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Kathleen Martin

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Cloud computing services, artificial intelligence (AI), the Internet of Things (IoT), 5G technology, fixed broadband Internet, and blockchain technology are expected to lead the information technology and telecommunications sector over the next few years. According to a recent survey, technology companies are investing in core and fundamental technologies to serve digital transformation. Encouraging the digital transformation of business could be a crucial step as the Department of Enterprise Management earlier estimated that the country’s gross domestic product (GDP) could surge by US$30 billion if the country successfully digitises its small and medium-sized enterprises (SMEs).
Cloud Cloud computing services in Vietnam are forecast to develop with better security than physical servers, helping organisations increase productivity and reduce machinery and infrastructure costs. Vietnam’s cloud computing market is predicted to grow by nearly 26% annually, the fastest pace in Southeast Asia and higher than the global average of 16%.
Artificial Intelligence About 66.67% of enterprises are applying AI to their digital transformation process. AI can manage and optimise infrastructure and customer support and is expected to access all businesses in the future. Last year, the government issued a national strategy on the research, development, and application of AI until 2030, aiming to gradually turn Vietnam into an innovation and AI hub in ASEAN and the world.
Internet of Things The rate of firms using the IoT this year has reached 86.67%, an increase from 66.67% in 2021. IT experts believe it has the greatest development potential at present. Businesses can connect IoT devices from afar, collecting, and managing their data, processing data on demand, and sharing data with devices outside the IoT network. In this way, the IoT can automate processes, minimise labour and infrastructure costs, manage supply chains, optimise energy use, and improve sustainability.
Continue reading: https://www.datastorageasean.com/news-press-releases/cloud-ai-iot-drive-it-telecom-sector-growth-vietnam
 
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