Wearable Technology: Expectations and Concerns

Wearable Technology: Expectations and Concerns

Wearable technology, ranging from Google glasses to smartphones merged with computers to create cuff-like devices, was once only the stuff of science fiction. That’s no longer the case and these and other innovative gizmos are expected to move quickly into acceptance as part of everyday 21 st century life. PricewaterhouseCoopers (PwC), which provides assurance, tax and advisory services to companies around the world, has just released an extensive report on wearable technology. It reveals user expectations and predicted advantages of the devices for business and consumers, as well as concerns over the potential privacy issues and other challenges companies may face as wearable technology moves into the workplace. The Wearable Future For the PwC’s report, 1,000 consumers, wearable technology experts and business executives were queried about their use of wearable technology and their perceptions of the devices’ impact on both individuals and the business arena. Social media chatter was also …

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