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Engineering in Society Research 2022

   

Added on  2022-08-26

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Running head: ENGINEERING IN SOCIETY
ENGINEERING IN SOCIETY
Name of the Student
Name of the University
Author note
Engineering in Society Research 2022_1
1ENGINEERING IN SOCIETY
IT and EE industries in Hong Kong
Hong-Kong is a top business centre in Asia continent. It has lots of advanced
infrastructure in Information and Communication Technology. As per the Global Economic
Report (2016) of World Economic Forum, Hong-Kong is bagged third position in Asia in
Network Readiness Index. There are 395 software companies are available. Cross-border e-
commerce is developing rapidly in Hong Kong ("Engineering Industry in Hong Kong | Hong
Kong Means Business", 2020). Small and medium enterprises are facing some difficulties
while using the information technologies in their logistics systems in Hong Kong.
Hong Kong has a great infrastructure for entrepreneurs. There are lots of researches
activities are going on in Big Data in Hong Kong (Zhang, 2020). If a person is good in front
end website development, then Hong Kong is a good place for him. Frond end web designing
can be easily outsourced in Hong Kong.
Foreign direct investments help the electronics and IT industries of Hong Kong to
perform the research and development (Yeh & Chao, 2020). It helps to increase number of
patents in the area of electronics. In 1960s, the electronic industries of United States of
America manufactured semi-conductors, computer memory and other high technology
products. In this sector, a huge amount of non technical manpower is required. It has some
strict requirements on the factory specifications.
In 2019, the Shenzen-Hong Kong innovation cluster bagged second position in the
globe. In 2019, the number of start-up for IT industry has grown by twenty one percent to
3,184. For that reason, the rate of employment also increased. It was increased by thirty one
percent. Artificial Intelligence and smart are also increased in Hong Kong (Yeh & Chao,
2020). In Hong Kong, lots of disasters are happened. That is why, local government plans to
Engineering in Society Research 2022_2
2ENGINEERING IN SOCIETY
use some artificial intelligence based monitoring systems. Big data analytics and some
artificial intelligence based systems. There are lots of foreign investments happen for
performing some research works in the artificial intelligence sector. Government of Hong
Kong decides to use artificial intelligence in many sectors.
There is near about two-fifty start-up companies in artificial intelligencer sector.
Machine learning is also growing sector in Hong Kong (Zhang, 2020). If a person has a
sound knowledge in the field of machine learning then Hong Kong is a good place for his or
her career. There are many countries who invest a huge amount of money for the
development of machine learning industries in Hong Kong.
In Hong Kong, machine learning engineer job is very popular. Many companies in
Hong Kong develop healthcare related machine learning based applications which is
responsible for the enhancement of the healthcare industry (Chan et al., 2020). Machine
learning application companies are interested to collaborate the digital transformation with
healthcare systems. For that reason, demands for the data analysis job are increasing rapidly.
In Hong Kong, sentiment analysis is very popular.
At current scenario, the IT market of Hong Kong is totally changed. They have 1.3
million strong IT market in the entire globe. In future, the IT industry of Hong Kong will
provide a huge growth ("香港記憶 | Hong Kong Memory", 2020). As the IT industry of Hong
Kong uses some latest technologies, it should have a stronger presence in the global
information technology market even though they are facing lots of challenges from some
developed countries Taiwan, Singapore and many others.
Global
Rankings
2016 2017 2018 2019
Global 14/128 16/127 14/126 13/129
Engineering in Society Research 2022_3

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