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- OR with Marriott expanding the network of EV Station PluZOR joins hands with Marriott International, expanding the network of EV Station PluZ to facilitate electric vehicle charging at 30 hotels and resorts across Thailand
OR joins hands with Marriott International, expanding the network of EV Station PluZ to facilitate electric vehicle charging at 30 hotels and resorts across Thailand
Panupan Subjarassang, Vice President, Service Station Engineering and Director of the EV Station PluZ project, together with Peravej Na Ranong, Head of EV Network Station, Government and Commercial Marketing Development Division Manager and Head of EV network station, PTT Oil and Retail Business Public Company Limited (OR), and Jakob Helgen, Vice President -Thailand, Vietnam, Cambodia & Myanmar, Marriott International with Saravanaraj Swamidassan, Area Director of Engineering – Thailand, Vietnam, Cambodia, Myanmar, Singapore & Maldives Marriott International attended a contract signing ceremony for the erection of EV Station PluZ within Marriott affiliated hotels and resorts, totaling 30 stations across Thailand. This synergy led to an expansion of the EV charging network, which was expected to be gradually rolled out and completed within the second quarter of 2023.
Panupan said that OR has been committed to promoting the widespread use of electricity for domestic travel and transportation and becoming ahead of the game in the EV ecosystem. It aims at responding to the preferences of customers and those of the business segment, regardless of energy type they need for traveling, to accomplish seamless energy transition in alignment with the Seamless Mobility mission.
The collaboration with Marriott International, as the leader of Thailand’s hospitality business, to install EV Station PluZ within 30 affiliated hotels and resorts will thus ensure convenience for EV-using customers and allow them to enjoy easier access to EV Station PluZ than ever before. On top of that, it also resonates with lifestyles of consumers that shift to electric vehicles and those who better recognize the significance of clean energy.
There will also be a mobile application ‘EV Station PluZ,’ which offers ease of use, whether in terms of booking, making payment, or reviewing a booking history. The application can update the status of each charging station to make sure users can effectively manage their check-in for a charge.
In addition to aligning with OR’s Seamless Mobility – a mission to strengthen the integrated energy business to achieve smooth transportation and fulfill the needs of travelers, this time collaboration is also another big step of OR to becoming a leader in the EV ecosystem in the future. All in all, it is in line with one of OR’s goals to create a healthy environment by comprehensively reducing greenhouse gas emissions throughout its business operations while increasing the proportion of clean energy usage through promoting electric vehicle adoption.
Jakob Helgen added that from here we play an important role to modernize Thailand’s transportation structure. We have integrated sustainability concepts in every facet of our operations and this project is to expand the mission of shaping a more eco-friendly society. EV Station PluZ, which will be installed at up to 30 Marriott hotels and resorts across Thailand, will cater convenience to our customers and also encourage electric car adoption. It is a win-win mission for all involved.24 June 2022Sustainabilityhttps://www.thestorythailand.com/?p=68424
- K PLUS users can now make payments via scanning UnionPay QR Code at more than 40 countries/regionsKBank has partnered with UnionPay International (UPI), a leading payment services provider, to offer K PLUS users greater convenience in making QR cross-border payments at more than 30 million merchants in more than 40 countries/regions worldwide.
KASIKORNBANK (KBank) is making greater inroads into the international travel market after many countries have reopened their borders to tourists. To this end, KBank has partnered with UnionPay International (UPI), a leading payment services provider, to offer K PLUS users greater convenience in making QR cross-border payments at more than 30 million merchants in more than 40 countries/regions worldwide. Aside from the ease of not having to carry cash when travelling, K PLUS users making QR cross-border payments will enjoy the reasonable forex rate, with no service fees or minimum spending amount required, while they can also spend up to 100,000 Baht per day.
Dr. Pipatpong Poshyanonda, KBank President, said that customers have become more familiar with cashless and contactless payment. The number of QR Code payment transactions via K PLUS has grown at a leaping pace in recent years. In March 2022, such transactions in Thailand totaled more than 38 million, a 9.7-fold increase over the figure reported before the emergence of COVID-19 in March 2020.
KBank’s cooperation with UnionPay – the world’s leading payment services provider – has played an important role in the Bank’s strategy to enhance the potential of K PLUS with respect to cross-border payment services, which are responsive to flourishing tourism activities worldwide as more countries have opened their borders to visitors. The launch of QR cross-border payment on K PLUS via UnionPay will offer more convenience and security for the 18 million users of K PLUS who will no longer have to carry or exchange cash during their trips. Pay points are available at more than 30 million merchants in more than 40 countries/regions worldwide that are favored tourism destinations, for example, the US, the UK, China, South Korea, Singapore, Japan and Malaysia. For customers without credit cards or debit cards, this feature will provide them a new payment option.
Huiming Cai, General Manager, UnionPay International Southeast Asia said “K PLUS is the number one Mobile Banking in Thailand, used by over 18 million in the kingdom. We couldn’t be more pleased that the users of K PLUS can now make UnionPay QR Code payment in more than 40 markets outside Thailand and around the world. The timing of this launch is perfect, when borders are opening up and when Thai people are starting to travel again, especially to their favorite destinations like Japan, Singapore, South Korea, The UK, and The USA, just naming a few. When traveling in these markets and more, K PLUS users can simply use their Mobile Banking to scan UnionPay QR Code at merchant payment terminals, leaving behind clunky foreign currency notes and coins. I am also heartened that our launch today represents a deepening of relationship with KBank, our long standing partner in Thailand, who already issues a wide range of UnionPay Debit and Credit cards. I am sure today’s launch marks the beginning of more collaboration with KBank to come, to meet the changing payment needs of Thai people and businesses.”
QR cross-border payment via K PLUS is easy, convenient and secure, with no fees or minimum amount required, while the maximum spending amount is 100,000 Baht per day. Simply follow these payment methods:
22 June 2022Businesshttps://www.thestorythailand.com/?p=68163
- Use K PLUS to scan QR Code at merchants displaying the UnionPay QR or Yun Shan Fu sign, enter the amount in the country’s currency, then verify and confirm payment; or
- Open QR Code on K PLUS for merchants to scan by selecting “QR to Pay” and “Country”, verify amount and exchange rate, then confirm payment.
- KASIKORN X launches ‘Bigfin’ to track and analyze digital asset investment portfolios for retail investors worldwideKASIKORN X (KX), a subsidiary of KASIKORNBANK and KBTG, launches Bigfin, a digital asset investment analysis platform, enhancing efficiency in portfolio management for retail investors worldwide.
KASIKORN X (KX), a subsidiary of KASIKORNBANK and KBTG, launches Bigfin, a digital asset investment analysis platform, enhancing efficiency in portfolio management for retail investors worldwide. The company aims to reach 200,000 users within 2023.
Paul Arriyavat, Venture Director of KASIKORN X Co., Ltd., said the digital asset market is very volatile. For example, Bitcoin lost more than 70% of its value from its peak in November 2021 at 67,500 USD to 20,000 USD in June 2022. Investing in digital assets requires active portfolio tracking to manage risks and returns. However, existing tools in the market could not provide retail investors with meaningful data to solve their pain points. Examples of challenges are low awareness of investment costs, could not address significant changes in a portfolio in time, and cannot analyze the profits and losses of the portfolio or each asset. These pain points make investing in digital assets very opaque and frustrating for most people, and KX wants to provide a meaningful tool for investors worldwide.
KX launches Bigfin as a platform that helps global retail investors to monitor their digital asset portfolios by providing meaningful data and alerts. Bigfin aims to replace manual processes and tools to save time and effort. By visiting the website https://bigfin.finance and entering their wallet address, Bigfin will analyze investors’ portfolio and provide information that matters in seconds. Key highlights of Bigfin at launch are:
- Running Balance shows the user’s profit and loss at the portfolio level or for each asset.
- Transaction History shows easy-to-understand transaction history by category, asset transactions, and transaction fees in a clear and straightforward format.
- Manual Cost Basis Entry allows users to add their investment cost for better profit and loss calculation.
Bigfin currently supports the top 1,000 digital assets by market capitalization on the Ethereum blockchain, and is working to add more digital assets across other blockchains and centralized exchanges to support the global retail investors. KX aims to reach 200,000 users within 2023. Learn more about the feature roadmap and join the Bigfin community at https://bigfin-finance.gitbook.io/20 June 2022Businesshttps://www.thestorythailand.com/?p=67939
- ‘DESTINY TOKEN’ is sold-out.Kubix has sold out of its ‘DESTINY TOKEN’ – Thailand’s first project-based digital token, with a total of 16,087 tokens subscribed at a value of more than 265 million Baht (7.5 million USD).
Kubix has sold out of its ‘DESTINY TOKEN’ – Thailand’s first project-based digital token, with a total of 16,087 tokens subscribed at a value of more than 265 million Baht (7.5 million USD).
The closing of sales came ahead of schedule, marking an outstanding initial success of digital tokens in the sphere where investment and Thai’s lifestyles converge. Kubix will continue to team with its partners tounveil new digital tokens within this year to offer additional investment options to Thais.
Apinya Ruangthaveekoon, Managing Director of Kubix Digital Asset, a company under KASIKORNBANK Financial Conglomerate, said that the offering of ‘DESTINY TOKEN’ – digital tokens for investment in the production of ‘Love Destiny the Movie’ via Kubix application, in a collaborative effort with GDH 559 Co., Ltd. (GDH) and Broadcast Thai Television Co., Ltd. (BTV), has received overwhelming response from investors.
As a result, Kubix was able to close its sales ahead of schedule, with the total number of 16,087 tokens subscribed, valued at more than 265 million Baht. The allocation results will be announced on June 23, 2022, and they will gradually be delivered to all investors. Subscribers can view the allocation results on the Kubix application.
The success in the sale of Thailand’s first-of-its-kind digital token in the project-based token format represents an important milestone for Kubix and the Thai digital token industry.
This is a new investment format that offers returns beyond cash by blending lifestyles and preferences of investors in the design of returns so that they can get cash from their investment while also enjoying an exclusive experience.
In the issuer’s view, Kubix can help companies interested in mobilizing funds to have more options and meet a more diverse range of business needs than ever before.
Also, Kubix is confident that the digital tokens can provide accessible investments which meet the financial and lifestyle needs of investors under the concept of “Invest, Earn, Experience”.
‘DESTINY TOKEN’ is the first digital token launched by Kubix in cooperation with GDH and BTV to offer joy and unique investment experiences to all investors.
In addition to the ‘DESTINY TOKEN’, this year Kubix aims to collaborate with other business partners in various industries to offer more unique investment opportunities serving the financial goals and lifestyles of all Thais nationwide.
More information about the next digital token from Kubix will be available at the Kubix Facebook page or www.kubix.co.17 June 2022Businesshttps://www.thestorythailand.com/?p=67774
- AIS urges end to name-calling to mark Stop Cyberbullying DayThailand’s leading mobile network operator Advanced Info Service (AIS) is campaigning against name-calling on social media, as part of the “Stop Cyberbullying Day” this year.
Thailand’s leading mobile network operator Advanced Info Service (AIS) is campaigning against name-calling on social media, as part of the “Stop Cyberbullying Day” this year.
The company calls on Thai netizens to unite against cyberbullying, particularly the behaviour of directing insulting or demeaning labels at individuals or groups of people.
People should be addressed by their actual names, and not their physical appearance, gender identity or occupation, says Saichon Submakudom, head of public relations at AIS.
“By calling people something else that is not their name, you are hurting their feelings and the pain may stay for the rest of their lives,” Saichon said.
She said people who do name-calling may not view it as a serious problem, but people who are called by those names do not think it’s fun or admirable.
According to her, AIS has launched the “Please Call Me by My Name” campaign to mark Stop Cyberbullying Day, which is celebrated on the third Friday of June and falls on June 17 this year.
AIS Aunjai Cyber, the digital-life service provider’s arm dealing with cyber wellness, has been actively preventing cyber threats through digital tools, according to Saichon.
It has raised public awareness of all forms of cyber threats, particularly cyberbullying that may be overlooked by many people. In fact, online bullying could pose a serious social issue as the embarrassed victims may develop severe mental problems caused by depression or anxiety disorder.
“It may start with teasing or ridiculing, and a variety of persecution could follow. Those could eventually lead to violent communication through the keyboard. Things may worsen and develop into a conflict and hatred,” Saichon said.
AIS Aunjai Cyber, which encourages safe and creative online skills among Thai netizens, has placed much importance on tackling the issue of cyberbullying, according to her. She added that cyberbullying has become a social issue these days when people spend their lives online for several hours per day.
“We aim to mark this year’s Stop Cyberbullying Day by urging Thais to use the Internet and social media properly, safely and creatively,” said the AIS’s PR chief.
Also, she urged Thai netizens to be aware of all forms of online bullying and help stop the name-calling.
“We should make cyberspace a safe zone for all,” Saichon concludes.17 June 2022Technologyhttps://www.thestorythailand.com/?p=67805
- AIS app helps public health authorities fight dengue feverDengue fever, a mosquito-borne tropical disease caused by the dengue virus, seems familiar to many of us. But there is no specific medicine to treat dengue infection, and the available vaccines have a low efficacy rate.
Dengue fever, a mosquito-borne tropical disease caused by the dengue virus, seems familiar to many of us. But there is no specific medicine to treat dengue infection, and the available vaccines have a low efficacy rate.
So, the best way to prevent the disease is to get rid of the breeding grounds of common house mosquitoes, which are the carrier.
The Department of Disease Control (DDC) has conducted nationwide surveys on the mosquito’s larvae with the help of village health volunteers (known by their Thai abbreviation as Aor Sor Mor). During their household visits, the volunteers looked for the mosquito’s larvae and got rid of their breeding grounds.
Over the past three years, more than 280,000 village health volunteers across the country use the Aor Sor Mor Online mobile application in gathering information during their surveys of mosquito larvae. This way, it is more efficient than jotting down on paper.
The surveys on the mosquito’s breeding grounds have helped authorities quickly determine an outbreak and obtain the big picture about the dengue fever situation.
Dr. Chantana Padungtod, director of the DDC’s Division of Vector-Borne Diseases, says that her agency has been able to efficiently manage dengue fever outbreaks over the recent years because village health volunteers use the Aor Sor Mor Online app as their tool in the data gathering.
Previously, the volunteers each took care of 10-15 households, and they had to jot down information before putting it in the system. However, over the past three years, they have been able to gather data on the mosquito’s larvae with the app.
As a result, data from more than 280,000 volunteers who regularly use the app are flowing into the system in real time, particularly involving the houses and containers where mosquito larvae were found.
The information obtained has proved helpful for the effective control of dengue fever.
“In the past, when information was collected in a paper form, there were inaccuracies. But the Aor Sor Mor Online app has allowed more flexibility for the village health volunteers. The data they collect is sent to sub-district health promoting hospitals for analysis and follow-up in case of an outbreak,” Dr Chantana said.
The DDC relies on the data and the reports of new cases in predicting a possible outbreak of dengue fever. Areas are zoned by the level of dengue risks — high, medium, and low. The risk factors are then determined so that the local authorities and residents of a high-risk area are warned if they need to prepare for an outbreak.
“Aor Sor Mor Online app helps the Division of Vector-Borne Diseases to determine the number of mosquito larvae and the location of their breeding grounds, in real time,” said Dr Chantana.
She says her department plans to use the data collected through the app, along with information from the Meteorological Department regarding rainfalls and humidity, to help boost the accuracy of its analysis in locating areas with high risks of dengue fever.
Meanwhile, Saichon Submakudom, head of public relations at Advanced Info Service PLC (AIS), says the Aor Sor Mor Online app was designed by an AIS team as an “important platform” that connects the village health volunteers with Thailand’s healthcare system.
She said that with the app, village health volunteers can relay health information and services to people while collecting people’s information for the healthcare system.
The Aor Sor Mor Online app has various features for public health purposes. The feature of surveying mosquito larvae was created in response to a request by the Division of Vector-Borne Diseases aimed at raising the efficiency of data collection for curbing dengue fever.
About half of the 1 million village health volunteers across Thailand use the Aor Sor Mor Online app regularly. Among the 500,000 regular users, more than 280,000 employ the feature of surveying mosquito larvae every month.
A team of five to six AIS developers work on the improvements of the Aor Sor Mor Online app. Also, AIS employees all over the country volunteer in introducing new features of the app to village health volunteers.
The feature of surveying mosquito larvae was included in the app in 2019. Over the past three years, village health volunteers have surveyed mosquito larvae more than 100 million times covering over 5 million households.
The massive data obtained during the surveys, used in preventing dengue fever outbreaks, have been credited for the constant decline in new patients.
“Villagers are advised on improving the environment of their houses, which leads to better sanitation in communities,” Saichon said.
She added that the ecosystem that consists of village health volunteers, sub-district health officials, community hospital doctors, and AIS are helping to save Thai people from the threat of dengue fever.
Dengue fever is a health problem for not only Thailand but also other member countries of the Association of Southeast Asian Nations (ASEAN), as the region is located in the tropical zone.
On June 15 every year, the grouping’s 10 member states mark ASEAN Dengue Day to jointly campaign for the disease’s prevention.
In Thailand alone, dengue fever has posed a severe health threat for over seven decades.
A total of 3,386 patients have been reported between January 1 and June 8, 2022. That is a decline of 21 per cent when compared to the same period in 2021. Outbreaks of dengue fever often occur in the rainy season, starting in May.16 June 2022Lifehttps://www.thestorythailand.com/?p=67557
- dtac 5G to Revitalize Thai Economy & Transform Industry Sectordtac is steadily introducing new 5G IoT technologies and 5G Private Network to support Thailand’s economic recuperation.
dtac is steadily introducing new 5G IoT technologies and 5G Private Network to support Thailand’s economic recuperation. In particular, the Company’s goal is to facilitate the digital transformation of the industrial sector by promoting Smart Factories, Smart Logistics, and Smart Utilities. Stakeholders in the manufacturing industry and other large enterprises are invited to discover the latest 5G trends at the Thailand 5G Summit 2022, organized by the Digital Economy Promotion Agency (DEPA). The event will be held 16-17 June 2022 on the 22nd floor of the Centara Grand & Bangkok Convention Center, Central World, Bangkok.
Sadat Ibne Zaman, Chief Business Officer, Total Access Communication PLC or dtac, said, “Investing in 5G is key to the revitalization of the industrial sector, and it is essential today to transform digitally to support business recuperation. As an enabler of digitalization for the industrial and corporate sectors in Thailand, dtac believes that 5G is essential to unlocking Thailand’s full potential during this period of economic and tourism recuperation.”
According to a report from The Office of Industrial Economics (OIE), the Manufacturing Production Index (MPI) of April 2022 is up by 0.6 percent year-on-year which can be explained by the alleviation of the COVID-19 situation. Another contributor to the improved MPI is the automotive sector with a 12.82% rise related to domestic and export market growths. In addition, rising domestic agricultural produce prices and increased orders from overseas have also contributed to industrial economic growth thanks to ever larger exports and a reviving domestic market now that the borders are fully open to overseas visitors.
At the Thailand 5G Summit 2022 this week, dtac business will launch 5G IoT solutions for 3 core markets:
- Smart Factory Solutions: These will digitally transform factories and traditional or analog manufacturing processes with big data support. dtac solution developers can assess existing systems and develop digitalization plans with IoT capabilities to collect, analyze and monitor data in real-time and remotely improve efficiency, reduce operating costs, and conform with future digital platforms.
- Smart Logistics Solutions: These will transform warehousing and transporation, with IoT and smart sensors providing precise real-time monitoring of goods as they are transported, enabling businesses to track progress and improve security. Relevant data such as humidity and temperature can also be remotely monitored in real-time to ensure the quality of perishable goods.
- Smart Utilities Solutions: These will offer efficient, timely 5G-based processes for both water and energy management. Smart Water Management can remotely measure pH and chemical residue levels in wastewater as well as the water level in the wastewater pond in an industrial estate. The Smart Water Meter Reader enables online readings input and processing. For industries and factories, 5G Smart Energy Management enables significantly more efficient and reliable energy management, especially when used in conjunction with Smart Main Distribution Board (MDB). This can also prevent, mitigate and minimize power disruptions such as power brownouts, blackouts, surges, or overloads.
Furthermore, dtac business has introduced the 5G Private Network, an advanced security network for corporate clients to confidently step up into the digital era. The 5G Private Network features edge computing with flexible scalability to suit all corporate requirements and take advantage of technologies such as Massive IoT, Artificial Intelligence (AI), Machine Learning (ML), Augmented Reality (AR), Virtual Reality (VR), and real-time data processing.
dtac is committed to helping revitalize industries sustainably through the use of 5G technologies, as well as optimizing ecosystem collaboration among government, businesses, and suppliers. dtac is ready to offer our advanced communication technologies, experiences, and expertise to move Thailand forward into the sustainable 5G era.15 June 2022Technologyhttps://www.thestorythailand.com/?p=67475
- SCB 10X Portfolio Companies Merge to Become the Central Intelligence Tool for All Web3 AppsSCB 10X, the venture investment arm of SCBX Group, announced Nansen’s (onchain analytics tool for Web 3.0) acquisition of Ape Board, the leading cross-chain DeFi and NFT portfolio management tool
SCB 10X, the venture investment arm of SCBX Group, announced Nansen’s (onchain analytics tool for Web 3.0) acquisition of Ape Board, the leading cross-chain DeFi and NFT portfolio management tool, to become the central intelligence tool for all Web3 applications and participants.
As a part of SCB 10X’s “Moonshot Mission”, which aims to create long-term value through investing in high potential tech startups globally, SCB 10X participated in Ape Board’s seed round, as well as Nansen’s series B round. Through its investments, the group brings potential synergies among its portfolio companies to produce further opportunities in business, funding, and additional investments. With this acquisition, SCB 10X’s two portfolio companies are uniting together to take Nansen to the next level for the go-to information super-app for all of Web 3.0.
“Ape Board is one of the most powerful cross-chain DeFi and NFT portfolio trackers on the market today,” said Mukaya (Tai) Panich, Chief Venture and Investment Officer at SCB 10X. “This acquisition was a great fit as Ape Board will be able to expand on Nansen’s core offerings. The synergies between the teams were evident, Nansen will become the portal for blockchain insights and portfolio management for end-users.”
Since its launch, Ape Board has established itself as one of the top 3 portfolio trackers by web traffic volume. Currently, it lists 400+ protocols across 36 different blockchains and one exchange, including Ethereum, Binance Smart Chain, Terra, Avalanche, Solana, Polygon, Fantom, Cosmos Ecosystem, and many more.
Through this acquisition, Ape Board joins Nansen’s 120-strong global team with industry-leading analysts, product managers, and engineers allowing the blockchain data analytics platforms to deliver a more holistic view of the investment landscape to its customers. Ape Board will serve as the catalyst for the launch of a number of new features that will expand the platform to include portfolio tracking, programmatic access to on-chain data, web3-native communication, and more.14 June 2022Startuphttps://www.thestorythailand.com/?p=67425
- NCS Telco+ and AIS partner to co-create digital telco and drive transformation for enterprises in ThailandNCS Telco+ today signed a memorandum of understanding (MOU) announcing its partnership with Advanced Info Service (AIS)
NCS Telco+ today signed a memorandum of understanding (MOU) announcing its partnership with Advanced Info Service (AIS), Thailand’s leading provider of mobile services and mobile network operator, to address the digital transformation needs of AIS and other enterprises in the country.
Inked at CommunicAsia 2022 today, the MOU formalises NCS’ support for the digitalisation journey of AIS and the pursuit of joint projects in 5G and IoT transformation, cloud and cybersecurity, enabling enterprises in Thailand to benefit from the combined strengths of AIS’ market leadership and the digital services capabilities of NCS.
Telco+, a strategic business group within NCS, is a joint initiative between Singtel and NCS to help telecom companies transform digitally. NCS Telco+ empowers communication service providers in their digitalisation journey by transforming business operations, capturing value from data, and driving applications of 5G.
At CommunicAsia 2022, NCS Telco+ showcased its key services that enable telcos to reduce tech costs and complexity; accelerate the time to market new products; and create new revenue streams. NCS Telco+ services are available to NCS’ clients and partners in Southeast Asia, North Asia and the Middle East.
Sami Luukkonen, Managing Partner of NCS Telco+ said, “We are committed to supporting the digital transformation needs of telcos with NCS Telco+. Our partnership with AIS marks our entry into the Thai market and an opportunity to bring our domain knowledge and expertise in designing and implementing 5G and IoT solutions, enterprise cloud services platforms and automation services to AIS and its enterprise customers. NCS Telco+ will help improve their operational efficiencies by leveraging data-driven insights, and deliver enhanced customer experiences.”
Tanapong Ittisakulchai, AIS Chief Enterprise Business Officer said, “This partnership is mutually beneficial as it taps on the combined expertise and experience of NCS and AIS to offer capabilities like artificial intelligence (AI) and machine learning (ML), cloud transformation and cybersecurity both for enterprises in Thailand, as well as our own digital transformation needs. Together, we look forward to co-create the digital telco of the future, build on our joint ideas and assets, and leverage the efficiencies across the Singtel Group of telcos.”
The NCS Telco+ partnership with AIS was announced against the backdrop of accelerated digitalisation across multiple industries, as enterprises and employees navigated safe management measures during the COVID-19 pandemic.
As a digital telco, AIS’ customers will experience a marked improvement in the speed and accuracy of key processes including, the onboarding for new customers, ensuring seamless operations and issue resolution, as well as offering greater convenience with broader self-service options. The partnership will enhance AIS’ employee competencies via talent development and training programmes, and drive AIS’ internal capabilities as a cognitive telco.
Gartner® expects that end user spending on IT services in Thailand will grow at a CAGR of 12.1% from 2021 to 2026, reaching US$4.3 billion in 20261. In 2021, Thailand’s National Broadcasting and Telecommunications Commission (NBTC) announced its intention to boost the country’s telecommunications infrastructure and deploy 5G technology to create an ecosystem that links government agencies and private sectors to support this economic evolution, as part of Thailand 4.0, a national digital transformation initiative.13 June 2022Technologyhttps://www.thestorythailand.com/?p=67322
- Robinhood with Google Cloud and MFEC to Build Thailand’s First ‘Super App’Robinhood, the Bangkok-based food delivery today announced a multi-year strategic alliance with Google Cloud and MFEC Public Company Limited (“MFEC”) to advance its mission of building a homegrown “super app”
Robinhood, the Bangkok-based food delivery today announced a multi-year strategic alliance with Google Cloud and MFEC Public Company Limited (“MFEC”) to advance its mission of building a homegrown “super app” that delivers inclusive growth opportunities to small business owners, delivery riders, and diverse users in metro and non-metro areas.
Robinhood, which adopts a zero-commissions stance to give small businesses and riders a larger share of earnings, was launched to alleviate the financial hardships faced by local food and beverage operators during the height of the pandemic and support the local tourism sector’s economic recovery. The companies will join forces to strengthen Robinhood’s culture of innovation, modernize its IT infrastructure, elevate user experiences using data-driven intelligence, and co-create new digital services.
Robinhood, which adopts a zero-commissions stance to give small business owners and riders a larger share of earnings, was launched to alleviate the financial hardships faced by local food and beverage operators during the height of the pandemic and support the domestic tourism sector’s economic recovery. The three organizations will join forces to strengthen Robinhood’s culture of innovation, modernize its IT infrastructure, elevate user experiences using data-driven intelligence, and co-create new digital services.
“Robinhood’s differentiated business model enables us to generate revenue from other independent services, such as providing loans to individuals in our ecosystem, instead of charging smaller restaurants and hoteliers platform fees that erode their earnings,” said Thana Thienachariya, Chairman of the Board, Purple Ventures Co., Ltd. (Robinhood). “With a fleet of 30,000 riders supporting 225,000 eateries, and 16,000 hotels already listed on our platform, Robinhood has become the food and travel application of choice for 2.8 million users. Together with Google Cloud and MFEC, we hope to build on the very warm response to our platform in the past 20 months and supercharge our expansion into tour, car rental, and flight bookings, and grocery and express parcel delivery services. This super app vision is an extension of our steadfast commitment toward assisting smaller players and revitalizing the grassroots economy.”
“Robinhood has always been a cloud-native platform, but as we started to see an exponential increase in demand for our services, it became clear that more performant infrastructure was needed to help us grow in a cost efficient and sustainable way,” said Srihanath Lamsam, CEO, Purple Ventures Co., Ltd. (Robinhood). “We chose Google for its superior data cloud infrastructure – one that runs with net zero operational emissions, and its rich experience in mapping the world and building open platforms and ecosystems. These capabilities, along with MFEC’s technical consulting and implementation expertise, will amplify our ability to create value for society, while contributing toward our sustainability commitments.”
The strategic alliance will encompass five core pillars:
- Cultivating skilled talent and a culture of innovation: To foster an agile culture across Robinhood’s business units and accelerate product innovation, Robinhood, Google Cloud, and MFEC will establish a Cloud Center of Excellence (CCoE) consisting of cloud architecture, data management, and application modernization specialists. Robinhood staff will be the beneficiaries of the CCoE’s dedicated upskilling and certification programs – which incorporate the same curriculum that Google uses to train its own technologists, so these employees can be equipped to handle large-scale cloud deployments and apply artificial intelligence (AI) and machine learning (ML) to solve high impact business challenges.
- Enhancing the quality of digital services: By migrating its systems onto Google Cloud’s open, secure, scalable, and carbon neutral infrastructure, Robinhood can more effectively serve its ecosystem and reduce its IT workloads’ carbon footprint. The CCoE will then tap microservices and extended Google Play Store support to ensure Robinhood’s customer and rider applications remain robust, reliable, and lightweight – even as new services are added and accessed by a high volume of users.
- Serving hyper-personalized user engagement: To enable Robinhood staff to stay ahead of evolving user consumption patterns and leverage granular insights for strategic decision-making, the CCoE will build and manage an intelligent data engine using Google Cloud’s leading analytics, AI, and ML technologies. The data engine will also engage Robinhood users with hyper-personalized product recommendations on behalf of small businesses, to boost these merchants’ revenue streams.
- Increasing income opportunities for riders: Robinhood will explore using Google Maps Platform’s software development kits to fast track the creation and integration of on-demand mobility features. Potential use cases include providing riders with in-app, turn-by-turn navigation after identifying the shortest or fastest routes, so they can ride safer, fulfill orders quicker, and earn more. Users of Robinhood’s delivery services will have real-time visibility of their riders’ position, route, traffic conditions, and ETA, which translates to fewer customer support requests and order cancellations.
- Making financial assistance easily accessible: Recognizing that quick access to financial services can be a significant difference maker in protecting and growing livelihoods, Robinhood will explore co-innovation initiatives with Google Cloud to embed virtual banking and microlending services into its application. This would allow small business owners to seamlessly apply for financial assistance to purchase new equipment and hire staff, or for prospective delivery riders to rent electric motorcycles.
“As a key Google Cloud partner and Thailand’s listed leading systems integrator, we take immense pride in advancing the ambitions of homegrown enterprises like Robinhood,” said Siriwat Vongjarukorn, CEO and President, MFEC Public Company Limited. “With our newly formed CCoE imparting critical cloud skills, adopting an open cloud architecture, implementing data governance best practices, and automating application deployment, Robinhood can achieve performance at scale, optimize IT costs, uphold the highest data security and privacy standards, and empower its developers to release continuous software updates – without downtime – to enrich its entire digital ecosystem.”
“Pandemic-driven shifts in consumer behavior are expected to have a lasting impact, with food and transport, e-commerce, online travel, and digital financial services the key growth verticals in a resurgent internet economy that’s set to be worth US$57 billion by 2025,” said April Srivikorn, Country Manager, Thailand, Google Cloud. “By investing in talent development and tapping the best of Google Cloud, Google Maps, and Google Play to scale sustainably, innovate at high velocity, and extend its social enterprise model into new verticals, Robinhood is well on its way toward delivering a world-class super app that meets diverse digital lifestyle needs and unlocks growth opportunities for all.”13 June 2022Businesshttps://www.thestorythailand.com/?p=67302