IBM announced that it has opened an Innovation Center in the Hong Kong Science and Technology Park. The center will connect the company’s global research and development resources to the city, and enable collaboration and co-innovation with partners, clients, government and academia.
It aims to enable digital reinvention of five major industries, including: banking and financial services; insurance; retail, distribution and trading; manufacturing; and travel and transportation. Areas of innovation will focus on Fintech, InsurTech, Smart Retail, IoT, Video Analytics, Blockchain, AI and robotics, among others.
The Center is designed as a studio setting to facilitate design thinking workshops or Garage methodologies for ideation and co-creation, as well as realization of concepts.