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25 February 2014

Can wearable technology fit the enterprise agenda?

Over the next few years wearable technology is expected to make an impact in the consumer and enterprise market. CIOs should consider the implications. Smart watches from the likes of Sony and Samsung, and Google Glass and fitness devices such as the Nike+ product family, are set to revolutionise the relationship people have with internet-connected devices. For analyst Gartner, the strongest consumer base for wearable electronics is fitness enthusiasts, but wider interest in these devices is leading to broader adoption. The worldwide revenue from wearable electronic devices, apps and services for fitness and personal health is anticipated to be $1.6 billion this year, increasing to $5 billion by 2016. Gartner predicted companies would be most interested in wearable electronics to extend their product lines in innovative ways that enhance their brand. The analyst said such companies would focus on products that have capabilities beyond fitness and position the wearables as accessories to their customers’ smartphones, tablets and ...

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