Asia-Pacific Broadcasting (APB) October 2017 Volume 34, Issue 8 | Page 10

10 NEWS & VIEWS October 2017 Astro embraces changes in IoT world First of all, can you share with us your vision for the future of TV — how will consumers’ consumption habits continue to evolve, and how is Astro preparing itself to face future challenges? Phuah Aik Chong: In the age of the fourth industrial revolution, we are seeing business models and skill sets being challenged by digital disruption. Technology, demographic and socio-economic trends are affecting business models and consumer behaviours globally with revolutionary pace. Mobile Internet and cloud technology, as well as processing pow- er and big data, have hastened the growth of a sharing economy. This results in crowd If computerisation can be described as the third industrial revolution, then perhaps the Internet of Things (IoT) is heralding the fourth industrial revolution. IoT basically links consumer lifestyles onto digital applications across smart devices. For the media industry, it represents an opportunity for media companies to understand and engage their audiences in the digital space. APB prompts Phuah Aik Chong, CTO of Astro, for more details. sourcing, and changes the nature of work and skill sets needed to support it. Coming into 2017, Astro recognises that our operating environment is undergoing rapid dis- ruption, and we must proactively shape the world we operate in. The competitive landscape in the local Internet and media spaces is now more challenging due to the entrance of glob- al digital challengers, who have lower bar- riers to entry. Astro, and other local media players, now effec- tively compete in a landscape of global competition. As an organi- sation, we must be resolute in address- ing the challenges of this new digital age. That means we must be bold in the face of global competition, or risk rendering ourselves irrelevant and obso- lete. Our approach is to first identify our strengths that can be consolidated and built upon, and more importantly, our weaknesses that we need to address in a revolutionary way. We are doing this via our three strategic imperatives of digitising our business, acquiring scale in an increasingly global marketplace via digital startups, and deepening our verticals, which comprise differen- tiated content, as well as products and services that our customers want and are willing to pay for. Technology never remains static, and has been advanc- ing at an unprecedented pace. Broadcast has gone through a series of transformations — with satellite, cable and over-the-top (OTT) — that have irrevocably altered consumers’ viewing habits, accelerated the shift from linear to on-demand consumption, and driven lay-back to lean-forward consumption behaviour. Also, the growth of broadband and smart device penetration will continue to spur the change in consump- tion behaviour. I believe cloud and data analy­ tics will continue to be important in enabling an organisation like us to continue to innovate, and deliver best-in-class experiences to our customers. We are also invest- ing time and resources in artificial intelligence (AI), as we believe it will be key in enhancing customer experience, as well as improving operational efficiency. Can you elaborate on why Astro is utilising AI to enhance the cus- tomer experience? Particularly, ❝ As an organisation, we must be resolute in addressing the challenges of this new digital age. That means we must be bold in the face of global competition, or risk rendering ourselves irrelevant and obsolete.❞ — Phuah Aik Chong, CTO, Astro how can AI be beneficial for an established broadcast company such as Astro? Phuah: Machine learning and AI will further accelerate Astro’s capability to leverage data to gain actionable insights and competi- tive advantages. We will continue to invest in analytics, and gather data from our various digital prod- ucts and services. On top of the traditional data warehouse, we have recently built a Data Lake in the cloud. The Data Lake will enable Astro to capture vast amounts of data to support personalisation, providing person- alised recommendation, and the enhancement of overall customer experience. The data we have gath- ered will help us to further refine our understanding of our customer base across both households and individuals while supporting our quest to provide tailored services at an individual level. For instance, we have enabled personalised content recommen- dation across our video-on-de- mand (VoD) service on connected set-top boxes (STBs), and OTT video streaming services such as Astro GO and NJOI Now. Similarly, personalised product recommen- dation is available on our Go Shop e-commerce site. We are accelerating the pace of building AI-driven, intuitive experiences for our customers while optimising internal efficien- cies