How Wearables Are Changing Our Daily Life and Economy

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How Wearables Are Changing Our Daily Life and Economy

Article
Posted September 27, 2015 in Business Technology & Digital Transformation Strategies, Data Analytics & Digital Technologies Cutter Business Technology Journal




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The Internet of Things (IoT) evolution in combination with progress in analytics and cognitive capabilities has resulted in new technologies, such as wearables, sensors, and intelligent automation solutions. The world around us is smarter, more interconnected, and more automated. Three major aspects of digitization are observed as a result of new economy models driven by data: digitization of humans, digitization of organizations, and digitization of the ecosystem (see Figure 1). This article focuses on the first aspect -- the digitization of humans -- and relates to the other two categories as needed.