Taiwan Industries Accelerating Digital Transformation Amid COVID-19 Pandemic
- Online Date: 2020/04/07
- Modify Date: 2020/04/07
The global COVID-19 pandemic has seriously impacted people’s daily ways of life and the global economy. Taiwan, as a global ICT powerhouse with superb manufacturing experience and innovative technologies, has long been embracing digital transform in a variety of sectors and is committed to working with the global community to advance together through the present challenges.
Amid the pandemic, digital transformation is no longer a “nice-to-have” strategy, but an imperative to survive for global corporations. As the unexpected happened so rapidly, traditional business models are shut down and forced to face the new challenges. The outbreak has highlighted the values of digital transformation, and businesses are taking the chance to rethink, embrace, and accelerate the transition.
Digital transformation is the process of incorporating or using digital technology into business, requiring changes in technology, culture, processes, and operations. As digital transformation is inevitable for global businesses, more and more AIoT applications are in high demand. For example, extensive online communication and collaboration for working from home have become standard solutions, while telemedicine is booming, and e-commerce has emerged as the hottest trend amid the pandemic.
Taiwan at these challenging times has served as an example in demonstrating how digital transformation helped the government and businesses deal with the pandemic. Early on during the initial outbreak, Taiwan integrated IT experts to build up system for the health and travel data of citizens, which facilitated doctors to check patient travel histories for more precise diagnosis and treatment.
Taiwan has played a key role in the global supply chain of information technology and semiconductors for years, and has always welcomed global partners to join its efforts in digital transformation. In Recent years, Taiwanese companies have developed high-quality and smart solutions as well as integrated systems in 5G, e- learning, healthcare, biomedical technology, smart machinery & manufacturing, smart city, green energy, smart agriculture & farming, and open government.
According to IDC, an international research agency, the global business opportunities from "AIoT" will reach US$1 trillion in 2020. TAITRA is committed to serving the global communities to connect with Taiwan businesses.
*** COMPUTEX, one of the global leading ICT shows, to take place in Taiwan, will focus on AI & IoT trends, alongside with 5G, Edge Computing, Innovations & Startups, Gaming, and Cybersecurity. With the evolving situation, technology plays a vital role in helping to contain the Coronavirus and help us continue to live a normal and healthy life during this difficult time.
*** TAITRONICS & AIoT Taiwan- a complete set of tradeshows to showcase the latest AI and the IoT layers (perception, transmission, and applications) for businesses, featuring a complete ecosystem that includes key components, system integration, security and smart solutions. See more at: https://www.aiottaiwan.com / https://www.taitronics.tw
***TAITRA, your reliable partner for doing business with Taiwan, has a global network of 63 branch offices dedicated to helping you connect with quality Taiwan partners, suppliers, products, and services. Contact an office near you: https://lnkd.in/eRfrjzb
***As of today, April 6, the COVID-19 outbreak has resulted in more than 1,231,000 confirmed cases worldwide. As of writing, a total of 373 confirmed cases were reported in Taiwan, with 321 imported cases, 5 deceased cases, 57 cases released from isolation, and the remainder hospitalized in stable condition. See the latest update: https://www.cdc.gov.tw/En