Recent article from Brightwater website for some who might be interested. Doesn't mention EPT but you can draw some foresight from it that relates to our product. A couple that pop out.
.. in the next 40 years;
Brightwater CEO Jennifer Lawrence at the Business of Age conference in Perth.
- Number of Australians aged over 65 double;
- Number of Australians aged over 85 grow four-fold; and
- Government spending in aged care double as a share of the economy, while the number of working taxpayers to each older person would plummet 60 per cent.
“We will see new technologies in aged care, like robots. But they will be tools to support our staff in some parts of the business to provide better care, not to replace them,” Ms Lawrence said.
She also highlighted increased application of technology to support mobile care givers to deliver more services to the growing proportion of Australians who will be taking up incentives from government for them to age in the home.
The challenge for organisations like Brightwater in dealing with disruption, Ms Lawrence said, would be finding ways “to stay relevant” in an environment where funding constraints are tighter than ever before.
“We will have to act more commercially to transform our core businesses by implementing more efficient and effective service models, if we are to seize the market opportunities which will open up in this long-wave phase of dynamic industry growth.”
The talk of robots to assist home carers strikes as a very real platform for our technology down the track. First mover advantage in a growing space. Full article link at the bottom. All the best!
https://www.brightwatergroup.com/la...-care-sector-sparked-by-growth-not-technology
Recent article from Brightwater website for some who might be...
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