February 25, 2024

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Promoting Talent Development and Industry-Academia Research Synergy in HK

Image Credits: HKUST, Press Release

The Hong Kong University of Science and Technology (HKUST) signed a Memorandum of Understanding (MoU) to enhance collaboration on research and talent development with a China-based shipping company. The agreement was witnessed by HKUST’s President and signed by HKUST’s Provost and an executive from the partner organisation. The MoU aims to promote joint research, commercialisation of research findings, and the development of human resources.

Under the agreement, HKUST will leverage its strengths to launch theme-based research, set up a laboratory, organize international academic forums and industrial development conferences to promote synergy among the industry, academia and research, and to advance frontier scientific research spanning artificial intelligence, advanced materials, new energy, biomedical science, fintech, digital economy, carbon-neutrality, and high-end testing and inspection, creating a win-win collaboration.

HKUST plans to incubate sizable innovation and technology companies by facilitating knowledge transfer and collaborating on joint research with the partner organisation. The university will receive support from the company on technology development platforms, investments, financing, commercialization, and incubation services. In addition, the partner organisation will assist in organising innovation and entrepreneurship competitions, conferences, and technology exhibitions to build an innovation and technology ecosystem.

As part of the collaboration, HKUST students and graduates will have the opportunity to pursue internships and employment with the partner organisation based on their business development needs. Meanwhile, HKUST will offer various training programs to support the continuous professional education of the partner organisation’s executives.

HKUST President stated that the University is excited to collaborate with the company leveraging their business acumen and expansive network in tandem with the university’s world-class research capabilities. The partnership will provide HKUST researchers with the opportunity to commercialise their innovations while gaining insight into the operational challenges that arise when introducing new technologies to society.

This experience is vital to the application of frontier technologies and Hong Kong’s I&T development. The collaboration aims to create an ecosystem that promotes scientific research, knowledge transfer, and talent development, with a focus on bolstering Hong Kong’s reputation as an international I&T hub.

The company’s Chairman will further play role as a state-owned enterprise in Hong Kong, contributing to the city’s advancement into an international I&T hub. The aim is to further collaborate with internationally renowned universities like HKUST on joint research, commercialisation of research discoveries and attracting international top talents.

The HKUST Vice-President for Research and Development, HKUST Vice-President for Institutional Advancement, CMG Assistant to President and Head of President’s Office and other representatives also attended the signing ceremony.

Afterwards, the company’s delegation visited HKUST’s Chinese National Engineering Research Center for Control and Treatment of Heavy Metal Pollution (Hong Kong Branch) and Energy Institute to learn about the University’s research and development on water pollution control, energy storage and plastic upcycling, as well as its achievements in industry-academia-and-research collaboration and different research disciplines.

The collaboration represents a significant step in driving Hong Kong’s innovation and technology development. By leveraging the strengths of both parties, the partnership aims to establish an ecosystem that promotes scientific research, knowledge transfer, and talent development. The agreement’s focus on advancing frontier technologies such as artificial intelligence, advanced materials, and carbon-neutrality aligns with Hong Kong’s strategic priorities for I&T development.

The partnership will also support the continuous professional education of the partner organisation’s executives, which is vital for building the human capital necessary to achieve Hong Kong’s I&T ambitions. The partnership will foster a culture of innovation and entrepreneurship, creating a pipeline of skilled talent that will help Hong Kong maintain its competitive edge in the global I&T landscape. Overall, the collaboration between HKUST and the partnering firm a crucial step towards advancing Hong Kong’s position as a leading international I&T hub.

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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