Search
Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Indonesian start-ups merge to support digitisation of SMEs

According to a recent report, four Indonesian SaaS platform-based start-ups merged to create a platform that will support SMEs through digitisation and human resources and financial management.

Mekari aims to increase the productivity of SMEs in the country through significant technology adoption.

Digitising SMEs for a stronger economy

This move was in response to the government’s plan of digitising eight million SMEs within this year.

According to statistics provided by the Ministry of Communication and Information, only 6.5 million out of a total of 59.2 million SMEs have been digitised.

A modern solution was needed to enhance the business of Indonesian SMEs, hence Mekari was born.

The merged start-up will provide help in cloud-based human resources management and financial management.

Moreover, it will focus on providing a more affordable SaaS option that would address the needs of the SMEs.

Based on statistics from 2017, SMEs contribute 64% or about US$ 60 Million every year to Indonesia’s economy.

However, based on findings by global management consultants, the acceleration of economic growth in Indonesia is hindered by the low number of SMEs that utilise digitisation in their businesses.

Thus, the need to boost the country’s SMEs.

Empowering fishermen with digital tech

In other news, an Indonesian fishery start-up recently won in the grand final round of the Alipay-NUS Enterprise Social Innovation Challenge for its use of digital technology in helping Indonesian fishermen.

Aruna is a platform that improves the livelihoods of fishermen by providing them with better market access and fairer trading opportunities.

The event was jointly organised by a Chinese e-payment giant and the entrepreneurial arm of the National University of Singapore (NUS), which is the NUS Enterprise.

The start-up’s platform aims to reduce transaction cost by connecting the fishermen to potential customers.

They can help the fishermen and the buyers alike as they can increase the fishermen’s selling prices by as much as 20% while the buyers can pay up to 15% less.

This platform has already served 1,701 fishermen in 16 provinces in Indonesia.

Prizes for the finalists

The start-up was ecstatic over their first international win, which recognises their work and will now work on further growing their team in order to help more fishermen out of poverty.

Aruna will receive a total of S$60,000 as grand finals winner while the other eight finalists from Singapore, Malaysia and Indonesia will receive S$10,000 each.

All of the finalists will be given support from the organisers and other supporting partners to further develop their ideas.

On top of the cash prize, the winner and all other finalists will also benefit from the 10×1000 Tech for Inclusion programme.

The training programme aims to support the cultivation of 10,000 technology experts in emerging markets from both public and private sectors over the next 10 years.

Since its launch in October 2018, the 10×1000 programme has conducted preliminary surveys to optimise its training modules and has hosted a number of training and exchange activities.

OpenGov Asia earlier reported on Indonesia boosting the fishing sector via digitalisation.

The report highlighted that using technology in the maritime sector will increase the utilisation of Indonesia’s enormous marine wealth.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com