AWS and HKSTP Announce Strategic Collaboration to Accelerate Innovation and Technology Development in Hong Kong
HONG KONG–(BUSINESS WIRE)–Amazon Web Services (AWS) and Hong Kong Science and Technology Parks Corporation (HKSTP) today announced a strategic collaboration to foster a strong innovation and technology (I&T) ecosystem in Hong Kong. With this collaboration, AWS and HKSTP will launch a series of programs under four key pillars to drive innovation for IT companies, startups, and researchers throughout their growth cycle – research, Technological simulation, Co-incubationand Cultivation of talents and culture.
“HKSTP and AWS have worked closely together for years to help high-potential technology companies innovate, succeed, and grow faster. We have witnessed growing business demand for cloud computing knowledge and innovation technologies. This partnership combines the scale and technology expertise of AWS, the undisputed leader in cloud innovation, along with the R&D, incubation and commercialization capabilities of HKSTP accumulated over the past 20 years, to accelerate the development of Hong Kong’s I&T ecosystem while firmly establishing the city’s status as a global innovation hub,” said Albert Wong, Managing Director, HKSTP.
“AWS has always been committed to supporting the digital transformation of businesses of all sizes in Hong Kong,” said Robert Wang, General Manager, Hong Kong and Taiwan, AWS. “Since 2014, AWS and HKSTP have been working together on a number of cloud programs and training. We are pleased to deepen our relationship with HKSTP and jointly address the various challenges the city faces in terms of talent, innovation and technology commercialization.
- Research and development: HKSTP joins the AWS Open Data Sponsorship Program which extends access to open data through the STP platform, to support local research teams, including those at universities and research labs. Using AWS cloud services, the AWS Open Data Sponsorship Program enables researchers around the world to share and analyze datasets derived from the latest studies on global pandemics, cancer, and more. The collaboration will enable researchers from HKSTP partner companies to improve their efficiency, while reducing the costs and time required for research and data processing.
- Technological simulation: It is often difficult to predict the success and optimal path to commercialization of new technologies in sectors such as artificial intelligence and robotics. AWS will support the STP platform to visualize results through technology simulation, allowing developers to perform tests and simulations at lower cost. AWS and HKSTP will also train a “train the trainer” program using AWS RoboMaker, allowing developers to effortlessly simulate applications in virtual 3D environments and test robotic solutions designed with different coding languages, the all with reduced costs and increased efficiency. Programs supporting the simulation of other emerging technologies will follow.
- Co-incubation: AWS and HKSTP will continue to support startups and support their business growth. Targeting Software-as-a-Service (SaaS) startups, the first six-month acceleration program will provide training, technical and business guidance to help them unlock the potential of the SaaS business model, improve their SaaS products and , ultimately, to drive business growth and success.
- Cultivation of talents and culture: To nurture local IT talent, AWS will use its global training and education resources to equip students and practitioners with HKSTP. In the first phase, AWS and HKSTP will provide technical training in biotechnology and AI for InnoHK clusters, enterprises and startups. Depending on the needs of the participating organization, AWS will also provide tailored capacity building packages, including talent trainings and Amazon innovation culture workshops.
AWS will host its annual AWS Summit in Hong Kong online on June 7, where industry professionals will gather and share information on the latest cloud trends and industry best practices. HKSTP will set up a virtual booth at the summit to share more information about its latest collaboration with AWS. Visit https://go.aws/3Ntu3w1 to register for the AWS Summit.
About Hong Kong Science and Technology Parks Corporation
The Hong Kong Science and Technology Parks Corporation (HKSTP) has been committed for 20 years to making Hong Kong an international hub of innovation and technology to propel the success of local and global pioneers of today and tomorrow. HKSTP has established a thriving I&T ecosystem that is home to three unicorns and Hong Kong’s leading R&D hub with over 11,000 research professionals and over 1,000 tech companies focused on health tech, AI and robotics , fintech and smart city technologies.
Established in 2001, we attract and nurture talent, accelerate and commercialize innovation and technology for entrepreneurs on their growth journey in Hong Kong, the Greater Bay Area, Asia and beyond. Our growing innovation ecosystem is built around our key sites of Hong Kong Science Park in Shatin, InnoCentre in Kowloon Tong and three modern INNOPARKs in Tai Po, Tseung Kwan O and Yuen Long. The three INNOPARKs materialize a vision of reindustrialization for Hong Kong. The goal is for sectors such as advanced manufacturing, electronics and biotechnology to be reinvented for a new generation of industries.
Through our infrastructure, services, expertise and network of partnerships, HKSTP will help make innovation and technology a pillar of growth for Hong Kong, while strengthening Hong Kong’s status as an international I&T hub by as a springboard for global growth at the heart of the GBA innovation powerhouse. .
More information about HKSTP is available at www.hkstp.org.
About Amazon Web Services
For more than 15 years, Amazon Web Services has been the most comprehensive and widely adopted cloud offering in the world. AWS has continually expanded its services to support virtually any cloud workload, and it now offers more than 200 comprehensive services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), development, deployment and management of applications and media from 84 Availability Zones in 26 Geographic Regions, with announced plans for 24 additional Availability Zones and eight additional AWS Regions in Australia, Canada, India, Israel, New Zealand, Spain, Switzerland, and United Arab Emirates. Millions of customers, including the fastest growing startups, largest enterprises, and major government agencies, trust AWS to power their infrastructure, become more agile, and reduce costs. To learn more about AWS, visit aws.amazon.com.