CAT Telecom has announced that it is focusing on digital services, with revenue from this area expected to be around Bt1.4 billion by the end of this year.
Dhanant Subhadrabandhu, senior executive vice president of business and service at CAT Telecom, said this would cover cloud services, data communication and Internet, big data, Internet of things (IoT) solutions and platforms, e-business and cybersecurity services.
Moreover, the firm would work together with business partners to provide new digital services such as artificial intelligence (AI) solutions and services designed to support marketing tools, data analytics, smart home solutions and home networks, Dhanant said.
To support this new era of digital service provision, the firm would restructure its organisation at both the front and back ends, he said.
The aim is to be customer-centric, so as to support increasing demand from enterprise customers who are changing their behaviour and adopting new technology and innovation to remain competitive in the digital era.
“We have the network infrastructure, which is a strong point and provides us with a huge opportunity to provide digital services to the enterprise sector,” said Dhanant.
He said that the firm this year would invest about Bt400 million to support its digital services business. By the end of this year, the company expects to generate revenue from digital services around Bt1.4.billion or around 4 per cent of its total revenue of about Bt43 billion.
The firm aims to generate double-digit growth in revenue from its digital services business over the next several years.