InnoVEX, a new special exhibition affiliated to COMPUTEX TAIPEI, was attended by 388 new entrepreneurs from 21 countries in 2018. For the first time in this year, Delta set up the "Delta Special Award" in the InnoVEX competition on innovation and entrepreneurship to encourage technologically forward-looking and market-oriented start-ups to participate in their ecosystems through competition awards and reviews, which in turn promotes more cooperation on technologies.

OneWatt Solutions, a Philippines-based start-up team, uses AI technology and unique sound sensors for predictive maintenance of motors, which can extend the service life of a motor by 30%, making it the winner of Delta Special Award along with USD10,000. The award was presented by Dr. Jean Liu, representative of the Delta review panel and Director of Delta Electronics

The topics of the competition this time consisted of ten major categories including AI & Big Data, Enterprise Software, Hardware, Health & Bio Tech, etc. DRC formed a cross-group review panel to comprehensively evaluate the achievements of these start-up teams in terms of technology, market, and profit model, as well as their potential for future cooperation with Delta. Finally, the non-invasive motor monitoring solution from the OneWatt Solutions team from the Philippines was granted the Delta Special Award. This solution utilizes a unique sound sensor along with AI analysis technology for predictive maintenance, effectively reducing failures by 70%, increasing energy efficiency by 10%, and increasing production capacity by 25%. The team received double recognitions by winning the "Startup Terrace Award" from Small and Medium Enterprise Administration (SMEA) of the Ministry of Economic Affairs.

Representative of Delta’s review panel and Director of Delta Electronics, Dr. Jean Liu, said that by means of award competitions, it not only strengthened Delta’s image in the startup ecosystem, but also laid a good foundation for future collaboration. The OneWatt Solutions team will come to Taiwan again in July this year to visit Delta and discuss the opportunities for future cooperation. We look forward to creation of new business opportunities by the two sides in the field of smart manufacturing and AI.