Aging in Place Tech business potential
Possible business investment area for boomer and aging technology product and service vendors
Submitted by Laurie Orlov on Thu, 03/15/2012 - 08:32
Entering a tech market to help seniors. You want to help seniors -- you have a personal story about your grandmother. You are trying to decide whether your product for older adults warrants your time and devotion. This is not an easy decision, as you watch every thingamabob, it seems, launch into the market of tech for young folks either in website (Pinterist?) or gadget form (LunaTik Nano Watchband?). You wonder what you’re doing in the senior space; you’re not sure, but this seems NOT to be a gadget market. If someone were to ask you why that is the case, can you answer?
Submitted by Laurie Orlov on Sun, 03/11/2012 - 10:27
Personal service robots are out and about. So we’ve been talking about personal care robots for a long time – including the social engagement use of Paro the robotic seal, studied and re-studied at MIT. Yesterday’s Wall Street Journal ran an article about a rented robot ($3000) to liven up a party. Looking like a vacuum cleaner extension with eyes, it roved around a wedding on Segway-like wheels, presenting a movable and real-time image of an the groom’s 82-year-old mother who was physically unable to attend. Finally, a viable example of a robot in the service of an older adult! >>> Read more . . .
Submitted by Laurie Orlov on Tue, 03/06/2012 - 08:52
On the Internet, nobody knows you’re a dog. Although the cartoonist did not intend it, that 1993 New Yorker cartoon predicted the future and so it came to pass – and then some. So much of what’s on the web masks an entirely different reality. And so little when you search online has anything to do with what you want to find. Most people do not scroll down to the second page of search results if irrelevance rules: the Internet is filled with an ocean of junk web pages and misleading ads, masquerading as legitimate commerce. Talk to our friendly representative (photo of woman wearing headset). Call NOW! As seen on TV! As mentioned in TIME Magazine! Misleading information or scare tactic pictures on websites targeting seniors -- to me, these rank with phony telephone credit card and financial services scams. >>> Read more . . .
Submitted by Laurie Orlov on Thu, 02/09/2012 - 13:07
Let’s push the limits of intended tech markets. Pondering the pundits on the latest iThis and the newest fitThat, let’s turn the viewing lens to how the cool and the new could be re-purposed or extended to help seniors. No change needs to be made to hardware, typically, just a tweak here to existing apps – or a new app, that would do the job – feel free to go forth and to market with: >>> Read more . . .
Submitted by Susan Estrada on Thu, 02/02/2012 - 08:11
I was reading Joe Coughlin’s recent column It’s the Services Stupid! and realized that I sorta agree with him and sorta don’t. Putting AIP tech into retail settings doesn’t work yet. There are a number of vendors out there who have products in Best Buy and other major retail stores and have found it doesn’t add a lot to their sales bottom line. Instead: >>> Read more . . .
Submitted by Laurie Orlov on Thu, 02/02/2012 - 07:28
What is missing is systems thinking that responds to the entire ‘job’ of the older consumer or caregiver.
Submitted by Susan Estrada on Sun, 01/29/2012 - 16:32
Purrfect Pet. The PARO therapeutic robot is a pretty darn cool contraption. Shaped like a stuffed furry baby seal, it has five kinds of sensors built into itself: tactile, light, sound, temperature and posture. PARO’s sensors can “feel” being stroked or being held. It can also recognize the direction of voice and words such as its name. It moves, looks at you, blinks and closes its eyes, purrs and other pet-like actions and it is supposed to learn your desires and behave appropriately over time. >>> Read more . . .
Submitted by Laurie Orlov on Fri, 01/27/2012 - 10:33
Are seniors missing the tablet and e-Reader boomlet? Las Vegas can rest now. It has been left to its own devices, so to speak, now that CES has left town for another year. Exhibitors, never original, seized on swipe and touch trends started by Apple -- reports from the show noted that 'Android tablets have sprung up around CES like worms after a rainstorm' and how many types will be sitting in stores in 2012. So why don't seniors want to buy them? Pew Research published a glowingly titled doc recently titled Tablets and e-Reader Ownership Nearly Double Over the Holiday Gift-Giving Period and headlined that 'overall at least 29% of Americans own at least one of them.' And the 50-64 year-olds did show a significant increase in tablet ownership from December 2011-2012 -- from 8-15%. But as the Pew data shows, the 65+ are not flocking to the store to pick up a tablet-- a mere increase from 5 to 7%. Maritz did some profiling the younger folk: the average tablet buyer is aged 38-41, with an income of approximately $70K, tablet buyers are likely to be male. Older women seem to like the e-Reader more, with ownership jumping from 8-12% year over year, average e-book buying woman is aged 44. So what's the, er, story here? >>> Read more . . .
Submitted by Laurie Orlov on Tue, 01/24/2012 - 16:29
Just in case you thought you ran into me -- I wasn't there. But I got a kick out of Wayne Caswell's CES in Pajamas blog post, David Pogue's Sampling the Future of Gadgetry (wow, it really is a showcase for "tablets, thin TV screens, superthin laptops and Android phones") and then there were the 25 robots -- three of which were related to healthcare. So that led me to plow through more 'zone lists' and offer a paragraph about each of ten companies/products from A to Z that are recent/new to me -- and may be new to you. The link goes to their website, the text is theirs: >>> Read more . . .
Submitted by Laurie Orlov on Sat, 01/14/2012 - 14:13
Not to be a spoilsport…but 'age-friendly cities' aren’t. US News Money ran an article this week about ‘aging in place’ – what a great idea, but… Adding the 'but' is a correct assessment -- senior-friendly communities don’t really resonate as two words in the same sentence, although I suppose that is depending on whether you are imagining a young-aged (in either age or demeanor) senior. The AARP-sponsored state-by-state study cited underpins the issues, particularly with transportation. But what really struck me: "Of Americans over age 65, 21 percent do not drive," the report said. "This reduced mobility has a direct and often debilitating effect on older Americans' independence. More than 50 percent of non-drivers over age 65 normally do not leave home most days, partly because of a lack of transportation options." So let’s count that up, shall we? With 40 million aged 65+, 8.4 million of them are non-drivers, 4.2 million not leaving the home most days because of a lack of transportation. What are these people doing in their homes? Who sees them? How age-friendly is that? >>> Read more . . .