AWS and HKSTP Announce Strategic Collaboration to Accelerate Innovation and Technology Development in Hong Kong

HONG KONG SAR - Media OutReach - 6 June 2022 - Amazon Web Services (AWS) and Hong Kong Science and Technology Parks Corporation (HKSTP) announced a strategic collaboration today, aiming to foster a robust Innovation and Technology (I&T) ecosystem in Hong Kong.

With this collaboration, AWS and HKSTP will launch a series of programs under four key pillars to drive innovation of IT companies, startups, and researchers throughout their entire growth cycle – Research & Development, Technology Simulation, Co-incubation, and Talent and Culture Cultivation.

"HKSTP and AWS have been working closely for years in supporting high potential tech ventures to innovate, succeed and grow faster. We have witnessed the surging demand from businesses on cloud computing knowledge and innovation technologies. This partnership combines the scale and technology expertise of AWS, the undisputed cloud innovation leader, as well as HKSTP's R&D, incubation and commercialization capabilities accumulated over the past 20 years, to accelerate the development of Hong Kong's I&T ecosystem while firmly establishing the city's status as a global innovation hub." said Albert Wong, Chief Executive Officer, HKSTP.

"AWS is always committed to support the digital transformation of enterprises of all scales in Hong Kong," said Robert Wang, Managing Director, Hong Kong & Taiwan, AWS. "Since 2014, AWS and HKSTP have been working together on a number of cloud programs and trainings. We are pleased to deepen our relationship with HKSTP and jointly address the various challenges the city faces in terms of talent, innovation, and technology commercialization."

• Research and Development: HKSTP is joining the AWS Open Data Sponsorship Program which extends Open Data access through STP Platform, to support local research teams, including those from universities and research laboratories. Utilizing AWS cloud services, AWS Open Data Sponsorship Program allows researchers worldwide to share and analyze datasets derived from latest studies on global pandemics, cancer, and more. The collaboration will allow researchers at HKSTP partner companies to improve efficiency, while saving costs and time needed for research and data processing.
• Technology Simulation: It is often difficult to predict the success and optimal route for commercialization of new technologies in sectors such as Artificial Intelligence and Robotics. AWS will support STP Platform to visualize outcomes through Technology Simulation, allowing developers to conduct tests and simulations at lower costs. AWS and HKSTP will also form a 'train-the-trainer' program using AWS RoboMaker, allowing developers to effortlessly simulate applications under virtual 3D environments and test robotics solutions built with different coding languages, all with reduced costs and higher efficiency. Programs to support simulation of other emerging technologies will follow.
• Co-incubation: AWS and HKSTP will continue to nurture startups and support their business growth. Targeting Software-as-a-Service (SaaS) startups, the first six-month acceleration program will provide training, technical and business consultation to help them unlock the potential of SaaS business model, enhance their SaaS products, and ultimately drive business growth and success.
• Talent and Culture Cultivation: To nurture homegrown IT talents, AWS will utilize its global training and education resources to equip students and practitioners together with HKSTP. In the first phrase, AWS and HKSTP will provide technical training in biotechnology and AI for InnoHK clusters, enterprises, and startups. Based on the needs of the participating organization, AWS will also provide tailor-made capacity-building packages including talent training and Amazon innovation culture workshops.

AWS will hold its annual AWS Summit Hong Kong online on June 7 where professionals in the industry will gather and share insights into the latest cloud trends and industry best practices. HKSTP will set up a virtual booth at the Summit to share more information about their latest collaboration with AWS. Visit https://go.aws/3Ntu3w1 to register for AWS Summit.

About Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) has for 20 continuous years committed to building up Hong Kong as an international innovation and technology hub to propel success for local and global pioneers today and tomorrow. HKSTP has established a thriving I&T ecosystem that is home to three unicorns and Hong Kong's leading R&D hub with over 11,000 research professionals and over 1,000 technology companies focused on healthtech, AI and robotics, fintech and smart city technologies.

Established in 2001, we attract and nurture talent, accelerate and commercialise innovation and technology for entrepreneurs on their journey of growth in Hong Kong, to the Greater Bay Area, Asia and beyond. Our growing innovation ecosystem is built around our key locations of the Hong Kong Science Park in Shatin, InnoCentre in Kowloon Tong and three modern INNOPARKs in Tai Po, Tseung Kwan O and Yuen Long. The three INNOPARKs are realizing a vision of re-industrialisation for Hong Kong. The goal is sectors like advanced manufacturing, electronics and biotechnology are being reimagined for a new generation of industry.

Through our infrastructure, services, expertise and network of partnerships, HKSTP will help establish innovation and technology as a pillar of growth for Hong Kong, while reinforcing Hong Kong's international I&T hub status as a launchpad for global growth at the heart of the GBA innovation powerhouse.

More information about HKSTP is available at www.hkstp.org.

About Amazon Web Services
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