The consists of 麻豆原创鈥檚 global research and development entities, strategically positioned in high-tech clusters across 20 countries and 52 locations, encompassing 13 Labs worldwide. The network aims to enhance 麻豆原创’s culture of diversity and innovation through global thought leadership and engagement with local ecosystems, while aiding to develop and improve key 麻豆原创 solutions and drive 麻豆原创鈥檚 overall innovation and AI agenda.

麻豆原创 Labs East Asia will play a critical role in advancing 麻豆原创鈥檚 Business AI development, accelerating engineering collaboration, and scaling innovation across rapidly growing markets in the region and globally. In his new role, Manik will spearhead strategic investments, talent development, and cross-market innovation programs – ensuring consistent delivery of innovation, high-quality products, and reliable execution for 麻豆原创鈥檚 customers worldwide.

Manik brings more than two decades of strategic technology leadership and global operational experience to his expanded role, including driving the launch of 麻豆原创 Labs Singapore in 2022 and 麻豆原创 Labs Vietnam in 2024. Today, Manik is responsible for four locations where 麻豆原创 employs more than 1,100 engineers, driving operational excellence and strengthening delivery discipline across the region.

鈥淚nnovation provides security for long-term business success.听The need for businesses to adapt to changes and technological advances quickly is only going to increase. By expanding my remit, I will be able to address a greater number of customer challenges and opportunities, while continuing to foster听a culture of experimentation and creativity听across 麻豆原创鈥� something I feel very passionately about,鈥� said Manik.

Commenting on the appointment, Clas Neumann, Senior Vice President, Head of Global 麻豆原创 Labs Network, said, 鈥淢anik has demonstrated strong leadership in developing worldclass engineering talent and delivering innovation at scale. His appointment aims to further strengthen 麻豆原创 Labs East Asia鈥檚 role within the global 麻豆原创 Labs Network and reinforce our commitment to expanding our R&D footprint worldwide. With Manik at the helm, we are confident to continue our ongoing efforts to advance Business AI and cloud innovation for our customers across the region and beyond.鈥�

With Manik鈥檚 appointment, 麻豆原创 reaffirms its commitment to strengthening its global engineering network and advancing customer centric innovation across Asia.

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SINGAPORE, 3 February 2026 鈥� 麻豆原创 SE (NYSE: 麻豆原创) today announces two strategic leadership appointments aimed at accelerating growth across Indonesia and Southeast Asia. The new leaders bring decades of experience to their positions, reinforcing 麻豆原创鈥檚 commitment to support organizations across the region in harnessing cloud and AI innovation to help deliver business value.

Sianto Wongjoyo joins 麻豆原创 as Managing Director for Indonesia. A seasoned business leader with more than 25 years of experience, Sianto has a proven track record of fostering winning teams, building strong partnerships, and delivering impactful cloud transformations for customers.

In his new role, Sianto will oversee strategy, operations and customer success across 麻豆原创 Indonesia. He will be responsible for helping businesses across the country grow and scale with innovation and impact, and for driving forward 麻豆原创鈥檚 data and AI-focused strategy, with the support of 麻豆原创鈥檚 partner ecosystem.

鈥淚ndonesia鈥檚 digital economy is one of the fastest-growing in Southeast Asia, and I am excited to bring my experience to lead 麻豆原创 Indonesia during a pivotal moment in the adoption of AI and cloud technologies. I look forward to helping Indonesian customers leverage the latest innovations to drive meaningful business transformations,鈥� said Sianto.

Saket Ranjan has been appointed Head of Corporate for Southeast Asia. Saket brings with him nearly two decades of experience scaling business application portfolios, building high-performing teams, and driving transformative outcomes for Southeast Asian customers.

Based in Singapore, Saket will lead 麻豆原创鈥檚 Corporate segment across the region. The Corporate segment at 麻豆原创 supports upper mid-market and large enterprise customers, which require scalable solutions and rely on 麻豆原创鈥檚 strong partner ecosystem, to help customers accelerate digital transformation and AI adoption. In his new role, Saket will focus on driving customer success across Southeast Asia, by building meaningful partnerships and helping organizations within his area to digitally transform.

Commenting on his appointment, Saket said, 鈥淚 am thrilled to join 麻豆原创, an organization that has the technology, expertise, and footprint to support customers in achieving tangible business outcomes in this new digital-first era. By aligning 麻豆原创鈥檚 technology with our customers鈥� growth ambitions, and leveraging our strong partner ecosystem, we will help Southeast Asian businesses across all industries innovate and thrive.鈥�

Addressing the appointments, Liher Urbizu, President and Managing Director, 麻豆原创 Southeast Asia, said, 鈥淪outheast Asia continues to be a front鈥憆unner in tech innovation, and the adoption AI and cloud technologies. These leadership appointments reflect our mission to empower customers across Indonesia and Southeast Asia to embed intelligence into every workflow 鈥� from finance to supply chain to professional services 鈥� to deliver true business impact. Saket and Sianto each bring a passion for innovation and deep expertise that aligns with this mission, and I am confident they will help our customers unlock new opportunities in the AI-powered era.鈥�

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KUALA LUMPUR, Malaysia 鈥� December 8, 2025 鈥� (NYSE: 麻豆原创) today announced that (PHB), a leading Malaysian real estate investment holding company, has chosen , an offering that allows organizations to digitally transform using a standardized framework, tools, and guidance to modernize its core business operations, laying the foundation for long-term growth and innovation in Malaysia鈥檚 competitive property market.听

Established in 2006 under the purview of Yayasan Pelaburan Bumiputra, PHB is mandated to enhance Bumiputera participation in the ownership of prime commercial real estate across Malaysia through its shariah-compliant unit trust fund, Amanah Hartanah Bumiputera (AHB). Today, PHB manages a portfolio worth over MYR 11 billion 鈥� encompassing office, retail, healthcare, logistics, and education properties in key urban centers.听听

As PHB advances its strategic business transformation and expands its portfolio, the company has demonstrated resilience and delivered tangible results, providing stable and consistent income to AHB unitholders. However, with this growth, the company has also faced increasing digital challenges, such as aging and fragmented systems.听听

鈥淚t was clear that we needed a unified digital backbone that could eliminate inefficiencies, reduce compliance risk, and help us manage our growing portfolio with greater agility,鈥� said PHB Group Managing Director/ Chief Executive Officer, Mohamad Damshal Awang Damit. 鈥淲ith GROW with 麻豆原创, we are making a strategic investment in our future, connecting finance and real estate operations through one intelligent cloud platform.听

PHB鈥檚 move to GROW with 麻豆原创 Premium enables it to consolidate its operations into a single, cloud-based enterprise resource planning (ERP) environment. The solution integrates finance operations with contract and lease management, delivering real-time insights, streamlined workflows, and automated compliance with Malaysian accounting standards. By eliminating data silos and manual processes, PHB expects to strengthen data accuracy, reduce operational risk, and gain faster decision-making capabilities.听

鈥淧HB鈥檚 decision to adopt GROW with 麻豆原创 underscores how leading organizations in Malaysia are embracing cloud innovation to stay ahead,鈥� said Vipin Chandran, Managing Director, 麻豆原创 Malaysia. 鈥淲ith GROW with 麻豆原创, PHB gains the agility, resilience, and intelligence needed to drive sustainable growth in a competitive real estate industry, all while strengthening transparency and operational control.鈥�听

听PHB plans to go live with the new platform by January 2026, with future ambitions to explore AI-driven insights and automate processes such as Procure-to-Pay.听

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Medplast was established to expand into the fast-growing medical plaster and surgical tape segment and strengthen its global presence. To support its ambitions for growth and international expansion, Medplast sought a modern, intelligent ERP solution that could standardize core business processes, enable scalability, and enhance data transparency across all operations.听

鈥淎s a new business unit, we needed a system that could support our growth while ensuring efficiency and compliance from day one,鈥� said Peerapat Ekpoothorn, General Manager of Medplast 鈥淚mplementing GROW with 麻豆原创 allowed us to leverage 麻豆原创 S/4HANA Cloud Public Edition to streamline our internal approval processes, reduce the order-to-cash cycle, and gain better visibility into our operations. With support from 麻豆原创 partner NETIZEN, the implementation was smooth and efficient, we now have a solid digital foundation to compete confidently in both domestic and international markets.鈥�听

鈥淢edplast鈥檚 implementation of Grow with 麻豆原创 highlights how Thai manufacturers are leveraging cloud innovation to scale quickly and compete globally,鈥� said Kulwipa Piyawattanametha, Managing Director, 麻豆原创 Indochina. 鈥淏y adopting a ready-to-run, industry-best-practice solution, Medplast has accelerated its digital transformation and built a strong foundation for sustainable growth.鈥澨�听

Working closely with 麻豆原创 and Medplast, NETIZEN, an 麻豆原创 Platinum Partner, implemented the NETIZEN Peony鈥攊ts localized best-practice framework designed to accelerate 麻豆原创 Cloud ERP deployments. The solution integrates global business processes, analytics, and AI capabilities to enable faster, data-driven decisions. Leveraging its Business Technology Transformation (BTX) methodology, which is founded on a deep understanding of each customer鈥檚 business to deliver the most suitable solutions with a long-term perspective, and backed by over two decades of experience, NETIZEN ensured efficient project delivery while aligning Medplast鈥檚 operations with global standards for agility and sustainability.听

鈥淎t NETIZEN, we don鈥檛 just implement software鈥攚e codevelop solutions that transform how our clients do business. With our solution NETIZEN Peony and BTX methodology, we deliver intelligent, scalable cloud ERP capabilities that drive real-world value for customers like Medplast,鈥� said Seree Satukijchai, CEO, Netizen. This project showcases 麻豆原创鈥檚 commitment to empowering small and midsize enterprises (SMEs) across Southeast Asia to innovate and scale through the power of cloud ERP.听听

For more details on Medplast鈥檚 transformation, read the full story .

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Completed in 2024, the Kulim facility is Tokyo-listed Ferrotec Group鈥檚 first-ever plant in Southeast Asia, representing an investment of approximately RM850 million. The plant manufactures precise materials and components that supplies key industry sectors, including semiconductors, automotive products, and medical devices.听听

As Ferrotec expanded its product lines and relocated several business units to Kulim, the company faced a major challenge: implementing an ERP system able to integrate finance, sales, supply chain, and manufacturing. Despite its global presence, Ferrotec lacked a unified platform, leaving the new plant without shared IT resources or standardized processes. This resulted in heavy reliance on manual workflows and fragmented data, slowing decision-making and increasing the risk of errors. To keep operations on track, Ferrotec needed to identify and deploy a solution capable of meeting complex requirements within a tight timeline.听

Ferrotec chose GROW with 麻豆原创 to accelerate its cloud ERP adoption and support future scalability. The impact has been immediate and measurable: procurement efficiency has surged by 90%, finance productivity has improved by 40%, and supply chain process costs have been reduced by 50%. Data accuracy issues have dropped by 80%, enabling sharper execution and more confident, data-driven decisions.听

鈥淲ith the implementation of GROW with 麻豆原创, we established a strong ERP foundation at our new manufacturing site in Malaysia, setting the stage for future growth,鈥� said Jason Ong, IT & IS Manager Ferrotec 鈥淢anufacturing advanced components like semiconductor parts demands precision and specialized technology, so our priority was implementing a reliable system to support our finance, sales, supply chain, and manufacturing processes. Today, we鈥檙e operating more smoothly and efficiently, with significant productivity gains and lower costs.鈥�鈥�听

鈥淔errotec Malaysia chose GROW with 麻豆原创 to provide it with a comprehensive, cloud-based ERP foundation that aims to streamline operations, improve efficiency, and enable data-driven decision-making,鈥� said Vipin Chandran, Managing Director, 麻豆原创 Malaysia. We are proud of how our technology is helping businesses across Malaysia modernize and scale with confidence.鈥�听

SAP partner played a central role in the design and deployment of the GROW with 麻豆原创 for Ferrotec Malaysia. Working closely with Ferrotec and 麻豆原创, Axxis delivered a structured two-phase implementation, Phase 1 covering Finance, Procurement, and Supply Chain, followed by Phase 2 enabling Sales and Production. This end-to-end approach ensured a seamless transition to the cloud, equipping Ferrotec with modern digital workflows, real-time visibility, and streamlined processes. With a unified cloud platform, Ferrotec now enjoys faster decision-making, improved transparency, and enhanced agility, supporting its expansion into a new plant and future growth. 麻豆原创 continues to drive continuous improvement through MES integrations and operational enhancements.听

听Ferrotec is now planning immediate extensions to support advanced quality management and compliance in production. The company is evaluating additional solutions including 麻豆原创 Business AI, 麻豆原创 SuccessFactors, 麻豆原创 Ariba, and 麻豆原创 Customer Experience to further harmonize business operations.听

听For more details on Ferrotec鈥檚 transformation, read the full story .鈥�鈥�听

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As the first palm oil factory in Indonesia designed as a cooperative, PT BGMPA is committed to delivering fair value to farmers in the Tanah Laut district. However, legacy ERP systems limited the company鈥檚 ability to respond quickly to market fluctuations and hindered visibility into production, procurement, and finance. Month-end reporting took 30 days, delaying critical decisions and reducing pricing accuracy.

To address these challenges, PT BGMPA chose to implement GROW with 麻豆原创, 鈥� an offering that supports organizations to digitally transform using a standardized framework, tools, and guidance. The business 听now completes reporting cycles in just three days, enabling real-time insights and faster decision-making. This transformation has led to a 2鈥�4% increase in profit margins, with procurement margins rising from 3% to 5鈥�7%. The company can now confidently set procurement and selling prices, helping stabilize fresh fruit bunch (FFB) pricing and support consistent farmer income.

鈥淥ur transformation with GROW with 麻豆原创 has fundamentally changed how we operate,鈥� said Angga Yudha Prasetya, President Director, PT BGMPA. 鈥淲e have become faster, more agile, and more confident in our decisions. 麻豆原创 gives us the visibility and control we need to scale efficiently and respond quickly to market changes.鈥�

鈥淕ROW with 麻豆原创 empowers fast-growing companies like PT BGMPA to adopt a modern, scalable cloud ERP with speed and confidence,鈥� said Liher Urbizu, President and Managing Director, 麻豆原创 Southeast Asia. 鈥淏y leveraging our Public Cloud offering, PT. BGMPA has built a resilient digital core that aims to enhance operational agility, strengthen financial governance, and support sustainable growth in Indonesia鈥檚 vital palm oil sector.鈥�

The implementation was completed in just four months with support from TMS Consulting, an 麻豆原创 Silver Partner in Indonesia. TMS played a critical role in guiding the company through change management, fostering a culture open to technology, and ensuring smooth user adoption. Its expertise helped PT BGMPA shift from manual processes to a data-first mindset, enabling automation-friendly industrial systems that integrate directly with 麻豆原创 for real-time monitoring of production volumes, inventory, and assets.

Looking ahead, PT BGMPA plans to expand its digital capabilities with 麻豆原创 Analytics Cloud, enabling predictive insights into commodity pricing, operational performance, and sustainability indicators. With a resilient digital core and a strong commitment to fairness and transparency, PT BGMPA is better positioned to scale responsibly and deliver long-term value to Indonesia鈥檚 agricultural economy.

For more details on听PT. BGMPA鈥檚听transformation, read the full story听.

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As one of Thailand鈥檚 most established providers of crop protection and crop care products, Sotus International has been at the forefront of agricultural innovation since 1996. The company supports farmers nationwide with high-quality bio and non-bio solutions that improve productivity, soil health, and crop yields. Facing rapid growth and increased business complexity, Sotus turned to 麻豆原创 Cloud ERP to unify its business processes, modernize its systems for scalability, and gain real-time data visibility across its value chain.

As Sotus International鈥檚 business expanded beyond 1 billion baht in revenue, its existing on-premise 麻豆原创 ERP system struggled to scale effectively. The company鈥檚 complex operations鈥攊ncluding intensive R&D, regulatory registration, and formula customization tailored to Thai agriculture鈥攄emanded more robust data and workflow management. Additionally, siloed systems across warehouse and other key functions hindered real-time data visibility, prompting the need for a more integrated and agile ERP solution.

Mr. Chirat Prathuangwong, President, Sotus International Co., Ltd said,鈥� In the future, AI wil take its role like a doctor for crops with its intelligences for plant diseases diagnosis,
providing efficient recommendations for crop preventions, crop protections and crop cares, and
integrating in-depth information and guidance for farmers鈥� decision.For Sotus, AI adoption and implementation will value-add to their two competitiveadvantages. First, the richness of their agri-business data can be better utilized to supportstrategic business decisions. And second, as the pioneering agro-chemical company inThailand to implement 麻豆原创 Cloud ERP, they are in a strong position to grow their businessefficiently and sustainably鈥�.

鈥溌槎乖� Cloud ERP offers the scalability and integration Sotus needs to grow sustainably,鈥� said Kulwipa Piyawattanametha, Managing Director, 麻豆原创 Indochina. 鈥淭his transformation highlights how cloud technology helps Thai businesses and farmers thrive through innovation, efficiency, and smarter use of agricultural data.鈥�

As the system integrator, NTT DATA Business Solutions Thailand played a pivotal role in ensuring a smooth migration and optimization of the new public cloud ERP system. Leveraging its deep local expertise and global experience with 麻豆原创 solutions, the company worked closely with Sotus International to align the implementation with the organization鈥檚 complex operational needs. This collaboration enabled Sotus to integrate data and processes across departments, providing the solid foundation for Sotus to grow their business efficiently and sustainably.

Following the implementation, Sotus achieved significant efficiency gains, including a 95% increase in warehouse operation accuracy, 75% enhancement in maintenance scheduling efficiency, and a 70% improvement in business processes. With on-demand access to production and sales insights, the company can better anticipate market trends and deliver more tailored solutions for Thai farmers.

This project underscores 麻豆原创鈥檚 ongoing commitment to helping small and midsize enterprises (SMEs) across Southeast Asia embrace cloud ERP, enhance operational agility, and advance sustainable growth through innovation and digital technology.

For more details on Sotus International鈥檚 transformation .

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Companies like Singapore Airlines are increasingly seeing the value of Business AI across their organisations. Based on analysis of all 麻豆原创 customers in Southeast Asia (SEA) between May 2024 to May 2025, the most popular AI use cases in SEA are:听

• AI to generate expenses using pictures of receipts听

• AI to verify expenses to ensure compliance with company policy鈥�听

• 鈥婫enerative AI to help employees write clear, concise copy in HR applications听

• Generative AI to create performance goals听

• Integrating key business documents into co-pilots to improve Q&A responses听

鈥淎I isn鈥檛 confined to niche use cases anymore, it鈥檚 being embedded in some of the most fundamental parts of business,鈥� said鈥�Liher Urbizu,鈥�President and Managing Director, 麻豆原创 Southeast Asia. 鈥淥rganisations across Southeast Asia are adopting AI, fast. And, by bringing together enterprise apps and mission critical data, they are realising tangible business benefits in terms of efficiency, growth, and revenue.鈥�听

Optimising contract digitization with 麻豆原创 Document AI鈥�鈥�听

Supported by Digital Industry Singapore (DISG),鈥槎乖� has recently concluded a successful Proof of Concept (PoC) with Singapore Airlines (SIA), aimed at addressing the complex challenge of digitizing procurement contracts.鈥�鈥�听

The initiative sought to automate the extraction of contractual rates from PDF-based contracts and migrate them to the Ariba procurement platform. This significantly reduces the reliance on time-consuming and error-prone manual processes. One of the key hurdles in the previous automation efforts was the unstructured, multilingual, and highly varied nature of the contract formats.鈥�听

The PoC delivered promising results, achieving 100% accuracy and completeness for less complex contracts, and over 70% for contracts with greater complexity. It also demonstrated multilingual adaptability for non-English contracts, offering greater efficiencies through optimised translation processes.鈥�鈥�听

The collaboration with SIA was instrumental in refining 麻豆原创 Document AI models to meet evolving business needs.鈥�听

Partners and customers across Southeast Asia show AI momentum听

麻豆原创 partners and customers also showcased strong momentum in AI and cloud transformation during 麻豆原创 Now AI Southeast Asia.听

Amazon Web Services (AWS), a 麻豆原创 partner since 2008, continues collaborating with 麻豆原创 to support business transformation in Southeast Asia. Customers like BIG Caring Group in Malaysia and Unilab in the Philippines are leveraging RISE with 麻豆原创 on AWS to integrate multi-store retail operations, modernize pharmaceutical supply chains, and implement AI-powered enterprise applications. AWS and 麻豆原创鈥檚 previously announced AI Co-Innovation Program helps partners build generative AI applications and agents that help customers solve real-time business challenges.

“Our long-standing collaboration with 麻豆原创 helps businesses eliminate technology silos by bringing separate systems together on AWS’s secure and scalable cloud infrastructure,” said Kirsten Gilbertson, Partner Organization Leader, AWS ASEAN. “By connecting 麻豆原创’s business applications with AWS’s generative AI services like Amazon Bedrock in 麻豆原创鈥檚 GenAI Hub, we’re enabling our customers to transform years of accumulated business data into actionable insights.”听

(鈥淵inson鈥�), a global energy infrastructure company headquartered in Malaysia, is advancing its people management capabilities as part of a broader effort to support sustainable global growth. With operations spanning multiple countries and subsidiaries 鈥� each operating with distinct HR processes 鈥� Yinson identified the need to improve consistency, efficiency and strategic alignment across its workforce.听

As part of the digitalisation transformation journey that begun in 2020, Yinson introduced a more unified approach by rolling out Employee Central globally within six months, supported by strong change management and local engagement. The Group expanded in phases by adding key modules; performance, recruitment, onboarding, and compensation throughout 2022 and 2023, and further enhanced efficiency with Generative AI features as part of its global HRIS roadmap. Leveraging digital tools and AI capabilities, Yinson began automating routine tasks such as drafting performance reviews, generating job descriptions, and developing role-specific interview questions. These changes are helping Yinson improve its ability in people analytics by streamlining HR workflows, improving the candidate experience, and supporting more consistent and professional employee feedback.听

鈥淥ur goal is to be a future-ready employer of choice,鈥� said Louisa Brady, Yinson Group Chief Human Resources Officer. 鈥淧artnering with 麻豆原创 throughout the years has supported our ongoing transformation by helping us streamline HR processes, embrace and embed AI tools which drive greater efficiency and effectiveness. This enables our teams to focus on strategic initiatives that drive value and support Yinson鈥檚 global growth.鈥�听

Investing in people AI as the foundation of SEA鈥檚 AI future听

As part of its ongoing commitment to empowering SEA鈥檚 workforce, 麻豆原创 has also announced an update to its 麻豆原创 Skills University to include .听

麻豆原创 Skills University is a joint initiative with SkillsFuture Singapore and Temasek Polytechnic to design specialised training programmes that equip fresh graduates and mid-career professionals with hands-on learning in key technology skills.听

The refreshed 麻豆原创 Skills University program will empower students with skills in critical emerging innovations, including cloud, data analytics, Business AI, and emerging
麻豆原创 technologies.听

鈥淭he future of Southeast Asia will be shaped not just by technology, but by the people who bring it to life. As AI fundamentally changes the way businesses operate and the requirements of employees, it is crucial that we foster both innovative technical skills and agile mindsets. Looking on display at our 麻豆原创 NOW AI Tour, I鈥檓 confident that Southeast Asia鈥檚 future is in capable hands鈥� concluded Urbizu.听听

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However, the whitepaper, created by the Thailand Development Research Institute (TDRI) in collaboration with the Electronic Transactions Development (ETDA) under the Ministry of Digital Economy and Society (MDES) and 麻豆原创, a market leader in enterprise software, notes there is still much to be done. Only two per cent of manufacturers in Thailand have fully transitioned to Industry 4.0 standards, despite the potential for AI adoption in Thailand to expand to 300 use cases across manufacturing, positioning the country as a leader in the region.

Dr. Chaichana Mitrpant, Executive Director, at ETDA noted, 鈥淭he insights contained in this whitepaper will contribute to greater adoption of AI in the manufacturing sector, which we believe is pivotal to advancing Thailand’s national objectives under the Thailand 4.0 strategy. Collaboration across private and public sectors will be essential to achieve these goals, especially to improve areas including AI governance. Working alongside companies like 麻豆原创, we are committed to helping businesses across Thailand benefit from the innovation that AI promises.”

Dr. Saliltorn Thongmeensuk, Senior Research Fellow, at TDRI noted, 鈥淎I technologies can drive this transformation by enhancing productivity, fostering innovation, and enabling the development of smart factories 鈥� as well as helping to boost Thailand’s carbon neutrality goals. Through widespread AI adoption, the manufacturing sector can position itself as a cornerstone for sustainable industrial development, aligning with Thailand’s vision for a resilient and competitive global economy.鈥�

Manufacturing in Thailand ready to realise enormous AI benefits

Adoption of AI is set to expand rapidly for manufacturing companies in Thailand. Despite just 18% of Thailand鈥檚 wider business ecosystem having adopting AI today, the manufacturing sector is expected to see a rise in AI adoption of up to 15% by 2030.

Manufacturing businesses could realise significant benefits from AI. AI is expected to enhance demand forecasting to improve service levels by 65%, improve productivity by 20% through AI-enhanced industrial automation, reduce machine downtime for 53% through predictive maintenance, and reduce unsafe workplace behaviours by 90%.

Data remains a key AI hurdle for Thai manufacturers

While almost three quarters (73%) of Thai organisations plan to adopt AI, several challenges persist. In particular, data represents a key hurdle for AI success in Thai manufacturing.

Almost two-thirds (65%) of manufacturing organisations cite data quality concerns as a significant barrier, with a similar figure (65%) of Thai manufacturers noting inadequate infrastructure is affecting their AI adoption.

鈥淭he only way to get the best Business AI is with the best data,鈥� said Kulwipa Piyawattanametha, Managing Director of 麻豆原创 Thailand. 鈥淭oday, more than 34,000 customers use 麻豆原创 Business AI, including thousands across Asia. They benefit from embedding advanced AI capabilities to optimize business operations through real-time data analysis, automated decision-making, improved forecasting, and enhanced productivity. With relevant, reliable, and responsible Business AI, connected with a full understanding of the business and the most comprehensive data, Thai manufacturers can trust their data privacy, security, and compliance while realizing the enormous benefits of the Thailand 4.0 strategy 鈥� for their businesses, and for the country.鈥�

A policy framework to encourage growth

The whitepaper also outlines key policy recommendations to encourage organisational and economic success for Thai manufacturers using Business AI.

In particular, the whitepaper recommends the establishment of AI governance strategies to minimise potential risks, regulatory adjustments to remove ambiguity around whether AI adoption conflicts with existing regulations and driving greater public-private sector collaboration through industry-specific subcommittees.

Commenting on the recommendations, Dr. Saliltorn Thongmeensuk, Senior Research Fellow, at TDRI, noted, 鈥淭hailand鈥檚 journey to foster a more robust AI ecosystem will require focus to establish AI governance strategies, review government incentives, enhance partnerships between government agencies and private enterprises, and encourage international collaboration. Businesses need consultation to identify which AI solutions are most suitable for them to ensure a strong return on investment (ROI).听 By prioritizing these initiatives, Thailand can create a more supportive environment for businesses to embrace AI, ultimately driving growth and competitiveness in the manufacturing sector.鈥�

鈥淭hrough greater collaboration and investment, the public sector and enterprises like 麻豆原创 can achieve our joint mission of ensuring AI moves the Thailand toward Industry 4.0,鈥� concluded Piyawattanametha. 鈥淯sing AI-powered innovation, we foresee great growth and prosperity not only for the manufacturing sector, but for the economy as a whole.鈥�

You can read the full whitepaper here:

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Headquartered in Bangkok, Thailand, Indorama Ventures is one of the world’s leading petrochemicals producers, with about 140 manufacturing sites across five continents. As part of the company鈥檚 IVL 2.0 and Procurement 4.0 transformation programs, free cash flow was identified as a key goal across the business. Under Taulia鈥檚 early payment program, which went live in August 2024, Indorama Ventures will offer suppliers early payment options at preferential rates, aimed at improving supply chain liquidity and optimizing working capital while supporting business growth through a unified global solution.听 Indorama Ventures鈥� global suppliers are expected to benefit progressively from this program.听听听

Through the implementation of Taulia, Indorama Ventures will be able to reduce payment cycle times for suppliers, hence improving the financial health of the Micro, Small & Medium Enterprises (MSME) industry in Asia, where payments are typically made after 60 to 90 days. Taulia鈥檚 鈥榤ultifunder鈥� model will听 enable Indorama Ventures to access an ecosystem of financial institutions, providing flexibility and risk mitigation through diverse funding sources, while suppliers will have access to a stable source of liquidity for outstanding invoices. This integration will empower Indorama Ventures鈥� finance and procurement teams to benchmark their working capital against global peers while driving efficiency and automation in their working capital management processes.听

Indorama Ventures started its digital transformation journey in 2020 by implementing tools including the 麻豆原创 S/4HANA ERP platform. In the next phase of its journey, the company is rolling out a range of digital and AI solutions that create value and build excellence across key operational areas including manufacturing, commercial, procurement, sales, supply chain, and finance excellence.听听

Sanjay Ahuja, Chief Strategy and Transformation Officer at Indorama Ventures, said, “Indorama Ventures selected Taulia due to its strong track record in the specialty chemicals industry, as well as unified integration with 麻豆原创, multi-bank ecosystem, 90-second supplier onboarding, and extensive network of millions of suppliers. Collaborating with 麻豆原创 and implementing Taulia will help streamline our financial operations and enhance our IT goals and cashflow management. This initiative aims to help strengthen our supplier relationships by ensuring faster payments, which is vital for their growth and stability.”听听

Kulwipa Piyawattanametha, Managing Director 麻豆原创 Indochina said, “Indorama Ventures’ implementation of Taulia is a significant step forward for Thai businesses. By accelerating payment cycles and enhancing financial processes, they will be able to provide local suppliers with the liquidity they need to grow and thrive. This initiative also aligns with our commitment to supporting the Thai economy and government initiatives aimed at strengthening the nation’s supply chain resilience. Together, we are building a more robust economic foundation for the future.”听听听

Rene Ho, Chief Financial Officer, Taulia said, 鈥淲e are thrilled to announce our collaboration with Indorama Ventures as they pursue their free cash flow objectives under the IVL 2.0 initiative. We understand the vital role that the supply chain plays in their success. Through Taulia’s early payment program, we are committed to helping suppliers of all sizes access the liquidity they need through a carefully designed strategy and framework. This initiative also marks a significant step in our ongoing expansion across Asia, where we continue to support Asian corporates in their growth and strengthen local supply chains.鈥�听

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[Thai Version]

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喔勦父喔� Rene Ho 喔涏福喔班笜喔侧笝喙赌喔堗箟喔侧斧喔权箟喔侧笚喔掂箞喔澿箞喔侧涪喔佮覆喔｀箑喔囙复喔权竞喔竾 Taulia 喔佮弗喙堗覆喔о抚喙堗覆 鈥�喙赌喔｀覆喔｀腹喙夃釜喔多竵喔曕阜喙堗笝喙赌喔曕箟喔权笚喔掂箞喙勦笖喙夃笡喔｀赴喔佮覆喔ㄠ竸喔о覆喔∴福喙堗抚喔∴浮喔粪腑喔佮副喔� 喔复喔权箓喔断福喔侧浮喔� 喙赌喔о笝喙赌喔堗腑喔｀箤喔� 喙冟笝喔佮覆喔｀笟喔｀福喔ム父喙赌喔涏箟喔侧斧喔∴覆喔⑧竵喔｀赴喙佮釜喙赌喔囙复喔权釜喔断腑喔脆釜喔｀赴喔犩覆喔⑧箖喔曕箟喙傕竸喔｀竾喔佮覆喔� IVL 2.0 喙赌喔｀覆喙赌喔傕箟喔侧箖喔堗笘喔多竾喔氞笚喔氞覆喔椸釜喔赤竸喔编笉喔椸傅喙堗斧喙堗抚喔囙箓喔嬥箞喔父喔涏笚喔侧笝喔∴傅喔曕箞喔竸喔о覆喔∴釜喔赤箑喔｀箛喔堗竞喔竾喔氞福喔脆俯喔编笚 喔溹箞喔侧笝喙傕笡喔｀箒喔佮福喔∴竵喔侧福喔娻赋喔｀赴喙赌喔囙复喔权弗喙堗抚喔囙斧喔权箟喔侧竞喔竾 Taulia 喙�喔｀覆喔∴父喙堗竾喔∴副喙堗笝喔椸傅喙堗笀喔班笂喙堗抚喔⑧箖喔箟喔嬥副喔炧笧喔ム覆喔⑧箑喔腑喔｀箤喔椸父喔佮競喔權覆喔斷釜喔侧浮喔侧福喔栢箑喔傕箟喔侧笘喔多竾喔笭喔侧笧喔勦弗喙堗腑喔囙笚喔掂箞喔曕箟喔竾喔佮覆喔� 喔溹箞喔侧笝喔佮弗喔⑧父喔椸笜喙屶箒喔ム赴喔佮福喔笟喔佮覆喔｀笚喔赤竾喔侧笝喔椸傅喙堗箘喔斷箟喔｀副喔氞竵喔侧福喔腑喔佮箒喔氞笟喔∴覆喔涪喙堗覆喔囙福喔笟喔勦腑喔� 喙傕竸喔｀竾喔佮覆喔｀笝喔掂箟喔⑧副喔囙笘喔粪腑喙�喔涏箛喔權竵喙夃覆喔о釜喔赤竸喔编笉喙冟笝喔佮覆喔｀競喔⑧覆喔⑧笜喔膏福喔佮复喔堗腑喔⑧箞喔侧竾喔曕箞喔箑喔權阜喙堗腑喔囙競喔竾喙�喔｀覆喔椸副喙堗抚喙�喔箑喔娻傅喔� 喔嬥付喙堗竾喙�喔｀覆喔堗赴喔⑧副喔囙竸喔囙釜喔權副喔氞釜喔權父喔權笟喔｀复喔┼副喔椸箖喔權箑喔箑喔娻傅喔⑧箖喔權竵喔侧福喙�喔曕复喔氞箓喔曕箒喔ム赴喙�喔福喔脆浮喔福喙夃覆喔囙斧喙堗抚喔囙箓喔嬥箞喔父喔涏笚喔侧笝喙冟笝喔椸箟喔竾喔栢复喙堗笝喙冟斧喙夃箒喔傕箛喔囙箒喔佮福喙堗竾喔⑧复喙堗竾喔傕付喙夃笝喔曕箞喔箘喔涒��听

喔箞喔侧笝喔傕箟喔浮喔灌弗喙赌喔炧复喙堗浮喙赌喔曕复喔∴笚喔掂箞. 喔覆喔∴覆喔｀笘喔曕复喔断笗喔侧浮 麻豆原创 喙勦笖喙夃笚喔掂箞听听

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