Thailand moves towards 5th industrial revolution
Narumon said Srettha was planning to
develop Thailand’s digital ecosystem and infrastructure to get the country
ready for the 5th industrial revolution (5IR).
Thailand’s
4th industrial revolution has been taking place since 2010, when the country
started embracing digital economy technologies such as Internet of Things,
robotics, blockchain, and biotechnology.
As
part of the 4IR, the Thai government at that time upgraded the Information and
Communications Technology Ministry into the Digital Economy and Society
Ministry, Narumon said.
She stressed that to get the country prepared for 5IR, the Thai government has
been trying to attract more foreign investments for developing the ecosystem
necessary for embracing 5IR, including inviting more foreign businesses to
invest in data and data analytics centres in the Southeast Asian country.
She said
that during 5IR, the personalised economy would take the centre stage, as
businesses would personalise their services for particular customers and data
centres, and data analytics would be essential for a personalised economy./.