While Google is still grappling with acceptance, Intel too has jumped in the wearable game. The mega company announced in September their new focus on wearables as an attempt to utilize their resources and intellectual property. Thus came the announcement of their smart bracelet MICA, My Intelligent Communication Accessory. MICA is set to debut to the public this month, a showcase at Barney’s for a relatively affordable $495. Yet early reviews of the device are less than encouraging, revealing that while MICA is a stunning intersection of high fashion and technology, too much of the focus is on flash and less about technological substance.
New, Exclusively Wearable Companies
As Google and other giants struggle, their woes reveal that the biggest problem with the wearable industry is that no one has figured it out yet. Yet at the same time this is just as much good news, allowing startups and relative tech nobodys to jump in the game and possibly get on the map. ABI Research estimated in February 2013 that 61% percent of the wearable market was attributed to fitness or activity tracking purposes. This leaves ample opportunity for developers to create new solutions wearable technology can solve.
For example, the Sesame Ring is a 3-D printed ring, complete with an RFID card and a fully functional subway pass. Available for only $25, students at MIT invented the lightweight ring praised as the “ultimate accessory for fashionistas.”
In addition to streamlining transportation, wearables are also breaching the safety sector. Guardian Angel is a jewel looking pendant developed in support of the Association of Women for Action and Research (AWARE) to provide a couple of security uses. The $100 – $120 pendant can be worn as a necklace or bracelet complete with a small button that triggers a fake call to the wearer’s phone. This is intended to get the user out of uncomfortable situations, for example an awkward blind date with your sister’s friend’s tax accountant or an excruciatingly long holiday confabulation with your privacy-invading Aunt.
Fashion Pros Dress Up Devices
Building technology while keeping fashion in mind is only one piece of the wearable industry pie. Well known fashion designers have entered from the purely fashion side, pairing technology with their already fashionable lines of clothing and accessories. For example Ralph Lauren’s “polo tech” compression shirts debuted in the 2014 US Open, monitoring athletes’ breathing and heart rate.
Yet another space for burgeoning designers is dressing up already fully functional wearables, which may not have mastered aesthetic appeal on their own. Elite fashion designer Diane von Furstenberg designed DVF Made for Glass, glasses intended to make the struggling Google Glass a more desirable accessory for the fashion forward.
Similarly, San Diego based FUNKtional wearables creates exclusive accessories suited for Fitbit and other activity trackers. Complete with an entire line of accessories such as bracelets and necklaces, FUNKtional provides a host of designs for anyone interested in monitoring fitness goals while maintaining an eye on fashion.
The wearable industry is new, exciting and full of possibilities. However no one has found the secret sauce to bring on the masses, but chances are someone will. Wearables dominance is up for grabs but the question is, which device will finally find big time success?
Tell us what you think in the comments below.
Beyond wearables, your phone can transform your wardrobe — Android-powered wardrobe apps put a personal stylist in your pocket.
4241 Jutland Dr., Suite 300
San Diego, CA 92117