Thailand HR Strategy Playbook

Technology make impossible, possible

The reinvention of industries is being accelerated by advancements in technology such as edge computing, 5G, the Internet of Things (IoT), blockchain, cloud computing, mobile technology, analytics, and artificial intelligence (AI). Initially, traditional companies adopt these technologies to become tech-driven. Later, they embark on reinvention through collaborative efforts between entities from different industries to create innovative offerings that disrupt traditional business models. For instance, a partnership between a convenience store chain like FamilyMart and an analytics company could result in the creation of new service offerings, such as providing loans to customers with good financial records. Similarly, a fintech company could leverage an online analytics platform to analyze data from wearable devices and smartphones, leading to the development of a new company like

Blockchain

Social

Ommichannels Experiences

Retail

Creating a combination of functionality of several different apps into one convenient package.

Mobile

AI

Making healthcare more accessible, convenient, and affordable for customers in the communities it serve. Health & Wellness

Financial Services

Analytic

Edge Computing

Fintech

Using online analytics platform to analyze data from wearable and smartphones to lower user’s insurance premiums

AR/VR

Cloud

Healthcare

HealthTech

FitSense, which offers personalized insurance premiums based on users' health and lifestyle data. These examples showcase how

industry reinvention involves the convergence of technologies and expertise from diverse sectors to create novel solutions that address

evolving market demands.

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