Insight
Innovating in Asia Study 2023
The Asian Century: Asia is taking its position as a dominant force on the world stage.
Asia experienced a significant economic transformation over the past two decades. Its GDP is expected to expand to $39 trillion in 2023, exceeding the US and Europe combined. A new middle class of more than 2 billion people has emerged as consumers and as innovators and innovation efforts are shifting rapidly from “global for Asia” to “Asia for Asia” as multinational companies seek to defend themselves against local competitors.
Read Full Content
IoT ONE Insights
Download PDF.
Your PDF report was sent successfully to your inbox!
Related Insights.
Insights
Addressing Mental Health for China's 180 Million Seniors: A Trillion-dollar Market
China's elderly mental health market is gaining attention due to its societal and commercial significance, with 180 million seniors affected. Companies are utilizing innovative approaches to address this issue, offering digital therapies, AI companions, and comprehensive care models. This emerging sector aims to bridge the gap between psychological services and elderly care.
Insights
Three edge computing trends and why you should care
Edge computing involves hardware and software technologies that enable storage, computing, and processing close to the device that generates or consumes data. ‘Close’ is a relative term that could include servers co-located with cell towers, on premise servers, or operational devices.
Insights
How to extract value from your data
Data might be the new oil but it is a much more complicated commodity. Maximizing the value of your data requires a clear strategic vision that includes both internal use cases and external monetization, while accounting for regulatory, security, and privacy risks.
Insights
The Machine Builder Digital Revolution: A Roadmap to Evolving for the 21st Century
How can machine builders digitalize? A one-size-fits-all approach to digital transformation is not feasible. The key to success is learning and building capabilities through small steps, with regular review and adjustment. Start small, but act fast. Learn how with this case study highlighting the digitalization journey of a leading PCB equipment manufacturer.
Insights
How to build your digital innovation footprint in Asia
Emerging and developing Asia will contribute 57.4% of global GDP growth in the medium term, generating $10.1 trillion in new annual economic activity by 2025.
China alone will contribute 31.2% of global GDP growth during this five-year period, with China’s GDP growing by $5.5 trillion during this period.
Insights
China's Generative AI Dilemma: Innovation vs. Control
The advancement of generative AI has created a frenzy among Chinese businesses as they explore its potential impact on internal operations and customer interactions. Real innovation is happening beneath the surface, with thousands of developers exploring ways to leverage GPT for process restructuring and new customer experiences. Find out what's happening in China and assess how your company can leverage GPT.