

- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
With migrations underway as agencies are upgrading ageing infrastructure, cloud computing is the centrepiece of government IT modernisation. The cloud migration and adoption initiatives will likely reform the security authorisation process. However, the question still arises if migration is necessary.
Here are four leading practices technology leaders can rely on to deliver business value through the cloud:
- Create cloud landing zones to create a governance framework that allows for large-scale migration and innovation.
A cloud landing zone is a pre-configured, standardised environment that enables workloads across several accounts. It centralizes and automates account administration, budget and cost management, as well as security, risk, and compliance, to provide the tooling and controls required for governance at scale. A landing zone usually comprises a standardized service catalog and automations to make deployment of safe cloud services, monitoring, identification, access management and other security tools easier.
- Sequence migration efforts and rationalise application portfolios to land the most accretive workloads in the cloud.
Cloud managers should work with C-suite leaders, product line managers, and other agency team members who are familiar with existing application portfolios and have knowledge of budgeted investments in new workloads.
Furthermore, IT managers should make use of existing enterprise architectural tools and analyse the business effect of workloads that are candidates for migration. By demonstrating the importance of a migration candidate to mission achievement, a business impact analysis can also help assess the criticality of business processes and applications. As a result of this data, judgments about migration priority and strategy should be made. While there are a number of other factors to consider when prioritising cloud migrations, these methods will provide agencies with information that will enable them to determine the most likely candidates to migrate first.
- Develop architecture, business case and approach when planning migrations.
Because cloud migration is an engineering effort that involves investment, business advantages, risks, costs, and ROI must all be considered when making decisions and prioritising priorities. Cloud migration business cases should be based on architectural due diligence and provide guidance on the costs of workload migrations, workload cloud operations, and on-premise operations – including costs such as facilities, power, administrative services, environmental controls, and parallel transition operations – which are often overlooked. When using technology business management concepts, business case preparation for all assigned expenses estimations should heavily rely on TBM analytics.
- Continuously monitor and optimise cloud usage and economics.
To ensure that the stated ROI and advantages of workload transfers are realised, agencies should collect cloud cost and consumption statistics. Consistently reviewing cloud costs and performance, for example, will ensure that migrated workloads are meeting business goals. Agencies should also assess cloud service provider offerings and pricing on a regular basis to ensure that cloud expenditures are made in the most cost-effective way possible.
ow is the moment for agencies to create a well-managed cloud migration strategy that will strengthen basic cloud capabilities while also allowing them to quickly provide the service upgrades that will have the greatest impact on mission success. These business practices are essential for a smooth transition and are well worth the time and effort.
As reported by OpenGov Asia, A report titled “Government Cloud Platforms 2021–2022 RadarView” evaluated 15 providers based on product maturity, enterprise adaptability and future readiness. The report identifies four trends that are shaping the market. The first is the increasing compliance needs that are accelerating the shift to the cloud. The cloud helps agencies address sensitive workloads, such as those involving health care data while complying with requirements.


- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
The Singapore Land Authority (SLA) is launching numerous new collaborations to address urban challenges by leveraging geospatial technology to facilitate data-driven decision-making and solutions. Geospatial technology is location-based technology that is widely used in areas such as mapping and road navigation and is a key enabler in supporting Singapore’s Smart Nation and sustainability initiatives.
Dr Amy Khor, Senior Minister of State, Ministry of Sustainability and the Environment, and Ministry of Transport, announced the new collaborations at the recently concluded Geo Connect Asia 2023. The Senior Minister was also present at the signing ceremonies for two SLA collaborations: the Container Depot and Logistics Association (Singapore) and the General Authority for Survey and Geospatial Information of the Kingdom of Saudi Arabia.
SLA has also begun its first bilateral collaboration with the General Authority for Survey and Geospatial Information (GEOSA), Kingdom of Saudi Arabia, as part of its efforts to foster international knowledge exchange and contribute their experiences in the use of geospatial data and technology.
The collaboration stems from both countries’ rapid urbanisation, which has resulted in an increased need to use geospatial data and technology in decision-making, as global cities face similar challenges that could benefit from shared solutions. The collaboration with GEOSA, which will last three years, will involve the exchange of knowledge and experiences on:
- The development and management of national geospatial databases;
- The use of technologies such as artificial intelligence, and machine learning in the development of digital twins;
- Digital transformation in the geospatial industry; and
- Development of geospatial products and services that will benefit citizens.
Also, the SLA will work with the Container Depot and Logistics Association (Singapore) to make it easier for heavy vehicles to get where they need to go. Companies that use these kinds of vehicles and their drivers will be able to plan their trips better and save time if they have more information. This means that the companies will save money because they will use less fuel and put out less carbon.
SLA has also been working with SG Enable and Gardens by the Bay to map routes that are easy for people in wheelchairs to use. This collaboration is part of SLA’s support for the Enabling Masterplan 2030, which describes Singapore’s goal of becoming a society that welcomes everyone by 2030.
In this project, information about barrier-free routes is collected and mapped in Bukit Merah and Gardens by the Bay. These routes have things like covered linkways for wheelchairs, ramps, footpaths, pedestrian crossings, and overhead bridges with lifts.
SLA has made a pilot testing app with barrier-free access routes for these two areas so that wheelchair users can give feedback and give ideas for making things better. In the next six months, improvements will be made to more testing areas in terms of data accuracy and ease of use. In the future, the barrier-free access routing function will be added to OneMap as an extra way to find your way, along with the public transportation, cycling, and driving modes that are already there.
SLA has been working with partners to get students excited about geospatial technologies and make them aware of how they can be used to solve everyday problems in the community.
Other projects like this include the annual Global Navigation Satellite Systems (GNSS) Innovation Challenge, which is put on with the help of the Space Faculty, the annual Regional Geospatial Youth Forum, and the Young Geospatial Scientist workshop, which is put on with the help of the Singapore Science Centre.
Later this year, the government will announce new ways to help students learn. Through these projects, SLA wants geospatial data and capabilities to be used by everyone.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
The Ministries of Finance and National Development Planning (Bappenas) and the National Development Planning Agency (PPN) have jointly released the Krisna Renja-Sakti synchronisation module. Together, these two tools reduce the number of actions required to disburse funds from 13 to 8.
Abdullah Azwar Anas, the Minister for Administrative Reform and Bureaucratic Reform, felt that the move taken by the Ministry of Finance and Bappenas was a significant step forward in bureaucratic reform in the budget sector (PANRB).
“This is the SPBE layout plan. Creating efficient and straightforward software is a top priority for any government service integration initiative. The Finance Minister and Bappenas’s Chief are an example for other organisations that want to unify their various administrative processes,” Anas declared at the Krisna Renja – Sakti synchronisation module launch in Jakarta.
Indonesia’s Minister of Finance, Sri Mulyani Indrawati, has made it clear that implementing Krisna-Sakti will streamline budgeting, obtaining funds, and reporting expenditures for the country’s numerous government agencies. As an added request, she asked that the Ministry of Finance and Bappenas make Krisna-Sakti fully interoperable and streamline standard operating processes.
I emphasised that streamlining our administration is the hardest part,” Sri observed. “If our nation’s bureaucracy is to foster creative problem-solving, how can this be accomplished?” she chimed in.
The Ministry of Finance and Bappenas are committed to continuing their efforts to improve services to ministries/agencies to bring about a more developed and rich Indonesian people and nation. To Sri, this was the first step in fixing and coordinating these two essential applications used by all branches of government. All government agencies and academic research facilities must get the blessing of Krisna and Sakti before they may receive funds.
Suharso Monoarfa, Minister of PPN and Head of Bappenas, has said that this synchronisation made the increased transparency and accountability in planning and budgeting possible. He is confident that his company will be able to effectively curb unnecessary expenditures and quickly readjust course as needed throughout the introduction of new development plans.
Also, the app was built following the National SPBE Architecture Perpres Regulation’s mandate to minimise redundant efforts and make the most of existing ones. The PANRB-prioritised Ministry has stated that combining Krisna and Sakti improves the E-Government infrastructure (SPBE).
The government’s apps have been updated and digitised as part of the consolidated and standardised Electronic-Based Government System (SPBE). Because it is a necessary measure in the battle against corruption, the government of Indonesia backs the system.
Anas noted that nations with advanced levels of e-government, such as Denmark and Finland, also tend to have low levels of perceived corruption. Therefore, he reasoned that full SPBE implementation would be the solution because Indonesia’s score on the Corruption Perceptions Index (GPA) has reduced from 38 in 2021 to 34 in 2022.
Since Presidential Regulation 132/2022 on the National Electronic-Based Government System Architecture was passed, SPBE deployment in Indonesia has been regulated by law. To improve the standard of public services, the government has committed to speeding up the process of integrating business processes, data and information, SPBE infrastructure, SPBE applications, and SPBE security.
Deputy Corruption Eradication Commission (KPK) Chairperson Alexander Marwata believes SPBE can root out corruption in Indonesia. According to him, extortion, bribery, and other forms of crime may be avoided, and government services to the public can be enhanced using technical assistance and the honesty of public officials.
The Ministry of PANRB also increases SPBE’s use in the public sector through the Digital Public Service Mall (MPP). This one system will consolidate a wide range of governmental operations at all levels, from the federal to the state and local.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
The Land Transport Industry Transformation Map (ITM) 2025 was unveiled by Minister of Transport S Iswaran. Developed by the Land Transport Authority (LTA) in close collaboration with industry and union partners, the updated Land Transport ITM aims to create a sustainable and resilient land transport sector, a workforce that is future-ready, and a thriving ecosystem.
The Land Transport ITM 2025 will assist the industry in overcoming the immediate challenges of labour shortages and decarbonisation. It aims to accomplish three strategic outcomes, including A Future-Ready Workforce, A Sustainable and Resilient Land Transport Sector, and A Reliable and Cost-Effective Transport System through Innovation and Technology.
“Talent development and skills upgrading for workers remain key to the land transport sector’s transformation and resilience,” says Chee Hong Tat, Senior Minister of State, Ministry of Transport and Co-Chair of the Future Economy Council (FEC) Connectivity Cluster. The LTA is collaborating with public transportation operators and unions to prepare workers for new challenges, ensuring that the workforce remains productive and future-ready.
The land transport industry, a critical pillar in enabling connectivity that supports the economy, can only do so thanks to the efforts of its employees. With over 100,000 employees, the workers perform a variety of roles such as bus captains, bus mechanics, customer service officers, railway engineers, station managers, and point-to-point (P2P) drivers.
The nature of work will also change as technology and digitalisation advance. As a result, under the revised ITM, the LTA will collaborate with the National Transport Workers Union (NTWU) and public transportation operators to train rail workers to use new and emerging technologies such as data and statistical analytics, as well as condition monitoring, to increase efficiency and productivity.
Since 2020, the Rail Manpower Development Incentive has helped over 2,900 workers improve their skills. Faults, for example, can be detected and physical checks reduced using video monitoring and image analysis.
Additionally, they are gradually enhancing the skills of their bus captains and technicians to operate electric buses. To create appropriate training programmes on cleaner energy buses for the bus workforce, the Singapore Bus Academy (SGBA) has been collaborating with pertinent stakeholders, including bus suppliers, Institutes of Higher Learning, NTWU, and bus operators.
To prepare the workforce to support Singapore’s push for vehicle electrification, LTA will also keep up its close collaboration with partners in the private transportation sector, such as tertiary institutions. Also, LTA will keep urging commuters to use public transportation or active transportation options under Walk Cycle Ride. By enhancing the infrastructure for EV charging and fortifying the EV regulatory framework, LTA is also encouraging greater adoption of EVs.
To increase the effectiveness of the land transportation system, industry and academic partners will use an open innovation strategy to draw on outside ideas. This includes decentralising data and working with others to develop creative solutions that will improve operational procedures and promote environmental sustainability.
To simplify outreach to industry partners, the LTA introduced the Land Transport Innovation Portal in September 2022 as a one-stop shop for all innovation-related issues. To assist partners in better understanding LTA’s requirements and identifying opportunities for co-innovation and collaboration, the portal disseminates operational problem statements from LTA as well as details on upcoming innovation events.
Additionally, it points potential innovators to the LTA DataMall’s data resources, which include over 130 static and dynamic datasets as well as a newly expanded catalogue of “On-Request Datasets” in an effort to spur more original ideas that can meet the needs of the land transportation industry.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
A provider of Electronic Manufacturing Services (EMS) has announced plans to construct a Smart ‘Lights-Out’ Factory 4.0 in Batu Kawan, Penang, with an estimated cost of RM180 million. This development is expected to bring about significant changes in the Northern Peninsular region.
The factory will be involved in the production of Optical Modules, which are new 5G Advanced High Speed Optical Signal Transmitter and Receiver components for 5G wireless networks. The factory will use photonics and semiconductor technologies acquired through technology transfer from its US-based customer.
Construction of the Batu Kawan plant began in January 2023 and is expected to facilitate the first-ever technology transfer in Southeast Asia. This development is expected to enhance the skillset and competitiveness of the local workforce, and the plant is anticipated to hire around 1,000 highly skilled individuals once completed in the first half of 2024.
As part of their expansion plan announcement, the provider welcomed a delegation from the Malaysian Investment Development Authority (MIDA) to their location in Sg. Petani. The delegation was led by the Deputy Chief Executive Officer (Investment Development) and included the Senior State Executive Council Member (Kedah) and a Member of Parliament from Kubang Pasu, Kedah.
The EMS provider which currently employs approximately 3,000 staff, (representing about 1% of the Sg. Petani population), has expressed its intention to collaborate with local universities and colleges in actively training fresh graduates to become industry-savvy. Their “hire local first” policy prioritises employing Malaysians from the surrounding area, thus reducing their dependency on foreign labour.
The Deputy Chief Executive Officer (Investment Development) of MIDA extended congratulations to the EMS provider, stating that they are pleased to see the company actively collaborating with local universities and colleges to train fresh graduates and improve their industry knowledge.
The company’s “hire local first” policy was also applauded for providing job opportunities to Malaysians in the surrounding area and reducing dependency on foreign labour, which in turn enhances the livelihoods of locals. These expansion plans are in line with the National Investment Aspirations (NIA) of attracting high-value investments to promote sustainable and comprehensive economic growth.
She added that Malaysia welcomes the firm’s expansion project, which utilises cutting-edge 5G technology, aligning with the government’s mandate for MIDA to drive the rapid digital transformation of the manufacturing sector. This development is expected to lead to improvements in productivity, job creation, and the enhancement of the skill set of Malaysians.
The new plant will implement the Lights-Out methodology, creating a fully networked environment that digitises material flow for autonomous manufacturing. A remote team of highly specialised experts will be responsible for data management, production planning, and quality control.
In addition to the Batu Kawan plant, the EMS provider is expanding its presence by constructing Smart Warehouses and an International Procurement Centre, which will feature Kedah’s first Vendor Management Inventory (VMI) system. These facilities, with a total cost of RM40 million, will cater to the provider’s own growing requirements and those of the surrounding industrial clusters in Sg Petani, Kedah, and Batu Kawan, Penang. The completion of these facilities is expected to be in 2024.
According to the firm’s Chief Executive Officer (CEO), the development of smart facilities is timely, given the Group’s expansion journey. The company has progressed from providing Printed Circuit Board Assembly (PCBA) and full-product box-build assembly to producing upstream 5G routers and soon 5G optical modules.
The provider aims to collaborate more closely with government authorities and agencies such as MIDA to increase the economic value of the state. Their current plant in Sg. Petani has already benefited from grants that encourage exports and innovation, and they hope to receive continued support for their future expansion plans.
In addition to grants, they appreciate open sessions for dialogue and feedback on current policies, so that government agencies can stay informed about the latest developments and challenges faced by industry players and formulate mutually-beneficial solutions.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
President Jokowi stressed the need for constant innovation for ministries, agencies and regional governments to speed up services. Rising public expectations will be challenging to achieve without creative problem-solving.
Abdullah Azwar Anas, Minister of Administrative and Bureaucratic Reform (PANRB) said that new ideas are essential to enhancing the standard of government services. However, Anas emphasised that creating a new application for every breakthrough is unnecessary. Since there are presently over 27,000 applications for various public services from several government organisations, they have already been developed.
“It’s encouraging to see the government adopting new approaches to delivering services to make life easier for its constituents. But a new app development effort is not mandatory. No longer is there a ‘one invention, one use’,” he said when inaugurating the 2023 Public Service Innovation Competition (KIPP) Launch.
According to Anas, innovation should simplify people’s lives, not make them more difficult. Minister Anas has stated that integration and interoperability are essential in the future. Both are following the plans of the SPBE Electronic-Based Government System, as directed by President Joko Widodo. Single sign-on at digital public service malls (MPP) is a step towards simplifying all kinds of processes.
“In other words, gone are the days when locals seeking service A first downloaded app A, then manually created account A by entering extensive personal information. Accessing Service B requires using Application B; if you don’t already have a Service B account, you must make one and enter your information again. As well as the others. The populace is in disarray with thousands of service applications today,” he noted.
Furthermore, the government has carried out a digital transformation of public services using artificial intelligence to give convenient services to the community (AI). Diah Natalisa, Deputy for Public Services at the Ministry of Apparatus Empowerment and Bureaucratic Reform (PANRB), has emphasised the importance of digital services and how they improve the efficiency and accessibility of government programmes.
Diah explained that the Indonesian National Artificial Intelligence Strategy 2020-2045 has already been formed. It identifies five priority sectors with promising prospects for AI’s advancement, application, and exploitation. Artificial intelligence innovations are first used in the healthcare industry to improve response times, increase patient numbers served, and lower overall healthcare costs.
Patients can allegedly access medical care via telemedicine without physically going to a clinic or doctor’s office. In addition, there are various ways to employ AI in the realm of bureaucratic reform, such as creating ChatBots that can provide 24-hour, two-way dialogue with the general public.
Meanwhile, Diah argued that the potential for the future growth of artificial intelligence would lead to precision learning in education. Learners’ routine actions are considered with their mental and emotional faculties and physical abilities.
Then, artificial intelligence can be applied to satellite photos in food security to determine which locations have access to electricity and which do not. It’s been theorised that this hypothetical can also be used to catalogue the crops cultivated in a particular region and forecast the yield of each crop.
AI will also help the future of transportation and intelligent urban planning. Diah presented the example of using AI for smart traffic management solutions to guarantee locals’ safe and efficient movement from one place to another.
The Ministry of Administrative and Bureaucratic Reform is developing the Public Service Portal. The portal system’s AI will be optimised to predict and fulfil each user’s needs based on their unique traits.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
The Department of Science and Technology (DOST) in the Philippines and the University of the Philippines (UP) Mindanao aim to educate the public about the benefits and applications of artificial intelligence (AI) in a variety of fields.
The country has recognised that AI is one of the technologies that is starting to change the way businesses and organisations work. Because AI has so many uses, it is starting to be utilised in many different areas, and its full potential is being realised and used in many markets. Hence, businesses and organisations in the Philippines are starting to pay attention to the benefits of this.
During the recent “1st AI Pinas Research and Development (R&D) Conference and Workshop 2023,” over one hundred participants, including local and international speakers, discussed the benefits of machine learning, natural language processing, robotics, computer vision, and deep learning applied to health, education, mobility, the environment, disaster risk reduction (DRR), industries, and smart and sustainable cities and communities.
Renato Solidum Jr, DOST Secretary acknowledged that AI has the potential to increase human productivity by automating routine tasks, analysing massive amounts of data, learning new information, and making well-informed decisions.
He added that they focused on the four investment pillars, and as a result, DOST has pledged financial support for the Philippines’ rapid scientific development in this area so that the nation can fully benefit from AI technologies.
Secretary Renato confirmed that the DOST has been collaborating with multiple stakeholders to make the AI R&D framework for 2019–2029 beneficial for its intended beneficiaries. The framework focuses on building a national infrastructure, which includes:
- AI R&D centres;
- Empowering more professionals through DOST-PCIEERD training and development; and
- Encouraging more mission-driven programmes with unique applications.
He has emphasised that the Philippines are also enhancing its workforce’s capabilities. In collaboration with the Development Academy of the Philippines (DAP), the Analytics Association of the Philippines (AAP), and an open online course provider, three (3) AI Pinas training have produced 143 graduates.
Through the Smarter Philippines and R&D, Training, and Adoption (SPARTA) project, he hopes to upskill and launch the data science careers of the nation’s workforce as they aim to have 50,000 Filipino data scientists by 2029 to meet the needs and demands of the industry as they undergo digital transformation.
Dr Lyre Anni Murao, Chancellor of UP Mindanao, on the other hand, urged the use of AI to help with daily tasks, stating that AI should be given more credit for improving the quality of life and strengthening the capacity to contribute to global development.
On the other hand, Dr Enrico C. Paringit, Executive Director of the Philippine Council for Industry, Energy, and Emerging Technology Research and Development (DOST-PCIEERD), stated that the “AI for Better Normal” investments, made possible in June 2021, have put them at the forefront of using AI to advance innovation in the country, as they have supported impactful AI projects across the country.
DOST-PCIEERD, as a leader and partner in enabling innovations in the Philippines, ensures that it strengthens local capabilities in the region. Initiatives like this strengthen ties with more developed countries and foster new collaborations that can spur future socioeconomic growth.
The event themed “Artificial Intelligence Driving Transformation and Impact in the Digital Age,” provided a forum for experts, researchers, professionals, enthusiasts, and prospective beneficiaries to update the R&D roadmap and develop a national AI R&D programme.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Flattr
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
A significant partnership between a leading Victorian university and a top global hospital is poised to elevate MedTech breakthroughs and contribute to the enhancement of healthcare. The Minister for Industry and Innovation, Ben Carroll, witnessed the signing of a Memorandum of Understanding (MoU) between Monash University and Sheba Medical Center in Tel Aviv, Israel. The MoU aims to foster research and development of more inclusive healthcare systems and MedTech manufacturing prospects in Victoria.
The Australian government will provide approximately AU$ 200,000 to Monash University’s Victorian Heart Institute in support of the MoU. The funding will facilitate access to cutting-edge technology, accelerate the adoption of new treatments for cardiovascular diseases, and help combat one of the leading causes of mortality worldwide.
The largest university in Australia, Monash University earned the title of the world’s best in Pharmacy and Pharmacology in 2022, becoming the first Australian institution to achieve this distinction. Meanwhile, Sheba Medical Centre acknowledged as one of the top hospitals globally has gained expertise in artificial intelligence (AI), robotic surgery, digital imaging and telemedicine. These capabilities were established through its in-house innovation hub.
This partnership is anticipated to improve the delivery of healthcare in Victoria and create opportunities for local companies to generate employment in MedTech research, manufacturing, and export.
Australia has extended support to various significant MedTech initiatives, including the Australian Medtech Manufacturing Centre (AU$20 million), mRNA Victoria, and MedTech startups through LaunchVic and the Breakthrough Victoria Fund. Victoria’s MedTech sector contributes AU$ 21.4 billion in revenue, AU$ 3.5 billion in exports and sustains around 31,400 jobs.
The Minister for Industry and Innovation expressed his approval of the partnership between Monash University and Sheba Medical Center, citing its potential to attract more investment to Victoria’s MedTech sector and enhance healthcare for Victorians.
The Minister for Health remarked that partnering with a global leader in digital health innovation such as Sheba Medical Center presents an excellent opportunity for Victoria.
The Deputy Vice-Chancellor of Monash University highlighted the institution’s history of translating research into practical applications, underscoring that the partnership is another step towards improving health outcomes through the integration of research and translation.
The Director-General of Sheba Medical Centre stated that that the partnership aims to advance healthcare and promote economic growth while shifting the future of medicine towards prevention.
The Medical Technology market is expected to generate revenue of approximately US$579.40 billion by 2023. The largest segment of the market is Medical Devices, which is projected to reach a market volume of US$470.60 billion in 2023. Despite a regression in revenues in 2020 due to decreased routine medical treatments apart from COVID-19 treatments, the market has bounced back strongly in 2021. The market is expected to exhibit an annual growth rate of 4.91% between 2023-2027, resulting in a market volume of US$701.90 billion by 2027.
The increasing prevalence of chronic diseases and the emphasis on early diagnosis and treatment by healthcare agencies are among the factors driving growth in the medical technology market. The Medical Technology market is essential to the healthcare sector, with a focus on diagnosing and treating health problems, conducting genetic research and improving physical mobility. Its multifunctional usage and health improvement attributes make it a key player in the industry with steady growth.