Samsung and AGT Group-owned Mybitat are teaming-up to develop smart home solutions aimed at helping the elderly remain in their own homes longer and enhancing individual quality of life.
Focused on “Internet of Things” (IoT) technologies, Mybitat will work with Samsung’s Silicon Valley-based Strategy and Innovation Center (SSIC) to create technology that combines advanced sensors, cloud-based software and behavior analytics to monitor an individual’s daily routine and wellness. The goal is to allow elderly individuals greater flexibility in determining their living environment.
The companies plan to deliver solutions aimed at transforming a home habitat and tailoring it for aging baby boomers or their independent parents. Additional detail on the technology is not being made public at this time.
More than 10,000 baby boomers retire every day in the U.S. and as many as 90% of them wish to remain at home.“We believe current systems for managing aging require significant improvement,” said Mati Kochavi, Mybitat founder. “We want to redefine these systems and offer affordable options that open up new possibilities for aging individuals.”
More than 10,000 baby boomers retire every day in the U.S. and as many as 90% of them wish to remain at home. The two companies will initially test their smart home solution in the U.S. market.