China After the Pandemic Series: Development and Opportunities of Innovation and Technology
Greater Bay Area
The Covid-19 pandemic has forced enterprises to speed up the pace of digital transformation, and to become more innovative amid heightened competition. Three IT experts shared their views on the latest developments in the technology sector in the Mainland and Hong Kong at a Chamber webinar on 5 August, moderated by Jack Lau, Chairman of Swanland.AI.
Wong Kam Fai, Associate Dean (External Affairs) of the Faculty of Engineering at the Chinese University of Hong Kong, predicted that technology would have a significant impact on industrial transformation. He also said that the demand side would drive the supply chain going forward.
Discussing the recent geopolitical issues that have impacted many Hong Kong businesses, Edward Lau, General Manager, Asia Pacific, Kingdee International Software Group, encouraged companies to consider the ASEAN market. ASEAN’s member states include several emerging markets that offer great potential.
According to research by Huawei, 97% of large enterprises will be using AI by 2025. Ken Ho, Business Director, Huawei Cloud, explained that cloud services would provide the runway for AI’s take-off as businesses adapt to this new technology.
2020/08/05