INET Expands Digital Infrastructure for Data Sovereignty

MGR Online•Economy•6d ago

Reader Briefing

Internet Thailand Public Company Limited reports growth in Cloud and Digital Infrastructure services driven by domestic data storage and processing needs.

•Internet Thailand Public Company Limited had second quarter revenue of 876.58 million baht, a 13% increase year-on-year.
•Internet Thailand Public Company Limited reports cumulative Virtual Machine Instances (VMIs) totaling 117,077.
•Internet Thailand Public Company Limited is developing the EduPass system with the Ministry of Education.
•Internet Thailand Public Company Limited is developing INET-IDC4 to support AI and high-processing Cloud demands.

Overview

•Internet Thailand Public Company Limited reported second quarter revenue of 876.58 million baht, representing 13% growth compared to the same period last year.
•Internet Thailand Public Company Limited reached 117,077 cumulative VMIs, reflecting increased demand for domestic Cloud and Digital Infrastructure.
•Growth was supported by Digital Transformation operations of the Ministry of Education and increased private sector demand for Enterprise Architecture (EA) services.
•Internet Thailand Public Company Limited is developing the EduPass system for digital educational data and identity management in collaboration with the Ministry of Education.
•Internet Thailand Public Company Limited expects EduPass to be operational within 6 months, with the first system installation planned for January 2027.
•Internet Thailand Public Company Limited is developing INET-IDC4 to accommodate expanded Cloud services and AI technology growth.
•Wallachai Wechchiwadumrong stated that the company focuses on Data Sovereignty and domestic data storage to reduce reliance on foreign technology.

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Key Quotes

Wallachai Wechchiwadumrong

"The company continues to have a growth trend, with total revenue from sales and services of 876.58 million baht, growing 13%, and cumulative VMIs at 117,077 VMIs."

บริษัทฯ ยังคงมีทิศทางการเติบโตอย่างต่อเนื่อง โดยมีรายได้จากการขายและให้บริการรวม 876.58 ล้านบาท เติบโต 13% และมีจำนวน VMI สะสมอยู่ที่ 117,077 VMIs

Key Entities

Organization

Internet Thailand Public Company Limited(บริษัท อินเทอร์เน็ตประเทศไทย จำกัด (มหาชน))

A provider of Local Cloud, Digital Infrastructure, and digital platforms in Thailand, also known as INET.

Ministry of Education(กระทรวงศึกษาธิการ)ℹ️

A government agency collaborating with Internet Thailand Public Company Limited on Digital Transformation and the EduPass system.

Person

Wallachai Wechchiwadumrong(วัลล์ชัย เวชชีวะดำรงค์)

Deputy Managing Director and Chief Financial Officer of Internet Thailand Public Company Limited.