Vandrico and Deloitte creating a wearable technology database
Vandrico and Deloitte creating a wearable technology database
A bewildering amount of new wearables have been built and purchased by consumers during the past few years. And so Vancouver-based industrial solutions firm Vandrico Inc. and global accounting and consultancy firm Deloitte recently teamed up to develop a “Wearable Technology Database,” with the goal of creating a list that includes every wearable product.
The database currently includes 442 devices from 306 companies; they are defining wearables as a basket of smart technologies that are incorporated into items that can be worn — like smartwatches, clothing or fitness bands.
See Also: Are smart clothes the future of wearables?
“Industries all over the world are now adopting wearables as a way to keep employees safe on the job,” stated Vandrico CEO Gonzalo Tudela in a comment to MobileSyrup.
The listing is categorized by neck, torso, head, arms, chest, wrists, legs and feet and hands. They are trying to grow the database to 700 items by the end of 2016.
Big growth seen in wearables
According to Gartner Research, revenues from the wearable industry will produce revenues over $ 28 billion in 2016, which is an increase of 18.4 percent. Smartwatches will make up one of the largest portions of that growth.
“Of all the fitness wearables, sports watches will be the one product category to maintain its average retail price over the next several years,” said McIntyre. “Race runners, cyclists and divers will choose sports watches over smartwatches because the user interface, capabilities and durability are tailored to the needs of an athlete in their sport. Continued advances in sensors and analytics for sports watches will bring new capabilities that bolster average retail prices,” states Angela McIntyre, the research director for Gartner.
With the huge projected growth in the wearable sector, finally having a complete view of the wearable landscape may help consumers and corporate customers alike make more intelligent decisions of these new technologies.
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