Third Wave Fashion // MARCH 2014 // THE FIT TECH ISSUE | Page 23

THE FASHION TECH REPORT Outside of practicality though, and despite thoughts that the tech behind the wearables isn’t where it needs to be to do anything worth note, I’d have to argue that it does plenty in this early stage. Just as companies operate as individual entities, for the most part, and are driven by constant data analysis, people too are incorporating data into their lives. For businesses, analytics determine where to invest, what needs work and, when done right, protects the bottom line. But if you consider personal budgets, which has to be to monitored to pay rent, put food on the table and put gas in your car, then life trackers and fittech are already great for maintaining a budget. To put it in perspective, a Jawbone tracker costs between $130 and $150. But depending on your copay, a visit to your docto "6