CYBERJAYA (January 4, 2018) – Last year, MTSFB issued a call for proposal regarding Grant for the Internet of Things Session 01/2017. There are about 59 applicants and finally, 4 organizations have been chosen as the recipients. FAVORIOT was invited for the Letter of Award (loA) Signing at MCMC on Jan. 4, 2018 witnessed by MCMC and MTSFB.
The health sector has always been one of the biggest challenges for anyone and any country; economically and efficient services. Most of the time, the issues are continuous monitoring of one’s health to avoid untoward incidents. Our aging parents are the high-risk group of people as they are more susceptible to injury due to fall and sick due to their lower immunization system. In some cases, some elderly people need to be constantly monitored with their movement if they have dementia. There are many other issues related to the elderly people and these are supported by the studies and reports from all around the world.
Favoriot is currently developing an IoT ecosystem for elderly care consisting of wearable and other connected health devices, platform, application, and analytics. The solution helps in relaying crucial information to their next of kin. The information will also be used to provide a prediction of their health so that precautionary measures can be taken. This not only reduces people worry and anxiety but also reduces the overall healthcare cost.
The solution is for the elderly people but it can be extended to other groups that require the solution. Users or people that will be using the system would be as follows:
- Family members
- Hospitals and Clinics
- Nursing home
- Health professionals
- Government agencies for health
Favoriot is open to technology partners to enhance the platform and also seeking business partners to market the solution worldwide. Email: email@example.com