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Sunday, May 5, 2024

Cleantech leading economic advance

Mr Seip reiterated that energy demand in the region is expected to surge substantially in the long run and clean energy will be a key in the Thai economy.

Cleantech, distributed infrastructure, 5G, Internet of Things (IoT) and next level process automation are expected to play a crucial role in the Thai economy in coming years, says consultancy McKinsey & Company.

“Even before the pandemic, a potent mix of technological advances — massively enhanced computer power, automation and smart technologies — is already reinventing a wide range of industries as part of the so-called Fourth Industrial Revolution or Industry 4.0,” Harry Seip, partner at McKinsey & Company’s Bangkok office and leader of the firm’s digital and analytics practice in Thailand, told the Bangkok Post.

“Covid-19 has only served to…

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