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Innovation in Wearables?
Past, Present & Future
@qs_dublin http://reeinvent.me/
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W e a r a b l e s
H y p e
o r
H o p e ?
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Study hints wearable fitness trackers do more
harm than good
r e a d w r i t e . c o m
Activity Trackers Fail -- But That's Not What’s
Most Surprising About New Research Paper
F o r b e s
Don't believe the hype:
Wearable tech is little more than a novelty so far
T h e Te l e g r a p h
Wearables – Hype or Hope?
Wearables have a dirty little secret :
50% of users lose interest
Te c h R e p u b l i c . c o m
Jawbone may be getting out of the
wearables business
t e c h s i t e . i o
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Wearables – Hype or Hope?
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Wearables – Hype or Hope?
Gartner Hype Curve
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What are Wearables?
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What are Wearables?
Fitness Trackers
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What are Wearables?
Fitness Trackers Sleep Trackers?
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What are Wearables?
Fitness Trackers Sleep Trackers?
Pacemakers?
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What are Wearables?
Fitness Trackers Sleep Trackers?
Pacemakers?
Mobile Phones?
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What are Wearables?
What Problem do they Solve?
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What is Innovation?
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What is Innovation?
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Innovation in Wearables
• Product History
• Where New Product Ideas Come From
• Innovation Paths in Other Fields
• Consumer Take Up
• Future Growth
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H i s t o r y
o f
W e a r a b l e s
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1600’s
Hearing Aid
History of Wearables
1200’s
Eye Glass 1907
Pigeon
Camera
1762
Pocket
Watch
1910
Wrist Watch1590
Pedometer
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1958
Pace Maker
History of Wearables (Continued)
1921
Hearing Aid
1961
Gambling
Shoe
1965
Pedometer
1972
Digital Watch
1953
Digital
Hearing Aid
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1975
Pulsar
Calculator
Watch
1989
Reflection
Technology's
Private Eye
1989
Nintendo
Power Glove
2004
Microsoft MSN
Direct
Smartwatch
1979
Sony
Walkman
1982
Polar
PE2000 HR
Monitor
History of Wearables (Continued)
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2008
Fitbit Ultra
2013
Pebble
Watch
2002
Bluetooth
Headset
2015
iWatch
2014
Google
Glass
2004
GoPro
History of Wearables (Continued)
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W h e r e d o
P r o d u c t I d e a s
C o m e F r o m ?
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• Extreme Performers
• Military
• Astronauts
• Extreme Sports & Professional Athletics
Origin of Innovative Products
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Augmented Reality Headsets Most Quantified Humans
Skydiving Helmet Camera
Monitoring Athletes
Origin of Innovative Products
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• Extreme Performers
• Military
• Astronauts
• Extreme Sports & Professional Athletics
• The Hackers
Origin of Innovative Products
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Origin of Innovative Products
Hacking Open Source Components
Hacking First Personal Computer
Hacking Virtual Reality
Hacking Flight
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• Extreme Performers
• Military
• Astronauts
• Extreme Sports & Professional Athletics
• The Hackers
• Science Fiction
Origin of Innovative Products
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Origin of Innovative Products
TriCorder – Star Trek BabelFish – Hitchhikers Guide to Galaxy
Automatic Shoe Lacing
Back to the Future Total Recal
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• Extreme Performers
• Military
• Astronauts
• Extreme Sports & Professional Athletics
• The Hackers
• Science Fiction
• Massive Pain Points
Origin of Innovative Products
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Origin of Innovative Products
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• Extreme Performers
• Military
• Astronauts
• Extreme Sports & Professional Athletics
• The Hackers
• Science Fiction
• Massive Pain Points
• Putting all Together
Origin of Innovative Products
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Origin of Innovative Products
Sci-Fi – Aliens
US Army
Mainstream?? Solving Massive Pain Point - Paralyses
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R e q u i r e m e n t s
f o r
I n n o v a t i o n A d o p t i o n
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• Technology
Requirements for Innovation Adoption
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• Technology
• Power
• Connectivity
• Standardised Components
• 3D Printing
Requirements for Innovation Adoption
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iWatch – 18 Hours ‘Normal’ Use?
Requirements for Innovation Adoption
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Requirements for Innovation Adoption
• Technology?
• Power
• Connectivity
• Standardised Chipsets
• 3D Printing
• Fulfills Consumer Need?
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Requirements for Innovation Adoption
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Requirements for Innovation Adoption
• Technology?
• Power
• Connectivity
• Standardised Chipsets
• 3D Printing
• Fulfills Consumer Need?
• Usable
• Fashion
• Fits in with Lifestyle
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Requirements for Innovation Adoption
Google Glass
Wearable DVD Player
Nike FuelBand Jawbone Up Charger
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Requirements for Innovation Adoption
• Technology
• Power
• Connectivity
• Standardised Chipsets
• 3D Printing
• Fulfills Consumer Need?
• Usable
• Fashion
• Fits in with Lifestyle
• Marketability
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Requirements for Innovation Adoption
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Requirements for Innovation Adoption
• Technology
• Power
• Connectivity
• Standardised Chipsets
• 3D Printing
• Fulfills Consumer Need?
• Usable
• Fashion
• Fits in with Lifestyle
• Marketability
• Monetizable over Long Term
• Subscription Models
• Upgrade Cycles
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Requirements for Innovation Adoption
Basis Band – Peak
Failed Monetizable Model?
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Requirements for Innovation Adoption
• Technology
• Power
• Connectivity
• Standardised Chipsets
• 3D Printing
• Fulfills Consumer Need?
• Usable
• Fashion
• Fits in with Lifestyle
• Marketability
• Monetizable over Long Term
• Subscription Models
• Upgrade Cycles
• Regulation
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Requirements for Innovation Adoption
E-Health E-Waste
Regulation
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Requirements for Innovation Adoption
• Technology
• Power
• Connectivity
• Standardised Chipsets
• 3D Printing
• Fulfills Consumer Need?
• Usable
• Fashion
• Fits in with Lifestyle
• Marketability
• Monetizable over Long Term
• Subscription Models?
• Regulation
• Solves Massive Pain Point
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Requirements for Innovation Adoption
Evolution in Ecosystem
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Requirements for Innovation Adoption
• Technology
• Power
• Connectivity
• Standardised Chipsets
• 3D Printing
• Fulfills Consumer Need?
• Usable
• Fashion
• Fits in with Lifestyle
• Marketability
• Monetizable over Long Term
• Subscription Models?
• Regulation
• Solves Massive Pain Point
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I n c i t i n g I n c i d e n t
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Inciting Incident
• Financial Crash
• Hurricane Sandy
• Rolling out through Operators
• The Apple Brand
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Inciting Incident
• New Technology
• Solving Power Problems
• Size
• Becomes Fashionable
• Wearable Security FOB
• Massive Security Breach?
• Wearable Health
• Huge Number of Lives Saved?
Inciting Incident in Wearables?
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H o w P r o d u c t
I n n o v a t i o n H a p p e n s
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How Product Innovation Happens
• Technology
• Power
• Connectivity
• Size
• Bigger
• Smaller
• Cost
• Cheaper
• More Expensive
• Diversity of Products
• Chinese Fab Centers
• 3D Printing
• Functionality
• More
• Less
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Open Hardware Platforms??
How Product Innovation Happens
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Open Hardware Platforms
Heart Rate - xBox Kinect Tracking Augmented Reality - iPhone
How Product Innovation Happens
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Boomerang
Ortho
• Dublin Based Startup – from DCU
• Home Based Virtual Coach
• Rehab after Orthopedic Surgery
• Using Phone’s Accelerometers
• Straps onto Leg
• Communicates with Online Physiotherapist
Open Hardware Platforms
How Product Innovation Happens
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Open Hardware Platforms
Quallcomm Tricorder X Prize
How Product Innovation Happens
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C o n n e c t e d W e a r a b l e s
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Connected Wearables
• Connected Services
• Health & Fitness Coaching
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Connected Wearables
Connected Subscription Services
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Connected Wearables
• Connected Services
• Health & Fitness Coaching
• Big Data Analytics
• IBM Watson
• Crowd Sourcing Health
• Jawbone Analyzing Sleep Data
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Connected Wearables
Big Data Analytics – Jawbone Sleep Data During Earthquake
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Connected Wearables
“Right now we don’t data-mine healthcare
data. If we did we’d probably save 100,000
lives next year.”
Larry Page – Google CEO
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Connected Wearables
• Connected Services
• Health & Fitness Coaching
• Big Data Analytics
• IBM Watson
• Crowd Sourcing Health
• Jawbone Analyzing Sleep Data
• Current Problems
• Data Privacy
• Security
• Data Standardization
• Regulation
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I n n o v a t i o n
I n
W e a r a b l e s U s e C a s e s
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• Behavior Change
Innovation in Wearable Use Cases
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Innovation in Wearable Use Cases
Behavior Change
• Integrates with
• Wearbles
• Facebook
• Foresquare
• Apple Health
• Provides
• Insights
• Relevant & Timely Tips
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• Behavior Change
• Coaching
Innovation in Wearable Use Cases
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Innovation in Wearable Use Cases
Moov – Fitness Coaching Zepp - Golf Coaching
Coaching
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• Behavior Change
• Coaching
• Monitoring
• Children
• Elderly
• Epilepsy
Innovation in Wearable Use Cases
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Innovation in Wearable Use Cases
Elderly
Epilepsy
Monitoring in Healthcare
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• Behavior Change
• Coaching
• Monitoring
• Children
• Elderly
• Epilepsy
• Productivity
Innovation in Wearable Use Cases
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Innovation in Wearable Use Cases
Emotiv - Distraction Tracking Spire – Stress Tracking
Productivity
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• Behavior Change
• Coaching
• Monitoring
• Children
• Elderly
• Epilepsy
• Improving Productivity
• Wearables for Animals
Innovation in Wearable Use Cases
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Innovation in Wearable Use Cases
Link AKC – Smart Dog Collar Moocall – Calving Monitor
Wearables for Animals
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• Behavior Change
• Coaching
• Monitoring
• Children
• Elderly
• Epilepsy
• Improving Productivity
• Wearables for Animals
• Augmented Reality
Innovation in Wearable Use Cases
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Innovation in Wearable Use Cases
Surgery Augment – Interior Design
Augmented Reality
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C o n c l u s i o n s
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Gartner Hype Curve
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Long Tail in Wearables
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Room for New Innovation?
• Keep Within Limitations for New Innovation
• Technology
• Fulfills Consumer Need
• Usable
• Long Term Monetization Model
• Marketability
• Regulatory
• Solves Massive Pain
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GET IN TOUCH
Manoj Chawla
CoFounder, Consultant, Coach,
Mentor, Virtual CEO, Full Stack
Entrepreneur
reeinvent.me
Justin Lawler
Developer. Scrum Master.
Blogger. Quantified Self
Meetup Organiser
justinlawler.net

Evolution of Wearables - Past, Present, Future