Support seniors to respect adheence, keep them connected with caregivers, remote caregiving and avoid useless hospitalizations
Current Status
Ready to market. Already validated on 3 live pilot projects (Red Corss Spain, Public Health Czech republic, Insurance Italy)
Market
all people older than 65. We know penetration of smatphone and apps is very low, they are not familiar with technology.
Trillio is very easy to use and they are willing to adopt it.
Globally 650Millions 65+ people.65+ aged people:
globally: 650M
Europe: 101M
USA: 50M
China 147M
...
Problem or Opportunity
People forgetting medications require useless hospitalizations. this cause 200'000 death in Europe every year and a waste of €130 billions every year.
Solution (product or service)
Trillio is a connected very easy tool for seniors (works like an alarm clock). It reminds medications, it's remotely setup and connected with caregivers.
When patient forget to take a medication the caregiver is alerted via email and SMS.
Trillio avoids useless hospitalizations and offers a range of remote caring services.
It's bluetooth equipped and can provide an early stage self-diagnosis of COVID-19 from home with check of Oxygen blood saturation rate.
Competitors
Smartphone apps (not very used by seniors but still supported by industry)
Dispenser (not very useful tools)
Advantages or differentiators
Easyness of use is the key differentiator.
Trillio got many awards in terms of design and usability.
To be successfull in offering a solution for seniors we must ensure the willingness of adoption. We proved this in our pilot projects
Finance
Our strategy is B2B. We sell to organization and work together on go-to-market strategy.
Street price suggested is service subscription fee, value depends on country and level of services. Range is between 7 and 19USD per month
With proper go-to-market we can assume a first phase of 100'000 units the first year, increasing in the following years basing on demand and production capability
Business model
We sell B2B
Business model is customer lifetime value.
Subscription recurrent fee.
Margins are very high, close to 85-90%
Money will be spent on
Marketing
Go-to-market
Startup of mass production
Top clients customizations/integration
Development of roadmap (R&D, etc)
Support of caregivers. They must be proactive to monitor and support the seniors/patients.
A proper marketing and education of caregivers is key part of marketing campaign
Incubation/Acceleration programs accomplishment
None
Won the competition and other awards
Horizon2020 phase 1
ADI: Italian Design Association
Regione Lombardia: seal of excellence