Emerging Technology Trends
- 1. a snapshot:EmergingTechnology TrendsPresentedby: Matt CarterChair, Industry Outreach CouncilHigh Point Furniture ShowMonday, April 19, 2010
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- 5. CEDIA OUTREACH“Partners insolutions”
- 6. learning objectivesIdentify thecurrent market paradigm
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- 8. Discuss the nearfuture consumer adoption
- 9. Provide scenarios forclients
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- 13. Top technology trendsToptechnology toolsIntegration
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- 19. Interconnectivityin every environmentPhotocourtesy of encore
- 20. Imagination theundeniable power of visionPhoto – insert photo here (Theo theater?) Imaginationit should be a journey
- 21. Transparency seenwhen it countsPhoto courtesy of Ambleside Logic
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- 23. Entertainment trendsPhoto courtesyof Pacific Audio & Communications
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- 25. Controlfrom A toZ it must be at your fingertipsCourtesy: OPENPEAKEntertainment snapshots
- 26. Spatial & Roomconsiderationsit is all about the planPhoto courtesy of The Erskine Group, LLCSound Isolation
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- 31. Energy managementit’s allcentered in taking control Solar, Wind, & Hydro generation
- 32. Lightingcontrol & Load shedding
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- 34. NetmeteringSustainability snapshots
- 35. Cradle to Cradletheimpact of choicePhotos courtesy of Edward BurtynskySustainability snapshots
- 36. Dashboardthe power ofdata/feedback on behaviorSustainability snapshots
Editor's Notes
- #3 Key messages: CEDIA is an international trade association and education provider.ESCs design, integrate, install, and service low-voltage electronic systems (ESCs are not electricians).The ROI program allows education and relationship-building at a grassroots level.Scripted speaker's notes:CEDIA is an international trade association of more than 3,500 member companies that specialize in designing and installing low-voltage electronic systems for the home.Not only is CEDIA a trade association providing benefits to its members, CEDIA also serves as an education provider to multiple design and build industry partner associations offering courses approved for continuing education credit.An Electronic Systems Contractor, or ESC, uses certified professionals to plan, design, install, program, and service low-voltage electronic systems. These technicians are not electricians as many people assume. They have undergone extensive training related to low-voltage systems and many times are certified to provide this type of work. Additionally, certification ensures that continuing education requirements are met.As a Registered Outreach Instructor, I am here today representing CEDIA and our industry, which allows CEDIA Members like me, to deliver this relevant, high-quality education to industry partners at a grassroots level.
- #7 After this course, participants will be able to:1. Identify the current market paradigm.2. Share emergent trends.3. Discuss the near future consumer adoption.4. Provide scenarios to clients.
- #8 Key messages: Current market.Modern lifestyleConsumer awareness:iPhoneSmart carsKindleFuture is here.Scripted speaker's notes:
- #9 Key messages:Adoption rates for new technology are at record speeds today.To reach 50 million people, it took:Radio, 38 yearsTV, 13 yearsInternet, 4 yearsiPod, 3 yearsFacebook, 2 yearsInstructor notes: 1840's indoor plumbing was once considered a luxury1870's new "high-end homes" were equipped with indoor plumbing1900's almost all new construction contains indoor plumbing"Indoor Bathrooms" (http://www.phouka.com/oldhouse/ren_bath.html)In the mid-1980's personal computers were beginning to infiltrate the marketplace. Throughout the next 10-15 years, personal computers became increasingly popular and more affordable as technology advanced and pricing dropped.In November of 1991, Apple launched the iPod; as of April 2007 they had sold 100 million."100 Million iPods Sold" (http://www.apple.com/pr/library/2007/04/09ipod.html)
- #10 Key messages: Technology Adoption curveTechnology is adopted at a faster rate.It's only going to keep getting faster.Scripted speaker's notes:Today we couldn't imagine building or living in a home without a telephone, a doorbell, an automatic garage door opener, cable or satellite television, or internet access. These technologies have become part of our everyday lives. The rates of adoption of these and other amenities throughout history have only increased as each invention is brought to market.According to research estimates, the amount of new technology information is doubling every two years.1876 the first telephone was inventedWithin 50 years, the telephone was an "indispensible tool" in most households"Imagining the Internet" (http://www.elon.edu/e-web/predictions/150/1870.xhtml)In 1936 there are about 2,000 television sets in use around the worldIn 1962, a survey indicates that 90% of American households have television sets; 13% have more than one."Civilization" (http://www.civilization.ca/hist/tv/tv02eng.html)In 1984 there were about 92,000 cell phones in use in the U.S.; as of 2005 there were 114 million."For Many, Their Cell Phone Has Become Their Only Phone" (http://www.usatoday.com/tech/news/2003-03-24-cell-phones_x.htm)"Worldwide mobile telephone subscriptions reached 3.3 billion -- equivalent to half the global population -- 26 years after the first cellular network was launched, research firm Informa said.""Global cell phone use at 50 percent" (http://www.reuters.com/article/technologyNews/idUSL2917209520071129)In less than a decade, broadband has gone from a luxury to a must for many people, and for some of them, it's started to influence their real estate decisions.55% of Americans have broadband at home." "Some predict by 2010, that 65% of homes will have access to broadband."Home buyers may be swayed by slow Internet connection" (http://www.boston.com/business/technology/articles/2008/11/06/home_buyers_may_be_swayed_by_slow_internet_connection/)"Broadband to reach 50% of U.S. Homes" (http://www.bizreport.com/2006/12/broadband_to_reach_50_of_us_homes.html)
- #12 Entertainment – Theo Movies - Interconnectivity Gaming - Interactivity The visual world - InterconnectivitySustainability - David Aging in Place – KariProductivity - Foundations that make these things work:Imagination – AllIntegration - AllInterconnectivity - AllInterconnectivityProductivityTransparencyUniversalityEntertainmentInteractivityAccessibilityImagination
- #14 Key messages:What is an integrated system?Integration exists all around us, even in our everyday objects.Scripted speaker's notes:An integrated system entails two or more separate systems operating individually, yet able to operate as a collaborative unit by passing data back and forth, thus triggering a programmed operation.This technology and system interface already exist in today’s world…your world. Technology makes our lives more simple--coffee makers, HVAC units, dishwashers, etc. that can be programmed to run, at a certain level or perform a certain function, even when we're asleep or when we're not home.
- #15 Key messages are:Being connected is integral to the way we live:Cell phoneInternetWireless technologyGPS technologyToday's world moves fast, and technology helps us survive and thrive in today's fast-paced climate.Look at how we are currently connected...it's only becoming more encompassing. Today, we have connection with the outside world in a variety of ways:TelephoneCell phoneCable/ satellite televisionHome internetMobile internetGPS technology These technologies are on and accessible ALL THE TIME. Can you imagine going without power or internet for two weeks? Can you imagine sitting down to watch a movie on Friday night and your satellite or cable service doesn't work? Kids today stand in front of the microwave and say "Come on, I don't have all minute!" Technology that makes life more enjoyable and more convenient exist all around us.We can take our downloaded music with us in our vehicles and we can email vacation pictures to a friend's cell phone in real-time. We can check email on a park bench...and on the beach.We are interconnected with the outside world and with each other.
- #17 Key messages: Entertainment.Spaces include: Home theatersMedia roomsGaming roomsDecline in movie sales.Upswing of video rentals (Netflix, Blockbuster online, McDonalds).Increase in ticket cost.Scripted speaker's notes:Home entertainment, consisting of home theaters , media, and gaming rooms has continued to increase in popularity. In just 10 years time, the number of movie releases and the total dollars of gross sales has risen exponentially. In 1996, there were 310 movies released with a combined gross of $5.7 billion. In 2006 there were 809 movies released with a combined gross of $9.2 billion. As of December 2008 the number of releases had climbed to 1,065, but gross sales fell from $9.6 billion in 2007 to $8.0 billion."The Numbers" (http://www.the-numbers.com/movies/index.php#YearIndex)What caused the decrease in gross sales from 2007 to 2008? Increased DVD rentals, with a surge in on-line rentals. Companies such as Netflix and Blockbuster Online have revolutionized the movie rental business. Additionally, what took several months for a movie to be released on video, now takes about 90 days.In 1996 the national average ticket price for admission was $4.42, and in 2006 it had risen to $6.55. Increases in box-office prices have helped fuel the DVD rental business.Key messages:Early days of ESC-everything was a "custom fit".Today there are hundreds of products and solutions.Scripted speaker's notes:In the early days of home electronics, there were no custom products. Many Electronic Systems Contractors talk of taking existing products and "customizing" them to fit their clients' needs. Today, however, there are hundreds of products and solutions that work together to create the home space your clients' want. Clients are able to chose such items as flat panel televisions, motorized products, etc., and an experienced , trained, and certified contractor will be able to take advantage of his or her education and come up with the best solution possible to fit the clients' needs.Just as we "live" in all areas of our home, we want those areas to be multi-functional. My spouse thinks it "unsightly" to have a television in the sitting room..problem solved--hide the television in the furniture!
- #19 Key messages: Entertainment takeaways.Initial cost vs. long-term savings.Recreation of the theatrical experience.Ability to store large amounts of media at home.Scripted speaker's notes:With the increased cost of movie tickets, the increased availability of movie rentals, video on demand, and digital video recorder (DVR) options, and the increase in sheer numbers of movie choices, more and more consumers are willing to spend the money to build a home theater or media room, which becomes a cost-effective choice in most cases.
- #20 Key messages: Gaming.Gaming tops box-office draws consistently from year to year:2001: Video game sales exceed box office draws by $1 billion.2004: video game business earns $11 billion annually.Average age of gamers is 33 years (in 2008).Scripted speaker's notes:Interactivity, a term used to describe human interface with multimedia or gaming, is fast becoming a "standard" in American households today.As evidence of this, within the past few years the gaming industry has grown to the point that it consistently out-earns the movie industry year after year.While many people think of gamers as only kids or teenagers, there is quite a bit of evidence to support just the opposite.In 2004, the average age of game buyers was 36 and players was 29, males making up 59% of the playing audience.[Source: "Survey: Video gamers getting older, heading online" (http://www.usatoday.com/tech/news/2004-05-12-gamer-demographics_x.htm)]In 2006, the average gamer was said to be 33 years old with 44% of gamers aged 18-49. 25% were 50 years or older.[Source: "ESA Stats: Average U.S. Gamer 33 Years Old" (http://www.gamasutra.com/php-bin/news_index.php?story=9342)]In a New York Times article dated September 5, 2008, it was reported that the average age of gamers was 33 years of age, consistent with a few years ago.[Source: "Creative Ferment in Worlds That Never Were" (http://www.nytimes.com/2008/09/07/arts/television/07schi.html?ref=arts)]Video game sales exceeded the movie industry's annual box office draw in 2001 by $1 billion. [Source: "Video game college is 'boot camp' for designers" (http://www.usatoday.com/money/media/2002-12-03-video_x.htm)]In May 2004, reports indicate that the video game business tipped the scale at $11 billion annually; topping movie box-office sales once again.[Source: "Video Games, Hollywood Converge" (http://www.cbsnews.com/stories/2004/05/17/entertainment/main617895.shtml)]
- #21 Key messages: Gaming.Gaming tops box-office draws consistently from year to year:2001: Video game sales exceed box office draws by $1 billion.2004: video game business earns $11 billion annually.Average age of gamers is 33 years (in 2008).Scripted speaker's notes:Interactivity, a term used to describe human interface with multimedia or gaming, is fast becoming a "standard" in American households today.As evidence of this, within the past few years the gaming industry has grown to the point that it consistently out-earns the movie industry year after year.While many people think of gamers as only kids or teenagers, there is quite a bit of evidence to support just the opposite.In 2004, the average age of game buyers was 36 and players was 29, males making up 59% of the playing audience.[Source: "Survey: Video gamers getting older, heading online" (http://www.usatoday.com/tech/news/2004-05-12-gamer-demographics_x.htm)]In 2006, the average gamer was said to be 33 years old with 44% of gamers aged 18-49. 25% were 50 years or older.[Source: "ESA Stats: Average U.S. Gamer 33 Years Old" (http://www.gamasutra.com/php-bin/news_index.php?story=9342)]In a New York Times article dated September 5, 2008, it was reported that the average age of gamers was 33 years of age, consistent with a few years ago.[Source: "Creative Ferment in Worlds That Never Were" (http://www.nytimes.com/2008/09/07/arts/television/07schi.html?ref=arts)]Video game sales exceeded the movie industry's annual box office draw in 2001 by $1 billion. [Source: "Video game college is 'boot camp' for designers" (http://www.usatoday.com/money/media/2002-12-03-video_x.htm)]In May 2004, reports indicate that the video game business tipped the scale at $11 billion annually; topping movie box-office sales once again.[Source: "Video Games, Hollywood Converge" (http://www.cbsnews.com/stories/2004/05/17/entertainment/main617895.shtml)]
- #24 Key messages: Productivity/ Interconnectivity takeaways.Baby boomers aged 50 and over will represent 45% of the population by 2015.Baby boomers retiring will result in a reduced workforce.Economy swings.Scripted speaker's notes:By the year 2015, those aged 50 and over will represent 45% of the U.S. population. That might not seem like an impressive figure, but 78 million of those aged 50 or over controlled 67% of the country's wealth (as of 2001). Additionally, by 2010, the total spending for 50+ households will increase by over $900 billion. Currently this group has a $2.3 trillion in disposable income.Here's the kicker--50% of baby boomers plan to buy a new home after retirement, AND, as of January 2007, they are 27% more likely than any other generation to embark on a major home improvement or repair in the next 6 months [Source: "50 + Facts and Fiction" (http://www.immersionactive.com/lower.cfm?section=resources&page=facts_fiction)]Baby boomer internet statistics:As one-third of the 195.3 million internet users in the U.S., adults aged 50+ represent the web's largest constituency.[Source: Jupiter Research]2/3 of Americans age 50-64 use the internet. [Source: SeniorNet]Email is the most popular online activity among 50+ users, followed by web browsing, research, and shopping.[Source: ThirdAge and JWT Boom]72 percent of baby boomers have broadband internet in their homes.[Source:ThirdAge and JWT Boom) ]With baby boomers retiring, there will be a shortage of workers to fill those roles. Employers will be forced to become more flexible in allowing workers to work on "their terms", such as teleworking for a portion (or all) of their work week.Additionally, with the economy's downhill turn in the last several months, businesses are becoming creative and offering alternatives, such as cutting back on expenses, either business travel or upkeep of satellite offices. Some of these alternatives may include teleworking, cutting back or eliminating business travel and installing video conferencing equipment, or equipping home offices for sales staff vs. equipping multiple regional locations.
- #25 Key messages: Productivity/ Interconnectivity takeaways.Baby boomers aged 50 and over will represent 45% of the population by 2015.Baby boomers retiring will result in a reduced workforce.Economy swings.Scripted speaker's notes:By the year 2015, those aged 50 and over will represent 45% of the U.S. population. That might not seem like an impressive figure, but 78 million of those aged 50 or over controlled 67% of the country's wealth (as of 2001). Additionally, by 2010, the total spending for 50+ households will increase by over $900 billion. Currently this group has a $2.3 trillion in disposable income.Here's the kicker--50% of baby boomers plan to buy a new home after retirement, AND, as of January 2007, they are 27% more likely than any other generation to embark on a major home improvement or repair in the next 6 months [Source: "50 + Facts and Fiction" (http://www.immersionactive.com/lower.cfm?section=resources&page=facts_fiction)]Baby boomer internet statistics:As one-third of the 195.3 million internet users in the U.S., adults aged 50+ represent the web's largest constituency.[Source: Jupiter Research]2/3 of Americans age 50-64 use the internet. [Source: SeniorNet]Email is the most popular online activity among 50+ users, followed by web browsing, research, and shopping.[Source: ThirdAge and JWT Boom]72 percent of baby boomers have broadband internet in their homes.[Source:ThirdAge and JWT Boom) ]With baby boomers retiring, there will be a shortage of workers to fill those roles. Employers will be forced to become more flexible in allowing workers to work on "their terms", such as teleworking for a portion (or all) of their work week.Additionally, with the economy's downhill turn in the last several months, businesses are becoming creative and offering alternatives, such as cutting back on expenses, either business travel or upkeep of satellite offices. Some of these alternatives may include teleworking, cutting back or eliminating business travel and installing video conferencing equipment, or equipping home offices for sales staff vs. equipping multiple regional locations.
- #26 Key messages: Productivity/ Interconnectivity takeaways.Baby boomers aged 50 and over will represent 45% of the population by 2015.Baby boomers retiring will result in a reduced workforce.Economy swings.Scripted speaker's notes:By the year 2015, those aged 50 and over will represent 45% of the U.S. population. That might not seem like an impressive figure, but 78 million of those aged 50 or over controlled 67% of the country's wealth (as of 2001). Additionally, by 2010, the total spending for 50+ households will increase by over $900 billion. Currently this group has a $2.3 trillion in disposable income.Here's the kicker--50% of baby boomers plan to buy a new home after retirement, AND, as of January 2007, they are 27% more likely than any other generation to embark on a major home improvement or repair in the next 6 months [Source: "50 + Facts and Fiction" (http://www.immersionactive.com/lower.cfm?section=resources&page=facts_fiction)]Baby boomer internet statistics:As one-third of the 195.3 million internet users in the U.S., adults aged 50+ represent the web's largest constituency.[Source: Jupiter Research]2/3 of Americans age 50-64 use the internet. [Source: SeniorNet]Email is the most popular online activity among 50+ users, followed by web browsing, research, and shopping.[Source: ThirdAge and JWT Boom]72 percent of baby boomers have broadband internet in their homes.[Source:ThirdAge and JWT Boom) ]With baby boomers retiring, there will be a shortage of workers to fill those roles. Employers will be forced to become more flexible in allowing workers to work on "their terms", such as teleworking for a portion (or all) of their work week.Additionally, with the economy's downhill turn in the last several months, businesses are becoming creative and offering alternatives, such as cutting back on expenses, either business travel or upkeep of satellite offices. Some of these alternatives may include teleworking, cutting back or eliminating business travel and installing video conferencing equipment, or equipping home offices for sales staff vs. equipping multiple regional locations.
- #28 Key messages: Productivity/ Interconnectivity takeaways.Baby boomers aged 50 and over will represent 45% of the population by 2015.Baby boomers retiring will result in a reduced workforce.Economy swings.Scripted speaker's notes:By the year 2015, those aged 50 and over will represent 45% of the U.S. population. That might not seem like an impressive figure, but 78 million of those aged 50 or over controlled 67% of the country's wealth (as of 2001). Additionally, by 2010, the total spending for 50+ households will increase by over $900 billion. Currently this group has a $2.3 trillion in disposable income.Here's the kicker--50% of baby boomers plan to buy a new home after retirement, AND, as of January 2007, they are 27% more likely than any other generation to embark on a major home improvement or repair in the next 6 months [Source: "50 + Facts and Fiction" (http://www.immersionactive.com/lower.cfm?section=resources&page=facts_fiction)]Baby boomer internet statistics:As one-third of the 195.3 million internet users in the U.S., adults aged 50+ represent the web's largest constituency.[Source: Jupiter Research]2/3 of Americans age 50-64 use the internet. [Source: SeniorNet]Email is the most popular online activity among 50+ users, followed by web browsing, research, and shopping.[Source: ThirdAge and JWT Boom]72 percent of baby boomers have broadband internet in their homes.[Source:ThirdAge and JWT Boom) ]With baby boomers retiring, there will be a shortage of workers to fill those roles. Employers will be forced to become more flexible in allowing workers to work on "their terms", such as teleworking for a portion (or all) of their work week.Additionally, with the economy's downhill turn in the last several months, businesses are becoming creative and offering alternatives, such as cutting back on expenses, either business travel or upkeep of satellite offices. Some of these alternatives may include teleworking, cutting back or eliminating business travel and installing video conferencing equipment, or equipping home offices for sales staff vs. equipping multiple regional locations.
- #29 Key messages: Productivity/ Interconnectivity takeaways.Baby boomers aged 50 and over will represent 45% of the population by 2015.Baby boomers retiring will result in a reduced workforce.Economy swings.Scripted speaker's notes:By the year 2015, those aged 50 and over will represent 45% of the U.S. population. That might not seem like an impressive figure, but 78 million of those aged 50 or over controlled 67% of the country's wealth (as of 2001). Additionally, by 2010, the total spending for 50+ households will increase by over $900 billion. Currently this group has a $2.3 trillion in disposable income.Here's the kicker--50% of baby boomers plan to buy a new home after retirement, AND, as of January 2007, they are 27% more likely than any other generation to embark on a major home improvement or repair in the next 6 months [Source: "50 + Facts and Fiction" (http://www.immersionactive.com/lower.cfm?section=resources&page=facts_fiction)]Baby boomer internet statistics:As one-third of the 195.3 million internet users in the U.S., adults aged 50+ represent the web's largest constituency.[Source: Jupiter Research]2/3 of Americans age 50-64 use the internet. [Source: SeniorNet]Email is the most popular online activity among 50+ users, followed by web browsing, research, and shopping.[Source: ThirdAge and JWT Boom]72 percent of baby boomers have broadband internet in their homes.[Source:ThirdAge and JWT Boom) ]With baby boomers retiring, there will be a shortage of workers to fill those roles. Employers will be forced to become more flexible in allowing workers to work on "their terms", such as teleworking for a portion (or all) of their work week.Additionally, with the economy's downhill turn in the last several months, businesses are becoming creative and offering alternatives, such as cutting back on expenses, either business travel or upkeep of satellite offices. Some of these alternatives may include teleworking, cutting back or eliminating business travel and installing video conferencing equipment, or equipping home offices for sales staff vs. equipping multiple regional locations.
- #30 Key messages: Productivity/ Interconnectivity takeaways.Baby boomers aged 50 and over will represent 45% of the population by 2015.Baby boomers retiring will result in a reduced workforce.Economy swings.Scripted speaker's notes:By the year 2015, those aged 50 and over will represent 45% of the U.S. population. That might not seem like an impressive figure, but 78 million of those aged 50 or over controlled 67% of the country's wealth (as of 2001). Additionally, by 2010, the total spending for 50+ households will increase by over $900 billion. Currently this group has a $2.3 trillion in disposable income.Here's the kicker--50% of baby boomers plan to buy a new home after retirement, AND, as of January 2007, they are 27% more likely than any other generation to embark on a major home improvement or repair in the next 6 months [Source: "50 + Facts and Fiction" (http://www.immersionactive.com/lower.cfm?section=resources&page=facts_fiction)]Baby boomer internet statistics:As one-third of the 195.3 million internet users in the U.S., adults aged 50+ represent the web's largest constituency.[Source: Jupiter Research]2/3 of Americans age 50-64 use the internet. [Source: SeniorNet]Email is the most popular online activity among 50+ users, followed by web browsing, research, and shopping.[Source: ThirdAge and JWT Boom]72 percent of baby boomers have broadband internet in their homes.[Source:ThirdAge and JWT Boom) ]With baby boomers retiring, there will be a shortage of workers to fill those roles. Employers will be forced to become more flexible in allowing workers to work on "their terms", such as teleworking for a portion (or all) of their work week.Additionally, with the economy's downhill turn in the last several months, businesses are becoming creative and offering alternatives, such as cutting back on expenses, either business travel or upkeep of satellite offices. Some of these alternatives may include teleworking, cutting back or eliminating business travel and installing video conferencing equipment, or equipping home offices for sales staff vs. equipping multiple regional locations.
- #31 Key messages: Productivity/ Interconnectivity.Time-saving.Convenience.Maximize space.Work from home (Teleworker).Scripted speaker's notes:The days of working 8-5 and leaving work at the office no longer exist. Most folks check email on the weekends and vacations, some are accessible by cell phone virtually 24/7 and many take conference calls outside of "normal" working hours due to time zone differences.Just as there is no clear line between our work lives and our personal lives, there is no clear differentiation between our "office or work space" and our living space. Everything happens everywhere in the home. We watch TV in the kitchen, we send email from the bedroom, kids do their homework in their bedrooms...technology is everywhere in the home--simultaneously! Clients want convenience!A recent survey found that the kitchen serves as the nerve center of the house and that most homeowners requested freed up counter space or a kitchen-based office in order to work from home. Additionally, 43% of respondents want to watch television in the kitchen, and of those planning to remodel their kitchens, 51% planned on including televisions . What was once for the few, teleworking has become a viable option for many in their careers in recent years. There has been a rise in teleworkers globally, from 25.5 million to 100.13 million in just 10 years (1998-2008).[Source: "Teleworking: The Quiet Revolution" (http://www.gartner.com/DisplayDocument?doc_cd=122284)]
- #32 Key messages: Productivity/ Interconnectivity takeaways.Baby boomers aged 50 and over will represent 45% of the population by 2015.Baby boomers retiring will result in a reduced workforce.Economy swings.Scripted speaker's notes:By the year 2015, those aged 50 and over will represent 45% of the U.S. population. That might not seem like an impressive figure, but 78 million of those aged 50 or over controlled 67% of the country's wealth (as of 2001). Additionally, by 2010, the total spending for 50+ households will increase by over $900 billion. Currently this group has a $2.3 trillion in disposable income.Here's the kicker--50% of baby boomers plan to buy a new home after retirement, AND, as of January 2007, they are 27% more likely than any other generation to embark on a major home improvement or repair in the next 6 months [Source: "50 + Facts and Fiction" (http://www.immersionactive.com/lower.cfm?section=resources&page=facts_fiction)]Baby boomer internet statistics:As one-third of the 195.3 million internet users in the U.S., adults aged 50+ represent the web's largest constituency.[Source: Jupiter Research]2/3 of Americans age 50-64 use the internet. [Source: SeniorNet]Email is the most popular online activity among 50+ users, followed by web browsing, research, and shopping.[Source: ThirdAge and JWT Boom]72 percent of baby boomers have broadband internet in their homes.[Source:ThirdAge and JWT Boom) ]With baby boomers retiring, there will be a shortage of workers to fill those roles. Employers will be forced to become more flexible in allowing workers to work on "their terms", such as teleworking for a portion (or all) of their work week.Additionally, with the economy's downhill turn in the last several months, businesses are becoming creative and offering alternatives, such as cutting back on expenses, either business travel or upkeep of satellite offices. Some of these alternatives may include teleworking, cutting back or eliminating business travel and installing video conferencing equipment, or equipping home offices for sales staff vs. equipping multiple regional locations.
- #33 Key messages: Productivity/ Interconnectivity takeaways.Baby boomers aged 50 and over will represent 45% of the population by 2015.Baby boomers retiring will result in a reduced workforce.Economy swings.Scripted speaker's notes:By the year 2015, those aged 50 and over will represent 45% of the U.S. population. That might not seem like an impressive figure, but 78 million of those aged 50 or over controlled 67% of the country's wealth (as of 2001). Additionally, by 2010, the total spending for 50+ households will increase by over $900 billion. Currently this group has a $2.3 trillion in disposable income.Here's the kicker--50% of baby boomers plan to buy a new home after retirement, AND, as of January 2007, they are 27% more likely than any other generation to embark on a major home improvement or repair in the next 6 months [Source: "50 + Facts and Fiction" (http://www.immersionactive.com/lower.cfm?section=resources&page=facts_fiction)]Baby boomer internet statistics:As one-third of the 195.3 million internet users in the U.S., adults aged 50+ represent the web's largest constituency.[Source: Jupiter Research]2/3 of Americans age 50-64 use the internet. [Source: SeniorNet]Email is the most popular online activity among 50+ users, followed by web browsing, research, and shopping.[Source: ThirdAge and JWT Boom]72 percent of baby boomers have broadband internet in their homes.[Source:ThirdAge and JWT Boom) ]With baby boomers retiring, there will be a shortage of workers to fill those roles. Employers will be forced to become more flexible in allowing workers to work on "their terms", such as teleworking for a portion (or all) of their work week.Additionally, with the economy's downhill turn in the last several months, businesses are becoming creative and offering alternatives, such as cutting back on expenses, either business travel or upkeep of satellite offices. Some of these alternatives may include teleworking, cutting back or eliminating business travel and installing video conferencing equipment, or equipping home offices for sales staff vs. equipping multiple regional locations.
- #34 Key messages: Productivity/ Interconnectivity takeaways.Baby boomers aged 50 and over will represent 45% of the population by 2015.Baby boomers retiring will result in a reduced workforce.Economy swings.Scripted speaker's notes:By the year 2015, those aged 50 and over will represent 45% of the U.S. population. That might not seem like an impressive figure, but 78 million of those aged 50 or over controlled 67% of the country's wealth (as of 2001). Additionally, by 2010, the total spending for 50+ households will increase by over $900 billion. Currently this group has a $2.3 trillion in disposable income.Here's the kicker--50% of baby boomers plan to buy a new home after retirement, AND, as of January 2007, they are 27% more likely than any other generation to embark on a major home improvement or repair in the next 6 months [Source: "50 + Facts and Fiction" (http://www.immersionactive.com/lower.cfm?section=resources&page=facts_fiction)]Baby boomer internet statistics:As one-third of the 195.3 million internet users in the U.S., adults aged 50+ represent the web's largest constituency.[Source: Jupiter Research]2/3 of Americans age 50-64 use the internet. [Source: SeniorNet]Email is the most popular online activity among 50+ users, followed by web browsing, research, and shopping.[Source: ThirdAge and JWT Boom]72 percent of baby boomers have broadband internet in their homes.[Source:ThirdAge and JWT Boom) ]With baby boomers retiring, there will be a shortage of workers to fill those roles. Employers will be forced to become more flexible in allowing workers to work on "their terms", such as teleworking for a portion (or all) of their work week.Additionally, with the economy's downhill turn in the last several months, businesses are becoming creative and offering alternatives, such as cutting back on expenses, either business travel or upkeep of satellite offices. Some of these alternatives may include teleworking, cutting back or eliminating business travel and installing video conferencing equipment, or equipping home offices for sales staff vs. equipping multiple regional locations.
- #35 Entertainment – Theo Movies - Interconnectivity Gaming - Interactivity The visual world - InterconnectivitySustainability - David Aging in Place – KariProductivity - Foundations that make these things work:Imagination – AllIntegration - AllInterconnectivity - AllInterconnectivityProductivityTransparencyUniversalityEntertainmentInteractivityAccessibilityImagination
- #36 Key messages: You have an active voice in making your clients' homes more valuableAre you displaying these concepts?Are your sales teams trained to sell solutions?Are you leaving money on the table?Are you in contact with a technology professional?Are you interested in learning more?Scripted speaker's notes:The time to act is now...you have the opportunity to make your clients' homes and choices better. You have the resources to engage the client in these conversations of "what if".What if...a device existed that could virtually record an entire person's life...and that device were smaller than today's flash drive? What if...you could mount a display screen anywhere there is a flat surface, simply by unrolling and organic LED?The future is full of possibilities and you will have a competitive edge by partnering with the right professionals.Partnering with a professional Electronic Systems Contractor makes all the difference.
- #37 Thank you for your attention. I will be happy to answer any questions you might have at this time.