The number of seniors in the U.S. continues to increase, according to research and a report by the Joint Center for Housing Studies of Harvard University. By 2030, the number of people 50-and-over is projected to be 132 million, or about 20 percent of the population. Most seniors live in their own homes. Even among people aged 80 and over, more than 75 percent still live independently. Technology can assist and empower people who choose to “age in place” as well as those who live in senior living facilities.
K4Connect was founded specifically to help older adults and people with disabilities. The company has created a software platform, the K4 platform, that integrates multiple aspects of life into one platform. The “connected life platform” connects wellness and home products such as garment activity trackers, scales, blood pressure and other biometric devices, and telemonitors with home automation devices such as thermostats, sensors, door locks, and video doorbells. The point is to create smarter living environments for healthier lives and family and community involvement by giving people a meaningful way to access the Internet of Things (IoT).
The first K4 product is K4Community for senior living facilities. From the operator’s perspective, K4Connect is a resident-focused amenity that increases customer and family satisfaction by helping people manage their apartments, track their health, engage with others in the community, and communicate with family and friends. With the K4 platform’s management of IoT, residents can remain independent, actively manage their own health, and communicate with friends and family within and outside the community.