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Tech News

15-09-2017
Innovation and Technology Venture Fund

The Government has launched the Innovation and Technology Venture Fund on 15-09-2017. It is now open for application by venture capital funds to become co-investment partners (Deadline: 15-01-2018). A briefing session will be held on 03-10-2017 at the Hong Kong Science Park. Interested venture capital funds are welcome to attend.

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15-08-2018
Strong occupational health & safety programs can provide a business advantage for MNCs in the India Market

Only 20% of India’s 465 million strong workforce are covered by the country’s existing health and safety legal framework. This is despite the high level of infectious diseases, and non-communicable diseases (NCDs) which account for an economic burden in India in the range of 5% to 10% of gross domestic product. Revealed in the latest International SOS and Enhesa white paper, ‘Investing and Operating in India; The Occupational and Workplace Health Risks from a Compliance and Duty of Care Perspective’, the report provides insight into the occupational and workplace risks and challenges faced by foreign organizations operating in India and best practices for success in the region.Dr Rahul Kalia, Medical Director at International SOS comments, “As India is increasingly becoming a preferred business location for multinational corporations, it is imperative for organizations with growth ambitions to implement and maintain effective health and wellness programs in the environment of variable healthcare standards. In doing so, employers can tackle major absenteeism and presenteeism trends, which impact productivity and profitability, in an indirect but significant way.”Dr Kalia continues, “Non-compliance with the regulatory framework and safety provisions in India can result in large financial penalties, and even imprisonment. However, some companies have understood the challenges of the environment and turned it into a competitive advantage.”Identifying the key healthcare trends, the paper highlights that both infectious and non-communicable diseases pose a significant threat to employee health and wellbeing. Cardiovascular diseases, cancers, chronic respiratory diseases and diabetes are estimated to account for 60% of all deaths. Cardiovascular diseases specifically are among the leading ten causes of adult (25 to 69 years) deaths. Furthermore, NCDs account for about 40% of all hospital stays and roughly 35% of all recorded outpatient visits.This is alongside the existing and traditional occupational health and safety challenges, such as accidents, pneumoconiosis, musculoskeletal injuries, chronic obstructive lung diseases, pesticide poisoning, noise-induced hearing loss and infectious diseases. In addition, violence in the workplace is a prominent concern for organizations.President of The Employers' Federation of India, Vineet Kaul, says, “Over the past few years, the country has seen several changes in its economic and environmental conditions, and businesses are required to adapt to these changes. While significant progress has been made, healthcare trends in India have been and remain consistent with challenges other emerging countries face. The magnitude and complexity of the workforce required to drive economic growth makes it imperative for emerging economies to focus on occupational health as an integral part of corporate growth strategies.”As well as the requirement to maximize productivity, risk avoidance and sustainability are also at stake. The paper outlines the key workplace, health and welfare regulations with which organizations need to comply, as well as best practice from a Duty of Care perspective. It also suggests a framework of regulations, requirements and best practices for overseas organizations to protect their workforce and improve productivity in the region.Tjeerd Hendel-Blackford, Head of Thought Leadership at Enhesa, states: “As a result of the many challenges relating to employee wellbeing, most standard medical emergency management strategies are difficult to implement in India. Taking a proactive approach to managing occupational health challenges will mitigate risks to employees, demonstrate a commitment to Duty of Care and support sustainability goals and reporting.”The paper, which also includes case histories, is available here.

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15-08-2018
The Korea Association of Regional Public Hospital collaborates on blockchain-based medical information business

HEX Innovation Ltd. forged a strategic alliance with The Korea Association of Regional Public Hospital (hereinafter referred to as “KARPH”) and TPLUS for application of blockchain technology in medical information. Partnership was made for the growth of blockchain-based medical information industry as well as establishment of best practices in relative industry.Based on the blockchain technology of Hex Innovation Ltd., the agreement will focus on three major fields of cooperation and joint research; (1) Joint research and development of the platform for application of blockchain technology for medical information, (2) Development and implementation of blockchain platform for medical information and radiation dose information, (3) Mutual information exchange and cooperation for successful development of the platform.Since TPLUS has competitiveness of joint research and clinical data analysis such as health information exchange, radiation dose management, medical certification service while HEX Innovation Ltd. has a blockchain platform technology capability, KARPH emphasized that the partnership will be synergistic in developing the application of blockchain technology of various medical information.An official of HEX Innovation Ltd. said, "We will create best practices for blockchain-based businesses by expanding the business scope of the healthcare market in all directions as well as enhancing competitiveness through continuous strategic cooperation and network sharing among the three companies with international capabilities."Beginning with the agreement focusing on Asian countries, HEX Innovation Ltd. plans to expand its blockchain based business to worldwide by identifying and spreading promising medical information business.HEX Innovation Ltd. is currently conducting private sales until Aug 31 and plans to launch the public ICO starting from mid-September, under the slogan ‘Health Evolution on X.blockchain (HEX).’

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15-08-2018
IDC: Strong public private collaborations required to achieve Malaysia’s Vision 2020/25

IDC ASEAN is calling for the new government to focus on public-private collaborations to achieve Vision 2020/25. As the initial Vision 2020 set higher goals to transform the country’s society and economy, the public sector needs to step up in setting the direction and planning towards building a balanced ecosystem through collaborations and creating an advanced economy.Since Malaysia’s independence in 1957, the nation’s economy has diversified from agriculture and commodity-based to developing robust manufacturing and services-based sectors. In the 80’s, the technology sector was identified as outperforming most other sectors of the economies by driving the country GDP. Earlier this year, IDC revealed that Malaysia’s IT spending is expected to reach USD 10 billion by end of 2018, with 70-75% of that still in hardware. However, the investment in digital infrastructure, software, and expertise are the fundamental areas for public sector to focus on to bridge the digital divide and drive the economic growth towards Vision 2020/2025.“As the nation aims at establishing a scientific and progressive society, this requires the most cutting-edge research, innovations and technologies for us to achieve these goals. Ultimately, the public sector should start considering how the ICT industry can fully benefit from the “digital economy” as well as create economic areas of new growth whether in jobs, sectors or physical locations. A joint effort between the public and private sector will create the foundation to increase the GDP, foreign investment, technological experience and expertise in the country”, said Sudev Bangah, Managing Director, IDC ASEAN.Randy Roberts, Research Director IoT and Telco, IDC Asia Pacific added, “Malaysia is one of the countries that has organically been moving towards being extra opportunistic in the utilization of ICT. The new government should implement new ways to achieve the vision especially in areas of research and development, infrastructure and science and technology (S&T). We have to start identifying how emerging technologies, or IDC’s “innovation accelerators”, such as Augmented and Virtual Reality (AR/VR), Cognitive/AI Systems, Next-Gen Security, Internet of Things (IoT) and Robotics can create new value for Malaysia to be on the same footing as other developing countries.”To date, there have been progressive initiatives from the government to achieve the country goals especially with the recent proposal to include the right to internet access in the Federal Constitution. Initiatives such as this will directly drive the digital economy and Gross Domestic Product (GDP) of the country and create more engaged and connected citizens. Although Malaysia is still ahead of most developing countries in digital readiness, the government should set an aggressive objective to be equivalent to leading countries in the region such as South Korea and Singapore.According to IDC’s Market Perspective: Nations and Internet of Things: A Comparative Assessment , Malaysia is ranked number 8 out of 13 Asia Pacific countries in terms of IoT Readiness based on nations’ gross domestic product (GDP), government effectiveness, innovation, Internet of Things (loT) spending and lCT spending. Therefore, IDC urges the expansion of wired and wireless broadband networks to provide improved internet access for consumers as well as local enterprises in Malaysia as all groups will benefit from the growth in online services such as e-commerce, online banking and real-time news and information.This year, Malaysia slipped three spots to 27th from 24th in the World Digital Competitiveness Ranking, 2018. Therefore, IDC believes that public-private partnerships are imperative and public sector organizations should invest in building essential digital skills and knowledge to bolster the overall ICT industry and seek opportunities to collaborate with the private sector to help the nation in achieving Vision 2020/25.

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14-08-2018
CLOUDSEC Hong Kong explores new threats and defenses

Trend Micro yesterday gathered more than 400 security experts in Hong Kong to share the latest trends in internet security

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14-08-2018
What is digital trust?

Chief security officers should play a key role in building trust with their organization's customers

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14-08-2018
Microsoft may add multi-session remote access to Windows 10 Enterprise

Microsoft may be close to offering multi-session remote desktop access to Windows 10 Enterprise, allowing for as many as 10 simultaneous connections

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14-08-2018
Does Facebook even need a CSO?

The departure of Alex Stamos as Facebook's CSO has raised questions about the company's move from a centralized to a distributed security model

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14-08-2018
Johnson & Johnson launches Seoul Innovation QuickFire Challenge: Robotics & Digital Surgery

Johnson & Johnson Medical Korea Ltd. and Johnson & Johnson Innovation yesterday announced the launch of the Seoul Innovation QuickFire Challenge: Robotics & Digital Surgery in collaboration with the Seoul Metropolitan Government and Korea Health Industry Development Institute (KHIDI). The challenge invites innovators from around the world -- including start-ups, entrepreneurs, academics, scientists, and biotech researchers -- to submit ideas for robotics and digital health solutions with the potential to help surgeons and their patients. The global competition also aims to help build a digital ecosystem in Korea and around the world where technologies enhance surgical performance, educate surgeons, and guide patients through to full recovery. Up to two winners will receive up to KRW 150,000,000 (~ US$134,000)1 in total grants, one year of residency at the Seoul Bio Hub, one year of mentorship and coaching from experts in science and commercialization at the Johnson & Johnson Family of Companies, and access to the JLABS global entrepreneurial community."The surgical robotics industry is growing fast, and the global market for the industry is expected to reach $12.6 billion by 2025. Korea is an emerging leader in medical device innovation with tremendous potential in the areas of robotics and digital healthcare," said Dan Wang, Head, Johnson & Johnson Innovation, Asia Pacific. "The Robotics & Digital Surgery QuickFire Challenge is a global call for submissions through which we aim to identify great ideas that can make a long-lasting and global impact."The QuickFire Challenges, launched by JLABS – the no-strings attached incubators of Johnson & Johnson Innovation – seek to empower and enable groundbreaking science and health solutions by encouraging students, entrepreneurs, researchers, and start-up companies, etc. to apply. The Robotics & Digital Surgery QuickFire Challenge will focus on the following innovation areas:Pre-op: Apps, Wearables, Planning Software Intra-op: Robotics, Visualization, Neuromonitoring, Imaging Post-op: Sensors, Wearables, AppsApproximately five billion people around the world do not have access to safe surgery. While patient outcomes in surgery have improved over the past decade -- driven by better materials, implant designs, and surgical techniques -- major obstacles still need to be addressed. Surgical patients continue to experience major discrepancies in success, including a 20-40% rate of failed back surgery syndrome (FBSS). Inconsistencies in surgical training and high rates of burnout among orthopedic surgeons are some of the factors contributing to variations in patient outcomes."At the Johnson & Johnson Medical Devices Companies, innovation drives what we do, and the launch of the QuickFire Challenge provides us with a unique opportunity to further improve the standard care for patients and surgeons through collaboration with innovators in Korea and around the world in the discovery and development of digital and robotic surgery solutions." said Euan Thomson, Global Head R&D, Johnson & Johnson Medical Devices Companies.The challenge aims to improve robotics and digital surgery by combining Johnson & Johnson Innovation's unique vision for collaboration in an open innovation model with the Seoul Metropolitan Government's efforts to drive innovation and commercialize its research outcomes; KHIDI's focus on identifying and solving critical problems within the ecosystem with healthcare research and innovative solutions; and Seoul Bio Hub's ability to foster and accelerate the development and commercialization of early-stage life-science solutions in the start-up community."Advancing technology is a tremendous opportunity that can lead the industry to dramatic improvements. An enhanced digital ecosystem will contribute to better surgical outcomes by advancing disease prediction and prevention, and improving personalized treatment and treatment efficiency," said Jae Yoo, Area Managing Director, Johnson & Johnson Medical Devices, North Asia. "Through the QuickFire Challenge, we hope to find solutions that will accelerate the progress of robotics and digital surgery in Korea and globally."The announcement marks the second QuickFire Challenge in Korea, following the launch of the first Seoul Innovation QuickFire Challenge in August 2017. The deadline to submit is October 5, 2018. For more information about the Robotics & Digital Surgery QuickFire Challenge (including the terms and conditions of entry), please visit: http://jlabs.tv/robotics 1 From the KRW 150 million grant, each winner will receive a KRW 70 million cash award and a KRW 5 million free space voucher which must be used toward the rent and utilities at the Seoul Bio Hub for a year

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14-08-2018
Shopmatic offers marketers shortcut to its e-commerce platform

Singapore-based Shopmatic has introduced a new initiative that it hopes to encourage businesses to grow their online presence, as well as to foster entrepreneurship in Singapore.Going onlineThe “Inspiring Entrepreneurship” program will gain access to the company’s Shopmatic Pro solution, which consists of a customizable store builder with payment gateway integration and shipping and logistics integration.Marketers also gain access to data insights through the platform, including relevant marketing tools, all for the cost of SG$10 (US$7.20) for the first six months.The e-commerce company was founded to help business owners sell their products and services online. The Shopmatic platform is tailored for developing markets, and also helps users to list their products on online marketplaces such as eBay, Amazon and Lazada.“The idea of this program is to cultivate and foster an entrepreneurial spirit amidst retailers, individuals and businesses in Singapore regardless of their background. By reducing the investment to set up their stores to $10 during this campaign period, we hope to give these entrepreneurs and businesses a big nudge to create and grow their presence online,” said Avula Avula, Co-Founder and CEO of Shopmatic.“We are also running programs for entrepreneurs across our other markets – Hong Kong and India to help make it even easier for merchants to go online with Shopmatic Pro – and the response has been significant and extremely encouraging,” he said.First launched in India, Shopmatic quickly expanded to Singapore and Hong Kong. With plans to enter other Southeast Asian markets like Indonesia, Malaysia and The Philippine, Shopmatic says it is poised to enter 20 markets by 2020.It points to the e-Conomy SEA Spotlight 2017 report released by Google and Temasek that pegged the growth of the Internet economy in Southeast Asia at US$88.1 billion in 2025, up from $10.9 billion in 2017.Further reading:Mobile and timing are crucial for enhanced online salesOrchestrating an offline-online retail experienceSingles’ Day highlights value of online to offline integration Caption: Image credit: iStockphoto by Getty Images

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13-08-2018
CMHK completes 5G network testing

China Mobile Hong Kong has completed end-to-end 5G network testing, while recent research has found that Hong Kong has a 4G coverage of just over 90%

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13-08-2018
What is CRM? Software for managing customer data

Equal parts strategy and technology, customer relationship management (CRM) is about using data to understand your customers—and boost sales

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13-08-2018
Most common interview questions for IT professionals

Got an IT job interview coming up? Here’s how to prepare

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13-08-2018
Cisco and Arista settle long-running legal battle

Arista has agreed to pay Cisco US$400 million to settle litigation between the two companies

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13-08-2018
Grab and NUS open AI Lab to transform SEA’s cities and transportation

Grab, one of the most frequently used online-to-offline (O2O) mobile platforms in Southeast Asia, and the National University of Singapore (NUS) launched an artificial intelligence (AI) laboratory on 18 July 2018 to develop solutions to transform urban transportation and pave the way for smarter cities in Southeast Asia. The Grab-NUS AI Lab, which has been set up with a joint initial investment of S$6 million (~US$4.4 million), is Grab’s first major AI laboratory and NUS’ first AI laboratory with a commercial partner.Anchored at the NUS Institute of Data Science, the Grab-NUS AI Lab will leverage data from the Grab platform to solve complex, real-world challenges in Southeast Asia. Having facilitated more than 2 billion rides, Grab’s vast troves of data provide deeper insights into how cities across Southeast Asia move today. By combining the data with NUS’ research expertise in the field of AI, and under the supervision of senior Grab research scientists and NUS faculty members, the Grab-NUS AI Lab will map out traffic patterns and identify ways to directly impact mobility and livability of cities across Southeast Asia.Minister for Education Ong Ye Kung witnessed the signing of the Research Collaboration Agreement between NUS President Professor Tan Eng Chye and Anthony Tan, Co-Founder and Group CEO of Grab. He also officiated at the launch ceremony and visited the laboratory. The Grab-NUS AI Lab will focus on improving the efficiency and reliability of transportation on the Grab platform in Southeast Asia’s cities at first, but will expand to research on the larger challenges facing cities in Southeast Asia, such as congestion and livability of cities. Researchers at the Grab-NUS AI Lab intend to create a robust AI platform for large-scale machine learning and visual analytics that can develop novel applications from Grab’s massive data set. For example, assisting transport authorities in monitoring and optimizing traffic flow. The laboratory will also focus on developing algorithms with the goals to:Better serve passengers with smarter and more personalized services, based on insights into their needs, intentions and preferences Match drivers to the jobs they prefer and improve driving safety through better understanding of driver behavior Detect traffic events and anomalies in real-time and improve urban traffic flow Improve precision and accuracy in mapping pick-up points and localizing moving vehicles to help passengers and drivers get from point to point with greater ease and efficiency. NUS President Professor Tan Eng Chye said, “NUS is very excited to be a partner of Grab’s first major AI Lab. The Grab-NUS AI Lab is an excellent collaborative effort where NUS researchers will work closely with Grab data scientists to create unique AI innovations based on insights relevant to Asia and the world. This is also a great opportunity for our researchers and students to make a real-world impact through our research in data science and AI. Over time, we hope to build a healthy pipeline of well-trained and experienced data scientists and AI researchers for Singapore and beyond.”Grab Co-founder and Group CEO Anthony Tan said, “Grab has a bold mission to solve Southeast Asia’s most complex challenges, especially the congestion that stifles our cities. We have come a long way and are now improving lives with an unmatched reach and depth of data on millions of routes, journeys and points of interest. The AI Lab will harness the power of Grab’s data and machine learning with research and talent from a world leading institution, to become a valuable tool for governments who are bringing smarter transport to their cities in Southeast Asia.”Anthony revealed how the insights from the Grab-NUS AI Lab, could make a difference for Singapore starting today: “Data from our Grab platform can map out the traffic patterns and evolution in mobility for cities across Southeast Asia. For example, our data shows that travel time from Newton to Tanjong Pagar can be drastically improved today. If this route would be better served by more shared transport solutions, such as buses, trains, GrabShuttle, GrabShare or GrabHitch, we could bring travel time during peak hour down by 1/3rd or from 40 to 28 minutes. I look forward to working with governments to turn the data from the Grab- NUS AI Lab into solutions.”The AI Lab will also contribute to local AI talent development through the training of PhD students that will be enrolled at NUS. Supported by the Singapore Economic Development Board (EDB), the PhD training program will allow students to not just build the relevant skills, but also apply them to real world challenges through the Grab platform. The Grab-NUS AI Lab is located in the innovation 4.0 building situated on the NUS Kent Ridge campus and will be home to 28 researchers working on various AI projects.

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13-08-2018
AWS equips The Girls’ Brigade Singapore with cloud computing education to create new community services

Amazon Web Services (AWS), an Amazon.com company, recently announced a collaboration with The Girls’ Brigade Singapore (GBS) to equip its 3,600 members with cloud computing education to help prepare them for the new digital economy, and to inspire them to develop technology solutions that could better serve the lonely, elderly, needy, and those with special needs in their communities. The announcement was made at the annual Girls Brigade Friendship Day (GBFD) Carnival on 14 July, where GBS Patron, President of the Republic of Singapore Halimah Yacob, was present as the Guest-of-Honor among an estimated 1,500 guests.Established in 1927 to serve the community in Singapore and beyond, GBS works to holistically develop girls aged 5 to 18 years in the areas of leadership, character, and values development, encouraging them to render service in the home, school, community, and nation. As part of their approach, GBS leverages technology, such as AWS services, to empower girls to embrace cloud technologies to inspire them to serve through innovation, prepare them to be digitally ready for further technical education and employment opportunities with the top jobs in the workforce, and equip them with new and relevant skills.Announced in conjunction with the event was GBS’ new technology-enabled learning initiative Digital Serve (D-Serve). GBS draws on content and expertise from the AWS Educate program for its members and officers to learn the latest cloud computing skills, including artificial intelligence and machine learning. AWS Educate, a global program of AWS, provides learning content, resources, and AWS Cloud service credits for students and educators to gain hands-on experience in cloud computing.Under this program, members of GBS will undergo up to 8 hours of instructor-led classroom training with experiential applied learning and practice. In the classes, members will learn the basics of cloud computing, and the concepts of artificial intelligence and machine learning, including the design of voice-enabled solutions before acquiring practical experience with AWS service credits to build useful solutions for local communities. This means they can learn to make apps and technology solutions that could benefit the community.Upon completion of the program, the members will receive the AWS Educate explorer badge, powered by AWS Educate. The launch of this badge marks the first time AWS has offered such an accreditation with a uniformed group in Singapore.Evangeline Chong, Brigade Commissioner, Girls’ Brigade Singapore, said, “The GB90 vision is to help girls Grow and Go beyond – Extend ● Serve ● Lead. We are pleased to be partnering the various digital and education institutions to align GBS with the national movement of being a Smart Nation, by leveraging on technology to improve our serve, being digitally ready for the future of the work and equipping our girls with new and relevant skills.“We commend the leadership of GBS, who have shown vision and wisdom to encourage their members in learning digital skills that will help them develop innovative and practical solutions for their communities,” said Vincent Quah, Regional Head of Education for Asia Pacific and Japan, AWS. “We are honored to be serving Singapore through the AWS Educate program. By empowering the girls of the GBS, and the young generation with cloud computing skills, we are building a future-ready workforce together, which is critical for Singapore’s economic growth as the nation develops innovation-driven economy.”

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CyberLink Vol.118 July 2018

Digital Silk Road spotlighted at the Belt and Road Summit

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CyberLink Vol.117 June 2018

Cyberport's Smart-Space 8 in Tsuen Wan is open for online application

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CyberLink Vol.116 May 2018

Message from CEO

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