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Finding Out the Strength and Weakness of Startup Ecosystem in Indonesia

The Global Mobile Internet Conference (GMIC), which highlights the utilization of mobile technology, will be held for the very first time in Jakarta this coming August 11, 2015. With “Bringing the Best of the Mobile Internet World to Southeast Asia and Vice Versa” as its main topic, the event will discuss about Thought Leadership, Mobile Marketing & Monetization, Internet of Things, Global Game Summit, and AppAttack. One of most interesting topics would be the discussion on the strength and weakness of startups ecosystem in Indonesia.

These past few years, startup industry in Indonesia indeed is in the midst of promising growth. This is strongly related to the support that the ecosystem gains, which is much better than before.

According to Andi S. Boediman in his article on Medium, the current position of startup ecosystem in Indonesia is as a developing tech country with huge market. It means that actually, local startups can survive only by targeting local market, thanks to the immense potential we have. Nonetheless, the local condition hasn’t been far from the start line so far.

Within such condition, there are still many elements that local players need to grow to create a better ecosystem. According to Boediman, there are seven pillars that need to be focused on, namely Entrepreneur, Education, Funding, Regulation, Physical and Digital Infrastructure, E-Money Adoption, and Nationalism.

So, what is Indonesian strength in startup industry?

The answer will bring you to the very position of the startup in Indonesia, which is as a growing tech country with huge potential market. Well, with no less than 250 million people, Indonesia is predicted to be the third most populated countries in the world, after India and China, by the next 20 years. What a huge potential market it is, indeed.

Through the Global Mobile Internet Conference (GMIC), which will be held this coming August 11, you will gain deeper insight on the current condition of startup ecosystem in Indonesia, as well as its strength and weakness. The event will be huge, as it will feature high profiles as the speakers, namely CyberAgent Ventures’ VP Steven Vanada, Skystar Capital’s Associate Director William Eka Wijaya, and Digital Media Partners’ General Partner Dmitry Levit, as well as Convergence Ventures’ Managing Director Adrian Li as the moderator.

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Disclosure: DailySocial is the media partner of Global Mobile Internet Conference Jakarta 2015.