Post on 21-Jan-2016
transcript
WEARABLE TECHNOLOGY
BUS 237 – GROUP ONE
ASHLEY CHAN, DERRICK CHUI, SCOTT QUON & RACHEL ZHANG
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
WHAT ARE WEARABLES?
ELECTRONIC TECHNOLOGY
THAT HAS BEEN INCORPORATED INTO CLOTHING & ACCESSORIES
WHERE DO WE
GO FROM HERE?
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
BACKGROUND 266+ WEARABLES ON THE MARKET TO DATE
RANGE OF PRODUCTS
SMART WATCHES
ACTIVITY TRACKERS
APPAREL
AND MORE….
2014 – “THE YEAR”
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
IN THE NEWS
“THE WEARABLE TECH
CONVERSATION WILL QUICKLY SHIFT FROM DISCUSSION
OF YOUR WEARABLE (SINGULAR) TO THE
SYSTEM OF SENSORS ON YOUR BODY AT ANY POINT
IN TIME.”WIRED
“WEARABLES ARE LEADING A REVOLUTION
TO COMBINE DESIGN WITH INGENUITY TO MAKE
NEW PRODUCTS”THE NEW YORK
TIMES(MARCH 18, 2015)
“THE INDUSTRY IS REACHING OUT FOR THE DESIGN SAVVY
THAT WILL HELP MOVE THE NEW DEVICES
BEYOND EARLY ADOPTERS AND
FITNESS FANATICS TO MASS APPEAL.”
THE WALL STREET JOURNAL
(SEPTEMBER 11, 2014)
“THE BIGGEST CHALLENGE FACING WEARABLES IS THE
ABSENCE TO DATE OF A “KILLER APP””
THE ECONOMIST(MARCH 14, 2015)
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
ANALYSIS OF ADVANTAGES
PORTABILITY
ACCESSIBILITY
INCREASED DATA COLLECTION
INCREASED PRODUCTIVITY
INCREASED EFFICIENCY
FASHIONABLE FACTOR
HEALTHCARE OPPORTUNITIES
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
ANALYSIS OF DISADVANTAGES
UNKNOWN HEALTH RISKS
PRIVACY CONCERNS
DESIGN ISSUES
“BULK”
FUNCTIONALITY
HACKING
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
SMART WATCHES
BRAND MODELS PRICE
APPLE WATCH SPORTWATCHWATCH EDITION
$349+$399+$10 000+
PEBBLE PEBBLEPEBBLE STEEL
$99$199
LG G WATCHURBANE
$230TBA
SAMSUNG GEAR LINE $200
MOTO 360 $246
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
ACTIVITY TRACKERS
BRAND MODELS PRICE
FITBIT ZIPONEFLEXCHARGECHARGE HRSURGE
$69.95$119.95$119.95$149.99$179.95$299.99
JAWBONE UPUPMOVEUP24UP3
$49.95$59.99$139.99$179.99
NIKE(made by Tom Tom)
FUELBAND SESPORT WATCH GPS
$99.99$199
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
OTHER USES
GAMING OCULUS RIFT
CASTAR
VUZIX
1200DX-AR
1200DX-VR
1200 DX
HEALTH RELATEDAPPAREL ACTIVITY
TRACKERS
PACEMAKERS
HEARING AIDS
INSULIN PUMPS
SMART WATCHES
GOOGLE GLASS
NIKE+
BLUETOOTH HEADSETS
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
BARRIERS TO ADOPTION PRIVACY CONCERNS
UNABLE TO DIFFERENTIATE BETWEEN USERS
SECURITY BREACHES
INCREASED CONCERN FROM PUBLIC
UNKNOWN HEALTH RISKS
USE OF WIRELESS TECHNOLOGIES
PROXIMITY TO BODY
HIGH INITIAL COST
RELIES ON EARLY ADOPTERS
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
FUTURE APPLICATIONS SERVICES
INSURANCE PURPOSES
CHECK IN PROCESSES
HOTELS
FLIGHTS
SALES
FPOS
HEALTHCARE AND MEDICAL USES
$2.8 BILLION SPENT ON MEDICAL WEARBLES
5 YEAR PREDICTION - $8.3 BILLION MARKET
ENTERTAINMENT
GAMING
BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY
HEALTHCARE APPLICATIONS HEALTH MONITORING
HEART-RATE MONITORS
DELIVERY DEVICES
INSULIN PUMPS
FUTURE USES
INGESTIBLE TECHNOLOGY
IMPLATABLE TECHNOLOGY
WHERE DO WE GO FROM HERE?
THE FUTURE OF WEARABLES
THANK YOU FOR LISTENING