• This milestone is regarded as a significant development in Thailand, as the government sector, represented by the Ministry of Industry (MoI), the Industrial Estate Authority of Thailand (IEAT), and the Federation of Thai Industries (FTI), joins forces with the private sector, with “LIV-24” organising the major event of the year. This collaboration aims to overcome limitations and advance towards a sustainable industrial era with the support of “Artificial Intelligence (AI)” and “Industrial Tech”.
• Many business operators are accelerating their adoption of global trends, understanding that “Industrial Technology”, or intelligent solutions, are crucial mechanisms for increasing production efficiency and enhancing Thailand’s ability to become a centre for world-class industries.
• Strong indications show that the production chain, technology, and logistics are critical factors that can affect industries and pose significant risks to businesses, often being the primary causes of disruptions in work processes.
The Ministry of Industry (MoI), the Industrial Estate Authority of Thailand (IEAT), the Federation of Thai Industries (FTI), and LIV-24 Company Limited are jointly organising the grand event of the year, presided over by the Minister of Industry, Ms Pimphattra Wichaikul. She presented a vision and reiterated the national policy to elevate Thailand to become a centre of world-class industries at the “LIV-24 Industrial Tech Revolution Seminar: Surmounting the Limitations to Advance Towards the Sustainable Industrial Era” with the help of “Artificial Intelligence (AI)” and “Industrial Tech”. This pivotal event is being attended by over 200 leaders from various business sectors.
Ms Niramon Direkmahamongkol, Managing Director of LIV-24 Company Limited (LIV-24), stated, “The industrial sector is one of the key business groups driving the country’s economy, creating jobs across many strata of society, while also driving industrial development and advancing the country’s technological capabilities. Today, we conduct our businesses with the aid of AI. In this context, AI is not something to be wary of but rather a tool that can create added value for businesses, stimulating changes in work practices to align with global economic and social situations. Thai business operators have been placing great importance on this issue, introducing various technologies and innovations to create added value for their businesses, increasing competitiveness from upstream (research & development, design, and raw material sourcing) and midstream (production, waste management) to downstream (logistics, distribution, and after-sales services), enabling businesses to become more adaptable and better equipped to cope with risks and external factors, thereby achieving sustainable growth.”
At LIV-24, we are experts in designing solutions that meet the needs of all types of entrepreneurship. We support more than 130 projects across various industries and have successfully completed 500,000 cases, with zero incidents of danger to life and property. We offer Thailand’s first “Solutions for Industrials” by combining “Industrial Technology” solutions with AI, integrated with human expertise to fulfil the diverse demands of customers in the industrial sector. These solutions include fire protection, AI CCTV analytics, IoT monitoring systems, vehicle fleet management, waste water management, and energy management, all centralised within a single “Command Centre” that provides real-time support 24 hours a day, 7 days a week. This integration helps increase operational efficiency, enabling in-depth data analysis, which allows factories to operate at maximum capacity, reducing downtime and boosting productivity. We also enhance safety with 24-hour intelligent detection and warning systems that help prevent accidents, creating a secure working environment, reducing energy costs, maintaining equipment, and lowering carbon emissions. This constant vigilance results in a total cost reduction for businesses of up to 20 percent. Currently, our main customer groups include industrial factories, mixed-use developments, real estate projects, and office buildings, with a combined asset value of over 300 billion baht.
“Key factors that can significantly impact the competitiveness of industries include the production chain, technology, logistics infrastructure, ease of doing business, capital, and availability of raw materials. These are all crucial elements that affect entrepreneurs' competitiveness. LIV-24 will be a key driver in creating comprehensive solutions. We can analyse data and quickly anticipate potential issues, while our human staff can assist in making decisions and resolving problems promptly. The important collaboration happening today will help strengthen the Thai industrial sector to compete internationally and marks another significant step towards elevating the country to ultimately become the centre of industry and innovation in the region,” added Ms Niramon.
Associate Professor Veeris Ammarapala, Governor of the Industrial Estate Authority of Thailand (IEAT), said, “As a state enterprise under the Ministry of Industry, IEAT is committed to driving the organisation’s plan to effectively achieve its goals. IEAT recognises the importance of private sector investment in driving the country’s economy. This year, IEAT has set an investment recovery plan by shifting from its role as a ‘regulator’ to becoming more of a ‘facilitator’, focusing on supporting entrepreneurs in all aspects to build full confidence among investors. This includes elevating industrial estates to meet international standards with sustainable innovations, promoting them as ‘eco-industrial towns’, encouraging efficient resource management to reduce greenhouse gas emissions, and emphasising effective waste management. I am confident that the industrial sector in Thailand remains a strong player in the economy, despite facing various challenges. I believe that LIV-24 represents another important solution that will help increase business efficiency through AI technology and is ready to contribute to fostering smart industrial estates, as well as upgrading Thai industries to be on par with international standards.”