How cloud computing services impact markets like Indonesia
In Southeast Asia, people are likely to use a digital service like Grab or Gojek to get a ride. In seconds, they can be matched with a driver. And millions more are on similar mobile apps as customers or partners for convenient services. Cloud computing helps these companies store, manage, and process data through remote servers.
With the amount of data startups process in each country, cloud computing is a critical 24/7 business function. Data needs to be securely stored, retrieved, and analyzed whenever users need the service, and startups need to make multiple critical data-based business decisions at all hours of the day. This is why cloud services are important to businesses and up-and-coming Southeast Asian markets.
Why cloud computing is important to Indonesia?
In Indonesia, it’s not only the four unicorns – Gojek, Traveloka, Bukalapak, and Tokopedia – that deal with a large amount of data on a daily basis while remaining compliant with regulations and protecting user privacy. Small hypergrowth local startups, reminiscent of China’s gladiatorial entrepreneurial ecosystem illustrated by venture capitalist Kai-Fu Lee, have also been sprouting throughout Indonesia and Southeast Asia.
The next unicorns from Indonesia are predicted to be from the education and healthcare sectors. Both industries straddle traditional and future mindsets, and deal heavily with personal data and content.