If the incoming coalition government implements its IT policies as pledged during the campaign, it should increase revenue growth of system integrator and data centre businesses by 5.8% year-on-year to 260 billion baht this year, says Krungthai Compass, a research unit under Krungthai Bank.
The revenue of these businesses is projected to expand 6.5% year-on-year to 276 billion baht next year, Phongprapha Napapruekchat, assistant vice-president of the think tank, told the Bangkok Post.
Most political parties vowed to leverage digital technology to improve the performance of state agencies, such as promoting data connection among state agencies, providing public services and sending natural disaster alerts.
They also proposed using technology to combat and prevent online crime, and to train people in data and artificial intelligence (AI) knowledge.
All of these are key factors in building the digital economy, Mr Phongprapha said.
The parties’ digital policies require investment to install equipment and software by the state and private sectors, which would benefit three IT business groups, he said.
The first is the system integrator business. System integrators with expertise in application development are expected to secure deals from state agencies to develop applications and data exchange platforms.
System integrators with expertise in development of electronic know-your-customer biometric systems, mobile ID and cybersecurity solutions should also gain business opportunities from the new government, said Mr Phongprapha.
The second group to benefit from government IT policies is data centre providers and the suppliers of related equipment such as hard disk drives and router equipment, according to the research house.
The third group is educational institutes with AI and data courses as they can provide training courses featuring international standards to state agencies and individuals.
The Bhumjaithai Party, led by caretaker premier Anutin Charnvirakul, won the majority of House constituency seats, followed by the People’s Party and the Pheu Thai Party, according to the Election Commission.
During the campaign, Bhumjaithai announced a plan to utilise insurance technology through AI and satellite data to automatically trigger flood relief payments. Pheu Thai planned a super-app to consolidate all government services.
