Top 5 Wearable Technology Devices For Business Growth In 2020, According To Digital Silk Report

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79% of companies who have adopted wearable technology in business say that it is instrumental to their success. Digital Silk has ranked the most impactful wearable technology devices that have stimulated business growth across industries.

79% of companies who have adopted wearable technology in business say that it is instrumental to their success, according to a recent Salesforce report.

Furthermore, 76% of companies say wearable technology improved their performance, with 86% claiming they will increase their investment in wearables.

By 2021, reports forecast that 185 million wearable technology devices will be sold, creating an opportunity for businesses to increase effectiveness in several areas.

These areas include boosting productivity by limiting non-value activities, improving communication timeliness and responsiveness, upgrading safety and mitigating accidents, and better accounting for user behavior to improve insights and customer service.

The current use of wearable technology in companies is varied across industries, with reports stating companies’ top reasons for use as workplace security (23%), employee time management (20%) and communication among employees (20%).

Digital Silk, a global creative digital agency, identified the top five wearable devices in 2020 designed to improve performance and drive business growth.

These innovative wearable technology devices are:

1. Theatro: has AI that will change the way a company collaborates with employees.

Using artificial intelligence, voice and language recognition systems to unlock the potentials of business productivity, Theatro improves customer satisfaction, connects people and systems, increases productivity, creates new insights and drives profits.

2. TaskWatch: keeps employees engaged and requires no coding.

In addition to requiring no code when deploying mobile process applications and integrating with enterprise systems, this smartwatch-like device enables enterprise productivity and keeps employees mobile and connected through customizable notifications. It also sports a gamification feature that boosts employee engagement and motivation, therefore enhancing business efficiency and the VIP customer experience.

3. Notable: streamlines customer contact for enhanced consumer experiences.

This digital assistant, used in healthcare, streamlines and transforms workflow processes for continued care, thus enabling a superior consumer experience. By putting the healthcare administration on a form of ‘auto-pilot’ that uses AI to learn, it collects and transfers data in a more sustainable way, with less expenditure and waste.

4. Carnival’s Ocean Medallion: serves as a one-piece token that acts as everything from mobile phone to credit card.

Based on the Internet of Things, Carnival’s Ocean Medallion is a small wearable token that works as a smartphone or credit card. The device also alerts staff when a customer is near a venue so that they can prepare, anticipate arrival, provide personal meetings, and more.

5. Amazon Mayday: revolutionizes live technology support.

This technology has been described as similar to “having someone standing right next to you and providing technology support.” It allows a user to see the remote person assisting from technology support in a small window. It also displays the user’s screen on that support individual’s screen, so they can see the issue directly, annotate the screen and take command of the interface.

Wearables are transforming businesses globally, and the market is yet to reach its full potential. There is considerable upside for businesses that innovate and invest in wearable technology, like the five unique and successful devices outlined in here.

Digital Silk is a team of experts dedicated to helping brands capitalize on the latest trends in tech such as wearable technology, cognitive technologies, digital transformation and more.

About Digital Silk: Digital Silk is a creative digital agency focused on growing brands online. From custom websites to digital marketing, Digital Silk creates SUPERIOR digital experiences to drive higher conversions, greater brand engagement & measurable results.

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Immy Ransom
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