The quantity and quality of big data will play a crucial role in the development of smart healthcare industry, according to Stefan Stantejsky, deputy director of Austrian Commercial Office in Taipei.
Stantejsky said that AI development will require sufficient big data to support deep machine learning, and developing new-generation smart healthcare technologies will involve the privacy of personal data.
In this regard, the Austrian office's director Christian Fuchssteiner opined that AI development in Taiwan and Austria may be slower than other countries that are less concerned about privacy of personal data.
Stantejsky said that his country is located in central Europe and its capital Vienna is a major biomedical base in Europe, serving as an important gateway for global tech firms seeking to foray into the EU market. Likewise, Taiwan, with its excellent geographic situation in the heart of the Asia Pacific region, can easily develop innovation startup forces by leveraging its IT prowess.
Stantejsky said there are many successful Austria startups operating in the fields of biomedicine, information technology and mechanical dynamic transportation.
Biomedicine startup Misugar, for instance, has performed well in the research of diabetes medicines, and though acquired by a US business later it still maintains an operating base in Austria.
In terms of information technology, Austria has many startups engaged in diverse social network, living application, leisure sports and healthcare solutions, including Biwin in online gaming platforms, Hitbox in video streaming services, flea market app developer Shpock and diabetes medicine developer AFFiRis, according to Stantejsky.
Stefan Stantejsky, deputy director of Austrian Commercial Office in Taipei
Photo: Mark Tsai, Digitimes, February 2019