Azbil CEO Sone Serves as Panelist in Thailand Representing Japanese Business at JETRO Symposium

November  17, 2017

TOKYO, Nov. 17, 2017: At a JETRO symposium on "Thailand 4.0"* in Bangkok, Thailand, sponsored with the cooperation of the Japanese and Thai governments, Azbil President & CEO Hirozumi Sone participated in a panel discussion with the theme "Creating Business Opportunities through Japanese-Thai Cooperation."

In the panel discussion, Azbil was selected as a representative of Japanese businesses, together with 3 representatives from Thai subsidiaries run by Japanese businesses (AGC Asia Pacific Pte. Ltd., Mitsubishi Motors (Thailand) Co., Ltd., and AJINOMOTO Co., (Thailand) Ltd.), and 4 representatives from Thai businesses (PTT Global Chemical Public Co., Ltd., Amata Corporation Public Co., Ltd., Siam Cement Group, and ABSMEDiQ Wellness Center). Panelists discussed topics such as the potential of Thailand 4.0 and its future challenges as well as the possibilities for cooperation between Japan and Thailand.

During the discussion, Azbil President Sone presented the results of the azbil Group in Thailand, including the establishment of Azbil (Thailand) Co., Ltd., in 1995 and the 2013 launch of Azbil Production (Thailand) Co., Ltd., the sole manufacturer of sensor devices in Thailand. He also explained: (1) equipment diagnosis and optimal maintenance utilizing advanced sensors ("Eyes II") and (2) technology for detecting equipment warning signs in real time through effective use of big data ("Eyes III"), and said those initiatives should contribute to solving problems at petrochemical plants, like the aging of equipment and the growing risk due mainly to the retirement of skilled operators. He stated that Azbil will contribute to Thailand 4.0 by helping to solve the various problems faced by society and industrial plants using Azbil's technologies and services, such as the aforementioned smart maintenance that leverages IoT technology.

*“Thailand 4.0” refers to the Thai government’s new vision, which aims over the next 20 years to build an economic system that creates added value continuously, with “innovation,” “productivity,” and “trade in services ” as its keywords.

* Posted information is accurate as of the date of announcement.