Special Report: At-home aged care tech company InteliCare has just signed a five year supply agreement with Optus. 

Perth based InteliCare Holdings (ASX:ICR) has signed a five-year agreement with one of Australia’s largest telco providers.

The aged care technology company’s partnership with Optus will see it significantly drive indirect sales through the telco’s existing national business customer network.

InteliCare’s products, including its in-home solution InteliLiving and InteliCare Pro, will be available for Optus’s business customers.

It’s the first partnership of this nature for InteliCare. Jason Waller, CEO and managing director said both Optus and InteliCare have a shared goal of making sure the aged care industry has greater access to a broader technology suite.

“In the current aged care climate, there’s a need for providing Australians with greater care, greater transparency and more interlaced technology services.

“This partnership means the aged care industry now has a go-to partner in Optus who can provide these things, and align often dislocated service providers who are experts in their niche domains.

“They can couple these systems with InteliCare’s proven artificial intelligence platform that allows people to live in their own homes for longer, and prevent trigger events that could cause loss of independence,” said Waller.

VP of product innovation at Optus, Deon Liebenberg says the company believes an intelligent network will underpin new technologies and help drive the possibilities arising in the aged and health care sectors.

“Service providers that succeed in the future will be those agile enough to harness the possibilities of new technologies and rapidly scale in order to meet evolving customer demands,” said Liebenberg.

“This is why we are partnering with organisations that are constantly innovating, such as InteliCare.”

When asked about the opportunities this agreement presents for the future of aged care in Australia and InteliCare, Waller said it will significantly boost connectivity between care workers, loved ones and the community in which they live.

“We have clearly observed an acceleration in technology adoption in aged care.

“Residential and retirement living providers want to give their clients the best outcomes technology can provide, such as increased connectivity with carers, family members and communities.

“Now they can source all of these benefits from a single supplier, and one that integrates everything under one umbrella.”

Last week InteliCare boasted a 45% increase in distributors in its December quarterly update. The company launched its B2C platform in October 2020.

This article was developed in collaboration with InteliCare, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.