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The one stat you need to know

Research last year by Credit Suisse called wearable tech “the next big thing” and predicted the industry was set to grow from around $3 billion to $5 billion today to $50 billion within five years.

What this episode is about and why you should care

Wearable technology is an up and coming trend.  You may have heard of popular of wearable devices such as the Fitbit and Nike Fuel Band, two popular products that are leading the charge with consumers. In the next few years hundreds of millions of wearable devices are projected to be purchased by consumers. It is only natural to conclude that businesses will find a way to incorporate wearable tech within the workplace. But how, when, what will the devices look like, and what impact will wearable technologies have in the workplace?  In this episode of the podcast I speak with Paul Daugherty CTO and Brent Blum Wearable Technology Practice Lead at Accenture. Paul and Brent share their perspectives on current uses of wearables in the workplace and share some great examples. We also explore what the future of wearables is going to look and what companies and consumers should be prepared for.

What you will learn in this episode

  • The impact that Google Glass has had on present technology and the future
  • What are the benefit of wearable tech for enterprises and consumers?
  • What stage are consumers at with wearable technology?
  • What stage are businesses at with the wearable technology?
  • What is the future of wearable technology for businesses?
  • Will wearable technology ever become mainstream?
  • The relationship between wearables and the internet of Things
  • How companies are integrating big data with the Internet of Things
  • Are consumers or businesses ahead in the wearable market?
  • What are some of the challenges in the next 3-5 years?
  • What is the future of wearable tech?
  • How is fashion being fused with wearable tech?

Links from the episode

Accenture

 

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