Samsung's Simband Takes an Un-Apple Approach to Wearables

Samsung's move into the open source and wearables spaces with its new Simband and SAMI platform of health-monitoring gear and software.

Jun 22, 2014 at 6:30PM

Samsung's Simband and SAMI platform connects biometric data -- heart rate, pulse, oxygen levels, hydration -- to the cloud, which will make it easy for you to track your health. It almost works like going to have a checkup done at a doctor's office -- and it's open source, so other people can create the sensors for it while Samsung controls the software.

Apple (NASDAQ:AAPL) recently made its own move into the space with its Health Kit framework, which is similar to Samsung's SAMI platform in that it creates a central store for health information. However, the two companies' strategies differ in other areas, such as their hardware approach. For example, Samsung wants Simband's parts to be modular, meaning hardware and different sensors could be swapped out. 

Simband is more of an idea than a real product -- it won't be commercially available. Yet it does show how Samsung's vision of wearables could vary dramatically from Apple's. The company famously goes to great extents to make sure its products can't be opened, let alone allowing users to swap in new hardware like sensors. It's essentially certain that a potential iWatch release later this year won't be modular. 

In this episode of The Next, Motley Fool tech analyst Eric Bleeker and Rule Breakers analyst Simon Erickson talk about the potential for the Samsung Simband and its SAMI platform.

Leaked: Apple's next smart device (warning -- it may shock you)
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Eric Bleeker, CFA, has no position in any stocks mentioned. Simon Erickson owns shares of Apple. Motley Fool services own shares of Apple and recommend it. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

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David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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