Innovative Achievements in Open Source: Celebrating the Red Hat APAC Innovation Awards 2024 in Thailand
In a remarkable display of innovation amidst challenging economic conditions, Red Hat, Inc., a global leader in open source solutions, has announced the winners of the Red Hat APAC Innovation Awards 2024 for Thailand. This year, the honors were bestowed upon National ITMX Co., Ltd and Government Savings Bank for their outstanding utilization of Red Hat technologies to meet the evolving demands of their customers.
The Importance of Innovation in Challenging Times
Marjet Andriesse, the Senior Vice President and General Manager for APJC at Red Hat, highlighted the remarkable achievements of their customers despite the unpredictable economic landscape of 2024. She emphasized the pivotal role that open source technologies play in helping organizations discover new opportunities and achieve success through appropriate tools and expertise.
In the rapidly evolving global business environment, the Asia Pacific (APAC) region stands out as a resilient and rapidly growing area. With its diverse economies, cultures, and consumer bases, APAC presents substantial growth opportunities for businesses of all sizes. Technology plays a critical role in shaping this landscape, enabling enterprises to scale and innovate effectively.
Celebrating Innovation and Transformation
The theme for this year’s Red Hat APAC Innovation Awards is "Unlock what’s next," celebrating customers who have harnessed open source technologies to drive transformation and innovation. These awards recognize businesses that have successfully navigated the dual challenges of rising infrastructure costs and evolving business demands. A total of 31 winners from 11 countries were honored, showcasing how Red Hat solutions have enabled them to overcome obstacles and pioneer new customer-centric solutions.
According to the Red Hat 2024 Global Tech Trends, the top funding priorities for businesses in the APAC region include building cloud-native applications, enhancing digital user experiences, and accelerating the delivery of applications and services. These findings underline the significance of innovative solutions in five key categories: Digital Transformation, Hybrid Cloud Infrastructure, Cloud-Native Development, Automation, and Resilience.
Highlighting Outstanding Achievements
The winners were selected for their exemplary use of Red Hat solutions, demonstrating significant contributions to their business objectives. Each organization exemplifies the transformative potential of open source technology, pioneering advancements in business processes, enhancing productivity, fostering innovation, and building resilience in the face of challenges. Their success stories underscore Red Hat’s pivotal role in empowering enterprises across the APAC region to achieve unparalleled growth through strategic deployment of open source solutions.
Digital Transformation and Cloud-Native Development: National ITMX Co., Ltd
National ITMX (National Interbank Transaction Management and Exchange) has been established as Thailand’s National Payment Infrastructure, playing a crucial role in advancing payment technology. This ensures that the country’s payment systems and financial services remain inclusive, efficient, and aligned with the evolving digital economy. As digital payments become the preferred choice for consumers and businesses, National ITMX’s responsibilities continue to expand in support of Thailand’s National e-Payment Roadmap. The company is committed to enhancing scalability, interoperability, and security, fostering a seamless and robust financial ecosystem that drives economic growth and global competitiveness.
As PromptPay continues its rapid expansion, with growing numbers of users and transactions, ensuring scalability, reliability, and interoperability has become more crucial than ever. National ITMX has invested in a next-generation payment infrastructure to support this growth, leveraging the Red Hat OpenShift Container Platform, Red Hat Enterprise Linux, and Red Hat Ansible Automation Platform. By embracing containerization, automation, and enterprise-grade open-source technologies, National ITMX ensures that PromptPay remains a highly scalable, secure, and resilient digital payment system. These advancements strengthen PromptPay’s ability to handle increasing demand while maintaining seamless integration with financial institutions and payment networks. They also reinforce Thailand’s position as a leader in digital payments and economic innovation.
Digital Transformation and Cloud-Native Development: Government Savings Bank
The Government Savings Bank (GSB) operates as a social bank with a dual mission: to reduce inequality and promote fairness in society by utilizing profits from commercial activities to support social initiatives. With a customer base of over 26 million accounts, GSB continues to modernize its image and services to cater to diverse customer needs. In the face of intense competition to launch new, innovative financial services, GSB recognized the need to embark on a digital transformation journey.
GSB collaborated with Red Hat to transform their application development team through a Red Hat Open Innovation Labs residency. This initiative was used to develop a pilot project on lending services. Loan customers can now register and pre-screen loan amounts through the Online Lending Advisor platform, accessible at selected branches or online using the GSB MyMo mobile app. This streamlined process replaces the traditional manual method, which typically involved in-person pre-screening and a lead time of one week or more. The transformation accelerated application development compared to past monolithic applications, resulting in a quicker time-to-market for the bank. Within the organization, the adoption of the DevOps culture promoted greater collaboration, enabling the cross-sharing of ideas and leveraging team members’ skills to create innovative applications in a timely manner.
Reactions from the Winners
Marjet Andriesse, sharing her insights on the achievements, remarked on the remarkable milestones achieved by organizations despite economic uncertainties. She underscored the significance of advanced technologies in driving business initiatives and highlighted the role of open source in paving the way for future success.
Niwat Kanwaset, Senior Assistant Managing Director at National ITMX Co., Ltd., expressed pride in the company’s achievements. He noted that Red Hat solutions enabled them to enhance scalability, efficiency, and integration speed in local and cross-border QR payments, ultimately providing a better user experience for digital customers.
Mana Suangthonglang, Senior Executive Vice President at the Government Savings Bank, emphasized the bank’s commitment to modernization to meet customers’ needs. He highlighted the transformative impact of Red Hat OpenShift, which allowed them to develop and produce an application within three months, compared to a year in the past. Red Hat’s solutions provided the confidence to handle high volumes of customer transactions with increased business agility.
Conclusion
The Red Hat APAC Innovation Awards 2024 have once again highlighted the transformative power of open source technologies in driving business innovation and growth. The achievements of National ITMX Co., Ltd and the Government Savings Bank serve as inspiring examples of how organizations can leverage technology to overcome challenges, enhance customer experiences, and contribute to economic development. As the APAC region continues to evolve, the role of technology in shaping its future remains undeniable, and Red Hat stands at the forefront, empowering enterprises to unlock new possibilities for success.
For more information on the Red Hat APAC Innovation Awards and to explore the innovative solutions driving transformation, please visit the official Red Hat website.
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