Technogym and IBM collaborate on ‘virtual coach’
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Technogym and IBM collaborate on ‘virtual coach’

With the rise of artificial intelligence (AI), we’re getting used to the idea of virtual personal assistants, like Amazon’s Alexa. Ut what if you had a virtual fitness coach too? That’s something that Italian fitness equipment supplier and computer giant IBM are working to realize. The two companies are hoping to develop an AI-driven “cognitive coaching platform” that can act as a personal trainer for the massive fitness, health and wellness market.

Technogym’s share price is up an impressive 33% year-to-date!

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SOURCE: Yahoo Finance

The idea is simple enough: a ‘human-like’ virtual coach that can combine data on people’s fitness goals, the weather, individual health metrics and diet to design personalized fitness plans, and communicate in natural language. It will ‘live’ in Technogym’s MyWellness platform, and interact with the user during workouts, updating information as it goes.

The potential market for such a service is enormous, and touches everyone from busy CEOs who can spare 15-minutes at lunch to professional gyms. As we move towards a connected world, the interest in virtual personal assistants and connected homes can be seen as indicative of consumers desire for AI services that can help simplify increasingly busy lives.

Nerio Alessandri, Technogym’s founder and CEO, said:

"Our goal has always been to offer our users a personalised training experience via connected equipment, services and content capable of interacting with them, understanding their deep motivation and needs – and delivering results. Our collaboration with IBM represents a further step towards the creation of increasingly customized and engaging training for our clients.” 

Disclosure

Dominion holds Technogym in its Global Trends Luxury Fund.


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The views expressed in this article are those of the author at the date of publication and not necessarily those of Dominion Fund Management Limited. The content of this article is not intended as investment advice and will not be updated after publication. Images, video, quotations from literature and any such material which may be subject to copyright is reproduced in whole or in part in this article on the basis of Fair use as applied to news reporting and journalistic comment on events.