Anna, a software engineer at an IT firm, has been struggling to read the words on her computer screen. She visits an ophthalmologist, who prescribes that she use reading glasses. What if she opted for a pair of smart contact lenses that helped her read better but also let her switch modes to ‘connect’ to her official email on the go? That’s the future of the potential capability amplifying effects of wearable technology!
Wearable Technology (WT) is indeed poised to be the next big tech revolution within enterprises. Defined as anything from smart watches and health monitors to intelligent clothing and eyewear - wearable technology isn’t just a novel way of carrying, viewing, and accessing data. It is a way for the physical and digital realms to come together and create a new world of incessant knowledge and information for anyone, anytime. Wearable technology, simply put, is a gateway to a world of truly ‘connected’ lives. It is estimated that the global wearable electronics market will cross USD 8 bn in 2018, with enterprise and industrial applications growing more than 21%. What does this mean for organizations’ IT infrastructure and services?
Whether it be checking a document on a smart watch or manipulating extensive spreadsheets with eyewear, wearable technology is expected to become an organizational expectation in the next decade. With this technology’s integration in daily business operations, app generation, and device interconnectivity, IT infrastructure will act as the bridge between data and consumers. It will become necessary for organizations to update their security policy, incorporating employee’s wearable devices and creating a seamless system, where wearable technology leverages IT infrastructure to enable employees. In addition, data privacy will become a primary concern, as transferring confidential information will become easier than ever before. Tomorrow’s enterprise will have to both unobtrusively monitor wearable devices and integrate this technology with legacy systems.
The impact of this technology is already transforming enterprises within the healthcare, sports, manufacturing, travel, and entertainment industries. In the manufacturing industry, smart glasses, sensors, and bands already help workers communicate, access information, and input data. Moreover, it facilitates work allocation, time management, and monitoring of accident-prone areas. In Spain wearables are enabling 24/7 video conferencing for the banking industry. Elsewhere in Europe’s travel sector, smart headgear helps agents in the travel industry complete boarding pass and passport verification. Industry reports forecast that the Business Intelligence (BI) revenue generated by the wearable devices market will touch USD 14,000 mn by 2018.
The most powerful impact of wearable technology within enterprises lies in its immediacy. As a result, when businesses are built with wearable technology embedded into their IT backbone, superfast seamless solutions and real –time backend support are much easier.
How do you see wearable technology assisting enterprises to create more powerful products and solutions? Share your views with us in the comments box below.
Business Intelligence,smart watch,wearable devices,wearable technology