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AgeTech

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AgeTech

Infographics are everywhere -- is that a good thing?

Organizations love to create infographics – but why? In one click-and-slow-scan, an infographic (information graphic) can tell a story that typically takes 20 slides or a lengthy narrative. Within the past few years they have become so trendy and pervasive, along with the free and/or inexpensive tools to create them, that people are now giving advice about how to create cleaner infographics – a good idea – some are pretty awful.  In 2012, it seemed essential (although not clearly related to any objective, actually) to start collecting those that relate to aging, health,  business and technology.  Now there are quite a few, so let’s look at those from this past year – and perhaps some are useful in age-related businesses -- remember to scroll down past text in a few cases:

Study reveals most Gen Xers and boomers want to age at home but 95% fear today’s technology is not up to the task

11/06/2013

Philips and Georgetown’s Global Social Enterprise Initiative Examine Barriers to Technology’s Ability to Improve Quality of Life for Aging Population

Philips and the Global Social Enterprise Initiative (GSEI) at Georgetown University’s McDonough School of Business released a survey today that found both baby boomers and Generation X (Gen X) place high value on technology as they age. However, 95 percent believe today’s technology needs to be better developed to help them successfully age at home, or age in place, for as long as possible.

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Six New Technologies for Aging in Place

The fall is an event extravaganza – and oh, tech products to consider. Taking a look at AgeTech West in November, the mHealth Summit upcoming in December and the recent Health 2.0 and Connected Health Symposium events – and coming in 2014, there will be both Digital Health and Silvers Summit at CES. So as not to miss too many, here are a few selected from the near-term events, as always, hoping to avoid the not-yet-launched as well as including those for caregivers as well as care recipients. And please note – the descriptions of these come from the websites of the companies. Hint to founders – a website that starts with video is a bit lean. Paragraphs of text would help viewers better understand the value proposition – and be searchable!

Announcing New Services from Aging in Place Technology Watch

Helping organizations grow businesses in more ways.  When Aging in Place Technology Watch first launched in March, 2009, the intent was to mirror the services of a traditional Industry Analyst firm – client annual fixed price/time retainers, research reports, marketing white papers, and speaking engagements – offerings that are still very much in place and in use. But a few who read this blog know that over the past few years, the services have expanded – and could be of benefit to some blog readers. Contact laurie@ageinplacetech.com for client references, pricing, and to learn more about:

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Memo to marketers -- after the hype, press releases endure

An upcoming and splashy event looms – time to market.  We are in the fall show season and it shows. So the new product isn’t really tested past a slick prototype, but the brochures must get to the printers NOW. Why?  CES (or Connected Health, ATA, or the mHealth Summit) is on the calendar and innovation is expected, no actually, innovation is mandated.  For the price of a booth, press release, brochures, a demo device and all travel costs, marketers must market. Whether the product works? Not important for demo purposes.  Does anyone need the offering? See the hype for 2010 launch of Healthrageous and now see the 2013 shutdown.

Senior products and services -- how about delighting the customer?

Reinventing the aging experience – who will transform this market? Over the weekend I saw a Woody Allen movie (he is now 77 and in trouble in Mumbai), read an article about Robert Redford (he is also 77), noted that Bill Cunningham -- the NY Times bicyclist-about-town -- is now 85, Betty White (accused of ageism this week) is now 91.  These are well-to-do and well-noticed folk – likely they feel secure in their limos, the NY streets or wherever. You wanna bet that none is considering or would ever consider moving into a CCRC or an Assisted Living, or wearing a PERS device around their neck, mobile or otherwise?  

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Trending again – Technology for aging in place

What goes around comes around and gets a new market sizing. You may have seen a rather giddy press release recently that sized the market for aging in place technology at a cool $30 billion by 2017.  The global market for elder care technologies will hit $7.2 billion by 2018 and as for home monitoring of seniors, the number of units of wearable wireless devices will climb from 3 million units (2011) to 36 million units by 2017, and users of family locator services (including PERS) will reach 70 million by 2016. It’s a good thing these sizings forecast three to four years from now. That will give everyone time to overcome barriers that hamstring utilization today -- like controlling the cost of device, figuring out who pays for them and will the target user actually be able to afford to use it/wear it to help them stay safe or will the doctor and supporting staff remain engaged to help the user keep their chronic disease(s) under control?

Ten events for your health, boomer or senior product or service

Finding the visibility and network that your offering deserves.  We are entering the trade show season, so it’s time to make a few go/no go decisions. You have had your product (or new version) or service ready for the past months or year. Your pilots have been successful and you now know that professionals, prospects and early customers are pleased with what you’ve done. You’ve read Ten Tips for Launching a Product or Service. You have first focused on the local/regional events. Now make sure your offering – whether it is caregiving, health and wellness, home safety, learning, engagement or just plain fun – is well-received at events attended by prospective customers, resellers, referring professionals, possible partners, and adjacent product categories.  Consider this list of national events (listed in date order). Study prior exhibitor participant lists, learn about typical number and profile of attendees, booth costs, hotel and attendance fees. Note any (of many) innovation award opportunities, if not now, then for the future. If you are not that familiar with any of these, consider going once as an attendee -- before exhibiting. Comments about other events are, of course, welcome:

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