Though a bit far-fetched to compete with Asian Digital Economic giants like Hong-Kong or Singapore, Thailand is showing potential to become the next Digital Infrastructure Hub in Asia. A report released earlier this year by DCD Intelligence, where the market showed much potential with a high Compound Annual Growth Rate (CAGR) to 2020 for assets (12.32%) and investment (12.11%).
The Government is coming forward to spur inward investment, which will incept a digital infrastructure journey to support a growing community of cloud users and data center operators.
Recognizing the potential of Thailand as the next digital economy, global media company and conference producer, DatacenterDynamics (DCD), will be hosting its second conference in Thailand under its umbrella of DCD “Focus” events. For its second year in Thailand, DCD will focus on the theme “Moving Towards a Digital Economy and The New Era of Cloud” to drive the industry towards the best practices and innovations required for the enablement of cloud adoption and the digital economy.
Apart from the government’s effort, active support for the industry can be seen through the many strong local players, such as TCC Technology and True Internet, who provide data center and cloud services to meet the growing demand of the market. Complimented with tax incentives through the Board of Investment of Thailand (BOI), the region has also seen a rise in foreign investments from international firms such as NTT Facilities and SuperNap International.
“With strong government support and data growth through social media and the internet boom, we believe that Thailand will grow as a digital economy and in its cloud adoption”, said Vincent Liew, general manager of DatacenterDynamics for Asia Pacific, “DatacenterDynamics has a 15 year track record as the catalyst of the industry, enabling best practices and innovation through our ultimate knowledge and networking platform. We look forward to meeting the 250 top senior IT decision makers in Thailand on 28 January and forming the frontier of this industry”.
Taking the lead, the e-Government Agency of Thailand has been setting standards and promoting cloud adoption through practical steps, such as the introduction of G-Cloud.