
ASVDP 2.0 is an important vehicle through which the government can facilitate the development and growth of the IoT sector while enhancing the innovation and entrepreneurship ecosystem. The initiative was first launched some 7 years ago and has driven the sector's output value to new heights, reaching NT$2 trillion for 2022. The program has also led to the creation of multiple IoT startups which went on to develop many of the smart city applications. The release to date of 249 smart city application solutions and the successful deployment of over 88 smart systems in other countries and regions are testament to the initiative's success.
The exhibition at Asia Silicon Valley Theme Pavilion themed "Accelerating Green Transformation with Digital Innovation for a New Sustainable Future" tells the story of how the policies that support smart cities and zero emissions led to the founding of the entrepreneurial startups. Exhibitors include many of the companies that had been most successful including several that have attracted international attention. To cite a few examples, Quadlink Technology's Aquadlink Smart Monitoring System has been installed in 8 counties and cities across Taiwan, including Yunlin, Chiayi, and Tainan, as well as exported to Indonesia, Brunei and the Philippines. iStaging's naked 3D technology can be used with multiple types of hardware, offering shopping mall visitors an immersive AR/VR experience. The technology has already been successfully deployed by such high-end brands as LVMH, Richemont and L'Oreal.