Michael Page: Skilled employment in technology roles to push Thailand 4.0 agenda and economy forward in 2020

BANGKOK, THAILAND – Media OutReach – 12 December 2019 – Thailand is poised to enter the new decade steered
by strong business fundamentals and the government’s business-friendly agenda —
the Thailand 4.0 drive. This initiative is anticipated to move
Thailand up the economic value chain and usher in further investments across a
variety of industries including Artificial Intelligence, agritech,
infrastructure, manufacturing and automation.

Details
from the Michael Page Thailand Employment
Outlook 2020 highlights more efforts to improve economic growth by migrating from
an industry-driven economy to a technology-centric one. This race for change
will bring on continuous adaptation of emerging technologies in the country.

Kristoffer Paludan, Regional Director of
Michael Page Thailand comments,
“Thailand’s business leaders have acknowledged the importance of embracing
emerging technologies to maximise opportunities in the new digital
transformation economy. Local companies have also started to adopt more
digitally-focused solutions. Technology will lead the value add across
businesses and encompass all areas of growth to drive the economy forward.”

Other findings from the Michael
Page Thailand Employment Outlook 2020 reveal that in order to fulfill Thailand’s ambition of disruptive
innovation, the skills required will be in Artificial Intelligence (AI), Big
Data, Internet of Things (IoT), cybersecurity and IT infrastructure. The
application of these technology skills will be seen in a majority of industries
including transport, distribution, FMCG, business serves and real estate.

With continued progress in e-commerce, an
increasing number of professionals tasked with implementing new software
technologies across mobile and skilled in mobile development will be in demand.
Qualified candidates can expect a 25 — 30% average salary increase when
switching jobs within similar industries.

“Businesses
outside of technology are also implementing automation and digitising processes
in order to streamline operations. This is increasingly evident in the
transport and distribution sector due to Thailand’s e-commerce boom as well as
moves from FMCG companies to adopt omnichannel strategies when acquiring new
consumers,” observes Kristoffer Paludan.

Download the full Michael Page Thailand Employment Outlook 2020report here.

Editor’s notes: The Michael Page Thailand Employment Outlook 2020 is derived from 1,000 data points in our proprietary
data and network in Thailand, which includes job advertisements and placements
from July 2018 to June 2019.