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Thailand setting up start-up ecosystem at True Digital Park

Image Credits: ETDA, Press Release

Thailand’s True Digital Park has declared its readiness to become a centre for digital innovation in Thailand – the first and largest of its kind in Southeast Asia.

The Park’s aim is to encourage ASEAN start-ups and tech unicorns to help drive the digital economy of Thailand under the concept of “One Roof, All Possibilities – One place, every possibility”.

New workspaces were unveiled and are equipped with a complete ecosystem for start-ups and the new generation of digital operators. It is hoped that the centre will help to create digital innovation.

The centre is a response to the work of the digital age; to support the start-ups and tech communities in Thailand that are ready to launch partnerships with government agencies, companies and leading global organizations to push Thailand to become the hub of Southeast Asia.

The Global Innovation Index (GII) revealed that Thailand is ready to be the centre of new regional digital technology innovation. In 2018, Thailand was ranked 44th in 2018.

The nation stood out in regards to its market progress (Market Sophistication), knowledge and technology outputs and innovation efficiency ratio. As well as the Innovation Achievers.

However, Thailand still has very few successful start-ups compared to neighbouring countries like Indonesia, Malaysia and Vietnam.

Therefore, True Digital Park is committed to creating the perfect ecosystem for start-ups and users, enabling them via more advanced systems and digital operations. Overall, this will lend strong support to the country’s potential for growth.

Moreover, the Electronic Transactions Development Agency (ETDA) aims to promote, support and develop Thai online transactions to be standard and reliable. It will also work to enabled Thai e-commerce to continue to grow both in value and volume.

In particular, the ETDA will promote and drive the creation of Digital Workforce, which will be an important force in helping the online entrepreneurs and the digital ecosystem to enable Thailand to be more competitive in business and grow sustainably.

True Digital Park will, therefore, be another area where ETDA will prepare various solutions for those interested in obtaining various advisory services related to the ETDA’s work.

The goal is to be a One-Stop Access Portal that provides service points. The main areas of work include the five issues that are the ‘soft infrastructure’ of the digital economy, namely:

  1. Online transactions e-Transactions and e-Commerce
  2. Digital ID
  3. Cybersecurity
  4. Privacy
  5. Government Services

The One Stop Access Portal of ETDA will be a Digital Workforce Centre for those interested in developing potential, creating future skills as well as learning new skills, upskilling and reskilling to support business in the digital age.

In addition, the portal will act as a virtual and digital bridge between Digital Workforce and entrepreneurs. It will enable them to exchange experiences and knowledge and will also help match solutions to entrepreneurs to further business expansion.

The True Digital Park, located near the BTS Punnawithi Station, has opened for service in the first phase.

The ETDA will begin its services shortly with offices located on the 7th floor of the Z building, in the Innovation Space area.

It is expected that the new centre will be a source of new technology and knowledge-sharing between government agencies, companies and world-class organizations.

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.

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