Grenoble Ecole de Management (GEM) is a member of the EIT* Health project ‘INFINITy’, that supports the independent living of people with Mild Cognitive Impairments (MCI).
The solution developed by INFINITy aims at slowing down the progression of the diseases such as dementia and Alzheimer, conditions that today do not have a cure. GEM contributes to developing the business plan and marketing strategy to make this system widely available to patients and their families.
Around 2% of the population worldwide (almost 10 million only in the EU) is affected by cognitive impairment and the cost of care is on average 1,200 Euros per month. Unfortunately, the ageing of society will further increase these numbers. This amount can be significantly reduced by using INFINITy.
INFINITy includes a set of smartcards, a smart band and an app that help users to walk from their home to other places and vice versa without getting lost. A system of messages reminds users of important tasks. Moreover, it is easier for families to communicate with their beloved ones and localize them.
INFINITy is a project supported by the EIT KIC Health network, a body of the European Union. The EIT network is a European ecosystem that brings together businesses, research institutes and education organizations to develop and market this innovative and real-world and life changing health solution.
INFINITy is a collection of unique technologies that improves the quality of life of people with MCIs. The objective is to facilitate the identification of daily functional activities of people with MCIs and to provide support by safeguarding their independence as they perform their routines. This is an indirect form of support for the families of patients as they can remotely monitor the activities of their loved ones while allowing them to perform their regular tasks with sustained independence; it also enable care providers, both personal and professional by aiding cognitive reinforcement activities.
This project is carried out by eight higher education institutions, research organizations and health specialized partners:
Universidad Politécnica de Madrid (project leader), Leitat Technological Center, Medical University of Łódź (Poland), Instituto de Biomecánica de Valencia, Universitat Politècnica de València, Consorci Sanitari de Terrassa, MySphera SL and Grenoble Ecole de Management.
As a Business Lab for Society and active member of multiple ecosystems, Grenoble Ecole de Management is the Business School that has been chosed for this consortium. GEM is in charge of assessing the impact of the project, the INFINITy solution and of designing the business development plan.
*European Institute of Innovation & Technology