The Future of Wearables From Consumer to the Enterprise

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1 The Future of Wearables From Consumer to the Enterprise Charles Reed Anderson Head of Mobility & Internet of Things, IDC

2 Types of Wearables Basic Wearables Smart Wearables 3 rd Party Apps? Source: IDC Asia/Pacific Internet of Things Practice,

3 Global Wearables Market Forecast 26.3m 155.7m Source: IDC WW Wearables Tracker, Q In millions IDC Visit us at IDC.com and follow us on Smart Wearable Basic Wearable 3

4 Asia s Wearables Market Forecast 36.1m m In millions Smart Wearable Basic Wearable Source: IDC WW Wearables Tracker, Q IDC Visit us at IDC.com and follow us on 4

5 Drivers Behind Adoption 1 Price 2 Variety 3 Capabilities 4 Visibility Source: IDC Asia/Pacific Internet of Things Practice, 2015 IDC Visit us at IDC.com and follow us on 5

6 Some Obstacles Remain IDC Visit us at IDC.com and follow us on 6

7 Privacy Concerns IDC Visit us at IDC.com and follow us on 7

8 Social Backlash IDC Visit us at IDC.com and follow us on 8

9 Perception IDC Visit us at IDC.com and follow us on 9

10 The Caring Company? IDC Visit us at IDC.com and follow us on 10

11 Enterprises will leverage wearables to \ 1 IDC Visit us at IDC.com and follow us on 11

12 Retail Brands enter the IoT market 12

13 Brands embed Heart Rate Monitors Headphones Clothing Under-garments Source: IDC Asia/Pacific Internet of Things Practice,

14 Targeting the Recreational Athlete Cycling Running Golf Tennis Source: IDC Asia/Pacific Internet of Things Practice,

15 Digital Health & Fitness Community 20m users acquires 80m users 20m users Source: IDC Asia/Pacific Internet of Things Practice,

16 It is more than just sports Tag Heuer to launched a Smart Watch at BaselWorld 16

17 Yes, we even connect diapers 17

18 The Opportunities for Brands OEM/ODM Partnerships New Revenue Streams The Platform Play Source: IDC Asia/Pacific Internet of Things Practice,

19 Enterprises will leverage wearables to 2 IDC Visit us at IDC.com and follow us on 19

20 Free services to drive consumer IoT adoption

21 Why Free? 1 New customer acquisition Deliver personalized marketing Monetize the data captured Improve a business process Source: IDC Asia/Pacific Internet of Things Practice, 2015

22 Potential Free Models Sports Retailer Mobile Advertisers Leverage the data captured to deliver personalized marketing and upsell new products Leverage the data captured to sell to 3 rd parties Health Insurance Leverage the data captured to improve the business process and attract new customers Source: IDC Asia/Pacific Internet of Things Practice,

23 Enterprises will leverage wearables to 3 IDC Visit us at IDC.com and follow us on 23

24 Employee Tracking Lone worker protection Job scheduling Time monitoring

25 Health & Safety Source: IDC Asia/Pacific Internet of Things Practice, 2015 Alert notifications Movement tracking Health diagnostics IDC Visit us at IDC.com and follow us on 25

26 Security User tracking Emergency alerts Social media integration IDC Visit us at IDC.com and follow us on 26

27 Practitioner Management Source: IDC Asia/Pacific Internet of Things Practice, 2015 Location-tracking Job assignments Urgent notifications IDC Visit us at IDC.com and follow us on 27

28 Enterprise Smart Watch Japan Airlines using ibeacons to track gate staff location Ground staff equipped with a smartwatch and job notifications sent to their watches ibeacons also being leveraged heavily by American Airlines, easyjet, and Virgin Atlantic Source: IDC Asia/Pacific Internet of Things Practice,

29 Compliance Source: IDC Asia/Pacific Internet of Things Practice, 2015

30 Corporate Wellness Initiatives Employee retention Healthy workers = Happy workers Reduce insurance rates IDC Visit us at IDC.com and follow us on Source: IDC Asia/Pacific Internet of Things Practice,

31 Industrial Training & Supervision Remote access to experts Increased safety Reduced training & MRO costs Source: IDC Asia/Pacific Internet of Things Practice, 2015

32 Surgery Performance Source: IDC Asia/Pacific Internet of Things Practice, 2015 Training & supervision Easy access to patient vitals Expert advisory Minimize malpractice risks IDC Visit us at IDC.com and follow us on 32

33 Enterprises will leverage wearables to 4 IDC Visit us at IDC.com and follow us on 33

34 Customer Experience Create new business models Enhance or improve existing models Source: IDC Asia/Pacific Internet of Things Practice, 2015 IDC Visit us at IDC.com and follow us on 34

35 Health Diagnostics Tracks blood pressure, heart rate, hydration levels, sleep cycles and body movement Accelerometer for body movement Impedance sensor for glucose levels Pressure sensor for heart rate and blood flow Source: IDC Asia/Pacific Internet of Things Practice, 2015 IDC Visit us at IDC.com and follow us on 35

36 Health Diagnostics: The Next Wave IDC Visit us at IDC.com and follow us on 36

37 for wearables in the Enterprise?

38 More Technology Enablement Leveraging innovative technologies to deliver industry-changing solutions Source: IDC Asia/Pacific Internet of Things Practice, 2015 IDC Visit us at IDC.com and follow us on 38

39 Build Ecosystem Partnerships Mobile networks Wifi/small cells Etc. Which platform? Provisioning & support Existing software vendors ISVs for bespoke builds Integration Implementation Support Data privacy Secure endpoint and content Capture and analyze the data Identify next actions Source: IDC Asia/Pacific Internet of Things Practice,

40 Band/Watch Solution Providers Sports Retailer: equipment and clothing Hospitals: remote patient diagnostics Sports Nutrition: vitamins and supplements Band/Watch Manufacturer Pharma Firms: trials or impact measurement Mobile Advertisers: free service for data Insurance Companies: usage-based medical insurance Source: IDC Asia/Pacific Internet of Things Practice,

41 Glass Solution Providers Payments Maps Glass OEM Games Apps Service Provider Consumers ISV s SI s Equipment Manufacturers Enterprises Source: IDC Asia/Pacific Internet of Things Practice,

42 The key is Cross-discipline Collaboration IDC Visit us at IDC.com and follow us on 42

43 Charles Reed Anderson Head of Mobility & Internet of Things, IDC Asia Pacific CRASingapore sg.linkedin.com/in/charlesreedanderson IDC Visit us at IDC.com and follow us on 43

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