The ITU’s ITU Telecom World 2017 was held in Busan, Korea from September 25 to 28. ITU Telecom World 2017 has a full four-day programme of tech innovation showcases, debate, networking and awards.
This event brought together representatives of nations, leading industry players and small- and medium-sized enterprises (SMEs) from around the world – fostering valuable support for innovation and business partnerships, and facilitating knowledge exchanges and networking.
This event consists of exhibition and forum. The event featured a global line up of over 450 exhibitors, sponsors, and partners, with national pavilions featured from across the world. The pavilions also featured a host of partnership and investment opportunities, as well as tech innovations from both corporates and SMEs, including 5G, artificial intelligence (AI), virtual reality (VR), e-Health, e-Finance, Internet of Things (IoT), radio frequency spectrum solutions, spectrum management, smart city technologies, and self-driving vehicles. Many interactive displays gave event attendees the opportunity to see first-hand how these technologies worked.
At least 125 speakers from 41 countries took part in plenaries, panel debates, workshops, high-level roundtables and networking sessions as part of the event's Forum and Leadership Summit. Speakers included high-ranking government officials from across the globe, ICT industry leaders, SMEs, entrepreneurs, and innovators – as well as representatives of international organizations, financial bodies, and academia – providing truly global perspectives on smart digital transformation, with viewpoints from developed and developing countries alike.
The IoT era has brought in its wake the proliferation of ICT-based devices which hold the promise of cultivating secure service delivery chains, while still providing quality assurance at a low cost. Smart cities have been recognized as an upcoming market for IoT. The smart city concept itself is aimed at improving the city's operational efficiency and increasing the emerging portfolio of available smart devices to integrate cyber-physical systems and homogenize existing ICT solutions to improve the overall quality of urban life. This session discusses the role of large-scale pilots to support convergence and interoperability in IoT platforms and services across the world. Speakers from Denmark, Switzerland and Bolivia.
Artificial intelligence increasingly enables machines to perform tasks previously thought to rely on human experience and creativity and to move beyond human capacity in analyzing the tremendous volumes of data generated by smart technologies. AI-powered research and analysis have huge potential to create value throughout the financial sector, from fund allocation to trading financial assets, wealth management and dealing with regulatory challenges. In this case, Korean, American, Canadian speakers discuss following topics. What are the benefits and challenges of applying AI to financial services to improve accuracy, transparency, and efficiency? How can AI help organizations deal with complex and resource-consuming regulatory and compliance issues? Can AI help to ensure that global development funds are allocated effectively, appropriately and efficiently? How can AI analysis provide better insight and guidance on fund allocation, financial trading, and distribution in wealth management? What are the ethical, regulatory and security implications of increasing the role of AI in the financial sector?
Telecom operators throughout the world are transforming their operations in the face of ever-increasing competition from new players with radically different business models, cultures and regulatory requirements. Next-generation networks, whether fixed or wireless, are essential to smart digital transformation, but also require enormous investment. What options exist for operators to maximize the value and revenue from investment in infrastructure? How can regulatory approaches adapt to the new reality and allow telcos to innovate in an increasingly competitive market? Does government have a further role to playing in fostering operator innovation? Above topics are discussed by Chinese, Arabian, Japanese, Netherland, Indonesian speakers.
"The insightful debates and cutting-edge showcases we have experienced this week have shown how the smart digital transformation is reshaping not just our ICT industry, but the world around us," said ITU Secretary-General, Houlin Zhao. "Conversations have also stressed the importance of collaboration between governments, leading ICT players and SMEs, to help guide this transformation. ITU Telecom World 2017 has provided the platform for this, connecting SMEs with key players and governments, for meaningful dialogue."
Busan Metropolitan City Mayor, Seo Byung-Soo commented that "I am very pleased to see the successful completion of ITU Telecom World 2017, the largest ICT event ever held in our city, Busan, the Capital of Global Smart City. During ITU Telecom World 2017, we had many visiting experts from national delegations and companies from 126 countries, and I believe it was a great opportunity for the productive discussions about advanced technologies and future ICT developments. I will earnestly consider the ways to achieve harmony and convergence with the international communities, and strengthen the partnership of coexistence and cooperation in the near future."