Wednesday 27 July 2016

HOW WEARABLE TECHNOLOGY CAN BE AN INDUSTRY GAME CHANGER




Wearable technology is the growing trend of fusing electronics with standard accessories such as watches, glasses, and bracelets. Wearable tech has reached a tipping point for mainstream adoption as developers tap into the devices full potential to find innovative ways to incorporate wearable devices into day-to-day business operations. These devices can offer numerous benefits to businesses by increasing efficiency, improving customer experiences, and reducing human error. These innovations can be used across multiple industries including healthcare, retail, education, finance, insurance, and gaming.
Healthcare:
The healthcare industry has long used wearable devices like blood glucose meters and pacemakers, to improve the quality of care and survivability in patients with arrhythmia and diabetes. In an industry where improving patient outcomes is vital to the continued success of the provider, it comes as no surprise that the healthcare industry has been quick to bring externally worn medical devices into the patient care continuum. Devices called fit bands can provide real-time monitoring of heart rate, glucose levels, calorie counts, distances ran, walked, or biked, blood oxygen levels, and sleep cycles. Patients who wear these devices can have their health stats immediately integrated with their Electronic Medical Records (EMR). In addition to EMR integration, these devices can be interfaced with customized mobile applications to track the progression of treatment and help patients meet wellness goals to avoid a relapse in illness. Health and lifestyle fitness bands can be integrated with first response software to provide patients with critical emergency services during health crises that may leave them unable to contact EMT services. Google Glass has also been embraced by healthcare practitioners for use in patient examination, surgical quality assurances, recovery monitoring, and recording physical plus psychological therapy.
Retail:
Although there is a market for creating customer facing applications that integrate with wearable devices such as smart watches and glasses to provide a more complete brand immersion experience, the real game changer for the retail industry is how wearable devices can improve inventory control and employee productivity. Smart glasses and smart watches with RFID or barcode reading capabilities integrated to inventory control software applications and back-office analytics provide a more convenient solution to inventory management. Additionally, these devices can be used for quality control by allowing the wearer to use image capture capabilities to produce real-time evidence of damaged inventory directly to the inventory control application. Wearable devices can also substitute as mobile payment platforms that allow merchants, suppliers, and retailers to process payments without being tied to a static point-of-sale system.
Education:
Educational software comes with the overarching goal of making learning more accessible, interactive, and successful for students of all ages. Therefore, it is only natural that educators would be interested in technology that can improve learning outcomes for their students. Wearable tech in the classroom  can give students a safer, more highly interactive learning experience while providing educators with the ability to record and track student performance in real-time.
Finance and Insurance:
Wearable computers can also have a significant effect on the financial services industry. In addition to adaptable client-facing banking applications and voice activated payment transaction platforms, field agents can use smart devices for real-time appraisals and on-site damage claims verification. These applications, when integrated with claims management systems, can increase employee efficiency and speed the claims process. However, it is important to note that security in financial applications is just as important as functionality and appearance, so those looking to build a financial application for wearable devices should take care to ensure their software adheres to the same strict standards that apply to other applications within the industry.
Gaming:
There is an unprecedented opportunity for game developers to create apps designed specifically for wearable devices that produce an elaborate gaming experience for users. Gaming applications for wearable devices can incorporate built in elements from the devices such as gesture tracking and gyroscopic motion sensing to create a highly interactive, complex game experience.
As wearable tech devices become more popular among consumers and businesses, there will be an increased demand for applications that can operate on them. The practicality and convenience of wearable devices will provide a distinct advantage for any business seeking to capitalize on the latest technological trends. Many industries have already seen the potential for practical use of wearable computers and have embraced this growing trend out of the desire to save lives, save money, increase efficiency, or create more interactive user experiences.

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