IBM Thailand to Work With Thai Central Bank to Expand AI and Blockchain Technology

In a recent post shared by news outlet, Bangkok Post, it has been unveiled that business, finance and tech related services provider IBM, namely its Thailand branch, has announced plans to expand within the AI and blockchain sector. The reason behind this decision, besides the fact that technology has reformed the way society does things, has been deemed as a stepping stone towards enhancing businesses.

According to the Managing Director of IBM Thai, Patama Chantaruck, Thailand’s growth can be traced back to “innovation and technology,” adding that IBM has been focusing on AI development for most of its existence – with 16,000 Watson customers in over 80 countries.

Because of the popularity and interest that technology has attracted since its very existence, Ms. Patama shared that IBM Thai will be evolving in a way that it can serve as a “sales operations hub” in Thai for other locations such as Cambodia, Laos and Myanmar.

Ultimately, the firm is working towards making revenues within the Indochina market. As per the Managing Director, the current goal is set at approximately 5 to 10%, which they hope to attain within the next three years.

As mentioned before, innovation seems to be a highlight in Thailand, and IBM Thai plans to take it up a notch by potentially providing programs that would benefit students within the fields of STEM. This is definitely a great thing being done, and unlike most firms, Ms. Patama does not see machinery and technology as the sole operator, but rather a team work between humans and machines.

Ms. Patama, who also happens to be taking on this challenge as a Managing Director for IBM Thai for the first time plans to, “make IBM a priority technology partner for businesses that choose to embrace technologies…”

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