February 26, 2024

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Taiwan’s Digital Strategy Internationally Recognised

Due to the pandemic and global digitalisation, Taiwan Tech Arena (TTA’s) global digital transformation strategy has its eyes set on key advanced industries in many foreign countries. TTA’s recent participation in the world’s biggest mobile industry and tech exhibition has brought the highest number of potential business partnerships with corporates from around the world. The tech exhibition went completely virtual focusing on 5G, remote medication, and satellite communication, Artificial Intelligence (AI), Internet of Things (IoT), and other digital technologies.

Living up to the expectation, TTA startups did an extraordinary job at both events. The 45 startups attracted 1,500 business contacts and meetings as well as over 70 collaboration offers from major tech companies. Such outstanding performance is an indicator of global recognition in Taiwan’s technology and startups’ competitiveness.

Ministry of Science and Technology (MOST) stated that the agency has initiated its global digital transformation strategy in response to the fast-paced growth of AI, 5G, and IoT digital technologies as well as to assist startups in overcoming impacts brought by the pandemic on global industries. Through Online Merge Offline (OMO) approach, not only can TTA startups smoothly transform and continue to shine at online international exhibitions, but it also empowers them to better position themselves in the ever-changing global markets.

In addition, another goal of the initiative is to create an inter-ministerial marketing platform to locate teams to represent Taiwan to join future international events as well as leverage networks of each ministry and organisation to further promote the Taiwan startup brand on a global stage. A total of 38 out of the 45 startups (over 80%) were offered collaboration opportunities with global enterprises proves the success and fruitfulness of the efforts.

A startup focusing on AI, deep learning, and biometrics sensing with applications in smart healthcare, smart transportation, fintech, and security has collaborated with more than ten multinationals in customised technology development.

An instant communication and interaction software developer known for its intuitive interface has established business in 24 countries in retail, banking, e-commerce for cosmeceuticals, physical exhibitions and online events, and social media platforms. The software developer established a partnership with the largest telecommunication provider in Nigeria, to develop chatbot technology.

Furthermore, several startups are in ongoing discussions with more international companies on potential business opportunities. TTA startups are able to engage potential customers that were previously out of reach and prove the international competitive edge of Taiwan. Besides continuing efforts in connecting Taiwan startups with the global ecosystems, this year TTA aims to boost the Taiwan startup brand by actively engaging in global strategic digital transformation and inter-ministerial collaboration.

As reported by OpenGov Asia, TTA aims to help Taiwan startups overcome the obstacles caused by the pandemic by actively leading startups to seize international business opportunities through digital connections.

Due to reduced operations or shut down in the global market due to the COVID-19 pandemic, TTA actively utilises digital connections to continually seize post-pandemic business opportunities for Taiwan startups. Although the pandemic has stalled face-to-face business meetings, it is also a turning point for developing digital service and technology.

TTA grasps this opportunity to embrace a new startup assistance model. Not only have online mentor office hours to ensure continuing support for the teams.  It has also compiled comprehensive relief resources for startups to respond to the pandemic.

Taiwan startups have gained worldwide recognition as five Taiwan startups have brought home four winning awards. Through a virtual networking platform, TTA also provides a gateway for global enterprises and investors to engage with Taiwan’s technology resources.

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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