From June 5th to 6th, “Creating the Era, Leading the future of the industry” 2024 ZhongCONG Global New Product Conference was successfully held in Singapore. Nearly 300 colleagues from the industry’s top enterprises, multinational organizations and associations from 20 countries and regions around the world gathered at the scene, this conference through the subversive new product release, big coffee on “wisdom”, peak dialogue, multi-field seminars and creative offline interactive exhibition, for online and offline participants to bring a trans-era significance of science and technology banquet. Let the world witness the perseverance and strength of Zhongkong technology based on the forefront of the industry, focusing on customer needs, accelerating technological research and application of major disruptive products, and leading industrial innovation and development; It has also further strengthened the confidence and pace of Zhongkang Technology’s transformation into a global leader in industrial AI, and the use of AI to promote sustainable industrial development.

2711P-T12W22D9P The roundtable dialogue session of this conference with the theme of “Embracing AI, Building a New Sustainable Future” Invited Bob Gill, General Manager of ARC Consulting Group Southeast Asia, Christian H.Sboro, Independent Member of PGN’s Supervisory Board, Brad Lee, Rotating Chairman of EMQ, Cui Shan, Chairman and President of Zhonghang Technologies, and Kazuhito, Solution Architect of Hitachi Yokoi’s five industry experts and global enterprise leaders conducted in-depth discussions and exchanges on topics such as the transformation of artificial intelligence to the industry, the application of AI technology, a new generation of subversive control systems, and the construction of global ecology, pooling wisdom and consensus, and seeking high-quality development of the industry. Bob Gill moderated the roundtable.

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Bob Gill: At present, new technologies such as industrial Internet, big data, digital twin, AI and other new technologies are increasingly integrated into the process industry. How do you see the opportunities and challenges brought by new technologies, especially generative artificial intelligence, to the process industry?

2711P-T12W22D9P Brad Lee: In the last two years, many industry buzzwords about generative AI have been mentioned frequently, and I firmly believe that generative AI is definitely the future of technology. However, at present, such emerging technologies still face a lot of uncertainties, involving government regulatory policies, whether the reserve and quality of data sets are enough to support large-scale language model training, and whether enterprise R&D personnel have relevant AI skill reserves. Therefore, enterprises need to explore and make trade-offs when thinking about how to properly deploy generative AI technology.

Christian H. Sboro: Cutting-edge technological innovation can bring many new development prospects and business opportunities for enterprises. For example, at PGN, we are currently faced with high costs caused by long product development cycles, unpredictable emergencies, and cumbersome production processes. The rise of artificial intelligence technology is undoubtedly an opportunity to solve PGN’s current dilemma. At the same time, we will encourage employees to change their traditional habits and mindsets, and adopt emerging technologies to truly transform the company from the inside out.

Cui Shan: The concept of artificial intelligence is not a completely new concept in the process industry. In the past, there have been many technologies based on data modeling to achieve industrial upgrading. But when ChatGPT came along, the sheer scale of the data calculus it demonstrated reinforced the value that data brought. Through the full application of artificial intelligence technology, many problems faced by traditional industries will be solved, which will bring explicit advantages such as efficiency improvement and revenue increase. In the future, Zhongcong technology will also go all out to help customers succeed with technological research and development innovation.