Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Qualcomm vs. Startups in the Battle for Health Care Dollars

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Will major tech players such as Qualcomm  (NASDAQ: QCOM  ) be able to push into the health-care sector in one fell swoop, or will a swarm of start-ups, each tackling its own tiny piece of the puzzle, prove more successful?

That's the fascinating question raised by Pristine co-founder Kyle Samani. Pristine is a small start-up based in Austin, TX, that has developed two apps so far for Google Glass that take advantage of the power of hands-free communication in medical settings.

The Fool's Max Macaluso and Rex Moore caught up with Kyle Samani at the recent mHealth Summit near Washington, D.C. In this video, Kyle explains how Qualcomm is competing in the mobile health space in a different manner than most.

A full transcript follows the video.

An even BETTER stock for your money in 2014...
There’s a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it’s one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.

Max Macaluso: One last question. There are a lot of big companies here; we have Qualcomm, Intel, I think Johnson & Johnson also has a booth. Is there a company that most people think of as old-school that's doing some new, exciting things in technology that you really applaud?

Kyle Samani: Qualcomm is probably the closest that I would guess. You look at Qualcomm and they've generated ... I think they have a market cap right now of $150 billion or something. They're larger than Intel now, by sheer valuation, and the vast majority of their revenue is based on designing and selling chips that go into your smartphone.

In terms of health care delivery, that's pretty unrelated. Qualcomm is looking at this and saying, "We want to move up the stack into health care," so I think in that sense they're kind of the big company that's really making a big push.

They're making a push on a lot of fronts. They call it Qualcomm Life, which is definitely very un-health-like. It's like, "Get all these devices and connect them together and get data to your provider and then do the analytics." They're taking a very holistic approach to this.

If you look at the number of start-ups, there are literally hundreds of start-ups, if not thousands, trying to solve very small sub-segments of that problem, so it'll be interesting to see how successful they really are in that very vertical model. They obviously have the cash to try it, and make it work. If they can execute is a totally different story.

Traditionally, when these kinds of things happen, it tends to be led by a mish-mash of start-ups, where you have different start-ups who excel at each layer of the pie and as long as they're relatively modular, then you'll end up seen a more modular, granular success, as opposed to a big, vertical, top-down version.

Macaluso: Kyle, thank you so much for your time.

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2831896, ~/Articles/ArticleHandler.aspx, 9/3/2015 1:36:30 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Rex Moore

Rex Moore spent his formative years in Texas, and fought beside Davy Crockett at the Alamo. He currently travels the globe for TMF, bringing back video reports on conferences and companies that matter for investors.

Today's Market

updated Moments ago Sponsored by:
DOW 16,409.77 58.39 0.36%
S&P 500 1,957.80 8.94 0.46%
NASD 4,750.65 0.67 0.01%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/3/2015 1:20 PM
QCOM $56.15 Up +0.29 +0.51%
Qualcomm CAPS Rating: ****