IoT for the golden age
Remote monitoring of elderly wellbeing while cutting healthcare costs: sensors, wearable, mobile & cloud – early detection & intervention
What is your market size?
Children and professional care givers of 0.5B of elderly isolated at their homes
Chronic Disease constitutes roughly 75% of all health care spending, mostly common in elderly
Most call centers offering services to elderly still using a panic/alarm bottom as best practice.
USA: Less than 20% of elderly connected to call-centers, suffering from chronic & mental diseases, lonly at home
Approximately 18% of patients readmitted within 30 days of their hospital discharge (New England Healthcare Institute).
Who are you customers?
It is an aging world, 0.5B of elderly 65+ today, growing to 1.5B by 2030 and need remote monitoring when age in place
Customers for the automatic alert system are the children of the elderly living independently, national social health care, insurance companies and call centers
Caregivers monitors threw health call-centers: HMO, physician clinics, Tele-Medicine and third party service providers.
Clinics for chronic diseases (Diabetes, CVD, COPD, Asthma) mental illness (MCI/Alzheimer, Depression)
Recovering after a hospital or facility stay- remain safely at home and avoid unnecessary hospitalization
What kind of sensors does IoT for the golden age use?
In the smart sensor device: PIR and acoustic array. All smart devices are wireless connected
In the elderly mobile: Microphone-for sleep analysis, speaker and camera (optional)
Optional use of a health watch/band: for vital signs (temperature, heartbeat, saturation) and activity (Accelerometer, Gyro).
- While using the band we can offer a fall detection system and activity control both in and outdoor.
What is the middleware or IoT platform?
Our Android solution for each smart sensor have capabilities of process, storage, communication and power (always on).
Enabler open platform to connect wearable or device to the cloud, regardless the mobile BT limited distance of 10 meter
Android base WSN is open source middleware and platform for App developers, third party service providers.
Hybrid communication between all devices (Wi-Fi, BT, BTLE)- one holistic solution / one cloud gateway (WI-FI or GSM)
How to keep advantage over the years?
The data we collect and analyses have value for: researchers, medicine companies, government, and insurance
Collaborate with third party service providers that would like to make use of our android smart sensor platform (PaaS)
Selling different user license to caregivers: Children, Call-Centers, Tele-medicine, e-Medicine, service providers (SaaS)
Open Android/IoS platform for sensors and wearable developers, connecting them to the cloud
Who are your competitors? What is your USP over them?
Fall detection system providers, like Philips LifeLine and its call center
Samsung with Mybitat venture, developing a smart home and remote health care solution
Open Garden with FireChat competing the SWFD mesh WSN of us
Ambient Assisted Living projects in Europe (or USA)
KEY WORDS: healthcare IT, sensors monitoring, elderly wellbeing, caregivers, age in place, MaaS (Mobile as a Service), IoT (Internet of things), WSN (wireless mesh sensor network), SaaS (Sensor as a Service)