In 15 years, for the first time ever, retired adults are projected to outnumber children. A demographic with disposable income and unique needs. And, for many, vision deterioration, dexterity issues, and lack of technology prowess. For others, loneliness, and isolation.
Enter IVR (interactive voice recognition) technology. AKA Alexa, Siri, and Google Home.
Seniors interact with their voice-activated speaker to connect with loved ones, receive reminders about medication and tasks, and call for help.
And there are 37 Startups building voice applications for healthcare.
“As the next frontier in human-technology interfaces, voice-enabled and voice-first technologies are leading the way in many innovative applications across industries. Predictions that 50 percent of searches will be voice-based by 2020 and that 55 percent of US households will have a smart speaker by 2022 have entrepreneurs, developers, product managers, and marketers rushing to figure out how they can capture the upcoming surge of voice-based technology.”
Good companies follow the curve. Great companies create it.