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Iveda Enters Japan’s Lucrative Elderly Care Market with Monitoring Solutions
MESA, Ariz., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Iveda (OTC: IVDA), the worldwide provider of IvedaAI™ intelligent video search technology, Sentir® video
About this update from Iveda Solutions, Inc.
[{"type":"text","content":"MESA, Ariz., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Iveda (OTC: IVDA), the worldwide provider of IvedaAI™ intelligent video search technology, Sentir® video surveillance products, IvedaPinpoint™ and IvedaHome™ IoT (Internet of Things) platforms with smart devices, today announced that it received an initial purchase order for IvedaPinpoint wristwatches from B-Lab, a Japanese technology provider. The watch is an IoT (Internet of Things) device that will be used to monitor seniors living by themselves for an elderly care study in Japan. Iveda’s smart IoT sensors are a timely solution to the dire problem of elderly care, a growing global challenge. The watch will monitor a patient’s movement and record path history to ensure healthy patient activities and safe boundaries. For instance, if a patient does not move for a certain period, it will send an alert to a caregiver, medical staff or family members for immediate attention. Lack of movement may need to be checked as it can mean the patient has fallen due to an injury, accident or illness. In addition, Iveda’s IoT body temperature sensor can be added to the solution seamlessly. It monitors a patient’s temperature, and an abnormal reading triggers an alert. This is the second study of its kind that Iveda has embarked upon. The first was funded by the National Institute on Aging (NIA), part of the National Institutes of Health (NIH), in collaboration with the University of California, Berkeley, Psychophysiology Laboratory. The Japan project involves a larger sample size of elderly patients. The IvedaPinpoint platform enables an advanced senior care solution with a USB-powered, IoT WiFi/Bluetooth base station and a wristwatch device. It features a panic button for emergency notifications that monitors both rest and activity cycles. The watch also offers built-in real-time location tracking. Iveda’s base station, acting as a geographic area hub, features the auto calibration of multiple base stations to pinpoint precise location (within two feet) of any tracker device. The world’s population is aging, even more so in Japan, which has the oldest population in the world. According to the World Economic Forum, age 65 and above represents a third of Japan’s population. Technology is a crucial element in senior care when growing demand outstrips the availability of caregivers. Because there is...