Strategic Focus: Justifying Budget For Industrial Wearables

Executive Summary

This report helps corporate EHS managers understand best practices in obtaining budgets for industrial wearable devices, while also highlighting the key challenges that confront firms during this process. With increased visibility into the critical success factors for budget justification, this report also will support EHS managers in developing robust business cases. The industrial wearables market is experiencing strong growth. Despite these enablers, firms still are experiencing barriers to adopting industrial wearables, such as lack of budget and internal buy-in, commercial devices that are insufficient and/or expensive, and hidden costs of initial deployment and ongoing maintenance. By following their peers’ best practices, corporate EHS managers can alleviate these constraints and facilitate the development of a successful business case for wearables adoption.