In 2006, the Nintendo Wii started a new era of home fitness. And more recently with the advent of cloud and AI technology, home fitness is once again raised to new heights as professional online fitness services are becoming mainstream. While the COVID-19 pandemic continues to rage on across the globe, the world has seen virtual fitness programs become both a new reality for fitness enthusiasts and a new income source for fitness centers. Unsurprisingly, CES 2021 saw many businesses unveil their virtual fitness programs targeting this new market. Among them is Uniigym, a TTA-assisted startup with its own in-house developed AI cloud interactive fitness technology service. Uniigym boasts professionally designed fitness entertainment with a much lower barrier to entry and has attracted the interest of companies around the globe.
The technology development team of Chainsea Information Group independently established Ai3 in 2018. It combined AI, data analysis, CTI communication, CRM and other technologies to create the QbiAI Cloud, assisting various companies in implementing digital transformations for customer service and marketing.
Improving medical technology and better quality of life have led to longer average life expectancies around the world. According to a UN estimate, the average life expectancy of the global population in 2019 was 72.3 years, but may soon grow to 74.3 years in 2030. This positive trend however is an increasing strain to the healthcare systems of many countries. To maximize the utilization of progressively limited medical resources, development towards smart and precision medicine is inevitable, subsequently driving up demands for surgical navigation systems. Furthermore, even though minimally invasive surgeries are safer, require smaller incisions, and allow patients to recover in shorter period of time, its usage is limited to just some cases in neurosurgery, craniofacial surgery or ENT surgery, because the areas to operate are not accessible to the naked eye. In these cases, doctors still have to rely on traditional surgeries which require larger incisions. With the latest technology, nonetheless, it is now possible to perform minimally invasive surgeries using surgical navigation systems, which allow the surgeons to see 3D radiology images in real-time while their surgical instruments are guided by the system into the surgical site.
Being the only motorcycle OE among over 1,800 members of MIH, the electric vehicle consortium built by Foxconn. Taiwan's Aeon Motor is looking to find more opportunities through MIH to enter the market of micro-motor vehicles – a category of vehicles below 350 kilograms between a regular four-wheeler and a regular two-wheeler.
VNG, the first Vietnam-based unicorn that operates mobile communication App, online games, e-commerce, and cloud computing services, in 2017 signed an MoU with Nasdaq but has not yet applied for listing, this is because there is actually no rush for the company to undertake an IPO.
With the ability to immerse users and create convincing realities, extended reality (XR) has been wowing people since its introduction. Developments in recent years have not only matured the technology, but have also expanded its application from entertainment to commercial fields.
Having co-founded 500 Startups (later rebranded to 500 Global) in 2010, Christine Tsai (CT), CEO and founding partner of the company started out with a very different strategy from other venture capital firms in the Silicon Valley which were predominantly focused on the US market. She built a diversified portfolio in different industries and invests in founders across geographies and ethnic backgrounds and in emerging countries.
The number of newborn unicorns has again hit record levels in 2021, following a strong year in 2020. There are more than 800 unicorns around the world as of September of 2021. By geographic regions, the US still dominates in terms of the number of unicorns, followed by India and China, according to The Asia Banker.
For both normal corporate buildings and factories, the types of energy needed are diverse, such as water, electricity, oil, and gas. The energy costs account for a high proportion of operating costs. Therefore, the strengthening of management benefits using complete mechanisms is necessary for the operations of energy systems in corporations and parks. As a result, smart energy management systems have been gradually introduced. However, these smart platforms are mostly aimed at the management of a single energy type and cannot respond to the effects of interactions between different energy types. InSynerger offers 24-hour energy and electromechanical equipment cloud AI management which can help companies establish a unified management platform. The management system can display data from different energy equipment in a visual interface to the manager through the integration of on-premise equipment and cloud systems, making management easier and more efficient.
UnaBiz, a Singapore-based Internet of Things (IoT) service provider, has raised over US$25 million in its Series B funding round led by SPARX Group. The round was oversubscribed, with participation from CDIB, G K Goh and Thaioil, according to the UnaBiz.
Ever since Tesla launched the world's first self-driving car, the automotive and startup industries have been rushing to the development of self-driving technology, marking yet another science fiction invention turned reality. According to research from the Boston Consulting Group, the global self-driving car market is expected to reach US$42 billion in 2025, and the market size is expected to further double by 2035.
The recent surge of AI, 5G, and IoT technology has given rise to unprecedented levels of cyber threats that even target critical infrastructure and government. The severity of these threats has turned cybersecurity into a matter of national security for countries around the globe. To safeguard their digital assets, governments and enterprises have increasingly been investing in high IT security budgets year after year, which has led to the growth of the cybersecurity market. In fact, Gartner estimates that by 2023, the global cybersecurity market will reach US$168 billion.
As network infrastructures around the globe continue to mature, the declining cost of sensor components has given rise to a surge of Internet of Things (IoT) devices, which has itself become an important driving force for current global economic growth. According to research from the McKinsey Global Institute, the overall IoT market is estimated to reach US$4-11trillion by 2025. But behind the prospering business prospects lies the equally concerning problem of growing IT security threats. Currently, IoT devices have become a preferred target of hacker groups, who use them as a convenient relay to launch volumetric and distributed denial-of-service (DDoS) attacks to demand ransoms or achieve specific political objectives, posing an unprecedented threat to businesses or countries.
The 2021 Taipei Innovation Summit, organized by the Taipei Entrepreneurs Hub under the guidance of the Taipei City Government Department of Economic Development, took place from September 16-17, 2021. The summit was themed "Navigating Through Taipei's Digital Transformation" and invited startup companies to join the discussion on the two topics of financial technology and e-commerce logistics. The virtual webinar attracted 1,100 people over the summit's two-day duration.
Against the backdrop of nonstop technological advancements, smart energy has become a key policy for governments and enterprises around the globe. However, despite years of development, there is still room for improvement in the three major areas of innovative energy solutions: generation, storage, and conservation. A team led by Cheng-Chien Kuo, chair of the Department of Electrical Engineering at National Taiwan University of Science and Technology (Taiwan Tech), has been using AI and various information technology (IT) tools to help government agencies, factories, enterprises, households and other users track their electricity information more accurately and allow for the formulation of strategies that can further optimize energy use.
The global manufacturing industry is facing several challenges right now, including a manpower shortage and a lack of diversity in production methods. As such, a large number of production lines are getting automated, driving development in the robotics industry.