Iqbal will set up a strategic consulting arm inside ABC Health to advise on partnerships, M&A and synthetic intelligence
ABC Health, one of many health and wellness business’s largest software program suppliers, has employed SweatWorks founder Mohammed “Mo” Iqbal as its chief technique officer, the corporate introduced Tuesday.
Within the newly created function, Iqbal will set up a strategic consulting observe inside ABC Fitness to advise the corporate on partnerships, mergers and acquisitions (M&A), and common innovation, together with synthetic intelligence (AI). Iqbal will work carefully with ABC Health chief product officer Finn Hegarty within the new function, the corporate stated. He’ll be primarily based in Arlington, Virginia.
“Mo brings a wealth of expertise and a visionary strategy to the health business, leveraging his experience in technique, partnerships and know-how, “ ABC Health CEO Invoice Davis stated of the appointment. “ABC Health is already serving to over 30,000 health operators across the globe, and with Mo’s management, we’ll set up a strategic consulting observe that may assist assist our buyer’s more and more specialised wants and the wellness business as a complete.”
Iqbal involves ABC Health with high-level expertise in digital innovation, consulting and entrepreneurship. He based SweatWorks in 2012, a digital company specializing in health know-how that’s labored with high manufacturers together with EGYM, Flex and Pvolve.
Iqbal has served as the CEO of SweatWorks since founding the company in 2012; he’ll now transition to a boss function, advising SweatWorks on technique and imaginative and prescient.
“There are just a few firms on this planet I’d contemplate becoming a member of, and ABC Health was actually on the high of that listing,” Iqbal instructed ATN, praising the software program agency for its giant consumer roster of gyms and studios, and its dedication to establishing long-term partnerships with health operators.
In his early days on the job, Iqbal will deal with organising the strategic consulting arm inside ABC Health, with a specific eye on partnerships, M&A alternatives and driving innovation round AI.
“ABC Health goes to be diving closely into AI in numerous capacities,” Iqbal stated. “We have already got some good partners in the AI ecosystem, and AI goes to be one thing you’ll be seeing and listening to rather a lot from ABC Health over the subsequent yr.”
As health and wellness manufacturers race to integrate AI into their digital offerings, Iqbal believes ABC Health has a leg up on the competitors because of information – the software program agency’s merchandise serve round 40 million members and over 30,000 health companies the world over.
“To be able to construct actually good AI that’s structured in the best method, you want information,” Iqbal stated. “The size of ABC Health permits us to innovate in methods – particularly leveraging AI – that no different firm in our class can as we speak.”
