Digital competitiveness now more equitably spread across Indonesia
FOR all the talk of a global digital winter, Indonesia’s digital economy – on track to be worth an estimated US$360 billion by 2030 – continues to power ahead.
East Ventures launched the East Ventures – Digital Competitiveness Index 2023
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia, together with Katadata Insight Center and PwC Indonesia launched the East Ventures – Digital Competitiveness Index (EV-DCI) 2023, which is the 4th edition since it was first launched in 2020. The EV-DCI 2023 report presents the measurement of Indonesia’s digital competitiveness with the theme “Equitable digital nation”.
Equitable digital nation: Willson Cuaca, Co-Founder & Managing Partner at East Ventures
As an early believer in the capabilities of Indonesia's digital ecosystem since 2009, East Ventures has witnessed the evolution of digital growth in Indonesia. At that time, the internet penetration was only 30 million people. As of January 2023, internet penetration has reached 212.9 million, or 77 percent of Indonesia's total population. It is an astonishing number for the growth of Indonesia's digital economy.
The quality of public services reflects the presence of the state: Ma’ruf Amin, Vice President of The Republic of Indonesia
I always emphasize the importance of improving the quality of public services at various events. The government continues to promote public services that are professional, straightforward, free of corruption, and have a real impact on the people. Community satisfaction with public services reflects the presence of state in society.
Exports and investment are the keys to push forward: Airlangga Hartarto, Coordinating Minister for Economic Affairs of Indonesia
We need to look at our regional economy, if we look at ASEAN its position is still relatively better compared to various regions including Europe. We can see that our main trading partners, both China and India, will still grow positively this year. Both have become relatively better environments compared to other regions.
Everyone must synergize to develop a digital ecosystem: Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investment
One of the topics discussed at the G20 Summit in Bali and the main concern of countries with the strongest economies in the world is digital transformation to support economic resilience and resilience. Asian economies are growing faster than the global economy. Indonesia's economy has grown by more than 5%, and it is hoped that it will continue to take advantage of the momentum of economic recovery after the past pandemic.
We must think agile like a startup: Sandiaga Uno, Minister of Tourism and Creative Economy of Indonesia
I am pretty certain that tourism and the digital economy possesses toughness and resilience. Our digital economic growth is massive and it was targeted to reach USD 150 billion. I said that it is an event that leads to recovery. So we will organize many events this year such as the world shooting championship, ASEAN Tourism Forum (ATF), FIFA World Cup U-20 World Cup, etc.
Post-COVID anticipation and challenges: Budi Gunadi Sadikin, Ministry of Health of Indonesia
Regarding this digitization, it's a life change in many industries. Many have been significant, for example the music industry, since there was an iPod, shifted to Spotify, massively changed the business model of the industry. And, gradually almost all industries are affected. The transformation of banking is also affected due to this digitalization, the hotel business with the existence of Airbnb, as well the restaurants.