ABeam Consulting Harnesses the Power of Data in the Infrastructure Industry to Drive Innovation and Efficiency

Press Release
  • Telecom
  • Real Estate/Construction/Housing
  • Electricity/Gas

Oct 30, 2024

(Bangkok, Thailand) The infrastructure industry—including sectors such as energy, transportation, telecommunications, and real estate—faces critical global challenges, including population decline, resource volatility, and rapidly evolving industrial and lifestyle demands. These shifts are prompting companies to recognize the immense value of leveraging their data assets to boost operational efficiency and foster innovation. ABeam Consulting is at the forefront of this data revolution, helping infrastructure operators unlock their full potential.

 The infrastructure sector, essential to the continuity of modern life, holds enormous untapped data related to local business activities, resource management, and public services. However, industries deeply embedded organizational structures and focus on regulation have made data collection and utilization slow to progress. To remain competitive, operators must address these challenges and embrace data as a key driver for both operational excellence and new business creation.

 ABeam Consulting identifies two key goals for data utilization within the infrastructure industry:

  1. Creating New Value: Companies can develop new business models and enhance customer value by combining various business data sets and extracting actionable insights.
  2. Enhancing Existing Operations: Data can streamline internal processes, improve asset allocation, and drive operational efficiency, freeing up resources for innovation.

 However, achieving these goals requires overcoming longstanding barriers. The industry's compartmentalized structures, coupled with a rigid adherence to internal regulations, make cross-departmental collaboration and data sharing difficult. Departments often need clarification on the necessity of sharing data with other units, stalling progress. Additionally, the absence of a common understanding of data quality across organizations further complicates data usage.

 To address these challenges, infrastructure operators need to embrace a long-term strategy that includes revising internal policies, promoting a culture of data utilization, and establishing company-wide data quality standards. Developing shared infrastructure for data collection, preprocessing, and analysis is essential to foster collaboration and unlock the full potential of data.

 In addition to internal data utilization, operators must consider the public benefit of disclosing valuable data. As stewards of infrastructure services that closely align with public interest, companies are responsible for sharing insights externally. While this may diminish some competitive advantages, it reinforces the importance of building stronger data capabilities and staying ahead of industry trends.

 ABeam Consulting is committed to guiding infrastructure leaders on this journey. Our expertise in data and AI, combined with a deep understanding of infrastructure operations, helps clients develop sophisticated data strategies, create new business models, and ensure sustainable growth in an increasingly complex environment.

About ABeam Consulting (Thailand) Ltd.

ABeam Consulting (Thailand) Ltd. is a subsidiary of ABeam Consulting Ltd. – headquartered in Tokyo, with roughly 8,300 richly professional, experienced consultants who have served clients throughout Asia, the Americas, and Europe, providing consulting services in Thailand since 2005. ABeam Consulting (Thailand) with expertise in a wide range of consulting services, including strategy, BPR, IT, Human Capital Management, Outsourcing, SAP Consulting, ESG, and Operational service expertise. We create the future together with corporations and other organizations. As a creative partner leading the way reliably through change, we contribute to industrial and societal change. 

Please contact us at thabmarketing@abeam.com  or visit   https://www.abeam.com/th/en   for more details.

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