J. Angelo Racoma

The company's mission is to bring delicious, sustainable, and healthy seafoods to consumers' tables, using technology to grow meat from healthy cells instead of animals. Currently, Shiok Meats produces crustaceans like shrimps, crabs, lobsters and is the first in the world to do so using cellular agriculture technology.

OmniFoods has a mission to innovate food that will treat the planet right, treat animals right and treat consumers right. The company's established food scientist team in Canada innovates food 2.0 based on Asian eating culture and cooking habits while ensuring that the ingredients are cruelty-free, cholesterol-free, antibiotic-free, and hormone-free.

"I think that world is still there to be discovered. As we make progress with our technologies, we will discover more. All the exciting examples turn out to have an unexpectedness about them. It wasn't a linear process towards the end. And that's how science should be."

We challenge the notion that healthy is expensive. Healthy doesn't have to mean spending a fortune. Instead, the mass premium products with functional benefits mean that majority of people can afford a healthier option, with 0-30 percent premium, which is an affordable price to keep the doctor away.

Tookitaki’s AML compliance platform harnesses artificial intelligence (AI) to support a family of intelligent specialist compliance applications that set new standards in accuracy, speed, and resilience.

AI technology will also help merchants optimize their operations--reducing wastage in supply chain and increasing resilience. For example, we are able to achieve a highly accurate demand forecasting, and be able to optimise time, quantity and location to place the inventory.

With the regulatory foundation that is being developed across the region, the rapidly growing internet population, and rising digital financial services adoption, we can expect a trend towards healthier competition among the players and better protection of consumers’ rights.

Asia Pacific region businesses are very consumer-focused. AI is a perfect technology to help businesses understand consumers better, and also for consumers to receive better, personalized services. AI in this case plays an important role in creating the virtuous cycle.

Innovation should always focus on improving the welfare of communities and seek to resolve the challenges they face in their day-to-day life. New technology should have the goal of improving a society’s quality of life.

The key success factors of corporate innovation are -- Process, Structure, and Culture. First, process needs to be optimized. Second, enable a structure to facilitate agile resources and empowerment. And third, cultivate culture to embrace change and nurture unorthodox thinking.