Innovative technologies such as 5G, artificial intelligence, virtual reality, Internet of Things (IoT) and SMEs will be featured prominently at ITU Telecom World 2017.
The event was launched with a high-level opening ceremony featuring a live orchestra and traditional dance performance from Busan National Gukak Centre, and a video message delivered by Moon Jae-in, President of the Republic of Korea.
Speaking of future opportunities and challenges for the ICT sector, Republic of Korea, Minister Young Min You said, “It is imperative that we come up with systematic strategies and measures to forestall risk factors while turning new changes into an opportunity for growth. To this end, businesses and the government must join forces to do so.”
Expressing his pleasure to be back in the Republic of Korea and Busan, home to many SMEs, digital startups and entrepreneurs, ITU Secretary General Houlin Zhao said, “Tech SMEs are critical to industry innovation, market growth and job creation – in both developed and developing markets. They have a crucial role to play in stimulating economic and social growth, accelerating innovation, digital inclusion and the development of smart societies.”
Speaking via video message, President Moon Jae-in said, “I hope the event will be a meaningful occasion for seizing opportunities and seeking ways together to address common concerns,” he said.
During the four-day event, Forum sessions are delving into topics like: maximizing the opportunities of smart digital transformation, how telecommunication companies can transform their operations, how we can develop and scale digital literacy, the industry sectors most likely to lead the 5G revolution, and the potential impact of AI on financial services.
The Exhibition showcases digital solutions and investment opportunities from both governments and industry, representing emerging and developed markets, including tech SMEs. Technologies on display include artificial intelligence, virtual reality, smart health, smart finance, IoT, radio frequency spectrum solutions, spectrum management, smart city technologies and more.