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Monday 27 September 2021
FETC to implement free flow ETC system in foreign markets after domestic success
It is well known that highways are the lifeblood of metropolitan transportation. To increase the speed of highways and the convenience of road users, Taiwan entrusted Far Eastern Electronic Toll Collection (FETC), a subsidiary of the Far Eastern Group, with the operation of the nation's highway electronic toll collection (ETC) system through a build-operate-transfer (BOT) model in 2004. More commonly known as just the "ETC" in Taiwan, the system has weathered through its early difficulties and controversies 17 years ago to become a model to replicate for countries around the globe, says FETC International vice president and chief technology officer, Richard Wu. FETC International is now planning to share its successful ETC model and experience in Taiwan to foreign markets.
LATEST STORIES
Tuesday 14 September 2021
Boxed CEO Chieh Huang talks inside story of startups at UTSF 2021
Boxed is a US warehouse club delivery service company, which delivers anywhere in the continental USA, with revenue in the hundreds of millions. The company invests heavily in its technology: it has its own software, runs its own state-of-the-art fulfillment centers, and builds its own automation robotic in-house.
Monday 13 September 2021
Evernote cofounder and mmhmm CEO Phil Libin makes remote working less boring
Remote work becomes the norm and will continue to change every single aspect of our life even in post-pandemic. Phil Libin, cofounder of Evernote and currently CEO of mmhmm shared his insights on post-pandemic trends and advised startups on how to find product-market fit, in a keynote speech on Sept 9, the first-day event of the 2021 US-Taiwan Startup Forum (UTSF), co-sponsored by the North America Taiwan Engineering & Science Association (NATEA) and Taiwan Tech Arena (TTA).
Thursday 9 September 2021
Yo-Kai Express uses IoT and AI to remove barriers to gourmet food
After 12 years as an engineer and salesperson in the semiconductor industry, Andy Lin founded Yo-Kai Express, a food technology startup. Lin has integrated Internet-of-Things (IoT) technology, modular supply chain management, artificial intelligence (AI), and material science to develop a new platform that breaks through the confines of space and time.
Monday 6 September 2021
Science behind chic sportswear brand: Q&A with Gulshan Kumar, GM of Lululemon Taiwan
The value of the global activewear market was estimated at $353.5 billion in 2020 and is expected to grow at a 3.7% CAGR over the next six years, reaching $439.17 billion by 2026, according to investment firm Comprar Acciones. The activewear industry has always been very competitive; staying innovative is key to differentiation.
Monday 6 September 2021
Global hiring can be pain-free: Q&A with Slasify CEO Carlos Wang and SparkLabs Taipei managing partner Edgar Chiu
Hiring employees from many different countries can be a long process of legal and accounting counseling and can keep businesses from accessing foreign markets sound and fast. Singapore-based HR tech startup Slasify offers solutions to legal compliance and payroll transfers. In an interview with DIGITIMES, Slasify CEO Carlos Wang and SparkLabs Taipei managing partner Edgar Chiu are sharing what they see in the HR tech industry.
Thursday 2 September 2021
The next quantum leap in green mobility: Q&A with Marcel Yang, Giant special assistant to CEO
Climate change is changing many aspects of our everyday life. Transportation is one of them. Seeing the boom of e-bikes and the opportunities of green mobility, Marcel Yang, Giant Bicycles' special assistant to CEO, mentioned that Giant is creating an economic ecosystem in the cycling industry where all the partners can work closely together. He also shared his experience in driving innovations in this bike manufacturing company.
Tuesday 31 August 2021
Innovation trends worth noting in Southeast Asia: Q&A with Rachel Lau, RHL Ventures managing partner
The southeast Asian region has become another innovation hub in the world. With a valuation of US$340 billion in 2020, the region attracts many venture capital firms and startups to innovate the local economies. Rachel Lau, managing partner at RHL Ventures, a Malaysian private investment firm that focuses on growth capital investments in Southeast Asia and the US, shares her insights on the latest innovation trends, brought by major startups in Southeast Asia.
Wednesday 18 August 2021
Growing demand for smart metering and asset tracking: Q&A with UnaBiz Taiwan managing director Carter Ho
The demand for smart metering and asset tracking solutions is growing. Many countries are adopting many smart techs, especially IoT solutions, to optimize energy consumption and to well manage buildings and facilities. In light of these trends, IoT startup UnaBiz, based in Taiwan and Singapore, developed IoT solutions on smart water/power/gas meters as well as smart tracking of assets and people, for smart management in buildings and industrial/commercial facilities, according to the company's Taiwan managing director Carter Ho at a Digitimes interview.
Tuesday 17 August 2021
High-precision QA automation in 5G era: Q&A with Relimetrics CEO Kemal Levi
Industry 4.0 is no longer a new concept, but there are always some parts of the manufacturing process that are so difficult to automate, including quality management or quality assurance (QA). Relimetrics is a startup that offers full-stack computer vision and machine learning software for quality audit, process control and predictive maintenance in Industry 4.0 applications, according to company founder and CEO Kemal Levi. In a recent interview, Levi shared with DIGITIMES about his vision of Relimetrics' role to play in the Industry 5.0 era and their solutions for high-precision QA automation.
Monday 9 August 2021
Tech is enabling future of retail: Q&A with Felicis Ventures principal Grace Chou
eCommerce continues to penetrate the global retail market. Big companies are competing to adopt new technologies in order to win the game, which also provides many new opportunities for startups.
Friday 6 August 2021
Demo Day: The Innovators 5 event to be launched virtually on August 10, helping innovation grow amidst pandemic
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.
Friday 30 July 2021
Helping brands build best word-of-mouth marketing in coming era of micro-influencers
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.
Thursday 29 July 2021
Creating value from big data for enterprises with high-performance, cost-effective solution CannerFlow
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.
Wednesday 28 July 2021
Ultron IoT platform improves network connection efficiency through better systems
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.
Tuesday 27 July 2021
Seizing online audio-visual communication business opportunities, iHH's Arctos gains favor with customers
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.