Wearable devices have quickly evolved from a quirky buzz word into a trendy and growing product category.
In an announcement, industry Minister, James Moore said the new electronic labeling or “e-labeling regulations will help consumers and manufacturers benefit from access to new markets”. Canada is only the 6th country to adopt e-labeling, joining the US, Australia, Japan, UAE and Costa Rica.
So what makes Canada, and more specifically Ottawa, so well positioned to take on the wearable device industry and become a global leader? Well for one, our roots are communication, and wearables are connected devices. Also, we have strong product design services companies (UX, physical, hardware and software engineering) helping clients across Canada and in North America with connected wearable products.
The wearable ventures with Ottawa links include, Impakt Protective which has received $1.4 Million in funding to date, Biometric Smart Apparel maker; OM Signal with funding from Ottawa venture fund MistralVP, software centric Gymtrack, and wearable company GestureLogic raising north of $1M.
Ottawa is home to some profound roots in advanced correspondences and a world-class biological system of client focused correspondence situated outline, as well as in terms of building, assembling and business ability. So with regards to outlining, building and commercializing wearable devices, Ottawa has an interestingly favourable position as one of the best places to lead the charge. But for Ottawa to exploit the open doors in the wearable gadget market, we must comprehend what wearable gadgets are, the reason they’re balanced for development and the particular skill sets expected to plan them.
What Are Wearable Devices?
Wearables are small electronic devices, often consisting of one or more sensors with computational capability and some form of connection to the cloud. They are embedded into items that attach to the body and can resemble eyeglasses, clothing, fashion accessories and safety equipment.
Wearable gadgets more often than not fill two needs: catching information or showing information. Catching information can perhaps be as straightforward as considering steps or complex brainwave estimations. Illustrations of wearables that show information are the Google’s Glasses and Apple’s iWatch. These are very much financed mass business sector players, however there are numerous more wearables that will be corner marketed and are ready for the imaginative go getter.
Wearable gadgets are rapidly entering all real item markets that include, medicinal, purchaser, sports telecom, mechanical, military and even organizations enhancing efficiencies in the workplace including manufacturing plant floors and open air field office and information accumulation exercises.
A case of the wearables pattern is Smart Watches – discrete windows of mindfulness and substance fitting for versatile circumstances with discrete data utilization and reaction. Another case as of now in the business sector are bio gadgets like Fitbit which record information about our key signs, and screen and illuminate us on data identified with our wellbeing by interfacing the gadget to the cloud and bolstering data back to us through versatile applications or straightforwardly back to the gadget.
For Ottawa to exploit the open doors in wearable gadget markets, advertising our city is key – Do the creators and business people out there know the abundance of learning and the simple access to the ability that lives in our valley? How are we going to advance this? A research organization could analyze the portions of wearable gadget opportunities not yet in progress and market our city’s benefits. This will pull in individuals in organizations all over Canada and around the world to take a gander at Ottawa as a generally safe high esteem approach.
In fact, Ottawa is brimming with individuals and organizations with these abilities that can quicken existing and new wearables as well as new companies hoping to market thoughts, drive behavioural research and outline helpful gadgets. Be that as it may, while the chance to wind up a worldwide pioneer in the wearables business sector arrives, so is the opposition. Several items, gadgets and new companies will enter the wearables market throughout the following couple of years – contending on configuration, cost and creative components. Those items that are unremarkable or “me as well” gadgets will fall by the wayside and only world-class composed items will succeed.
Thus, bringing wearable devices to Ottawa will be the ideal opportunity for the city to re-sparkle.