Tag Archives: Peter Radsliff

REPORT: 2012 What’s Next Boomer Business Summit

I just attended Mary Furlong’s What’s Next Boomer Business Summit in Washington DC last week (May 28, 2012). For AgeTek members—or other interested businesspeople—who weren’t able to attend, I thought I’d share my thoughts on what I experienced and the … Continue reading

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Informal NO-HOST AgeTek meet-up planned April 27th, San Francisco during ASA! ALL ARE WELCOME!

No host Meet ’n Greet during the ASA Conference and before the What’s Next Boomer Business Summit When? – Wednesday April 27th, 2011 — 7:00 P.M. until whenever Where? – Johnny Foleys, A great Irish Pub, with super beer, food and dueling … Continue reading

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CEDIA Names Home Health Technology as a MAJOR trend for CEDIA Dealers

http://www.cediacrosspoint.com/content/emerging-trends-2q-update-video Fantastic! Well Done Cedia team! Home Health is a great opportunity for this industry! The Aging Technology Alliance: AgeTek (www.agetek.org) is perfect for new dealers that are signing up for this industry. ALSO – – We are hosting a … Continue reading

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Is custom install missing the boat with “Connected SOURCE”?

OPINION: So where does a consumer go to really get help with difficult home technology challenges, especially those that are not easily solved by trying to do-it-yourself? That’s what the Best Buy Magnolia Hi-Fi & Geek Squad store-within-a-store concepts were … Continue reading

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United in Technology for Aging – Laura Mitchell & Peter Radsliff Speak on the Aging Technology Alliance

Ken from ViodiTV interviews Peter Radsliff (AgeTek Chairman) and Laura Mitchell (AgeTek Director) on what the Aging Technology Alliance is and the companies that were represented in the AgeTek Pavilion at CES 2011. Continue reading

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The Aging In Place Opportunity, Dan Daley Features Various AgeTek Companies

Why Digital Home Health Care Technology May Be Good for Your Business
We’re getting older, and that’s good. That was the message from the dais at the Digital Home Health Panel that took place during CEDIA EXPO in Atlanta this past September. More specifically, referencing data that shows 70 million Americans reaching senior status by 2030, Ken Kerr, president and CEO at Home Controls, which distributes Grandcare, Presto, and ClearSound elderly care and connectivity devices, put it bluntly: “New needs in huge numbers in an aging population equals new opportunities.”

That was the point that a half dozen or so technology companies that are targeting the home health care industry wanted to get across. All market sectors start off small, and if home health care does develop into a major source of revenue for residential systems integrators, the approximately 50 systems specialists who comprised the panel’s audience might be looked back on as the beginnings of the small army that the product manufacturers and distributors believe will grow into in the coming two decades.

In contrast to the acrimonious health care insurance debate that took place a year earlier, proponents of home health care technology got down to the economic brass tacks early on. Kerr compared the cost of assisted living or nursing home stays–he cited the approximately $75,000 it costs to maintain one person annually in a nursing home environment–with the cost of outfitting a home with sensors that monitor, record, and transmit information about location, medications, and other key daily necessities and said it would be a fraction of the ongoing costs of living outside the home.

“That’s the value proposition to the customer,” Kerr explained. But the numbers are equally good for the integrators that will sell and install those technology products. “Digital home health products are not yet commoditized, so the margins are very, very good right now, like the home theater business when it started out,” Kerr pointed out. Continue reading

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