Hong Kong Science and Technology Park Data Technology Center is put into use, helping Hong Kong realize the value of data economy.

Data economy has become an important direction for global development in xinjingji in recent years. To promote the development of the data industry in the region, Hong Kong Science and Technology Parks Corporation has constructed the Data Technology Hub (DT Hub) in the Tseung Kwan O Industrial Estate, hoping that this new data industry base will help Hong Kong move into the data era.

vobile group is one of the first technology companies to settle in DT Hub. Chairman Wang Yangbin pointed out that DT Hub provides the ideal environment for the group to establish local technical departments.

With the ongoing pandemic, many people spend long hours at home, turning to online streaming platforms such as YouTube, Netflix, etc., as their main source of entertainment. This trend has also driven rapid growth in online media content protection, measurement, and monetization services.$VOBILE GROUP (03738.HK)$"2020 was an important milestone for us," said Chairman Wang Yangbin of vobile group.

Established in 2005, vobile is dedicated to assisting film and television companies and related media content creators in protecting their copyrights and distributing creative content globally. The company went public in Hong Kong in 2018 and has been progressively expanding its operations in Hong Kong, including establishing local technical departments at DT Hub. Wang Yangbin stated that vobile is a data-centric company that attaches great importance to data technology, and DT Hub provides an ideal environment with suitable hardware, including a highly capable fiber optic network, global connectivity, and unique positioning towards mainland china.

Facing the current new normal, Wang Yangbin firmly believes that online streaming media platforms, such as the Direct-to-Consumer model, are the trend: 'We are facing a major turning point, this will be our present and future.'

Hong Kong Science and Technology Parks Corporation CEO Wong Hak Keung pointed out that the benefits and value brought by the data economy are enormous. The Science Park hopes to establish DT Hub, providing international advanced hardware facilities and gathering corporate talents as a new base to drive the prosperous development of the data industry in Hong Kong. He said: 'DT Hub not only provides a place for companies to work, but also hopes to establish an ecosystem of data technology for companies to collaborate here.'

In addition, DT Hub also helps drive the further industrialization of Hong Kong, developing advanced manufacturing industries driven by data technology and innovative technology. Therefore, DT Hub and the upcoming Advanced Manufacturing Centre (AMC) next to it are also expected to have greater synergies in the future, jointly promoting the diversified development of the Hong Kong economy.

Wong Hak Keung emphasized that the data economy is one of the main directions of development worldwide at present, and Hong Kong absolutely cannot fall behind.

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