Innovating in Asia Study 2023

China is at the forefront of digital innovation yet foreign companies are often unprepared to participate due to a lack of local innovation capabilities. Open innovation strategies provide a solution. The term ‘open innovation’ was coined by Professor Chesbrough of UC Berkeley in 2003 to illustrate how companies incorporate external ideas and expertise to advance their innovation goals.

How can machine builders digitalize? A one-size-fits-all approach to digital transformation is not feasible. The key to success is learning and building capabilities through small steps, with regular review and adjustment. Start small, but act fast. Learn how with this case study highlighting the digitalization journey of a leading PCB equipment manufacturer.

China's digital twin market is surging due to policy support and intense competitive pressure to improve operational efficiencies. We explore the role of role collaboration, open-source innovation, and investment inbuilding a digital twin ecosystem, promoting its integration with the physical world, and driving industry transformation in the digital era.

Every year more and more products are entering the IoT space, and billion of products are connected to the Internet. If you are considering implementing IoT within your organization, or developing a new connected product, read on to ensure you are not making these five common mistakes.

In today's fast-paced world, high-speed connections have become vital for companies across industries. With the level of automation rising, the need for reliable and efficient data monitoring structures has never been more critical. Enter 5G, the fifth-generation wireless technology, which has captured the spotlight in machine-type communication and the Internet of Things (IoT). Delve into the transformative potential of private 5G networks in China's industrial sector below, exploring its market outlook, opportunities, and challenges, as well as implications for the automation space to evaluate how 5G could impact your business.

General artificial intelligence is a frontier research discipline to build computerized systems that perform tasks requiring human intelligence. In contrast, Industrial AI is concerned with the application of such technologies to address industrial pain points for customer value creation, productivity improvement, cost reduction, site optimization, predictive analysis and insight discovery.