19 Jul 65 – TISCO Bank joins hands with AAS Auto Service Company Limited (AAS) Organized a seminar to explore the technology business of the future that is an attractive mega-trend to invest in overcoming the recession, as well as draw Bluebik to give ideas for business planning in cybersecurity and cloud computing.
On July 19, TISCO Bank and AAS Auto Service Company Limited (AAS), the sole official importer and dealer of Porsche and Bentley cars in Thailand. have collaborated to organizeSeminar “In-depth Business Technology of the Future MEGATREND, a rising star transforming the world” for AAS customers at Porsche Studio Bangkok ICONSIAM
By Mr. Nuttakrit Laothaweesap Senior Director of TISCO Wealth Investment Advisors, TISCO Bank, said at the seminar that Currently, superpowers such as the United States and Europe is facing an economic recession. This can be seen from the inflation of the United States, which has reached its highest level in 40 years, causing pressure on domestic consumption of goods. Due to various situations, the US Federal Reserve (Fed) and major central banks around the world face the same problem. Initiate tight monetary policy
Both raising the policy interest rate and reducing the balance sheet (QT) size to solve the situation. But such action also has a negative effect on the stock market. Therefore, investing in the megatrend business able to fight the recession For example, the technology group of the future, which during the past 30 years (1990 – Q1/2019) has grown by 10.3% (Source: Bloomberg), it is considered a very attractive investment right now.
The outstanding businesses recommended by TISCO Bank are 1. Cloud Computing business which consists of Software as a Service, Platform as a Service, Infrastructure as a Service and 2.Cyber Security business that serves to secure customer data. which organizations around the world need to use more and unable to reduce these two parts of the cost Therefore, these two businesses have high growth prospects. Can fight economic recession, Mr. Phachara Arayakarnkul, Chief Executive Officer of Bluebik Group Public Company Limited, said on the topic of the seminar. “Planning a business strategy to keep up with technology trends” that with today’s changing world, customers are in a state of being closely monitored by various businesses and have more choices. Therefore, business strategies to win over customers Therefore, it is not just selling in the same way, but it must be offered at the right time. the right stroke and in the right place This technology will be able to help in the digital footprint that comes from studying customer behavior. Through using it on various platforms, “Currently, answering customer needs is not just the Segmentation that we used to do. but is a grouping Personalization that is assigned to 1 customer is 1 group, which now many businesses use this approach And trying to satisfy customers by studying interest patterns used on platforms like Netflix will capture behavior. and offer entertainment media to each customer according to their different interests. Therefore, businesses need to use technology to store and process in order to meet individual customers more precisely than selling in the past.”
from the importance of using technology to meet the needs of customers Therefore, data storage using Cloud Computing is inevitably necessary for more businesses. And because customer data will be stored more digitally. Therefore, businesses have to invest in Cyber Security to protect their data from being attacked. because of the damage caused
It’s not just information being hijacked. But the business also lost confidence from customers. Ms. Worasinee Sethabutr, Senior Director of Fund Product Development. and marketing communication Thanabodee Business Line, TISCO Bank, said on the seminar topic. “Choose a future technology business fund of an asset management company, which is better” that from the growth trend in future technology, TISCO Bank recommends that if investors are interested in funds that focus on Cloud Computing stocks, the interesting fund is the Open-end Fund. Sco Cloud Computing Equity (TCLOUD) Risk Level 7 (High Risk) Equity Fund that focuses on investing in companies that benefit from using Cloud Computing technology
for example Software and applications business Platform developer and developer business Storage Infrastructure Provider Business The company that owns or manages the storage space. Real estate investment trusts (REITs) related to data centers and businesses that manufacture or distribute the infrastructure used to process data. and hardware equipment for creating Cloud through the Global X Cloud Computing ETF (master fund). Therefore, there is a risk that investors may lose a large amount of their investment.
As for funds that focus on investing in the Cyber Security business, we recommend TISCO Cyber Security Fund (TCYBER) Level 7 (High Risk) Fund, focusing on investing in stocks of companies that operate cybersecurity business. that develop and manage cybersecurity and benefit from the development and use of cybersecurity technologies around the world. through investment units of foreign equity funds and/or at least 2 foreign equity ETFs, which initially invested in 2 foreign mutual funds, namely Global X Cybersecurity ETF and Allianz Global Investors Fund – Allianz Cyber Security. In the technology industry, there is a risk that investors may lose a lot of their investment.