Bringing connected to the active elderly

Projektinformationen

INVIS Care

ID Finanzhilfevereinbarung: 826747

DOI

10.3030/826747

Projekt abgeschlossen

EK-Unterschriftsdatum 12 Juli 2018

Startdatum 1 Juni 2018

Enddatum 31 August 2018

Finanziert unter

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Gesamtkosten

€ 71 429,00

EU-Beitrag

€ 50 000,00

Koordiniert durch

INVIS SP ZOO
Poland

Periodic Reporting for period 1 - INVIS Care (Bringing connected to the active elderly)

Berichtszeitraum: 2018-06-01 bis 2018-08-31

Zusammenfassung vom Kontext und den Gesamtzielen des Projekts

Over incoming years Europe will be witnessing a large change in the age pyramid due to growing number of the elderly. This will impact the rising costs of public healthcare – now the European population aged 65+ consumes 60% of healthcare resources. One of the ways to reduce the costs of care for the elderly relates to different means of activating and monitoring them. Although the scientific evidence indicates that the health and quality of life effects of a physically active lifestyle extend across the life course, midlife and older adults represent today the most inactive portion of the population despite availability of diverse assistive solutions such as wearables. At Invis, we have developed an advanced wearable technology that brings connectivity to the classic watch industry, while leaving traditional design without any changes. With our connected strap end users can still keep their watches and at the same time use new technologies. With the Invis Care project we aimed to verify technological and business feasibility of evolving our existing product into a device primarily addressing needs of the elderly.

Arbeit, die ab Beginn des Projekts bis zum Ende des durch den Bericht erfassten Berichtszeitraums geleistet wurde, und die wichtigsten bis dahin erzielten Ergebnisse

Being assisted by our coach assigned by the EASME, we verified end user needs as well as we identified other, new to us, expectations which may be addressed with INVIS Care device. Within the technology related part of our work, we evaluated possibility for enhancing our product with sever vital features awaited by the elderly which resulted in planning of coherent hardware and software development. The conducted in-depth market analysis helped us better understand both global and regional market conditions which contributed to an update of our commercialization strategy and our business plan. As a part of market research, we also investigated into the competitive landscape updating and extending our knowledge of competitors and their offering. We also reviewed our IPR strategy, consolidating our knowledge of IPR assets in our position and drafted plan for future activities in the domain of IPR protection.

Fortschritte, die über den aktuellen Stand der Technik hinausgehen und voraussichtliche potenzielle Auswirkungen (einschließlich der bis dato erzielten sozioökonomischen Auswirkungen und weiter gefassten gesellschaftlichen Auswirkungen des Projekts)

Finally, we updated and extended our business plan also including future revenues generated from collaboration a B2B client acquired during the project. Building on the conclusions we are convinced that Invis Care matches confirmed needs and expectations of the elderly in the technological, economic and practical aspects. We aim to prove it by successful entering to the market, possibly with the support from Phase 2 Instrument.

Invis connected straps for classic watches - startup pack