Thailand trailing far behind in company digitisation: UN report

Thailand Trailing Far Behind In Company Digitisation: Un Report

Thailand appears as a laggard in company digitization globally despite its widely-announced aim to expand its digital ec9onomy under the Thailand 4.0 campaign, the Digital Economy Report 2019 released by the United Nations Conference on Trade and Development (UNCTAD) shows.

Thailand is close to the bottom of a chart in the report counting the number of companies which have received online orders in a year. The ranking shows that less than ten per cent of small firms and only about 20 per cent of large firms did so.

Singapore and South Korea are at the top the chart, and even Indonesia did much better in comparison to Thailand.

Thailand Trailing Far Behind In Company Digitisation: Un Report
Digital Economy Report

In another chart on exports of computer services as a share of output and output relative to GDP, Thailand sits close to zero in both categories.

Thailand Trailing Far Behind In Company Digitisation: Un Report
Digital Economy Report

The report suggests that in most developing countries, there is considerable scope in reaping benefits from digitisation in other parts of the economy apart from just the digital sector. Significant productivity gains have been observed once companies in the traditional sector opt for digitisation in their production and management processes. One study estimates that as much as 15 per cent of the digital economy in 12 large developing and developed countries originates from the traditional sector.

The report also notes that there is evidence to suggest that the extent of benefits from digitisation depends on pre-existing economic and social structures as well as critical-mass effects. As a result, those with higher income tend to benefit more than countries with low income.

“Digitisation and rise of the platform economy are greatly transforming the way firms connect to others, whether they are buyers, suppliers, peers or supporting institutions at home and aboard,” says the report.

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Thailand appears as a laggard in company digitization globally despite its widely-announced aim to expand its digital ec9onomy under the Thailand 4.0 campaign, the Digital Economy Report 2019 released by the United Nations Conference on Trade and Development (UNCTAD) shows. Thailand is close to the bottom of a chart in the report counting the number of companies which have received online orders in a year. The ranking shows that less than ten per cent of small firms and only about 20 per cent of large firms did so. Singapore and South Korea are at the top the chart, and even...

Thailand Trailing Far Behind In Company Digitisation: Un Report

Thailand appears as a laggard in company digitization globally despite its widely-announced aim to expand its digital ec9onomy under the Thailand 4.0 campaign, the Digital Economy Report 2019 released by the United Nations Conference on Trade and Development (UNCTAD) shows.

Thailand is close to the bottom of a chart in the report counting the number of companies which have received online orders in a year. The ranking shows that less than ten per cent of small firms and only about 20 per cent of large firms did so.

Singapore and South Korea are at the top the chart, and even Indonesia did much better in comparison to Thailand.

Thailand Trailing Far Behind In Company Digitisation: Un Report
Digital Economy Report

In another chart on exports of computer services as a share of output and output relative to GDP, Thailand sits close to zero in both categories.

Thailand Trailing Far Behind In Company Digitisation: Un Report
Digital Economy Report

The report suggests that in most developing countries, there is considerable scope in reaping benefits from digitisation in other parts of the economy apart from just the digital sector. Significant productivity gains have been observed once companies in the traditional sector opt for digitisation in their production and management processes. One study estimates that as much as 15 per cent of the digital economy in 12 large developing and developed countries originates from the traditional sector.

The report also notes that there is evidence to suggest that the extent of benefits from digitisation depends on pre-existing economic and social structures as well as critical-mass effects. As a result, those with higher income tend to benefit more than countries with low income.

“Digitisation and rise of the platform economy are greatly transforming the way firms connect to others, whether they are buyers, suppliers, peers or supporting institutions at home and aboard,” says the report.

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