Market Overview for Technology for Aging in Place

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Voice First/AI/Voice Assistants

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Voice First/AI/Voice Assistants

Six new technologies for older adults – July 2019

More smarts are moving into tech for older adults. AI capabilities combined with a Voice First interface is increasingly expected – and so they are part of new offerings to help older adults, bothliving at home or in senior living communities. Will older adults be comfortable with them?  Will they be used effectively to help them remain as safe, independent and/or well as possible? These remain to be validated, but between the smarter homes and the smart devices, we are heading into another wave of innovation.  Here are six technologies (alphabetical order) entering the space – information is drawn from firm websites:

TOCHTECH TECHNOLOGIES LAUNCHES TOCHIE – NEW VOICE-ENRICHED PERSONALIZED AIDE

04/15/2019

VANCOUVER, CANADA – Tochtech Technologies Inc., a Canadian technology company with a goal to enable a future where seniors can live independently for as long as they choose, announced today the launch of its voice-enriched remote care product, Tochie.

Listen Up: Call for Entries to AI and Voice First Entrepreneurs to Showcase Tech Solutions for People 50-Plus at What's Next Innovation Competition

03/20/2019

NEW ORLEANS, March 20, 2019 /PRNewswire/ -- American Idol meets tech entrepreneurs focused on solutions for people age 50-plus at the What's Next Innovation Competition. The event is hosted by Mary Furlong & Associates and sponsored by AARP Innovation Labs during the 16th Annual What's Next Boomer Business Summit held here on April 18.

What's Next Innovation Competition Sponsored by AARP Innovation Labs!

03/14/2019

NEW ORLEANS, LA., March 14, 2019 -- This year's 16th Annual What's Next Boomer Business Summiton April 18th in New Orleans, Louisiana, features the annual Business Plan Competition where emerging companies pitch their ideas to a diverse panel of judges for feedback, funding and a $10,000 prize. The Summit includes angel investors, early stage and growth stage firms, and distribution partners all focused on investment in the longevity economy. 

Focus on Technology for Older Adults Sharpens in 2019

2019 Technology Market Overview is online this week. When assembling the 2019 tenth anniversary version, it was apparent that this year reflects change -- in the supply-demand balance in the overbuilt senior housing market, in policy changes driving health care services into the home, in market forecasts, and in the mix of vendors who serve the market.   It's in many ways a good-news/bad-news story.  Awareness is growing about an aging demographic, working longer and with longer life expectancy than previous generations.  At the same time, the technology market continues to expand in complexity, privacy and interoperability issues, while not effectively lowering cost of access or prices of useful devices -- and not necessarily boosting the availability of training on their benefits or use.  Here are four updated premises from the 2019 Market Overview of Technology for Older Adults:

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