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Wearable tech the next revolution for businesses in Australia: Deloitte

Chris Player | April 9, 2014
Predicts wearable tech to generate AU$3 Billion in 2014.

Google Glass Group

On-body computing devices are said to be the next big thing for business according to Deloitte Australia's tech trends 2014 report.

Wearable computing comes in many forms, from glasses and watches to badges and bracelets. The most notable of these is the highly anticipated Google Glass that is currently on trial in the United States.

A recent trial of Glass by police in the US saw an 80 per cent drop in false accusations of police brutality. The trial also showed a drop in cases of police using excessive force.

Deloitte Consulting managing partner technology agenda, Robert Hillard, said the company predicts smart glasses, fitness bands and watches are likely to sell around ten million units in 2014, generating $3 billion in revenue.

"The potential is tremendous due to hands-free, heads-up technology which reshapes how work will be done, how decisions will be made, and how businesses will engage with employees, customers, and partners."

The report details how wearable technologies may be introduced to situations where safety, logistics and etiquette previously made the use of tablets and laptops prohibitive.

"In Australia alone we anticipate 20 per cent of 17-75 year olds will own a wearable by August this year. It is an interesting trend, but wearables will not replace smartphones as the majority of wearable devices require smartphone tethering for connectivity and GPS," Hillard said.


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