$7.7B is definitely the market for the finished products rather than the electronic components inside these products. Telehealth can actually provide the cheaper healthcare to many people with out actually visiting hospitals. These systems are just part of the complete ecosystem that has to be developed which includes systems, services and service providers etc.
If u dig the net can find no such details about new companies structure, nor office locations etc. Thanks to eetimes we could at least learn their existence. Okey we have the inherited products of intel and GE, with elder motion follower&remote connectivity devices i am not sure $7.7B market would be covered. At the era of mobile connected devices and MEMS i am missing such innovative products range, '12 is not so far, '11 there should be covered also. since august no such movement we have seen. i am really looking forward what they d offer to market in close future.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.