Through a collaborative partnership and joint research, Philips and the Global Social Enterprise Initiative (GSEI) at Georgetown University's McDonough School of Business have found that our aging population places a high value on technology as they age. However, the overwhelming majority believe today's technology needs to be better developed to help them successfully age at home, or age in place, for as long as possible.
In fact, while most want to age in their own home, they believe they will have significant barriers to achieving this through the aid of technology, such as access and adoption, cost, privacy, complexity of use, product integration, and public policy. These barriers, which need to be addressed for future generations, already have a deep impact on how seniors currently use technology today.