Thailand Branch of Japanese Firm to Launch Innovation Lab

May 13, 2019

The Thailand branch of a Japanese systems integration and communications company is looking to launch an innovation lab for the purposes of trialing and developing new Industry 4.0 technologies including blockchain, artificial intelligence (AI), and Internet of Things (IoT) in order to accelerate the pace of digitization in line with the Thailand 4.0 economic model.

According to an OpenGov Asia report, investment in the innovation lab follows a 500-million-baht outlay for additional data center space at Amata Industrial Estate to meet rising demand in the government’s the Eastern Economic Corridor (EEC) initiative.

The president of the firm noted that despite ongoing political uncertainty, technology investment will continue and the company will maintain its commitment to the Thai market.

By the second quarter of 2019, the company will open its first and largest innovation lab in the ASEAN region, located at its Bangkok 2 Data Center in Amata Industrial Estate.

In addition to providing developer space for trialing disruptive technologies, the lab will serve as preventive maintenance for small factories.

The firm plans to expand its business in July 2019 to meet the needs of service operators, financial institutions, and online games and businesses. The company further provides connectivity and managed services, allowing enterprises to connect their private clouds with the other cloud services of both U.S. and Chinese operators.

There has been rising demand for multi-cloud management providers as well as a growing trend for outsourcing managed security services, due to greater concern over cybersecurity risks.

The company has reportedly taken a wait-and-see approach toward new laws, as it targets 30% growth over the three years going into 2021.

Source: opengovasia.com

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