Thursday, May 21, 2015

Enterprise Mobility to get enriched with the wearable technology

We have seen many new startups working towards building their innovative wearable devices taking example of Nest (Google) making smart homes, Fitbit making activity tracker devices for health& fitness etc. We will see these smart devices making the enterprise smarter with the use of sensors and digital transformation. Wearable Medical Devices segment of IOT to reach $4B+ by 2020 and currently it is around $1.5B, so we see huge scope and growth for these devices in the future and the applications which support these devices are capable of monitoring glucose levels in blood, managing chronic diseases such as heart diseases, asthma and diabetes. Wearable technology will create major revenue source for the enterprise mobility segment in the IT companies.




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