Thailand moves towards 5th industrial revolution - News Summed Up

Thailand moves towards 5th industrial revolution


Thailand 's Prime Minister Srettha Thavisin is eyeing foreign investment in cloud computing with a bigger goal than making Thailand a digital hub , according to Prof. Narumon Pinyosinwat, a Thai trade representative. Narumon said Srettha was planning to develop Thailand’s digital ecosystem and infrastructure to get the country ready for the 5th industrial revolution (5IR). Thailand’s 4th industrial revolution has been taking place since 2010, when the country started embracing digital economy technologies such as Internet of Things, robotics, blockchain, and biotechnology. As part of the 4IR, the Thai government at that time upgraded the Information and Communications Technology Ministry into the Digital Economy and Society Ministry, Narumon said. She said that during 5IR, the personalised economy would take the centre stage, as businesses would personalise their services for particular customers and data centres, and data analytics would be essential for a personalised economy./.


Source: Viet Nam News March 01, 2024 04:30 UTC



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