Wearable Tech Continues Advancement in Construction
Occupational injuries and illnesses are estimated to cost the United States as much as $250 billion a year. So cutting down on insurance costs in this area makes huge financial sense. In the construction industry, many companies are turning to wearable technology to better manage risks and incidents – and there are insurance benefits to be leveraged from this. Triax Technologies is one company working in construction wearable tech. The Connecticut company launched its sensor technology this year. Pete Schermerhorn, chief operating officer at Triax, said his company’s product is worn on all workers’ belts on a construction site. The sensors track all workers’ whereabouts, have an emergency locator button for accidents and injuries. “It’s a safety system for construction. If someone slips, trips, or falls on site, this sends an automatic notification [to a site supervisor] that someone has hit the ground. The system logs how high they fell, where they fell on site, and who else w...