Despite all the hype and the massive investments by tech giants, wearables just aren’t taking with consumers. Wearable technology growth had been expected to continue seeing striking increases for many years to come. That said, despite the best efforts of tech giants, this has not been the case. Growth slowed down this year and is expected to continue dropping into next year as well. eMarketer, the market research firm, has reported that wearable technology growth is slowing in a significant way. In fact, within the next year, eMarketer predicts this…
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Wearable technology devices help Zurich Life promote customer health
The insurer is the first to launch a pilot program in Ireland geared toward trackable wellness for policyholders. Zurich Life Assurance (Zurich Life) has launched the first ever program in Ireland using wearable technology devices to help policyholders improve their health. This is a trial program being offered to a limited number of Zurich Life policyholders via select financial brokers. The customers will be rewarded for their participation in using the wearable technology devices by receiving cashback on their policy premiums. This reward will be applied if they are able…
Read MoreWho won top wearable technology awards at CES 2017?
Smartwatches and fitness trackers have a lot to live up to in this rapidly expanding category. CES 2017 is far from disappointing if you’re looking for the latest in tech, and the wearable technology awards have shown that this category is stronger than ever. Aside from the smart appliances and swarms of drones a plethora of new wearables have swamped the show. While there are tons of great gadgets to be seen, it’s the recipients of the wearable technology awards that had attracted the most attention. Even without the additional…
Read MorePebble smartwatch company withdrawing from the market
The firm behind the wearable technology has announced that it will be shutting down its operations. The Pebble smartwatch had been holding its own for a long time. However, with wearable technology competition rising from giants such as Apple and Google, the challenge skyrocketed. Many in the industry felt that Pebble’s longer history would ensure its position in the market. That does not appear to be the case. On Wednesday, the company announced that the Pebble smartwatch business would soon shut down. The announcement was made on the official Pebble…
Read MoreMcDonald’s fitness bands have now been recalled due to skin irritation
The fast food chain had already stopped giving them out in Happy Meals and now the devices are recalled. The McDonald’s fitness bands have reached a new level of irritation for the fast food chain. Initially, it had been complaints of skin irritation, now that has risen to the level of burns. To protect the safety of its customers, it has recalled the Step-It wristbands. Unfortunately, this will be a massive undertaking as it had already sold over 32 million Happy Meals containing them. The McDonald’s fitness bands had been…
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