For those interested in developing their understanding of Nuheara's moat, our current competitive advantages, and of a competitor in the hearing space more so than others – Alango.
Alango Technologies website:
http://www.alango.com/
How long have they been working in this field:
http://www.alango.com/about-us.php#History
Their product that sits in the Nuheara space:
http://www.alango.com/userfiles/HearPhones_RD_Concept.pdf
Their Hearable product presentation (thanks Howard Ino):
Their DSP (Digital Signal Processing) technologies:
http://www.alango.com/technologies-overview.php
DSP generally:
https://www.techopedia.com/definition/2360/digital-signal-processing-dsp
Speech recognition enhancement (Hearables):
http://www.alango.com/speech-recognition-enhancement-w.php
Not using amsAG chips:
http://www.alango.com/company-partners.php
https://www.nuheara.com/nuheara-partners-global-semiconductor-manufacturer-ams-ag-launch-liveiq/
Pretty strong participation at the industry level:
http://www.alango.com/company-customers.php
Events – moving in the same circles:
http://www.alango.com/news-events.php
By my reckoning:
- They've been around in the field quite a while - but then if you include Sensear's years, so have Nuheara.
- They are well established as a company - probably got quite a few more dollars than Nuheara to inject into their hearables programme.
- Unlike most of our competitors, its about Hearing Health for them - an exact match to our space re IQbuds/BOOST.
- They are multi-focussed - whereas Nuheara are working in a much narrower band.
- They are very unskilled in terms of a consumer facing product. I'd assess them as very uncool in this area.
- They are definitely lagging Nuheara - Id say by about two years in terms of their hearable product.
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