How much of your life do you remember? The answer is statistically around 0.001% - that’s if you have good memory! This is about to be changed by a Start-up company called LifeLogger ( Stock Quote: LOGG +3.8% – website), which we believe will be the Next BIG THING in High-Tech industry this year.
LifeLogger was named among the top 5 Start-ups at CES 2014 by Enterpreneur.com and other tech media. The company's vision might sound like it's coming straight out of a Start Trek film, and may even seem far-fetched, but their idea is truly brilliant and is reality today. Following on from the positive CES2014 response and reviews in January, LifeLogger went public. It is now trading under the LOGG stock symbol, which makes it one of the first, and very few, publicly listed companies in the booming Wearable Tech industry.
The wearable technology industry is expected to grow to the staggering sum of 20 Billion by 2018, and the recent extremely successful IPO of GO PRO only proves that Lifelogging has huge potential. GO PRO is intended as a wearable camera that you use to log your sport activities. However, Lifelogger recognizes the fact that there is lot more in life than sports that people would love to record for posterity – and for their own reminiscences!
We believe that the potential for LifeLogger concept is huge. It would not be at all surprising if one of the big VCs or Tech Giants acquired the company in the next 12-18 months and integrated LifeLogger into their existing platform. The concept is sure to excite the public and creates a buzz already! The LOGG stock could be a real winner in near term future as well - one big contract or major product partnership announcement could turn it on fire!
Last week CNN Money reported that “Ferguson protests sent Taser stock up 30% “ because of the police bodycam which Taser is developing - this is just another form of lifelogging. Ferguson actually started the “Wearable Camera Petition” last week which quickly garnered the required 100,000 signatures to receive a reply from the White House. This is another excellent example of how such wearable recording systems are entering our lives. By 2020 it is believed that large numbers of people will be recording their lives in HD - and storing a copy in the cloud.
LifeLogger Cloud Solution
Lifelogger helps record your life (or the most important parts of it) by recording video/audio/gps information through the wearable POV. The recorded information can then be uploaded on the cloud, where it is processed/stored. The software extracts the faces you have seen, convert the words you said into a searchable text format, as well as OCR any street signs or other text that you read. All this along the GPS coordinates of your location at the time of recording. It even let's you track the direction in which you were looking.
Imagine being able to rewind your life and relive the moments that are closes to you heart. For instance, this software can tell you that you were at the Eifel tower, you saw your wife’s face, there was a sign that read “restaurant” and you were talking about “truffles”. All you need to do is put any (or all) of those search tags and the video which has any of those tags will pop up in less than a second. With the click of a button you can go to the moment when you said “Truffle” or even the exact second when your wife’s face appears in the video.
With its wireless capability, you can live stream what you see and hear, and include your geographical position anywhere in the world! The public now has access to technology that at one time was available only to the security forces.
This is as close as we can get to augmented memory and the potential of life-logging either for personal or professional use is truly unlimited. During the past year there have been some bold acquisitions such as the $19 billion paid for Whatsapp and it has been one of the most active Venture Capital markets over the last 5 years. In all probability, next year will be very interesting for Lifelogger. I am really anxious to see what happens with this amazing idea and if the start-up would be able to find the right way to success!
ISEC Healthcare's IPO listing: Two eye surgeons, one vision: ISEC Healthcare is set to become the first medical eye care service provider to be listed on the SGX, following the launch of its placement of 70mil shares at 28 Singapore cents per share, in conjunction with its proposed listing on the Catalist Board. ISEC Healthcare's placement will close at 12 noon on Oct 23, while the listng and trading of the company's shares is expected to commence on a "ready" basis at 9am on Oct 28. The issue manager and sponsor of the listng is PrimePartners Corporate Finance, while Maybank Kim Eng Securities is the placement agent. — 17 Oct 2014
I like the idea of SPACs. Pity this has not caught on here in Singapore.
SPACs are companies which have no operations or income-generating business at the point of their initial public offering (IPO), undertaking a share offering for the purpose of raising funds to acquire operating companies or assets, otherwise known as a qualifying acquisition (QA).
Keppel DC reit listed today Keppel Telecommunications & Transportation Ltd (Keppel T&T) is a subsidiary of Keppel Corporation Ltd, a leading mainboard listed company in Singapore with core businesses in Offshore & Marine, Infrastructure and Property.