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Arrow Electronics facilitates the convergence of innovative ideas and entrepreneurship in the Greater Bay Area via its Technology Forum and Showcase 2018 in Shenzhen

By   /  March 14, 2018  /  Comments Off on Arrow Electronics facilitates the convergence of innovative ideas and entrepreneurship in the Greater Bay Area via its Technology Forum and Showcase 2018 in Shenzhen

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Source: Media Outreach
Headline: Arrow Electronics facilitates the convergence of innovative ideas and entrepreneurship in the Greater Bay Area via its Technology Forum and Showcase 2018 in Shenzhen
HONG KONG, CHINA – Media OutReach – March 14, 2017 – Globaltechnology-solutions provider Arrow Electronics today hosted its annual“Arrow Technology Solutions Forum and Showcase” event in Shenzhen, China.  The event connects Hong Kong and Shenzheninnovation startups and makers powered by Arrow’s design, engineering expertiseand service capabilities with a network of key and emerging technology companies in the Greater Bay Area in China,as well as from around the world. Simon Yu, president of Arrow’s Asia Pacific business (centered) congratulated the achievements of young innovators and entrepreneurs from Greater Bay area, including the robot team from Ho Nam Kam College (left 1) and award-winning teams from Shenzhen University (left 2), and appreciated the innovative technology solutions from Haibin Chen, founder and CEO of Xie Zhu Technology (right 1) and Jiaqi Sun of Seeed Technology Ltd. (right 2).

The event drew more than 700 attendees from all sectors of the innovationecosystem in Hong Kong and China, connecting innovators, entrepreneurs, customersand suppliers on their design-to-production journey. Nearly 120 technologysolution and product showcases were set up in four zones named“Internet-of-Things,” “Automotive & Robotics,” “Technology Innovation,” and “Crowdfunding and Accelerators”.  As innovation startups and makers are a keydriving force in the development of IoT supply chain in China, Arrow also organiseda forum titled, “Opportunities And Challenges in the IoT Era for TechnologyInnovation Enterprises In The Greater Bay Area”, serving as a platform for ideaexchange to drive cross-industry synergies. 

The establishment ofthe Greater Bay Area thatconsists of nine cities in Guangdong and the two special administrative regionsof Hong Kong and Macau, with a total population of 68 million and GDP of closeto US$1.4 trillion in 2016, is enabling cooperation between China and Hong Kongcompanies in terms of science, technology and innovation.  A whitepaper published by Deloitte in February this year highlighted the strength ofthe Greater Bay Area with the synergistic effects generated by its members.  It estimated that the Greater Bay Area has thepotential to grow as the next world-class bay area and be comparable to the NewYork City Metro Area, San Francisco Bay Area and Tokyo Bay.

“The Greater Bay Area creates a new synergy for start-ups aswell as established technology companies and Arrow is gladto be facilitating the exchange of technologies, engineering expertise and technologyproduct lifecycle development knowledge, and as well as an interactive sharingplatform to propel this transformation journey,” said Simon Yu,president of Arrow’s components business in the Asia-Pacific region.

Hong Kong’s government is also showing support by allocatingUS$6.4 billion in total for the innovation sector including setting asideUS$2.5 billion for the first phase of the Hong Kong-Shenzhen Innovation andTechnology Park in the Lok Ma Chau Loop, according to the recently released2018-2019 Budget.

Acceleratingthe adoption of IoT
Meanwhile, Hong Kong and many urban areasin China are developing smart cities to provide an advanced living environmenthighlighting the growing importance of IoT technology.   Xie ZhuTechnology, a Suzhou-based hotel technology solutionprovider, exhibited a smart hotel IoT solution that drew a lot of attention fromvisitors during the event. Arrow provided solution architect and designexpertise, as well as components supply chain services, to Xie Zhu to developthis intelligent system. The system not only helps reduce hotel energy costs by35 percent, but also improves customer experience with personalized roomconditions and guest services. 

“Arrow’s technology offerings and engineering expertise enable us to easilyand swiftly develop this kind of intelligent system as part of our overalltechnology solution which can transform hotel customer experiences and bringpositive operation efficiency gains,” said Haibin Chen, founder and CEO of XieZhu Technology.
Guiding robotic startups forward
MedEXORobotics, a Hong Kong-based startup focusing on the development of an auxiliaryskeletal device, is one of the many startups that uses Arrow’s Open Lab in theHong Kong Science Park for accelerating product engineering design and hardwaredevelopment. MedEXO is currently developing low-cost and multipurpose movementassistance devices such as mechanical prosthetics and walking assistance tools inorder to increase the self-care abilities of the disabled, the elderly andParkinson’s disease patients. 

“We havebeen able to tap into Arrow’s technical expertise and a wide portfolio of high-qualitysensor and electronic components, which enable us to speed up our roboticproduct development process,” said Denis Huen, founder and CEO, MedEXORobotics.

Serving as a center of excellence and proof-of-conceptexperience lab for startups, subject matter experts, enterprise customers, andsolution partners, Arrow Open Lab hassupported more than 850 design and engineering projects over the past 18 months.
Nurturing the next generation of innovators
Arrowbelieves innovation is a skill set that can be taught and is actively sharingresources and expertise with leading universities in China to nurture younginnovators. Arrow hosts an annual “Innovation Club” competition in partnershipwith several top universities, including Beijing Jiaotong University, ShanghaiUniversity and Shenzhen University, involving more than 1,000 students andfaculty members.  Three projects of thewinning teams from Shenzhen University were showcased today, including labeltype infrared relay equipment based on Bluetooth mesh network and wifi, an automapping robot bases on SLAM, and an interactive plant system that supportslong-distance control.

Inaddition, two winning solutions from the Arrow InnoDesignContest, held in July last year to encourage next-gen innovators turning theircreative ideas into socially impactful IoT solutions, were showcased today.They included a navigational system powered by radar technology designed tohelp the visually impaired overcome mobility challenges as well as asolar-powered and radar-based technology that can detect flooding incidents andissue warning alerts in advance via a smartphone app.

Anotherrepresentative of the young innovators today was a team of enthusiastic Hong Kong secondary school students from Buddhist Ho NamKam College. This team of young students is fond of building robots, and theone they created from scratch was shortlisted in numerous competitions, winningthe championship in the dancing category in an international competition. Arrowhopes to bring this team to the next level by introducing them to theprofessionals in the technology industry at today’s event and to support theirfuture work.

AboutArrow Electronics Arrow Electronics is a global provider of products, services andsolutions to industrial and commercial users of electronic components andenterprise computing solutions. Arrow serves as a supply channel partner formore than 150,000 original equipment manufacturers, value-added resellers,contract manufacturers, and commercial customers through a global network. Thecompany maintains over 300 sales facilities and 45 distribution and value-addedcenters, serving over 80 countries. Learn more at fiveyearsout.com.
Published and distributed with permission of Media-Outreach.com.

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