Quantify Technology collaborates with St John of God

Published at Jun 22, 2018, in Technology

Quantify Technology Holdings Ltd (ASX:QFY) has announced an important collaborative agreement with a division of St John of God Health Care, Australia’s third largest private hospital group.

The company will be assisting St John of God Accord (SJGA) in creating a new model for service delivery, showcasing its technology applications in healthcare and supported accommodation.

Quantify Technology’s framework and hardware, alongside Samsung and other technology leaders, will be added to the home to enhance the care and quality of life for residents with severe intellectual disabilities.

QFY remains an early stage play and as such any investment decision should be made with caution and professional financial advice should be sought.

Enhancing independence

To provide perspective, SJGA is a division of St John of God Health Care which has created the “Enabled Lifestyle Blueprint” initiative, focusing on reducing restrictive practices in the industry.

This is aimed at enabling greater independence for people with disabilities through the integration of technology and data collection for better decision-making, improved care and lifestyle outcomes.

Government supports care services to the tune of $19.3 billion

In the 2013-14 federal budget, $19.3 billion was dedicated to implementing the NDIS in Australia, which provided direct funding for assisted living technology for people with disabilities.

Projects that are funded in part by the NDIS could generate significant revenues for the company.

SJGA has proven record

Highlighting the company’s increasing presence in the sector, this development follows an agreement forged in May with the US-based Electronic Caregiver LLC (ECL) for the development, sales, marketing, and distribution of an integrated, collaborative solution for the US and Australian markets.

SJGA recently broke ground on their new “smart” group home in East Brighton, Victoria.

Quantify Technology is providing their Perth-based corporate headquarters for the development of the technology integrations and initial showcasing prior to installation in the East Brighton property.

The company’s own framework and hardware will be installed in the proof of concept building, once again highlighting its quality technology.

Partnering with big names can lead to lucrative opportunities

Working with big names like Samsung could well provide opportunities to forge relationships with other major industry players, enabling it to participate in similar projects.

Management said the company is committed to continuing its activities in the high-growth healthcare and retirement sector where living technology is so important.

The proof-of-concept home will further demonstrate the diverse market applications of the company’s technology, including its capabilities with Amazon Alexa in a healthcare and assisted living environment.

Quantify Technology managing director Mark Lapins said, “Our three fundamental pieces of hardware - the light switch, the power outlet, and auxiliary controller - combined with our built-in computing power are redefining the industry.

“Our technologies are setting the standard for safer and more independent living outcomes.”

He also noted the broader applications of the company’s technologies in pointing to other market segments such as traditional health care, retirement living and aged care.

Where to invest $1,000 right now

When the experts at Next Investors have a stock pick, it may pay to listen.

The Next Investors have been investing in ASX small cap stocks for years, with their best small cap picks yielding returns of 1,200%, 1,120%, 900% and 678%.

They have just revealed their hand-picked, FY2021 stock portfolio of high conviction long-term investments.

Click the link below to see what they are currently investing in.


S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why Finfeed.com is Australia’s leading small cap publication

Founded seven years ago, Finfeed.com is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise.

Finfeed.com provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more.

Finfeed.com is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!