ConnecTechAsia2019, Asia’s Mega Infocomm Media and Technology Event, will be returning this year from 18 to 20 June in Singapore with a focus on emerging technologies enabling the rapid digital transformation of Asia’s businesses and cities. The ConnecTechAsia Summit will be headlined by prolific industry leader, Harriet Green, CEO and Chairman, IBM Asia Pacific, where she will explore how the shift from digital experimentation to scale adoption of new technologies will fundamentally alter the value chains of entire industries and change the way we work and live.
Transforming through emerging technologies
A recent industry poll revealed that 94 per cent of Southeast Asian companies are confident their digital readiness will help them stay competitive – with 93 per cent prepared to adopt new technologies to accelerate their digital transformation efforts. Despite the overall optimism, some businesses in the region are still playing catch-up in terms of adoption, while the rest of Asia powers ahead with digital transformation towards greater efficiencies and empowerment.
Themed ‘Shaping Future Societies’, the ConnecTechAsia2019 Summit keynote will highlight the new era of business reinvention with speakers such as Harriet touching on a wide span of topics including artificial intelligence (AI), automation, Internet of Things (IoT), blockchain, 5G and more. While regional adoption rates of these technologies are still considerably lower compared to the rest of the world, organisations here have been actively experimenting with technologies such as AI and moving workloads onto the cloud.
"A new era of business reinvention is dawning. Organisations are facing an unprecedented convergence of technological, social and regulatory forces. Not only is there a clear need for any organisation to be fully digital in itself; these organisations also need to be able to accommodate high expectations from clients and deal with pervasive interconnectivity. How can organisations deliver on that? That’s key question every CEO and every leader in any organisation has started asking,” shares Harriet Green, CEO and Chairman, IBM Asia Pacific.
“There are three key drivers – people, process and data – that any organisation needs to align in order to move from random acts of digital to a real, tangible digital transformation. I am excited to contribute to the discussions at the ConnecTechAsia Summit and share some of the best practices and insights for all of us to think about."
As CEO and Chairman of IBM Asia Pacific, Harriet has also previously led business transformations across four continents, with a proven track record for developing and implementing strategies for profitable growth and increasing shareholder value in global technology, logistics, travel and consumer sectors.
Top tech trends to watch
The acceleration of digital transformation across the region has generated profound impacts to the way people consume entertainment. The convergence of high speed internet and new forms of audio and visual systems has spurred the demand for virtual (VR) and augmented reality (AR) in the region. This is supported by a recent finding which reported that the amount spent on these two technologies in APAC alone stands at US11.1 billion in 2018, up from US$4.6 billion the year before.
This demand for AR/VR is driven predominantly by Esports, with the five-year Compound Annual Growth Rate (CAGR) for AR games forecasted at 90.9 per cent, while VR games registered 54.7 per cent over the forecast period (2017-22). Other sectors that have contributed to its growth include workplace training, 360-degree educational videos and public infrastructure maintenance. The growth of AR/VR, coupled with that of smart cities across the region represents a game-changing milestone for businesses to shape the evolution of the industry for the digital future.
With the increasing digitalisation of entire industries, cybersecurity has also become a pertinent issue as organisations grapple with cyberthreats which cost businesses in the region up to US$1.75 trillion in economic losses. Large organisations risk incurring over US$30 million in losses, more than 300 times higher than the average economic loss of a mid-sized organisation. Experts at ConnecTechAsia2019 will be chiming in further on these business imperatives which organisations must bear in mind in order to balance growth and security.
Catch other industry leaders engage in discourse on such matters at ConnecTechAsia2019 Summit:
Dr Min Sun, Chief Artificial Intelligence (AI) Scientist, Appier
Muhamed Zilkhairilishamuddin, Assistant Vice President, OTT Principal Engineer, Astro
Dr Keeratpal Singh, Chief Data Scientist, Axiata
Ong Geok Chwee, CEO, Bridge Alliance
Attilio Zailani, Executive Director, Facebook
Cheryl Goh, Group Vice President of Marketing, Grab
Dr David Soldani, CTO, Huawei Australia
Jason Little, Chief Information Officer - SEA, Manulife
Ian Yip, Chief Technology Officer, McAfee Asia Pacific
Gustavo Fuchs, General Manager - Cloud & Solutions (Asia), Microsoft
Krishnan Rajagopalan, Director of Payments APAC, Netflix
Seizo Onoe, President of DOCOMO Technology and Chief Technology Architect, NTT DoCoMo
Andreas Spanner, Chief Architect (ANZ), Red Hat
Ben Goertzel, CEO, SingularityNET
Sanjog Gupta, Executive Vice President, Head of Production, Star Sports
Shekar Ayyar, EVP, Strategy and Corporate Development & GM, Telco NFV Group, VMware
Nilesh Zaveri, COO/CFO APAC, Vice Media