MILAN, ITALY – Amplifon and Plug and Play Italy, the Milan office of the international open innovation platform, have announced a new partnership. This collaboration aims to connect and collaborate with start-ups on a global scale.
“Open Innovation plays a fundamental role in healthcare, facilitating access to external expertise and accelerating technological development. It fosters the secure exchange of health data, reduces research and development costs, and promotes a dynamic innovation ecosystem. The agreement with Amplifon was born out of these premises and marks the first step for Plug and Play in Italy towards a new division dedicated to health,” stated Tommaso Maschera, Director of Plug and Play Italy.
“Amplifon is always at the forefront of innovation, continuing the journey which began almost three years ago with AmplifonX, the division dedicated to the development of new digital solutions which acts as an internal research and development center. We are always looking for new technologies to provide our customers with an increasingly personalized service and improve their quality of life. To this end, we are developing new partnerships with innovative global companies in the fields of artificial intelligence and machine learning. The new partnership with Plug and Play will help us on this path”
–Antonio Curci, Global Director of AmplifonX
Amplifon operates with over 20,000 people and nearly 10,000 shops in 26 countries across five continents. Founded in Milan in 1950, the company is a world leader in its field. Thanks to its in-house start-up AmplifonX, the company develops new digital solutions to enable its hearing care professionals to offer an increasingly personalized service to their customers both inside and outside the shops.
Since 2015, Plug and Play has accelerated over 300 start-ups in partnership with more than 30 companies and finalized over 80 investments in the sector. Plug and Play’s health programs focus on five thematic areas: TechBio, Health Tech, Healthcare IT, Digital Therapeutics, and Digital Care Provision.
About Amplifon
Amplifon, the global leader in the hearing care retail market, empowers people to rediscover the emotions of sound. Amplifon’s 20,000 employees and collaborators worldwide are committed to understanding each customer’s needs, offering exclusive, innovative, and highly personalized products and services. The Group, with annual revenues of over €2 billion, operates through a network of approximately 10,000 points of sale in 26 countries and across five continents. For further information, visit Amplifon Corporate.
About Plug and Play
Plug and Play is the world’s largest Open Innovation platform: on the one hand, it connects start-ups with major corporations; on the other, it invests and facilitates investments to help start-ups grow, all with a global approach that facilitates internationalization and relations with Silicon Valley. Launched in 2006 and co-founded by Saeed Amidi in the legendary Lucky Building in Silicon Valley, which saw Google, PayPal, and Dropbox take their first steps, today Plug and Play is present in more than 60 cities around the world. It is a leading innovation platform with over 600 corporate partners, 70,000 start-ups in its proprietary database, and a total investment value of more than USD 12 billion in companies such as Dropbox, PayPal, N26, and Hippo.
Source: Amplifon