Iveda® Launches IvedaCare, an AI-driven Assistant for Safety, Security, and Elderly Care
November 22 2022 - 09:00AM
Business Wire
New cloud-based, wireless sensor technology
provides unmatched peace of mind for caregivers
Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI
technology, today announced the launch of IvedaCare, an
AI-assistant that enables users to effectively care for the people,
places, and things that matter most. IvedaCare is the first
scientifically validated at-home AI Caregiver service. The patented
AI-driven, predictive software learns users’ lifestyle preferences
in order to make informed decisions around health and security,
effectively reducing false alarms and providing unparalleled peace
of mind to caregivers using the technology.
According to the U.S. Census Bureau, more than 56 million adults
ages 65 and older live in the United States, accounting for about
16.9% of the nation's population. As more individuals strive to
successfully age in place––defined as living in one's own home
safely, independently, and comfortably, regardless of age––the
burden placed on caregivers can be immense. IvedaCare’s
sophisticated AI technology provides caretakers with bot-enabled
ambient fall detection, medication adherence monitoring, Real-Time
Location monitoring capabilities, and more––all accessible through
a mobile app with real-time health condition updates and
alerts.
“While it’s not possible for anyone to be everywhere at all
times, that’s exactly what being a caregiver often requires––and a
reality that IvedaCare’s technology gets us one step closer to,”
said David Ly, Iveda Founder and CEO. “As an organization
continuously innovating on AI and Smart City technology, Iveda is
pleased to share these capabilities with a broader audience, and in
a way that truly adds value to users’ immediate daily lives.
IvedaCare combines the power of IoT sensors and AI to provide
comfort and peace of mind to a major demographic in need.”
The easy-to-use, cloud-based wireless sensors collect real-time
data designed for homes, medical facilities, and even
neighborhoods, giving users access to manage via IvedaCare’s
AI-driven, decision-making software. Users are instantly notified
through the user-friendly IvedaCare app when adverse situations
occur, putting intelligent caregiving in the palm of your hand. The
app also brings families and professional caregivers together in
real-time, providing more efficient care across today’s exploding
population of seniors.
“While other providers in the space may provide bits and pieces
cobbled together to resemble a solution to the caregivers’ problem,
we understand it’s not a one-size-fits-all category,” continued Ly.
“IvedaCare is taking a completely customizable approach to
aging-in-place technology, equipping homes, hospitals, and
communities with the capabilities they each uniquely need for truly
smart elder care.”
While the safety of loved ones is a primary use case of the new
technology, IvedaCare’s sensor options provide additional
protection for users’ homes and belongings, including:
- A security system that learns: Perimeter and in-home
security sensors with false alarm learning and elimination,
lighting that learns, predictive maintenance for administrators,
and 24/7 professional monitoring keep homes––and those inside
them––safe.
- Smart water + energy monitoring: Bot-driven negotiations
save energy and maximize comfort by learning user comfort
preferences; Bot-enabled gamification doles out points and rewards,
encouraging users to reduce their environmental footprint and
energy expenditures.
Customizable IvedaCare white labeling options are available to
relevant institutions (E.g., hospitals, senior care solutions
providers and communities, etc.). IvedaCare’s AI and IoT Platform
never locks users into using a single product, manufacturer, or a
point solution; device manufacturers use Iveda’s HIPAA-compliant
platform to cloud-enable products with an intelligence they can
control, adding new features and capabilities to devices, as
needed, for a future-proof strategy. IvedaCare’s platform has
already captured over 4.8 trillion time-series data points from
devices to date. IvedaCare starter kits will cost approximately
$250 with the option to upgrade to Pro Monitoring for around a
dollar a day.
For more about IvedaCare, visit [www.ivedacare.com].
About Iveda®
Iveda® (Nasdaq:IVDA) specializes in IoT platforms that offer
service providers a turn-key cloud video surveillance system, smart
sensors and intelligent video search technology. Iveda utilizes
proprietary cloud platforms, big data storage and deep-learning
algorithms. Iveda received SAFETY Act protections from the U.S.
Department of Homeland Security under the Developmental Testing and
Evaluation (DT&E) Designation for promising anti-terrorism
technologies. Headquartered in Mesa, Arizona, with a subsidiary in
Taiwan, Iveda is publicly traded under the ticker symbol
“IVDA.”
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221122005124/en/
Olivia Civiletto Erwin olivia@dottedlinecomm.com
617.477.9857
Iveda Solutions (NASDAQ:IVDA)
Historical Stock Chart
From Feb 2024 to Mar 2024
Iveda Solutions (NASDAQ:IVDA)
Historical Stock Chart
From Mar 2023 to Mar 2024