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Gorilla Technology Group to Introduce Security Solutions in Thailand’s Expanding Data Center Market

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Gorilla Technology Group Inc. (NASDAQ: GRRR) announces its expansion into Thailand with a comprehensive suite of data center solutions to enhance security convergence. The move aims to revolutionize Thailand's digital infrastructure by providing cutting-edge security solutions, driving innovation, and fostering economic growth.
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The entry of Gorilla Technology Group into the Thailand market represents a strategic move with potential ripple effects across the data center industry. As data centers are pivotal in supporting the digital economy, Gorilla's expansion could catalyze technological advancement and economic growth within the region. The emphasis on a full suite of data center solutions suggests a holistic approach to security, addressing both cyber and physical threats. This comprehensive strategy could position Gorilla as a key player in the market, potentially influencing the competitive landscape. The creation of tech jobs and the attraction of investments may lead to an uptick in economic activity, which could be of interest to stakeholders evaluating regional growth opportunities.

The introduction of Gorilla's Security Convergence portfolio in Thailand's data centers underscores the escalating importance of cybersecurity in the digital age. By leveraging their experience in creating Egypt's first AirGap Network, Gorilla aims to fortify the security posture of Thai data centers. The implementation of proprietary technologies and strategic collaborations could enhance Thailand's digital security infrastructure, potentially reducing the incidence of cyber threats. This proactive stance on cybersecurity can be a vital differentiator for Gorilla, potentially impacting the company's market share and reputation as an innovator in security solutions.

The economic implications of Gorilla's expansion into Thailand are multifaceted. The direct impact includes job creation and increased data center capacity, which can attract foreign direct investment and bolster the local economy. In the long term, the technological enhancements and partnerships with global tech leaders could lead to a more robust tech ecosystem in Thailand. This could improve the country's competitive edge as a digital hub in Southeast Asia, potentially influencing foreign investment patterns and trade dynamics in the region. Stakeholders may consider these factors when assessing the potential for sustained economic growth driven by technological innovation.

Expansion into Thailand Includes a Full Suite of Data Center Solutions for Both Physical and Cyber Domains, Ensuring Comprehensive Security Convergence

LONDON, March 28, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced its further expansion in the Thailand market, tackling its burgeoning data center needs by introducing a comprehensive suite of full-stack offerings aimed at revolutionizing security convergence for these facilities. This strategic expansion marks a significant milestone for both Gorilla and the evolving technological landscape in Thailand.

Data centers are the cornerstone of digital infrastructure and essential for various sectors by storing critical information. Gorilla, leveraging its recent success in creating Egypt’s first AirGap Network, plans to enhance the security of Thailand’s data centers with its Security Convergence portfolio. Utilizing its proprietary technology and collaborations with industry leaders, the company seeks to set a new benchmark in security for Thailand’s data center landscape, thereby protecting both digital assets and physical infrastructure.

Strategic Benefits for Thailand:

  1. Enhanced Security: Gorilla boosts Thailand's data center protection, reducing cybersecurity risks and elevating the nation's digital security.
  2. Technological Advancement: The Company's cutting-edge solutions drive innovation and elevate Thailand's data centers to global competitiveness.
  3. Economic Growth: Gorilla’s initiatives stimulate Thailand's economy by expanding data center capacity, attracting investments, and creating tech jobs.
  4. Partnership Opportunities: The partnership fosters knowledge sharing and innovation between Thailand and global tech leaders, enhancing the local tech ecosystem.

"Gorilla Technology is thrilled to further expand in the Thailand market and contribute to its journey towards becoming a digital hub in Southeast Asia," said Jay Chandan, CEO and Chairman of Gorilla. "Our full-stack solutions are designed to meet the unique needs of the Thai market, addressing the needs for robust security, data sovereignty and technological advancement, comprehensively aimed at empowering the country’s digital economy. We are extremely optimistic about Thailand's data center market's growth - a projected CAGR of 9.8% from $764 million in 2022 to $1.33 billion by 2028 - and believe we are strategically positioned to support this development. We look forward to fostering strong partnerships and driving innovation that benefits Thailand's economy and society."

About Gorilla Technology Group Inc.

"Empowering Your Tomorrow"

Gorilla, headquartered in London, U.K., is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. Gorilla offers a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education.

The Company’s vision is to empower a connected tomorrow through innovative and transformative technologies. Gorilla envisions a world where seamless connectivity transcends boundaries, enriching lives, industries, and societies.

For more information go to www.gorilla-technology.com.

Forward-Looking Statements

This press release contains forward-looking statements, which are based on estimates, assumptions, and expectations. Actual results and performance could differ materially and adversely from those expressed or implied in forward-looking statements. Gorilla does not undertake any obligation to update any forward-looking statements, except as required by law.

Investor Relations Contact: 
Cody Fletcher 
The Blueshirt Group for Gorilla 
+1 (434) 251-7165 
gorillair@blueshirtgroup.com

Media Contact:
James McCusker
Canaan Parish Group Inc.
+1 (203) 585-4750
canaanparishgroup@gmail.com


FAQ

What is Gorilla Technology Group Inc.'s ticker symbol?

The ticker symbol for Gorilla Technology Group Inc. is GRRR.

What market is Gorilla expanding into?

Gorilla Technology Group Inc. is expanding into the Thailand market.

What solutions is Gorilla offering for data centers in Thailand?

Gorilla is introducing a comprehensive suite of full-stack offerings to enhance security convergence for data centers in Thailand.

How does Gorilla plan to enhance security in Thailand's data centers?

Gorilla plans to enhance security by leveraging its proprietary technology and collaborations with industry leaders.

Who is the CEO and Chairman of Gorilla Technology Group Inc.?

Jay Chandan is the CEO and Chairman of Gorilla Technology Group Inc.

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