Japan accelerating on space exploration

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Japan accelerating on space exploration

Tech March 16, 2019 11:32

By The Japan News/ANN

2,412 Viewed

TOKYO – AXA, Toyota to develop manned lunar rover

The Japan Aerospace Exploration Agency (JAXA) and Toyota Motor Corp. have announced a project to develop a manned lunar rover that will enable astronauts to spend long periods exploring the moon’s surface.

Other companies are expected to participate in the development of the rover, which the team aims to have operating on the moon in the 2030s.

JAXA’s Vice President Koichi Wakata and Toyota Executive Vice President Shigeki Terashi announced the project at a symposium on space exploration in Tokyo on Tuesday.

 The rover, which is expected to be 6 meters long, 5.2 meters wide and 3.8 meters high, will feature Toyota’s fuel cell technology.

It will be capable of allowing two people to spend more than 40 days on the moon.

Japan’s drone use set to take off with deregulation

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Japan’s drone use set to take off with deregulation

Tech March 16, 2019 11:28

By The Japan News/ANN

2,257 Viewed

The relaxation of regulations on drone operations has spurred the expansion of their fields of use, with some delivering

The latest in drones are being unveiled at Japan Drone 2019, one of the nation’s largest drone fairs, which runs through Friday at the Makuhari Messe convention center in Chiba.

Flying out of sight

“We’ll change the airspace where only birds and radio waves flew into a place to do our business,” said Keisuke Toji, representing start-up Aeronext Inc., during his speech Wednesday at the venue.

 The company’s drones unveiled at the show are made to stay balanced for stable flight during times of strong wind or gusts. The company also improved the performance of the motor so that the drones can be used for deliveries that usually require the aircraft to fly a longer distance.

Before deregulation, the operation of drones in Japan had been limited to those within the user’s sight. This made drones usable only in areas such as aerial photography and surveying. To promote the use of drones, the government revised aviation rules in September last year to allow drones to fly out of sight of the user, as long as the drones fly over remote islands, mountainous areas and other places people are unlikely to set foot in.

The government plans to allow such drone flights in urban areas from 2022 as a way to cope with the shortage of workers in the parcel delivery business.

Market set to boom

Taking advantage of deregulation, from June telecommunications giant KDDI Corp. will offer services to fly drones over out-of-sight places to inspect infrastructure and for search operations during alpine accidents.

Rakuten Inc., which runs e-commerce services among other activities, will start deliveries by drones in less-populated areas within fiscal 2019. It has already cooperated with companies and local governments to conduct proving tests for drone deliveries.

The Japan Aerospace Exploration Agency is among the organizations that are planning to put into practical use by 2020 a system to manage drones’ routes to avoid air collisions.

According to research firm Impress Corp., the domestic drone market is expected to increase tenfold from ¥50.3 billion ($452 million) in fiscal 2017 to ¥507.3 billion in fiscal 2024. Fields such as parcel delivery are expected to grow and new entrants to the market are likely to accelerate.

Digital cherry tree blooms in Tokyo

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Digital cherry tree blooms in Tokyo

Breaking News March 16, 2019 11:25

By The Yomiuri Shimbun/ ANN

2,106 Viewed

TOKYO – An event in which an art installation uses LED lights to imitate cherry blossoms and restaurants offer dishes on the same theme started Friday in the Nihonbashi district of Chuo Ward, Tokyo.

The art installation was revealed to the press on Thursday as part of the event, which is called “Nihonbashi Sakura Festival.”

It has been made to look like an about 10-meter-high tree and is decorated with about 100,000 LED lights. It is named “The Tree of Light — Light-Up Cherry Blossoms” and reacts to the wind by changing its color.

Other art installations in the event include “Sakura Carpet,” a path of interactive cherry blossoms, and an illumination of the Mitusi Honkan building, a national important cultural asset. The event will run through April 7.

Leaner Loxley gets its act together

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Leaner Loxley gets its act together

Tech March 16, 2019 11:23

By Asina Pornwasin
THE NATION WEEKEND

2,246 Viewed

Trimming from 50 to 15 companies, the 80-year-old conglomerate is now focused on five strategic business groups

The 80-year Thai conglomerate, Loxley, has recently undergone its fourth business transformation in shifting from a telecom business to a service business under its fourth generation leader, Suroj Lamsam.

The company has changed its business direction and reorganised to be lean and highly focused on its new potential. Once composed of 50 companies under Loxley, it has slimmed down to 15 companies under five strategic business groups (SBG) – information technology, food service and distribution, energy, network solutions, and services.

Suroj Lamsam, president of  Loxley Public Company Limited, said the company in the past had too many companies doing many kinds of business, causing a lack of focus that limited its success.

In the two years since he taking over as president of the conglomerate, he has reorganised it and aligned its business units in a new direction to offer “services” across business groups rather than relying primarily on trading products.

“We are aiming to shift our core revenue stream to rely on a service or transaction fee model,” explained Suroj. “Therefore, we need to specialise in each business area that we call a ‘strategic business group’. Now we have five strategic business groups, and are adjusting our approach to focus more on offering ‘service’ in each business.”

He said Loxley is now in its fourth generation of business direction, from a trading company to office automation and IT, and then to a telecom before its current services-oriented incarnation.

“We need to be lean and to focus on where the business potential lies, rather than running so many businesses without being strong in any one,” said Suroj.

Under his lead, Loxley will focus on only five business groups. In each group, the business is heading in the direction of offering services rather than a trading approach. The trading-business model is being disrupted by digital technology, and the company can no longer rely on revenue from that model.

“In many of the past years, our revenue was not stable, but swung wildly because most of our businesses relied on revenue from ‘projects’, especially from the government market. Therefore, in the years where we won the projects, our revenue was high. On the other hand, in some years we did not have the projects and our revenue greatly decreased,” said Suroj.

In 2019, Loxley aims to have business growth of 20 to 25 per cent above 2018’s around Bt15 billion.

Under Suroj’s direction, each business group has a greater focus on “service”. For example, the IT business previously performed as a system integrator offering hardware and software solution implementation, but now has shifted to offering management services.

Meanwhile, the energy group has announced that it would leave power plant production to be an engineering procurement contractor. Similarly, the network solution group, which mostly relies on winning government projects, will maintain that revenue stream while shifting its focus to specific

projects.

“Ideally, we would like to turn to offer ‘service’ to the government. However, we need to maintain this part of the business, which remains our main revenue stream. But we will increase revenue in other

businesses with rising potential, especially the services and food industry,” said Suroj.

The two main sectors with potential for Loxley are services and food business. Suroj said that the company’s service business will focus on security for both manpower and intelligent systems. The service business is operated by ASM Security Management Company, which has focused on the aviation sector, included air-site security, passenger security, cargo, airline security and so on.

ASM Security Management has around 6,000 employees, with around 3,000 of them in the aviation business and the remainder in other businesses, including the general security guard business. “We are the leader in aviation security, since we have been in this business since Suvarnabhumi Airport opened 14 years ago. We have penetrated almost all the major airports in Thailand except Don Mueang

Airport, Samui Airport and Chiang Mai Airport,” said Suroj.

As well as offering security for the aviation sector, the company can expand to other services to meet the huge demand in the sector. It is particularly interested in general security guarding services for large corporates such as PTT and Bangchak.

And it is also expanding to provide maid and healthcare services.

“Since it is a service business which relies on people, the usual turnover rate is around 10 per cent. Therefore we need other related businesses, recruitment and training businesses, to make sure that we have enough manpower for the

business,” said Suroj.

Under the service group, aviation is the major revenue contributor at around 70 to 80 per cent. Housemaid and other services, including gardening, cleaning and pet control services, together contribute around 20 to 30 per cent to the service group’s revenue.

Meanwhile, he said, the food business continues to offer potential for Loxley. The Loxley Trading Company leads this business group, with a long history as a large distributor for consumer foods. It is now expanding into imported food from Japan as well as the WAQ Yakiniku Japanese restaurant. “We abolished and merged companies down from 50 to 15 companies in two years, as well as reorganised the business groups,” said Suroj. “We are confident that we are lean enough. And with the new business direction, we will maintain stable revenues of Bt1.5 billion, avoiding the big swings of past years.”

For emerging new startups, he said, Loxley has invested through its K2 Venture Capital.

It also recently set up Travel Ad Network Thailand, which is a travel ad network business. It is Loxley’s latest startup business and includes an overseas partner.

“Loxley is now lean enough to do business during the era of digital disruption,” he proudly summed up.

The cloud – solving different pain points for different sectors

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Chawapol Jariyawiroj
Chawapol Jariyawiroj

The cloud – solving different pain points for different sectors

Tech March 16, 2019 11:18

By Asina Pornwasin
THE NATION WEEKEND

2,249 Viewed

AS THAILAND transforms into a digital country, Amazon Web Services (AWS) is dedicated to help by offering cloud solutions to meet the different challenges facing customers.

It aims continue to grow along with the market by focusing on those challenges. According to IDC, the global cloud market’s compound annual growth rate from 2016 to 2021 is expected to reach 21.9 per cent.

Chawapol Jariyawiroj, country manager of AWS Thailand, said the company’s role as a platform and enabler will help businesses throughout the entire ecosystem to build their competitive capacity in the era of digital disruption.

Cloud platforms can help democratise digital access and competitive advantage.

The cloud is having an impact on this country, as it is being widely adopted by businesses of all sizes, as well as by digital and startup businesses and the public sector, especially government and education.

Chawapol said that this year the company is focusing on five business segments – large enterprises, emerging enterprises, digital native businesses, integrated solution vendors, and territory businesses.

The large enterprise customers are made up of large traditional businesses  across vertical industries, including banking, insurance, telecom, retail, real estate and construction. These businesses are being disrupted. Their challenges are to create new revenue streams, create end-user experiences and to reduce the cost of business operations.

“This group invests in cloud solutions to increase competitiveness,” said Chawapol. “They need to undergo transformation, so we have a dedicated team to provide consulting, as well as solution architecture customised for each customer.”

The emerging enterprise

customers are also traditional

businesses, but have a medium-sized organisational structure and a

workload that is not as complex.Their

challenge is similar to that of large corporates, but they are more flexible. They are looking to invest in transformation while increasing competitive performance – and cloud is the answer.

Digital native businesses –mainly tech startups – are another focus area for AWS Thailand this year. They are found across industries, including financial technology, online businesses, tech firms, property tech, insurance tech, healthcare and retail.

“For them, technology is the key factor driving the business. Most of their business is based on the cloud platform. They are born in the cloud. Their nature is to move fast, experiment quickly, be highly agile, and quickly create user experience,” said Chawapol.

Integrated solution vendors (ISV) are similar to business-to-business service providers such as payment gateway service providers. It is a new business segment and is a focus for ASW this year.

“Many large successful startups are using ASW’s cloud platform, such as aCommerce, 2C2P, WiseSlight, Wongnai, Sunday Insurance, and even the Stock Exchange of Thailand [SET],” said Chawapol.

Meanwhile, “territory businesses” are small and medium-size traditional businesses, as well as small digital and startup businesses. With this market segment AWS Thailand will work with business partners to provide support for customers, while it takes the lead with the other four market segments.

For the past three years, large corporates – especially banks, telcos, retail, and real estate – have shifted to the cloud platform to meet the innovation challenge.

The key technology solutions include artificial intelligence, machine learning, internet of things, and blockchain. With a jump in corporates seeing the advantages of migrating to the cloud, AWS Thailand is providing professional services including system design, platform and security, architecture, security policy and landing zone.

“We have been here in the Thai market for four years and now the norm is ‘Why not cloud?’ or ‘Cloud first’. The cloud platform has rapidly grown over the past few years and will continue growing quickly for many years in the future,” said Chawapol.

Early adoption stage

AWS has led the global cloud market share, with 51.8 per cent in 2018, growing from 47 per cent in 2017. Still, when cloud penetration is compared to the whole of technology spending, it remains in the early-adoption stage, providing lots of room for global and local growth.

Globally, ASW has 20 regional sites and 61 availability zones. Each regional site has two to three availability zones, while each availability zone has around two to three data centres. Among the 20 regional sites, six are in Asia Pacific – Singapore, Japan, Korea, India, Hong Kong and China.

“We have our own submarine cable linking all 20 regional sites. That allows customers to use their own virtual private network over our platform. This is to help reduce the total cost of ownership when compared to the traditional technology approach. For example, DoHome PLC, the large retail for construction products, reduced costs by 30 per cent after it moved to the cloud,” said Chawapol.

The benefit of going to the cloud go beyond reducing the total cost of ownership, he said. It includes the agility, scalability, security, and speed capability to deliver and to launch new services, as well as data analytic capability. These are inestimable benefits, said Chawapol.

“Now with everyone going to omni-channel, they have both online and office customer/user touch points. Cloud is really to address their online part, to collect and analyse data for their offline part of the business,” said Chawapol.

Thailand is an important market for ASW, he said, and so the company has devoted a lot of resources to increase the office, team and other resources in the Thai market. The new office, at 1,300 square metres, will be opened in April. It will house a training room, workshop lab, as well as host fireside chats and customer experience-sharing across industries.

It will also recruit a lot more talent in security, analytics, artificial intelligent, machine learning and customer support teams.

“This year is the big move for ASW Thailand, since cloud is the new normal while cloud adoption in Thailand is in its early stage the same as in the other countries around the world. There are many jobs to be done,” said Chawapol.

Synopsys to showcase platform in Singapore

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Synopsys to showcase  platform in Singapore

Tech March 13, 2019 01:00

By The Nation

3,340 Viewed

Synopsys Inc announced yesterday that it would showcase its new Polaris Software Integrity Platform™at Black Hat Asia in Singapore, to be held from March 26 to 29.

 

The Polaris Software Integrity Platform brings the power of Synopsys Software Integrity products and services together into an integrated solution that enables security and development teams to build secure, high-quality software faster.

“To effectively secure their applications against increasingly sophisticated attacks, organisations need to employ a combination of security testing techniques at multiple points within the SDLC,” said Andreas Kuehlmann, general manager of the Synopsys Software Integrity Group. “But, to maintain the velocity required to be competitive, they also need application security solutions that can match the accelerating pace of software development, can scale, and can integrate seamlessly with their existing development infrastructure.

Strong career prospects for digital talent: report

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Strong career prospects for digital talent: report

Tech March 13, 2019 01:00

By   THE NATION

4,160 Viewed

THE GLOBAL professional recruitment consultancy Michael Page is highlighting an upward trend in hiring within robotics and automation, in its Thailand Employment Outlook 2019 report.

“Thailand 4.0 will continue to have a positive impact on the country and [its] employment landscape,” summed up Kristoffer Paludan, regional director at Michael Page Thailand. “We foresee a specific focus on progression with industrial automation, digitalisation, artificial intelligence (AI) and internet of things (IoT).”

With heavy investments in these areas, skilled experts can look forward to strong career prospects. According to the report, e-commerce companies are currently experiencing the fastest new headcount growth in Thailand, often seeking senior professionals with online media, digital and software development experience.

“The drive to attract top talent in digital has sparked a lot of movement in the market, with companies offering attractive compensation packages such as flexible benefits tailored to the individual,” said Kristoffer. “That includes annual leave, private medical and work from home arrangements. To strengthen their career paths, job seekers pursue exposure to emerging technologies such as Big Data, IoT and back to front-end mobile apps development.” As a result, the talent race in technology will intensify across 2019. The report indicates a 15 per cent increase in the number of technology jobs posted in Thailand in the last 12 months. Successful job movers can expect a premium 20 to 25 per cent salary hike.

Thai companies and multinationals in the industrial space are developing succession planning and knowledge transfer strategies by replacing expatriate employees with locals. Thai professionals looking to step up to management positions will have to boost their communications and leadership skills.

“Thailand’s employers need to be aware that the savvy and well-educated millennial professional is more attracted to the exciting start-ups and newer organisations. More traditional firms will have to effectively communicate their brand heritage and understand their enthusiasm for making a swift impact in an organisation to attract the millennial talent pool,” Kristoffer advises.

Partners aim for SWEET rewards

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Partners aim for SWEET rewards

Tech March 09, 2019 10:26

By Asina Pornwasin
The Nation Weekend

Sugar industry to gain from hi-tech tools backing initiative for ‘precision farming’

AIMING to strengthen Thailand’s agriculture industry with the use of technologies to do precision farming, government agencies and the private sector have joined hands to launch a two-year pilot project on 2,000 rai.

The precision farming research collaboration involves three parties – the National Science and Technology Development Agency’s (NSTDA) National Electronics and Computer Technology Centre (Nectec), IBM Thailand and Mitr Phol

The objective is to transform sugarcane farming into precision farming through increasing the yields of one of the country’s most economically important crops.

The industrial crop is transformed in Thailand and around the world into sugar and bioenergy. According to a breakdown by country of sugar exports done by the website World’s Top Exports, Thailand plays an important role in the world market as the second largest sugar exporter, with a 9.4-per-cent market share in 2017.

Meanwhile, according to Thailand Sugar Annual 2018 by Global Agricultural Information Network of the USDA Foreign Agricultural Service, sugar production in Thailand between 2018 and 2019 is forecast at around 14.1 million tonnes, or about a 3-per cent increase from the previous year.

The three-party research collaboration is expected to improve both the yield and the quality of Thailand’s sugarcane, with the research results then applied to also improve the country’s other economic crops.

Nectec, IBM, and Mitr Phol will work together over the next two years in researching and implementing of innovative technologies, especially artificial intelligence (AI), internet of things (IoT), satellite remote sensing, and hyper-local weather forecasting data to accomplish precision farming in pilot areas of a 2,000-rai (320-hectare) sugarcane farm owned by Mitr Phol.

Narong Sirilertworakul, president of the NSDTA, said the agency has committed to strengthening the country’s R&D, especially for the food and agriculture sector that creates several billion baht a year in economic value.

“NSTDA plays a role as a driving force of national science and technology capability, based on our belief that technology will help ensure the country’s sustainable growth and global competitiveness,” said Narong. This collaboration with IBM and Mitr Phol is to create a new data-driven era of agriculture, starting with sugarcane farming.”

Nectec provides its strength in local technologies, including IoT-weather sensors used to collect local data for forecasting local weather. IBM offers its industry-leading AI and data analytic capabilities, as well as the world’s most accurate weather data from The Weather Company. Mitr Phol allows the pilot project to be implemented on its 2,000 rai of sugarcane farms nationwide as well as providing its research and resource team to work in the fields.

Klanarong Sroroth, head of Mitr Phol Group’s Innovation and Research Development Institute, said the collaboration would leverage IBM’s AI, satellite remote sensing and advanced weather forecasting system in order to maximise sugarcane productivity.

The project is a game-changing move towards a modern farming practice with the use of precision farming for Mitr Phol, and also for the entire agriculture landscape in Thailand, said Klanarong.

Thailand is the first country in Asia Pacific in which IBM is bringing its IBM Watson Decision platform for agriculture business.

“Mitr Phol is committed to the continuous innovation and adoption of best practices to increase the productivity of sugarcane farming, for the sustainability of all stakeholders,” said Klanarong.

There are four components to the research – an AI engine that has been largely customised for agriculture, satellite data, data from The Weather Company and data from IoT devices.

Kathryn Guarini, vice president of industry research for IBM Research, said that the decision support process for Mitr Phol’s farming will comprise five different models. The first is a weather model for operations, including timing for spraying and fertilising the farms.

Second is the crop health model that pinpoints locations to scout on the sugarcane farms. Third is the soil moisture and temperature model to guide irrigation and fertiliser application, while the fourth is a pest and disease risk model for remediation of stem borer and other bio-threats. The final guiding input is the yield and quality projection.

The IBM Watson Decision platform for agriculture business consists of a merging of data from The Weather Company; satellite-based remote sensing data and IoT local sensing; locally collected data such as soil, topography and climate; and users inputs about farm locations, crop types and plant data.

The collaboration will pilot an intelligent dashboard and mobile application, to enable experts to access insights on crop health, soil moisture, pest and disease infestation risk, expected yield and the commercial cane sugar index.

“We were looking for the right partner since we need a use-case to implement the research collaboration,” said Guarini. “Why Thailand and why Mitr Phol? It is because of we have the right partners, both Mitr Phol and NSTDA as well as Nectec.”

The project will pilot the Agronomic Insights Assistant, which is being developed by IBM Research and is based on the IBM Watson Decision Platform for Agriculture and IBM PAIRS Geoscope. The pilot launch will be in the middle of this year, and take place on three sugarcane farms of up to 1 million square metres.

The Agronomic Insights Assistant integrates several technologies, including the intelligence geospatial-temporal data such as multispectral crop images captured by multiple satellites, soil data, digital elevation; agronomic data such as crop health, soil moisture level, pest/disease risk forecasts, yield and commercial cane sugar index.

It works with the precise forecast models from the Weather Company. This data is then combined with local sensing technology that has been customised and enhanced for sugarcane in Thailand by NSDTA and Nectec, and rich agronomic domain knowledge from Mitr Phol including real-world insights on water and nutrient stress, pest and disease risk, agriculture production yield and crop quality index.

Farmers may be granted access to information that can help them access and manage risk easily, optimise productivity and ultimately increase their crop yields.

With insights up to two weeks in advance and alerts on pests and disease such as stem borers and white leaf, along with hyper-local, short-term, and seasonal water forecasts, it is expected that farmers will be able to proactively plan specific actions such as irrigation, fertiliser application, and pesticide spray to fight against yield-loss threats.

Chai Wutiwiwatchai, Nectec’s director, said that it will initially implement IoT weather stations on three 600-rai farms with two node stations per farm, and with nine to 18 IoT sensors in each node station. It will take around one month to implement the IoT sensors throughout the farms.

Patama Chantaruck, vice president for Indochina expansion and managing director at IBM Thailand, predicts the collaboration will transform Thailand’s sugarcane farming. The move is part of the company’s mission to equip Thai sugarcane farming with relevant insights and to support the government and business community as it seeks to strengthen the country’s competitive capabilities in agriculture as one of the country’s key industries.

“The combined strengths of NSTD and IBM in research and advanced technologies leveraging Big Data, analytics, AI, and IoTs, added to the domain expertise of Mitr Phol, will represent the next frontier of smarter agriculture in Thailand and transform the way one of the most traditional industries work,” said Patama.

The Weather Company, acquired by IBM, accesses huge data from 2.2 billion points on the planet, using almost 300,000 personal weather stations globally to create 162 forecast models. It also has atmospheric data from 50,000 flights per day and 15 million pressure readings from mobile devices. With this data, it can offer precision for 100 times greater coverage with accuracy and update forecasts every 15 minutes.

“IBM Cognitive AI is not just for analysis, but for prediction. With the use of images from satellite remote sensing, it can offer insights into the water and nutrient stresses, pest and disease risk insights, and a crop quality index for farmers,” said Patama.

She said this collaborative mission is to develop, to validate, and to scale the impact of the use of innovative technologies. The resulting data could be used to increase productivity and revenue per field and to reduce loss.

A little help from AI

“AI is not going to replace jobs but will improve and help with tasks. We bring the best technology to be used for the best thing in the country – which is agriculture,” said Patama.

Guarini said climate change, increased pollution and food security concerns have propelled industry and the government to seek new collaborative models grounded in data and pioneering innovation.

IBM Research looks forward to building similar public-private partnerships across all industries to address the planet’s greatest challenges, she said.

Thailand falling behind in the startup race, summit chief warns

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Thailand falling behind in the startup race, summit chief warns

Tech March 09, 2019 10:19

By Asina Pornwasin
The Nation Weekend

The theme of Techsauce Global Summit 2019 is “World Changing Technology”, emphasising the universal impact of technology that reaches beyond the corporate sphere to include everyone.

Oranuch Lerdsuwankij, chief executive officer and co-founder of summit organiser Techsauce Media, underlined the confab’s importance as a platform for tech enthusiasts across different industries to discuss digital knowledge, ideas and experiences. The summit brings tangible changes to the tech ecosystem across Thailand and other Southeast Asian countries.

“For this year, we picked issues around our theme, celebrating world-changing technologies, to broaden views of how technology creates a huge impact on our world and affects big-name companies as well as the general pubic,” said Oranuch.

At the event, 12 stages will shed light on various topics, ranging from blockchain, artificial intelligence (AI), the role of women in the tech industry, and the social impacts from AR/VR (augmented reality/virtual reality) technologies on health, energy, smart city and music.

The event, to be held in June, will also feature a technology-focused exhibition and business matching.

Techsauce Media and HUBBA have organised the summit since 2016. Among Southeast Asia’s largest startup and tech conferences, the summit this year is expected to attract approximately 20,000 participants, double last year’s figures.

Techsauce Media bases estimates on Thailand’s startup ecosystem based on publicly disclosed information.

The total (disclosed) fundraising in Thailand in 2018 was US$61.25 million (Bt1.94 billion), a large decrease from the $106.10 million (Bt3.37 billion) in 2017. Meanwhile, the number of deals in 2018 totalled 35, an increase from 31 deals in 2017.

During the past eight years, 2011 to 2018, the total estimated value of startup funding in Thailand was $337.37 million (Bt10.72 billion).

In 2018, the three big deals included Eko secured series B funding of $20 million, Eatigo secured series B funding of $10 million and Gogopoint secured series A funding of $7.7 million.

Even the total value of startup fundraising in Thailand is quite small when compared to other countries in the region, especially Indonesia and Singapore. Thailand has active investors – corporate venture capital funds (CVC) and venture capital funds (VC), along with accelerators.

In 2018, tech startup deals in Thailand reached at least $61.5 million. Food/bio/restaurant, fintech, e-commerce marketplace and property-tech were the top four industries with the highest number of deals.

This was followed by digital content, travel tech, marketing tech, reward and enterprise platforms. Meanwhile, funding deals in construction, agriculture and robotics were few.

Thai investors in 2018 invested more abroad than in local startups because they were looking for deep technologies and innovations, while most Thai startups are not oriented to deep technology.

To drive Thailand’s startup ecosystem, Oranuch said, the government and private sector each need to play a key role in nurturing talent, especially through STEM (science, technology, engineering, and mathematics) sectors . STEM talents are the most important fundamental success factor in jump-starting interesting and successful startups.

“It is the big challenge for the country. To drive the country to move forward, we need sufficient numbers and quality talents. It is an urgent agenda that I urge the government to focus on,” said Oranuch.

Thailand studying Japan’s satellite model

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Thailand studying Japan’s satellite model

Tech March 06, 2019 01:00

By   THE NATION

THE MINISTRY of Digital Economy and Society (MDES) has teamed up with the Thai Chamber of Commerce (TCC) to study Japan’s satellite model to seek supervisory direction for the satellite industry, in which foreign investments will be allowed after Thaicom Plc’s 20-year satellite concession ends in 2021.

Vunnaporn Devahastin, the deputy permanent secretary of the ministry, said the country must be well prepared as the new bill on the organisation to assign radio frequency and to regulate broadcasting and telecommunication services awaits a Royal Decree.

Supervising, thus, needs a study of overseas information, while discussions with Japan’s Office of National Space Policy allowed Thailand to see the process, she said.

Japan liberally permits enterprises from other countries such as Vietnam, United Arab Emirates and Saudi Arabia to operate satellites with clearly separate operations.

Japan’s ministry for information, communications and technology normally joins the prime minister’s office to set plans which will, then, become the policy for related ministries to follow the strategic plans.

“In Thailand, after the new bill comes into force, it will be necessary to clearly separate the authority of the ministry and the NBTC [National Broadcasting and Telecommunications Commission]. Based on the new bill, a request for operating licences will go to the NBTC, while the ministry will set the policy to cope with the planned liberalisation of the satellite industry in Thailand,” Vunnaporn said.

In the overall satellite industry of the future, there will likely be more internet satellites amid a global move into investments in services from non-geostationary satellite orbit, such as low earth orbit and medium earth orbit, thousands of which can be sent to the sky each time due to their small sizes.

These satellites serve several services – from high-speed internet 5G, internet of things (IoT), high-speed data transmission, survey, navigation to high-resolution photography.

The satellite industry is expected to see high competition with more operators, while several industries may have to rely more on satellites.

In Japan, most satellites are the low earth orbit type and thousands of them can be sent into the sky each time.

Presently, there are about 1,000 satellites in the sky, compared to the past five years’ 200 satellites.

In 2021, the number of low earth orbit satellites are expected to see a big jump as seen from the licences for 10,000 satellites given to Space Exploration Technologies (SpaceX)’s founder Elon Musk, who also leads Tesla, which makes electric cars, giant batteries and solar products.

His move is expected to create demand for satellites in the industry. In Thailand, Thaicom’s satellites – Thaicom 4 (Ipstar), Thaicom 5 and Thaicom 6 – will end their concessions and still see high demand for their services to cope with the demands of 5G, IoT and artificial intelligence.