JAKARTA - Indonesia is still a strong magnet for the development of startups. Even Indonesia has ranked 6th most in the world with a total of 2,444 startups.
The massive number of startups in Indonesia has made the startup industry competition even tighter and demands startups to be more observant in seeing innovation opportunities to be able to survive. The right support of the digital ecosystem then plays a crucial role as a stimulus for startups to continue to grow.
One industry that is considered to be able to provide support for a qualified digital ecosystem for startups is telecommunications, which has become a backbone for the digital sector in a country.
As a subsidiary of Telkomsel which focuses on developing the digital ecosystem, INDICO is also optimistic about the support of the digital ecosystem from the telecommunications industry which is able to encourage startup businesses today. In Indonesia, the telecommunications industry has a crucial role in various sectors, especially considering that Indonesia is the largest archipelagic country in the world.
"In addition, as an industry that has been mature and operating for decades, the telecommunications industry has a very large asset and capability to be used as an enabler for the current sustainability of digital business," said INDICO CEO Andi Kristianto in his statement, quoted Monday 28 November.
INDICO emphasizes the importance of startup players to formulate their digital ecosystem to ensure sustainability.
Andi explained that the current challenging conditions are increasingly demanding startups to be able to immediately prove that their business is heading for profitability. Therefore, the existence of a digital ecosystem that supports startups is becoming more and more crucial.
"We see that the maturity of the telecommunications industry for decades can provide the right support for the digital ecosystem and help them in navigating their business," said Andi.
As one of the telecommunications industry players, Telkomsel, which has innovated in the last 27 years, has assets and capabilities that will be useful as a differentiation in the development of startup businesses.
"Through the capability of the telecommunications industry, we are optimistic that the ecosystem owned by INDICO can create significant value for startups that become INDICO portfolios in facing challenges and are able to help them in providing innovations that have a positive impact on society," concluded Andi.
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