Tech Mahindra Inks MoU with Digital Economy Promotion Agency (Depa) to Accelerate Digital Transformation in Thailand
To co-develop innovative digital solutions & use cases and execute projects for enterprises in areas of IoT, AI, Analytics, Blockchain, 5G, and Metaverse
New Delhi – 1st December, 2022: Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, and Digital Economy Promotion Agency (depa), a government agency established under the Ministry of Digital Economy and Society of Thailand to promote development of digital industry and innovation and ascertain nationwide digital technology adoption in order to achieve economic, social, cultural, and security benefits, have signed a Memorandum of Understanding (MoU) to accelerate digital transformation in Thailand.
As a part of the partnership, both organizations will co-develop innovative digital solutions and execute commercially viable projects and use cases for enterprises in areas of IoT, AI, 5G, Analytics, Blockchain, and Metaverse for various industries including Smart Cities, Telecom, among others.
Rajesh Chandiramani, Business Head, Communications-Media-Entertainment for EMEA and APJI Markets, Tech Mahindra, said, “We started our Thailand operations in 2004, and today it has become one of the most strategic and growth markets for us. Our partnership with depa will unlock immense potential for us to build, develop, and market innovative solutions for our customers in Thailand and support them in their digital transformation journey. This partnership is a major step forward in strengthening the industrial competitiveness between Thailand and India. We will also work towards diversifying the talent pool in the region through various skilling and upskilling initiatives on multiple technologies like NFT, Blockchain, Metaverse, AI, Analytics, IoT, 5G, Machine Learning, Quantum Computing, and Cloud.”
Digital Economy Promotion Agency (depa) was established under the Digital Development for Economy and Society Act promulgated on 23 January 2017. The agency aims to support and promote the development of digital industry and innovation, support and promote digital technology adoption, which benefits the national economy, society, culture, and security according to Article 34 of the Act.
Dr Passakon Prathombutr, Senior Executive Vice President of Digital Economy Promotion Agency, said, “Thailand aims to become ASEAN’s digital hub, for which a digital workforce is vital. This partnership with Tech Mahindra will empower our talent development in key fields such as AI, Blockchain, and the Metaverse. Depa is building Thailand Digital Valley (TDV), a state-of-the-art digital innovation ecosystem in the Eastern Economic Corridor (EEC). TDV will become the digital and innovation hub for the entire region. Hence, this collaboration is strategic to the digital economy and society.”
This partnership is in line with Tech Mahindra’s NXT.NOW™ framework, which aims to enhance ‘Human Centric Experience’, and focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.
About Digital Economy Promotion Agency
Founded in 2017, the Digital Economy Promotion Agency or ‘depa’ is a public organization under the Ministry of Digital Economy and Society of Thailand. Depa is the national mechanism for driving the growth of the digital economy in the Thailand 4.0 era. Depa’s missions consist of formulating a strategic plan to promote the digital economy and implementing it through various measures, such as workforce development, startup accelerator, and smart city promotion. Depa is building a viable digital ecosystem, including Thailand Digital Valley (TDV) located in the national strategic area of digital industry promotion of the Eastern Economic Corridor (EEC).
About Tech Mahindra
Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise. We are a USD 6 billion organization with 163,000+ professionals across 90 countries helping 1279 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Metaverse, Quantum Computing, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. Tech Mahindra is the only Indian company in the world to receive the HRH The Prince of Wales’ Terra Carta Seal for its commitment to creating a sustainable future. We are the fastest growing brand in ‘brand strength’ and amongst the top 7 IT brands globally. With the NXT.NOW™ framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. Tech Mahindra aims at delivering tomorrow’s experiences today and believes that the ‘Future is Now’.
We are part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.