EDX Events Post

10 Technologies That Will Disrupt The Airport Industry by 2021

Technology and aviation are the future of the air transport industry, and many airports are now planning to follow the pattern. There is a compelling vision for improving a lot of innovation and other breakthrough technologies. The transformation of apps, parallel reality display, and captivating entertainment options will come into the limelight. The AI machine learning operations in different platforms have to be taken care of without any issues. However, many people believe that the airport industry’s groundbreaking developments will disrupt the happenings inside the airports to an extent. The personal experience of the passengers can be enhanced by sacrificing some other essential factors. Let’s take a look at the ten technologies that will disrupt the airport industry by 2021.

1. Robotics – from self-driving guide robots and autonomous vehicles to avatars and delivery drones

Automation is gaining a lot of momentum in the aviation industry, and there is a rapid advancement in robotics. Nowadays, many robots are seen inside the airports, and the technology used in the manufacturing of robotics is costly. The airport industry has to handle all the expenses one by one, and it may lessen their revenue. Many self-driving robots are helpful for luggage transportation. The airstair robot at the Incheon airport is becoming increasingly popular, and the AI-powered robots will win the hearts of many people. The robots are also helpful as they guide the international tourists to understand the routes of Incheon airport, and they are like the saviors of many. The robots in the terminal will help the passenger manage their luggage with a lot of conveniences.

The Hague Airport in Hong Kong has further improved the efficiency in handling the baggage process and enhances the working at the Airport. We are most likely to hear about this technology in the coming days as well. There is a rise in the use of autonomous vehicles and drones tested for a few years now. Delta Airlines is the current Georgia tech partner, and they have been developing such robots and avatars for delivery drones. Drone delivery becomes increasingly popular, primarily in Canada, and the cargo deliveries are handled quickly with this innovation.

Drones are also used to deliver food to the guests at the hotel in Amsterdam. Japanese Airlines is currently developing many new platforms and innovations, so robots and delivery drones can be enormous. They have already been working hard to bring avatars, and it will impact the lives of 7 billion people worldwide. Many fans planning to experience Tokyo Olympics 2020 will give them a wonderful experience through robotics on the seats.

2. Digital Twins

 Digital Twins is another widely discussed topic at various conferences. SITA Lab is currently working for Digital twins’ full functioning, but it is going to be very expensive. The US coast airport is trying to incorporate this into their airports, and the 3D interface will be used to display them onscreen. They have to improve the vision and the decision making and bring out a good view of airport operations. It is an excellent way to show the passengers of what is happening around the Airport and relive the memories from the past and play what will happen in the future. It is an effective way to handle disruptions in the travel industry and airports. The full potential of digital twins is built very wide and deep.

3. AI and Machine Learning

During the past few years, airports had been concentrating a lot on AI and machine learning. All of them are showing outstanding commitment and have now realized the true potential of Artificial intelligence. The airlines and airports are now adopting chat bots, and they are helping passengers improve the operations for a long time to come. Last year Air-Asia was working hard to deliver the best of AI and machine learning. The airlines have been claiming that millions are being invested, but the flights and crew have to follow necessary restrictions. The employees will become less as the robots and other essential details have taken over the airports. The smart tail assignments, managing, and solution of disruptions will take the airports to a new level. The employment in the airport sector will become low and it will affect the jobs too.

4. Virtual reality & immersive experiences 

 Airlines are a saturated market, so VR and immersive experiences can become real differentiators in determining the facts. There is a raft of announcements taking place in this space, and a lot of money has to be invested for it. The leading virtual reality suppliers and in-flight VR attraction for several airlines have enhanced their portfolios. The application offers a 3D seat map. It will take the passengers to a whole new level. SunExpress Airlines and Evelop Airlines are incorporating this setup into reality.

The brand and marketing manager of British Airways is testing its latest technology for its new aircraft. It will give an engaging experience to both external and internal audiences. The project was initially built for a good understanding of the passengers, but now the technology is implemented by many airlines. Emirates, Evelop, Austrian and Eithad Airways are also following these details regarding technology. They have to hold a partnership with the VR departments so they can handle everything according to the new plans.

5. 5G – 100 times faster than current 4G networks

 Recent developments in 5G technology and many countries like the USA and South Korea have already incorporated it. The innovation will change the business outlook, and it has become a necessity for now. The technology will lower the latency of data to remain instrumental in satisfying the needs of fast connectivity insights. The data can easily be shared with the connected aircraft as there is a growing demand for a better in-flight experience. Manchester Airport has become the first Airport in the UK that has now offered 5G technology to passengers. Vodafone has also installed 5G technology, and looking at all these things; other airports are now competing to have it on their airports.

The 5G enabled blast pod at the terminal of Manchester Airport, and the travelers are allowed to test this super-fast technology. They can download films or have their best television programs onscreen and enjoy them during travel. The mobile devices have become four times stronger than 4G, but 5G has been speculation for many years.5G is now being used in South Korea, China, and the US, and they are leading in this regard, so now all the other countries have to compete with them accordingly.

 6. Inflight Connectivity – a real opportunity to drive conversion 

The flight connectivity industry’s future is very bright, and it is growing with the number of airlines seeking a better opportunity. The in-flight experiences have to remain radiant, so it stays relevant for many, and the demand is driving a real step towards change. Everything is handled in terms of quality the Connectivity has to offer. The sky-high economics report has already been identified, and the vast markets of 450 million passengers are currently tied with traditional thoughts.

The new generation plans to switch for high-quality Wi-Fi instead and they are not interested in conventional methods anymore. According to this report, $33 billion shares have to be invested in in-flight Connectivity, equivalent to 6% of total market share. Many airlines like Qatar Airways, Norwegian airways, and Air Asia have invested much in-flight Connectivity. The investments in Connectivity have to go through the test of time, and all this will help the passengers to launch real-time offers.

7. Biometrics

Biometrics technology has been receiving special mentions in the trending reports for many years now. It is gaining a lot of momentum, and the full potential regarding the technology will be covered by 2021. More airports will now adopt facial recognition mobile apps to make the check-in processes easier. Madrid Airport has now adopted these technologies so the customers can enjoy a general and fast track security control at the boarding gates. The biometric profiles will help eliminate the suspicion among people as everyone boarding on the flight will be checked. They don’t need to show their travel documents as biometrics have all the essential details to be covered. The implementation of biometrics is getting paced up, but many challenges and misconceptions are surrounding it all. The privacy issues, integration, misunderstandings, and trust between all parties take a little time to implement.

8. Sustainability

2021 will be a crucial year for the aviation industry, and they have to ramp up their sustainability effort. The Aviation industry contributes to 2% of carbon emissions worldwide, and according to IATA, the number can double in the future. The air traffic has to satisfy the demands of 8.2 billion passengers, and the growth will increase in the future. There have been many international agreements among various countries so that the carbon emissions can be held with ease. The domestic and international flights have to become carbon neutral, and the flights have to fly with aviation fuel, especially at the San Francisco International Airport. Some airlines are heavily dependent on single-use plastics, and five million tonnes of waste is created in one single year. Talks will develop commercial air taxi services, and Singapore will manage the urban air mobility by 2021.All such innovation prove that the new technology has arrived but many different types of disruptors are creating an issue for air transport industry.

9. Assistive Tech – self-driving electric wheelchairs and accessible IFE

 There is a dire need for technological developments to bring out a much-needed change in the way airlines have been assisting their passengers. The partnerships with the Panasonic Corporation will help airports test the latest generation of self-driving wheelchairs. It will help the disabled move with a lot of conveniences. There has to be a far-reaching plan to increase the self-driving electric wheelchairs and make them more accessible. The Tokyo International airport has started getting the electric wheelchairs for the passengers, but they will have to increase it by 2021. The Eithad Airways and Abu Dhabi Airports have been working hard for a high technology level, so the trails they made involved around 60 passengers.

They tested self-driving electric chairs and navigated the crowded areas before arriving towards the flight safely. However, technology is only a small part of this equation, and it is beneficial for airports to invest in new infrastructure, facilities. At the same time, a lot of importance has to be given to the training staff. Providing a seamless experience to the disabled is challenging, and the industry has to put up many more efforts.

10. Hearable, wearable & voice technology

Google Glass has not been an impressive idea for many passengers, but the air transport industry is still working towards it. Srilankan Airlines have been making the most efforts and has teamed up with MAS holding, and it will help the passengers feel more relaxed. The technology will help accessible communication between flight attendees and pilots. All Nippon Airways has now introduced a new level of a hearable device called BONX grip, which has combined a high Smart technology level. Voice technology is already in everyone’s home, and they are now going to take over the airports. The technology has to mature on various levels.

Only then will it turn out to be more useful for everyone involved. Many American airlines will be offering real-time communications by 2021. The passengers have to board on a flight while using these technologies and the VR will add to it. The translations for about 29 languages will be provided to people from various countries. Flying cars are also the most recent innovation in the air travel industry. Melbourne is the first city to introduce host trials for Uber Air but the commercial operations will be brought by 2023.The real question arises that are the airports and airlines ready to adapt to these changes? Will there be a time when a new travel eco-system is fully implemented? Only time will tell what the passengers have in store.

Digital Transformation Trends Shaping ASEAN’s 2020-2023 Economy

The Association of Southeast Asian Nations (ASEAN) region is the fastest-growing digital economies in Asia. The ASEAN is driven by government initiatives that support the digitalization. There has been a rapid increase in the popularity and use of the Internet. This has led to advances in technology, which has contributed a lot to the flourishing of the Asia Pacific’s digital economy. However, the digital transformation pace is accelerating, but it exposed Asia pacific with increased risks and vulnerabilities.

ASEAN is facing pressure to ensure that the compliance is aligned with the stringent regulations and the enterprises are also interested in partnering with the experts in the industry. They want to partner up with the security service providers (MSSPs) that can help to manage the security operations in a better way.  This has embarked on the digital transformation journey. In the years to come, the enterprises will need to get involved with the MSSPs using a hybrid model. The combo of the hosted services for security and the customer-premises equipment (CPE) management will improve the security operations during 2020-2023.  This will also help provide businesses with flexibility and efficiency.

The Thai and Vietnamese governments have launched the Cybersecurity Act in 2020 to face these issues. The ASEAN countries are also starting to review the data security policies in their regions. Thailand has introduced a Personal Data Protection Act in 2020. Malaysia and the Philippines are also planning to roll out their plans to improve cyber resilience in 2020-2023. This will help to make the internet and communication systems more secure and safe.

The AESAN has also provided reports on the market growth analysis. This case study highlights the key drivers that will help manage the digital transformation in 2020-3023. The lack of cybersecurity professionals and the risks of cyber attacks are growing and are a significant threat to the enterprises and governments’ landscape. The risk revolving around the security and creating awareness among the end-users in the region will be implemented.

Market trends have been analyzed from the year 2017 to 2023 and by taking 2020 as the base year, the digital transformation trends will be set. The digital transformation trends shaping ASEAN’s economy in 2020-2023 will be the key focus of this study. The segmentation will include all the sectors of the top industries that will consist of the pharmaceuticals, retail, energy, mining, agriculture, eGaming, eCommerce, and more.

  • In the year 2020-2023, ASEAN will have the honor to become the world’s fourth-largest economy, which amounts to roughly USD 4 trillion in the consumer market. We will see the entire region growing digitally and will witness various digital growth opportunities. Each big market and top industries will be evolving differently digitally.
  • The critical digital consumption themes will evolve and emerge. Some of the trends that have faced a setback COVID-19 pandemic will be growing in the coming year.
  • In particular, COVID-19 has changed the shopping behavior in the ASEAN region. This has radically going to speed up the evolution of the digital shopping behavior of the consumers. During 2020-2023 the digital shopping experience of the consumers might improve a great deal.

While COVID-19 has caused a significant economic loss and impact, ASEAN has also witnessed potential GDP contractions in 2020. These effects are likely to spill over to 2021. The long-term fundamentals of ASEAN member states are on the brick of taking a tremendous leap towards the digital transformation and moving forward in the socio-economic progress. From 2020-2023, the ASEAN region will be emerging digitally and will take the world by storm by becoming the world’s fourth-largest economy.

The digital transformation will help in garnering the USD 4 trillion in the consumer market. While each of the ASEAN member states that include ten countries will be evolving differently when it comes to digital transformation, all nations will be getting abundant growth opportunities in digital transformation.

The Future of digital transformation and consumption in Consumer Markets has embarked on a new journey for the member states. They will be leading a project which they have created with collaboration with Bain & Company. The project will be focused on the emerging markets that are aiming at digital transformation. The member states participating in the will consist of nations that comprise 40% of the world’s population.

For now, the ASEAN region is suffering from health, humanitarian, and economic crisis, and this has resulted due to the effects of the COVID-19 pandemic. A majority of ASEAN CEOs have surveyed and have predicted that the COVID-19 restrictions will last a few months more, and the economic recovery can be expected in mid-2021. The next years including 2021 till 2023 will have a better and bright future for the people living in the Asian region.

The pandemic has caused a lot of noticeable changes in the behavior of the consumers. Some of these changes have brought short-term volatility, and consumer relationships and the spending patterns will have a long-term effect.

These are the predictable digital transformation trends that will be shaping ASEAN 2020-2023 economy.

Consumer spending will double, driven by ASEAN’s middle-class boom

COVID-19 will trigger the looming recession, and this will dampen consumer sentiments. They have reduced the overall expenditure in the year 2020. The consumers’ behavior will self-correct because the ASIAN region’s economies will be moving into recovery in the coming years. The Asian Development Bank (ADB) has estimated that the Southeast Asian annual GDP growth has fallen to 1% in the year2020 but is expected to rebound to 5% in 2021. However, by 2023, 70% of the ASEAN region population is expected to have a middle-class living.

Boundaries of premium and value shopping will blur

 Consumption behavior in the region has changed because many communities have gone through quarantine across the ASEAN nations. Disaster-preparedness has arisen, and the daily essentials also have spiked, which has given rise to online shopping. This has resulted in the evolution of digital transformation in the field of online stores. The luxury and non-essential items have experienced a dip, and we might see a slow recovery in the year 2021. The Goods that are focused on convenience and are required for well-being will see a high demand persist, and post-recovery will also see a rise in these products’ demand.

In 2020-2023, many of ASEAN’s consumer class will plan to repurchase their luxury products and might also be willing to pay a premium for their convenience. At the same time, consumers will also be seeking more value for money. The 60% of high-income consumers that have been surveyed by Bain in 2020 have not made a premium purchase.

Digital ubiquity will become the norm

 The pandemic has been promoting and accelerating the digital future in the ASEAN region. Many consumers have made their first digital purchases in 2020, and the consumers have been spending a lot of time shopping online. Due to the ease and convenience of online shopping, this trend will continue growing in the coming years. The total online streaming time using mobile phones has grown up to 60 percent this year across the region.

In Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, the consumers have clocked an average of 4.2 hours of spending their time online on their mobile devices daily. The younger generations have been spending up to 5 hours, which will give rise to the trend of digital transformation. The abundance of detail and the information will accentuate the consumer repertoire behavior. Consumer research has revealed that roughly 65% of the consumers will switch brands if their favorite brands are no longer available.

Technology will tear down socio-economic walls

 The COVID-19 pandemic will be promoting the digital transformation process, and the governments and businesses will strive hard to provide the connectivity and the essentials to the vulnerable communities. When the rural and low-income communities start to gain access to the digital world and experience the digital world like their urban and higher-income counterparts, this will make the digital transformation grow. This will also help to homogenize the consumer behavior. More and more consumers will prefer to use e-wallets, and the consumers will start to shop digitally up to three times more till the year 20203.

Local and regional competitive winds will prevail

80% of Indonesia’s consumers are interested in purchasing goods from local brands and do not prefer global brands, especially when it comes to food categories. The trend will continue, but the online shopping will continue. During COVID-19, the local food and beverage conglomerates enjoy an advantage because they prefer large and trusted brands. The local brands will use new technologies to match up with international brands and provide more security. The continued trend of Korean, Japanese, and Chinese brands gaining popularity will continue.

Shoppers will move beyond omnichannel to expect omnipresence

 The pandemic will be expediting the shift, mainly in the categories of the consumer groups that were more resistant to e-commerce. COVID-19 has made the older consumers make their first online grocery purchases, and the older adults have also enjoyed the convenience of home delivery using online services. This is the first step towards digital transformation growth and has made a change in the channel preferences. Overall, e-commerce will grow at double-digit rates from 2020-2023. The digital financial services and the last-mile delivery for e-commerce will flourish further in the coming years.

Convenience will be the new currency

 Most urban consumers in the ASEAN region consider comfort as their criteria for purchases. Most consumers are also ready to give up data privacy to have convenience. These findings and studies have revealed a considerable chance that the “super-apps” and FinTech will grow significantly, and verticals such as shopping and food delivery will also increase.

Sustainability will be non-negotiable

While 80% of ASEAN consumers’ value sustainability and want to consume safe and reliable goods. They have changed their lifestyle and have become more eco-friendly.

The pandemic has triggered a short-term adverse effect on sustainability trends. The businesses across ASEAN will be aiming at sustainability goals, and they will be focusing on jumpstarting the economy using digital technologies. The telework has given the organizations a chance to reduce travel and has allowed the employees for greater flexibility. This has also helped in reducing air pollution and will be promoting a healthier ASEAN in 2020-2023.

Wi-Fi 6

 Wireless technology, especially Wi-Fi 6, referred to as 802.11ax or high-efficiency wireless, will be introduced in the enterprises via the employee door. The employees will have the enterprise access-point refreshes from time to time. Wi-Fi 6 is designed to provide faster internet and enhance speed and increase the employees’ potency at the workplace. It will also help to cut back the congestion during serious bandwidth situations. The digital transformation of the Wi-Fi 6 will be used in the stadiums, concert halls, convention, and apartment buildings.

SD-WAN

SD-WAN is Software that is defined as the Wide Area Network (SD-WAN). It is a virtual WAN architecture that will enable enterprises to connect and leverage the mix of transport services, termed as the MPLS, LTE, and broadband internet services. This will help them to connect their users to the applications securely.

The SD-WAN model is designed to support the applications that are hosted by on-premise data centers. It will assist in providing services using SaaS solutions such as Dropbox, Salesfore.com. This will boost the employees’ performance and help them achieve the ultimate levels of performance.

Conclusion

ASEAN is poised to bring dramatic digital and technological changes and is looking to enhance the consumption opportunity. The digital transformation trends will be focused on the four mega-forces that include the strong demographic trends, rising income levels, geopolitical shifts increasing foreign investment, and digital advances that will be opening for the new consumer markets. To achieve this vision, the economy has to collaborate with the stakeholders using innovative and inclusive business models that are digital. The public and private partnerships will help unlock ASEAN’s potential and help them safeguard the region’s future by using digital technology.

Digital transformation, automation and CX among investment priorities for airlines and airports amid COVID-19 disruption

Pandemic has changed the world, and the travel and airport industry has been affected the most. The airports have been focusing on the digital transformation for airlines and airports. The journey of getting out of the COVID-19 pandemic has started, and the authorities are adopting digital technologies to improve the facilities at the airport and make the travel safer during and after the epidemic. The airlines and the airports, and all the other air transport industry stakeholders prioritize making their investment in the digital transformation and the automation.

This will help in the sustainability and innovation of airports and airlines. The customer experience will be enhanced and improved, and the passengers will have safer travel after the pandemic. A new report has been released by the Fast Future and the Future Travel Experience (FTE) jointly. It has revealed that the Airline Passenger Experience Association (APEX) will be providing more Safety and security to the passengers. The safety and trust-building procedure will also be highlighted, and the stakeholders of the airlines and airports will be focusing on the industry’s recovery using the digital transformation and automation.

The COVID-19 has affected the airport and airline industry, and both the enterprises are striving hard to get back on their toes. The Air Transport Term Impacts and the Scenarios report has been released recently, and it has thrown light on what changes will occur in the year 2021 after the pandemic starts to go away. The first installment of the report has been resealed, and the four-part Air Transport will be releasing guidelines till the 2035 series. The report explores how stakeholders expect to resolve the COVID-19 crisis and how much impact COVID-1 will have on the passengers.

The investment strategies are being made, and automation and digital transformation will be the main focus. The report has also highlighted the four possible scenarios that will help the travel and airport industry emerge back from the pandemic. A global survey has been conducted, and the report has found that in the past two years, 68.4% of the airport and airline industry are interested in investing in digital transformation. There are chances of it increasing by up to 60.3% after the pandemic.

The expected investment in automation and digital transformation will increase significantly after the epidemic. The industries are also looking forward to investing in artificial intelligence, and the use of (AI) technology will again rise. 54.2% of the stakeholders are planning to increase their investment and improve the airline and airport industry’s sustainability. Many new environmental initiatives are also going to be taken by the industries. More than half (53.5%) of the industry expects to invest in the innovation that is likely to increase after the pandemic period. We will see an upturn in customer experience after the incorporation of CX and automation.

AI/AUTOMATION and CX

Travel Industry – The Journey to the Next Phase of Digital

The travel industry is already using many modern technologies, and the passengers are using websites as marketing channels to make online reservations. The travel industry and the airline industry have been an early adopter and have been using digital technologies for a long time. The business environment has become so much more competitive, and customer expectations have also increased significantly. Horizon two and Horizon three technologies have launched and have been maturing. The time calls to implement new and novel strategies to provide customers with seamless and safe travel experiences.

The travel industry isn’t working alone, and several providers help enhance the travel experience. The travel industry includes airlines, hotels, and also rental car services. The airports are also a significant part of the travel industry as people travel using the airports. The customers are now expecting to get a seamless experience and are looking forward to hyper-personal adventures. The explosion of mobile devices and new and innovative technologies has helped the travel industry explore new horizons. The travel industry is looking forward to improving the customer experience using digital experience.

The travel industry has been using new technologies, and technologies have evolved rapidly in the last few years. The organizations related to the travel industry now have access to real-time data that come from multiple sources. This has helped the travel industry to improve demand forecasting. The guest profiling has also enhanced, and resource planning will also get better due to technology use. Artificial Intelligence (AI) and Machine Learning (ML) have become more prominent.

The Augmented Reality (AR) has also been in use at airports and airlines. The Virtual Reality (VR) and Data Analytics will now be using more efficiently post the pandemic. Advanced and digital technology has also reached an advanced level and has made the system more sophisticated. These technologies come with much potential and might disrupt the traditional approaches that can help market the travel industry. The customer insights and the engagement of the customers are also enhanced and improved. This has also helped to increase the profitability of the travel industry. The airlines and airport industry will be investing in the automation and digital transformation. After the COVID-19 disruption the travel industry will be focusing on the digital technologies to get back to the normal state and provide the passengers with a better experience.

Advanced-Data Analytics and CX Big Data

The digital age will be evolving in 2021, and many customers are bound to leave big data when they begin their travel journey. Their planning and the research, reservation is also in the records. The places they will stay at, and what is their post-travel review is also shared on various sites on the internet. This data is a blend of the structured and some unstructured data gathered from multiple connecting sources. The sources include the front desks and the contact centers. Most of the information is also collected from mobile apps and social media used by passengers. The guest service channels also provide a lot of information about the travel plans of the customers. The travel industry uses insights gathered from the data, and the advanced analytics process also allows the service providers to bring personalization and improvement in the travel experience. The travel industry also offers customized offerings, and this also gives the industry to improve customer loyalty.

Infosys is the Customer genome solution, and the process uses the information that can help build the digital profile of the passengers that will be traveling. This also allows the Airline Passenger Service Systems (PSS) and also improves the Customer Relationship Management (CRM) Systems to gather more data. The Hotel Property Management Systems (PMS) can guide the passengers and the providers to provide a rich customer experience during their travel. The senior citizen and the hotel guests’ needs and requirements offer them the floor rooms to not have to walk a lot. This has also helped to shorten their wait times and their check-in time. Other millennial travelers might be comfortable in using the mobile key of the activated elevators. The genome solution has also helped to generate the profiles and also send the recommendations to the staff.

Dynamic pricing has also helped to review revenue management strategies. The strategies are based on the real-time data that comes directly from the competitor rates. The local events and seasonal patterns are also discovered due to the use of digital transformation. The revenue managers also provide the management with unprecedented insights that involve the pricing for the airlines. Many commercial products can help you to get the point solutions on the airports. The overarching mechanism and modern technologies have enabled the management teams to provide more insights into customer behavior. The revenue management tools will help you to build predictive models. The customized campaigns also help to analyze the big frontier. The Analytics workbench also helps the clients get an end-to-end solution that helps to provide the data scientists the valid information they need to improve customer satisfaction.

Artificial Intelligence and Machine Learning

AI can provide the travel industry to transform every aspect of travel significantly. The AI/ML hinges have also helped to improve the quality of the data that is available. The travel industry, however, has always been good at collecting data of the passengers. AI offerings allow the industry to use rich data, and they are accessible. Digital technology has also improved its bundled and has enhanced each segment of the clientele that is targeted. Machine Learning has given rise to the Natural Language Processing (NLP) and has helped build useful chatbots. The bots can help to mimic human behavior, and they can make interactions with the customers. The travel industry has evolved, and the passengers get the best travel experience. The Cognitive chatbots can help travelers and have helped the passengers at every travel stage. The digital transformation has also helped to provide the best advice to pick the best destination.

Modern technologies also offer travelers the best suggestions to help them eat and visit the best restaurants that suit their tastes. They also suggest the spa offerings that will be based on personal preferences. The Hotel operators will again be using the AI to help improve operational efficiency. The travel industry has obliged to monitor the IoT based sensors on the hotel premises. This allows them to detect faults and anomalies. The hotel authorities can help to fix the issues before causing any disturbance to the hotel guests. This can also help to prevent the calls made on the service desk. The negative reviews about the hotels on social media allow travelers to make changes.

Travel data can turn out to be dynamic and can allow travelers to know the changing weather and other conditions. It is best to use Machine Learning to optimize operations. The rule-based probabilistic have generated new models to shape up a better travel experience for the customers. ML has also helped to decide the allocation of rooms according to the needs of the hotel guests. This can help the hotel owners to derive the maximum profitability.

AI and cognitive capabilities can allow the travel industry to meet and exceed customer expectations when air travel. The AI and data science of the airlines allow predicting and reducing the entire baggage. This can also help to change the supply chain and can help to provide the modeling optimized routes.

The airlines and airports are investing in the automation and CX area of and the airport operators will now be using the location-based sensor (LBS) networks. The investment is also being made in the beacons. The geo location services also help improve the security and efficiency of the movable assets provided in the airside services. The automation has also helped route monitoring and can also handle the wheelchair demand tracks offered at the airport gates.  The large airline carriers are now offering more Personalized Offers Solution to automate the wheelchair assistance services.  CX and new technologies have made it easy to eliminate the waiting time for older passengers. The automation has helped to develop the best solution for the POS payments. They can be done using voice and sound technology. The airport concessionaires have also provided innovative and frictionless experiences when it comes to the payment channel.

Augmented Reality/ Virtual Reality

The travel is about an enjoyable experience, and also provides tremendous scope for the AR/VR technologies to improve the customer experience. This has also provided many immersive experiences and has given rise to better potential travelers. Digital technologies have also helped the passengers to make the right travel decisions.

There is a significant impact of the technology on the travel industry, and the industries are investing in automation and CX. This has enhanced the leverage and exciting advances to make the organizations more effective. The travel industry is investing in new technologies like Blockchain, AR/VR, IoT, API, and microservices. These technologies stitched together have allowed bringing compelling solutions to the customers. The digital transformation has helped enhance the customer experience, and have gained many digital benefits by increasing their revenue.

New Study on Safety, Trust, and Innovation Critical to Air Transport Sector Revival 

Due to coronavirus, there have been huge losses going on in the tourism industry. The safety, trust, and innovation are critical to airport transport sector revival, so a lot of thought is put in. Passengers’ safety is a priority of the air transport sector, while digital transformation, automation, and customer experience also lead to strategic priorities for airlines, airports, and partners. As passengers plan their journey to gain wonderful flying experience, the airlines, airports, and other air transport industry stakeholders will have to emphasize total safety and trust-building.

It has become a central part of the strategies that are being planned for recovery. Investment is another significant factor that comes into the limelight, and that is why priority is given to digital transformation, automation, and sustainability. The innovation and customer experience have to improve amid the threats of COVID-19. The new report has proper plans and ideas shared between the immediate future, future travel experience (FTE), and Airline passenger experience association (APEX).

The air transport sector stakeholders had already expected that COVID-19 is going to put a lot of pressure on the economy of all the countries. However, the tourist spots are suffering the most, as some countries heavily depend on the aviation industry. There will be a high impact on passengers’ volume and numbers, and other investment strategies have to be changed overall. According to the latest global survey, it has been observed that for the next two years, 68.4% of the stakeholders and respondents expect that there will be a high level of investment in digital transformation.

About 60.3% of people who are expecting investment taking place in automation and even artificial intelligence will be deployed. The AI technology will rise while 53.5% will be expecting a lot of investment in innovation that will further increase in the coming years. Simultaneously, a lot of money will also be invested in sustainability and initiatives for environmental issues. There is no doubt that a lot of money has to be supported to give customers the best experience. Some stakeholders believe that the investment has to come down one way or the other. While another half of the respondents who have been taking care of the survey believe the investment in aircraft orders may have to decrease in the coming years.

Air transport facing two to the three-year recovery period

There will be a decrease in terminal design and the constructions spend, and most of the stakeholders expect that to happen in the coming years. The findings of this survey show that the tourism industry is facing a significant impact on flight volumes and the number of passengers has drastically decreased. Simultaneously, the air transport sector’s revenues have drastically come down, and the recovery of the industry will depend on the policy of the Government, health factors, and keeping in mind the safety of passengers. They have to feel confident and save to take flights. They won’t feel like traveling to any destination. The collaboration between the big players in the industry has to be powerful, or recovery may take even more time. Many people expect that the tourism industry may take more than three years to recover, while others believe hard work can pay off before that.

Passengers will only feel safe when new procedures are maintained or planned for their safety. The report further suggests that 32% of the passengers will feel protected as soon as the coronavirus vaccine is released. In comparison, 11% will fly only if necessary, and 10% of passengers will wait for the World Health organization’s advices. There is no doubt that coronavirus impacts are going to last on people’s minds for some time and when all of it will be gone is hard to predict. The airports, airlines, and partners will have to take new steps and prepare for the new reality.

Health and safety efforts will have to be enhanced, but the stakeholders should also work hard in giving the passengers a thoroughly sanitized travel experience. There have to be some radical new approaches and strategies for a full recovery. The collaboration between all the concerned parties is also essential to achieve and make use of this vision. The air transport industry needs a lot of survival, and there is no doubt about it.

Drivers of economic recovery

The economic recovery has been the most discussed topic at this point, but the situation differs from one country to another. The nature of economic recovery will depend on the strategies and ideas implemented by each state and their Governments. There is a decline of 6% in the GDP of an economy due to the aviation industry’s losses. The GDP of some countries has fallen to 40% as some countries are more dependent on tourism.

The recovery path may take some time to follow, but many countries are at least looking to overcome initial roadblocks. There has to be a perfect momentum that needs to be followed. The tourism industry may take even more time to recover. Hopes are high for the vaccine, and many countries are already racing towards it. There could be these four sceneries for the air industry.

  • The long goodbye (countries affected badly by pandemic)
  • VIP economy (vibrant economy and rebounds)
  • Safe but hungry for more (Pandemic eliminated but extended downturn)
  • Inclusive abundance (Vibrant economic rebounds)

The critical forces have identified their plans and strategies for the possible road to recovery:

Consumer spending

The lockdowns in various countries are already lifted, and consumer spending will now be increased. There are some countries where the incomes of people have not come down. If they plan to travel, it will give a boost to the tourism industry. Many of the passengers will be tempted when discounts and superior officers are provided for air tickets. They may want to visit those places that have a high level of safety procedures. If people feel nervous, they will most likely don’t plan for outdoor activities to forget about traveling to other countries.

Air transport sector recovery

Very close attention has to be given to recover the air transport sector. All the concerned authorities and stakeholders are coming up with their plans and ideas. Social distancing rules have come into play, and other safety features will be planned for all the passengers. They have to feel at ease, and if the vaccine arrives, things look even brighter.

Budgets

It is a natural reaction that due to the pandemic, many stakeholders and other essential parties will not like to invest in the air transport sector. It happens to be in the most threatened and vulnerable sectors right now. Many people might lose and have already lost their jobs due to this crisis. There may be some optimistic businesses that are willing to invest in the industry, and the critical factor will be access to capital and loan lending.

How will the aviation industry recover?

Airlines face many international crises due to a pandemic, and there are estimates that the global industry will lose about $252 billion in 2020. We also know that many airlines have been cutting their flights as people are not willing to travel yet. The US Federal Government plans to give some incentives to the airline workers, and some loans have already been given to them. Even in the UK, the industry depends on 80% of salaries, but the Government has given them some loans to survive. The air industry has faced many crises during 9/11, too, but the airlines in Europe are suffering the most. The Government isn’t willing to help, and the economic hit airlines have to suffer the most. Does the question arise on how the travel industry will boost up their revenue now? The air transport industry experts are looking at the structure and response of the industry.

Many countries are now opening air traffic, but the commercial airlines’ demand is highly unlikely to revive anytime soon. There is a lot of impact on leisure traveling, and the need for new technology and innovation is always on the rise. Many analysts believe that bringing down the prices of air tickets may help a little. However, the profits will come down, and airlines may not recover fully in the next few years. The industry trackers also believe the resuming the airline services during a pandemic will not bring many profits. The 14-day quarantine and compulsory coronavirus tests may hinder the people coming out of their homes. The passengers’ cost will also increase, and it will not remain a perfect holiday. The 14-day quarantine and the cost of PCR tests will increase their budget too. In this situation, the airlines’ profit margin will come down, and the taxes will not exceed more than 0.2%. Airlines have to deal with such things in an appropriate way

Challenges and solutions for air transportation

Governments are persuading their state Governments to reduce the Value added tax (VAT). The jet fuel is costly, and the civil aviation factor has to struggle hard to come back. The value-added tax on the fuels will come down so the airlines can think about their survival plans. Some tax concessions will also be given on the parts of aircraft and other equipment types for the repairs and maintenance of the crafts. The revival of airlines is based on:

  • There is a need to enhance the competitiveness inside the country, and the cost of air transport has to decrease
  • Faster opportunities are given to promote tourism, agriculture, and other details
  • Meet the growing demand for air transport (passenger as well as cargo)

Most of the people who love travelling will now have more apprehensions.How many flights will now operate will depend on many factors too. The plane whenever stands on the ground costs a lot more than expected. For example in India 650 planes are now not in use and loses in the aviation industry will add more pressure.

Implementation strategy

To move forward, the processes for the revival of airlines have now become a top priority. The task forces of pilots and aviation experts have to support each other, and there has to be a proper road plan to ensure that the airlines start operating with conviction. The task forces that are appointed can undertake and identify strategies for the revival in the aviation industry. The detailed agreements have to occur with aircraft manufacturers who have also supported their proposals, and the technical analysis has to come up with the best choices. The travel restrictions, grounded fleets, and uncertainty in the schedules are raising a lot of eyebrows on whether the aviation industry will survive or not.

With 290 Airlines, they have been handling 82% of global traffic, but they have been working under strict restrictions for the past many months. Singapore Airlines have announced for the ground of 96% of their fleets while the Changi airport has closed down one complete terminal for nearly a year. They are feeling that airport traffic is not going to increase within one year. For the airports in India, it will take even more time to handle their travel industry as the cases of COVID-19 seem to be rising every day. It will depend on how these airlines are planning to survive amid strict restrictions from the Government.

The crises that are being faced by the aviation industry this year are uncertain, and there is no definite prediction for it. Many don’t even have a clue about how to get the industry back on track. If we look at the previous details during 9/11, the aviation industry took a lot of time to come back. Some experts feel that it is not a matter of restrictions. Only many countries aren’t allowing visas, traveling is not being allowed, and airlines are also not allowed to function. Even when all these things are permitted, there will be a lot of apprehensions among people. Will they travel for business or leisure? Only time will tell.

Growth In Asia

Growth In Asia’s Digital Payments Due to Covid-19

Digital payments are now the fastest gaining currency in the world including Asia, as customers are trying to dump cash to prevent physical contact with fears over coronavirus trapping. As regulators impose prohibitions on movements to help reduce COVID-19, businesses have increased their digital transformation that also involves digital payments.

The epidemic has fast-tracked the switch to digital payments around the Asia-Pacific (APAC) as per Global Data, data analysis and consulting firm. COVID 19 would undoubtedly increase the current digital payment pattern, especially in Asia. At the end of October 2019, Chinese President Xi Jinping supported Blockchain, a digital ledger system that can exchange digital currencies. The Chinese government vigorously supports the online banking system, although Western nations increasingly employ a top-down approach to governance.

Customers are embracing Electronic Payments

Customers from Asia are showing a great interest in paying electronically like never before. The cumulative payment in the APAC sector is projected to rise by 6.5%, hitting US$ 20.3 trillion in 2020, according to updated GlobalData predictions. This could continue to grow to 27.4 trillion dollars by 2023. These patterns are being observed in several countries such as India, the Philippines, Japan, Cambodia, Indonesia, Taiwan, Vietnam, and Malaysia.

These authorities can necessarily take drastic preventive measures. It is also clear that a major means of communication for highly contagious conditions like COVID-19 could be a physical currency. In Guangzhou, a local bank of the People’s Bank of China has planned to destroy paper money in high-risk facilities such as wet-market and hospitals.

Governments are taking extra precautions

China, South Korea, and several Asian Countries have quarantined or cleaned the banknotes. It is well known that circulating money can serve as a medium for pathogen transmission, although the potency of pathogens transmitted through cash remains unknown. For example, the human influenza virus will stay alive and infectious on banknotes for more than two weeks. Although it is not clear if the trade of influenza-infected currencies will significantly accelerate its distribution, U.S, Korean, and Chinese government responses pose questions.

These activities reflect government approaches to contagious diseases. A late 1940s study on the cholera outbreak in Egypt emphasized the survival of cholera infections on banknotes. All across experience, people have replied to sickness similarly by cleaning or disinfecting banknotes, but we also have little comprehension about how modern diseases might be spread through actual currencies.

Future of Asia’s digital landscape 

From such a larger perspective, COVID-19 is just one of a sequence of advancements that will influence the digital world of Asia’s future. The emphasis has thus been unsurprisingly on short-term effects if it is how online technologies might have helped prevent the progression in main countries, whether COVID-19 will increase the implementation of many industries such as digital payments, or personal contracts that frequently occur in crucial economies such as India and China.

But although the longer-term effect may be as yet uncertain, the real question is how COVID-19 could readjust broader trends in Asia’s digital landscape at different levels.

Contribution of Asian Countries in the growth of Digital Payments 

What these Asian governments think and do, in the new world, will remain relevant to observe. Financially, how the regulatory framework works out on main Asian markets would be advanced analytics of this, whether in broad, including the interaction between the Japanese government and businesses or more particular trends on e-commerce like Indonesia and GR-80.

But in terms of the political and protection realms, policymakers would still have to resolve increasing global threats inside and outside their borders, like cyberattacks by state and non-state entities and digital technologies used to drive disinformation campaigns.

Contribution at Regional Level

The local scale would also be critical in determining how COVID-19 would affect Asia-Pacific’s emerging environment. In places such as smart cities, certain attention will be on existing digital collaboration trends, whether it is region-wide firm action or multilateral coordination thru the Alliance of Southeast Asian Nations (ASEAN).

But it will also be crucial to know some completely new occurrences of cooperation and at the multilateral level. One good example is the latest Digital Economy Collaboration Agreement (DEPA) signed earlier this year among New Zealand, Singapore, and Chile.

Role of International Organizations

Lastly, COVID-19 has also reiterated the international realm’s significance that also affects the Asia-Pacific digital domain. Macro-level developments like U.S.-China rivalry or the international market condition will grow to wield tremendous impact through 2020 and even beyond. But still, a crucial issue would be how other participants respond to the international level.

Organizations, including the world trade organization, can control how laws are formed in international commerce areas, while businesses can also help creative fuel strategies in fields such as online learning and digital payments where common divisions exist in the field. With the overall implications of COVID-19 already working out, it needs to be seen how precisely this would affect the nature of Asia’s public sphere.

And as we concentrate on the macro- and micro-level consequences of the coronavirus, we can also raise wider questions about the digital environment, such as the need to exploit technologies like AI to handle potential epidemics, and also what kind of circumstances would promote digital transformation management. These will be the kind of ongoing issues that persist long after the epidemic abates and the evolving digital transformation of Asia.

It’s too soon to determine what the improvements would look like in any cultural, economic, and structural context. Still, we can be confident that COVID-19 already confirms current movements towards increased Digital payment.

What 2020 challenges have taught airport industry about digital transformation agility?

In recent years, many modern airports worldwide have pursued digital transformation to make sure that there are no constraints in the existing rigid systems. Many airports adapt to new and contemporary solutions and have taken up the digital transformation agility to scale and match the demand. This has the airport authorities to manage the operations. The digital transformation has helped to deliver excellent passenger experience during the phase of COVID-19.

During the peak pressure and quieter periods, digital technology has helped a lot.

These airports that are using modern, flexible technology are trying to use digital technologies to handle passengers’ demands during the COVID-19 pandemic. The airline fleets have been grounded, and the number of passengers has fallen. The airports that have used modern technologies are using this strategy to scale back the resources and services. The roll-out capacity and essential service flights have been improved due to the use of technology.

The digital technology has drastically improved and made the process of ‘mothballing’ terminals easy and convenient. The airports are now Untethered to the traditional networks, and the passenger facilities now require a WIFI, 4G/5G connectivity to be relocated quickly. The agent desks are also swappable, and the portable check-in stations have been introduced.

The technology is in use now, and the airports can respond and work with the unprecedented. The situation is rapidly evolving, and things are getting better during the COVID-19. The airport industry will now be adapting to the new regular post, the pandemic, and the travel experience will improve. The airport industry has scaled again, and the operations will now be carried out in a more organized way. The airport authorities are now looking forward to meeting the new requirements and demands of the people.

Portable check-in to assist in social distancing

Centrally-hosted technology and modern technology have now removed all the constraints. The immobility in traditional fixed network connections has been discontinued, and new technologies have been adopted at the airport. Instead, the airports are using cloud services, and the technology will now be accessed virtually at any place. The passengers can now access everything on the mobile device as long as they have an Internet connection.

The airports are Unbound and are no longer using the traditional networks. The airports are now using flexible technology. The passengers and passengers’ check-in process can handle their bags in a wide range of new locations at the airport. Now the check-in doesn’t need to be done at fixed desks. The automated devices are currently used, and the process is done within the confines of the halls for the check-in.

The technology has already been using for the check-in passengers’ process. The customers can handle their bags when they are at the hotels or the sporting events. The off-airport services are also introduced, and the portable check-in is being in use. This has helped to address new requirements and has enabled social distancing. These essential tasks have now been moved to off-airport locations near the airport. The process can be done at the curbside and the car park. The airports will be dispersing the operations, and this would help to reduce the queues. This will also help to address the congestion at the airport. The passengers will not be brought at the check-in hall.

The off-airport services have also enhanced the airport experience and have made travel more accessible than before. The processes have been streamlined for the travelers, and the passengers are no more anxious while traveling during the pandemic. Modern technologies are now helping to focus on convenience and have allowed opening new revenue streams. A home check-in has also been introduced, and the bag pick-up service is even launched.

The governments and passengers worldwide are becoming aware and demanding the airport to maintain social distancing measures. The innovations have allowed airports to repurpose the space. The airports are now adapting to the changing conditions and have opened new service points. This has helped to deliver a seamless passenger flow and has ensured that the passengers can stay safe and secure during their travel.

Biometrics underpinned by the flexible platform to enable touchless travel

Biometrics is a crucial technology and has made the travel industry improved. The investments are made in the touchless and hygienic travel. Several security measures have been adopted after 9/11. Airports around the world will adapt to new hygiene measures, which has helped minimize illnesses.

Airports have now adopted and are using the new and flexible technology architecture, and they are well-placed and have helped deploy the biometrics. This has allowed the touchless travel and safe travel. Biometrics is using cloud computing, and the touch points have now been replaced. The travelers have been given the biometric token. The process is now done, and the airports have installed some new extensive hardware.

The passenger can now walk up and use an automated device that will allow them to check and drop their bags. The device helps them to scan the face of the passenger automatically. The physical touch is not required, and automated services without much contact have been introduced. The biometric identifier will allow the passengers not to show any travel documents and ensure an end-to-end touch-free journey.

Restoring traveler confidence through challenging times

These measures are crucial and will help in achieving safe travel and enhanced customer satisfaction. The airports will be using more new technologies in the coming months and will restore passenger confidence. This will ensure that the airport environment is safe. The flexible technology has become vital and has helped meet the passenger’s demands to provide them with safe travel.

The passengers had started to expect a smooth service even before the pandemic, and now after the epidemic, they are demanding even more safety. The passengers are looking forward to a hygiene perspective and want to avoid the long queues. The airports will now be optimizing services and will improve the existing resources. The airports are using cloud-based technology and will help to provide the best services. The latest innovations will play an important role and help airports enhance passenger confidence.

Digital Transformation in the aviation sector

Digital transformation in the aviation sector has become very challenging for attaining success in the long term. The role of digital technology is not restricted to just a source of marginal efficiency, but it has become more like the foundation of transformation. Most of the people in the aviation sector are recognizing the need to go digital. They need to stay ahead of their competitors and stand out among the crowd. Although it is difficult for them to start creating a business model, ambitious digital natives are trying hard to succeed in the aviation sector. The digital transformation in the aviation sector is based on the following:

Redesigning customer interaction

Digitalization happens to be the best choice for transforming customers’ expectations and giving them a good experience. Many passengers come to airports from across the globe. The pace and the scale of this business are quite extensive, and the companies need to reinvent themselves to revaluate and transform the experience of customers. Due to digital transformation in the airports, the customers also have to adapt to new changes, new products, apps, and the necessary tools to enhance the interactions with all the customers.

Business system and process

Most of the business systems have to redesign their internal processes in a lot of ways. They have to transform their plans at the back-end, and they also need to refresh their supplies very frequently. They have to integrate and streamline the process for handling different operations. For gaining a lot of efficiencies, they have to create the system and processes in such away. All these changes play a crucial role in determining the success and achieving the company’s strategic aims. Maintaining the business’s agility can be difficult, but there is a need for quick adaptation to ongoing changes in the market and generates new revenue systems.

Nurturing innovation

Many businesses in the aviation industry have invested a lot in specialized departments or group companies. Most of them are engaging in partnerships and arrangements to make the aviation sector successful in terms of digitization. It will give them an idea about providing the passengers with a better experience at the airport. If the businesses plan to stay above the curve and remain competitive in the field, very well places techniques or ideas should be followed. The upcoming changes need to be anticipated, and a new range will be created for innovations like labs and hubs. It will help bring different parts of the business together, and the aviation sector has to partner with innovative companies and consultants.

Big data and advanced analytics

The emergences of innovative/sophisticated technology and analytics have taken over the aviation industry. They should have the ability to capture and extract a lot of value from different kinds of data. The amounts of data are rising every minute, and managing them is challenging in the aviation industry. With the help of digital transformation, everything can fall into place, and the advanced analytics can be developed appropriately. The big data will help businesses understand the needs and want of their targeted customers. The purchase behavior can transform into more loyal relationships as the airports will give the passengers a better flying experience.

The volume and percentage of data increase by a considerable margin, and the challenges to take care of such big data is not possible without digital transformations. It has become challenging for most organizations to navigate the complex landscape to protect data, privacy, and cyber security. All these laws have to be enforced and become the key to unlocking the full power of big data and advanced analytics. The machine learning process is also the right way of handling the data without getting too many human resources. The volume and variety of data keep increasing, and the determination may take some time. Most businesses that want to offer extensive and quality products to the users have to incorporate such innovative ideas. Under the laws of GDPR, personal data has to be collected, keeping in mind the specific and explicit processes. Cyber security is posing to be a significant threat as well, and it is such an area that has to be regulated with a heightened focus. There has to be an increased reliance on technology, so such threats don’t pose a danger for everyone involved in the aviation industry.

Machine learning

Machine learning will provide a proper analysis of data as soon as it is recorded. It will include detailed analysis and up to date information that can be used to stop any fraud that is happening within the airport. Many passengers are flying over to different destinations and to maintain their records is a challenging task. Big data and machine learning can be used to ensure that the passengers entering the airport terminal are free of any suspicion. Sometimes feedback loops are also used to check and analyze the data related to the airport terminals. The data is now collected in real-time as it gives out more precise and comprehensive results. It will be easy to drive with the fuel efficiencies and reduce the engines’ problems before flying. Machine learning has also become an essential factor in overcoming internal silos.

 

Many organizations have to face issues while extracting the value out of the data, and most of the data have been stored in an organized manner. Some companies collect many unchecked data, so they may not have a good idea about different departments. The data is usually held by other entities or departments to extract the real value of the data. They have to know which is the most valuable data or where it is stored. Machine learning can also break down most of the internal silos and analyze a wide range of data. The types and forms of data have to be classified in various ways and extract the best value out of it. The aviation industry has to work hard and find active solutions for the growth of this business.

Digital Upskilling: ASEAN in the wake of COVID-19

Almost every nation has been hit hard because of COVID-19, but the timing and degree of disruption are somewhat different. All the countries have responded differently to this virus, and this is how the success rate differs. The large and developed countries have got more resources and infrastructure, and even though pandemic has hit them, they are now providing a tangible way towards recovery. The lesser developed countries like Indonesia, Malaysia, Philippines, Thailand; Vietnam had to go through many challenges during this time. The ASEAN countries are going through many challenges, and keeping up with the economy has to be dealt with a lot of effort. The stakeholders have to be prepared to take care of the economy. Focusing on manufacturing hubs, green infrastructure, and digital marketing investments could speed up the economy.

COVID-19’s impact on lives and livelihoods

The pandemic hit ASEAN is suffering a lot as the livelihoods of many people are in for a toss. They have recorded a low transmission level, and fatality rates per capita are also lower than in other countries. The transmitted cases in August 2020 have hit 582 across all the ASEAN countries, but the numbers of patients have been much higher in the USA, especially Latin America. The fatality of the virus is a lot lesser in these countries, and many people could live a safe life. The large populations of these countries cannot take the pandemic’s blow, and the leaders are now looking at the road to recovery.

They can let their economy grow by looking at some good ideas and strategies. Lockdowns have also been a cause of concern for many and initial measures to slow down the virus have become fruitful. Several emerging ASEAN countries could see even a broader and more drastic slowdown. The list includes all the countries like Thailand (-13 percent), Malaysia (-13.5 percent), and the Philippines (-13.6 percent). Indonesia’s economy is a little better than the rest, but it could also see a decline of -10.3 percent. All these countries are estimated to record growth in the annual GDP, which is a little slower than the 2008 Global financial crisis.

Five growth levers for emerging ASEAN to consider

The wave of coronavirus has accelerated five levers in the region of ASEAN. The policymakers have shifted their efforts in speeding up the economy and regaining it with full swing. All these trends will turn out to be fruitful for the growth in the upcoming years:

Advancing as manufacturing hubs

Trade among these countries was increasing even before COVID-19 came into the picture. The intra-Asia business has shown interesting statistics over the years. The global growth trade is 2.8 times lower than in other countries. The demand for consumption in ASEAN countries is rising, and China is mainly exporting their materials. The kind of production they have is a lot higher than others, and they are making use of ASEAN countries by handling the trades successfully. The global executives are trying to enter the Intra-Asia deals, which is why these countries’ trade options may slow down. Eighty percent of the USA executives plan to take over Asia, so the ASEAN countries have to focus on other methods. Several Asian countries have prepared the following strategies:

  • Thailand is now planning to end
  • hence their electric vehicle hub, and the government organizations are working hard towards this goal
  • Malaysia has built up 4.3 gigawatts of solar cell module, and the manufacturing capacity has increased by a large margin
  • Vietnam has now become a popular destination for purchasing electronic goods. There are companies like Google and LG supporting their Smartphone endeavors

Investing in necessary and green infrastructure

The green infrastructure is on the rise, but it has become more in demand during the last few months. The actions from the climate have become critical, so plans have to be made accordingly. Efforts are being made to lower carbon use, and renewable energy has already emerged in China and other big countries. As pandemic has hit every country’s economy, they are concentrating on investing in primary and green infrastructure to create better job opportunities for people. It will give rise to clean transportation and energy, and the goal of lowering carbon use will become even higher by 2050.

China has already announced its plans to acquire a $500 billion investment for green infrastructure, and electric vehicle charging stations are a part of it. In Indonesia, 46 percent of people don’t have internet access, and many don’t have access to clean water. The policymakers are working hard to provide these necessities to people before moving on to attaining green infrastructure. Renewable energy and efficient technologies will help build up a better economy ad such technologies can increase job opportunities by three times more. The investment in fossil fuels can also turn out to be a good option and provide job facilities for the workers. Here are some things that Governments are taking care of:

  • Climatic changes will be handled in a better way, and resources or infrastructure will be provided to the country
  • They will be investing in a large number of sustainability levers
  • Financial incentives will be given to consumers and businessmen
  • The Government will introduce loans and grants so they can acquire a better infrastructure
  • The public sector will accelerate with the energy-efficient solutions

Preparing companies for a digital future

Companies have to prepare themselves for a digital future, and strategies are planned for it. There will be a perfect accommodation for remote workers so the consumers can be served with the best of experiences and facilities. Nowadays, people are flocking towards e-commerce, and due to lockdowns, everyone’s interest in e-commerce has increased even more. In Asia, people are spending a lot on online shopping, even for the essential items. The users online for the purchase of groceries have increased to a new level altogether.

Many customers in South Korea, Japan, and other countries are using online facilities for purchasing food and other products. SME’s also have their significant share in the economy, and they need to work hard to enhance the revenue in the digital markets. The digital adoption to all levels can increase the GDP by one percent in Malaysia, and the technology may add around $2.8 trillion to Indonesia’s economy by 2040. The companies’ digital capabilities will develop to a new level, and all the south Asian countries could build up programs to support SME. The process of the Government will be digitalized so it can be adopted by business and citizens.

Facilitating reskilling and redeployment at scale

For the last few years, different businesses have strived hard to prepare for the impact of automation and digital technologies related to the workforce. The second round of lockdown could be more dangerous for many ASEAN countries, and things don’t look bright for the developed countries. If there are disadvantages on one side, there could be advantages on the other side, that is, the growth of e-commerce. The numbers of jobs in the digital market are increasing, and the health care departments are looking for the same thing.

Many skilled workers are now shifting their focus towards the digital market, and it will help the economy in a lot of ways. The Government should facilitate reskilling and redeployment at scale, and funding support should be given to the job seekers to get good training facilities. The demand and supply have to be matched at regular intervals, and the data should also be checked. The jobs that have disappeared during the virus may not be coming back anytime soon, but new opportunities can be created in the meantime. The countries have to analyze the sources for economic growth and other options.

Building high-value food industries

According to the recent reports, Agriculture covers almost half of the GDP when it comes to ASEAN countries. The statistics show that 12.7 percent in Indonesia, 7.3 percent in Malaysia, 8.8 percent in the Philippines, 8 percent in Thailand, and 14 percent in Vietnam. There are many ways in which the country’s agriculture sector could be enhanced, but the Government has to take care of the infrastructure. The high level of productivity will not only increase the economic level but offer enhanced food security to the people in the country. The pandemic has disrupted the quality, purchase, and production of food. The demand and supply cannot be taken care of, and there have been issues with food exports. Food security issues are also on the rise. The food market of Singapore and Qatar is very much developed, and they are now taking the initiative to help the countries in need. Millions of people cannot afford to buy food, and the rise in unemployment will take a toll on their health. Consumer behavior is constantly changing, and smaller businesses are more at risk. The exit of small firms from the market could bring a threat to their livelihood.

Raise farmers’ productivity to aid competitiveness

Here are some ways in which the Government can help to raise the farmer’s productivity.

  • Governments can help to provide new infrastructure and technology to the small business owners.
  • Smallholders or businesses lack trained personnel and capital, so it is hard for them to survive a pandemic blow.
  • Policymakers can help to increase the capital and make it readily available among smallholders
  • The government can provide a lot of technical support and assistance to encourage the deployment of new technology.

Expand the agricultural sector into the downstream parts

The Government can also enhance or expand the agriculture sector into different parts of the value chain. The processing, packaging, and retail will give enough value to this sector, and people can benefit from it.

  • The demand for packaged food has now increased significantly after the pandemic, and the local industries are now taking charge of this situation.
  • The packaged food sales have increased drastically in Thailand and Malaysia, and this sector can be controlled well to enhance the economy.
  • The stakeholders are making efforts to attract relevant investors from foreign countries, and it will build up the downstream parts of agriculture.

Analyze the situation and define Upskilling priorities

The digital transformation journey is highly dependent on the Upskilling efforts of an organization. They need to realize what skills are necessary for the organization to run. The technical skills or soft skills will depend highly on the demand and requirements of the organization. The adoption of new technology can be harmful to those individuals who are not ready to go with the flow. All these factors should be kept in mind so diversity can be brought; the particularly post-pandemic situation slows down or is entirely over. To take full advantage of Upskilling, the employees shouldn’t wholly depend on the organization.

The business leaders have to focus on their game while the employees can lookout to create a better opportunity. The employees can work harder to gain knowledge about the online sources to earn their livelihood to increase their making and contribute to the economy. They can also look for funding schemes and learning different levels of new technology. The training sessions can again turn out to help the new employees, especially if they are thinking about raising their bars. The digital HR tools will help the organization determine how much the workforce is interested in learning. The informal meetings on the online platform will help them exchange ideas with each other.

Conclusion

The story of COVID-19 is the story of many lives and how they take care of their livelihoods. Till now, many countries in South East Asia have managed to limit the infections and cases of the virus. The next step will be to enhance the economy as it has gone through many losses over this period. Economic recovery is possible if they can identify and activate the right levers. The policymakers and Governments have to play an instrumental role in this situation. There should be a high level of investments for creating job opportunities among people.

Business Resiliency Amidst Covid-19: Futureproof

No one ever thought that the first half of 2020 will be spent at home. The COVID-19 pandemic brought many countries to a standstill, changing people’s daily lives and shifting businesses all over the world.

Running a business means more person to person activities including meetings, conferences, and all sorts of face to face dealings and transactions. A business gets to establish and earn trust by communicating and meeting in person. But as COVID-19 puts a halt on all personal activities, how will you go about with business continuity and ensure that you stay afloat amidst these challenging times?

Below are some tips on how to futureproof business and maintain and nurture business resiliency just when a pandemic is wreaking havoc on many parts of the world:

Guarantee the Productivity of Employees Working Remotely

It might take some time before your employees can keep up with the enterprise digital transformation that paved way to new work settings. Thus, it is important that you are there to guide them in every step of the way. Encourage them to have their work station set up in a location far from their rest area. It should be in a place where it would be easy for them to focus and concentrate. Set deadlines and clear expectations to make sure that the time of your employees are used in a productive manner.

Maintain Transparent and Regular Communication with Staff and Clients

In these challenging times, communication is always the key. Your clients and staff will be interested to know how the effects and potential impact of the COVID-19 pandemic on your organization. It is critical that you inform them how you are handling things as well the measures you have in place to ensure that the interests of you clients and employees are always protected. Maintain frequent communication as needed to avoid information overload.

Don’t Stop Your Sales and Marketing Activities

Now more than ever, strengthening your client relationships is a must. Keep the name of your organization right in front of your clients through consistent and relevant marketing content that can be in the form of newsletters or social media. If you cease communicating, your brand will lose its visibility and the last thing you want is for people to forget about the existence of your organization when this problem finally comes to an end.

Explore the Available Government Support for Businesses

This might differ from one country to another but don’t forget to check if there are available rent relief or allowances from the government that can help your organization stay afloat. This can serve as a support for your bottom line until your revenue stream becomes more stable once again.

Follow Some Cost-Saving Strategies

These trying times are the best time for you to analyze your business and identify the activities that take up time but don’t generate much profit. You can cut down on your cost if you outsource some business processes to help streamline all your business activities. This way, you can boost your business efficiency so you can focus better on your bounce-back strategy.

There are still uncertainties on when or if things can still go back to normal. After all, how businesses function and how customers behave already changed for good. But, as long as you know how to keep up with these changes, you can survive and succeed amidst these tough times.

Smart Airports – Taking Off With Digital Transformation

Airports of the future have arrived, and the passengers can dive to seamless traveling with smart technology. Gone are the days when airports were used only for departure and arrivals. The airports of today are not only involved but have become multifunctional travel hubs for everyone.

Airports have become an essential part of the economy and are the key drivers of social and economic progress within Asia. The future of air transport will highly depend on digital transformation. The airports in different parts of Asia are investing in technology, so a lot of time and effort can be saved when it comes to standing in long lines.

Managing the passengers will become accessible as the facilities provided to them will become better as well. The flow management of the passengers and self-service at each step will make things easy. Wide ranges of biometrics are used on almost all the passengers so that everything can remain under control. The rising number of passengers on the airports and taking care of their facilities has become challenging, but with smart airports’ arrival, everything will fall into place.

Smart technology and digital transformation will help the airports manage the challenge of the rising number of passengers keeping in mind that the infrastructure can be limited. The increased complexity has made everyone aware of the challenges.

If we talk about the Philippines, the traffic of international passengers has gone up to 36%. The economy has surged because the Philippines has now become a hot property among the tourists. When the country is getting international tourists, they are thinking about incorporating advanced technology into their airports. The Philippines’ economy is hampered due to problems with the infrastructure, and the aviation industry is also facing a lot of challenges.

They want to improve efficiency at their airports. If we look into details, biometrics is becoming increasingly common at all the airports in Asia and around the world. From check-in to boarding, travelers need a good and smooth experience. There is a lot of revolution in the technology that includes self-service passenger processing and airport management systems (AMS, AICC, and ACDM), making a dream come true. It will offer a seamless passenger journey across the Philippines into a reality.

The challenges

Many airports all across Asia are operating at a high level that goes beyond the design capacity. They are also struggling with the rise in the number of passengers and aircraft congestion. It seems that airport control has still not taken over the changes in modern and air travel. There are many challenges like security, safety, and efficiency that have to be taken care of at the airport.

  • Different departments at the airports are involved in control and command
  • There can be a lack of communications between various departments
  • IT systems are not sometimes properly installed to offer a single source of truth
  • The absence of timely response due to irregular operations
  • The experience for the passengers can become inconsistent at various levels

Case Study-Mumbai International Airport

Raj Gopal, an international speaker, has a lot of things to say about Mumbai International Airport. It will help everyone to balance operations with efficiency and come up with better and successful results. Mumbai is one of India’s most populated cities, and the Mumbai International airport is always full of passengers. It is one of the biggest airports for international travelers and remains to be second busiest after the Delhi Airport.

  • Mumbai International Airport has maintained its position as one of the most innovative airports in India. They are using technology to increase and optimize infrastructure to manage the rapid growth of passengers easily.
  • Currently, 54% of the passengers at the airport are making use of self-service technology. However, looking at the present statistics, it seems that the number will be raised in the upcoming years.
  • Mumbai international airport has become the first airport to introduce many concepts. One of the most important concepts is the Joint control center that will support SMART airports.
  • They have also become one of the very first airports to introduce self bag-drop while they have also implemented Airport collaborative decision making.
  • Mumbai International Airport is currently handling 49.9 million passengers in 2018, which features 6.3% as compared to other years. Among those passengers, 14.6% were international passengers, while 35.3% were domestic passengers.

How can the IT leaders respond to the demands?

The IT leaders have to make sure to bring people from various countries together while processing the data and other sources. It will help to offer an integrated view of the total operation at the airport. Here is what they can do:

  • IT leaders should make sure how to get in touch with the relevant stakeholders and decision-makers. They can share important information with the help of communication infrastructure and the tools for collaboration.
  • The IT leaders have to provide a total command at the airport and facilitate the coordination to a certain extent.
  • A lot of importance has to be given for the elevation and enhancement of satisfaction for the passengers. Once the essential and new technologies are incorporated, it will help the passengers in many ways.
  • It will be easy to achieve a seamless flow inside the airport by embracing and integrating different services. The airlines, security, and customs are also involved in providing the best facilities to the passengers.
  • The technologies for leverage enabled services are also taken care of very effectively. The security enhancements are improved with biometrics, profiling, and baggage management that remains unattended.
  • The airport authorities have to discuss the digital transformation and the journey towards it to improve their reputation. The passenger experiences can be enhanced using attractive techniques.
  • The IT department should also know how to improve the operations using optimized resources. Simultaneously, the decision making should speed up so the emergency can be controlled without taking much time.
  • The airport administrations have to be quick enough when it comes to decision making. They have to get accurate and real-time information so the efficiency for different operations can improve. The IT infrastructure has to improve so the volume can be handled, and the passenger experience is automatically enhanced.

How to become a digital airport?

Many companies that are involved with the aviation industry think that they have already achieved digital-ready offerings. However, only a small part of the transformation has been observed. It is essential to understand how new technology can be implemented, or the building blocks can be applied to make changes. The ACI airport digital transformation workgroup helps many airports and assists them in making changes according to the new technology. They are looking to target the following things:

  • Infrastructure
  • Open data
  • Personal experience enhancement
  • Biometrics and digital touch points
  • Virtual control room
  • Innovations and techniques

The digital transformation across Asian airports is already happening, which is seen at Changi Airport. The management and other authorities at the airport shouldn’t think about how it will happen as it is already happening. The technology leverage for better business and objectives for operations can be used to get better results. The entire airport can think about the digital transformations, but to begin with, they have to make sure how their environment is like. It will not be easy to get a full scope of the airport’s environment. The next important step will be to align with the new operational methods and transform them into something new and innovative. The outcome for each airport may be different, but the steps they have to take will be similar in many ways.

Airport environment assessment

The multi-dimensional review of the airport and the environment becomes a top priority. It should not be restricted to physical customers, the market, or the local community. The social, economic, and political influences should also be kept in mind.

Plans and objectives of an airport

The C-level management of an airport should handle the goals and objectives so that technology can be incorporated in the best ways. The specific plans for digital innovations, including identifying the technology (old or new), will help improve the outcomes.

Internal organization review

There should be proper access to the current organization’s demands or how the needs can remain flexible throughout implementations. The digital transformations can be achieved, keeping in mind all these details.

Digital transformation covers the entire scope of the activities at the airports. They should be viewed as a good business strategy rather than ordinary. The airports can only reach their financial and operational objectives by introducing many leverage innovations. It will help to optimize the business at airports and increase the economics too. They will have to increase the capacity of facilities that they have and reduce the operational expenditures also. Boosting the revenue may not be an easy task, but it is directly associated with business objectives and essential strategies.

Where does an airport begin to apply digital transformation?

The airport can begin with the digital transformation anywhere and everywhere. However, it may not sound very realistic. You have to take into account the environment of the airport and the business strategies very well. The airports are now working hard to create specific digital and transformation plans. The digital transformation plans aren’t simple and the external market and partner landscape are also required. Digital transformation will apply to all the critical areas of the airport. There should be a lot of focus on the most promising regions, but it won’t be easy to identify all the key domains. The digital strategy cannot be deployed if the necessary infrastructure is not deployed. It will help to improve the services in the best possible ways.

Security

Security for the passengers is a must for every airport. The video infrastructure, artificial intelligence, and other essential technologies can give passengers a better experience. If there is an unusual behavior at the airport, it can be detected easily. If the baggage remains unattended, it will be taken care of with a lot of security.

Capacity management

There should be a deep understanding of the flow of passengers coming in and out of the airports. It will offer a good optimization for the airport infrastructure and other retail services offerings too. The maintenance cost will reduce bringing high revenue for the airports.

Passenger services 

The great thing about the digital transformation at the airports is that many customers focused mobile apps are made for passengers’ convenience. The custom relationship management will help the airports offer a personalized experience to the passengers. It will enhance their experience at the airport, and airport service consumption can also be improved to a new level altogether.

Stakeholder management

The successful digital transformation process will help give a lot of support and economic benefits to the stakeholders. It involves airlines, passengers, investors, and other local communities as well. Digital technologies can no doubt prove to be useful for enhancing stakeholders’ relationships with the airports. They can make use of collaborative tools and gather essential information at regular intervals.

External

It is also essential to access all the physical and functional areas both inside and outside the airport. The local and virtual communities where the airport has been constructed should be checked wisely. The airports will also be encouraged to improve the leverage and other market innovations through strategic partnerships and plans. They can also look for critical solutions to build a better environment at the airport.

As we have discussed above that the digital transformation will occur throughout the overall ecosystem at the airports. It has now become essential to prioritize all the activities and make plans accordingly. They have to take into account business and operational objectives and enhance the customer experience in many ways. The comprehensive and action-oriented plans and execute something innovative to increase the revenue at the airports. All the digital transformation plans’ activities will fall into place if the impacts are judged before it.

DX Strategic Priorities 2021: ASEAN emerging firms at the forefront of digital transformation

Association of Southeast Asian Nations (ASEAN) is one of the most prominent regions and has the most significant and progressive economy. ASEAN is a robust economy and can match up to the other big economies in the world. The intergovernmental organization comprises of 10 member countries. The combined GDP of these member countries amounts up to an excess of $2.5 trillion. The economy of the region is also continuously growing and has been at a steady rate. The economy of ASEAN has been growing by 6% per year.  The ASEAN region’s impressive growth has helped the member countries become more prominent in the world. The emerging and development in the economy have been due to the rapid penetration and digital transformation progress. The emergence of smartphones and the growth in smart technology in the ASEAN region have helped improve the economy. The evolving digital transformation trend has made a lot of progress and has helped the member countries make their future bright.

The ASEAN digital transformation has been carried out using well-developed strategies. The innovation-driven information has helped to transform digitally. The communications tech infrastructure has also improved in the ASEAN region. The middle-class people in the ASEAN region is improving and expanding with each passing day. The e-commerce industry and social media evolution are also gaining a lot of popularity. The tech devices are also becoming more popular because they are affordable and are within reach of everyday people. Also, the ASEAN region has a considerable population that is young and youthful. The strong startup sector has evolved, and the ASEAN region is moving fast towards digital transformation. All the factors combine and give birth to the growing digital wave. The digital transformation has made the ASEAN region more promising and has helped to transform Southeast Asia.

DX Strategic Priorities 2021

There were many surveys conducted in the ASEAN region, and there was a recent survey done in 2020. The TechTarget/Computer Weekly IT Priorities conducted a study. It was revealed that nearly 44% of the 200 respondents who are a part of the ASEAN region have cited the digital transformation and have made this their top priority. The infrastructure modernization is rated as (41%), and the cyber security strategy is (36%).In 2021 the trend will continue and the investment in these areas might increase.

The priorities they have made are not surprising at all. This has given the ASEAN region enterprises to come under pressure and has helped them remain competitive. Digital disruption has been done in the ASEAN region across the digital industries that include financial services and logistics.

The growth has also been frequent in IT spending, and the trend has been softening. The ASEAN region has probably over concerns related to the slowing of the global economy. In 2019 there were 80% of the respondents and expected a better IT budget. Just 61% of the people in the region are hoping to spend more in the coming year.

As compared to the previous years, 2021 will see more ASEAN firms investing in the digital and core technology foundation. More firms will invest money to support the digital transformation needs and have made efforts to improve the economy even further. In the data center, 38% of the respondents will be continuing to invest in digital transformation and on-premise infrastructure in 2021. Many firms are focusing on the preference of the hybrid cloud.

Investment in Digital automation and security in 2021

In the ASEAN region, the digital transformation has helped to support the digital automation and security. It has also helped in monitoring tools that are related to digital transformation. One-third of respondents and the firms will be investing in, and that will be paving the way towards agile software development.

There will be some proportion of investors spending on agile project management software, and the investment will be doubled, starting from 21% in 2019 to 42% in 2021. The underscoring firms’ are also planning to invest more in the digital world, and the growing resolve will help build in-house software in the region. The development capabilities for software building will enhance and improve, and more software centers will open up to make way for more digital transformation. This has helped the ASEAN region firms gain a significant edge over their competitors and rivals.

These development efforts in the digital world have helped mainly to gear towards the internet of things (IoT) applications. There are (37%) of the firms that are investing in the IoT and they are expected to do so in 2021. The signaling of technology has finally been catching up in the region. The firms are also showing interest in investing in the microservices (32%). It was more than expected that the investments will be made in the application programming interface (API) next year. The management tools have seen a rise in the investment, and it keeps on to remain as high as (53%).

This has been on the list for a long time, and more firms are developing an interest in investing.

When it comes to the storage front, the spending has been highly increased in the cloud-based storage, and it will continue to remain strong in 2021. Four out of 10 respondents have put up their investments and have invested their top priority. The demand for flash-based storage also appears to be growing. There will be few respondents who will be planning to make investments in the technology sector this 2021.

ASEAN Firms in New Technologies

The ASEAN region has a highly mobile work front, and the young workforce has been embracing mobile technology. The younger generation has been investing money in new technologies and has been using digital services in their lives. The ASEAN’s investment has been made on the mobile device management (MDM) tools. The chances of investment in this sector have become relatively higher, and there are nearly 40% of the firms are planning to invest. The unified endpoint has made way to the management solutions.

There are 35% of the ASEAN enterprises that are rapidly moving ahead and are investing a lot in the Windows 10 migrations. Microsoft has also ended its Windows 7 and will not recognize it anymore. The people that are still using Windows 7 then their devices can be ticking time bombs, and they might not have any cyber security. This is the reason why at least 36% more of the firms will be spending more in 2021.

The ASEAN region is also focusing on developing the new software, and the member countries in the ASEAN region have teams and facilities that can help build software. The companies are also developing the off packaged software. Many large enterprises will be working on improving their financial applications. The enterprise resource planning (ERP) systems will also be seen improving. There are nearly 40% of the investors planning to make investments in ERP applications. The investments in this sector will help to upgrade the digital transformation and support it in many ways.

These applications will be guided by digital technologies and are likely to deliver cloud-based services. More firms will be driving investments and will invest money in networking technologies. The software connected to the wide-area networks (SD-WAN) will also be invested more by the firms. There was a survey conducted that revealed that the SD-WAN has topped the list of investments. The networking priorities have changed in the ASEAN, and the people are adopting new technologies. Some more firms and companies are planning to invest more in cloud services and provide the users’ benefits.

An economy on the verge of takeoff

The internet economy is also being explored and is taking a new shape in ASEAN. The region’s enterprises are now investing more in this sector and have built a robust platform to launch and enter into the global supply chains. The region has diverse economies, and all of them are on the verge of uniting. They plan to form one economic bloc so that they can become invincible. When this happens, the ASEAN region wills see a rise in the economic takeoff.

Multinational companies are also trying to invest and penetrate the ASEAN market, and the economy is in the readiness to takeoff. Professional organizations in Singapore are also planning to invest in digital technologies. This has helped the companies to recruit the employees that are right for the job. The region has been expanding its job market scene. If you are planning to grow your business and you are in the ASEAN market, then you might need translation company services to make the business more successful among the ASEAN customers.

The ASEAN member countries will be going to create a seamless e-commerce space. This will allow the traders that are in the ASEAN region to market the products and services. They can sell off their products without the tariff and international trade restrictions. The ASEAN Economic Blueprint 2025 has also given rise to tap technology. This has also enhanced the power to close a gap in the world’s member states and other top economies. The leading economies include China, the US, and the EU. The ASEAN economic development has taken off and has helped to boost the Smart Cities Network. This consists of 26 cities that are in the ASEAN region. If the ASEAN region’s cities have a better economy by 2025, then the area will become more industrial and will have more digital transformation.

The master plan on connectivity (MPAC) 2025 and industry 4.0

The MPAC 2025 aims to promote economic integration and has helped the member nations create an inclusive trade bloc until the year 2025. This goal will also focus on achieving the cross-sectoral connectivity in the ASEAN region. The plan has given birth to the rise in the ASEAN digital data investment and will also improve the governance framework. The region is also seeking to drive digital innovation and will allow the nation to create and implement a stronger digital agenda in the ASEAN region.

If the MPAC 2025 is successfully implemented, then ASEAN’s digital technologies will have significant growth of $500 billion in 2025. Technology has been adopted, and the ASEAN region will invest on a bigger scale. The efficiency and governance in the business will become a notch higher. The products and services will also be improved, and the region will stand firm in front of the other communities. There will be a more substantial chance and will help to compete in the global market.

There has been widespread adoption, and the ASEAN region will be investing in the new and advanced tech tools. This will allow the ASEAN region to leapfrog the regional trade blocs. This will help to improve customer satisfaction. Service delivery will also improve significantly. The Education systems in the ASEAN region will also improve after the integration of AI integration.

Are there any challenges to ASEAN’S digital transformation?

The digital revolution has become more prominent in Southeast Asia and will be taking some time to complete because there are several teething problems. The most significant issues out of these are the digital landscape, and some member states in the ASEAN region have deplorable conditions. Some other countries are at par the world’s developed economies. Vietnam, Myanmar, and Cambodia are not growing well, and their development is at a slow pace compared to its peers like Malaysia and Singapore. This contrast between the nations will be leading to failure in the digital revolution.

Conclusion

If the ASEAN region continues to invest in the digital trajectory, the member states will join the most extensive global economies until the year 2030. Countries like Singapore might have an edge and might be close to big economies that include the United States and China. The economic giants European Union have already invested a lot in digital development. The ASEAN region has a young workforce that is also educated and is well prepared to use the new technologies and explore them. The ASEAN digital transformation has full potential, and the region might see many firms investing in the digital transformation.  There are several emerging firms mentioned in the post that are making investments in the digital transformation.

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The Website may contain material, such as software, text, graphics, images, designs, sound recordings, audiovisual works, and other the material provided by or on behalf of us (collectively referred to as the “Content”).  The Content may be possessed by us or third parties.   Unauthorized use of the Content may infringe copyright, trademark, and other laws.  You have no rights in or to the Content, and you will not take the Content except as allowed under this Agreement.  No other use is allowed without prior written consent from us.  You must recollect all copyright and other proprietary notices contained in the original Content on any copy you make of the Content.  You may not transfer, provide license or sub-license, sell, or modify the Content or reproduce, display, publicly perform, make a derivative version of, distribute, or otherwise use the Content in any way for any public or commercial purpose.  The use or posting of the Content on any other Website or in a networked computer environment for any purpose is expressly prohibited.

If you infringe any part of this Agreement, your permission to access and/or use the Content and the Website automatically terminates and you must immediately destroy any copies you have made of the Content.

Our trademarks, service marks, and logos used and displayed on the Website are registered and unregistered trademarks or service marks of us.  Other company, product, and service names located on the Website may be trademarks or service marks owned by others (the “Third-Party Trademarks,” and, collectively with us, the “Trademarks”).  Nothing on the Website should be construed as granting, by implication, estoppel, or otherwise, any license or right to use the Trademarks, without our prior written permission specific for each such use.    None of the Content may be retransmitted without our express, written consent for every instance.

MISCELLANEOUS

SEVERABILITY

If any provision of these Terms is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary so that the Terms will otherwise remain in full force and effect and enforceable.

TERMINATION

Term. The Services provided to you can be canceled or terminated by us. We may terminate these Services at any time, with or without cause, upon written notice. We will have no liability to you or any third party because of such termination. Termination of these Terms will terminate all of your Services subscriptions.

Effect of Termination. Upon termination of these Terms for any reason, or cancellation or expiration of your Services: (a) We will cease providing the Services; (b) you will not be entitled to any refunds or usage fees, or any other fees, pro-rata or otherwise; (c) any fees you owe to us will immediately become due and payable in full, and (d) we may delete your archived data within 30 days. All sections of the Terms that expressly provide for survival, or by their nature should survive, will survive termination of the Terms, including, without limitation, indemnification, warranty disclaimers, and limitations of liability.

ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the parties hereto concerning the subject matter contained in this Agreement.

GOVERNING LAW AND JUDICIAL RECOURSE

The terms herein will be governed by and construed following the Law of Singapore without giving effect to any principles of conflicts of law. The Courts of Singapore shall have exclusive jurisdiction over any dispute arising from the use of the Website.

CONTACT INFORMATION

If you have any questions about these Terms, please contact us at hello@edxevents.com.

Privacy Policy

Last updated [Oct 16th, 2020]

Our Privacy Policy forms part of and must be read in conjunction with, website Terms and Conditions. We reserve the right to change this Privacy Policy at any time.

We respect the privacy of our users and every person who visits our sites https://edxevents.com/ and https://dxleadersseries.com/. Here, (“we”, “us”, or “our”) We are committed to protecting your personal information and your right to privacy in accordance with the General Data Protection Regulation (GDPR – European regulation) and the Personal Data Protection Act (PDPA – Singapore Regulation). If you have any questions or concerns about our policy or our practices with regards to your personal information, please contact us at hello@edxevents.com.

When you visit our websites https://edxevents.com/ and https://dxleadersseries.com/ (“websites”) and use our services, you trust us with your personal information. We take your privacy very seriously. In this privacy notice, we describe our privacy policy. We seek to explain to you in the clearest way possible what information we collect, how we use it, and what rights you have in relation to it. We hope you take some time to read through it carefully, as it is important. If there are any terms in this privacy policy that you do not agree with, please discontinue the use of our sites and our services.

This Privacy Policy has been developed and is maintained in accordance with all applicable federal and international laws and regulations and specifically with the GDPR (General Data Protection Regulation – European regulation) and the Personal Data Protection Act (PDPA – Singapore Regulation).

This privacy policy applies to all information collected through our websites, and/or any related services, sales, marketing, or events (we refer to them collectively in this privacy policy as the “websites”).

ABOUT US

Based in Singapore. EDX (Enterprise Digital Transformation) was founded by a group og B2B event professionals with more than 10 years of industry experience. They wanted to prove that vents are not just about learning and networking – that senior level events can also be creative, purposeful, and more fun than just listening to presentations.

EDX creates not only corporate events but also business intelligence and customized platforms ti convert leads and contacts into real deals. EDX believes that a perfect mix of event solutions that suit the client’s needs could impact not only its bottom line, but also the brand experience.

Please read this privacy policy carefully as it will help you make informed decisions about sharing your personal information with us.  

  1. WHAT INFORMATION DO WE COLLECT?

The personal information you disclose to us

We collect personal information that you voluntarily provide to us when expressing an interest in obtaining information about us or our products and services when participating in activities on the websites, or otherwise contacting us.

The personal information that we collect depends on the context of your interactions with us and the websites, the choices you make, and the products and features you use. The personal information we collect can include the following:

Personal Data 

We collect your first and last name, email address, company, job title, postal address, phone number (office number and mobile number), and other similar contact data.

Credentials. We collect passwords, password hints, and similar security information used for authentication and account access.

Information automatically collected

We automatically collect certain information when you visit, use, or navigate the websites. This information does not reveal your specific identity (like your name or contact information) but may include device and usage information, such as your IP address, browser, and device characteristics, operating system, language preferences, referring URLs, device name, country, location, information about how and when you use our websites and other technical information.  If you access our websites with your mobile device, we may automatically collect device information (such as your mobile device ID, model, and manufacturer), operating system, version information, and IP address. This information is primarily needed to maintain the security and operation of our websites, and for our internal analytics and reporting purposes.

Like many businesses, we also collect information through cookies and similar technologies. You can find out more about this in our Cookie Policy.

Information collected from other Sources

We may obtain information about you from other sources, such as public databases, joint marketing partners, social media platforms (such as Facebook, Instagram, Twitter), as well as from other third parties.

If you have chosen to subscribe to our newsletter, your first name, last name and email address will be shared with our newsletter provider. This is to keep you updated with information and offers for marketing purposes.

Payment information

Your credit/debit card information or payment information will be processed by the payment platforms available on the websites, which will treat and safeguard your data with total security and with the exclusive purpose of processing the purchase of the services. We reserve the right to contract any payment platform available in the market, which treats your data for the sole purpose of processing the purchase of services.

GOOGLE Analytics

We use Google Analytics provided by Google, Inc., USA (“Google”). These tool and technologies collect and analyze certain types of information, including IP addresses, device and software identifiers, referring and exit URLs, feature use metrics and statistics, usage and purchase history, media access control address (MAC Address), mobile unique device identifiers, and other similar information via the use of cookies. The information generated by Google Analytics (including your IP address) may be transmitted to and stored by Google on servers in the United States. We use the GOOGLE Analytics collection of data to enhance the websites and improve our service.

Please consult Google’s privacy policy here:

Social Media

On our websites you will find links and functions linked to different social networks, in which you can share your information.

It is advisable to consult the privacy policy and data protection of each social network used on our websites.

  1. HOW DO YOU GET MY CONSENT?

By using the services, accepting the checkboxes, communicating with us through the contact forms or our contact information, accepting the use of cookies by our websites and voluntarily providing us with personal information to communicate with you, you are providing your consent to our collection, storage and use of your information on the terms contained in this privacy policy. You consent to the use of cookies on our websites when you give your acceptance through the pop-up window shown on the home page when you enter the websites. You may withdraw your consent by sending us your request via the contact information or the contact page.

  1. HOW DO WE USE YOUR INFORMATION?

We use your personal information for these purposes in reliance on our legitimate business interests (“Business Purposes”), in order to enter into or perform a contract with you (“Contractual”), with your consent (“Consent”), and/or for compliance with our legal obligations (“Legal Reasons”). We indicate the specific processing grounds we rely on next to each purpose listed below.  

We use the information we collect or receive:  

  • To send administrative information to you for related to your account, our business purposes, and/or for legal reasons. We may use your personal information to send you the product, service, and new feature information and/or information about changes to our terms, conditions, and policies.
  • Deliver targeted advertising to you for our Business Purposes and/or with your Consent. We may use your information to develop and display content and advertising (and work with third parties who do so) tailored to your interests and/or location and to measure its effectiveness.
  • Request Feedback for our Business Purposes and/or with your Consent. We may use your information to request feedback and to contact you about your use of our websites.
  • To protect our websites for Business Purposes and/or Legal Reasons.  We may use your information as part of our efforts to keep our websites safe and secure (for example, for fraud monitoring and prevention).
  • To enable user-to-user communications with your consent. We may use your information in order to enable user-to-user communications with each user’s consent.
  • To enforce our terms, conditions, and policies for our business purposes and as legally required.
  • To respond to legal requests and prevent harm as legally required. If we receive a subpoena or other legal request, we may need to inspect the data we hold to determine how to respond.
  • For other Business Purposes. We may use your information for other Business Purposes, such as data analysis, identifying usage trends, determining the effectiveness of our promotional campaigns, and to evaluate and improve our websites, products, services, marketing, and your experience.
  1. WILL YOUR INFORMATION BE SHARED WITH ANYONE?

We only share and disclose your information in the following situations:

  • Compliance with Laws. We may disclose your information where we are legally required to do so in order to comply with applicable law, governmental requests, a judicial proceeding, court order, or legal processes, such as in response to a court order or a subpoena (including in response to public authorities to meet national security or law enforcement requirements).
  • Vital Interests and Legal Rights. We may disclose your information where we believe it is necessary to investigate, prevent, or take action regarding potential violations of our policies, suspected fraud, situations involving potential threats to the safety of any person and illegal activities, or as evidence in litigation in which we are involved.
  • Vendors, Consultants, and Other Third-Party Service Providers. We may share your data with third-party vendors, service providers, contractors, or agents who perform services for us or on our behalf and require access to such information to do that work.
  • Business Transfers. We may share or transfer your information in connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our business to another company.
  • Third-Party Advertisers. We may use third-party advertising companies to serve ads when you visit the websites. These companies may use information about your visits to our websites and other websites that are contained in web cookies and other tracking technologies in order to provide advertisements about goods and services of interest to you.
  • We may share your information with our affiliates, in which case we will require those affiliates to honor this privacy policy. Affiliates include our parent company and any subsidiaries, joint venture partners, or other companies that we control or that are under common control with us.
  • Business Partners. We may share your information with our business partners to offer you certain products, services, or promotions.
  • With your Consent. We may disclose your personal information for any other purpose with your consent.
  • Other Users. When you share personal information (for example, by posting comments, contributions, or other content to the websites) or otherwise interact with public areas of the websites, such personal information may be viewed by all users and may be publicly distributed outside the websites in perpetuity.
  1. DO WE USE COOKIES AND OTHER TRACKING TECHNOLOGIES?

We may use cookies and similar tracking technologies (like web beacons and pixels) to access or store information. Specific information about how we use such technologies and how you can refuse certain cookies is set out in our Cookie Policy.

  1. IS YOUR INFORMATION TRANSFERRED INTERNATIONALLY?

Our servers are located in the Singapore. We will not transfer your personal information to an overseas recipient.

  1. WHAT IS OUR STANCE ON THIRD-PARTY WEBSITES?

The websites may contain advertisements from third parties that are not affiliated with us and which may link to other websites, online services, or mobile applications. We cannot guarantee the safety and privacy of data you provide to any third parties. Any data collected by third parties is not covered by this privacy policy. We are not responsible for the content or privacy and security practices and policies of any third parties, including other websites, services, or applications that may be linked to or from the websites. You should review the policies of such third parties and contact them directly to respond to your questions.

  1. HOW LONG DO WE KEEP YOUR INFORMATION?

We will only keep your personal information for as long as it is necessary for the purposes set out in this privacy policy unless a longer retention period is required or permitted by law (such as tax, accounting, or other legal requirements). No purpose in this policy will require us to keep your personal information for longer than 90 days past the termination of your account.

When we have no ongoing legitimate business need to process your personal information, we will either delete or anonymize it, or, if this is not possible (for example, because your personal information has been stored in backup archives), then we will securely store your personal information and isolate it from any further processing until deletion is possible.

  1. HOW DO WE KEEP YOUR INFORMATION SAFE?

We work to protect the security of your information during transmission by using Secure Sockets Layer (SSL) software, which encrypts information you input. If transactions are processed on the websites, transaction information is transmitted to and from the websites in encrypted form using industry-standard SSL connections to help protect such information from interception. We restrict authorized access to your personal information to those persons who have a legitimate purpose to know that information to provide products or services to you and those persons you have authorized to have access to such information.

We follow generally accepted industry standards to protect the personal information you provide to us. No method of transmission over the Internet, or method of electronic storage, is 100% secure. Therefore, while we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security.

We will not sell, distribute, or lease your personal information to third parties unless we have your permission or are required by law to do so.

  1. DO WE COLLECT INFORMATION FROM MINORS?

We are in compliance with the requirements of the “GDPR” (General Data Protection Regulation – European regulation) and the Personal Data Protection Act (PDPA – Singapore Regulation) regarding the protection of the personal data of minors. We do not knowingly solicit data from or market to children under 16 years of age.  By using the websites, you represent that you are at least 16 or that you are the parent or guardian of such a minor and consent to such minor dependent’s use of the websites. If we learn that personal information from users less than 16 years of age has been collected, we will deactivate the account and take reasonable measures to promptly delete such data from our records.  If you become aware of any data, we have collected from children under age 16, please contact us at hello@edxevents.com.

  1. WHAT ARE YOUR PRIVACY RIGHTS?

Personal Information

You may at any time review or change the information in your account or terminate your account by:

  • Logging into your account settings and updating your account
  • Contacting us using the contact information provided below

Upon your request to terminate your account, we will deactivate or delete your account and information from our active databases. However, some information may be retained in our files to prevent fraud, troubleshoot problems, assist with any investigations, enforce our Terms of Use, and/or comply with legal requirements.

Cookies and similar technologies: Most Web browsers are set to accept cookies by default. If you prefer, you can usually choose to set your browser to remove cookies and to reject cookies. If you choose to remove cookies or reject cookies, this could affect certain features or services of our websites.

  1. GDPR ENTITLEMENT

Users who provide information through our websites, as data subjects and data owners, have the right to access, rectify, download or delete their information, as well as to restrict and object to certain processing of their information. While some of these rights apply generally, others apply only in certain limited circumstances. We describe these rights below:

  • Access and portability: to access and know what information is stored in our servers, you can send us your request through our contact information.
  • Rectify, Restrict, Limit, Delete: You can also rectify, restrict, limit or delete much of your information.
  • Right to be informed: Users of our websites will be informed, upon request, about what data we collect, how it is used, how long it is retained and whether it is shared with third parties.
  • Object: When we process your information based on our legitimate interests as explained above, or in the public interest, you may object to this processing in certain circumstances. In such cases, we will stop processing your information unless we have compelling legitimate reasons to continue processing it or where it is necessary for legal reasons.
  • Revoke consent: Where you have previously given your consent, such as to allow us to process and store your personal information, you have the right to revoke your consent to the processing and storage of your information at any time. For example, you may withdraw your consent by updating your settings. In certain cases, we may continue to process your information after you have withdrawn your consent if we have a legal basis for doing so or if your withdrawal of consent was limited to certain processing activities.
  • Complaint: If you wish to file a complaint about our use of your information (and without prejudice to any other rights you may have), you have the right to do so with your local supervisory authority. Users can exercise all these rights by contacting us through the contact information or the contact page.
  • Rights related to automated decision-making, including profiling: website users may request that we provide a copy of the automated processing activities we conduct if they believe that data is being unlawfully processed.

Additionally, if you are a European resident, we note that we are processing your information in order to fulfil contracts we might have with you or otherwise to pursue our legitimate business interests listed above. Additionally, please note that your information will be transferred outside of Europe.

EU residents can exercise these rights by raising a request directly at hello@edxevents.com.

  1. DO WE MAKE UPDATES TO THIS POLICY?

We may update this privacy policy from time to time. The updated version will be indicated by an updated “Revised” date and the updated version will be effective as soon as it is accessible. If we make material changes to this privacy policy, we may notify you either by prominently posting a notice of such changes or by directly sending you a notification. We encourage you to review this privacy policy frequently to be informed of how we are protecting your information.

  1. DATA PROTECTION OFFICER

We have appointed a Data Protection Officer (“DPO”) who is responsible for overseeing questions in relation to this privacy notice. If you have any questions about this privacy notice, including any requests to exercise your legal rights, please contact the Data Protection Officer, at our e-mail hello@edxevents.com.

  1. HOW CAN YOU CONTACT US ABOUT THIS POLICY?

If you have questions or comments about this policy, email us at hello@edxevents.com.

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