Iveda® and Care Daily Partner to Advance Aging-in-Place Technology
December 20 2022 - 9:00AM
Iveda®, the global solution for cloud-based AI video and sensor
technologies, today announced a strategic partnership with Care
Daily, provider of AI Caregiver software services, to co-innovate
and enhance the aging-in-place experience. The partnership unites
the capabilities of both companies to advance elderly care and
continue bringing new age-tech solutions to market.
The U.S. Census Bureau reports that adults ages
65 and older account for about 16.9% of the nation’s population,
and a recent AARP study reported that 77% of aging adults surveyed
desire to stay in their home versus aging in a facility setting. As
more individuals aim to safely age in place, a massive burden often
befalls those in caretaker positions. This issue is prompting the
need for more personalized, intuitive solutions in the elderly care
space that benefit not only seniors, but caregivers as well.
“This partnership with Care Daily represents
Iveda’s commitment to developing technology-led solutions for the
future of aging-in-place and healthcare overall,” said David Ly,
Iveda Founder and CEO. “At Iveda, we envision a future where
digital tools are increasingly accessible to make the lives of
seniors and caregivers easier, more efficient, and more enjoyable.
We’re prepared to play a role in delivering on this vision and are
eager for this collaboration with Care Daily to assist in our goal
of shaping the future of elderly care technology.”
In November, Iveda launched IvedaCare, the first
scientifically validated at-home AI Caregiver service from Care
Daily. Iveda’s cloud-based wireless sensors collect real-time data
while Care Daily’s AI platform generates comprehensive analytics
that allow IvedaCare to learn and adapt to user's preferences,
empowering caregivers to make informed and timely decisions
regarding health and security for unmatched peace of mind.
“IvedaCare is powered by the most deeply
individualized AI platform for homes and facilities, providing the
quality and flexibility needed to reduce caregiver burden, lower
healthcare costs, and improve health outcomes for today’s exploding
population of seniors,” said David Moss, CEO of Care Daily. “This
partnership aligns with our own mission to help seniors live life
on their own terms by empowering the caregivers that support
them.”
Iveda and Care Daily plan to continue working
together on innovations in the senior health-tech space – combining
their capabilities in technology development and research to ensure
the development of effective new aging-in-place
solutions.
About Iveda Solutions®
Iveda (NASDAQ:IVDA) is the provider of global
solutions for cloud-based, video AI search and surveillance
technologies that protects the people, places, and things that
matter the most. Iveda’s technology has the power to provide
instant intelligence to existing infrastructure, enabling cities
and organizations around the world to seamlessly enter the fifth
industrial revolution. Iveda operates at the forefront of digital
transformation of cities across the world, using IoT platforms with
smart sensors and devices developed to aid with use cases
surrounding public safety, security, elderly care, energy
efficiency, and environment preservation. Headquartered in Mesa,
Arizona, with a subsidiary in Taiwan, Iveda is publicly traded
under the ticker symbol “IVDA”.
About Care Daily
Care Daily is a Silicon Valley (Palo Alto, CA)
based company with a SaaS based AI platform that detects falls in
real-time, uncovers hidden health problems, and brings families and
professional caregivers together to provide care for seniors. Care
Daily’s white-labeled AI and IoT powered Caregiver solutions are
utilized by some of the largest brands to quickly deploy and
continually enhance personalized healthcare services for seniors in
homes and communities. To learn more, please visit,
www.caredaily.ai or connect with us on LinkedIn.
Media ContactOlivia Civiletto
Erwinolivia@dottedlinecomm.com 617.477.9857
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