LogicMark, a cutting-edge provider of personal emergency response systems (PERS), health communication devices, and IoT technologies, is on a mission to redefine the future of personal safety. In a recent interview with Benzinga, CEO Chia-Lin Simmons discussed the company’s growth strategies and its ambitious plans to expand beyond its traditional focus on aging adults.
Simmons highlighted LogicMark’s shift from a one-time purchase hardware model to a subscription-based SaaS (Software as a Service) model, generating recurring revenue and increasing shareholder value. This strategic move not only creates a more sustainable business model but also allows LogicMark to continuously innovate and provide its customers with the latest technology and features.
But LogicMark’s ambitions don’t stop there. The company is actively expanding its offerings to cater to a wider audience, recognizing that personal safety is essential for people of all ages and lifestyles. This expansion will see LogicMark developing solutions that meet the diverse needs of individuals and families, from younger adults seeking peace of mind to active seniors looking to maintain their independence.
By embracing a forward-thinking approach and embracing a broader market, LogicMark is positioning itself as a leading player in the rapidly evolving personal safety landscape. Simmons’s vision for the company’s future is clear: to empower individuals with the tools and technology they need to feel safe and secure, regardless of their age or circumstances.
To learn more about LogicMark’s innovative solutions and its vision for the future, watch the full interview with CEO Chia-Lin Simmons on Benzinga.
