What are the Top IT Companies in Thailand?

Modern technology has made multipurpose devices like the smartwatch and smartphone conceivable. Computers are becoming faster, more compact, and more mighty than ever. All these advancements in technology have made life easier, faster, better, and more fun. The development of tech startups and the tech scene as a whole has immense potential and is dominating Thailand’s industries on a global scale while drawing interest from overseas investors thanks to its expanding economy and government investment in startups!

The Evolution of Thailand

Thailand is a country located in the centre of Southeast Asia’s continent. This country which is fully tropical, features a wide range of ecoregions, including the rugged coasts of the tiny southern peninsula, the lush rice fields of the central plains, and the steep forested hills of the northern frontier.

Thailand is home to some of the world’s oldest settlements. A fossilized Homo erectus bone from this location dates between 1.6 and 0.5 million years old. Later prehistoric periods include the emergence of agriculture between 6,000 and 7,000 years ago, the Bronze Age around 4,000 years ago, and an early stage of civilization between 2,300 and 2,500 years ago. Several localities in Thailand are mentioned in Chinese texts as having towns and cities. A population peak was reached between 600 and 1400 AD, and towns and sizable villages were fortified with walls and moats.

Many political and cultural advancements were made with the advent of the Kingdom of Ayutthaya, which was known historically for its enormous diplomacy and trade. In the 19th and 20th centuries, when European colonial forces threatened, Thailand was the only nation to avoid subjugation. Due to a settlement reached between the French and British to maintain it as a neutral region between them, this occurred. Young military personnel and other civil servants in 1932 were the catalysts for the Siamese Revolution.

Because of this, the Ayutthaya Kingdom’s absolute monarchy came to an end, and a constitutional monarchy with a strong military presence took its place. The newly formed government was unstable due to power struggles between civilian and military factions as well as the anti-communist and ultra-nationalist sentiment. Thailand was ruled by the military for 60 years, frequently without a clear plan or leader outside the top general.

Parliamentary democracy steadily expanded in popularity throughout the course of the final two decades of the 20th century and the first decade of the 21st. In 1992, a democratic government was founded, and it is still in place today.

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The Economy of Thailand:

The country of Thailand in Southeast Asia is home to vast, wonderful beaches, great temples, and green environs. There are around 1430 islands in Thailand. Bangkok, the capital of Thailand, is a well-liked vacation spot. Thailand has the second-largest economy in Southeast Asia, with a nominal gross domestic product (GDP) of almost USD 500 billion. 

A free-market economy, a sizeable domestic market, and a developing middle class are all features of the Kingdom, with the private sector acting as the main engine of growth. Thailand also has a sizeable industrial sector that contributes 40% of its GDP, as well as a services industry that comprises the travel and financial services industries and contributes 50% of Thailand’s GDP. Despite historically being an agrarian community and one of the lowest GDP contributors, the agriculture sector today accounts for around 9% of the country. And tourism accounts for a sizable component of Thailand’s GDP.

The Thai economy is highly integrated with the global economy as evidenced by the fact that exports account for more than 70% of the country’s GDP. Due to the importance of exports to the nation, Thailand has been a regional pioneer in terms of trade liberalization and facilitation with the rest of the world, beginning with its Asian neighbours. 

Thailand is a significant member of the Association of Southeast Asian Nations (ASEAN) and gains from an advantageous geographic position that allows it to readily reach a market with more than 660 million people. Thailand is becoming a production hub, a market, and a network of connections. 

The country has been chosen by numerous businesses, media outlets, international organizations, and non-governmental organizations due to its welcoming business environment, entrepreneurial culture, and open society.

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How is the IT Industry in Thailand?

The information technology industry has been expanding rapidly in Thailand, spurred by the rising use of technology across a variety of societal domains. This sector offers businesses a large range of opportunities to satisfy smart users and picky clients. The region’s fastest-growing IT sector, which is based in Thailand, contributes annually to the growth of the national economy. Its estimated value in 2019 was 527 billion Thai Baht, which is equivalent to 16.9 billion USD, representing a growth of 13%.

Thailand is making progress in creating an “Innovation City” and reuniting the globe. Thailand is making progress toward creating its first smart innovation hub under the direction of the National Innovation Agency or NIA. (PRNewswire) Due to the enormous potential of this sector, this industry has grown to be a significant investment opportunity. Thailand’s economy went from being industrial to being digital in a major way after the internet was introduced there. The ASEAN region’s economy currently ranks Thailand as the second largest. 

The growth of coworking spaces has swept Bangkok, the country’s capital, making it much easier for startups, businesspeople, and those just starting out to network and have a place to expand their companies on a budget rather than having to pay for a complete office space. The co-working spaces meet people’s fundamental needs and have developed into a talent hotspot, particularly in the technology sector.

1. IBM

The largest IT company in the world, International Business Machines, or IBM, has over 400,000 employees working in more than 170 countries. The business provides a broad range of software services and products that it is advancing technologies to fulfil the requirements of both prospective and current clients. IBM has an office in Bangkok, Thailand. The Internet of Things, cloud computing, data analytics, cognitive computing, IT infrastructure, and securities all generate substantial sums of money.

In the future, IBM will be in a strong position to assist customers and clients in using AI and data analytics to build smarter enterprises. However, top management is also taking into account IBM’s position in sizable, high-value IT sector segments like artificial intelligence (AI), blockchain, cloud computing, and information security. In recent decades, IBM has made major investments in both innovation and its workplace.

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2. NTT DATA

Tokyo-based provider of international IT services. With its headquarters in Tokyo and operations in more than 50 nations, NTT DATA is one of the top 10 global providers of IT services. The company provide organisations and governments around the world with a cutting-edge portfolio of consultancy, application, business process, cloud, and infrastructure services. They provide a wide range of experiences and possibilities for clients to develop both professionally and personally. 

3. NIELSENIQ

Nielsen, a global leader in audience measurement, statistics, and analytics, is influencing the direction of media in Thailand. NielsenIQ, a world leader in measurement and data analytics, provides the most complete and trustworthy portrait of people and markets available. 

NielsenIQ remains steadfast in its dedication to providing the benchmark for quality measurement and analytics in the retail and consumer products industries at a worldwide level, throughout the omnichannel. Young people are said to start their careers off well at NielsenIQ. Numerous chances to learn from more seasoned workers, numerous chances to work with large firms that NielsenIQ services, and a very positive culture.

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4. ATOS 

Atos is a world leader in digital transformation, employing 112,000 people and generating over €11 billion in revenue annually. The Group is the European leader in high-performance computing, the cloud, and cybersecurity thanks to its customized end-to-end solutions offered across 71 countries for all industries. 

The goal of Atos is to contribute to information age planning. Its services and information support the expansion of supremacy in science and technology while advancing knowledge, research, and education from a multicultural perspective. To enable its clients, employees, and members of society at large to live, work, and develop sustainably, the Group offers a secure and safe information space.

In addition to being a leader in the cloud and the digital workplace, Atos also ranks as the top-earning managed security services supplier globally (2021). With these capabilities, best-in-class computing power, and the revolutionary Quantum Learning Machine, Atos is contributing to the development of the information space of the future.

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5. Robert Bosch

In the sectors of consumer goods, energy and building technology, industrial technology, and mobility solutions, Bosch is a leading supplier of both technology and services in Thailand. The Bosch Group is a well-known provider of technology and services on a global scale. Around 402,600 colleagues are employed by it globally (as of December 31, 2021). In 2021, the company’s sales totalled 78.7 billion euros.

6. Hitachi

A multinational corporation, Hitachi Ltd. (Hitachi) operates in industries such as engineering and electronics, nuclear, transportation, and industrial systems.

Hitachi offers a comprehensive, streamlined one-stop solution by incorporating modern technology to resolve boundary issues that arise not just between business owners but also between corporations or industries, ranging from procurement and production to logistics and retail. Hitachi does this by utilising its extensive experience and expertise. 

Hitachi Asia (Thailand) Co, Ltd. was founded in 1992 and provides expert solutions to meet customer needs in Cambodia, Laos, and Thailand. Among the products offered by HAS-product TH are electrical power plants, industrial process equipment, and cutting-edge software technology. Additionally, HAS-TH provides support to more than 16,000 employees across more than 40 subsidiary companies throughout Thailand.

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7. Capgemini

Capgemini is a Paris-based multinational company that offers IT and business consulting services. It is one of the largest IT consulting, outsourcing, and professional services organisations globally with more than 200,000 employees spread across more than 40 countries. Capgemini creates and offers commercial, technological, and digital solutions that are specifically crafted to meet the needs of its global clients, enabling them to become creative and competitive.

Being the most renowned of the top ten largest IT services providers in terms of revenue, it is a leading and hugely well-known IT company. It was ranked number 10 on Fortune India’s list of 500 companies in 2017. Numerous industries, including banking and finance, consumer goods and retail, communications, multimedia, technologies, health care, etc., are among its clients. Being one of the leading IT businesses, it is planning to diversify its business into new fields including machine learning, artificial intelligence, cyber security, etc.

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8. HP Inc.

Hewlett Packard Enterprise offers IT, technology, and enterprise products, solutions, and services. With its main office in Palo Alto, California, HP manufactures and sells hardware components, software, and services related to individuals, small- and medium-sized businesses (SMBs), large organisations, as well as customers in the healthcare industry,  public sector, and the educational system.

Additional software services provided by HP Software include cloud computing, training, consulting, and support. SAAS (software as a service) is another option. Due to its exceptional market performance, HP is expected to remain in the top 10 global IT companies for a very long time.

9. Thomson Reuters

A leading supplier of business information services is Thomson Reuters. In addition to the most comprehensive news service in the world, Reuters, offerings include highly specialized information-enabled software and applications for legal, tax, accounting, trade, and compliance professionals.

Thomson Reuters supports professionals in making wise decisions and managing their organizations more effectively. Law, tax, compliance, government, and media are just a few of the complicated industries their customers operate in. These industries face growing complexity as regulation and technology upend every sector of business.

The company assist their clients in reimagining their workplace. With the reliable solutions that they offer, the company is on a mission to assist professionals in growing their firms and gaining a competitive advantage. The intelligence, technology, and human expertise you need to obtain reliable answers are all provided by Thomson Reuters.

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10. Cognizant

Cognizant is a sizable multinational corporation (MNC) in the information technology industry that helps clients transform their traditional businesses, operations, and technologies to benefit from quickly advancing digital technologies.  Cognizant‘s core businesses include helping banks revolutionise lending by assessing risk through predictive analytics by analysing customer financial histories, using advanced analytics tools to help banks better predict a customer’s creditworthiness, and taking a variety of informed decisions to extend credit to those who have lower credit risk. 

Consequently, it rose to become one of the top IT companies globally. This multinational corporation has succeeded in keeping its place as one of the world’s largest and fastest-growing companies. Through its distinctive industry-based consulting approach, Cognizant assists its clients in creating more creative and productive businesses. It also helps qualified people and businesses in obtaining the desired financing. Cognizant, one of the top IT companies in Thailand is expected to maintain its position at the top in the next years.

11. Google

A worldwide technology company based in the United States, Google LLC is focused on consumer electronics, cloud computing, computer software, quantum computing, e-commerce, and search engine technology.

The search engine is what makes the American company Google the most well-known. Despite the fact that the company started out as a search engine and still gets the vast bulk of its money from advertising, it has subsequently diversified into a number of markets, including cloud computing, software, and hardware. A key factor in Google’s success is its ability to release a product prototype or beta version and make modifications with each iteration. Google is the top choice among techies in Thailand when it comes to the companies they want to work for. 

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12. Cisco

Cisco Systems specialises in switches, routers, cybersecurity, and the Internet of Things. Cisco develops, manufactures, and sells networking equipment, software, telecommunications equipment, and other high-tech products and services. Networking and IT corporation, Almost every conference or business phone has its logo on it. Cisco designed a warm environment to help contract employees feel like a part of the company. 

13. Concentrix

Concentrix is an IT business with headquarters in Fremont, California, that offers technology solutions to customers all around the world. Additionally, this BPO company offers services in South Korea, Brazil, China, and Japan. Design, marketing, operational procedures, and customer management solutions are their areas of expertise.

There is so much potential for advancement. Great income and lots of chance to grow and move into other areas. A terrific place to work that is inclusive and varied. Concentrix is a provider of technology-enabled services with a focus on enhancing business performance and customer engagement.

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14. Oracle

With its headquarters in Redwood Shores, California, Oracle Corporation is a multinational American firm that specializes in computer technology. Oracle’s primary areas of expertise include the creation and marketing of database management systems, cloud-engineered systems, and software for databases. In terms of sales, it is also the second-largest software corporation in the world, behind Microsoft. 

Oracle has recently made significant investments in technologies related to artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), the blockchain, and user interfaces. With over 400,000 global clients and a presence in more than 150 countries across a wide range of industries, Oracle has a sizable customer base. Oracle’s office is in Bangkok.

15. Seagate Technology

Data storage technologies and solutions are offered by Seagate Technology. It started operating in 1979 after being incorporated in 1978 under the name Shugart Technology. Since 2010, the business maintains its operating headquarters in Fremont, California, and is incorporated in Dublin, Ireland.

Hard disc drives, including disc drives, hard drives, and hard disc drives, are the company’s main products (HDDs). In addition, the business provides solutions for multi-cloud storage, private and public clouds, data analytics, backup and recovery, and cloud computing.

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16. Tech Mahindra

Tech Mahindra offers cutting-edge and client-focused digital experiences, empowering businesses, associates, and society as a whole to rise. They are a $6 billion company with 158,000+ employees working in 90 countries serving 1262 international clients, including Fortune 500 companies.

17. Thoughtworks

Technology giant Thoughtworks is a publicly traded corporation with 48 operations across 17 nations. It offers tools, consulting services, and the creation and delivery of software. The business has made contributions to a number of open-source products and is strongly linked to the agile software development movement.

Thoughtworks are a top global technology consultant that combines strategy, design, and software engineering to help businesses and technology disruptors throughout the world succeed as cutting-edge digital firms. Here, recent computer science graduates meet with seasoned engineers, self-taught programmers, career changers in their forties, and others to challenge and learn from one another. Their clients have relied on their independent teams to develop solutions that go beyond the apparent for more than 28 years. 

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18. Apple

With American roots, Apple Inc. is a global technology company that specialises in software, online services, and consumer goods. Apple Inc. (Apple) creates, manufactures, and sells accessories, wearable technologies, and mobile devices such as tablets and smartphones. In addition, it provides a variety of related services. 

Apple’s success can be credited to a strategic vision that included mobile and wearable technologies in addition to traditional desktop computers. Apple is well known for its high standards of security, quality, and customer support.

19. Wipro

The most complicated needs of its clients in terms of digital transformation are the focus of Wipro Limited, a top provider of technology services and consultancy.  Wipro, which was established in 1945, is regarded as one of the leading companies in the IT sector. The business provides outsourcing, consulting, and IT services by utilizing its extensive industry knowledge. As they enter to find a profession for life, all Wipro employees may look forward to a wide range of benefits. The company is value-based and has strict HR standards. The sky is the limit for career growth at WIPRO because the company cares about its employees’ objectives and offers a variety of training programs for cross-skilling or skill-level upgrading.

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20. NTT Ltd.

One of the top corporations in the world for information and communications technology is NTT. Through global managed services for networking, data centres, cloud infrastructure, cybersecurity, and cloud communications, NTT Ltd. helps clients achieve their business objectives. 

The services include technology and managed services for cybersecurity, applications, the workplace, the cloud, and networks. All of these are backed by their extensive industry experience, innovation, and solutions. The company has multifaceted teams that provide services in more than 190 countries and regions as a top 5 global provider of technology and business solutions. They provide services to tens of thousands of clients and communities worldwide in addition to serving more than 75% of Fortune Global 100 corporations.

21. Ricoh

Ricoh is a global leader in workplace technology. Ricoh is dedicated to enhancing work life by offering improved user experiences, efficient workflows, anytime, everywhere collaboration, and digital infrastructure solutions. Global experts have acknowledged the company’s accomplishments by placing Ricoh at number 335 on the Fortune 500 list of the world’s largest enterprises and number 293 on the Forbes 2000 list of the most successful businesses.

Ricoh is a true global leader in office equipment solutions, assisting customers around the world in achieving greater productivity and workflow innovation, with consolidated net sales of approximately 1.7 trillion yen and sales from overseas operations constituting approximately 55% of their global revenue.

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22. Coforge

In order to create real-world business effects, Coforge, a leading provider of digital services and solutions, helps its clients adapt at the intersection of domain expertise and emerging technology. Originally NIIT Technologies, Coforge is a global information technology firm concentrating on a small number of niche businesses, in-depth knowledge of their internal workings, and associations with top platforms. 

To transform client organizations into intelligent, high-growth firms, Coforge sets the standard with its product engineering strategy and makes use of Cloud, Data, Integration, and Automation technologies. Critical business processes across Coforge’s key verticals are powered by its proprietary platforms. With 25 distribution centres spread over nine countries, the company is present in 21 of them.

23. Amdocs

Amdocs is a top supplier of software and services to some of the biggest names in media and communications. Through creative ideas, clever operations, and delivery know-how, they help customers reinvent themselves while enabling their digital and network evolution. Amdocs is a great environment to work in as a business. They consistently work to make a life for employees straightforward and hassle-free.

Some of Amdocs’ best-selling products include network deployment, optimization, network and service automation, commerce and care, and catalogue management. Consulting, content management, delivery, operations, mobile networks, quality engineering, and system integration are among the services they offer.

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24. HCL Technologies

The 2022 Gartner’s Magic Quadrant for Public Cloud IT Transformation Services places HCL Tech as a leader. The company provide solutions that meet the current, future, and traditional demands of customers around the world thanks to its expertise in digital, engineering, and cloud technologies. Including Financial Services, Manufacturing, Technology and Services, Retail and CPG, Telecom and Media, Life Sciences and Healthcare, and Public Services, they provide clients across all significant verticals with market-leading capabilities.

25. Dell Technologies 

A worldwide company in the information technology (IT) sector, Dell Technologies provides hardware, software, and service solutions. 

Personal computers, servers, cellphones, televisions, computer software, network security, and information security services are among Dell’s product categories. On the 2018 Fortune 500 list of the biggest American companies by total sales, Dell came in at position 35. The company is one of the top technology firms in the world, using its exceptional talents to change people’s lives. 

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26. Tata Consultancy Ltd.

TCS is a multinational company with functional areas that include consulting, infrastructure support, software development, and business process outsourcing. It has a broad clientele from a number of sectors, comprising banking and finance, communication, media, and technologies, insurance, consumer goods and distribution, manufacturing, energy resources and utilities, life sciences and health, retail, and public services.

With a focus on cutting-edge technologies like artificial intelligence, machine learning, cloud computing, the internet of things, and cyber security, TCS is growing its range of technological offerings. In the Top 10 Information Technology (IT) firms in the world for 2021, TCS is ranked sixth.

27. Hitachi Vantara

Hitachi Vantara primarily provides storage solutions for large and medium-sized businesses, but it also provides hardware, software, data analytics, and consulting services for a variety of IT and business needs. They collaborate with each customer to use their data and apps to advance business and society by utilizing their unrivalled industrial and digital capabilities. In order to create new revenue streams, unleash competitive advantages, reduce costs, improve customer experiences, and provide social and environmental value, more than 80% of the Fortune 100 rely on Hitachi Vantara. 

28. Microsoft

With a 2019 revenue of over $125.8 billion, Microsoft is one of the leading enterprises and the biggest IT firm in the world. Microsoft Corporation, one of the biggest IT businesses in the world, was established by Bill Gates and Paul Allen in 1975 and has its headquarters in Redmond, Washington. 

It creates, produces, licenses, sells, and offers support for software for computers, consumer electronics, personal computers, and services. The Microsoft Windows range of operating systems, the Microsoft Office package, the Internet Explorer and Edge web browsers, as well as Xbox, are some of its most well-known software offerings. Additionally, the company creates a wide variety of other consumer and business software for desktops and servers.

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29. Tencent

Tencent (Thailand) Company Limited creates cutting-edge technologies for the entire internet. It began by developing its own information ecosystem and later expanded to offer news and entertainment content, promote the development and integration of cutting-edge e-commerce technology, forge strategic alliances, and support corporate growth. 

Tencent is committed to meeting the demands of both users and clients while rising to the top of the internet technology industry. Tencent takes pride in providing cutting-edge technology and never stops working to improve itself. The company chooses the best management team, and the best industry experts from around the world to modify its organisational culture to meet the quick-paced and constantly-evolving demands of today’s technological environment. 

30. Amadeus

The Amadeus IT Group, with its main office in Madrid, Spain, owns Amadeus, a computer reservation system. Amadeus creates the essential tools that assist airlines, travel agents, airports, hotels, trains, search engines, and tour operators in improving the travel experience on a global scale billions of times a year. 

They rank among the top ten global providers of travel technology. Amadeus assists its clients in establishing connections with the travel industry, which opens up new chances for business travel that may help clients and their travel partners build their respective travel businesses. A major Spanish IT service provider for the world’s travel and tourism sector is Amadeus IT Group, S.A.

31. Infosys

Business consulting, information technology, and outsourcing services are provided by a multinational company based in India called Infosys Limited. Its corporate headquarters are located in Bengaluru, India. Infosys is one of the top 10 largest IT companies in the world according to revenue. It provides services for software design, maintenance, and independent validation to companies in the financial, insurance, manufacturing, and other sectors.

32. SAP

A worldwide software and IT company with its headquarters in Germany, SAP SE specialises in offering enterprise software to manage client relationships and business processes. 

One of the biggest IT companies in the world, SAP is the third-largest software company by market value and has over 335,000 customers spread across more than 180 countries. SAP is addressing a range of business concerns in all industries and regions by utilising cutting-edge technologies including machine learning, the Internet of Things, blockchain, cloud computing, and SAP HANA. 

How much is the software engineer’s salary in Thailand?

Any metric will demonstrate the excellence of software development as a profession. There is numerous open employment, the industry is well-paying and growing, and workers seem to enjoy their work. The increase in job postings indicates that in 2022, demand for software engineers will still be at an all-time high. In fact, according to the U.S. Bureau of Labor Statistics, employment in software development will probably increase by 22% from 2020 to 2030.

• The software engineer’s salary in Thailand is ฿994813 as per salaryexpert.com. 
• The salary for a software engineer in Thailand is THB 50,000 per month according to Glassdoor.com. 

As per Payscale.com, a software engineer in Thailand receives an average salary of ฿512,636!

• An entry-level software engineer in Thailand with less than one year of experience can earn ฿318,374.
• An early career software engineer (1 to 4 years of experience) gets an average sum of ฿492,605.
• A mid-level software engineer in Thailand with 5 to 9 years of experience can get an average salary of ฿825,414.

At the moment, Bangkok, the country’s capital, serves as the base for the majority of Thai tech entrepreneurs. Bangkok has a well-developed transportation system that gives employees the means to travel to work conveniently.

The city has also lately had a building boom, which has resulted in office space costs that are less expensive than in most other nations in the region. However, affordable housing costs and easy access to transit are not the only factors that should be taken into account while selecting a place.

The average software engineer salary in Bangkok is ฿994813 a year.

Conclusion

The booming global economy has resulted in a higher-than-ever demand for IT products and services. In order to fuel new growth that can help them build their own digital foundation and provide trustworthy solutions for a variety of consumers, the top IT businesses in the world are currently focusing on cutting-edge breakthroughs like machine learning, artificial intelligence, and cloud computing. The top IT businesses in Thailand are predicted to maintain their dominance in the industry due to large market shares and cutting-edge technological advancements. It is anticipated that global IT spending would expand at a double-digit rate.