining the Samsung ARTIK™ IoT platform vision, deep semiconductor
expertise, and a global platform of smart device solutions, together
with Nestlé's expertise in nutrition and biomedical science, the
collaboration aims to better understand the voice of the body and
empower millions of people to live well and be well.
The relationship extends beyond what millions of consumers already enjoy
and experience with the global brands of Nestlé and Samsung. What makes
this collaboration meaningful is that it combines digital and
comprehensive nutritional sciences in a way that has great potential for
wrldwide reach. This relationship is underpinned by extensive research,
the innovative, visionary people inside Samsung and Nestlé, and the
recognition of this collaboration synergy.
Samsung Strategy and Innovation Center and Nestlé Institute of Health
Sciences will work towards the development of a new digital health
platform to provide more personal and meaningful insights that inspire
healthy living.
More details about the platform are expected when the first pilots begin
in early 2017.
About Nestlé Institute of Health Sciences
Nestlé Institute of Health Sciences carries out fundamental research for
the understanding of health and disease and for developing science-based
targeted nutritional solutions for the maintenance of health. It is
based on the campus of the world-renowned Swiss Federal Institute of
Technology (EPFL, École polytechnique fédérale) in Lausanne,
Switzerland, and is part of Nestlé's global R&D network. https://www.nestleinstitutehealthsciences.com/
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. inspires the world and shapes the future
with transformative ideas and technologies, opening new possibilities
for people everywhere through relentless innovation and discovery. For
the latest news, please visit the Samsung Newsroom at news.samsung.com.
About the Samsung Strategy and Innovation Center (SSIC)
SSIC is a global organization within Samsung Electronics Co., Ltd.
focused on innovation and new business creation, headquartered in
Silicon Valley and with offices in Korea, Israel, France, and the U.K.
SSIC's mission is to develop and accelerate disruptive technologies
through open innovation, investments, and acquisitions by working in
collaboration with entrepreneurs and strategic partners to enhance
people's lives and to help make the world a better place.
Forward-Looking Statements
This press release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements regarding the Internet of Things, Samsung's and
Nestlé's plans, the potential of the combined platform to produce new
apps and services, and the ability of the collaboration to improve the
health and wellness of individuals. These and any other forward-looking
statements in this release are based on management's current
expectations of future events and are subject to a number of risks and
uncertainties that could cause actual results to differ materially and
adversely from those set forth in or implied by such forward-looking
statements. These risks and uncertainties include, but are not limited
to, the changes in the digital health market and the regulatory
environment, difficulties in integrating technologies of the two
companies, inability of the companies to allocate sufficient financial
and other resources to the collaboration; and early termination of the
collaboration. The companies are providing the information in this
release as of this date and do not undertake any obligation to update
any forward-looking statements contained in this release as a result of
new information, future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160728006122/en/
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