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Press Release12 March 2019Siemens AGSiemens Korea, Seoul
Siemens Ltd. Seoul to showcase HVAC-optimized solutions for Smart Buildings at HARFKO 2019
To utilize Siemens’ IoT-based big data platform ‘MindSphere’ in developing innovative silver healthcare service
To develop wearable device for elderly who are unfamiliar with digital technology… To provide healthcare service and emergency monitoring
A global powerhouse in electrical engineering and electronics leading the age of digitalization, Siemens Korea (Siemens Ltd. Seoul·SLS), KEPCO KDN and Osong Medical Innovation Foundation today signed a Memorandum of Understanding (MoU) on mutual cooperation for the development of a silver healthcare service, utilizing power line communication in preparation for the aging society.
To utilize Siemens’ IoT-based big data platform ‘MindSphere’ in developing innovative silver healthcare service
To develop wearable device for elderly who are unfamiliar with digital technology… To provide healthcare service and emergency monitoring
A global powerhouse in electrical engineering and electronics leading the age of digitalization, Siemens Korea (Siemens Ltd. Seoul·SLS), KEPCO KDN and Osong Medical Innovation Foundation today signed a Memorandum of Understanding (MoU) on mutual cooperation for the development of a silver healthcare service, utilizing power line communication in preparation for the aging society.
The three parties will provide silver healthcare services to the elderly who are unable to use smartphones or receive internet services due to their unfamiliarity with digital technology. SLS will develop services that analyze collated power usage patterns and bio-health data through its cloud-based open IoT operating system ‘MindSphere’. KEPCO KDN will provide its power line communication technology with wire and wireless gateway technology. Osong Medical Innovation Foundation will develop wearable devices that send silver generation’s healthcare information by monitoring physical activity or during an emergency.
The main fields of cooperation include ▲development of power line communication-based silver healthcare technology for the establishment of a social safety network, ▲development of wearable devices, application of big data platform and development of healthcare services, ▲field test and demonstration of silver healthcare for public services, etc.
Mr. ChewKong Lum, President and CEO of Siemens Ltd. Seoul, said “As Korea has begun to become an aging society, the ICT-based silver healthcare service is expected to become one of the most important public welfare and future business in the country. With the IoT operating system ‘Mindsphere', it is possible to collect, analyze and detect health information of the elderly thus providing quality healthcare services. As Cyber security has become one of our top priorities, Siemens will play leading role into securing sensitive personal data, while also sustaining the trust of societies, customers and business partners." He also added "Siemens will contribute to further expanding digitalization for the silver healthcare industry into new leading business areas such as software and smart cities.”
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. In fiscal 2019, which ended on September 30, 2019, Siemens generated revenue of €86.8 billion and net income of €5.6 billion. At the end of September 2019, the company had around 385,000 employees worldwide.
Since its foundation in the 1950s, Siemens Korea (Siemens Ltd. Seoul) has taken the initiative in providing various business cooperation efforts, active investments and development based on its superior technology and global experience in order to create positive ties with Korean industries. addition, Siemens in Korea pursues corporate citizenship programs and also supports the training of talented Korean professionals within high-tech industries in cooperation with several local universities. www.siemens.co.kr.