The 8th Finland-Taiwan Business Forum III: Covid-19 Expedites Digital Transformation and Drives Business Opportunities in the Information Security Industry.

Caption: The 8th Finland-Taiwan Business Forum was held on April 15th. Participating guests took a group photo, including III President CH Cho (the 4th from right), III MIC Group Leader Yang-ming Han (the 3rd from right), Representative of Finland Trade Center in Taiwan Mikko Karppinen (the 6th from right), Secretary-General of ICC Taipei Li-min Wu (the 5th from left), and Vice Chairman of ICC Taipei Mike Hung (the 6th from left)Caption: In the 8th Finland-Taiwan Business Forum, participants focused on critical industries such as information security and smart healthcare industry. Institute for Information Industry(III) President CH Cho (center of the picture) and Business Finland Executive Director Risto Vuohelainen (center of the upper row) acted as chairman of each side and participated in the meeting via live video streaming.

In view of the increasing demand for digital transformation in global industries, Chinese International Economic Cooperation Association (CIECA) held the 8th Finland-Taiwan Business Forum on April 15th with Institute for Information Industry(III) President CH Cho and Business Finland Executive Director Risto Vuohelainen acting as chairman of each side. The conference focused on information security and smart healthcare of key industries. It is expected that through idea exchange and discussion, players in the industries could find business opportunities and expand their markets.

III president CH Cho indicated that Covid-19 pandemic has had a great impact on the global economy, affecting market transaction patterns and living habits of the public and causing the rapid development of telecommuting and zero-contact economy, which in turn brings about the increasing demand in digital industries as well as information and communication industries, and accelerates the digitalization of these industries. Taking the smart medical industry as an example, many companies in Taiwan and Finland have begun to develop advanced technologies in the fields such as AI analysis and medical image management. President CH Cho further pointed out that III positioned itself as “Digital Transformation Enabler”. Therefore, in the meeting, III International Division also gathered domestic experts to illustrate the current trend in AI medical applications and introduced domestic associated companies to make connection with Finnish companies so as to assist Taiwanese manufacturers in expanding opportunities for international cooperation.

III President CH Cho showed clearly in his speech that information security related policies are an important key factor in maintaining security in the operation of various industries in the digital era. In addition, the information security industry was listed in the "Six Core Strategic Industries" policy by the Taiwan government last year (2020), in order to protect key infrastructure, medical data systems, and important industries such as information and communications as well as digital industries. Digital transformation, 5G and AIoT are important tools for economic development in the post-epidemic era. For this reason, the information security industry will play a much more critical role in the process of industrial digital transformation.

Regarding the current status and development of Taiwan’s information security industry, Yang-ming Han, head of III Market Intelligence & Consulting Institute (MIC), shared that with the development of emerging technologies such as 5G, IoT, and AI, the information security threats industries face are different from the past. Accordingly, demand has also increased, leading to related business opportunities. In this regard, Taiwan already has a complete information security industry supply chain, integrating system integrators, agents, and information security service providers and information security consulting companies, etc., which can assist the government and enterprises to establish a comprehensive information security protection mechanism.

Yang-ming Han further suggested that the goal of III Cybersecurity Technology Institute (CSTI) is to create an "information security intelligent joint defense industry ecology". CSTI is committed to the development of AI-oriented core information security component technologies. Based on the rules of legal compliance in various fields, CSTI connects with upstream companies focusing on industrial environment for business model verification and technology promotion and application in various fields, and then establishes a field information security ecosystem through innovative service models. Through forward-looking technology research and development in the fields such as industrial control, telecommunications, chips, etc., CSTI gradually improves the information security joint defense architecture and creates a safe digital transformation environment in our country.

III spares no effort in e-healthcare international cooperation. Jung-Hsien Chiang, President of the National Cheng Kung University Hospital Health Data Center, mentioned that in 2020, the Ministry of Foreign Affairs, Kuwait government, and III held an online smart medical vendor matchmaking meeting, which facilitated the cooperation between 25 medical institutions in Kuwait and the National Cheng Kung University Hospital on the MedChex system platform, using AI to assist in chest X-ray image interpretation to detect pneumonia.

【Media Contact】
Planning & Promotion Division(III) Joy Yen Tel: (02) 6631-8635 joyyen@iii.org.tw
Ying Shen Tel: (02) 6631-8643 yingshen@iii.org.tw