This year marks the fifth Demo Day: The Innovators event, which has helped startups in Taiwan grow and prosper. This year's event will be held by the NTPC-AWS Joint Innovation Center in association with New Taipei InnoSquare. The two organizations have come together to form what is arguably Taiwan's most significant startup accelerator. A total of 19 teams are showcasing their innovative and commercialized solutions this time, covering five major areas: smart healthcare, smart finance, smart manufacturing, smart education, and smart living to jointly demonstrate the future of Taiwan's new innovative technologies.
In the past, TV and print media advertisements have always been the first choice of businesses for brand building. However, with the rapid development of the Internet, which has become an integral part of most consumers' lives, there is a trend of shifting marketing budgets to online media. At present, word-of-mouth marketing has moved from early collaboration with bloggers to collaborating with social media influencers. According to statistics, the global market for word-of-mouth marketing will reach US$13.8 billion by 2021, a growth of more than 50% from 2020. In view of this huge business opportunity, Influenxio has selected Instagram with its open format to establish a one-stop micro-influencer matching platform.
In 2011, the World Economic Forum (WEF) pointed out in its Global Risk Report that data was going to become the most valuable resource of the 21st century. According to a report from the International Data Corporation (IDC), global data volume is projected to grow to 163ZB in 2025, showing a tenfold increase from the 16.1ZB in 2016. The massive amount of data in combination with the rise of big data and data surveying tools mean that uncovering business opportunities from enormous data has already become an essential task for businesses looking to increase their competitiveness. Consequently, this has drawn great focus to data platforms, otherwise known as data management platforms.
The development of IoT has accelerated in recent years, and applications can be seen in the manufacturing, retail, and construction industries. Based on current market trends, IoT still needs to overcome certain issues to be further popularized with the key being connection and integration of devices of different brands. The patented proprietary technology "UltronKEY" used in the Ultron IoT platform released by WiFigarden only requires users to scan the QR code on their home appliances by using their smartphones, and the home appliances can instantly connect to the Wi-Fi network in their home. Users can then be able to control different brands of home appliances with a single app on their phones.
Since the outbreak of COVID-19 at the end of 2019, the global economy and people's lives have been greatly affected. Going to banks, hospitals, shopping at supermarkets, religious activities, and other daily activities, for example, all came under restrictions. In addition, onsite exhibitions that used to have large crowds have now almost all turned to the online format, including major international exhibitions such as CES and COMPUTEX. Although there are many online exhibition solutions on the market, they all focus on product exhibits and lack a platform for follow-up business opportunities and communication, relying only on traditional email, text customer service, telephone customer service, and video conferencing. These traditional communication modes lack scheduling design and are unable to provide appointment communication services and interactive functions, which in turn weakens the effectiveness of the online exhibition.
Taiwanese software startup Kdan Mobile raised US$16 million in Series B round from investors from South Korea and Japan, looking to take its cloud-based remote signing solutions DottedSign to South Korea by the end of 2021.
WHO estimates show that cardiovascular diseases are the cause of approximately 17.9 million deaths worldwide each year and account for 31% of total deaths, making it the leading non-infectious cause of death. Reports of individuals living alone suddenly passing away at home or bus drivers dying due to a heart attack while on the clock are far from rare occurrences on the news. Today, with the advent of technology, there is finally a solution to these events that used to catch people off guard. Singular Wings Medical has come up with a Group CVD monitoring system that serves as a network-based multi-to-many real-time physiological vital signs monitoring solution. Patients only need to wear a lightweight monitoring patch to allow the back-end system to monitor the real-time changes of their vital signs, thus reducing the chance of sudden death due to cardiovascular failure through active monitoring in place of after-the-fact diagnosis.
Fighting COVID-19 has become the top priority of governments around the world as the virus ravages the world. COVID-19 is highly contagious and has forced the healthcare and high tech industries to join forces in designing contactless care systems in hopes of controlling the pandemic as early as possible. The Ted-ICU AI Platform and KIOSK that were recently released by Radica Health not only reduce contact between healthcare workers and patients, but also improve work efficiency through cutting-edge technologies.
In times of illness that necessitate physical exams at the hospital, most people have the experience of having to wait long periods of time for computer tomography (CT) and magnetic resonance imaging (MRI) results. Although spinal fluid extraction and biopsy of organic tissue are mature technologies, patients are daunted by the invasive nature of these procedures. The fiberoptic particle plasmon resonance (FOPPR) technology developed by Instant NanoBiosensors not only has sensitivity far exceeding other mainstream instruments on the market, but is able to, using just a small amount of peripheral blood (serum, less than 20uL) and three simple steps-- sample injection, analysis and report generation, produce testing results in just a few minutes.
As the COVID-19 pandemic continues to ravage countries across the globe, screening has become a necessary weapon for fighting the epidemic. Currently utilized testing methods, however, require professional processing, and results are not available until at least four hours later. In response to this pain point, BluSense Diagnostics has developed BluBox, a portable medical testing platform that eliminates the need for sample pre-processing and shortens testing time to just six minutes.
Taiwan's Ministry of Transportation and Communications (MOTC) plans to invest NT$80.7 billion (US$2.9 billion) into digital transformation of airports and seaports, using AI, IoT, big data and other innovative technologies over the next five years.
Although digital signature of remote documents is no longer a problem, how to distinguish the authenticity of signature documents and how to verify that the signature is made by the countersigner in person is a pain point. Hungarian start-up Birosign, which was selected by the Epoch Foundation Garage+ Accelerator in early June as one of the 46 must-see start-ups at Computex 2021's virtual exhibition, provides a solution to this problem by using sensor technology and machine learning.
Remote work and online activities have become the new normal since the pandemic started. Startng in July, Taiwan's Institute for Information Industry (III)'s TCloud offers 250 digital tools for local micro-, small- and medium-sized businesses to accelerate digital transfomation and to improve competitiveness.