BANGKOK, THAILAND – Media OutReach – November 28, 2018 – Global technology-solutions provider Arrow Electronics today hosted an internet of things (IoT) technology seminar with a wide range of IoT and sensing technology solutions on display at the exhibition in Bangkok, Thailand. The event provided a platform for local startups and enterprises to acquire the latest IoT technology know-how and to exchange insights on how to implement the latest IoT technology and foster smart city development.
According to a survey conducted by Asia IoT Business Platform in 2017, companies in Thailand were most likely (89%) to explore and/or implement IoT solutions. This was followed by Malaysia (86%), Indonesia (83%), the Philippines (80%) and Vietnam (79%). Thailand’s IoT spending is forecast to increase by 1600% by 2020.
“Thailand is one of the fastest growing markets in ASEAN and the government’s ambition is to develop the country, by advancing infrastructure and connectivity. There is significant potential for businesses in Thailand to provide technological support and facilitate that growth,” said Mr. Pornchai Pruksaratananon, a committee member of the Thai Embedded Systems Association, in a welcome speech at the seminar. “This seminar provides insights and guidance for industry experts to explore how best to utilize IoT technology to improve our business ecosystem.”
“We are excited to be collaborating with 10 global technology suppliers to develop intelligent and IoT-enabled devices and to help IoT practitioners overcome their time-to-market challenges,” said Mr. Natarajan MM, vice president of sales, South Asia for Arrow’s Asia-Pacific components business. “Together with our world-class capabilities, this alliance will further accelerate the implementation of IoT technology in the physical environment and drive improvements in local business practices in Thailand.”
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28 November 2018