Page 26 - Green Builder Magazine May-June 2019 Issue
P. 26

continued from page 23
                  Study: Once Seniors                                      a full-blown health station, de-
                                                                             Another example would be

                  Understand Tech,                                         signed to look like a vanity. As
                                                                           the user sits down to brush their
                                                                           teeth and wash their face, they
                  They’re Loyal Fans                                       are being weighed and checked

                  Younger generations can imagine high-tech                for  cholesterol  levels,  blood
                                                                           pressure and even cancer. This
                  gadgets, but older buyers put them to work.              technology is right around the
                                                                           corner, although perhaps too
                         EW RESEARCH FROM PWC confirms what we already knew   expensive for homes—for now.
                         about market barriers to IOT acceptance, but also offers some   Ultimately, the best and most
                         good suggestions on how to overcome those roadblocks:   humane healthcare for seniors
                  N Generational  differences  play  a  major  role  in  whether   is one that emphasizes good
                  smart technology is embraced, but not always in predictable ways.     health to forestall or avoid as
                  For example, home safety is the most consistent feature attractive to people   many of the in rmities of old
                  who do not currently own smart gadgets. About 75 percent of respondents   age as possible. The U.S. system
                  said they would be willing to pay more to secure their home.   is heavily skewed toward treat-
                    Also, people over the age of 50 are not interested in “advanced features.”   ment of disease, rather than pre-  Self service. Now being rolled out at
                  They generally want products that are reliable, easy to use and show a cost-  vention, but the ALT home of the   Sam’s Clubs, this health station offers
                                                                                                       an early glimpse at what could become
                  savings benefit. In other words, they’re not as easily charmed with novelty   future doesn’t have to adhere to   the only affordable healthcare option
                  as their younger cohorts. Win this audience, say the researchers, and you   that short-sighted model. But we   left to aging Americans.
                  tap into a huge white space of potential buyers.         should insist on the right combi-
                                                                           nation of privacy safeguards (limits on who gets the data) and fea-
                                                                           tures that serve the elderly, not simply the caregiver. Manufacturers
                                                                           should not double dip and pro t by selling the data collected, as so
                                                                           many do currently.














                  The right pitch. Older Americans will embrace tech, but on their
                  own terms.
                  Senior Attitudes Toward Smart Home Tech
                  ■ The majority of consumers are familiar with smart home technology.
                  ■
                  ■ One in four U.S. internet users currently owns a smart home device.
                  ■
                  ■ Device adoption results from four main motivators: savings, safety,   Load up. The Medacube can supply up to 90 days of meds, and is
                  ■
                   convenience and control.                                  controlled via smartphone.
                  ■ Price is currently the No. 1 purchase barrier.
                  ■
                  ■ Security around one’s data is a concern but often overlooked, when the   The Right Dose
                  ■
                   value of a product is proven.
                  ■ A payment plan for smart home devices would be a persuasive offering.  EVERAL SMART DEVICES that dispense medications have hit
                  ■
                  ■ Smart devices focused on safety command the highest price.      the market lately. While the technology doesn’t address the
                  ■
                  ■ Consumers are willing to spend on additional services and features after   crushing costs of prescription drugs (perhaps later iterations
                  ■
                   purchasing a smart home device. Enhanced security features top the list. S will act as a pharmacy, and mix generic brands from raw
                  ■ The majority of consumers say they are excited about the future of   materials), for seniors, they offer a reminder and a safe way of doling
                  ■
                   smart technology in their home.                           out the right dose of the right product at the right time.
                   24  GREEN BUILDER May/June 2019                                                        www.greenbuildermedia.com




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