Write a paragraph about Tesco Lotus Hackathon 2018.
Tesco Lotus Hackathon 2018 is the first event of Tesco Lotus in Thailand, to invite the burgeoning startup community in Thailand to help come up with innovations to serve the digital era customers better. The winning idea may be implemented by Tesco Lotus across its stores, realizing Retail 4.0 in Thailand. It will be held under the theme of Revolutionising Retail towards Thailand 4.0. The ‘problem statement’ It have chosen for the first hackathon is to redesign Tesco Lotus Express experience for future neighbourhoods and specifically chose Tesco Lotus Express as these are small-sized community stores that interact with customers on a daily basis. It is hopeful that the ideas and solutions that are gathered during the hackathon will not only benefit our customers and our business, but can also be utilised by local community stores. This in turn will help to uplift Thailand’s retail industry to transform into Retail 4.0.

Lessons from this paragraph

Tesco Lotus, Thailand’s leading retailer, will host the Tesco Lotus Hackathon 2018, the first event of its kind in the Thai retail industry, to invite the burgeoning startup community in Thailand to help come up with innovations to serve the digital era customers better. The winning idea may be implemented by Tesco Lotus across its stores, realizing Retail 4.0 in Thailand.

Tesco Lotus is committed to using innovation to help us serve customers better as their behaviours change rapidly in the digital era. Innovation is also important for improving our operation efficiency. We believe that partnership underpins innovation, with each party contributing their strength and expertise in their own respective area in the creation of innovations that address the needs of the modern day customers in the new paradigm of retail. The Tesco Lotus Hackathon 2018 will be our, as well as the Thai retail industry’s first. We want to extend an opportunity for startups in Thailand, as well as individuals from any industry and students to take part in coming up with innovations that serve the needs of digital era customers and solve business pain points at the same time. Together, we will be revolutionising our retail industry towards Thailand 4.0.

The Tesco Lotus Hackathon 2018 will be held under the theme of Revolutionising Retail towards Thailand 4.0. The ‘problem statement’ we have chosen for the first hackathon is to redesign Tesco Lotus Express experience for future neighbourhoods. We specifically chose Tesco Lotus Express as these are small-sized community stores that interact with customers on a daily basis. On average, annual transactions across all 1,500 plus Tesco Lotus Express stores surpass 415 million. We are hopeful that the ideas and solutions that are gathered during the hackathon will not only benefit our customers and our business, but can also be utilised by local community stores. This in turn will help to uplift Thailand’s retail industry to transform into Retail 4.0.