Frasers Property Industrial joins Tencent Cloud to Enable AI-Driven Industrial & Logistics Platform

Frasers Property Industrial

Frasers Property Industrial (Thailand) Company Limited (“FPIT”), Thailand’s leading industrial property developer and wholly-owned subsidiary of Frasers Property (Thailand) Public Company Limited (FPT), reveals its recent technological advancement, the AI-Driven Industrial & Logistics Platform, providing smart and sustainable solutions at logistics parks to deliver its commitment in offering best-in-class products and services to every customer.

As an industry leader for over three decades, FPIT has constantly been evolving, and digital technology adoption has been one of the key areas the Company has embraced to provide comprehensive services. With the new AI and IoT technologies that become increasingly useful for industrial uses, FPIT has planned to invest further to elevate standards and practices in the industry by opting for enhanced and reliable systems operated by AI.

To drive the success of the AI-Driven Industrial & Logistics Platform, FPIT has joined forces with Tencent Cloud, the cloud business of Tencent (Thailand) Company Limited, a leading provider of entertainment platforms and world-class technology solutions. Tencent Cloud will enable FPIT to fully optimize the use of AI and cloud services in this initiative.

With cutting-edge technology readiness, FPIT can utilize computer vision, geofencing technology, drone inspection, and machine learning to serve and protect the properties and customers with global-standard services and environmental monitoring systems to ensure sustainable practices. For example, customers will benefit from convenient yet reliable security checks for vehicles. On top of that, customers will enjoy a high-quality monitoring system on gas emissions, energy consumption, etc.

At present, the Platform is being used across 80% of logistics parks managed by FPIT. The Company aims to roll out the AI technology to all its logistics parks shortly, with S-curve industries being high on the agenda.

Mr. Sopon Racharaksa, Chief Executive Officer of Frasers Property Industrial (Thailand), said: “This collaboration with Tencent Cloud will enable our logistics parks to become ‘Smart & Sustainable Logistics Parks’ of a global standard. We are the first in the industry to develop AI-driven logistics parks. Aligned with the country’s Industry 4.0 plan to power the economy with smart digital technology, the deployment of this technology will transform our logistics parks into AI-enabled properties that provide an enhanced level of security for our customers. Meanwhile, air pollution can be monitored and minimized to support the sustainability of the logistics industry.”

Mr. Chang Foo, Chief Operating Officer of Tencent (Thailand), said: “The collaboration with FPIT is another major milestone for our business. This opportunity allows us to utilize Tencent Cloud’s intelligent technologies and solutions to support the AI-driven Platform. Tencent Cloud is a recognized leading provider of high-performance, secure and stable cloud products and services. Together with our Thai-based service support team and in-country data centres for fast and secure data handling, we are confident that Tencent Cloud will support FPIT in maximizing its property management capabilities and delivering global standard services for their customers.”

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Ryan is the Digital Marketing and Content Creation Manager for Trade and Logistics Siam Ltd. He provides a creative flair to the team and his resourcefulness helps to bring an imaginative improvement to both literary archetypes and online content production. A writer by day and a rider by night, when he's not composing the latest logistics news update or creating compelling copy for our clients, Ryan spends his free time travelling Thailand by motorbike.