Remote monitoring

Lively’s failure is making other market entrants nervous – so let’s consider.  This past week, the remaining assets (no people) of the Silicon Valley firm Lively (mylively.com) were acquired. So let’s take a few moments and reflect on what might have happened. What can startups and current players learn from this? Actually, not too much -- Lively was not typical of the industry it entered. It was founded in late 2012, launching in the spring of 2013 and sank quickly, going out of business just last week.

An age-friendly event in young Boston. Last week, LeadingAge returned to Boston after an absence of 23 years, now that the city has a convention center that can hold the 8500 attendees. Perhaps more remarkable, is the desire of the city to become age and dementia-friendly, as opined by the Mayor, Marty Walsh, who received a citation for such efforts. For convention attendees, that may need some more work. The pedestrian walk time duration near the convention center was just enough time to (walk quickly) and only reach the road's median. No surprise – as the town is for the young, and this new area was likely designed by them: Boston's median resident age is 31.7. The event exhibition hall was the expected mix of food service providers, furnishings, bathroom supplies, technology suppliers, and health-related products for the senior living industry.  There were quite a few sizable technology companies known in the CCRC/Senior Housing market, including CDW, Stanley Healthcare, Panasonic, LG CNS, Hamilton CapTel, IN2L, SimpleC, Care Innovations. Here are just five new technologies drawn from the event, with the material from the company websites:

Some tech companies don’t see the senior market as an opportunity. They are the Peter Pan tech firms, the ones in which no one (including the customer) ever ages (you might know them as Facebook, Apple, Google, and Twitter). Meanwhile, from Nashville, France, and Germany, others see inclusion and extra services as good business, maybe because this market is pretty much ignored by the gang of four. Here are five companies that vary a platform or a product to make it more useful for an older adult market or service. – All material is derived from the vendor websites or press releases: