China's Software Sensing Δ 20th of April 2018 Ω 8:40 AM

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~ AI Development ~ Software Industry Overview in China ~ Hansen Robotics	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ
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«Software Sensing	Θ	Θ
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~ AI Development

China’s Got a Huge Artificial Intelligence Plan by »Bloomberg
ξ priorities are intelligent robotics, vehicles, virtual reality
ξ AI seen contributing up to $15.7 trillion worldwide by 2030
ξ Ai expected to be a new, important driver of economic expansion by 2020
ξ AI industry expected to generate more than 400 billion yuan ($59 billion) of output per year by 2025
ξ China believed to gain more than any other from AI because of the high proportion of output derived from manufacturing

AI development plan shows China's vision by »ECNS
ξ China's plan for artificial intelligence (AI) development was issued by the State Council
ξ it is a major step for carrying out the innovation-driven development strategy and
ξ making the country a global leader in science and technology
ξ according to Wang Zhigang, vice minister of science and technology
ξ since the concept of AI was first proposed in 1956,
ξ it has been evolving rapidly with the development of the internet, big data, super computers and neuroscience,
ξ ushering in "the new generation of AI" according to Wang
ξ the new generation of AI features deep learning, integration of multiple disciplines,
ξ human-machine collaboration and automatic operation
ξ AI is making various social and economic sectors smarter

ξ as a trigger for a new round of industrial reform,
ξ AI has been used by many countries to enhance international competitiveness and national security

ξ China's move to propel AI development not aimed at challenging the international status of certain countries
ξ accoeding to Li Meng, another vice minister of science and technology

ξ plan stated that the AI industry will serve as a new major economic growth engine and
ξ help improve people's lives by 2020, and
ξ plan sets the target of China becoming a major center for AI innovation and
ξ leading the world in AI technology and applications by 2030

ξ Wang stressed the importance of creating an open and coordinated system for AI innovation,
ξ which includes building innovation bases and a high-caliber talent pool, and
ξ promoting collaboration among AI entities
ξ he also emphasized the synergy among AI research, production and industrial development,
ξ noting that research and production should reinforce each other

ξ stipulation of safety management regulations will be accelerated to address problems
ξ in automatic driving, service robots and other technology

ξ safety supervision and assessment will be strengthened to cope with misbehaviors such as data misuse,
ξ infringement of privacy and moral transgression,
ξ in order to promote self-discipline in the AI industry and companies

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~ Software Industry Overview in China

»Software Industry Overview in China

INDUSTRY OVERVIEW

ξ China’s software industry remains a key focus for the nation’s central government
ξ government gives incentives for both domestic growth and foreign investment
ξ the market remains diverse and highly fragmented
ξ there are over 16,000 local-certified software companies
ξ approximately 40,000 registered software products
ξ more than one million software-industry professionals
ξ the industry is expected to experience more consolidation
ξ China’s software industry lacks core technologies, high-end software development talent, and consistent high quality software products
ξ foreign brands enjoy a large market share in the high-end segment of the software market
ξ local software products comprise less than 30 percent of the market

Market Demand

ξ further investment in IT infrastructure in such industries as finance, telecommunication, banking, education, medical, manufacturing, and the public sector
ξ a new development within China is for companies to seek improved efficiencies by using software to lower costs and improve productivity
ξ US firms should seek opportunities in the Second and Third Tier Cities where economic growth and demand for improved IT solutions remains high

Best Prospects

ξ high-end software solutions requiring a certain level of customization

Application software and specialty software

ξ solutions pertaining to ERP, CRM, service-oriented architecture (SOA), middleware
ξ open-source software

High-end enterprise management systems software

ξ solutions that address database management systems
ξ systems management software products
ξ networking security software products

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~ Hansen Robotics

»Hansen Robotics

Sophia - the world's first robot citizen in Saudi Arabia
ξ Sophia can recognize faces and mimic 62 human facial expressions, including blink and smile
ξ in Turkey, Sophia took a role in advertisement shootings by digital bank Yapi Kredi

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