Artificial Intelligence
IEEE Computer Society’s Top 12 Technology Trends for 2020
IEEE Computer Society (IEEE CS) tech experts unveil their annual predictions for the future of tech, presenting what they believe will be the most widely adopted technology trends in 2020. Six of the top 12 technology predictions have been developed into peer-reviewed articles published in Computer magazine’s December issue, covering topics that include cognitive robotics, practical drone delivery, and digital twins. The tech future forecast by the world’s premier organization of computer professionals consistently ranks as one of its most anticipated announcements.
“These predictions identify the top dozen technologies that have substantial potential to disrupt the market in the year 2020,” said Cecilia Metra, IEEE Computer Society President.
“In 2020 we expect to see ever-increasing adoption of AI in various use cases such as AI@Edge, cognitive robots and drones, as well as with verticals that include cybersecurity, cyber-physical systems, and adversarial machine learning,” said Dejan Milojicic, Hewlett Packard Enterprise Distinguished Technologist and IEEE CS past president (2014). “We are also anticipating a breakthrough in the adoption of non-volatile memory, digital twins, and additive materials. We are excited about our predictions and the bets we have made for 2020 technology trends.”
The top 12 technology trends predicted to reach adoption in 2020 are:
- Artificial Intelligence (AI) at the edge (AI@Edge). The last decade has seen an explosion of machine learning (ML) in our daily interactions with the cloud. The availability of massive crowd-sourced labeled data, the increase in computer power efficiency at lower cost, and the advances of ML algorithms, lay the foundation of this disruption. As techniques improve and become robust enough to automate many activities, there is an increased demand for using ML in new ways that are more pervasive than the initial cloud use cases. Combined with ubiquitous connectivity such as 5G, and intelligent sensors such as the Internet of Things (IoT), ML applications will rapidly move to the “edge,” the physical world close to us all. In the upcoming years, we expect to see the widespread deployment of ML in areas that will have a far greater impact on our daily lives, such as assisted driving, industrial automation, surveillance, and natural language processing.
- Non-volatile memory (NVM) products, interfaces and applications. NVM Express (NVMe) SSDs will replace SATA and SAS SSDs within the next few years, and NVMe-oF will be the dominant network storage protocol in five years. NVMe enables NAND tiering technologies and programming functions that increase endurance, enable computational storage, and allow more memory-like access to data. Emerging memory technologies such as MRAM, ReRAM and PCM will provide future higher performance NVMe devices.
- Digital twins, including cognitive twins. Digital twins are a reality in the manufacturing industry, and major IoT platforms, like Siemens MindSphere, are supporting them. They have also become a widespread tool in complex system operations; railways and power plants have been used in cities since Jan 1, 2019. The Singapore administration uses digital twins for planning, simulation and operations in Singapore. Cognitive digital twins are in the early stages of trial and experimentation.
- AI and critical systems. (AI) will be deployed increasingly in more systems that affect the health, safety and welfare of the public. These systems will better utilize scarce resources, prevent disasters, and increase safety, reliability, comfort, and convenience. Despite the technological challenges and public fears, these systems will improve the quality of life for millions of people worldwide. Within five years, there will be a significant increase in the application of AI in critical infrastructure systems, or “critical systems,” that directly affect the health, safety, and welfare of the public and in which failure could cause loss of life, serious injury, or significant loss of assets or privacy. Critical systems include power generation and distribution, telecommunications, road and rail transportation, healthcare, banking, and more.
- Practical delivery drones. Parcel delivery is an industry of enormous economic impact, and yet has evolved relatively slowly over the decades. It can still be frustratingly slow, wasteful, labor-intensive, and expensive. These inefficiencies, combined with recent developments in drone technology, leave the field ripe for disruption. Several companies have recently worked to develop practical delivery drones, which may now be ready to completely transform this industry, and consequently society as a whole.
- Additive manufacturing. 3D printing has existed since at least the early 1980’s but has largely been confined to part prototyping and small-scale production of special-purpose or exotic pieces. Currently, new processes, materials, hardware, software, and workflows are bringing 3D printing into the realm of manufacturing, especially for mass customization. Unlike traditional manufacturing, additive manufacturing makes it economically viable to produce a high volume of parts where each one is different. For instance, companies like SmileDirect now use 3D printers to generate tens of thousands of molds each day, each customized to make an orthodontic aligner for an individual person. Stronger and more robust materials, finer resolution, new finishing techniques, factory-level management software, and many other advances are increasing the adoption of 3D printing in industries such as healthcare, footwear, and automotive. In 2020, we expect to see this trend continue as other industries discover the benefits of mass customization and the opportunity to print parts that are not easy or affordable to produce using traditional means.
- Cognitive skills for robots. Robots are spreading more and more from the manufacturing floors into spaces occupied by humans. There is a need for robots in such environments to be able to adapt to new tasks through capabilities such as increased comprehension of the environments within which they are situated. We predict that recent breakthroughs in large-scale simulations, deep reinforcement learning, and computer vision, collectively will bring forth a basic level of cognitive abilities to robots that will lead to significant improvements in robotic applications over the next few years.
- AI/ML applied to cybersecurity. Cybersecurity is one of the key risks for any business today. The growing attack surface includes amateur threats, sophisticated distributed denial of service attacks, and skilled nation-state actors. Defense depends on security analysts who are rare, lack adequate training, and have high turnover rates. Artificial Intelligence and Machine Learning (AI/ML) can help detect threats and offer recommendations to security analysts. AI/ML can drive down response times from hundreds of hours to seconds and scale analyst effectiveness from one or two incidents to thousands daily. It can preserve corporate knowledge and use it to automate tasks and train new analysts. We predict advancing the adoption of AI/ML applied to cybersecurity through a partnership among members of industry, academia, and government on a global scale.
- Legal related implications to reflect security and privacy. Data collection and leveraging capabilities are becoming more sophisticated and sensitive, often incorporating live feeds of information from sensors and various other technologies. These enhanced capabilities have yielded new streams of data and new types of content that raise policy and legal concerns over possible abuse: nefarious actors and governments may repurpose these capabilities for reasons of social control. Similarly, new technology capabilities also strain the abilities of average people to discern the difference between legitimate and fraudulent technology content, such as accepting an authentic video versus a “deep fake.” As such, the next year will prove critical to maintaining the fragile balance between preserving the social benefits of technology, on the one hand, and preventing undesirable repurposing of these new technology capabilities for social control and liberty deprivation, on the other. More aggressive legal and policy tools are needed for detecting fraud and preventing abuse of these enhanced technology capabilities.
- Adversarial Machine Learning (ML). ML generally assumes that the environment is not maliciously manipulated during the training and evaluation of models. In other words, most ML models have inadequately considered the ways in which an adversary can attack and manipulate the model’s functionality. Yet, security researchers have already demonstrated that adversarial, malicious inputs can trick machine learning models into desired outcomes, even without full information about a target model’s parameters. As ML becomes incorporated into other systems, the frequency of malicious attacks on ML will rise. As such, security research into adversarial machine learning and countermeasures aimed at detecting manipulation of machine learning systems will become critically important. Similarly, recognition of the fallibility and manipulability of ML systems will begin to inform policymaking and legal paradigms.
- Reliability and safety challenges for intelligent systems. Intelligent systems, capable of making autonomous decisions, are nowadays attracting an increasing economic investment worldwide. We expect that they will be increasingly adopted in several fields, including smart cities, autonomous vehicles, and autonomous robots. Depending on the application field, the autonomy of intelligent systems has been formalized by defined levels. Of course, the higher the level of intelligence and consequent autonomous capabilities, the stronger the requirements in terms of reliability and safety for the intelligent systems’ operation in the field, where reliability is defined as the likelihood of correct operation for a given amount of time, while safety refers to the ability to avoid catastrophic consequences on the environment and users. Guaranteeing the required high levels of reliability and safety that are mandated for highly autonomous intelligent systems will be one of the major technological challenges to be faced by 2020, to enable a smarter world.
- Quantum Computing. The quest for practical quantum computing will move forward in 2020, yet remain incomplete. At the beginning of 2020, experimental quantum computer demonstrations consume about 1/10,000 the energy of the world’s largest supercomputers while outperforming them by 1,000x or more–yet the demonstrated applications look like quantum computer self-tests. If quantum computers are destined to be successful, they will come about by increasing relevance and generality, having already demonstrated a computational advantage. We project demonstrations to become more compelling in the next year. For example, a quantum computer might perform a chemical simulation impossible by any standard supercomputer, leading to a more nuanced debate about whether the chemical that may be discovered will be useful to society.
The tech predictions analysis included a review of technologies that are considered very promising yet are not likely to reach broad adoption until after 2020. Such technologies include seamless assisted reality; virtual reality for business; distributed (cooperative) robotics; simulating whole world; autonomous vehicles; and printable bio-materials and tissue.
Technologies that were reviewed yet considered to have already reached broad adoption are photonic-based communication in data centers, facial recognition, 5G, multi-agent systems, security of IoT devices, disaggregated servers, and Blockchain.
The IEEE CS team of leading technology experts includes Mary Baker, HP Inc.; Tom Coughlin, Coughlin Associates; Erik DeBenedictis, entrepreneur; Paolo Faraboschi, Hewlett Packard Enterprise VP and Fellow; Eitan Frachtenberg, data scientist; Danny Lange, VP of AI at Unity; Phil Laplante, professor, Penn State; Andrea Matwyshyn, Professor and Assoc. Dean of Innovation, Penn State Law – University Park, and professor, Penn State Engineering; Avi Mendelson, professor, Technion and NTU Singapore; Cecilia Metra, professor, Bologna University and IEEE CS President; Dejan Milojicic, Hewlett Packard Enterprise Distinguished Technologist and IEEE Computer Society president 2014; Roberto Saracco, Chair of the Symbiotic Autonomous Systems Initiative of IEEE-FDC; and Jeffrey Voas, NIST. The technical contributors for this document are available for interviews.
Visit the 2020 Tech Trends page to access free downloads of the exclusive technology articles.
Join the experts for an exciting Web Chat on December 17 as they discuss the 2020 technology predictions.
At the end of 2020, the IEEE CS tech experts will review the past predictions to determine how closely they match up to technology’s reality. Check back in December 2020 as IEEE CS grades its latest predictions. For past technology forecasts visit the 2019 technology predictions, and view the 2019 prediction scorecard for evaluations and grades of past predictions.
SOURCE IEEE Computer Society
Artificial Intelligence
More than $9 Million Awarded to High School Scientists and Engineers at the Regeneron International Science and Engineering Fair 2024
Grace Sun, 16, receives $75,000 Top Award for a new kind of organic electrochemical transistor at the world’s largest pre-college science, technology, engineering and math (STEM) competition.
TARRYTOWN, N.Y. and WASHINGTON, May 17, 2024 /PRNewswire/ — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Society for Science (the Society) announced that Grace Sun, 16, of Lexington, Kentucky, won the $75,000 top award, the George D. Yancopoulos Innovator Award, named in honor of the pioneering drug researcher and Regeneron co-Founder, Board co-Chair, President and Chief Scientific Officer, in the 2024 Regeneron International Science and Engineering Fair (Regeneron ISEF), the world’s largest pre-college science and engineering competition. Other top prizes went to projects in second-order cone programming, microplastics filtration and multi-sensory therapy for dementia.
The top winners were honored during two award ceremonies: the Special Awards on May 16 and the Grand Awards Ceremony on the morning of May 17. In total, over $9 million USD was awarded to the finalists based on their projects’ creativity, innovation and depth of scientific inquiry. The competition featured nearly 2,000 young scientists representing 49 U.S. states and nearly 70 countries, regions and territories across the world.
Grace Sun, 16, of Lexington, Kentucky, won first place and received the $75,000 George D. Yancopoulos Innovator Award for her research on building a better organic electrochemical transistor that she hopes will be used to develop new electronic devices that could help detect and treat serious illnesses like diabetes, epilepsy and organ failure. To overcome the problems that have previously prevented such devices from working effectively inside the body, Grace developed a new way of chemically treating their organic components, which greatly improved their laboratory performance.
Michelle Wei, 17, of San Jose, California, received one of two Regeneron Young Scientist Awards of $50,000 for her research to improve the speed and efficiency of a type of software that is useful in many fields such as machine learning, transportation and financial systems. Michelle’s new approach involved determining a quick approximate solution to the second-order cone programming problem, then splitting the initial cone into smaller cones, which enabled her new algorithm to greatly outperform previous approaches.
Krish Pai, 17, of Del Mar, California, received the second Regeneron Young Scientist Award of $50,000 for his machine-learning research to identify microbial genetic sequences that can be modified to biodegrade plastic. His new software, called Microby, scans databases of microorganisms and determines which ones can be changed genetically to biodegrade plastics. In tests, he identified two microorganisms that can be genetically modified to degrade plastic at a cost he believes would be ten times less than traditional recycling.
“Congratulations to the Regeneron International Science and Engineering Fair 2024 winners,” said Maya Ajmera, President and CEO, Society for Science and Executive Publisher, Science News. “I’m truly inspired by the ingenuity and determination shown by these remarkable students. Coming from around the world with diverse backgrounds and academic disciplines, these students have shown that it is possible to come together in unity to tackle some of the toughest challenges facing our world today, and I could not be prouder.”
Regeneron ISEF provides a global stage for the world’s best and brightest young scientists and engineers. Through this competition, Regeneron and the Society are fostering the next generation of STEM leaders who are pioneering solutions to improve our world. Since 2020, Regeneron has provided STEM experiences to approximately 2.4 million students, on track to meet its goal of 2.5 million by 2025.
“The talent, intelligence and potential of this year’s Regeneron ISEF finalists is truly inspiring, and I congratulate each on their remarkable achievements,” said George D. Yancopoulos, M.D., Ph.D., co-Founder, Board co-Chair, President and Chief Scientific Officer of Regeneron. “Science competitions like ISEF were pivotal in shaping my own career and fueling my passion to fight back against disease. I look forward to seeing these students continue to push the boundaries of science and technology to create positive and sustainable change for all humanity.”
Other top honors from the competition include:
Justin Huang and Victoria Ou, both 17, of Woodlands, Texas, received the Gordon E. Moore Award for Positive Outcomes for Future Generations of $50,000 for their new prototype filtration system that uses ultrasonic waves to remove microscopic plastic particles from water. In lab tests, the acoustic force from the high-frequency sound waves removed between 84% and 94% of the suspended microplastic particles in a single pass. The students are now working to scale up and fine-tune their experimental system.
Ingrid Wai Hin Chan, 17, of Hong Kong, China received the Craig R. Barrett Award for Innovation of $10,000 for her research on using a multi-sensory therapy for dementia patients. Her mixed therapy app would allow patients to practice physical and cognitive skills through a personalized, immersive environment using virtual reality headsets. Ingrid conducted an eight-week study with six people living with dementia and found that the cognitive function of patients who used her prototype improved in several areas. She believes her app could serve as a viable option for dementia patients with limited access to in-person professional therapy.
Tanishka Balaji Aglave, 15, of Valrico, Florida, received the H. Robert Horvitz Prize for Fundamental Research of $10,000 for her investigation into a natural alternative treatment against citrus greening, a disease that threatens citrus farming in many parts of the world and is currently only treated with antibiotics. Tanishka injected the trunks of infected trees with an extract from the curry leaf tree, and found through tests that this potential method could effectively and sustainably manage citrus greening disease.
Maddux Alexander Springer, 18, of Honolulu, Hawaii, received the Peggy Scripps Award for Science Communication of $10,000 for his research into fibropapillomatosis (FP), a disease that is the primary cause of death in green sea turtles. Some turtles he studied in Kaneohe Bay, Hawaii, were stricken with a disease that causes internal and external tumors that inhibit their everyday lives. After analyzing the turtles’ diet of green algae, Maddux concluded that this disease, wastewater, invasive algae and the amino acid arginine all pose a grave risk to these endangered sea creatures.
Ria Kamat, 17, of Hackensack, New Jersey; Anna Oliva, 17, of Houston, TX; and Shuhan Luo, 18, of Worcester, MA, received the Dudley R. Herschbach SIYSS Award, which provides finalists an all-expense paid trip to attend the Stockholm International Youth Science Seminar during Nobel Week in Stockholm, Sweden.
Jack Shannon, 18, of Clane, Kildare, Ireland, and Nikhil Vemuri, 17, of Cary, North Carolina, received the EU Contest for Young Scientists Award. Their projects will represent Regeneron ISEF at the EU Contest for Young Scientists to be held this September in Katowice, Poland.
For more information about the top winners and access to visual assets visit: https://www.societyforscience.org/isef-2024-media-kit.
The full list of Special Award ISEF 2024 Finalists can be found at https://www.societyforscience.org/press-release/regeneron-isef-2024-special-awards-winners.
In addition to the Top Award winners, more than 450 finalists received awards and prizes for their innovative research, including “First Award” winners, who each received a $5,000 prize.
The following lists the First Award winners for each of the 22 categories, from which the Top Awards were chosen:
Animal Sciences, sponsored by Society for ScienceMaddux Alexander Springer, Honolulu, Hawaii
Behavioral and Social Sciences, sponsored by Society for ScienceAndrew Y. Liang, San Jose, California
Biochemistry, sponsored by RegeneronAmy Hong Xiao, Garden City, New York
Biomedical and Health Sciences, sponsored by RegeneronRia Kamat, Hackensack, New Jersey; Kevin Xuan Lei, Shanghai, China
Biomedical Engineering, sponsored by Alfred E. Mann CharitiesAyush Garg, Dublin, California; Divij Motwani, Palo Alto, California; Akash Ashish Pai, Portland, Oregon
Cellular and Molecular Biology, sponsored by RegeneronLara and Maya Sarah Hammoud, Beverly Hills, Michigan
Chemistry, sponsored by Society for ScienceAkilan Sankaran, Albuquerque, New Mexico; Arjun Suresh Malpani and Siddharth Daniel D’costa, Portland, Oregon
Computational Biology and Bioinformatics, sponsored by RegeneronKun-Hyung Roh, Bronx, New York
Earth and Environmental Sciences, sponsored by Google.orgNikhil Vemuri, Durham, North Carolina; Justin Yizhou Huang and Victoria Ou, The Woodlands, Texas
Embedded Systems, sponsored by HPChloe Rae and Sophie Rose Filion, Welland, Ontario, Canada
Energy: Sustainable Materials and Design, sponsored by Siemens EnergyAlia Wahban, Hamilton, Ontario, Canada
Engineering Technology: Statics and Dynamics, sponsored by Howmet Aerospace FoundationChiyo Nakatsuji, Bunkyoku, Tokyo, Japan; Kevin Shen, Olympia, Washington
Environmental Engineering, sponsored by JacobsKrish Pai, San Diego, California; Jack Shannon, Clane, Kildare, Ireland
Materials Science, sponsored by Howmet Aerospace FoundationGrace Sun, Lexington, Kentucky
Mathematics, sponsored by Akamai FoundationAnna Oliva, Houston, Texas
Microbiology, sponsored by Schattner FoundationMatthew Chang, Irvine, California
Physics and Astronomy, sponsored by Richard F. Caris Charitable Trust IIHarini Thiagarajan and Vishal Ranganath Yalla, Bothell, Washington; Shuhan Luo, Worcester, Massachusetts
Plant Sciences, sponsored by Society for SciencePauline Estrada, Fresno, California; Tanishka Balaji Aglave, Dover, Florida
Robotics and Intelligent Machines, sponsored by RegeneronMichal Lajciak, Dubnica nad Vahom, Trenciansky kraj, Slovakia; Anthony Efthimiadis, Oakville, Ontario, Canada
Systems Software, sponsored by MicrosoftMichelle Wei, San Jose, California
Technology Enhances the Arts, sponsored by Society for ScienceAnant Khandelwal, Sritan Motati and Siddhant Sood, Alexandria, Virginia
Translational Medical Science, sponsored by RegeneronZheng-Chi Lee, West Lafayette, Indiana; Ingrid Wai Hin Chan, Hong Kong, China
The full list of all award-winning ISEF 2024 finalists is available here: https://www.societyforscience.org/press-release/regeneron-isef-2024-full-awards.
View all the finalists’ research here: https://projectboard.world/isef.
About the Regeneron International Science and Engineering FairThe Regeneron International Science and Engineering Fair (Regeneron ISEF), a program of Society for Science for over 70 years, is the world’s largest global science competition for high school students. Through a global network of local, regional and national science fairs, millions of students are encouraged to explore their passion for scientific inquiry. Each spring, a group of these students is selected as finalists and offered the opportunity to compete for approximately U.S. $9 million in awards and scholarships.
In 2019, Regeneron became the title sponsor of ISEF to help reward and celebrate the best and brightest young minds globally and encourage them to pursue careers in STEM to positively impact the world. Regeneron ISEF is supported by a community of additional sponsors, including Akamai Foundation, Alfred E. Mann Charities, Aramco, Caltech, Google.org, Gordon and Betty Moore Foundation, Howmet Aerospace Foundation, HP, , Jacobs, King Abdulaziz & his Companions Foundation for Giftedness and Creativity, Microsoft, National Geographic Society, Richard F. Caris Charitable Trust II, Rise, an initiative of Schmidt Futures and the Rhodes Trust, Schattner Foundation, Siemens Energy, Annenburg Foundation, Ballmer Group, Broadcom Foundation, Cesco Linguistic Services, Conrad N. Hilton Foundation, Edison International, Insaco, Oracle Academy, The Eli and Edythe Broad Foundation, The Ralph M. Parsons Foundation and US Army ROTC. Many are entrepreneurs across a wide range of industries. Learn more at https://www.societyforscience.org/isef/.
About Society for ScienceSociety for Science is a champion for science, dedicated to promoting the understanding and appreciation of science and the vital role it plays in human advancement. Established in 1921, Society for Science is best known for its award-winning journalism through Science News and Science News Explores, its world-class science research competitions for students, including the Regeneron Science Talent Search, the Regeneron International Science and Engineering Fair and the Thermo Fisher Scientific Junior Innovators Challenge, and its outreach and equity programming that seeks to ensure that all students have an opportunity to pursue a career in STEM. A 501(c)(3) membership organization, Society for Science is committed to inform, educate and inspire. Learn more at www.societyforscience.org and follow us on Facebook, Twitter, Instagram and Snapchat (Society4Science).
About RegeneronRegeneron (NASDAQ: REGN) is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to numerous approved treatments and product candidates in development, most of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases and rare diseases.
Regeneron believes that operating as a good corporate citizen is crucial to delivering on our mission. We approach corporate responsibility with three goals in mind: to improve the lives of people with serious diseases, to foster a culture of integrity and excellence and to build sustainable communities. Regeneron is proud to be included on the Dow Jones Sustainability World Index and the Civic 50 list of the most “community-minded” companies in the U.S. Throughout the year, Regeneron empowers and supports employees to give back through our volunteering, pro bono and matching gift programs. Our most significant philanthropic commitments are in the area of early science education, including the Regeneron Science Talent Search and the Regeneron International Science and Engineering Fair (ISEF).
For more information, please visit www.Regeneron.com or follow Regeneron on LinkedIn, Instagram, Facebook or X.
More information about the top winners and access to visual assets visit: https://www.societyforscience.org/isef-2024-media-kit.
Media ContactsJoseph Brown, [email protected]
Gayle Kansagor, Society for [email protected]
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Artificial Intelligence
J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Announce Winner of Inaugural 2024 Life Sciences Innovation Summit
In conjunction with Abu Dhabi Global Healthcare Week 2024
ABU DHABI, UAE, May 17, 2024 /PRNewswire/ — J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Group announced today Rayees Rahman of Harmonic Discovery as the winner of the inaugural J.P. Morgan Asset Management: Life Sciences Innovation Summit. Harmonic Discovery is a precision pharmacology company applying its generative chemistry platform to advance next-generation kinase inhibitors.
In partnership with the Department of Health – Abu Dhabi (DoH), the Summit took place on May 14-15, 2024 at Cleveland Clinic Abu Dhabi and showcased the 11 innovative finalists, as well as highlighted existing innovators and opportunities in the Emirate of Abu Dhabi. The event also featured keynote speeches from Dr. Laurie Glimcher of Dana-Farber Cancer Institute, Dr. Shahrukh Hashmi of the Department of Health – Abu Dhabi, and Dr. David Ho of Columbia University Medical Center and provided attendees networking opportunities to gain valuable insights into the future of life sciences innovation.
In addition, the jury designated Chun-Hao Huang of Algen Biotechnologies as honourable mention. Algen Biotechnologies is a platform therapeutics and drug discovery company using world-leading CRISPR and AI to find treatments for cancer, inflammation and metabolic diseases.
The winners were selected by an esteemed, international panel of judges, which included:Laurie Glimcher, MD, President and CEO at Dana-Farber Cancer InstituteJorge Guzman, MD, CEO at Cleveland Clinic Abu DhabiProf. Shahrukh Khurshid Hashmi, MD, Director of Research, Department of Health, Abu DhabiYasmine Hayek Kobeissi, PhD, CQF, BSc., Executive Director at Blue Horizon AdvisorsAnya Schiess, Managing Partner at J.P. Morgan Life Sciences Private CapitalWalid Zaher, PhD, Co-Founder and CEO, Carexso
Dr. Asma Al Mannaei, Executive Director of the Research and Innovation Centre at the Department of Health – Abu Dhabi said: “Under the directives of the UAE’s wise leadership, and renowned for its world-leading medical infrastructure, Abu Dhabi stands at the forefront of healthcare excellence, offering an unparalleled opportunity for advancement in healthcare for global partners. It was our utmost pleasure hosting the J.P. Morgan Asset Management Life Sciences Innovation Summit 2024 on the sidelines of Abu Dhabi Global Healthcare Week and we commend the winners for their pioneering efforts in driving impactful advancements in healthcare; their dedication to innovation not only transforms the landscape of medicine, but also holds the promise of improving lives worldwide.”
Stephen Squinto, PhD, Chief Investment Officer, J.P. Morgan Life Sciences Private Capital said: “We are thrilled with the level of biotech passion and innovation that we observed at this year’s Summit in Abu Dhabi. The energy was truly palpable we are thrilled to announce Rayees Rahman as the winner of our first Life Sciences Innovation Summit. Harmonic Discovery’s approach embodies the next generation of drug discovery and development. We appreciate the time and effort of all participants and cannot wait for our next event in the region.”
Nabil Kobeissi, Chief Executive Officer of Blue Horizon Advisors, said: “As the main sponsor, we are committed to nurturing and fostering the growth of all 11 finalists in this vibrant biotech ecosystem. This Summit marks the beginning of a transformative journey, and we are confident that it will pave the way for a flourishing hub in the region. We are also pleased to announce that we will commit to invest in and partner with the winner, Harmonic Discovery, to support its future growth in the region.”
Sponsors for the event included J.P. Morgan Life Sciences Private Capital, J.P. Morgan Commercial Bank, Blue Horizon Advisors, United Al Saqer Group, Thermo Fisher Scientific, and Salam Capital. The Summit organisation, logistics and finalist recruitment were facilitated by Lyfebulb.
Of importance, at the Summit, Mr. Mohamed Al Breiki, Executive Director of Sustainable Development at Masdar City, announced that Masdar City Free Zone would award all 11 Finalists complimentary business licenses to further support their establishment in the region. Masdar City is one of the world’s most sustainable urban developments and innovation hubs with a growing focus on life science entrepreneurship in Abu Dhabi.
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Artificial Intelligence
Congregating in the Lion City for a Win-Win Future of Intelligent Computing at the Global Data Center Facility Summit 2024
SINGAPORE, May 17, 2024 /PRNewswire/ — On May 17, 2024, the Global Data Center Facility Summit 2024 was held in Singapore with the theme of “Power the Digital Era Forward.” At the summit, over 600 data center industry leaders, technical experts, and ecosystem partners gathered to discuss new trends and opportunities of the global data center industry in the intelligent computing era. The attendees also got to experience all-scenario, all-ecosystem, and all-service end-to-end (E2E) solutions, share innovative practices of green data centers in the Asia Pacific and Europe, and experience the exhibition vehicle to unveil the mystery of Outdoor PowerPOD that features one power system per container. By fully embracing the intelligent computing era, Huawei strives to power the digital era forward.
Seizing Opportunities Brought by AI and Jointly Building Green & Reliable Computing Infrastructure
At the opening speech, Charles Yang, Senior Vice President of Huawei and President of Marketing, Sales and Services, Huawei Digital Power, noted that since ChatGPT ushered in the AI era, large models keep pushing the limits of computing power and the intelligent computing industry is witnessing an unprecedented construction boom. As predicted, 100 GW will be added to the global data center installed capacity and the market value will exceed US$600 billion in the next five years.
According to Charles, with opportunities come challenges. The primary challenge concerning the data center industry is reliability and electricity. Data centers are scaling up from the MW-level to the GW-level. E2E reliability of data centers is becoming even more important than ever. In response to the opportunities, Huawei will work with customers and partners to expand the industry space.
Steering Data Centers to the AI Era with Product + Service + Ecosystem
During the summit, Sun Xiaofeng, President of Huawei Data Center Facility & Critical Power Business, delivered a speech titled “Power the Digital Era Forward. ” He stated that as AI large models are penetrating, the surging compute demands drive the expansive growth in data center.
To address the challenges, Huawei strives to build product + service + ecosystem E2E data center solutions that feature fast deployment, flexible cooling, green energy, and ultimate reliability.
Fast deployment: Data centers are fully modularized and prefabricated to ensure high quality and efficient construction.Flexible cooling: Air-liquid fusion and integrated cooling source emerges as the optimal cooling architecture for intelligent computing.Green energy: New generation-grid-load-storage integrated solution is built to ensure the sound operations of intelligent computing centers.Ultimate reliability: Data centers are safeguarded through reliable products and preventive protection.Currently, Huawei’s global service network covers more than 170 countries with over 1800 professional engineers, providing 24/7 technical support. With N+ flagship service centers, Huawei has built a one-hour service radius for its customers.
The ecosystem is a key part for a win-win future of intelligent computing. Huawei works with partners to develop comprehensive E2E solutions and provide customers with one-stop data center services.
During the summit, Huawei and the ASEAN Centre for Energy released a white paper on “Building Next Generation Data Center Facility in ASEAN.” The document provides insights into the status quo, challenges, and trends of data centers in the ASEAN region, and emphasizes that efficient and energy-saving products and solutions should be applied. It also proposes future-oriented policy recommendations for data center markets.
In the ecosystem exhibition area, Huawei showcased scenario-based solutions for large-, medium-, and small-sized data centers, and demonstrated data center consulting, design, integrated development, and delivery capabilities with dozens of ecosystem partners including CIMC, Weichai, CSCEC, and Huashi.
On a special note, the Huawei Outdoor PowerPOD exhibition vehicle made its global debut. The Huawei Outdoor PowerPOD features one power system per container, outdoor deployment, plug-and-play, and high protection rating and reliability. It has become the preferred choice for decoupling the power supply architecture.
A single tree cannot make a forest.
AI is presenting great opportunities. By delving into the industry, aggregating partner ecosystems, and making innovations applicable to transformations, Huawei will continue to help customers build reliable computing infrastructure, accelerating the industry to embrace AI and powering the digital era forward.
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