EY Launches A Lab In Shenzhen Focused On Web3 And Blockchain Technologies

APAC Tech Lab will provide a comprehensive spectrum of technical capabilities focused on rapid prototyping and product development, bolstering EY technology solutions in the Asia-Pacific region and strengthening global synergies.

EY APAC Tech Lab, a new, cutting-edge incubator and engineering lab in Shenzhen, China, to satisfy the special needs of the booming Asia-Pacific market through rapid innovation. As an agile, Asia-Pacific-focused organization, the Lab will play a critical role in improving EY’s technology portfolio in the region, serving as a strategic center for technological research, testing, and implementation.

The Lab is the most recent addition to EY’s global network of innovation centers dedicated to cultivating cutting-edge technological incubation and research and development in key technology markets throughout the world. The EY APAC Tech Lab was established to answer customers’ diversified demands in today’s complex geopolitical scenario, in collaboration with EY innovation platforms and solutions.

An advanced data analytics platform developed in collaboration with a leading telecoms operator in Asia-Pacific that uses clustering, supervised machine learning, and deep automation methods to generate rich and precise customer insights from telecoms data, allowing customers to receive a more personalized and improved experience.

A prototype for automating the data integration and estimation of Scope 3 carbon emissions reporting, complete with science-based targeted data models and an AI-powered predictive sandbox. This will enable businesses to move closer to their net-zero goals by including forecasting, target-setting, and sensitivity analysis tools into their carbon calculations.

A Web3-based health care data analytics paradigm that is supported by Distributed Identity (DID) requirements to aid in the execution of compliant, authenticated, and ethical medical data analyses in conjunction with major pharmaceutical corporations.

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