Congratulate Normsun & Co being enlisted under the D-Biz Programme!

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COVID-19, D-Biz, Normsun, STAR-CFO

Congratulate Normsun & Co (“Normsun”) being enlisted as one of the service providers under the D-Biz Programme!

Due to the coronavirus outbreak, the HK Government launches the Distance Business Programme (“D-Biz Programme”) which offers a qualified HK Company to apply for 100% funding support for up to 3 digital transformation projects (with a cap of HK$100,000 each).

Normsun is offering its STAR-CFO™ solutions including (a) Financial Management; (b) Human Resources Management; (c) Remote Document Management that can be covered through the D-Biz Cat6, Cat7 and Cat 8 D-Biz projects:

• Category 6: Online / cloud-based financial management systems
• Category 7: Online / cloud-based human resources management systems
• Category 8: Remote document management, cloud storage, and remote access services

You may enjoy adopting the solutions for a budget within HKD300K and get a 100% project cost refund by the HK Government!

Riding on the D-Biz application’s success, you can turn the current marketing threats into opportunities! You may achieve your business success through the leapfrog of technology riding on adopting our STAR-CFO™ offers!

Don’t miss this golden opportunity! Please click the link now and our corporate advisory arm (ACH Worldwide Ltd) can help you learn more about these and support you for the application.

疫情下風投的契機: 在家健身科技

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COVID-19, Gym, homeGym

作者：林屏 | 王家其

疫情讓大家百無聊賴，也讓大家更注重健康！沒法三五知己外出健身，唯有不約而同在家鍛鍊，既然要虛擬會議，也就虛擬健身吧！接受虛擬健身訓練的最大挑戰，就是虛擬感知用家健身動作！

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SpectraLIT demonstration for classifying unknown liquids in secs

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COVID-19, SpectraLIT

Presented by Dr. Amanda Lim and Dr. Kyle Wong, ACH Worldwide

ACH on behalf of AI InnoBio received the first SpectraLIT prototype (invented by Newsight Imaging) in Asia.

The SpectraLIT is Newsight’s evaluation kit for its “Spectrometer on Chip” NSP2020. The NSP2020 is small size chip, which detect light intensity in wavelength between 400 to 700nm and provides 1024 12bit digital vectors, representing the light intensity of each wavelength. The 1024 vectors allowing creation of high-resolution spectral signature of the tested substance. The SpectraLIT offers the following advantages:
⁃ Compact size
⁃ Mobile
⁃ High precision
⁃ Low cost

ACH believes that the SpectraLIT will be an excellent tool in:
⁃ Food Safety
⁃ Disease Prevention
⁃ Personal Hygiene
⁃ Product quality control

ACH will work with AI InnoBio to build more use SpectraLIT application cases in the Greater Bay Area. Priority will be given to the detection of bacterial and virus including the COVID-19.

NewSight, which is headed by veteran semi-conductor professionals, is headquartered in Ness Ziona, Israel. The company has offices in Jiashan Science Park, near Shanghai to support and develop its business in China.

Use Robots to Make Housing More Affordable

Tags

Construction, Housing, Robots

Written by Dr. Kyle Wong, Ph.D. and CFA, Project Director at ACH Worldwide Limited

Everyone complains about how unaffordable housing is around the world.  Indeed, the rise in house price exceeds that of salary in most places.  One culprit is the macro environment: the persistently low-interest rate is an important factor driving up real estate prices.  The low-interest-rate explains the high price from the demand side.  The other side of the equation is the supply side.  Building construction is simply becoming more and more expensive.  Not only is the price of land rising all over the world, labour and material cost is also rising.  It is estimated that 25% to 35% to build a property comes from labour cost (1).  In interior design projects, the labour required is intensive and the tasks take longer and have to be carried out by highly skilled workmen.  Such works usually have a 50% ratio between labour and materials.  So any technology to reduce labour cost in the construction process will make housing more affordable for everyone.

There are two major factors driving up labour cost.  Young people complain about the tough and hazardous working environments and so they avoid entering the construction profession at reduces the supply of workers.  Secondly, governments are increasing the protection and benefits to workers by legislating more rest breaks and more safety gear.  These have improved the working environment of construction workers but also increased the labour cost.  In many countries like Singapore, many developers have trouble finding skilled workers and start to import foreign workers.  But as the COVID-19 crisis shows, it can create other problems.

 

OKIBO, an Israeli startup, wants to deploy smart robots in construction sites.  Their first generation of robots focuses on dry-wall plastering.  The advantages are speed, quality, reliability, and of course cost.  Their core technologies are 3D scanning for accurate environment mapping, AI for autonomous work, advanced sensors for autonomous path planner and precision engineering to improve the accuracy of the robotic arm.  Currently they let construction companies in Israel try out their robots so they can receive valuable feedback to improve their prototypes.

Even though plastering is only a part of the construction process.  It is currently a 220B USD market and is expected to reach 400B in 2025 (Grandview Research, May 2019).  Once the technology in plastering is mastered, OKIBO believes their robots can apply the same technology to wall painting.  OKIBO’s goal is not to use robots to totally replace humans, but to enhance the workers’ productivity and safety.