Akshay Kenia’s Post

It may cost more than you think. 💸 Bringing a wearable tech product to market requires a significant investment, especially during the research and development phase. Here’s what you need to know: 💰 Expect to spend $50K to $75K on minimal testing for your prototype. To get a production-ready device, you may need to invest $500K to $1 million. 🤝 Success depends on collaborating with the right professionals. Ensure your team is industry-aligned, enthusiastic about your goals, and committed to best practices. 🌍 If your team is spread out geographically, plan for additional costs and delays in shipping components and testing prototypes. Use remote project management strategies to keep everyone on track and your data secure. Strategic planning and the right partnerships are key to turning your wearable tech vision into reality. 🔗 https://lnkd.in/gddCCf6J #WearableTech #Innovation #ProductDevelopment #TechStartups #SolMinionDevelopment

Update: I received my Humane $699 refund weeks ago, after seeing a review of the Humane #AIPin. I decided not to go through with this technology/device after seeing the unremarkable capabilities on a YouTube review by Marques Brownlee - thanks for the timely review! Maybe it's just too early? Humane, the company behind the highly-anticipated #AI Pin wearable device, is reportedly exploring a potential sale just weeks after its launch. The magnetic device, which was marketed as a "smartphone killer", faced criticism for issues with reliability, practicality, and an additional $24/month subscription fee. Despite this, #Humane is seeking a sale price between $750M and $1B, despite its rocky debut. The company has raised $230M from notable investors, including Sam Altman, and was valued at $850M last year before the AI Pin's launch. This news raises questions about the future of wearables, including the AI Pin, rabbit inc.'s #r1, and others (which was decimated in a review from #YouTube investigator #coffeezilla from #Texas). Despite their promising potential, wearables have yet to see widespread adoption. With AI rapidly advancing and Siri 2.0 on the way, it's possible that smartphones might evolve to be the only AI device users really need. What do you think the future holds for wearables? #artificialintelligence #AIandML #LLMs #ann #artificialnueralnetworks #wearables #wearabletech #innovation #startups #entrepreneurship #startupchallenges #rabbitr1

Introducing Connectwear ✨️ A wearable device for social discovery and effortless connections. Discover new connections with a tap on your wrist! We are launching the WAITLIST! Here butterfliessocials.com Join the WAITLIST @ butterfliessocials.com and make striking up a conversation or building meaning connections easy and fun! Like or comment to join the WAITLIST! cc: buildspace #nightsweekends #buildspace #Startup #wearable #waitlist

FY'24 has been a great year for Urban Frog® audio wearables. We started with the focus on building brand visibility and hence our most resources went into this and our digital expense increased by almost forty percent as compared to FY'23. We have introduce multiple SKUs and cut down on loss making SKUs where we were getting return of more than 10%. Our quality has improved and this has become possible only because we started working with reputed vendors who themselves were thriving to produce great products and are appreciative of new technology. Our revenue has increased and this gives us impression that Brand value has definitely played a major role in this. Being a young player among larger audio players it gives us satisfaction that we have made our customers proud and we were able to ship what our customers needed. Our goal for FY'25 will be to capture at least 5% of the audio wearable market. Book mark this post and remind us next year to ask for our achievement. And last but not the least, all thanks to our team who have worked hard enough to make us believe that we can dream to take our competitors head on. Also, our customers who rest their confidence on a new brand like Urban Frog. We will keep working to introduce great products and one day hope to produce Made In India products for the world and make Make In India a truth and not just words. #revenue #startup #finance #q4results #makeinindia

Move over, smartwatches! Smart rings are taking the spotlight in 2024. These sleek wearables offer everything from health tracking to controlling home appliances. Amazfit Helio Ring: Leading the charge with powerful health-tracking features. Evie Smart Ring: Returning with cutting-edge sleep and fitness tracking. Lotus Ring: A wearable controller that can manage your smart home. And yes, we're eagerly awaiting the Samsung Galaxy Ring to join the competition! With wearables becoming more compact and multifunctional, 2024 is shaping up to be the year of the smart ring revolution. Are you ready to embrace the future of wearables? 🔗 Follow Founding Startups for more tech updates! #SmartRings #WearableTech #TechInnovation #AmazfitHelio #EvieSmartRing #SamsungGalaxyRing #FS #FoundingStartups #Startups

According to several reports, HP is in talks to acquire an AI startup for a stunning $1 billion. The company was more well known for its AI Pin—a wearable device that imbibes AI to provide personalized information and help users—than for its other products. This reflects HP's strategic move as it seeks to strengthen its position in the AI and wearables market. The realization of this deal would significantly impact the product offerings of HP and, at the same time, bolster its innovation capabilities toward the level where this company surpasses as a leader in the AI-driven tech landscape. https://buff.ly/4e5JusF #HP #AIStartup #WearableTech #AIpin #TechNews #Innovation #TechAcquisition #AIIntegration #WearableDevices #TechIndustry

Nowadays, people love using wearable gadgets like smartwatches, bands and many more. In this segment, “Go Noise” has built its own market. But how did this bootstrapped startup become so successful, let us know in this video. Don’t forget to follow @iamdhanush.s for such insightful information. Video editing by @daarambhstudios #iamdhanushs #gonoise #noise #tech #business #casestudy #knowledge #informative #funny #trending #viral 

Boult, a bootstrapped company, successfully navigates t he wearables market by focusing on product quality, R& D, and understanding their target audience. Key Highlights • Boult chose to bootstrap, avoiding external funding while competitors raised crores. • Understanding the minimum viable audience led t o tailored products and marketing strategies. • R&D investment resulted in high-quality smartwat ches with minimal error rates. • Unit economics focus on balancing manufacturin g costs and marketing expenses for sustainability. • Emphasis on unique product aesthetics differenti ates Boult in a commoditized market. • The brand's strategy is to build loyalty through qu ality rather than just aggressive marketing. • Successful brands blend R&D with effective mark eting while maintaining a clear value proposition. LINK:

RealWear, the wearable computing startup, has acquired Almer Technologies , a Swiss innovator known for ultra-compact and user-friendly AR headsets. With TeamViewer's strategic backing, this acquisition will merge RealWear's voice-operated solutions with Almer's subscription-based headsets to create a more powerful AR product line. Almer Technologies innovative subscription-based hardware renting model will enhance our existing portfolio to offer more flexible and scalable solutions for our partners and customers. And we have secured TeamViewer’s renewed commitment and backing, strengthening our longstanding collaboration with the leading software company in the enterprise AR industry.” said Dr. Chris Parkinson, CEO of RealWear. Sebastian Beetschen, CEO of Almer Technologies, added: "Almer's innovative approach for frontline workers has enabled us to deliver industrial AR solutions that are the most intuitive and most effortless to use. We're excited to bring in our expertise and speed of execution to RealWear and push the boundaries of frontline worker solutions." Download DigiScoop today – the app that delivers quick, concise news for digital marketers.  Android : https://lnkd.in/gZdyNJHw IOS : https://lnkd.in/gZHbwkBT Stay ahead of the curve with 70-word updates #StopMindLessScrolling #Just2MinsonDigiScoop #StayInformed #Marketer #DigiScoopLaunch #DigitalMarketing #StayUpdated #MarketingTrends #Advertising #Innovation #RealWear #Wearables #SmartGlasses #TechInnovation #Acquisition #WearableTech #FutureOfWork #TechNews #SmartTechnology

🔍 Ever wondered how wearables might reshape our reality? Apple's entry into smart glasses could do just that! 🚀 This trend unveils a world teeming with potential—especially for aspiring entrepreneurs. From augmented product displays to interactive learning, the possibilities are endless. But it's not just about using the tech, it’s about embracing and shaping the future with it! Curious about how you can leverage this innovation for your startup? Tap into the insights we explore in the latest blog. 🌟📈 Future-forward thinkers, this one's for you!