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Market Overview for Technology for Aging in Place

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vehicle/transportation technology-services

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Pitch now, commercialize later -- does a live pitch persuade?

Pitch events precede clarity of offering which precedes... Hopefully the best pitches of best offerings will be funded. But that funding is linked to detailed criteria (see the Link-age Ventures criteria as an example.)  Or investment history, as with the five Generator Ventures, can be viewed online.  Startups know that first multiple pitch events will smooth rough edges of the pitch and help refine the offering itself.  For example, one year ago note that GoGoGrandparent started as telephone-based way to call Uber for, sigh, the founder’s grandmother, now refined as a nationwide “services that help families take better care of older adults.” Pitches represent a single step in this process for obtaining feedback, scoping markets, seeking seed funding, later stage rounds -- ultimately scaling the offering into long-term viability, with referrers, resellers, and revenue.  With that as context, consider these three pitch events.

Five Tech-Enabled Ride Service Options for Older Adults

Tech-enabled transportation options for older adults.  Who would have thought of such a specialization before Uber and Lyft, but today, even Uber and Lyft have introduced specialized offerings. All are interested in (or have been) expanding beyond their home base or current business. Some are scalable nationwide – or want to be. Is the service appropriate for the older adult population it is intended to serve?  Is there a growing opportunity for home care companies to add transportation to their services, especially those home care companies that already have consumer apps?  Does this signal a business opportunity for senior housing firms? Information below is from the websites of the firm or related media.

Six observations from Tech-Enabled Home Care 2017 Research

Tech-enabled home care -- what does the interview research reveal? The report will be posted later this month, but specific insights emerged after speaking with 21 leaders in the home care business and technology segments.  The interviews are completed and the report is drafted. Here are six predictions that are drawn directly from that process:

AARP Experts Share Insights at CES

12/29/2016

WASHINGTON, Dec. 29, 2016 /PRNewswire/ -- To further the discussion on how technology and innovation impact the lives of people 50-plus, AARP today reveals its lineup of CES presentations addressing relevant trends from autonomous vehicles to intergenerational technology.

Lyft and CareLinx Partner to Transform Accessibility of Transportation for the Elderly With CareRides

12/12/2016

SAN BRUNO, CA--(Marketwired - Dec 12, 2016) - CareLinx Inc., a leading nationwide online caregiver marketplace, specifically focused on helping the elderly and people with disabilities and chronic conditions, today announced a partnership with Lyft, the fastest growing on-demand transportation service in the U.S., to offer CareRides, convenient, reliable, door-through-door transportation to increase freedom and mobility for

Media hype of the same tech firms -- more clicks, less benefit

Aren’t you tired of technology that doesn’t exist – or could hurt you? Let’s consider the technology offerings we cannot buy and perhaps do not ever want to buy.  There is a growing and increasingly tedious list of them, as noted in the Washington Post, the Wall Street Journal, the New York Times, ZDNet, CNET, and blah, blah, blah elsewhere.  The tech companies these media influencers want you to know about include Facebook drones, self-driving cars, those ubiquitous robots, and anything that has the word Apple in the text – can you say Wall Street Journal?  It is getting tough to select from the conflicting survey articles on driverless cars. The word 'fear' crops up a lot – perhaps having to do with concerns about a recent autonomous auto casualty. This gem is from today, about the cities that will lead the driverless car 'revolution.'  Condolences to you if you live in one of those cities.

Watching the home care industry slowly (or quickly) morph

Some industries remain the same for 30 years – and then POW!  Think back to travel agencies, bank branches, bookstores, hardware stores.  Each of these ultimately were traumatized into consolidation and transformation by new entrants. Smaller players in every segment went out of business.  The consumer was willing and eager to change. Online promotion of new capabilities helped them see what the existing players could not. Consider that in 2011, there were a very few indicators of the utility of tech-enabled home care. Naysayers about home care’s future in those days included some of the most entrenched.

GREATCALL AND LYFT SOLVE TRANSPORTATION ISSUES FOR SENIORS USING PERSONAL OPERATORS

08/30/2016

SAN DIEGO – AUGUST 30, 2016 – GreatCall Inc., the leader in connected health for active aging, is starting a program that addresses one of the top issues in aging: transportation. The GreatCall Rides program will provide GreatCall customers with easy access to Lyft services – without an app – through GreatCall’s Personal Operator Services.


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