November 2024
[Event Report] Realize Innovative Ideas—A Pitch Event Packed with Cutting-Edge AI Solutions
Oct 25, 2024
Finalists honored with trophies
The Inno Vietnam-Japan Fast Track Pitch 2024 was held at the National Innovation Center (NIC) Hoa Lac in Hanoi, Vietnam on October 3, 2024. The Fast Track Pitch event began in 2023 to promote collaboration between ASEAN and Japanese companies and to offer an opportunity to achieve innovation. This was the second Fast Track Pitch event this year, following the one in Singapore in July.
For the Fast Track Pitch event in Hanoi, six Vietnam-based and Japanese companies (challenge owners) presented challenges (business issues), and a total of 57 companies applied from around the world to take on the challenges. Fifteen finalists pitched their innovative ideas, and each challenge owner selected an award winner.
A final pitch at the venue
Participants came from around the world, and pitches were also delivered online.
Challenge Owners | Award Winners |
---|---|
NTT DATA Vietnam (Japan) | Whale Tech (Singapore) |
Phenikaa-X (Vietnam) | Prezerv Technologies(United States) |
SMC Manufacturing (Japan) | Tagteam Technologies (Singapore) |
Viettel Cyber Security (Vietnam) | Peris.ai Cybersecurity Defense(Indonesia) |
VinAI (Vietnam) | Blueqat(Japan) |
WILLERS (Japan) | EMDDI(Vietnam) |
"Always innovate ourselves"—The need for international collaboration and partnership
Mr. Junjiro Yuba, CEO of NTT DATA Vietnam, participated as a challenge owner.
Mr. Junjiro Yuba, CEO of NTT DATA Vietnam, who participated as a challenge owner for this Fast Track Pitch event, showed a positive attitude toward international business collaboration, saying, " Not only collaborating within our company, but always connecting externally, even with small or startup companies, is our opportunity to always innovate ourselves."
Major companies operating in a wide range of areas can incorporate advanced technologies of startups into a broad range of fields, providing infinite possibilities. Mr. Yuba says that the chemistry between these companies will make them a gamechanger for customers and in a market.
From the left: Mr. Vu Quoc Huy, Director of the National Innovation Center; Ms. Chloe Chong, Deputy Commercial Manager of Tagteam Technologies; and Mr. Haruhiko Ozasa, President of JETRO Hanoi.
Tagteam Technologies, a Singaporean company, won an award for its proposal pitch for SMC Manufacturing as well as the Audience Award. The company proposed AI-powered data collection and annotation as a solution, expanding its business from Singapore to the wider Asian market. They said they had decided to participate in this pitch event because they had identified business opportunities in the also ongoing technological evolution in the Japanese market. Ms. Chloe Chong, Deputy Commercial Manager of Tagteam, talked about their expectations for future partnerships with Japanese companies:
"As a series-A startup, we do need a lot of partnerships to grow and expand into the overseas market. We tried our best to partner with innovative challengers that can help us to meet and partner with other organizations as well. This opportunity has been very rewarding for us."
The event foreshadowed the creation and realization of new innovations by bringing about unexpected reactions through cross-border business collaboration.
The next ASEAN Japan Fast Track Pitch Event 2024 will be held in Jakarta, Indonesia in December this year. For startups all over the world that aim to realize a business model through collaboration with major companies, the website below provides details on challenges presented by challenge owners. Please check out them. Proposal submission will be open until October 27.
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