Bill Gates famously said that we always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten !
Xiaomi has shaken the wearable market with the introduction of its latest wearable device – Xiaomi Mi Band. It has been aggressively priced at USD 13 !
Xiaomi Mi Band attacks the personal health and fitness space. It focuses on tracking the user’s fitness and sleeping routine.
It boasts of a standby life of 30 days, is water resistant and comes in attractive colors !
This is truly taking wearable device to the mass markets ! It shows that, with further R&D and innovation, governments and public health organizations can redefine public health and universal care by leveraging such innovations.
Avinash Birnale
Rightly said Ashok! Wearables has huge potential especially with the backing of Mobile and Cloud. While biggies are working on large scale projects that would make a dent on consumer’s pockets, the relatively smaller companies like Xiaomi are disrupting the whole ecosystem in a positive way!