Edited by Julie Yu 2009/11/02
Industrial Technology Research Institute (ITRI) hosts the Next Wave Sky Industry Business Opportunity Forum and Taiwan’s Award Ceremony of European Satellite Navigation Competition (ESNC) 2009. The event also marks the establishment of the Global Galileo Industry Alliance (GGIA), which is expected to create a market in NT$3.7 trillion in 2012.
Today (Nov. 2) Industrial Technology
(ITRI) hosts the Next Wave Sky
Industry Business Opportunity Forum and
Lee points out, ITRI
looks forward to integrating world resources of related industries
through GGIA in order to bring
new business opportunities, while through
to induce creative ideas in the applications of
satellite communication technology.
incubation and assistance
AG: It is located in
Septentrio: It is
The Creative Idea of Taiwan Takes 2nd Place In European Satellite Navigation Competition 2009
The award ceremony
Satellite Navigation Competition (ESNC) 2009 takes place today (Nov.
2) at Far Eastern Plaza Hotel.
Thorsten Rudolph, Chairman of ESNC, Johnsee Lee, President of ITRI, and
Wen-Hsin Chan, Consultant of DOIT, MOEA present awards to
ESNC started in EC in 2004. Originally, participants of the competition were limited to European Community countries.
Communications Research Laboratories (ICRL) of ITRI got the
citation for design
excellence at the ESNC
Starting from this year, ITRI established a value-added mechanism designed to help participating teams of ESNC. ITRI will offer participating teams to take advantage of ITRI's “value creation education session”. Each session will last 4 to 6 months. ITRI’s experts will offer consultation and education in five aspects, including creative thinking, market insight, R&D management, intellectual property value addition, and business development. These five capabilities are required to start a promising venture. During the education process, ITRI will help the participating teams generate “Three P's” - rapid prototyping (RP), intellectual property (IP), and business plan (BP). After this process, ITRI's assistance will link the participating teams to its incubation center, venture capital providers, and big business partners so that the innovative product concept can be turned into a start-up business.
One of the outstanding products selected through the incubation process is "AREA 911", which offers rescue functions in case emergency occurs. The fire-resistant product provides telecommunication, global positioning, life-sustaining, life-exploring, and floating functions. It can be embedded into homes, commercial buildings, and ships. ITRI will continue to provide evaluations and suggestions to companies which took part in ESNC 2009. ITRI will also provide start-up consultation and venture capital to companies with promising satellite terminal products.
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