Sir Ray Avery’s new startup technology firm has recently secured a whopping $5,000,000 investment from Telecom to help fund the design and manufacture of a brand new range of wristbands that will monitor and record the vital signs of wearers before uploading the information to the internet and storing it in an easily accessible and understandable format. This move has attracted press interest globally and looks set to ensure Avery’s new project goes off without a hitch.
The company – called Vigil Wireless Sensor Technologies – was set up last year by the renowned scientist and inventor, and since then has managed to attract thousands in government grants, mainly due to the innovative nature of its operations and future plans. Experts in the field are very excited about the advancements that could come about because of Avery’s latest products, as you can tell from the industry insider we caught up with:
“These new designs could seriously revolutionise the way in which we deal with health issues. Doctors will soon be able to find out about their patients vital signs at any point during the day with permission, which will obviously help them when trying to diagnose illnesses. Plus, the individuals themselves will be alerted should any disturbances occur, meaning the amount of people seeking treatment at the optimum time will be far increased.”
Rod Snodgrass, who is the head of Telecoms digital venture arm, claims he could see the potential for growth within Avery’s new company from the very beginning, and as such, has been championing their activities since day one. When asked what he thought Telecom could add to the technology startup, he responded by saying:
“Our funding is obviously going to help immensely, and should help to ease the strain of government grant financing, which in turn will free up more capital for new and innovative firms. We will also bring a wider technology capability that will help with networking, distribution channels and marketing avenues. We’ve also got many contacts overseas that will be very interested in how this product progresses.”
There are many reputable companies out there who deal specifically with telecom BSS, so it’s rather surprising that such an established brand name is willing to invest so much cash in a startup firm, but perhaps this is a glimpse into how things will operate in the near future. When asked about this, Sir Ray Avery himself said:
“The reality is that, at the moment anyway, our healthcare system is still living in the stone age, but thanks to certain individuals and companies who can see a real value in progressing with the sort of technology we have on offer, I sincerely expect our GPs, NHS wards and private hospitals to slowly become a little more inclined to embrace new products as they reach the marketplace. We are talking about the health and lives of UK residents after all.”
So, as cash flows into the bank accounts of Vigil Wireless Sensor Technologies, all most of us can do is wait and see how it goes. Still, it’s nice to think that our doctors might soon be at the cutting edge of technology isn’t it?
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