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2024 What's Next Longevity Venture Summit (online)

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Monthly blog archive

Aging tech market: Selling fear, uncertainty, and doubt? Or devastation?

Today, this is a non-blog blog entry:  I am not targeting any specific vendors. But I think it has to be put out on the table. There is a not-so-fine line between offering products that assuage fear and pitching product offerings within a terrifying context. I saw such a pitch today and I was so upset, I had to leave the room.

Aging in Place Technology Market -- new, real, next, now

Some called me crazy. Maybe an analyst who sees the non-tech world of aging through a tech-focused set of tinted glasses. When this blog began and I ranted about the importance of describing and shaping a business market of technology to help boomers and seniors successfully age in their own homes, I received virtual quizzical looks from many experts. I am a determined (some might say obnoxious) sort, however, and as I began to interview people, go to conferences, speak to industry experts, and write what I'd learned, I became more and more convinced.

A stake in the ground: 2009 Market Overview Published - Technology for Aging in Place

Good NEWS! This week on Wednesday, you can access the 2009 Market Overview docs from this site.  A download page will be presented to anyone who is willing to fill out a short contact form that we will then use to build the newsletter distribution list. If you want to comment, this blog entry will be the one to comment on.

So let's get right to the point -- why does this market overview matter?

It describes a real and viable market that is emerging now but will grow to match the need!

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Repurposing infrastructure -- Verizon Chaperone and other market extensions

I spent some quality time this weekend writing and then losing a blog entry to a software crash. Computers. Gotta love 'em.  But I got to thinking about simplification, packaging, and reuse. If you think about it, how resourceful and enterprising business people are! Just think -- from one year to the next, contractors and interior designers move from new home building and decorating to renovation and retrofit. Car rental companies like Hertz get into the hourly car use business to compete with Zipcar.

Vendors who should target boomers and seniors - Part 1 in a series

Vendors never want to miss a market, inadvertantly bypassing an audience that may love to buy their products -- if they only knew more about them. So why don't vendors with great potential in boomer and senior audiences -- and even some loving customers -- try harder to make this match clearer? Is it because in our youth-oriented product culture, they don't want to use the 'age' word?  Is it because the product execs are too youth-oriented themselves? Fearful of alienating some by being specific about others?

Baby boomers want information, to connect to others, and move or improve their homes

These are tough times to sell products. Period. But before being ossified into a state of discouragement, it's good to know that the baby boomer market segment is not tapped out yet as the attached two studies make clear.

Aging in Place technologies -- a qualified endorsement in the NY Times

For those of you in and around this industry, this is very cool. Today's NY Times has a lengthy front page feature by John Leland called "Sensors Help to Keep the Elderly Safe, and Living Independently at Home." Give it a read.

Monitor the person or the place?

Monitor the environment. Sensor-based monitoring is not new -- QuietCare and GrandCare have pioneered home monitoring of seniors using room-based sensors for years. In both cases, sensors are placed in the room and alerts launched to a pre-determined number based on activity (or lack of activity) indicated by the sensors.

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