Team Assignments - Internet of Things / Wearables Flashcards
The Role of Wearables in the Internet of Everything (IoE)
●Wearables extend the Internet of Things (IoT) by integrating connected people
and devices.
●They enable real-time data exchange that can eliminate risks, enhance
performance, and improve decision-making
Business Applications of Wearables
●Operational efficiency: Firms can monitor employees (e.g., SmartCap for fatigue
detection in truck drivers).
●Customer engagement: Wearables enhance personalized experiences (e.g., Disney
MagicBand for seamless theme park visits).
●Healthcare & safety: Devices track biometrics and send alerts for medical needs
(e.g., glucose-monitoring contact lenses).
Decision Frameworks for Executives (SU & PI)
●Source-User (SU) Grid: Helps businesses analyze who generates data (wearer
vs. environment) and who uses it (self vs. others).
●Purpose-Interaction (PI) Matrix: Classifies wearables by whether they amplify or
reduce user awareness and who interacts with the device.
The 5-E Framework for Wearables in Business
●Eliminate risks (e.g., Volvo’s smart helmet alerts drivers to cyclists).
●Extend human capabilities (e.g., SmartCap helps workers maintain alertness).
●Elevate performance beyond normal limits (e.g., exoskeletons for lifting heavy
loads).
●Enrich & Expand human experience through AR/VR (e.g., augmented reality
glasses for maintenance workers).
Key implications for Wearables in Businesses
⇒ Wearables enhance business value by improving efficiency, safety, and customer
engagement
⇒ The key to success is integrating wearables strategically using frameworks that align with
organizational goals