Planet Innovation’s corporate strategy is to incubate, grow and, at the right time, spin-off high value technology businesses as independent entities. Our approach is to start with the customer and market opportunity and work back to an innovative solution. It relies on ‘market pull’ rather than ‘technology push’ to define the direction of our business ventures.
As each venture reaches an appropriate level of maturity it is spun-off from the Planet Innovation parent company as a stand-alone entity, including securing direct capital funding to provide financial independence.
Both Zen Ecosystems and Lumos Diagnostics have been successfully launched as independent businesses after being incubated within Planet Innovation’s PI Labs division.
An intelligent energy management solution targeting commercial buildings.
Zen Ecosystems is a cloud-based energy management solution, connected to a smart thermostat, which addresses the gap in the market where 86% of all commercial buildings in the USA have no energy management solution. Zen Ecosystems is generating and analyzing real-time HVAC and environmental data from its commercial customers and intends to launch new services that improve energy efficiency and productivity at the grid-edge.
Point-of-care diagnostic solutions for clinical and consumer applications.
Lumos Diagnostics applies a combination of world-leading platform technologies with solution capability to address many of the fundamental limitations of point-of-care diagnostic tests. The technology enables point of care testing for a wide range of infectious diseases at a price point that the market can afford and at a sensitivity and specificity comparable to many laboratory based tests. Our connected solutions also enable the collection of valuable patient data that can drive new services and greater care.