ABeam Consulting (Thailand) unveils new idea from Big Data for automobile business from the winning team of Hackathon by Tri Petch Group X ABeam

Event Calendar Press Releases Thursday November 8, 2018 12:22
Bangkok--8 Nov--Absolute PR

ABeam Consulting (Thailand) Co., Ltd. --a subsidiary of ABeam Consulting Ltd. in Japan providing business transformation services disclosed the result of the "Hackathon by Tri Petch Group X ABeam" in cooperation with Tri Petch Group and ABeam Consulting (Thailand) at the recent CEBIT ASEAN THAILAND 2018 to find innovators for automobile business innovation. There were 3 contestants participating in the contest to initiate an innovative business idea from "Vehicle Insight Data" –Big Data from Tri Petch Group. The award-winning idea has used the Big Data to increase the value of vehicle in the second-hand car market. ABeam urged enterprise to manage large amount of data into Big Data and use it for business development as well as business information in business decision making.

Mr. Ichiro Hara, Managing Director of ABeam Consulting (Thailand) Ltd. --a subsidiary of ABeam Consulting Ltd. in Japan providing business transformation services revealed that after ABeam Consulting (Thailand) joined hands with Tri Petch Group arranging "Hackathon by Tri Petch Group X ABeam" to search for innovators developing innovative ideas for automobile business in the recent CEBIT ASEAN THAILAND 2018, there were 3 teams with 10 people participating the contest. Tri Petch Group's Big Data – "Vehicle Insight Data" for instance, driving information such as speed, time of brake, accelerator, etc. was provided to contestants to use for new concept or idea of innovation for automobile service businesses development.

The winning team in the "Hackathon by Tri Petch Group X ABeam" was Team "ADME" comprising of 4 undergraduate students -- Thatchapong Asawasirisilp, Pattaraphoom Sawasdee, Setthawuth Tangserisuk, and Vitchayut Sirithanasart from Automotive Design and Manufacturing Engineering, Faculty of Engineering, Chulalongkorn University. The team came up with an idea using the Big Data in second-hand automobile market under the concept that used car price should be different from each driving behavior which impacts to different car condition, by taking the Big Data to analyze driving behavior and adding value to customer with customer's automobile driving report. The report benefits customers to improve their driving behaviors and can be used when estimating their used-car price, which will benefit both car owners and second-hand business owners, Mr. Hara explained.

The innovation from Hackathon is one important part of Digital Transformation ABeam defined, that is, to realize real customer value, enterprises need to connect their digitized data. ABeam has demonstrated how individual big data asset (Tri Petch vehicle insight) can be leveraged by other enterprise through this contest.

"The innovative ideas from the "Hackathon by Tri Petch Group X ABeam" demonstrate the important and need that enterprises under digital transformation to manage and utilize their Big Data. Nowadays, evolution of IoT technology creates plenty of data for businesses; therefore, enterprises must have both Improvement of Data Analytics from Training, Test Analytics Approach, Technical Support and Data Analytics System Deployment covering from Strategy, Human & Organization, Business Process as well as Systems. Focusing on both Improvement of Data Analytics and Data Analytics System Deployment will allow all division in their organizations can do data analysis from Big Data for the right business decision making and for new innovation initiatives to be competitive in the constantly fast changing market", said Mr. Hara.

About ABeam Consulting (Thailand) Ltd.

ABeam Consulting (Thailand) Ltd. is a subsidiary of ABeam Consulting Ltd. –headquartered in Tokyo having 5,000 people serve more than 800 clients throughout Asia, the Americas and Europe. Providing consulting services in Thailand since 2005, ABeam Consulting (Thailand)

provides business transformation services that create strategic advantage, improve business processes, leverage technology innovation and enhance organizational performance for leading companies in Thailand. Moreover, ABeam has been in a strong partnership with SAP and provided services by SAP-certified consultants to achieve clients' transformation. ABeam partners with clients to diagnose and solve their real challenges with solutions that combine industry and operational best practices with technical expertise. Pragmatic approaches ensure that clients gain measurable value more quickly. With the management philosophy to be "Real Partner", ABeam provides real people, real solutions, and real results to ensure clients' success. For more information, please visit https://www.abeam.com/th/en

Latest Press Release

Photo Release: Muang Thai Life Assurance Joined Forces with Grab for Valuable Customers Be Ready to Elevate Grab Drivers Standard of Living

Mr. Sara Lamsam, the President and Chief Executive Officer of Muang Thai Life Assurance Public Company Limited, and Mr.Tarin Thaniyavarn, Country Head of Grab Thailand, announced at Head Office of Muang Thai Life Assurance that the parties joined forces...

Pampers and Lazada Partner to Bring Second Super Brand Day to Parents Across Southeast Asia

Pampers, the world's most recognised baby diaper brand, is teaming up with Lazada to present Pampers Super Brand Day on LazMall on 26 July 2019. Ahead of the sale day, Pampers today activated its Baby Treasure Hunt on Lazada – a month-long activity...

Photo Release: Ms. Ying Chen, the 1st recipient of Mr. Edmond Yue Student Exchange Scholarship Program at AIT

On 17 July 2019, Dr. Eden Y Woon, President of the Asian Institute of Technology (AIT) presented a mock cheque to Ms. Ying Chen, a Master's student in AIT's School of Management, who is the first recipient of the Mr. Edmond Yue Student Exchange...

Flexible workspace leader Regus launches new franchise programme in Thailand

Regus, the world's leading flexible workspace provider, has launched a new franchise scheme in Thailand at the Thailand Franchise & Business Opportunities 2019, held at BITEC, Bangna. The new programme allows Thai franchise operators to enter the...

Photo Release: Australian Trade Mission Inspects WHA Smart Warehouse at WHA Mega Logistics Center

WHA Corporation PCL recently welcomed a delegation of businessmen accompanied by the Australian Trade and Investment Commission (Austrade) for a tour of a WHA Smart Warehouse at the WHA Mega Logistics in Samutprakarn. The comprehensive visit, headed by...

Related Topics