February 22, 2024

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Hong Kong: Driving Innovation in Construction Technology

Image Credits: HKSTP, Press Release

The ConTech Accelerator, a collaborative effort between the Hong Kong Science and Technology Parks Corporation (HKSTP) and the Construction Industry Council (CIC), successfully initiated an innovative drive in construction technology advancement.

This initiative, established in July 2022, serves as Hong Kong’s foremost platform for accelerating construction technology (ConTech) trials and fostering their integration across local projects. It bridges the realms of technology startups and established corporates, channelling their collective potential toward enhancing safety, sustainability, and productivity within the construction sector.

With a clear focus on driving innovation and progress, the Accelerator brings together HKSTP’s tech ecosystem and CIC’s well-established corporate network. The program’s inaugural phase witnessed the convergence of over 165 industry challenges pinpointed by 20 key contractors, signalling potential areas where technology solutions could be applied. The outcome was remarkable, resulting in 211 tailor-made solutions, of which 85.7% originated locally and the remaining 14.3% hailed from overseas. This feat was achieved through a series of 126 targeted business matching sessions.

Among the standout success stories is a prominent video analytics provider in Southeast Asia. Leveraging the accelerator program, the provider forged partnerships with two corporate contractors, leading to the integration of their solutions across nine local construction sites.

This accomplishment underscores the program’s ability to attract cutting-edge solutions from both domestic and international sources, thus amplifying the awareness and adoption of advanced technologies in Hong Kong. In fact, the provider is now contemplating establishing a local presence to further contribute to the region’s tech landscape.

Another noteworthy breakthrough comes in the form of a smartwatch developed collaboratively by a corporate contractor and Team Concepts. This wearable device, equipped with features like heat stroke prediction and location tracking, emerged from a three-month testing phase at a construction site. The insights gained from this trial have informed refinements, and the technology is now operational at a partner’s site, with ongoing development aimed at incorporating hazardous gas detection capabilities.

Acknowledging the importance of collaborative support, the ConTech Accelerator garnered backing from a leading tech enabler and an additional 20 corporate partners. This collaborative network facilitated connections with local and global tech ventures, illustrating a united effort to drive technological progress within Hong Kong’s construction industry. As HKSTP’s CEO emphasised, this initiative is propelling the future of construction in Hong Kong, promising world-class safety, sustainability, and productivity through cutting-edge innovation.

The ConTech Accelerator aligns with various technology-driven initiatives put forth by the Hong Kong government. This convergence underscores the government’s commitment to fostering innovation, economic growth, and sustainable development within the region.

For example, it resonates with Hong Kong’s Smart City Blueprint, which aims to transform the city into a technology-driven and sustainable urban environment. By focusing on safety, sustainability, and productivity in the construction sector, the accelerator directly contributes to the blueprint’s objectives by integrating cutting-edge technologies to enhance the city’s infrastructure.

In addition, the Hong Kong government’s Innovation and Technology Fund (ITF) promotes the development and application of innovative technologies across various sectors. The ConTech Accelerator echoes this vision by fostering collaborations between startups, tech ventures, and corporate partners, effectively translating innovative ideas into practical solutions that address real challenges in the construction industry.

The Construction Innovation and Technology Fund (CITF), established to drive technological advancements in the construction sector, complements the ConTech Accelerator’s focus on fostering technology trials and adoption. By catalysing partnerships and providing a platform for technology-driven solutions, both initiatives synergistically contribute to modernising the construction industry.

The Hong Kong Research and Development Centre for Logistics and Supply Chain Management Enabling Technologies (LSCM R&D Centre), a government-supported initiative, emphasises technology innovation in logistics and supply chain management. The ConTech Accelerator indirectly aligns with this focus by integrating advanced logistics and supply chain technologies into the construction sector, optimising processes and resource utilisation.

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.

PARTNER

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.

PARTNER

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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