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High-Growth companies of Artificial Intelligence in Thailand

19/10/24

By:

Cuong Le

Artificial Intelligence conference

Here are some high-growth companies in the Artificial Intelligence (AI) sector in Thailand, recognized for their innovation and rapid expansion:


1. AI and Robotics Ventures (ARV)
Headquarters:
Bangkok, Thailand
Estimated Revenue (2023): USD 50-70 million
Employees: 300+ (Thailand)
Main Business: AI and Robotics Ventures (ARV) is a subsidiary of PTT Exploration and Production (PTTEP), focused on developing AI and robotics solutions for various industries, including energy, agriculture, and healthcare. ARV is known for its cutting-edge AI applications in autonomous inspection, predictive maintenance, and precision farming.
Key AI Products/Services: AI-driven robotics, autonomous inspection systems, predictive maintenance solutions, and precision farming technologies.
Website: ARV



2. Data Wow
Headquarters:
Bangkok, Thailand
Estimated Revenue (2023): USD 10-15 million
Employees: 150+ (Thailand)
Main Business: Data Wow is a fast-growing AI company in Thailand that provides data annotation, AI model training, and machine learning services. The company supports businesses by creating AI-driven solutions that enhance data analysis, improve customer experience, and automate processes.
Key AI Products/Services: AI-driven data annotation, machine learning model training, and AI-powered business solutions.
Website: Data Wow



3. Amity
Headquarters:
Bangkok, Thailand
Estimated Revenue (2023): USD 20-30 million
Employees: 400+ (Global, with a significant presence in Thailand)
Main Business: Amity specializes in AI-driven social and communication technology, offering platforms that enable businesses to build social features directly into their apps and websites. Their flagship product, Amity Social Cloud, helps companies enhance user engagement and build communities through AI-powered tools.
Key AI Products/Services: Amity Social Cloud (AI-powered social platform), AI-driven user engagement tools, and AI-enhanced community building solutions.
Website: Amity



4. Advance.ai (Thailand Operations)
Headquarters:
Bangkok, Thailand (Global HQ in Singapore)
Estimated Revenue (2023): USD 50-70 million (Southeast Asia)
Employees: 1,000+ (Global, with a growing team in Thailand)
Main Business: Advance.ai provides AI-driven solutions for financial services, including credit scoring, fraud detection, and identity verification. In Thailand, the company is rapidly expanding its services to help financial institutions leverage AI to improve decision-making and enhance security.
Key AI Products/Services: AI-powered credit scoring, AI-driven fraud detection, and AI-based KYC (Know Your Customer) solutions.
Website: Advance.ai



5. Beehive Asia
Headquarters:
Bangkok, Thailand
Estimated Revenue (2023): USD 5-10 million
Employees: 100+ (Thailand)
Main Business: Beehive Asia is an AI-powered marketing and data analytics company that helps businesses optimize their marketing strategies using AI-driven insights. The company offers solutions for customer segmentation, predictive analytics, and personalized marketing campaigns.
Key AI Products/Services: AI-driven customer segmentation, predictive analytics for marketing, and personalized marketing solutions.
Website: Beehive Asia



6. Skymind Global
Headquarters:
Bangkok, Thailand (Global HQ in San Francisco, USA)
Estimated Revenue (2023): USD 10-20 million
Employees: 200+ (Global, with operations in Thailand)
Main Business: Skymind Global focuses on enterprise AI solutions, offering deep learning platforms and AI infrastructure for businesses. The company provides AI tools that enable organizations to build, deploy, and scale AI applications efficiently, with a growing focus on Southeast Asia, including Thailand.
Key AI Products/Services: Deep learning platforms, AI infrastructure solutions, and enterprise AI consulting.
Website: Skymind Global



7. Wisesight
Headquarters:
Bangkok, Thailand
Estimated Revenue (2023): USD 10-15 million
Employees: 150+ (Thailand)
Main Business: Wisesight is a social media analytics company that uses AI to analyze online conversations and provide actionable insights for brands. The company’s AI-powered tools help businesses understand customer sentiment, track brand performance, and optimize their social media strategies.
Key AI Products/Services: AI-driven social media analytics, customer sentiment analysis, and brand performance tracking.
Website: Wisesight



8. AI GEN
Headquarters:
Bangkok, Thailand
Estimated Revenue (2023): USD 5-10 million
Employees: 100+ (Thailand)
Main Business: AI GEN specializes in AI solutions for the insurance and finance sectors, offering AI-powered automation tools that streamline underwriting, claims processing, and customer service. The company is known for its innovative approach to integrating AI into traditional financial services.
Key AI Products/Services: AI-powered underwriting automation, AI-driven claims processing, and AI-enhanced customer service tools.
Website: AI GEN



9. Voxellab
Headquarters:
Bangkok, Thailand
Estimated Revenue (2023): USD 5-7 million
Employees: 50+ (Thailand)
Main Business: Voxellab is an AI company that focuses on 3D imaging and AI-driven simulation technologies. The company’s solutions are used in various industries, including healthcare, architecture, and manufacturing, to create realistic simulations and improve design processes.
Key AI Products/Services: AI-powered 3D imaging, AI-driven simulation technologies, and virtual reality (VR) solutions.
Website: Voxellab



10. Mindtale
Headquarters:
Bangkok, Thailand
Estimated Revenue (2023): USD 5-8 million
Employees: 100+ (Thailand)
Main Business: Mindtale is an AI-driven mental health platform that uses AI to provide personalized mental health support and therapy. The platform offers AI-powered chatbots, mental health assessments, and personalized wellness programs to help users manage stress, anxiety, and other mental health issues.
Key AI Products/Services: AI-powered mental health chatbots, personalized mental health assessments, and AI-driven wellness programs.
Website: Mindtale



These companies are driving the growth of AI in Thailand across various industries, including finance, healthcare, marketing, and technology. Their innovative approaches and rapid expansion reflect the increasing importance of AI in the Thai market.


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Japan

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Vietnam

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Indonesia

Malaysia

Singapore

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