A series of seminars at Hong Kong Trade Development Council’s Spring Electronics Fair today provided key insights into the evolving industries of the Internet of Things and consumer technology.
Kicking things off was Fred Wong, Chief Investment Officer, eFusion Capital, who chose to underline the disruptive influence that he believes the Apple Watch will have on the technology industry.
“Google Glass can be labelled as a failure because it is no longer on the market, but a second attempt will hit the market soon,” he said. “The same cannot be said for the Apple Watch.
“The Apple Watch is a bridge between the Internet and the device. In our industry we’re always talking about Business-to-Business or Business-to-Consumer connections, but Apple is now bringing us the era of Comsumer-to-Business. It’s bridging making strides in driving information technology over to data technology and biological technology. It can be a personal assistant to daily life, measuring psychological changes. It’s the only product that touches your skin, and that can be worn in the bath or the shower, or when you sleep.”
He also went to highlight how in spite of the device’s huge influence, its lack of autonomy served to mark it out as unique. “It’s the first product to be a slave; it’s not a master product and needs its companion – the iPhone – to be used,” he said. “From what we’ve seen it has been the perfect blend of hardware and the Internet, and is bringing us into a virtual reality world.”
