G-Able Group, a leading Tech Enabler in Thailand, today announced the “Reshaping the Next” business direction to transform itself from a system integration plus plus (SI++) company to a leading “Tech Enabler” that helps businesses enhance competitive advantages while strengthen tech security. Based on its significant success with double growth, the company is confident that the new strategy will boost its sales to 10 billion baht in five years.
Dr. Chaiyuth Chunnahacha, CEO of G-Able Group said, “G-Able has experienced an overwhelming success both in terms of sales and revenue across all product portfolio which is our core business and cash cow. Our core business comprises four solution portfolios – G Security, G Cloud, G Big Data and G Digital Product. Our G Security grew beyond expectation to achieve Bt1 billion sales and compound annual growth rate (CAGR) of 42% in the past three years, which emphasizes our leadership in cybersecurity solution in Thailand. Our G Cloud also enjoyed 33% CAGR from the same period while G Big Data saw 33% growth year on year. Our G Digital Product grew remarkably by 76% over the same period. The strong performance across all product groups has driven G-Able’s profit to increase significantly as our gross profit rose almost 200 basis points in 2021.”
“We have achieved significant growth and success according to our G-Able Tree Strategy announced last year. Our business can be compared with a strong tree with core business as the root and startups and tech spin-offs are the branches. Based on this strategy, we have introduced the business direction “Reshaping the Next”. Under this concept, G-Able will grow our business by capturing market opportunities presented by the rapidly changing technology. With clear vision and outstanding products and services, we are confident of being able to help customers across all industries transform their business operations and become more competitive by deploying our future-ready digital technology,” add Dr. Chaiyuth.
Looking ahead, G-Able will continue to focus on its G-Able Tree Strategy to further differentiate its product offerings. A number of sub-strategies will be introduced to drive further business growth.
Firstly, the company will move to become “Tech Enabler” from previously SI++. Building on the core business, which is the root of the business, G-Able will optimize its technology capability and use them to help customers increase competitive advantages in the digital world and enhance their cybersecurity with safe, flexible and scalable technology. In 2022, G Security and G Cloud will be the flagship products.
- G Security: G-Able will focus on state-of-the-art technology like Cybersecurity Mesh Architecture and Zero Trust Network Access. The company plans to enable its customers, including small and medium sized enterprises, to have access to advanced solutions that provide reliable protection from cyber threats, and at affordable costs. G-Able also plans to work with highly capable business partners in developing better and more efficient solutions. With these strategy roadmap, G-Able aims to become Thailand’s No.1 cybersecurity solution provider with over Bt1 billion sales and double its business size within three years.
- G Cloud: The state-of-the-art technology will increase business flexibility in the world with high volatility, uncertainty, complexity and ambiguity (VUCA). Cloud technology is a key factor that enhance a business’ flexibility. Its infrastructure enables employees to work from anywhere and at any time. One of the country’s leading cloud technology providers, G-Able has set target growth of Bt400 million in 2022.
- Advanced Integrated Solution: By integrating advanced solutions like Digital Product Development Solution, Business Intelligence Data Analytics, etc., G-Ablewill offer customized solutions for customers to enhance their competitiveness. The company expects two-digit growth for this business.
On the second strategy which is the tree trunk under G-Able Tree Strategy, the company will act as the business enabler for its customers. With focus on data modernization, G-Able will combine its technology excellence with customers’ strengths to generate new business opportunities for both parties.
The 3rd strategy, which is the branches under G-Able Tree Strategy, the company’s Tech Spin-off will play a significant role. Its tech spin-offs are startups under G-Able’s “Own IT platform” umbrella who developed G-Able’s copyrighted solutions last year and created high business value. This group will play a significant role in creating the New S-Curve and exponential growth for G-Able. Its three key startups ae Blendata, InsightEra and Mverge.
- Blendata: The startup will further develop Blendata platform that centralized all data within an organization for improved data management and optimization. Thiswill enable an organization to better analyze its data to capture new business opportunity in the future. In 2022, Blendata will focus on ready-to-use Artificial Intelligence (AI) and Machine Learning Solutions that allows customers to optimize benefits from Big Data more effectively while increasing speed and access to the technology. Blendata also plans to introduce two new products and aims to double its growth this year.
- InsightEra: Through the launch of MARTECH (marketing technology), a new marketing platform that boosts corporate competitiveness in the digital world, customers will be able to see and capture new consumer trend faster and more accurately. This enables businesses to achieve real-time market response that directly addresses customers’ need. Customers then can plan and adjust marketing strategy faster and more efficiently, resulting in higher competitiveness and growth. InsightEra aims to grow its business more than 100% this year.
- MVerge: To roll out new digital platform that better meets the rapidly changing demand and market trend, MVerge has developed a new platform called “SPACE” that makes physical and virtual space management an easy task. This solution enables customers to simulate space, manage rental space, design shops and advertisement, and increase opportunities for shops or sellers to reach its targeted customers through omnichannel marketing where virtual and physical worlds are seamlessly connected. Its solution also helps customers to analyze the information and extract significant information to support their decision while better addressing customers’ need. MVerge is expected to double its growth and soon become a key player in the market.
In addition to the three core strategies, G-Able also enjoys a high backlog of over Bt3 billion. Within five years, the company expects to double its sales from Bt5 billion today to Bt10 billion.
“Thanks to the strong performance, promising strategies, and exponential growth of our tech spin-off, we are confident that G-Able will grow healthily and sustainably. At the same time, we will achieve our goal in “Reshaping the Next” and creating new opportunities that enable our customers to stand out from the crowd in the highly competitive digital world with higher flexibility while being fully protected against cyber threat. This is what we will achieve in five years,” said Dr. Chaiyuth.
About G-Able Group
G-Able is a leading ‘Tech Enabler’ helping business wins in the digital world. With over 33 years of experience, the company has high expertise in technology integration and offering state-of-the-art solutions that effectively address business needs, increase operational efficiency and increase business opportunities. G-Able is committed to supporting customers’ digital technology transformation to reap the benefits and opportunity presented by the digital world to achieve their business goals. For more information, visit www.g-able.com.
Source: Siam PR Consultant