Mr. Supak Lailert Executive Director & Chief Operation Officer of Yip In Tsoi & Co, Ltd. (YIP), one of the leading providers of fully advanced integrated solutions in Thailand, had signed a Partnership Agreement with Mr. Lai Yew Yeng - Chief Executive Officer of RapidsDB Pte Ltd, Singapore (RapidsDB) to deliver Big Data and insightful AI analytics platforms, helping customers including private & public sectors, finance & banking, and insurance to achieve their competitiveness in the age of digitization.
Over 60 years in the IT solutions and services business, YIP has provided comprehensive ranges of the World's leading products including hardware, software, applications, as well as professional services like Oracle consulting service, etc. to serve all aspects of IT requirements. As a business partner of Global IT leaders with more than 500 system engineers to fully services and support in network maintenance, computer peripherals, data center solution, security & monitoring,
and surveillance systems with quality of service. etc., YIP is committed to empowering customers' businesses with IT to gain competitive advantage and leadership in their industry area.
RapidsDB is an R&D industry leader in the real-time big data processing. The RapidsDB Unified Big Data Platform, independently developed by RapidsDB is a fully parallel, distributed, in-memory federated query system with AI-In-Database capability, designed to support complex analytical SQL queries, storing a set of heterogeneous data. Additionally, RapidsDB has also deployed professional connectivity tools to serve RDBMS, JDBC Interface, and Message Queue Data Lake through HDFS Interface, enabling quick processing and scaling out both on-premise and on cloud.
SCB X Public Company Limited (SCBX), a leading financial technology group in Thailand, has announced the signing of a share purchase agreement to sell all shares of Purple Ventures Co., Ltd., the provider of the Robinhood application, to a group of investors led by Yip In Tsoi Group. The total transaction value is up to 2 billion baht, consisting of an initial payment of 400 million baht and an additional performance-based payment of up to 1.6 billion baht. This transaction is under the
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