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DEPA aims to create innovation hub (The Nation)

The Digital Economy Promotion Agency (DEPA) aims to drive innovative and technology trends to support the Thailand 4.0 vision. The agency has also joined hand with international business partners to set up a digital innovaฌtion centre in Thailand.

DEPA senior executive vice presฌident Passakorn Prathombuts said the agency aims to build up Thailand as a hub of new innovation and technologies for artificial reality (AR), virtual reality (VR), robotics and mechatronics to support the Thailand 4.0 scheme, Digital Park Thailand and IOT Institute so that the country can develop its digital workforce to cater to the needs of the market. It will also develop the digital workforce to support five new scurve business sectors in the country: robotics, aviation and logistics, biofuels and biochemical, digital and medical hub.

The agency has invited international innovation and technology agencies to invest and set up their laboratories in Thailand.

The agency will work together with Unity Technologies Singapore to set up the Centre of Digital Innovation Growth in AR/VR/XR in order to develop immersive technology (IMT) and develop digital human resources for IMT in the country. 

The centre will officially open in the second half of this year.

The threeyear collaboration will help develop the digital human workforce in various areas such as  2D, 3D and virtual reality to support gaming, automotive, movie and the architecture sectors.

He said the agency would supฌport and promote startups with co-investment so that the startups are able to smoothly run their business and develop their new products and services to support the market demand.

“DEPA will try to support and promote digital literacy to leverage the digital skills of the Thai digital workforce so that they can smoothly transfer and transition from traditional to digital in the near future. The focus in particular will be on the combination of digital content from real work and artificial or IMT, which have high potential demand in the market. It will transform research from laboratory to reality,” said Passakorn.

Joyce Law, the head of Business Development of Unity Technologies, Singapore, said the firm plans to set up a branch office in Thailand in the near future. 

The firm will provide and transfer knowledge from other countries to local human resource in order to leverage new technologies and innovation with Thai people, starting from students to the workforce. It will provide outsourcing opportunities for Thailand as Thais are creative and have the imagination to develop digital content and digital services.

However, IDC reported that the spending of Asia/Pacific excluding Japan (APEJ) on augmented reality and virtual reality (AR/VR) will reach US$7.1 billion in 2019, an increase of 75.2 per cent from the previous year.

IDC expects the spending of consumers and enterprise/commercial segments spending on AR/VR products and services to grow at a fiveyear compounded annual growth rate (CAGR) of 70.7 per cent over the forecast period (201722).

To read the rest of the article, please use this link: http://www.nationmultimedia.com/detail/business/30368491


By The Nation | May 3rd, 2019

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