Workforce Life Issue 03 | Page 6

06 What's Next? The WEARABLE LIVES of well beings More than half of Australians use wearable devices, and wearables are already starting to play a role in risk-management and injury prevention. But why is uptake so slow, and how can businesses take advantage of this popular consumer technology? The future of wearable technology is in the workplace, not at home. This statement was made more than two years ago by Bill Bartow, vice president of global product management at Kronos Incorporated, in a prescient interview with Training magazine. The market was trumpeting the future of domestic, not corporate, wearables – so what’s changed? More than half of Australians now sport a wearable device, according to professional services firm PwC. Last year, PwC surveyed 500 people about their “wearable life”, finding that 55% owned a wearable device, and uptake was driven mainly by health (85%), technology proficiency (80%) and parenting and productivity (77%). Contrast this with 43% of Australians who reported using a wearable device for work in 2015, and it looks like corporate wearables aren’t lagging quite so far behind. “Wearables are still very much a personal device,” says John Riccio, partner and digital services leader at PwC Australia. “They have two functions per se – a big part of it is health tracking and monitoring. The other part is that it mostly acts as an extension of a mobile phone, making your smartphone functionality available on your wrist.” The two trends driving organisational uptake of wearable technologies in the short-to-medium term are improving workforce health and safety and exploring the Internet of Things to improve business “The value of data efficiency. lies only in our ability to use it as In industries that operate actionable insights.” in high-risk environments, such as mining or oil and gas, wearables are already starting to play a role in risk-management and injury prevention. Truck drivers working in coalmines in NSW’s Hunter Valley have been using SmartCap, a wearable device that looks like a baseball cap, to detect fatigue and alert drivers in danger of falling asleep. For most other industries, the use of wearables in the workforce is mainly limited to health monitoring. A significant barrier to entry for businesses is the complexity and cost of data collection, analysis and usage. The wearables are useless on their own – it’s the data that has value. “The cost of managing data collected from wearables can be significant,” Riccio says. “Aside from being extremely expensive, people are still trying to work out how to use the collected data. We need help to summarise data as insights before we can actually turn it over to humans to use it. The value of data lies only in our ability to use it as actionable insights.” Riccio believes it will be at least another five years before we see wearables bring significant benefits and become part of the corporate mainstream in Australia. “Some employers are experimenting with how they can use wearables to manage employee health and safety,” Riccio says. “These experiments are mostly in the pilot mode – they too are trying to understand what you can do with data.” The problem, he says, arises when an organisation does not have the skills to interpret the data in the right way. “People might not be comfortable with real-time monitoring of their heart rate or whereabouts,” he says. “There is this interesting cultural and human behaviour where we’re happy for Google to know everything we do, but we have a problem with the same thing in the workplace. People forget that if you carry a phone in your pocket, you are being monitored.” Riccio believes millennials (born between about 1980 and 2002) will be the most challenging adopters of wearables in the workplace due to their suspicion of sharing information with corporations. “They are happy to share stuff; indeed, they might be the most sharing generation ever,” Riccio says. “However, they are very particular about who they share their information with. Understanding how their data will be used and ensuring that employees see the benefit of why monitoring is being done is paramount in getting people to comply with wearable projects.” Subscribe for future editions UP NEXT → DRIVING DEMAND: THE EVOLUTION OF COMPLIANCE Workforce Life | ISSUE 03