Fujitsu Systems Business (Thailand) expects double-digit revenue growth this fiscal year on the back of the big-data wave anticipated once full commercial third-generation (3G) wireless service becomes a reality.
Japan's leading provider of information technology (IT) products and services globally expects revenue from the Thai unit to grow by 14% in fiscal 2013 ending next March 31 after flat growth in fiscal 2012 due to the devastating floods.
Fujitsu (Thailand) reported 2.38 billion baht in revenue for fiscal 2012 ending this past March 31.
President Masayuki Kunimaru said last year was a tough one for Fujitsu, with the floods hurting its 365 customers.
The company this year is focusing on disaster recovery and contingency planning to capitalise on the extraordinary growth in data service.
Target customers are the financial, government and retail sectors, especially along the Eastern Seaboard.
Mr Kunimaru said he believes the advent of full commercial 3G service will help business convergence and intelligence sectors, big-data and disaster recovery, cloud services and security.
Fujitsu plans to shift the proportion of Japanese to Thai customers to 60:40 by 2015 and 50:50 by 2017 from 75:25 now, he said.
The company plans to explore new business options in water and traffic management.
"We plan to increase our revenue by 14% next fiscal year [starting April 1], from 2.38 billion last fiscal year," he said.
The research firm International Data Corporation projects Thailand's IT market will be worth US$6 billion this year.
The country's IT and ICT spending is forecast to reach $12.5 billion next year and $15.4 billion in 2015.
"Thailand is our second-largest operation in Asean, contributing up to 30% of Fujitsu's Asia-Pacific revenue, behind Singapore, which generates half the total," said Mr Kunimaru.
Globally, Fujitsu took in revenue of 1.4 trillion baht in fiscal 2012, up by 4%, for a net profit of 13 billion.
Of that revenue, 66% came from Japan, 18.1% from Europe, 9.2% from Asia Pacific and 6.4% from the US.
Some 62% of the revenue stemmed from computers and applications, 24% from mobile devices excluding mobile phones and 12.3% from semiconductors.
About the author
- Writer: Srisamorn Phoosuphanusorn
Position: Deputy Business Editor