We are creating some awesome events for you. Kindly bear with us.

Thai Space tech start-up to develop IoT to support 5G technology

A Thai Space technology start-up is on track to developing its first Internet of Things (IoT) product that will be powered by a 5G network, according to a recent report.
The start-up’s chief executive revealed at Thailand Digital Big Bang that the company is now working on finalizing the product’s design and functionality.
The awareness of IoT is growing in Thailand, but adoption is still at the early stage. Despite this, the start-up is joining the IoT bandwagon because it is optimistic that companies and industries will realize the business value of IoT when 5G network becomes available to the company in the future.
According to the company’s leadership, the start-up is planning to develop an IoT product like smart apparel to collect historical health data to be used in medical diagnosis of the user.
It was further revealed that the company plans to carry out future product tests at IoT Institute inside of Digital Park Thailand, a technology hub which will be built on a 960,000 sqm land in Sriracha in the eastern province of Chonburi.
The IoT Institute, scheduled to be completed in 2020, will provide companies and start-ups a space to research, develop and test out IoT solutions for agriculture, manufacturing, e-health and e-commerce. The Thai government hopes that the institute will promote the tech start-up ecosystem in Thailand to support the country’s transformation into a digital economy and its vision to become an innovation hub in Southeast Asia.
By working at IoT Institute, the start-up is supporting the government in its digital transformation efforts; its leadership believes that the IoT product the start-up will develop in the future will help improve the quality of life for those in Thailand.
According to a study, Thailand’s IoT spending in 2014 was amounted to THB2 billion and is forecasted to increase to THB32 billion by 2020.
In the future, the proliferation of IoT in Thailand is expected to be among the highest in Southeast Asia due to lower initial IoT spending in the past. As IoT technology becomes more common, it’s expected that there will be a shift towards decentralized computing, and global citizens will see more automation and lesser human-computer intervention.
However, the IoT market in Thailand is not without its challenges.
Privacy is a major challenge to the adoption of IoT. With smart and connected devices embedded in business processes and tied to critical functions, leaders, innovators and creators of tech must ensure that the IoT systems that are developed are securely encrypted.
Nonetheless, the adoption of IoT is forecasted to grow in Thailand, with the majority of this spending taking place in the manufacturing and logistics sectors.
It definitely will develop on multiple fronts. Smart cities, industrial automation, and increasing number of 5G-enabled mobile devices in the future will be key factors in the growing demand for IoT, according to experts.
According to Thailand’s International Telecommunications Union, the mission is to prompt the Thai economy and society through digital transformation.
Part of the ways in which the government plans to achieve this mission is by promoting, supporting and implementing the human resource development with regard to digital industry and innovation, and by promoting and supporting other public agencies or private companies to achieve the development of digital industry and innovation (private companies like the Space tech start-up).
Thus, the Thai government will facilitate research development and innovation, thereby, expanding and promoting success models. This will then raise the standard of living of the average Thai citizen through the implementation of the various incubated tech projects.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend