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INSIGHTS

Thai companies remain positive: TSOLUTIONS

Thai companies remain positive: TSOLUTIONS
TSOLUTIONS is a distributor mainly for VIVOTEK video surveillance products and is primarily focused on the retail sector, with major projects such as Siam Paragon, Siam Center Central, HomePro, MegaHome and various other retail centers, under its belt.

TSOLUTIONS is a distributor mainly for VIVOTEK video surveillance products and is primarily focused on the retail sector, with major projects such as Siam Paragon, Siam Center Central, HomePro, MegaHome and various other retail centers, under its belt. TSolutions is also active in the industrial sector, providing solutions for major parts manufacturers in the automobile industry. It is enjoying satisfactory results from the banking sector as well.

Due to the Thai's increased adoption of smart devices and the country's steady uptake of high-speed internet and cheaper broadband services, TSOLUTIONS wants to focus its next step on providing VSaaS. This way, clients only need to buy and install simple set-up IP-based cameras and will be able to view all surveillance footage from their phones through cloud service. The company is expecting a major influx for VSaaS requests upcoming 2014.

For the year of 2013, TSOLUTIONS is expecting the IP security market growth to be about 40 percent. For last year, penetration of IP-based products had been about 70/30; this year it will likely increase and become 60/40 since all new tenders are requesting for IP-based products. VIVOTEK had achieved more than 30 percent growth for 2012 and is confidently expecting 40 percent for 2013.

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