February 21, 2024

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HKSTP has signed MoUs with Japanese tech giant and bank

A recent report made note that the Hong Kong Science and Technology Park has entered collaboration agreements with a Japanese tech manufacturer and a Japanese bank and financial group during a trade mission to Japan.

During the visit, HKSTP signed a memorandum of understanding with the tech company to jointly develop a smart city data platform.

The collaboration will be based on HKSTP’s multi-source data integration open platform, which is designed to provide neutral data sharing infrastructure to accelerate smart city development and data-driven innovation.

The Park will seek to leverage the Japanese tech company’s cloud infrastructure to ensure the platform is open and adaptable and can act as a framework for building big data analytics platforms, and that the data within the platform is neutral and managed with good governance.

The agreement was signed in Tokyo during the Smart City ABCD (Artificial intelligence, Blockchain, Cloud and Data) session jointly organised by HKSTP and Hong Kong Trade Development Council as part of the annual “Think Global, Think Hong Kong” trade mission.

The CEO of HKSTP was noted to have said that HKSTP and the Japanese tech company are embarking on an unprecedented partnership between the public and private sector in co-creating data architecture for data acquisition, engineering and sharing.

He also noted that the platform serves to enrich data sources to enable data-driven Smart City innovation in the areas of Smart Mobility, Smart Environment, Smart Living and Smart People. It also generates insights and solutions beyond proof of concept to derive a greater range of applications.

This is in line with the goals set out in Hong Kong’s Smart City Blueprint which aims to embrace innovation and technology to build a world-famed Smart Hong Kong characterised by a strong economy and high quality of living.

The objectives are to make people happier, healthier, smarter and more prosperous, and the city greener, cleaner, more livable, sustainable, resilient and competitive; to enable the business to capitalise on Hong Kong’s renowned business-friendly environment to foster innovation, transform the city into a living lab and test bed for development; to provide better care for the elderly and youth and foster a stronger sense of community. To make the business, people and Government more digitally enabled and technology savvy, and to consume fewer resources and make Hong Kong more environmentally friendly, while maintaining its vibrancy, efficiency and liveability.

Meanwhile, HKSTP has signed an agreement with the Japanese financial group aimed at jointly nurturing high potential technology startups from both Hong Kong and Japan, with a focus on key fields including smart city, fintech, biomedical technologies, and robotics.

The two companies plan to dedicate support to startups including incubation and acceleration programs, investment matching, knowledge exchange and access-to-market support.

Mizuho will be one of the partners for next year’s planned new fintech focused stream of HKSTP’s Global Acceleration Academy initiative.

“We are wasting no time in pushing forward our plans in helping our start-ups grow to their fullest potential and enriching our vibrant I&T ecosystem through various value-added services,” Wong said.

“While we have just announced our resources deployment plan to accelerate the I&T development in Hong Kong, this MoU comes at the right time – exemplifying our efforts in providing deeper and broader services for start-ups through partnerships with leading enterprises.”

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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