Climate change is one of the environmental problems that are being increasingly discussed. Warmer global temperatures, melting of icebergs and the extremely variable climate were raised as the world’s important issues amidst the challenge of using technology to solve the crisis through the collaboration of all sectors.
“Climate technology is one of the technologies that True Digital focuses on as it is not only technology that benefits Thais or organizations, but also supports the country’s sustainability goals,” said Ekaraj Panjavinin, Chief Digital Officer, True Corporation Plc., on the CLIMATETECH STAGE during a panel discussion on the topic “Linking Digital to Real-World Uses in Climate Action” at Techsauce Global Summit 2024. He added that “Climate technology consists of various technologies inside, such as IoT, Data Platform, Blockchain and AI combining together. This is the start of a journey that is very important in developing technology to tackle with current climate problems and situations.”
Connect the Dots to build Climate Technology
Climate technology is a bunch of end-to-end processes. It is not just one solution fits all, but it’s going to be across the board. Therefore, the whole chain of climate technology starts with the data collection from edge or end-point devices, then comes up to the data platform for analyzing and finding insights that can be used to create maximum benefits. This also requires the collaboration with leading local and international partners or even startups to connect the dots and make sure end to end chain to build the climate technology and complete the ecosystem in order to support and unlock the potential of Climate Tech towards the goals of the country and also for the next generation.
From Business Transformation to Climate Technology Deployment
To start adopting climate technology, organizations need to transform their business by considering three key components:
Smart Technologies – picking and choosing the right technologies, applying ABC Model which are
- A – Artificial Intelligence (AI)
- B – Blockchain such as Smart Contractual which is very useful for business organizations
- C – Cloud; the technology that allows more flexibility
- D – Data; collected from various sources and need to be structured to prepare for analysis
- E – Edge or End-point devices including sensors and IoT devices
Data – finding insight by combining data from internal sources within the organization, external sources, and data from devices or edge, using AI as a core technology enabling fast and accurate data analytics.
People – enhancing knowledge and understanding in using technologies and create culture of a new era organization.
Deploying Climate Tech in 3 Pillars for Energy Optimization
- Smart Energy Management – helps to manage energy consumption at the appropriate level with the most economical.
- Renewable Energy – new energy such as solar power that enhances overall energy management
- Smart Grid – management of traditional power sources
Integration of 3 pillars will derive big data that business organizations can use to optimize energy consumption in the most cost-effective way with maximum benefits.
Leverage Telco-Tech’s strengths to build a Climate Tech prototype for Vertical Industry
As a Telco-Tech company, True Corporation is well-equipped in terms of network, integrating with digital technology, as well as huge amount of data that can be combined to create benefits for consumers and various industrial sectors under governance and privacy policies.
Moreover, combining enormous data with our expertise, climate technology developed by True Digital Group can serve all vertical industries including agriculture sector such as precision farming, retail sector that require products, spaces and equipment and facilities management, and building management such as air conditioning and chillers. These enhance True Digital’s capability to upgrade its smart energy management model and further solutions development that can be deployed across various vertical industries in Thailand and other countries in Southeast Asia.
Aiming towards sustainability goal
Climate technology is just one of the technologies that aim to achieve the main goal of Sustainability, but it is a vital technology for organizations to optimize energy consumption both for carbon emission reduction and the use of renewable energy in order to help solve the climate change crisis. However, whether supporting consumers in access to digital technologies and services for smart living, better health and wellness and entertainment, as well as developing innovative technologies and services that meet the needs of organizations in every sector in each industry, all of these reinforce True Digital’s ambition in improving the quality of people’s lives, creating sustainable business value and promoting Thailand digital economy by strengthening the country’s digital infrastructure.
