February 24, 2024

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Taiwan Urges Wider Use of Industrial AI

Taiwan’s Bureau of Foreign Trade, Ministry of Economic Affairs (BoFT, MoEA) has planned to develop global artificial intelligence (AI) industrial trends by utilising its prominent information technologies and semiconductor industries.

BoFT MoEA together with Taiwan External Trade Development Council (TAITRA) and Information Service Industry Association (CISA) has encouraged Taiwan’s information and technology companies to keep on research, development and innovation amid the COVID-19 pandemic.

The AI market is expected to grow in the next few years. The global AI market is estimated to grow at a compound annual growth rate of almost 21% between 2021 and 2025 with a value amounting to approximately US$76.44 billion (RM319.48 billion).

COVID-19 has sped up the digital transformation process and now more digital solutions are being widely used. By speeding up digital transformation, corporations can then grow and make profits. We are working closely with the international association and looking forward to exporting Taiwan’s excellent ICT solutions and working together with everyone to develop business opportunities.

–  Brian Chen, CISA Chairman

The MoEA has assisted businesses in undertaking digitalisation and promoting excellence in Taiwanese brands and products. The Taiwan Excellence Award honours Taiwan’s most innovative products every year. Products carrying this symbol have been selected based on their excellent performance in research and development, design, quality and also marketing.

Many Taiwanese AI companies have applied AI in the healthcare, manufacturing and remote education sectors. An AI company showcased an AI-assisted diagnostics software that helps in the early detection and treatment of diabetic retinopathy, while another company has introduced its cloud that provides Omnichannel contact, AI enables chatbot, and customer relationship management to help enterprises in digital transformation.

Another company has presented an AI auto-tracking camera to enhance the distance learning experience, and FETC International introduced its Ai Vehicle Recognition Solution that integrated with the AI AVC system to monitor vehicle access control. On the other hand, a digital health company presented its care recipient monitor solution which can monitor patient’s daily activities and alarm urgent attention.

Beyond sparking a scientific and technological revolution, AI will fundamentally transform human life and industry and create boundless business opportunities. Capitalising on this wave, the Taiwanese government rolled out the AI Taiwan Action Plan to sharpen Taiwan’s advantages, prioritise innovation and real-world implementation, and develop software and hardware in tandem, thereby injecting greater momentum into Taiwan’s industries.

Efforts to build AI into a comprehensive industry will be guided by the principles of deregulation, open access and technology investment, all with the aim of propelling Taiwan into the ranks of the world’s leading smart nations.

Taiwan has utilised AI in various fields, including agriculture. As reported by OpenGov Asia, The Taiwanese government has combined Taiwan’s advantages in planting technology with the IT industry by introducing Artificial intelligence technology to transform Taiwanese farms into standardised production and a competitive agribusiness in the global market. ​

For example, the total dragon fruit farm areas in Taiwan have exceeded over 3,000 hectares, but the output is still less than in many other countries.  To solve the issue for dragon fruit farmers, the Industrial Development Bureau (IDB) of the Ministry of Economic Affairs (MoEA) of Taiwan, the promoter of smart applications and technologies, has joined forces with Pingtung county government and a Taiwanese communications company to establish a smart demo field in Taiwan’s largest dragon fruit farm.

Under the joint efforts of the Smart City Taiwan Project initiated by the Industrial IDB of MoEA and the Pingtung county government, the digital twin model for dragon fruits has been introduced into two Taiwanese farms. If this planting solution is adopted by more and more farms in Pingtung County, the output value of the farms will reach NT$300 million (US$11 million). Thereby enhancing the market competitiveness of agricultural products and providing a lot more income for farmers.

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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