How One Start-Up is Strengthening Industrial Athletes
For this week's Keep Reinventing segment, brought to you by HP, we take a look at how one start-up is helping people better understand how the workforce can become more efficient. StrongArm Technologies Founder and CEO Sean Petterson explains how his company is leveraging data to improve efficiency.
Petterson says when launching this company, he was focused on human augmentation, and how it can use technology to improve how human beings work. But Petterson says StrongArm Technologies is now shifting gears to leverage data so they can make the workplace more efficient.
This data provides a risk profile of individuals, and tracks movement in real time. As a result, the technology can prevent some injuries before they happen. StrongArm Technologies has raised $5 Million in funding to date.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.