Meet or hear Laurie in one of the following:

InsureTech, Washington, DC, May 30, 2019

Silicon Valley Boomer Venture Summit, June 6, 2019

DC Longevity Summit, December, 2019

 

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Market Overview for Technology for Aging in Place

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Seniors

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Seniors

Moon-dust: Media Nonsense about Self-Driving Cars and Seniors

Like robots, self-driving cars and the elderly make good media.  [Rant on] It never ends – another admiring NPR story about Google’s self-driving car –which of course has no steering wheel or controls.  Go ahead do a quick search for "Self-driving cars seniors” and then scan down the headlines. No need to read these articles – just the headlines. "Perfect for Elderly!" says AARP, "Seniors will be the first to benefit from self-driving cars!" "Can self-driving cars redefine old age?" And "will self-driving cars undermine Senior Living?" Seriously? Can the self-driving car cook dinner, clean the apartment and provide compelling social interactions, too?

Technology for seniors – why have a separate category?

Everything and nothing is in the caregiving innovation frontier. Keep slogging through the enormous market scoped in the AARP Caregiving Innovations Frontiers report. Study the teeny-tiny vendor icons (the only reference to market entrants in the document). Icons can be included for offerings that are not yet in the US market, or were produced at a 3-day hackathon (like Witness) and abandoned, or they're yet not a fit in the 'caregiving' world (like Lyft or Uber), or they're no longer a standalone business, like BeClose, Lively, Isowalk, and DoctorAHA).

Tech for age-related markets: learn, select, study workflow, train -- repeat

LEARN: How does useful technology find the older adults who need it?  The new tech laundry list is a staple of our fast-paced tech times. What is new right now, this minute that could, might, or maybe be useful to older adults -- six new technologies for this, five more for that. An exhibit area at aging-related event features more than 50 startup logospitches for pilots and advice on preparing to pilot.  Perhaps a technology could fill a real need of frail seniors – like a wearable band that notes dehydration and suggests a drink. Note that Nobo’s B60 was developed for athletes and the doctors that treat them. The company is aware of the senior need, but it might take a proactive third party to pull them towards that opportunity.

From age-specific and age-unaware toward age-friendly design

The lens used to view age sees a different picture. Population segments can be broad. Baby boomers, for example, now span aged 51 to 70, and people in the youngest segment may not feel they have anything in common with the oldest. On the one hand, a 70 year old with a disability may fit directly into the awkward dual goals of the CTA Foundation: "It was established with the mission to link seniors and people with disabilities with technologies to enhance their lives." In that case, an Age Suit may help (young) marketers better understand physical limitations. On the other hand, the mission of AARP is broad, "which enhances the quality of life for all as we age. We champion positive social change and deliver value through advocacy, information, and service." Grantmakers in Aging has an audacious goal: "by 2019 – for 20% of all philanthropy to go to aging."

grandPad Expands Offerings with Uber Integration

01/05/2016

Orange, CA (PRWEB) January 05, 2016


grandPad, creator of the first simple and safe tablet based solution and private network that connects the core family with a platform built for seniors, will integrate the Uber app into grandPad’s groundbreaking technology platform and network, making it easier for seniors not only to connect with families, friends, and caregivers, but also to request a convenient, affordable ride at the push of a button.


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Rock Health Survey: Digital Health needs trust -- and older users

Rock Health buries the lead -- consumers don't want to share with tech firms. [Rant on.] Digital health firms are having a tough time, despite upwards of $6 billion from me-too investors, and that's just last year. The Rock Health Digital Health Consumer Adoption Survey 2015 of 4017 people is a testimonial to the mismatch between investor optimism and consumer skepticism. On the skepticism front, blame is placed on a variety of factors, including lack of sharing of data across health providers ('Tech companies don't have the problem, it's the siloed health institutions.') But wait. "The contenders–Apple, Google, Facebook, Microsoft, and Samsung—all fared poorly, with approximately 5 percent of people saying they’d share with these companies. Facebook was the outlier -- only 2% would share health or DNA data with the social network." Duh. Despite a few hysterically enthusiastic reads of this data, like Forbes, a few saw gloom. Kudos to MIT Technology Review and a few others for noting the tech company chart, small and at the end of the report.

Excess capacity in senior housing -- why won't consumers move in?

Builders like to build – and investors like it too.  Does it surprise anyone that there may turn out to be unoccupied senior housing units in the future? That the supply may have been overbuilt for the level of future baby boomer enthusiasm for this type of housing?  "The occupancy rate for all senior housing in 31 major markets fell this spring for the second consecutive quarter." And shares "have tumbled down" in the real estate companies that, interestingly, continue to build. So what’s going on? Certainly, the old refrain of '10,000 baby boomers turning 65 every day' (beginning in 2011) has not proven to be a market strategy.

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