Perlis ElderCare

Project "Perlis ElderCare" data sheet

The following table provides information about the project.

 Partnership

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Map

 Project objective

Perlis ElderCare is an AI powered Ambient Assisted Living (AAL) system that will monitor the Activities of Daily Living (ADL) of the elderly to identify development of Frail Elderly Situations. Our system serves as a very-early warning to physicians (and other professional caregivers) and it provides continuous 24/7 active medical supervision at the homes of the independent elderly. The elderly population is growing rapidly as is their percentage of the population, between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%.

Our system is a hardware-independent software, based on Robotic technology solutions, making use of existing caregiver expertise to provide personalised proactive elder care and early intervention to prevent accidents and injuries and other consequences of Frail Elderly Situations. Out Total Available Market is $1,080B, Serviceable Available Market is €117.6B and the Serviceable Obtainable Market is approximately €48B. Our customers will be Health Service Providers, Long-term Care (LTC) Facilities, Nursing Homes, and the families of the elderly for home use. Between the U.K., Germany, France, Italy and Spain, there are 57,320 LTC facilities, with over 3.5m patients. There are over 900m people over 60 world-wide. Direct sales of a subscription based service will begin in Israel and then expand to the U.K., Germany, France, Italy and Spain, then ROW. The potential to licence the software to manufacturers of medical sensors will also be investigated.

Perlis was founded in 2010 with the vision to lead people into the ages of 100 and beyond, while remaining in the comfort of their home, safe, independent and happy. Our team has a wealth of experience from long careers in Academia and business.