Bangkok--2 Aug--Huawei Thailand
Under the theme "IoT, the Engine of Thailand 4.0 to Drives Digital Economy," the Thailand IoT Industry Summit 2019 will be held in Bangkok on August 7. The summit will bring together government officials, international organizations, leading operators, industry experts, and partners to share cutting-edge IoT innovations, and explore their contributions to Thailand 4.0 initiative and digital economy.
The summit, hosted by Huawei together with Ministry of Digital Economy and Society, Digital Economy Promotion Agency and our industry partner Global System for Mobile Communications, will highlight global IoT trends, IoT values to economy and personal life, and IoT practices from global and Thailand developers and users.
During the event, Thailand IoT Industry Whitepaper will be officially released, with the aim of guiding the development of the IoT startups and stimulate the industries in the country. Innovative IoT devices and services across Smart City, Smart Industry, and Smart Life from global and local vendors will be exhibited and introduced.
According to GSMA Intelligence, there are 114 Mobile IoT commercial networks launched globally as of May 2019, and the total global IoT connections may rise to 25 billion by 2025. GSMA Intelligence estimates that the Asia Pacific region will be the largest region in terms of revenues hitting approximately $386 billion while global IoT revenue will quadruple to $1.1 trillion in 2025, driven by government promotion and strong industrial IoT connection growth.
"The Internet of Thing (IoT) is becoming the solid foundation for Big Data and Artificial Intelligence (AI), and indispensable part of future 5G. Over the past years, IoT has played a more important role in Thailand digital transformation. Increasing industry players from global and Thailand have been engaged in the IoT development and application," said Deng Feng, Huawei Thailand spokesperson.
In Thailand, IoT has become as an important engine for digital transformation and produced good social and economic values. Internet service providers have started toroll out their NB-IoT across the country. Use cases such as motor tracking, Kids Caring and smart parking are already at commercial stage. Innovations such as Smart Meter and Connected Cow have also entered trial stage in Thailand.
During the summit, representatives of Huawei will interpret Huawei's IoT cloud service strategy and IoT platform solutions, with which partners can easily manage IoT product and monetize business opportunities.
Mr. Veni Shone, President of HiSilicon (Shanghai) will introduce the global development and prospects of NB-IoT, and reveal the new opportunities that IoT will bring to Thailand.