The document discusses contextual computing, which uses software and hardware to automatically collect and analyze data about a device's surroundings to present relevant information to users or take intelligent actions. It provides statistics showing consumers value benefits like health monitoring, safety, and ease of use from wearable technology. The rise of IoT and wearables is making contextual computing a reality. Future focuses may include more efficient use of resources through technologies like sensors, big data, and machine learning to drive innovation.