ICT
From The Report: Indonesia 2020
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The vibrancy of Indonesia’s digital economy is evident in the ubiquity of the green-uniformed Go-jek and Grab delivery drivers navigating via mobile device through its streets. Indonesia has the largest and fastest-growing ICT market in South-east Asia, and presents an enticing opportunity for investors thanks to demographic and macroeconomic factors, particularly as the government presses on with omnibus laws to reform a host of financial, investment, labour and tax regulations. Challenges include an uncertain macroeconomic environment weighed down by the Covid-19 pandemic, and an undefined regulatory and legal framework under which cybercrime threatens to undermine confidence and trust. However, these issues are not insurmountable, and longstanding government plans to improve internet and mobile data service provision across the country are coming to fruition, in tandem with the evolution of a dynamic digital services ecosystem steered by homegrown unicorns and supported by a thriving market for ancillary services. This chapter contains interviews with Johnny Plate, Minister of Communication and Information Technology; and Ming Maa, President, Grab.

Articles from this Chapter

Overview

Bright future: The digital economy shows potential for growth as service providers respond to rapidly increasing demand
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The vibrancy of Indonesia’s digital economy is evident in the ubiquity of the green-uniformed Gojek and Grab delivery drivers navigating via mobile device through the streets of its major cities. Indonesia has the largest and fastest-growing ICT market in South-east Asia and presents an enticing opportunity for investors, thanks to demographic and macroeconomic factors, particularly as the government presses on with its omnibus laws to reform a host of financial, investment, labour and…

Interview

Innovative solutions: Johnny Plate, Minister of Communication and Information Technology, on the development of the digital economy
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Interview:Johnny Plate How do you foresee the development of e-government services over the 2020-25 period? JOHNNY PLATE: Speed of service is key to bureaucratic reform, and we are applying ICT solutions for government tasks. We are heavily focused on creating an ecosystem where bureaucracy is supportive of the growth of the digital economy. As of 2020 the majority of government institutions are implementing e-services. A positive example has been the successful application of technology…

Analysis

Boom market: A growing number of international services providers are establishing their first cloud regions in Jakarta
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Indonesia’s data centre market is flourishing as global cloud solutions providers race to take advantage of the country’s booming digital economy. Financial benefits from using public cloud services could add as much as $36bn to Indonesia’s economy between 2019 and 2023. According to market research firm Frost & Sullivan, Indonesia’s cloud market could be valued at up to $1.2bn by 2022, driven by demand from Indonesia’s base of more than 60m small and medium-sized enterprises.…

Analysis

Top speed: Infrastructure building continues as industry players anticipate 5G rollout and updated data regulations
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In keeping with its position as the largest economy in ASEAN, Indonesia is expected to eventually capture the largest share of rising consumer and enterprise revenues as a result of 5G deployment. A study by global management consulting firm Kearney suggests that the technology could lift consumer revenue across the region by 6-9% before 2025, and enterprise revenue by 18-22%, as operators spend an estimated $10bn on infrastructure investments. Indonesia is expected to be well placed to…

Interview

Problem solvers: Ming Maa, President, Grab, on using innovative technology to address society’s most pressing challenges
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Interview:Ming Maa What more can be done to ease cross-border barriers and promote fair competition to support the growth of more regional tech giants? MING MAA: The South-east Asian digital economy is expected to grow three-fold to $300bn by 2025. For the digital economy to reach its potential, regional cross-border data flows are essential. The ability of data to flow freely across borders will enable regional tech companies such as ours to disperse the benefits of their technologies across…