FEBRUARY 20208Tamojit has extensive experience in managing complex transactions, leading large teams, creating innovative products and driving growth for both established & start-up businessPradeep with over 20 years of expertise in sales & distribution market is launching new and large initiatives with emphasis on creating robust processes, distributed through a complex multi geography sales structureAGE-TECH: DIGITAL TECHNOLOGY THAT REVOLUTIONISES AGEINGBy Tamojit Dutta & Prateep Sen, Co-Founders & Co-CEO, Tribeca CareIN MY OPINIONrs Dey is 84 years old, suf-fers from early stage de-mentia and lives alone. Her adult children stay abroad. She has had two serious falls re-cently and is feeling increasingly isolated at home. Mrs Dey is the real face of a rapidly ageing world. Technology will revolutionise the way the world ages and how we interact with that ageing world. It will impact every aspect of ageing ­ medical care, loneliness, retire-ment living, and social networks. Artificial Intelligence (AI) is already improving senior safety, mobili-ty and connectivity. Mobile alerts and home sensors are making it easier to remotely monitor loved ones' welfare.The first waves of digital change are crashing on our ageing shores.Age-Tech is a Global OpportunityOver the last decade, "Fin-Tech" has dominated global investor interest and user imagination. Now, is the time for "Age-Tech" to shake up the $17 trillion Senior Economy.The world is ageing fast. Between 2000 to 2050, the 60+ demographic would increase from 12 per cent to 22 per cent of global population (605 million to 2 billion). The number of 80+ seniors will quadruple - creat-ing significant social, economic, and health challenges for all.A range of Age-Tech solutions - smart homes, medical alerts, customisable medicines, conver-sational robots, audio books, voice assistants - will create incredible opportunities for us to improve the lives of the elderly. M
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