Periodic Reporting for period 1 - Glucostratus (Bringing the benefits of interactive digital health to the care of elderly persons with diabetes)
Okres sprawozdawczy: 2018-05-01 do 2018-11-30
The objective of the system is to improve the quality of diabetes care by enabling healthcare professionals to intervene early when deemed necessary based on up-to-date blood glucose data and to improve the productivity of home care by using remote monitoring to reduce the number of expensive nurse visits.
The use of smartphones is increasing also among senior citizens. The target group of the remote monitoring solution can be increased by offering a smartphone application as a future alternative for elderly diabetics who have reasonable IT skills.
For growing the business internationally, it will be essential to find partners that offer complementary IT solutions for the same target market. However, combining a software system with blood glucose testing hardware and single-user test strips represents a challenge that must be addressed in order for the business model and go-to-market strategy to work. The skills required to sell, implement and support software solutions for care providers are very different compared to the skills needed to handle selling and logistics of single use consumables. Therefore, building and managing a network of capable partners will be crucial for the growth and success of the business.