Apple and Fitbit lose out to start-ups on wearable-based social distancing
By MYBRANDBOOK
Following the announcements by Proxxi and Estimote that they are launching wearable bands with social distancing features.
Swati Verma, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view regarding new opportunities for wearable tech companies.
“Social distancing could stay in place until 2022, creating new opportunities for wearable tech companies. However, neither Apple nor Fitbit has released social distancing apps for their smart watches and trackers. It is imperative for them to move fast or lose out.
“Start-up firm Proxxi has launched a wrist-worn wearable device that vibrates to notify the wearer of the presence of another band within six feet distance. Likewise, Estimote has released a Bluetooth-based wearable device for industrial employees to be aware of safe distances from each other.
“Wearables have failed to take off in an industrial setting, but an intensified focus on worker safety creates new opportunities, particularly in efforts to accelerate employees’ return to work. GlobalData expects that healthcare, manufacturing and logistics will be among the first adopters of this technology.
“If Apple and Fitbit do not release this functionality soon, employers will start the mass roll-out of competitors’ technology. After this time it may be too late to enter the market.”
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
VERSA NETWORKS INDIA PVT. LTD.
MATRIX COMSEC PVT. LTD.
INFOSYS TECHNOLOGIES PVT. LTD.
RAMCO SYSTEMS Ltd.
Technology Icons Of India 2023: Rajiv Memani
As Chair of the EY Global Emerging Markets Committee, Rajiv connects e...
Technology Icons Of India 2023: Girish Mathrubootham
Girsh Mathrubootham envisioned and co-founded Freshworks. Freshworks, ...
Technology Icons Of India 2023: Anil Kumar Aggarwal
Anil Agarwal is an Indian billionaire businessman who is the founder a...
TCIL continues to strengthen India with its technology expertise
TCIL undertakes consultancy & turnkey projects in the field of Telecom...
NIC bridging the digital divide and supporting government in eGovernance
The National Informatics Centre (NIC) is an Indian government departme...
INDIANOIL helps reach precious petroleum fuels to every nook and corner of the country
IndianOil, a diversified, integrated energy major with presence in alm...
M. TECH SOLUTIONS (I) PVT. LTD.
M.Tech is a leading cyber security and network performance solutions ...
TECHNOBIND SOLUTIONS PVT. LTD.
TechnoBind’s business model is focused on identifying and partnering...
INFLOW TECHNOLOGIES PVT. LTD.
Inflow Technologies is a niche player in the IT Infrastructure Distrib...