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Market Overview for Technology for Aging in Place

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voice/AI technology

Six Offerings from 2018 What’s Next Business Boomer Summit

The 2018 Boomer Business Summit, now in its 15th year, built this year’s conference as the ‘Blueprint for the Longevity Economy’. That blueprint depends on the enthusiasm and foresight of innovators and leaders of technology companies that focus on the boomer-senior market, increasingly offering Voice First interfaces to new capabilities. Here are Six offerings from companies whose founders are passionate about serving the needs of older adults, those who care for them and those who serve them. All of the material included here is from the firms, listed in alphabetical order.

2018 Market Overview of Technology for Aging in Place published

Technology and tech-enabled services matter for older adults. The marketplace for technology to assist aging adults in the Longevity Economy is expected to grow to more than $30 billion in the next few years, according to the updated report by Aging in Place Technology Watch, more likely to be based on customization of standard software, using existing platforms than creation of senior-specific products. The report provides predictions about key technology trends for 2018 and beyond. Families, caregivers, and seniors will acquire new tech-enabled services that improve the quality of their lives. The 100-million-strong 50+ market is increasingly aware of technology alternatives -- and providers know it:

2018: What technology matters for older adults?

Technology utilization among older adults grew.  According to Pew Research, smartphone adoption in particular grew among older adults.  Interestingly in a later survey, those with Amazon Echo or Google Home devices and apps used their smartphones less.  Self-driving technology was a big topic in 2017, much of the hype including mention of benefits for older adults.  Still not clear why an Uber driving itself is better than a Lyft or Uber with a driver – unless it is the well-publicized incidents about Uber drivers.

Voice-First Solutions For Long Term Care

02/16/2017

Innovators deploy voice-first solutions designed specifically for older adults. 

Voice First: What you say should help get what you need

What makes Voice First special for older adults?  This blog has discussed the emergence of Voice First technology -- speech-enabled interactions with technology -- on multiple occasions. But this occasion is different -- it marks the publication of a research effort and resulting report linked here called The Future of Voice First Technology and Older Adults 2018.  Today's blog post offers a short excerpt of key differences between Voice First technology and prior tech generations that apply to all users – but are unique for seniors -- future research will continue to explore that uniqueness. So what has inspired multiple organizations, including Benchmark Senior Living and Carlsbad by the Sea, to begin their programs? They see that while Voice First technology is an early market with some (noted) limitations, it also represents, unlike prior technology generations, benefits for users.  For users and tech managers, Voice First is:

15th Anniversary: What's Next Focuses on 2020

01/22/2018

SAN FRANCISCO, Jan. 22, 2018 /PRNewswire/ -- The 2020 View: Your Blueprint for the Longevity Economy, the 15thAnnual What's Next Boomer Business Summit, hosted by Mary Furlong and Associates, has announced its agenda for March 28th, 2018, in San Francisco, California. 

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