Omegawave

Last updated
Omegawave
Founded1999;24 years ago (1999) in Portland, Oregon, USA
Founders
  • Leo Maskov
  • Val Nasedkin
  • Allen K. Huffstutter
Headquarters
Espoo
,
Finland
ServicesSports equipment manufacturing
Website www.omegawave.com   OOjs UI icon edit-ltr-progressive.svg

Omegawave Ltd. is a company that manufactures sports training equipment. It is based in Espoo, Finland. Omegawave was founded in 1999 and their products are based on the results of sports science research carried out by athletes and coaches from the former Soviet Union, and Soviet cosmonaut training technology. [1] [2]

Contents

In January 2013 they were listed by Talouselämä as one of Finland's most promising start-ups. [3]

History

The company began as OmegaWave Sport Inc. in Portland, Oregon, USA, being founded in 1999 by Leo Maskov, Val Nasedkin and Allen K. Huffstutter. The company was renamed Omegawave Ltd., and moved to Finland in 2012 after attracting investment from the Finnish innovation fund, Sitra, and Conor Venture Partners. [4]

The key to Omegawave's system is the way the software, developed by Vladimir Larionov and Leonid Masakov, interprets electrocardiography (EKG), and a very slow moving♙Omega brain wave, and compares them with each other to determine an individual's current physical state. [5]

With the move to Finland, Omegawave also attracted a number of former Nokia employees. Juha Pinomaa, who previously held a number of executive positions at Nokia and has also been President of Suunto, was advising the company in 2011, and served as the CEO in 2012–2014, followed by Gerard Bruen, another ex-Nokia executive. Chairman of the Board is Anssi Vanjoki, former vice CEO of Nokia and also Chairman of Amer Sports. [6] [7]

Two of the founders and original inventors of Omegawave's technology – Leo Masakov, Research Director, and Val Nasedkin, VP Business Development – also moved to Finland and continued working with the new company.[ citation needed ]

History of the technology

The need for the product to be non-invasive and non-stressful came directly from the inventors’ experience in Soviet athletics teams and the testing methods they used. At that time Soviet athletes were tested to assess their condition once or twice a year, with the tests taking place in a hospital. The tests included highly stressful methods such as muscle biopsies and exercising till exhaustion. Since the results became available several weeks later, and the athletes took a long time to recover, they were of no practical use to the coaches. [8] [9] The technology and techniques that eventually became Omegawave products were therefore designed with the specific purpose of being quick, non-stressful and non-invasive, and to provide results that were easy for coaches to interpret. Published studies appear to indicate that these non-invasive methods are, as intended, as reliable as the more invasive methods. [10] [11] [12] [13] [14]

Notable users

Lionel Messi from FC Barcelona, Mario Balotelli from AC Milan, and Steven Gerrard from Liverpool F.C., are known to have used Omegawave products to reduce their risk of injury. [15] The Russian National Triathlon team, the Seattle Sounders FC, and the Kentucky Wildcats are also known to use Omegawave products. [16] [17] [18]

Related Research Articles

<span class="mw-page-title-main">Nokia</span> Finnish multinational telecommunications, technology and electronics corporation

Nokia Corporation is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, in the greater Helsinki metropolitan area, but the company's actual roots are in the Tampere region of Pirkanmaa. In 2020, Nokia employed approximately 92,000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23 billion. Nokia is a public limited company listed on the Helsinki Stock Exchange and New York Stock Exchange. It was the world's 415th-largest company measured by 2016 revenues, according to the Fortune Global 500, having peaked at 85th place in 2009. It is a component of the Euro Stoxx 50 stock market index.

<span class="mw-page-title-main">Nokia, Finland</span> Town in Pirkanmaa, Finland

Nokia is a town and municipality in southwestern Finland. It lies on the banks of the Nokianvirta River in the region of Pirkanmaa, about 15 kilometres (9 mi) west of Tampere. The distance to Tampere Airport from Nokia is 16 kilometres (9.9 mi) using road connections when circling Lake Pyhäjärvi. Its neighboring municipalities are Hämeenkyrö, Pirkkala, Sastamala, Tampere, Vesilahti and Ylöjärvi. As of 19 September 2023 it has a population of 35,595 and it is one of the fastest-growing cities in the area; today, Nokia is the 33rd largest municipality of Finland by population and the second largest municipality in Pirkanmaa after Tampere.

<span class="mw-page-title-main">Nordic walking</span> Cross-country walking with poles

Nordic walking is a Finnish-origin total-body version of walking that can be done both by non-athletes as a health-promoting physical activity and by athletes as a sport. The activity is performed with specially designed walking poles similar to ski poles. Now and then this type of exercise in Finland is playfully called "dementia hiihto/dementia skiing."

<span class="mw-page-title-main">Jorma Ollila</span> Finnish businessman

Jorma Jaakko Ollila is a Finnish businessman who was chairman of Royal Dutch Shell from 1 June 2006 to May 2015, and at Nokia Corporation chairman from 1999 to 2012 and CEO from 1992 to 2006. He has been a director of Otava Books and Magazines Group Ltd. since 1996 and UPM-Kymmene since 1997, and an advisory partner at Perella Weinberg Partners, a New York–based boutique investment bank founded by Joseph R. Perella and Peter Weinberg in 2006.

<span class="mw-page-title-main">Elisa (company)</span> Finnish telecommunications company

Elisa Oyj is a Finnish telecommunications company founded in 1882. Its previous names were Helsingin Puhelin and Elisa Communications Oyj. Elisa is a telecommunications, ICT and online service company operating mainly in Finland and Estonia, but it also offers digital services for international operators and other companies. In Finland Elisa is the market leader in mobile and fixed network subscriptions. Elisa provides services for communication and entertainment, and tools for improving operating methods and productivity of organisations. It cooperates for example with Vodafone and Tele2.

The Nokia tune is a phrase from a composition for solo guitar, Gran Vals, composed in 1902 by the Spanish classical guitarist and composer Francisco Tárrega. It has been associated with Finnish corporation Nokia since the 1990s, becoming the first identifiable musical ringtone on a mobile phone; Nokia selected an excerpt to be used as its default ringtone.

Nokian Tyres plc, headquartered in Nokia, Finland, produces tyres for cars, trucks, buses, and heavy-duty equipment. Known for its winter tyres, Nokian is the only tyre manufacturer in the world with its own permanent winter tyre testing facility. The company's Hakkapeliitta brand name is recognised in Finland as a trademark.

Polar Electro Oy is a Finnish manufacturer of sports training computers, particularly known for developing the world's first wireless heart rate monitor.

<span class="mw-page-title-main">Nokia N97</span> 2008 smartphone from Nokia

The Nokia N97 is a high-end smartphone introduced on 2 December 2008 by telecommunications manufacturer Nokia as part of its Nseries and released in June 2009 as the successor to the Nokia N96 phone. The N97 was Nokia's second S60-based touchscreen phone, after the Nokia 5800 XpressMusic. The device featured slide-out QWERTY keyboard, and ran on the Symbian v9.4 operating system. Its design took cues from the Nokia N79. A smaller 'mini' version was later released.

Futurice is a digital innovation and engineering company with Finnish roots. The core business is developing and designing digital services and products. In addition, Futurice helps its clients to become more capable in the future by transforming company cultures, co-creating digital strategies, and turning technology into business. Futurice's purpose is "to catalyze progress by building and learning together." It was founded in 2000 and by 2019 it had employed more than 500 professionals. In 2012 and 2013, Futurice was chosen by the “Great Place” and “Work Institute” as the best place to work in both Finland and in Europe.

<span class="mw-page-title-main">Nokia N8</span> 2010 smartphone model manufactured by Nokia

The Nokia N8 is a touchscreen-based smartphone developed by Nokia. Announced on 27 April 2010, the Nokia N8 was the first device to run on the Symbian^3 mobile operating system and it was the company's flagship device for the year. It was released on 30 September 2010 at the Nokia Online Store before being released in markets around the world on 1 October 2010. There were two version made, the N8 and the N8-00. The N8 was made for Vodafone and locked to its networks, and the N8-00 was made by Microsoft and open network.

<span class="mw-page-title-main">Stephen Elop</span> Canadian businessman

Stephen Elop is a Canadian businessman who most recently worked at Australian telecom company Telstra from April 2016. In the past he had worked for Nokia as its first non-Finnish CEO and later as Executive Vice President, Devices & Services, as well as the head of the Microsoft Business Division, as the COO of Juniper Networks, as the president of worldwide field operations at Adobe Systems, in several senior positions in Macromedia and as the CIO at Boston Chicken.

<span class="mw-page-title-main">Nokia E7-00</span> Cell phone model

The Nokia E7-00, also known as Nokia E7, is a business-oriented QWERTY smartphone by Nokia from the Nokia Eseries. It was announced at Nokia World in September 2010 together with the Nokia C6-01 and Nokia C7 and started shipping in February 2011. It is the second phone after the Nokia N8 to be running the Symbian^3 operating system.

<span class="mw-page-title-main">Aaltoes</span> Entrepreneurship society

Aaltoes, also known as Aalto Entrepreneurship Society, is a non-profit organization run by students, based in Helsinki, Finland. Founded in 2009, Aaltoes has helped the rapid emergence of a startup culture in Finland in 2008-2011.

Skins, stylized SKINS, is an Australian manufacturing company founded in 1996 that designs and produces compression garment for athletes and sports enthusiasts. After filing for bankruptcy in 2019, the company was acquired by Hong Kong-based holding Symphony, which owns rights over the "Skins" brand.

<span class="mw-page-title-main">Activity tracker</span> Device or application for monitoring fitness

An activity tracker, also known as a fitness tracker, is a device or application for monitoring and tracking fitness-related metrics such as distance walked or run, calorie consumption, and in some cases heartbeat. It is a type of wearable computer. The term is now primarily used for smartwatches that are synced, in many cases wirelessly, to a computer or smartphone for long-term data tracking. There are also independent mobile and Facebook apps. Some evidence has found that the use of these type of devices results in less weight loss rather than more. Sleep tracker devices have a tendency to underdetect wakefulness.

<span class="mw-page-title-main">Microsoft Mobile</span> Defunct mobile phone manufacturer

Microsoft Mobile was a subsidiary of Microsoft involved in the development and manufacturing of mobile phones. Based in Espoo, Finland, it was established in 2014 following the acquisition of Nokia's Devices and Services division by Microsoft in a deal valued at €5.4 billion, which was completed in April 2014. Nokia's then-CEO, Stephen Elop, joined Microsoft as president of its Devices division following the acquisition, and the acquisition was part of Steve Ballmer's strategy to turn Microsoft into a "devices and services" company. Under a 10-year licensing agreement, Microsoft Mobile held rights to sell feature phones running the S30/S30+ platform under the Nokia brand.

Nokia is a Finnish multinational corporation founded on 12 May 1865 as a single paper mill operation. Through the 19th century the company expanded, branching into several different products. In 1967, the Nokia corporation was formed. In the late 20th century, the company took advantage of the increasing popularity of computer and mobile phones. However, increased competition and other market forces caused changes in Nokia's business arrangements. In 2014, Nokia's mobile phone business was sold to Microsoft.

Molok Oy is a Finnish company that manufactures and markets deep waste collection containers. In the deep collection system developed by Molok, more than half of the waste containers are underground. Molok is also a registered trademark.

WHOOP is an American wearable technology company headquartered in Boston, Massachusetts. Its principal product is a fitness tracker that measures strain, recovery, and sleep. The device is best known for its use by athletes.The device is often used to keep track of overall health and even detection of illness.

References

  1. ↑ "Omegawave Oy: Private Company Information - Businessweek". Investing.businessweek.com. 2013-06-23. Archived from the original on September 11, 2013. Retrieved 2013-11-25.
  2. ↑ "OmegaWaves' system takes the stress out of athlete stress tests - SportsBusiness Daily | SportsBusiness Journal | SportsBusiness Daily Global". SportsBusiness Daily. 2001-04-16. Retrieved 2013-11-25.
  3. ↑ "Talouselämä valitsi: Tässä ovat Suomen 20 lupaavinta startup-yritystä - Kasvuyritykset - Talouselämä" (in Finnish). Talouselama.fi. 2013-01-18. Retrieved 2013-11-25.
  4. ↑ "Sitra and Conor invest in Omegawave Ltd | Sitra". Sitra.fi. 2013-06-23. Retrieved 2013-11-25.
  5. ↑ Jon Rochmis. "Taking Athletes To the (VO2) Max". Wired.com. Retrieved 2013-11-25.
  6. ↑ "Omegawave Oy | Revolutionary Sports Training Innovation Gearing Up for a Global Roll-out". Newswire.ca. 2012-06-11. Retrieved 2013-11-25.
  7. ↑ "Anssi Vanjoki ja Juha Pinomaa nappasivat urheiluyhtiön USA:sta - miljoonasijoitus Conorilta - Kasvuyritykset - Talouselämä" (in Finnish). Talouselama.fi. Retrieved 2013-11-25.
  8. ↑ Hutchinson, Alex (2013-06-18). "The Wired Athlete | Runner's World". Runnersworld.com. Retrieved 2013-11-25.
  9. ↑ Hutchinson, Alex (2013-06-13). "Making Sense of Modern Fitness Data | Fitness - Health and Fitness Advice". OutsideOnline.com. Retrieved 2013-11-25.
  10. ↑ "Heart rate variability in elite American track-and-field athletes". Scholars.duke.edu. Retrieved 2013-11-25.
  11. ↑ Parrado, E.; García, M. Á.; Ramos, J.; Cervantes, J. C.; Rodas, G.; Capdevila, L. (2010). "Comparison of Omega Wave System and Polar S810i to Detect R-R Intervals at Rest". International Journal of Sports Medicine. 31 (5): 336–341. doi:10.1055/s-0030-1248319. PMID   20180175.
  12. ↑ Martín-Sánchez, F. J.; et al. (2011). "Functional status and inflammation after preseason training program in professional and recreational soccer players: a proteomic approach" (PDF). Journal of Sports Science & Medicine. Journal of Sports Science and Medicine 10. 10 (1): 45–51. PMC   3737914 . PMID   24149294 . Retrieved 2013-11-25.
  13. ↑ Tian, Y; He, ZH; Zhao, JX; Tao, DL; Xu, KY; Earnest, CP; Mc Naughton, LR (2013). "Heart rate variability threshold values for early-warning nonfunctional overreaching in elite female wrestlers". J Strength Cond Res. 27 (6): 1511–9. doi: 10.1519/JSC.0b013e31826caef8 . PMID   23715265. S2CID   207504826.
  14. ↑ Holman, AJ; Ng, E (2008). "Heart rate variability predicts anti-tumor necrosis factor therapy response for inflammatory arthritis". Auton Neurosci. 143 (1–2): 58–67. doi:10.1016/j.autneu.2008.05.005. PMID   18632310. S2CID   13311830.
  15. ↑ "Messi välttää loukkaantumiset suomalaisyrityksen järjestelmällä - Uutiset - Tietokone". Tietokone.fi. 2013-11-03. Retrieved 2013-11-25.
  16. ↑ "Russian National Triathlon Team Selects Omegawave As Training Solution Partner". Endurance Sportswire. 2013-04-18. Retrieved 2013-11-25.
  17. ↑ "Keeping The Seattle Sounders Healthy Via Data Mining And Visualization". Forbes. Retrieved 2013-11-25.
  18. ↑ Bruce Feldman. "Kentucky going all in on High-Performance training". CBSSports.com. Retrieved 2013-11-25.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.