Drilling for new 'oil' of big data. Two years ago, mobile phone company EE was forced to defend itself against accusations that it had been hawking personal information compiled about its 27 million customers, including details of gender, age, address and what websites they had visited, for sale to London’s Metropolitan Police.
EE was forced to explain that the information, which would have been used to tackle crime, was completely anonymised, but the public outcry put paid to any thoughts of a deal being struck. The irony is that the amount of data consumers willingly volunteer, via their smartphones and apps such as Facebook, makes the EE episode seem like child’s play. This only increases with the advent of wearable technology and connectivity through the internet of things where everything from thermostats to cars and light bulbs are feeding back information that could be analysed.
Dave Richards, chief executive of WANdisco, says: “Data is the new oil. Data analytics tools. How is wearable tech changing the healthcare system? - Raconteur. We’ve never been more in control of monitoring our health.
From wristband step and heart-rate trackers to weighing scales that monitor body fat, wearable and self-monitoring medical technology is changing the way we think about our own biology. Soon there will even be implants with sensors, which can measure blood data in people with diabetes. This high-tech approach to healthcare is popular too. According to a recent survey by software service company Trustmarque and YouGov, 81 per cent of respondents said they would like to see more connected and wearable devices used in healthcare, with half of respondents saying they thought wearables were potentially most useful to monitor vulnerable people. Where's the money going in wearable technology – raconteur.net. Apple’s launch of its smart watch made it the latest tech giant to enter the wearable technology space.
But unlike the California blue-chip technology giant, not everybody has access to billions of dollars in cash reserves. For startups, funding can be difficult to come by with many not knowing where to turn for much-needed capital. Many good ideas remain on the drawing board due to risk-averse banks. While self-funding can be an option in the early stages, to gain traction in the fast-moving and extremely competitive technology market, other sources of funding are often needed. With global retail revenue from smart wearable devices set to reach $53.2 billion by 2019, according to technology analysts Juniper Research, it’s easy to see why investors might be tempted. Top wearables across 10 key sectors. 1.
Finance The obvious application for wearables in finance would be stock price tickers and alerts. In fact, the industry is far more interested in the health implications of wearables. The history of wearable technology –raconteur.net. Academia is littered with forward-thinkers predicting a communication revolution centred on devices worn on the self, while the popular media have been throwing up ideas of how these gadgets might look and operate for decades.
But we’re finally at a point where these prophecies are ringing true. The recent unveiling of the Apple Watch is just an early breakthrough of mainstream attention for an industry that may well be in its infancy, but one that has been bubbling away for more than 60 years and is set to explode like no technological revolution has ever done before. A recent report from CCS Insight forecast that the wearable market was set to expand from 9.7 million device shipments in 2013 to 135 million in 2018; and IT analysts Canalys gave weight to those forecasts by revealing that the wearable smartband market had rocketed an incredible 684 per cent, year-on-year, for the first half of 2014.
Wearable Technology. Racontteur Wearable Technology Dashboard 2016. Wearable technology special report – raconteur.net. Wearable technology is booming, powered by photonics. 21 June 2016, SPIE Newsroom.
DOI: 10.1117/2.2201606.01 Wearable sensors make up one of the fastest-growing technology markets. According to market research firm International Data Corporation, total global shipment volumes of wearables reached 19.7 million units in 1Q16, an increase of 67.2 percent from the 11.8 million units shipped in 1Q15. Does the Bluetooth dress signal the future of fashion? When it comes to designing stylish smart phones, Sony Ericsson has the mobile market cornered.
Just look at the company’s gorgeous iida G9. The fashion-minded folks at the company don’t stop there, though. Wearable Technology and Wearable Devices: Everything You Need to Know. Everything You Need to Know Introduction to Wearable Technology What is Wearable Technology?
What are Wearable Devices? The terms “wearable technology“, “wearable devices“, and “wearables” all refer to electronic technologies or computers that are incorporated into items of clothing and accessories which can comfortably be worn on the body. 71% Of 16-To-24-Year-Olds Want 'Wearable Tech.' Why Don't I Even Want To Wear A Watch?
I just came across an intriguing stat this morning from GlobalWebIndex that 71% of those aged 16 t0 24 want “wearable tech.”
Which they define as a smart watch, smart wristband or Google GOOGL +0.70% Glass. According to GlobalWebIndex, 64% of global internet users have worn a piece of wearable tech already or are “keen to do so in the future.” Men, at 69%, are keener in the aggregate than women, at 56%. All of this reminded me yet again how dinosaurish I am, not that I need a whole lot of reminding, and how disconnected I am from much of the world.