Steven Webster, asensei | Sports Data {Silicon Valley} 2018
(spirited music) >> Hey, welcome back everybody. Jeff Frick here with theCUBE. We are in the Palo Alto Studios for a CUBE Conversation. Part of our Western Digital Data Makes Possible Series, really looking at a lot of cool applications. At the end of the day, data's underneath everything. There's infrastructure and storage that's holding that, but it's much more exciting to talk about the applications. We're excited to have somebody who's kind of on the cutting edge of a next chapter of something you're probably familiar with. He's Steven Webster, and he is the founder and CEO of Asensei. Steven, great to see you. >> Likewise, likewise. >> So, you guys are taking, I think everyone's familiar with Fitbits, as probably one of the earliest iterations of a biometric feedback, for getting more steps. At the end of the day, get more steps. And you guys are really taking it to the next level, which is, I think you call it connected coaching, so I wondered if you could give everyone a quick overview, and then we'll dig into it a little bit. >> Yeah, I think we're all very familiar now with connected fitness in hindsight, as a category that appeared and emerged, as, like you say, first it was activity trackers. We saw those trackers primarily move into smartwatches, and the category's got life in it, life in it left. I see companies like Flywheel and Peloton, we all know Peloton now. >> [Jeff] Right. >> We're starting to make the fitness equipment itself, the treadmill, the bike, connected. So, there's plenty of growth in that category. But our view is that tracking isn't teaching, and counting and cheering isn't coaching. And so we see this opportunity for this new category that's emerging alongside connected fitness, and that's what we call connected coaching. >> Connected coaching. So the biggest word, obviously, instead of fitness tracker, to the connected coaching, is coaching. >> Yeah. >> So, you guys really think that the coaching piece of it is core. And are you targeting high-end athletes, or is this for the person that just wants to take a step up from their fitness tracker? Where in the coaching spectrum are you guys targeting? >> I saw your shoe dog, Phil Knight, founder of Nike, a book on the shelf behind you there, and his co-founder, Bill Bowerman, has a great quote that's immortalized in Nike offices and stores around the world: "If you have a body, you're an athlete." So, that's how we think about our audience. Our customer base is anyone that wants to unlock their athletic potential. I think if you look at elite sports, and elite athletes, and Olympic athletes, they've had access to this kind of technology going back to the Sydney Olympics, so we're really trying to consumerize that technology and make it available to the people that want to be those athletes, but aren't those athletes yet. You might call it the weekend warrior, or just the committed athlete, that would identify, identify themselves according to a sport that they play. >> So, there's different parts of coaching, right? One, is kind of knowing the techniques, so that you've got the best practices by which to try to practice. >> [Steven] Yep. >> And then there's actually coaching to those techniques, so people practice, right? Practice doesn't make perfect. It's perfect practice that makes perfect. >> [Steven] You stole our line, which we stole from someone else. >> So, what are you doing? How do you observe the athlete? How do you communicate with the athlete? How do you make course corrections to the athlete to move it from simply tracking to coaching? >> [Steven] I mean, it starts with, you have to see everything and miss nothing. So, you need to have eyes on the athlete, and there's really two ways we think you can do that. One is, you're using cameras and computer vision. I think most of us are familiar with technologies like Microsoft Connect, where an external camera can allow you to see the skeleton and the biomechanics of the athlete. And that's a big thing for us. We talk about the from to being from just measuring biometrics: how's your heart rate, how much exertion are you making, how much power are you laying down. We need to move from biometrics to biomechanics, and that means looking at technique, and posture, and movement, and timing. So, we're all familiar with cameras, but we think the more important innovation is the emergence of smart clothing, or smart apparel, and the ability to take sensors that would have been discrete, hard components, and infuse those sensors into smart apparel. We've actually created a reference design for a motion capture sensor, and a network of those sensors infused in your apparel allows us to recover your skeleton, but as easily as pulling on a shirt or shorts. >> [Jeff] So you've actually come up with a reference design. So, obviously, begs a question: you're not working with any one particular apparel manufacturer. You really want to come up with a standard and publish the standard by which anyone could really define, capture, and record body movements, and to convert those movements from the clothing into a model. >> No, that's exactly it. We have no desire to be in the apparel industry. We have no desire to unseat Nike, Adidas, or Under Armour. We're actually licensing our technology royalty-free. We just want to accelerate the adoption of smart apparel. And I think the thing about smart apparel is, no one's going to walk into Niketown and say, "Where's the smart apparel department? "I don't want dumb apparel anymore." There needs to be a compelling reason to buy digitally enhanced apparel, and we think one of the most compelling reasons to buy that is so that we can be coached in the sport of our choice. >> [Jeff] So, then you're starting out with rowing, I believe, is your first sport, right? >> [Steven] That's correct, yeah. >> And so the other really important piece of it, is if people don't have smart apparel, or the smart apparel's not there yet, or maybe when they have smart apparel, there's a lot of opportunities to bring in other data sources beyond just that single set. >> [Steven] And that's absolutely key. When I think about biomechanics, that's what goes in, but there's also what comes out. Good form isn't just aesthetic. Good form is in any given sport. Good form and good technique is about organizing yourself so that you perform most efficiently and perform most effectively. Yeah, so you corrected a point in that we've chosen rowing as one of the sports. Rowing is all about technique. It's all about posture. It's all about form. If you've got two rowers who, essentially, have the same strength, the same cardiovascular capability, the one with the best technique will make the boat move faster. But for the sport of rowing, we also get a tremendous amount of telemetry coming off the rowing machine itself. A force curve weakened on every single pull of that handle. We can see how you're laying down that force, and we can read those force curves. We can look at them and tell things like, are you using your legs enough? Are you opening your back too late or too early? Are you dominant on your arms, where you shouldn't be? Is your technique breaking down at higher stroke rates, but is good at lower stroke rates? So it's a good place for us to start. We can take all of that knowledge and information and coach the athlete. And then when we get down to more marginal gains, we can start to look at their posture and form through that technology like smart apparel. >> There's the understanding what they're doing, and understanding the effort relative to best practices, but there's also, within their journey. Maybe today, they're working on cardio, and tomorrow, they're working on form. The next day, they're working on sprints. So the actual best practices in coaching a sport or particular activity, how are you addressing that? How are you bringing in that expertise beyond just the biometric information? >> [Steven] So yeah, we don't think technology is replacing coaches. We just think that coaches that use technology will replace coaches that don't. It's not an algorithm that's trying to coach you. We're taking the knowledge and the expertise of world-class coaches in the sport, that athletes want to follow, and we're taking that coaching, and essentially, think of it as putting it into a learning management system. And then for any given athlete, Just think of it the way a coach coaches. If you walked into a rowing club, I don't know if you've ever rowed before or not, but a coach will look at you, they'll sit you on a rowing machine or sit you on a boat, and just look at you and decide, what's the one next thing that I'm going to teach you that's going to make you better? And really, that's the art of coaching right there. It's looking for that next improvement, that next marginal gain. It's not just about being able to look at the athlete, but then decide where's the improvement that we want to coach the athlete? And then the whole sports psychology of, how do you coach his improvements? >> Because there's the whole hammer versus carrot. That's another thing. You need to learn how the individual athlete responds, what types of things do they respond better to? Do they like to get yelled? Do they like to be encouraged? Did they like it at the beginning? Did they like it at the end? So, do you guys incorporate some of these softer coaching techniques into the application? >> Our team have all coached sport at university-level typically. We care a lot and we think a lot about the role of the coach. The coach's job is to attach technique to the athlete's body. It's to take what's in your head and what you've seen done before, and give that to the athlete, so absolutely, we're thinking about how do you establish the correct coaching cues. How do you positively reinforce, not just negatively reinforce? Is that person a kinesthetic learner, where they need to feel how to do it correctly? Are they a more visual learner, where they respond better to metaphor? Now, one of the really interesting things with a digital coach is the more people we teach, the better we can get at teaching, because we can start to use some of the techniques of enlarged datasets, and looking at what's working and what's not working. In fact, it's the same technology we would use in marketing or advertising, to segment an audience, and target content. >> Right. >> [Steven] We can take that same technology and apply it how we think about coaching sports. >> So is your initial target to help active coaches that are looking for an edge? Or are you trying to go for the weakend warrior, if you will? Where's your initial market? >> For rowing, we've actually zeroed in on three athletes, where we have a point of view that Asensei can be of help. I'll tell you who the three are. First, is the high school athlete who wants to go to college and get recruited. So, we're selling to the parent as much as we're selling to the student. >> [Jeff] That's an easy one. Just show up and be tall. >> Well, show up, be tall, but also what's your 2k time? How fast can you row 2,000 meters? That's a pretty important benchmark. So for that high school athlete, that's a very specific audience where we're bringing very specific coaches. In fact, the coach that we're launching with to that market, his story is one of, high school to college to national team, and he just came back from the Olympics in Rio. The second athlete that we're looking at is the person who never wants to go on the water, but likes that indoor rowing machine, so it's that CrossFit athlete or it's an indoor rower. And again, we have a very specific coach who coaches indoor rowing. And then the third target customer is-- >> What's that person's motivation, just to get a better time? >> Interesting, in that community, there's a lot of competitiveness, so yeah, it's about I want to get good at this, I want to get better at this. Maybe enter local competitions, either inside your gym or your box. This weekend, in Boston, we have just had one of the largest indoor world, it was the World Indoor Rowing Championships, the C.R.A.S.H B's. There's these huge indoor rowing competitions, so that's a very competitive athlete. And then finally we have, what would be the master's rower or the person for whom rowing is. There's lots of people who don't identify themselves as a rower, but they'll get on a rowing machine two or three times a week, whether it's in their gym or whether it's at home. Your focus is strength, conditioning, working out, but staying injury-free, and just fun and fitness. I think Palaton validated the existence of that market, and we see a lot of people wanting to do that with a rowing machine, and not with a bike. >> I think most of these people will or will not have access to a primary coach, and this augments it, or does this become their primary coach based on where they are in their athletic life? >> [Steven] I think it's both, and certainly, and certainly, we're able to support both. I think when you're that high school rower that wants to make college, you're probably a member of either your school rowing crew or you're a member of a club, but you spend a tremendous amount of time on an erg, the indoor rowing machine, and your practice is unsupervised. Even though you know what you should be doing, there's nobody there in that moment watching you log those 10,000 meters. One of our advisors is, actually, a two-times Olympic world medalist from team Great Britain, Helen Glover. And Helen, I have a great quote from Helen, where she calculated for the Rio Olympics, in the final of the Rio Olympics, every stroke she took in the final, she'd taken 16,000 strokes in practice, which talks to the importance of the quality of that practice, and making sure it's supervised. >> The bigger take on the old 10,000 reps, right? 16,000 per stroke. >> Right? >> Kind of looking forward, right, what were some of the biggest challenges you had to overcome? And then, as you looked forward, right, since the beginning, were ubiquitous, and there's 3D goggles, and there'll be outside-in centers for that whole world. How do you see this world evolving in the immediate short-term for you guys to have success, and then, just down the road a year or two? >> That's a really good question. I think in the short-term, I think it's incumbent on us to just stay really focused in a single community, and get that product right for them. It's more about introducing people to the idea. This is a category creation exercise, so we need to go through that adoption curve of find the early adopters, find the early majority, and before we take that technology anywhere towards our mass market, we need to nail the experience for that early majority. And we think that it's largely going to be in the sport of rowing or with rowers. The cross participation studies in rowing are pretty strong for other sports. Typically, somewhere between 60-80% of rowers weight lift, bike, run, and take part in yoga, whether yoga for mobility and flexibility. There's immediately adjacent markets available to us where the rowers are already in those markets. We're going to stick there for awhile, and really just nail the experience down. >> And is it a big reach to go from tracking to coaching? I mean, these people are all super data focused, right? The beauty of rowing, as you mentioned, it's all about your 2k period. It's one single metric. And they're running, and they're biking, and they're doing all kinds of data-based things, but you're trying to get them to think really more on terms of the coaching versus just the tracking. Has that been hard for them to accept? Do you have any kind of feel for the adoption or the other thing, I would imagine, I spent all this money for these expensive clothing. Is this a killer app that I can now justify having? >> Right, right, right. >> Maybe fancier connected clothes, rather than just simply tracking my time? >> I mean, I think, talking about pricing in the first instance. What we're finding with consumers that we've been testing with, is if you can compare the price of a shirt to the price of shirt without sensors, it's really the wrong value proposition. The question we ask is, How much money are you spending on your CrossFit box membership or your Equinox gym membership? The cost of a personal trainer is easily upwards of $75-100 for an hour. Now, we can give you 24/7 access to that personal coaching. You'll pay the same in a year as you would pay in an hour for coaching. I think for price, it's someone who's already thinking about paying for personal coaching and personal training, that's really where the pricing market is. >> That's interesting, we see that time and time again. We did an interview with Knightscope, and they have security robots, and basically, it's the same thing. They're priced comparisons was the hourly rate for a human counterpart, or we can give it to you for a much less hourly rate. And now, you don't just get it for an hour, you get it for as long as you want to use it. Well, it's exciting times. You guys in the market in terms of when you're going G80? Have a feel for-- >> Any minute now. >> Any minute now? >> We have people using the product, giving us feedback. My phone's switched off. That's the quietest it's been for awhile. But we have people using the product right now, giving us feedback on the product. We're really excited. One in three people, when we ask, the metric that matters for us is net promoter score. How likely would someone recommend asensei to someone else? One in three athletes are giving us a 10 out of 10, so we feel really good about the experience. Now, we're just focused on making sure we have enough content in place from our coaches. General availability is anytime soon. >> [Jeff] Good. Very exciting. >> Yeah, we're excited. >> Thanks for taking a few minutes of your day, and I actually know some rowers, so we'll have to look into the application. >> Right, introduce us. Good stuff. >> He's Steven Webster, I'm Jeff Frick. You're watching theCUBE. We're having a CUBE Conversation in our Palo Alto Studios. Thanks for watching. (bright music)
SUMMARY :
and he is the founder and CEO of Asensei. And you guys are really taking it to the next level, and the category's got life in it, life in it left. And so we see this opportunity for this new category So the biggest word, obviously, instead of fitness tracker, Where in the coaching spectrum are you guys targeting? a book on the shelf behind you there, One, is kind of knowing the techniques, to those techniques, so people practice, right? [Steven] You stole our line, and the ability to take sensors that would have been and publish the standard by which is so that we can be coached in the sport of our choice. And so the other really important piece of it, But for the sport of rowing, we also get a tremendous amount There's the understanding what they're doing, that's going to make you better? So, do you guys incorporate some of these softer coaching and give that to the athlete, and apply it how we think about coaching sports. First, is the high school athlete [Jeff] That's an easy one. In fact, the coach that we're launching with to that market, or the person for whom rowing is. in the final of the Rio Olympics, The bigger take on the old 10,000 reps, right? in the immediate short-term for you guys to have success, and really just nail the experience down. And is it a big reach to go from tracking to coaching? Now, we can give you 24/7 access to that personal coaching. for a human counterpart, or we can give it to you the metric that matters for us is net promoter score. [Jeff] Good. and I actually know some rowers, Good stuff. We're having a CUBE Conversation in our Palo Alto Studios.
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