Assessing the impact of smart home and ambient assisted living technology on the dementia care value network and business model

Critical to improving the commercial viability of technological health innovations is understanding the key changes it will pose on the existing business model elements. In this paper, changes to the elements of the business model of Geriant, a dementia care provider, are studied in the context of the emerging smart home and ambient assisted living technology. Additionally, a value network analysis revealed potential changes to the key partners that are identified by the emergence of the new role of digital health product provider and the transformation of the role of the patient with dementia and its informal caregiver. The integration of SHAAL technology in dementia poses organisational challenges including acquiring the right technology-based knowledge and capabilities, new business development, and strategic partnerships with existing digital product providers to develop SHAAL-enabled solutions for dementia care.