TAIPEI, Taiwan--(BUSINESS WIRE)--TAITRA, the Taiwan External Trade Development Council, today announced that InnoVEX, the startup exhibit at COMPUTEX 2017, has attracted 244 exhibitors from 20 countries, including Taiwan, Korea, France, China, the USA, Singapore, the Netherlands, Israel, India, Hong Kong and Japan. InnoVEX will feature startups and business incubators collaborating to build a new ecosystem for the information and communications technology (ICT) industry.
Gartner predicted that by 2017, 50 percent of all IoT solutions would originate in startups less than three years old, signaling that innovative business models are becoming the focus of R&D in the global ICT industry. “In recent years, emerging technologies have revolutionized ICT sectors and business models around the world. TAITRA recognized this trend, and added the InnoVEX exhibit last year. Now, it is one of the leading global innovation events. COMPUTEX is a platform to match resources for innovators and startups globally. With activities like demos, forums, keynote speeches and pitch contests, we can drive the industry’s growth and development,” said TAITRA President & CEO Walter Yeh.
World’s leading innovators convene at InnoVEX to explore new trends
This year, InnoVEX will focus on five major elements: display, demos, forums, pitch contests, and matchmaking. Global startups and investors will gather at the exhibition area for technology exchange and matchmaking. Innovations in IoT, health management, VR/AR, cloud computing, wearables, mobility and AI will be on display to provide an overview of creative technologies from around the world. InnoVEX highlights will include Travis the Translator from the Netherlands, the world’s first pocket-sized AI translation device that can voice-translate 80 languages instantly. BioInspira from the United States will exhibit a gas detector designed for pollution monitoring and early detection/prevention service. Meanwhile, France-based Tempow will introduce many-to-many solutions for Bluetooth connectivity making mobility easier.
A-list speakers and contests to inspire imagination about future
In addition to demos of various technologies from global innovators, InnoVEX 2017 will continue the much-applauded forums and keynote speeches it started last year. Speakers from world-renowned innovation groups, venture capital investors and leading companies such as Acorn, ALCHEMIST, ARM, Fenox, HARDWARE CLUB and Microsoft will speak on AI, IoT, innovation ecosystems, digital economy and technology policies with a goal of aligning international visions and driving momentum for more innovation. All events will be live-streamed on Twitch to share with speaker insights and forecasts on innovations and entrepreneurial environments.
InnoVEX will be held at Exhibition Hall 3 of the Taipei World Trade Center from May 30 to June 1. The 2017 InnoVEX Pitch Contest’s semi-final and final will take place on May 31 and June 1, respectively, with a cash prize of US$30,000 for the winner. The contest aims to encourage the world’s entrepreneurs and innovators to interact with investors and find opportunities to commercialize their innovations.
About COMPUTEX TAIPEI (also called COMPUTEX):
Established in 1981, COMPUTEX TAIPEI is the leading global ICT and IoT show with a complete supply chain and ecosystems. Co-organized by the Taiwan External Trade Development Council (TAITRA) and Taipei Computer Association (TCA), COMPUTEX, based upon Taiwan’s complete ICT clusters, covers the whole spectrum of ICT industry, from established brands to startups and from ICT supply chain to IoT ecosystems. With strong R&D and manufacturing capabilities and IPR protection, Taiwan is a strategic destination for foreign companies and investors looking for partners in global technology ecosystems. Follow COMPUTEX on its website at www.computextaipei.com.tw and on Twitter @computex_taipei using the hashtag #COMPUTEX.
Founded in 1970 to help promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit trade promotion organization in Taiwan. Jointly sponsored by the government, industry associations, and several commercial organizations, TAITRA assists Taiwan businesses and manufacturers with reinforcing their international competitiveness and in coping with the challenges they face in foreign markets.
TAITRA boasts a well-coordinated trade promotion and information network of over 1,200 trained specialists stationed throughout its Taipei headquarters, four local branch offices in Hsinchu, Taichung, Tainan and Kaohsiung, and 60 overseas branch offices worldwide. Together with its sister organizations, Taiwan Trade Center (TTC) and Taipei World Trade Center (TWTC), TAITRA has created a wealth of trade opportunities through effective promotion strategies.
In addition to organizing trade delegations and providing customized procurement services, TAITRA also hosts more than 35 international trade shows annually in Taipei and in Kaohsiung. In 2016, 11,128 exhibitors and 83,807 international visitors took part in these events.