The unveiling by the HKSAR Government of its Smart City blueprint late last year gave an insight into the transformation that, if all goes to plan, will improve city management, quality of living, enhance economic growth and modernise Hong Kong.
The recent investment made in Hong Kong-based artificial intelligence company SenseTime Group by US mobile chip giant Qualcomm Technologies was the world’s biggest ever fundraising by an artificial intelligence startup.
In 2011, Marc Andreesen, the well-known super angel investor, famously wrote an essay declaring that “software is eating the world and every company is a technology company.” His bold statement stirred heated debates but five years later, when seeing how technology has revolutionised the way people live and how businesses operate, it’s no longer a stretch to say that technology is underpinning every business.
If we look back at how technology has impacted business development in 2015, we will see that trends like big data, cloud computing, and Internet of Things (IoT) have gradually become the new enterprise norms.
According to the 2nd annual "Report on Hong Kong SME Cloud Adoption, Security & Privacy Readiness Survey" compiled by the Internet Society Hong Kong and Cloud Security Alliance (HK & Macau Chapter), close to 83% of surveyed companies are utilising or planning to utilise Cloud services in the year ahead, a significant increase from the 55% reported in the previous year.
Hong Kong currently boasts an impressive 16.4 million mobile subscriptions, with 71% social media penetration and a cumulative average online presence exceeding 5.5 hours per person, each day, according to latest insights from We Are Social.
It's no fun to think about all the ways your business can be disrupted – hurricanes, tsunamis, snow storms, epidemics, earthquakes, tornados, terrorism, floods, fires, even relatively minor incidents like a failed water main or a planned event like an office relocation.
Just when you thought your Hong Kong website had every possible permutation covered from dot com to dot asia and beyond, the Internet Corporation for Assigned Names and Numbers (which mouthful we’ll refer to as ICANN from now on) has decided that April 2013 is as good a time as any to open the flood gates just a little wider, with the variety of available domain names zooming from twenty or so now to potentially fourteen hundred sometime this year.
Think back to how fast interfaces have changed in computing; I remember my parents taking a class in COBOL where they had to type their instruction set into a terminal, that then punched a paper card that was then fed into the computer.
CIOs see role evolving towards operational responsibilities, more internal consultancy and less IT infrastructure administration
Among businesses in Hong Kong, the role of the Chief Information Officer (CIO) is poised to change fundamentally over the next few years.