WEARABLE TECHNOLOGY BUS 237 – GROUP ONE ASHLEY CHAN, DERRICK CHUI, SCOTT QUON & RACHEL ZHANG.

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WEARABLE TECHNOLOGY BUS 237 – GROUP ONE ASHLEY CHAN, DERRICK CHUI, SCOTT QUON & RACHEL ZHANG

Transcript of WEARABLE TECHNOLOGY BUS 237 – GROUP ONE ASHLEY CHAN, DERRICK CHUI, SCOTT QUON & RACHEL ZHANG.

Page 1: WEARABLE TECHNOLOGY BUS 237 – GROUP ONE ASHLEY CHAN, DERRICK CHUI, SCOTT QUON & RACHEL ZHANG.

WEARABLE TECHNOLOGY

BUS 237 – GROUP ONE

ASHLEY CHAN, DERRICK CHUI, SCOTT QUON & RACHEL ZHANG

Page 2: 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?

Page 3: WEARABLE TECHNOLOGY BUS 237 – GROUP ONE ASHLEY CHAN, DERRICK CHUI, SCOTT QUON & RACHEL ZHANG.

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”

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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)

Page 5: WEARABLE TECHNOLOGY BUS 237 – GROUP ONE ASHLEY CHAN, DERRICK CHUI, SCOTT QUON & RACHEL ZHANG.

BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY

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BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY

ANALYSIS OF ADVANTAGES

PORTABILITY

ACCESSIBILITY

INCREASED DATA COLLECTION

INCREASED PRODUCTIVITY

INCREASED EFFICIENCY

FASHIONABLE FACTOR

HEALTHCARE OPPORTUNITIES

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BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY

ANALYSIS OF DISADVANTAGES

UNKNOWN HEALTH RISKS

PRIVACY CONCERNS

DESIGN ISSUES

“BULK”

FUNCTIONALITY

HACKING

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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

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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

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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

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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

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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

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BUS 237 - GROUP ONE : WEARABLE TECHNOLOGY

HEALTHCARE APPLICATIONS HEALTH MONITORING

HEART-RATE MONITORS

DELIVERY DEVICES

INSULIN PUMPS

FUTURE USES

INGESTIBLE TECHNOLOGY

IMPLATABLE TECHNOLOGY

Page 14: WEARABLE TECHNOLOGY BUS 237 – GROUP ONE ASHLEY CHAN, DERRICK CHUI, SCOTT QUON & RACHEL ZHANG.

WHERE DO WE GO FROM HERE?

THE FUTURE OF WEARABLES

Page 15: WEARABLE TECHNOLOGY BUS 237 – GROUP ONE ASHLEY CHAN, DERRICK CHUI, SCOTT QUON & RACHEL ZHANG.

THANK YOU FOR LISTENING