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HKSTP Firms Showcase Flying Innovations

HKSTP Smart Airways and Smart Operation Programmes
Image Credits: HKSTP, Press Release

The Hong Kong Science and Technology Parks Corporation (HKSTP) announced the completion of the latest cohort of accelerator programmes under the Global Acceleration Academy (GAA), namely the Smart Airways and Smart Operation accelerator programmes.

The two GAA programmes were carried out in close collaboration with five corporate partners. 20 high-potential tech ventures demonstrated their innovative solutions for the travel and hospitality industries at the Demo Day, the finale of the acceleration programmes, attracting around 200 stakeholders at the event.

GAA is HKSTP’s international business acceleration programme and open to high-potential local and overseas startups and technology companies, including non-Park companies.

The Smart Airways and Smart Operation accelerators were each a 13-week acceleration programme that started in October 2019 till mid-January 2020.

The two programmes attracted a total of 116 tech ventures and 124 proposals from around the world during the application period. Of these tech ventures, 53 were admitted to the two programmes, with more than 20% coming from overseas, such as North America, Europe and Asia-Pacific.

Recently expanded to focus more on industry-driven accelerators, GAA worked closely with the five corporate partners in the Smart Airways and Smart Operation programmes to identify their operational challenges or innovation needs in their digital transformation journeys.

The two batches of relevant tech ventures were then matched with the five partners to co-create solutions to address problem statements these corporations have identified.

Along the way, the tech ventures received mentorship from the corporate partners, as well as proof-of-concept opportunities to conduct trials.

For the corporate partners involved in the programmes, they received an easy entry into the innovator community to seek solutions and foster corporate innovation.

At the Demo Day, 20 out of the 53 tech ventures were shortlisted to showcase their proof-of-concept implementations in a real-life environment to an audience made up of the participating corporate partners, investors and tech companies invited by HKSTP.

Representatives from the corporate partners shared their experiences over their innovation journeys over fireside chats.

The Head of Strategic Partnership of HKSTP stated that HKSTP continues to attract such an international cohort to our GAA programme, bringing new ideas and innovation to their corporate partners, and aiming to solve the pressing problems that persist within the travel and hospitality industries.

HKSTP is glad to play the role of growth enabler for the innovators and for corporations on their innovation journeys. With GAA’s revamped focus on industry-driven programmes, is ready to work on its eight focused industry verticals to explore more solutions for corporates and assist tech ventures in developing their market-proven proof-of-concept innovations and their future business.

The aim is to nurture the overall ecosystem by creating more opportunities for tech ventures and energising its corporate partners with innovation and technology.

In Q1 2020, GAA will launch a new, industry-driven acceleration programme that will focus on the hotel sector – one of the eight focus verticals under the revamped GAA.

The event provided an opportunity for hotel groups to meet a broad spectrum of market-proven solutions for enhancing guest experience or improving operational efficiency.

The application period for the upcoming GAA hotels-focused programme will commence in mid-January 2020.

Since April 2017, the GAA has expanded to 19 acceleration programmes and engaged more than 180 start-ups and tech companies from all over the world, with 55 partners on board.

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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