Aging2.0 | Berlin - Intro and Overview - Stephen Johnston

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Aging2.0 | Berlin, 11 July 2013
Intro and Overview
Stephen Johnston, Founder, Aging2.0

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Aging2.0 | Berlin - Intro and Overview - Stephen Johnston

  1. 1. Aging2.0 | Berlin 11 July 2013
  2. 2. Herzliche Willkommen!
  3. 3. Tonight’s Agenda •  18:00 Networking & Welcome •  18:30 Innovation and Global Aging
 Stephen Johnston, Co-Founder, Aging2.0 •  19:00 Round the Room – 10 second intros •  19:20 Break •  19:45 Additional Presentations •  20:30 Wrap up and networking 3  
  4. 4. Additional presentations:
 Are we missing anyone? •  Company Pitches (5 mins) –  GoDerma –  Vescape (Jérôme Feys) •  Thought Leader Presentation (5 mins) –  Margaret Heckel: Author: “Midlife-Boomers” –  Jesus del Valle Rosales, Bayer –  Telcenter Europe •  Announcements (1 min) –  Mozilla www.webfwd.org –  Berlin Summer University – Aging in Place Workshop
  5. 5. Thanks to our host: Google! Sabine  Frank,  Carmen  Hofer,  Sara  Sarbandy,  Laura  Sco6  
  6. 6. Thanks to our sponsor: Bayer Grants4Apps Jesus  del  Valle  Rosales,  Jürgen  Hohmann  
  7. 7. Thanks to our partner: Health2.0 Berlin Ulrike  Anders  
  8. 8. Tweet to win! #aging2
 @AgingToo Thanks to our content sponsor: Katrin  Gaertner  
  9. 9. Aging2.0 Overview •  Demographics •  Market Impact •  Healthy Aging in the US •  About Aging2.0 •  Selected Aging2.0 Innovators
  10. 10. Massive demographic transition •  5hours per day more life expectancy! •  World's population over 60 to rise by 50% by 2050 •  Nearly half of the population in the developing world is under 25, compared to just 30% in developed world 
 •  Workforce is shrinking in developed countries (including China and Iran) by 2050
  11. 11. Source:  BCG,  Global  Aging,  Dec  2011   By 2050, most countries will be as old as Japan is today
  12. 12. Source:  BCG,  Global  Aging,  Dec  2011   IMPACT •  Workforce training •  Flexible hours & conditions •  New career & salary paths Workforce profiles are changing
  13. 13. Aging2.0 Overview •  Demographics •  Market Impact •  Healthy Aging in the US •  About Aging2.0 •  Selected Aging2.0 Innovators
  14. 14. A powerful economic impact •  Out of control healthcare costs….fewer workers… BUT •  Over 65s outspend the under 45s. 65-74 are second highest spending group (Morgan Stanley) •  By 2020, group aged 55 and over will own 2/3 of financial assets in US (McKinsey)
  15. 15. Source:  BCG,  Global  Aging,  Dec  2011   Growth in consumer spending 2008 – 2030, $bn   55+ will account for over 50% of consumer spending over next 20 years. 80% in Germany!
  16. 16. “Demographic funds” created to allocate capital towards these trends
  17. 17. Aging2.0 Overview •  Demographics •  Market Impact •  Healthy Aging in the US •  About Aging2.0 •  Selected Aging2.0 Innovators
  18. 18. Nine areas of opportunity representing $100bn Source: Recent AARP on healthy, active aging in USA
  19. 19. $20bn in additional cumulative revenue from 50+ healthy-aging market, 2013-18
  20. 20. Identified market failures •  Poor design and aesthetics - limits usability and demand •  Low awareness among mature consumers of many solutions •  Focus on most frail - which creates an unnecessary stigma •  High cost of direct-to-consumer solutions •  A fragmented approach – lacking comprehensive solutions •  Inability to share data via the Internet - limits the utility •  Prioritization of younger demographics by tech players •  Designs that fail to incorporate the role of caregivers More  at:  h6p://health50.org/report/  
  21. 21. Aging2.0 Overview •  Demographics •  Market Impact •  Healthy Aging in the US •  About Aging2.0 •  Selected Aging2.0 Innovators
  22. 22. Katy Fike PhD ! Stephen Johnston MBA! Introductions
  23. 23. 50+ Innovation Paradox …yet disproportionately little innovation Where are the start-ups? Where are the disruptive models? Where are the major brands? Where are the investments? Where are the big exits? 50+ year olds represent: of the US population 44% of disposable income 70% of total consumable goods sales 70% of heavy internet users 33% Unparalleled demographic shifts… Confidential. Do not share. 24  
  24. 24. We connect, educate and support innovators focused on the 50+ market with content, events and investments. Our values are innovation, collaboration and respect. Mission & Mindset 25  
  25. 25. Funding & Resources Consumer Insights Design & Marketing Distribution & Adoption Key barriers to innovation have been identified Confidential. Do not share. 26  
  26. 26. 27   Entrepreneurs Corporations Investors Technologists LTC Providers Academia Non-profits Seniors Gerontologists Government Designers
  27. 27. 28 USER Aging Services " 50+ Non-Profit Entrepreneurs Developers Designers Corporations Investors Engineers Academia Who’s Here Tonight? Gov’t Media Medical & LTC
  28. 28. A new approach
  29. 29. 21 EVENTS 100+ SPEAKERS N E T W O R K G L O B A L T O U R 2000+ NEWSLETTER SUBSCRIBERS 9 CITIES 3 COUNTRIES 100+ BLOG POSTS 50k WEBSITE HITS 75+ VIDEOS 16 NEWSLETTERS 10 COUNTRIES In just over a year, Aging2.0 has become the leading platform for innovation in the aging market and a network that has grown to more than 2000 members in 10 countries around the world. C O N T E N T 800+ TWITTER FOLLOWERS 30  
  30. 30. Confidential. Do not share. 31  
  31. 31. We have spent the past 18 months meeting the most promising startups in the aging space 32  
  32. 32. Connected Independence Empowered Care Empowered Care Ageless Style Lifelong Wellness Four primary opportunity areas have emerged Confidential. Do not share. 33  
  33. 33. Global Tour / Network Connecting stakeholders – across silos and globally. Challenges / Hackathons Focus entrepreneurs on most critical issues (pull vs push) Accelerator Structured support through mentorship, pilots and capital introductions. Initiatives for 2013
  34. 34. Aging2.0 GENerator Accelerator - expert mentors and partners. Coming soon! Long Term Care Investors Distributors Non-profits Designers & Researchers 35  
  35. 35. 36 Recent and Upcoming Events May 23 Aging2.0 | San Francisco @ IDEO June 5 Aging2.0 | New York @ Brookdale July 11 Aging2.0 | Berlin @ Google July 16 Aging2.0 | London @ NESTA Aug 10 Aging2.0 | Palo Alto @ Successful Aging Sept 5 Aging2.0 | Palo Alto @ Stanford Sept 17 Aging2.0 | Boston @ Redstar Ventures
  36. 36. Who’s here? •  Name •  Organization (or target organization) •  3 key words (MAX) 10  seconds  –  GO!  
  37. 37. 20 MINUTE BREAK PLEASE TWEET AT #AGING2 @AGINGTOO
  38. 38. This is you!
  39. 39. Presentations •  Company Pitches (5 mins) –  GoDerma –  Vescape •  Thought Leader Presentation (5 mins) –  Margaret Heckel: Author: “Midlife-Boomers” –  Jesus del Valle Rosales, Bayer –  Telcenter Europe •  Announcements (1 min) –  Mozilla www.webfwd.org (Joseph Somogyi) –  World Usability Day - Designing for Health –  Berlin Summer University – Aging in Place Workshop
  40. 40. After drinks – NOW!! • Staendige Vetretung @ Schiffbauerdamm

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