February 29, 2024

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Taiwan Promotes 5G AIoT Innovation Park

The third consultation meeting for Asia New Bay Area 5G AIoT Innovation Park was held at the Ministry of Economic Affairs (MOEA) which highlighted the most recent inter-ministerial communication achievement in the development of the innovation park, smart facilities, start-up linkages, field applications, talent nurturing and industrial clustering.

It was reported that as of the end of 2022, Asia New Bay Area 5G AIoT Innovation Park has attracted domestic and foreign investment, generating over a billion in production value. Some big corporations have opened offices in Kaohsiung. Three foreign accelerators and 95 start-ups have also joined the innovation park to form part of the 5G AIoT entrepreneurial ecosystem in the Asia New Bay Area.

The Industrial Technology Research Institute (ITRI) and the Metal Industries Research & Development Centre (MIRDC) partnered to help local prominent firms move to 5G AIoT. This agreement fosters talent flow to southern Taiwan and promotes industry innovation upgrades, positioning the region as a leader in next-generation tech applications.

According to Deputy Minister Chern-Chyi Chen, the innovation park is the most comprehensive 5G AIoT implementation site in Taiwan, with the highest investment. The year 2022 proved to be a highly fruitful year because of the inter-ministerial team formed by MoEA that integrated and negotiated central and local government resources.

The 5G AIoT ecosystem successfully landed in Kaohsiung to conduct thirty-six novel field validations on the local level. Since 2021, the number of start-up teams in residence has doubled because of linking start-ups. This demonstrates that 5G AIoT Innovation Park has evolved into the optimal environment for start-up teams to establish new businesses.

The Asia New Bay Region benefits from exceptional industrial and transport characteristics. MOEA will continue to partner with other government agencies and domestic and international businesses to promote the development of the Asia New Bay Area Innovation Park and foster digital upgrades and transformation in southern Taiwan’s sectors.

Deputy Mayor of Kaohsiung Tao-Sheng Lo asserts that the Innovation Park has tremendous potential as a demonstration site. To entice manufacturers, the government of Kaohsiung introduced the incentive, which provides interest, property tax, and wage subsidies to help enterprises gain a foothold.

In turn, this stimulates the innovation park’s growth. Together with the central government, the Kaohsiung City Government will establish the largest 5G demonstration site and digital transformation hub in Taiwan.

It also provides administrative help and full service to all application sites. This support is intended to entice more enterprise partners to join Kaohsiung’s digital transformation and collaborate on the city’s future economic and industrial growth.

The Asia New Bay Area 5G AIoT Innovation Park highlights achievements resulting from the efforts and collaboration of the federal, state, and local governments with the industrial and research sectors. Under MOEA’s “A+ Industrial Innovation R&D Programme,” significant progress has been made in the expansion of industry clusters.

The Asia New Bay Area 5G AIoT Innovation Park will continue to integrate government and industry resources, concentrating on the local petrochemical, maritime, and digital entertainment sectors.

It will also connect domestic and international corporations with start-ups to create a large number of domestic corporations in the 5G AIoT supply chain. The initiative to transform and upgrade the industrial structure of southern Taiwan will increase its international competitiveness.

The city government of Kaohsiung has announced the start of the “Asia New Bay Area Plan 2,” which would work with the central government to form economic clusters and serve as a gateway for businesses to internationalise.

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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.

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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.

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