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“Can traditional enterprises stay competitive in the Age of AI?” & “Can we stay ahead of the curve in the Age of AI?”. These are the two key questions that today’s business leaders, executives & professionals in traditional & even technology companies are asking themselves.

My #CUHK #BusinessSchool #APIB teammates & I have put together a 2 days executive education program “The Power Duo of AI and Big Data”. It aims to answer the 2 key questions above. Find out more here.

Program Brochure:
https://lnkd.in/gFf44U7

Introductory Video:
https://lnkd.in/gj-n3Nw

Program Webpage:
https://lnkd.in/gga9qQi

The format of the program is a combination of lectures, case studies, group discussion, demo and hands-on, fireside chats with top business executives and AI leaders from corporates, #startups & #SMEs.

“Keep #Learning” or “#Reskilling” is one of the smartest ways to spend our time under the #Covid19. Good news is that this program is supported by the HK government #RTTP scheme. Participants may apply for the funding support & will pay only 1/3 of the fee.

The schedule is set on Aug 19 and 20, 2020. Hopefully it can be delivered in our campus classroom but it is also ready for a hybrid mode of campus and online Zoom. See you there.

#AI #BigData #DigitalTransformation

Just completed teaching our #CUHK #MBA AI and Machine Learning Applications in #FinancialServices course tonight. I was impressed by our students’ final project presentations. The theme was how financial services incumbents or FinTech start-ups made use of AI and ML. Our students chose #Citi#HangSengBank#JD#SenseTime and #WeChat for their group projects. Well done, teams.

I would like to thank all guest speakers Vivek Mohindra 默威克 Tim Leung George Lee Medhy Souidi and Jacob Wai 韋達人, LLM, MBA, FRM, FCMA, MHKCS to share their experience on how AI applied to #BankTech #WealthTech #InsurTech #PayTech #RegTech #LendTech. Special thank to Professor Kalok Chan to bring me this great opportunity to teach this program.

We have studied not just AI #technologies but also #BusinessModel and #Innovation of leaders like #Tencent #DBS #HSBC #MasterCard #KristalAI #Lemonade #Wealthfront #LendingClub #WeLab #Cuvva #CCB #PingAn #AntFinancial and more.

We have done this course twice already. Students of last cohort were great as well.
https://lnkd.in/gnKvCXC

More students enrolled this year with a hybrid of classroom and Zoom participation. Keep positive and keep learning about #DigitalTransformation #FinTech#AI#BigData and #MachineLearning even under the #Covid19.

Macao has been cultivating the Specialised Finance for the last few years. With the new government administration on board, a few exciting Financial Services initiatives are being explored and will soon be launched. AI is inevitably one of the key FinTech areas that Macao needs to support the Macao CE’s vision to transform Macao into a Digital Macao.

I am going to deliver a webinar on AI for Financial Services for the Faculty of Finance, the City University of Macau on May 14, 2020. Financial institutions and Financial Technologies (FinTech) startups are using AI and Machine Learning methods to assess credit quality, to price and market insurance contracts, and to automate client interaction. Some of these companies are optimising scarce capital with AI and machine learning techniques, as well as back-testing models and analysing the market impact of trading large positions. Financial services companies are using these technologies for regulatory compliance, surveillance, data quality assessment, and fraud detection. I will explore more on the webinar.

Here are more information for the webinar: https://lnkd.in/g6YArVm

Contact me if you would like to know more about Macao and explore more opportunities in Macao.

Leveraging technologies to keep learning and upskilling ourselves during this period of time is a positive way to manage today’s global chaos. I have delivered a series of forums in different cities in China on this topic.

I have explored why and how we should reskill ourselves to become big data literate and empower ourselves and colleagues around us to be a Citizen Data Scientist so that we can unleash the power of big data in the real world.

A summary of my China Series Webinar on Big Data Literacy in April 2020 can be found here:

https://mp.weixin.qq.com/s/FEXJKL4mea4qS_SVutGxBw

AI will bring human & machine to work closely together. Rather than just Automation, Augmentation is the real thing that we need to adapt to in this decade. Digital Colleague will be working with us perhaps managing and supervising us. In the professional world, that is no exception and excuse. Accounting and Finance industry is facing the same challenge. Digital Accountant is emerging & becomes a must for all in the industry.

We have delivered a CPD webinar today to ACCA members on the topic “The Most Wanted Accountant in the Digital Economy”. Hundreds of accounting & finance (F&A) professionals participated.  We have lots of respect to the learning attitude of our fellow ACCA’s members during the challenging period of the Coronavirus. We started the forum with 3 critical questions that every F&A professional needs to have serious thoughts in the Digital Economy.

  1. Will AI replace F&A professionals? How bad? How soon?
  2. Are there any new roles for F&A professionals? If yes, what are they?
  3. What & how should F&A professionals reskill themselves so they can continue to be relevant & capable of taking up the new roles in the Digital Economy?

Daniel Yuen shared his view on Citizen Data Scientist & why F&A professionals need to strengthen their Data Literacy.  Patrick Tsoi then demonstrated how Open Sources based big data tools can make a huge difference to visualize & manage Big Data from the traditional Excel and BI tools. Thanks to both.

Appreciate ACCA HK to lead the Digital Transformation for and bring in innovation to the Accounting & Finance industry in Hong Kong. I have been collaborating with the team since 20+ years ago. Two of the photos below were taken in the panels of two ACCA annual conferences 15 years in between. Amazing that both HSU President Simon Ho and I were in both panels. What a great memory. I hope I could continue to support it in the next 15 to 20 years. Thank you so much to ACCA.

Appreciate ACCA, Kornerstone Catherine Chan & OpenCertHub Andy Kwok to co-organize this webinar. Kornerstone provides Citizen Data Scientist training courses while OpenCertHub provides examinations to certify big data, AI & open-source talents.

Many of the offline classes & forums have been canceled or postponed due to the Cornavirus outbreak. Fortunately, technology can keep learning as usual. A group of big data experts has made use of technology to share their experience online on the topic of BigDataLiteracy in the DigitalEconomy.

HKPC together with OpenCertHub organized an online forum on the topic “The Most Wanted Data Technology Talent”. In this decade, AI & Big Data skill will be a necessity for everyone, not just IT & data scientists. We need IQ, EQ & now DQ in order to compete and survive. DQ stands for DataQuotient or DataLiteracy. Every business leader and executive needs to boost their DQ in order to be able to create data-driven business models and monetize their data. It is a common language like English that we use it for our business worldwide. Please refer to my previous article for more. https://lnkd.in/fwqbUff

Reskilling everyone of us to be a CitizenDataScientist has become an urgency in this decade no matter what industry & what position we are in now. Hundreds of audiences from a diverse background has joined the online forum. Glad that they have started aware of this urgency.

Thanks Patrick Tsoi , Daniel Yuen, Andy Kwok, HKPC Edmond Lai, Karen Fung, Desmond Chan, & the audiences joined the forum.

I was staying in the 1st 5 stars hotel in Malaysia, Federal Kuala Lumpur, last week while Malaysia had some major changes in political leadership at the same time. However, the start-ups ecosystem there is still growing rapidly.

I have been bringing Hong Kong as well as #GreaterBayArea startups to the rapidly growing ASEAN through Malaysia. More enterprises are open up their doors for startups. In addition, investors from VC & CVC are heating up. The Central bank is preparing to grant a few VirtualBank licenses soon. And more FinTech FinancialInclusion.

Attractive hackathons are coming to KL. Here is a great one for you. All startups worldwide are welcome. The application deadline is March 31, 2020. The City Architecture for Tomorrow Challenge CATCH is organised by Toyota Mobility Foundation and co-developed by Deloitte Future of Mobility Solution Centre, to drive intelligent data-driven, connected solutions towards more efficient, innovative, secure & sustainable cities.  BigData AI SmartCity.

Thanks for MDEC leadership & support. https://www.tmf-catch.org/ https://lnkd.in/fiEnv-z Let me know if you want to know more how to get into this attractive Tech market in SE Asia. There are good opportunities for startups, investors & enterprises. Cheers.

Traditional companies can compete well in the DigitalEconomy if they can reskill & empower their employees with BigData capabilities & DataLiteracy.  Adsale, a leading exhibition services company in Asia, is a great example.

My team & I have conducted a 2 days big data workshop to Adsale’s 60+ employees from top to middle mgt, from sales to ops. The learning culture of Adsale is what I admired the most. A traditional company has the practice to keep innovating & learning every year, from DesignThinking, to BigData & AI. Big Data is an enabler but an innovative culture is the key for any big data project success. In today’s digital era, every company needs to be DataDriven & every employee needs to be CitizenDataScientist in order to have the right to compete.

We talked about the core concepts, applications, monetization, platform, cases, implementation, challenge, org issues, prioritization, governance & more. I also invited big data startups LivelyImpact ClareAI Luna2 Radica to share their innovations & IT veteran Andrew Ling to share his experience as CIO of several major traditional companies. All these discussions were fruitful & practical.

Thanks to all guests, Adsale’s mgt & their teammates, my partner Ivan Ng for their active participation.

For AI and BigData startups, here is a great opportunity for you to further strengthen your innovations and fit them and expand into mainland China.

B4B Challenge 2020 B4BChallenge, a competition-cum-training program organised by B4B Limited to connect industries with start-ups and talents through an intensive 6-week mentorship program headed by Big Data gurus Herbert Chia and Dr. CHARM Toa. The finalists will be able to join an intensive Energiser Week in Shanghai, learn from the experts and enterprises there, and potentially find customers and partners for biz in China and Asia.

B4B Challenge 2020 is the 4th consecutive year of the competition. This year, under the theme of X-Ecosystem Digitisation, we will recruit from the cream of the cream i.e. the best AI and big startups in the region.

Apply now at: https://lnkd.in/fMGYNcP

For details, please visit www.b4bchallenge.com and https://lnkd.in/fwGBiir

Experts shared their views on the Enterprise Adoption and Business Models of OpenData and OpenSources in HKPC Hong Kong Productivity Council 1.5 months ago. If you have missed it, please watch and review it here on YouTube: https://lnkd.in/fnVsie4

In the capacity as the Chairman of OpenCertHub, I shared my view in the panel discussion on democratizing DataLiteracy to everyone to fuel the growth of DigitalEconomy. Gartner created the term BigData 2 decades ago and Big Data has further stormed the world since then. In the decade of 2020, we will see their vision on Data Literacy as a language for everyone in Digital Economy to become reality.

Apart from DataScientist, as Gartner took DataEconomy further, we need all business leaders and professionals to be CitizenDataScientist. AI and Big Data Open Sources tools will accelerate this. If you are interested in this topic, you can watch my session on the video (from 3:45 to 12:12).

I also had a previous post on the event organized by HKPC https://lnkd.in/fQHkiW8