For the ASEAN digital transformation to succeed, the support of market players in the private industry is needed to be able to build an innovation ecosystem and be able to address issues related to big idea and data privacy, said Dr. Aladdin D. Rillo, Deputy Secretary-General for ASEAN Economic Community (AEC), at an online Industrial Digital Transformation Conference on Monday.
“ASEAN’s digital economy soared to USD 100 billion for first time in 2019, and is expected to grow to over USD 300 billion by 2025. For governments, business and society, digital transformation is no longer an option but an imperative path to empower the economy and businesses,” Dr. Rillo said.
“To further promote digital transformation in ASEAN, new initiatives are currently being pursued such as the development of 5G ecosystem, framework on international mobile roaming, smart manufacturing, and an ASEAN innovation network. But to be successful, we also need the support of the private sector and market players like Huawei particularly in building an innovation friendly ecosystem and addressing issues related to big idea and data privacy,” said the Deputy Secretary-General of ASEAN Economic Community.
The ASEAN digital transformation is characterized by a well-developed and innovation-driven ICT infrastructure. The expanding middle class, fast-growing internet economy, energized start-up sector and huge young population make Southeast Asia a promising region to leapfrog in the digital wave.
With the theme “Hi, Intelligent World,” the global Industrial Digital Transformation Conference, held via live streaming, connected industrial leaders and experts from across the world including UK, Switzerland, USA, Germany, Italy and ASEAN to share their insights and experiences in digital transformation.
Featured in the conference were five trends of an intelligent world 10 years’ from now and proposed a foundation built on new types of connectivity, computing, platform, and ecosystem.
Industrial experts agreed that information flows with new ICT, such as 5G, AI, and IoT, will help to build the foundation from which everything originates, which will enable the intelligent development of a wide variety of industries, including urban development, manufacturing, energy, finance, transportation, and so on.
“The next decade will witness rapid development of new ICT. Huawei believes new types of connectivity, computing, platform, and ecosystem will build a solid foundation for the intelligent world of 2030. Ultra-broadband and high-speed networking built using 5G, Wi-Fi 6, and quantum communications will bridge the physical and digital worlds, laying a foundation for the intelligent world,” said Ma Yue, Vice President of Huawei Enterprise Business Group.
“New computing will offer a full-stack, all-scenario solution that covers bottom-layer chips, all the way to upper-layer algorithms, spanning consumers to business and which constitutes the core of intelligent transformation. The converged, shared, and digital platform features high efficiency and openness, enabling customers to focus on their own unique advantages and service innovation, therefore playing a key role in enabling the digital transformation of industries. Based on enterprise business Strategy, Architecture, Policy, and Operations (SAPO), the new ecosystem that provides a single field of expertise allied to multiple skills and is deeply integrated, can offer a more comprehensive customer-oriented business solutions,” Ma said.