Should Follow A PaaS Strategy?

Within the Wellness segment, introduced Wellness Insights that applies predictive analytics to data generated by a suite of sensors in the home to detect changes that can indicate an emerging health or other quality of life issues. It also launched Wellcam, an enhanced 180-degree field of view video camera that provides caregivers with the ability to check in and communicate through a live two-way audio and wide-angle view. also provides apps that connect smartphones and tablets with the multiple devices that it provides for smart homes and businesses. It has also integrated its products with the Apple Watch, Amazon Alexa, Google Home, Apple TV, and Amazon Fire TV. It offers a partner ecosystem that is used to connect new products to its network. But its platform is closed to third-party developers and does not let them build other smart home apps. I think should open its platform to third-party developers to build upon. What kind of apps do you think it could add to its platform to help expand the usability of its products and services?

Its stock is trading at $70.23 with a market capitalization of $3.4 billion. It had climbed to a 52-week high of $71.46 earlier this month. It has recovered from the 52-week low of $36.28 that it had fallen to in June last year.

(Click on image to enlarge)

1 2 3
View single page >> |
How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.