The IoT Market Potential
Indonesia’s average economic growth is forecasted to be an annual rate 5.5% during the period of 2018 to 2020. In 2018, the government launched an industry 4.0 roadmap – Making Indonesia 4.0. Key industries include food and beverage, automotive, electronics, chemicals, textile and garment. As part of the economic masterplan, Indonesia is working towards Southeast Asia’s largest digital economy through the 2020 Go Digital Vision. Indonesia’s digital economy is expected to contribute US$130 billion to its economy in 2020. Currently, there is an ongoing Palapa Ring Project to implement 36,000km of optic network. It will increase high speed internet connectivity throughout the country, especially in rural areas.
In the 25th edition of Asia IoT Business Platform Indonesia, the Ministry of Communication and Information Technology (MCIT) launched the IoT Roadmap Draft, with a focus on connectivity. Other government support include the Venture Capital Policy which provides incentives to finance tech startups. The policy seeks to emulate the accelerator and incubator concept of Silicon Valley.
The Indonesian government is also aggressive in pushing for smart city initiatives. Under its Movement to 100 Smart City plan, the country aims to achieve smart connectivity, smart solutions and smart user. In line with the ASEAN Smart Cities Network introduced in 2018 Indonesia has presented 3 cities: Jakarta, Makassar and Banyuwangi, as part of the pilot phase.
Telkomsel invests US$40 million in startups (The Jakarta Post)Telkomsel, a cellular operator subsidiary of state-owned communications company PT Telkom Indonesia, announced on Monday a US$40 million investment to…
Digitalisation Development and Key Opportunities in IndonesiaAs the largest archipelago in the world comprising of more than 260 million people and a continuous economic development with…
Digital Economy Brings Indonesia Up to Class (Industry.co.id)Minister of Industry Airlangga Hartarto Photo: Industry.co.id/Ridwan Industry Minister Airlangga Hartarto revealed, the implementation of the digital economy would bring…
The Advisory Board is made up of key IoT stakeholders from the public and private sectors and across the IoT supply chain. The esteemed Advisory Board advises on the content, themes, objectives and speakers for the conference to ensure content presented is highly relevant and cutting-edge, offering guidance into overall program development.
2019 Asia IoT Business Platform program will focus on concrete discussions between IoT solution providers and end users to address key challenges and pain points in implementing IoT in businesses. Esteemed speakers from across different industries provided insights on issues, challenges, and the latest developments in the IoT landscape in Indonesia.
Sponsorship & Exhibitions Opportunities
Asia IoT Business Platform is a dynamic business program that helps you understand more about the enterprise IoT market in Indonesia as well as the needs and challenges of your prospective clients and partners. Leverage the program to establish important connections and leads for your business development in Indonesia.
The 25th edition of Asia IoT Business Platform in Indonesia brought over 500 senior IoT stakeholders from the Government, telecommunications, manufacturing, logistics, transportation, healthcare, finance, and other relevant sectors to explore the possibility of adopting IoT solutions.