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Taiwan Highlights Key Tech Sectors to Drive Post-pandemic Economy

The post-pandemic world is entering a period characterised by restructuring and consolidation. Taiwan’s Ministry of Science and Technology (MOST), with the backing of Academia Sinica, the Ministry of Education and the Ministry of Health and Welfare are focused on six key strategic industries: IT and digitisation, cybersecurity, precision healthcare, renewable and sustainable energies, national defence and strategy, as well as civilian affairs and military preparedness.

With the rising popularity of the 5G infrastructure, asset security will be the next global battlefield. The synergy between Artificial Intelligence (AI), Internet of Things (IoT), cloud and many other emerging technologies related to 5G is yielding a plethora of innovative cross-domain applications. With the popularity of 5G, asset security has become a critical issue that cannot be ignored.

Healthcare and technologies join hands to pave the way for the rise of precision healthcare. As the ageing society is creating a growing demand for medical services and management of chronic diseases, precision healthcare has become an irreversible trend worldwide. A number of leading medical institutions are utilising advanced technologies to enhance their smart healthcare and smart hospital services.

Taipei Veterans General Hospital President said that he intends to make smart healthcare the centrepiece of the next stage of development at the hospital, with the goal of reaching a peak utilisation of cutting-edge technologies that combine precision healthcare and big data.

Science and technology help improve military power by speeding up the transformation of the defence industry. When it comes to defence and strategy, Taiwan has accumulated substantial experience as a result of having developed the FORMOSAT-5 satellite and the FORMOSAT-7 satellite constellation, in combination with its existing complete supply chains and manufacturing capabilities in the semiconductor, information communication electronics and precision machinery sectors

These technologies assure Taiwan an ongoing capability to develop and manufacture satellites, as well as serving as an important R&D and manufacturing base for global satellite components, ground communications, ground terminals and other equipment.

Taiwan has long held an edge in display technology, and the sector is an economic powerhouse. To take full advantage of the nearly limitless opportunity presented by internet-connected devices and application services, and position display technologies and related applications as the engine for Taiwan’s next wave of economic growth, the government has released an action plan for display technologies and applications covering the years 2020 to 2024.

This strategy will move the sector beyond mere displays toward the 2030 vision of a smart-tech lifestyle incorporating emerging display technologies and applications, thereby keeping Taiwan’s advanced tech industry at the global forefront.

Three are three essential Taiwan tech strategies:

  • Encourage demonstration applications and field testing: Drive domestic demand by building demonstration sites for exemplary solutions incorporating domestic products. Build Taiwan into the world’s top supplier of display technology products and solutions by 2030.
  • Develop new capabilities for smart technology: Develop emerging technologies like intelligent sensors, online-offline convergence, and cybersecurity, as well as advance new technology through multidisciplinary cooperation. Elevate Taiwan’s international competitiveness and position on the value chain by producing a range of specialised and differentiated products by 2030.
  • Build an environment for industrial development: Construct communications mechanisms and experimentation platforms for smart retail, smart transport, smart health care and smart entertainment. Nurture new talent capable of synthesising multidisciplinary research to create future-oriented display technologies and innovative applications, and promote cooperation with international counterparts.

Taiwan researchers have been inventing novel advanced technologies, including a bendable water-enabled portable power bank — a device that generates power from a few drops of water. As reported by OpenGov Asia, a team from the National Taiwan University of Science and Technology said that the gadget utilises membrane technology to generate electricity from water.

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.

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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. 

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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.