KORE's comprehensive suite of IoT solutions and services
simplify the complexities involved in providing an "aging in place"
Connected Health solution that improves the quality of life for
seniors
ATLANTA, Nov. 29,
2022 /PRNewswire/ -- KORE (NYSE: KORE), a
global leader in Internet of Things (IoT) solutions and worldwide
IoT Connectivity-as-a-Service (CaaS), announces its collaboration
with Care Daily, a technology-based, in-home senior care company
driven by artificial intelligence (AI) and IoT.
The senior population in the United
States is anticipated to grow to 95 million by 2060,
accounting for 23 percent of the nation's population. With the
significant growth in the senior demographic comes an
aging-in-place movement. An AARP study reported that 77
percent of aging adults surveyed desire to stay in their home
versus aging in a facility.
Care Daily is a Software as a Service (SaaS) company based in
Silicon Valley with an award-winning AI-assistant IoT platform
aimed at helping seniors age in place safely and autonomously while
also providing communication with healthcare providers and family.
The core of the solution is the AI platform that is fully
customizable and generates comprehensive analytics derived from
data collected through ambient sensors and devices placed in the
home communicated through scalable wireless connectivity, which is
where KORE provides its services.
"KORE is excited to provide IoT connectivity and managed
services for this revolutionary Connected Health venture," KORE
President and CEO Romil Bahl said.
"IoT is driving innovation in healthcare and beyond to help tackle
significant global issues. The aging-in-place movement is a great
opportunity to build technology solutions that empower people with
the autonomy and safety they desire. A terrific example of
IoT-for-Good."
"AI Caregivers work 24/7 and never sleep. Care Daily is on a
mission to impact the lives of family and professional caregivers
through personalized AI Caregiving experiences, and I'm proud to
collaborate with KORE on operationalizing and scaling these proven
solutions that help provide care for today's exploding population
of seniors." David Moss, CEO and co-founder of Care Daily,
said.
Care Daily recently partnered with Quil – the joint venture
between Independence Health Group and Comcast – which is a digital
health company aimed at providing health and wellness. Serving such
a large client required rapid scalability in both device
procurement and logistics, as well as wireless connectivity.
"KORE stepped in at a time when we required a connectivity
solution that could scale with our customers globally," said
Chris Ebert, Care Daily SVP and
General Manager, Americas and EMEA. "And uniquely, what KORE
brought to us beyond connectivity and expertise is the ability to
serve, via their managed services division, the hardware needs of
our partners."
KORE provides cellular and other IoT connectivity services to
power solutions across the globe and offer up a comprehensive 'one
stop shop' for IoT managed services to ease the complexity of
deployment and make IoT work.
In the case of Care Daily, the devices and sensors communicate
with the AI platform, which monitors the end user's daily behavior
to learn patterns over time and to detect and alert on deviations.
KORE's IoT managed services ensure that device and hardware needs
are met seamlessly through procurement, configuring, kitting,
shipping, and reverse logistics.
Care Daily has worked closely with the National Institute on
Aging (NIA) and the University of
California, Berkley to scientifically validate the platform
in reducing anxiety and improving sleep for the caregivers of those
with early onset dementia. Care Daily's SaaS solution is the only
AI solution scientifically validated to reduce anxiety and improve
sleep quality for dementia caregivers.
"As we evolve into more robust medical devices, we will have the
expertise through KORE to provide those to our customers and
support our scale as we grow," Moss said.
About KORE
KORE is a pioneer, leader, and trusted advisor delivering
mission critical IoT solutions and services. We empower
organizations of all sizes to improve operational and business
results by simplifying the complexity of IoT. Our deep IoT
knowledge and experience, global reach, purpose-built solutions,
and deployment agility accelerate and materially impact our
customers' business outcomes. For more information, visit
www.korewireless.com.
About Care Daily
Care Daily is a Silicon Valley software company with the
first scientifically validated at-home AI Caregiver service. Our
patented technology detects falls in real-time, uncovers hidden
health problems, and brings families and professional caregivers
together provide care more efficiently across today's exploding
population of seniors. Service providers choose us because
we're the only company providing an app store for physical
spaces. That means partners can achieve massive differentiation by
inventing, deploying, and managing their own unique AI services for
subscribers.
For more information, visit www.caredaily.ai.
KORE Media Contact:
Alisa Moloney
KORE
Email: amoloney@korewireless.com
KORE Investor Contact:
Charley Brady
KORE
Email: Investors@korewireless.com
Care Daily Contact:
Vishal
Dubey
Care Daily
Email: vishal@caredaily.ai
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SOURCE KORE Wireless