Wearable technology has advanced from simply storing data to helping prevent or reduce workplace accidents, and can provide employers and insurers with invaluable information, industry analysts said Thursday. However, that information must be properly stored, processed and protected, they added. The panelists at Business Insurances 2017 Innovation Summit in New York made their comments during a session about the risks and benefits of wearable technology, noting that wearable devices can be used to increase safety, provide health information, improve working conditions and boost productivity.
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