The district will ensure a complete platform under the concept of open innovation, aimed at supporting multinational tech companies, start-ups and entrepreneurs, universities, venture capital firms, investors, and public agencies.
Research may focus on disaster mitigation, disaster management and warning especially after recent disasters experience by the country. Cooperation is also looking into boosting education, research and service cooperation that may hopefully lead to exchange programs and double degree programs.
Other moves that Malaysian ministers hope to see realised include clean governance, establishing a business- and investment-friendly environment, and moving up the value chain with high-tech production.
The engineers that attended the events delved into challenges related to illiteracy, hunger, disease, natural disasters, speech recognition, advanced transportation, consumer behaviour, market analytics – and how AI can be used to solve them.
The expo is in line with the government’s efforts to push the development of the Guangdong-Hong Kong-Macao Greater Bay Area, various cities will gather in the Greater Bay Area Zone to present local green opportunities.
Some companies are more skilful than others at responding to innovation uncertainties coming from disruptive technologies like robotics, AI and blockchain. Taking a more scientific approach can lead to more accurate forecasts and even slight improvements, and can even save big money.
The partnership would include next-generation machine reasoning for automated information processing and decision support, as well as advanced algorithm development for air, sea, land, cyber and space systems. From this will flow new ideas and the industries of the future, producing a thriving innovation ecosystem in the heart of South Australia.
Ballarat is a natural home for this innovation lab as regional Victorians have shown their strengths in thinking outside the box time and again. The facility builds on Ballarat’s ICT and digital strengths and will help turn these skills into new industries, new jobs and grow the digital economy.