Thailand’s technological evolution drives transformative business trends. McKinsey & Company Thailand highlights five key areas that will reshape the country’s digital landscape over the next 12 months. Let’s explore the trends that will reshape how businesses operate and interact with technology.
1. Cybersecurity and IT Infrastructure Evolution
In the current landscape of hybrid work and a cloud-first approach, the need for uninterrupted access to applications necessitates a revamp of IT infrastructure. This involves upgrading the infrastructure with SD-WAN tech for secure connections and unified management.
2. Predictive Networks Redefining Business Agility
The emergence of predictive network engines marks a new era for businesses, providing them with complete visibility to tackle issues proactively. These engines act as a bridge between IT and business teams, allowing for uninterrupted digital service availability. Incorporating predictive models improves agility and enables businesses to concentrate on innovation, creating solutions that delight their customers.
3. Hybrid Work Environments Fostering Inclusivity
With the rise in remote work, various industries are reconsidering their physical spaces and rethinking their setups to encourage inclusive hybrid collaboration. This shift leads to redesigning offices and healthcare facilities, incorporating AI-powered features to ensure equal treatment for all employees, regardless of their work location.
4. Private 5G and Wi-Fi 6 Driving Cloud, Edge, and IoT Innovations
The convergence of Private 5G and Wi-Fi 6 is set to bring about significant changes in connectivity, particularly in sectors such as manufacturing and smart factories. This integration is expected to enable transformative applications like process automation and the scalable deployment of mobile robots.
5. Prioritizing Purpose and ESG Issues in Boardroom Agendas
In recent years, businesses have increasingly placed greater importance on purpose, which involves considering Environmental, Social, and Governance (ESG) factors when making decisions. This trend is evident in collaborations between the public and private sectors, highlighting the positive impact of purpose-driven companies on business growth and their contributions to society. The focus on ESG issues indicates a growing understanding of the link between corporate success and responsible, impactful practices.
Bonus Trend: Top Technological Trends Impacting Thailand
Thailand is expecting significant impacts from Generative AI, as well as immersive technologies like AR/VR, and advancements in climate technology in the next year. The potential of Generative AI, including Thai online casinos, the excitement surrounding Apple’s Vision Pro AR/VR headset, and collaborative initiatives in climate technology are all set to shape the country’s technological landscape.
In Thailand’s rapidly changing digital environment, businesses are facing a significant challenge due to the shortage of tech talent. Despite this challenge, businesses are investing in risk management and exploring ways to improve efficiency. These trends are shaping not only businesses but also guiding the nation toward a technology-driven future. As businesses adapt and innovate, the collaboration of technology and business, now incorporating cryptocurrencies, will persist in redefining Thailand’s operations in the digital era.