[RECAP]: Indonesia-Australia Digital Forum 2018

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Thank you to the Indonesian and Australian Governments for jointly hosting the excellent Indonesia-Australia Digital Forum. As Australia’s Department of Foreign Affairs and Trade noted: “The objective of the program [was] to build new areas of cooperation, and to drive momentum in Australia’s commercial links with Indonesia’s vibrant digital economy.” As ANGIN, we were excited to participate in the program on the 1st of February, as well as the supporting program for collaboration with Australian business on the 31st of January.

The conference saw many guest appearances from both key members of the Indonesian government as well as the Australian government. Notably the Gala Dinner was hosted by the Indonesian Minister for Communications and Informatics, Pak Rudiantara. Also present was The Honourable Michael Keenan, who congratulated the forum participants for showing real commitment to the shared future between Australia and Indonesia. Australia’s Prime Minister, Malcolm Turnbull, also made a televised speech from the other side of the ocean.

Being a part of the supporting program for Indonesian and Australian businesses on the 31st of January was also incredibly insightful. A number of important voices in the startup space from both the founders side and the investors side came together to describe the challenges for building transnational private partnerships. To that end, a number of stakeholders were called on to voice their opinions. There were two panels, one facilitated by Convergence Ventures’ partner, Donald Wiharja, and the other by Algorith.ma’s managing director and co-founder, Nayoko Wicaksono. Some topics discussed were: “Will Indonesia’s payment process follow an American or Chinese model?” and “What are the challenges for e-commerce development in Indonesia?”. To answer, a number of industry leaders came together and drew on their vast experiences, notably: COO of Bukalapak, Willix Halim; founder of Acorns, George Lucas; the President of FinTech Australia and Managing Partner of Inventure, Simon Cant; as well as representatives from McKenzie Consulting, the Bank Central of Indonesia, and many other well-recognised speakers.

In addition to the fintech and startup stream that ANGIN participated in, there were a number of simultaneous discussions on the topics of digital health, cyber security, smart government, and creative digital industries. It was truly a comprehensive and informative few days.

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RECAP: Clapham StartupFest 2018

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From February 2 – 3, EV Hive at Clapham was buzzing with young entrepreneurs, students, and investors alike attending the third annual Clapham Startup Fest. Clapham StartupFest is an annual event that aims to bring together the startup community of Medan through two jam-packed days of workshops, panels, and networking. Founders did quick pitches at the expert speed-dating sessions to representatives from investor groups like ANGIN and East Ventures, while others sat in on specialized workshops such as copywriting for social media and legal considerations for startups. Attendees were able to attend a variety of panels and talks ranging from an all-female panel speaking on the unique challenges faced in the workplace to Go-Jek’s Crystal Widjaja speaking on using analytics to manage growth to a personal fireside chat with Kevin Darmawan of Coffee Ventures.

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ANGIN and Connector.ID were able to take special part in Clapham StartupFest this year. ANGIN’s Valencia Dea explained angel investment to a crowd of young and aspiring startup leaders and sat on the Womendiri panel, while Meredith Peng hosted a workshop on the fundraising landscape of Indonesia and how to approach various capital providers. ANGIN team were also glad to discover confident and passionate founders at speed dating and Pitch Stage session.

It was an especially vibrant event this year, with inspiring panelists and event attendees alike. The future of startups is looking bright in Medan, and our hope is for ANGIN and Connector.ID to continue to support this entrepreneurial city’s ecosystem. Special thanks to the Clapham StartupFest team, the event sponsors, and Christopher Angkasa for creating this event and showing us some signature Medanese hospitality!

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IDEC Indonesia Startup Outlook


IDEC Indonesia Startup Outlook
Sabtu, 27 January 2018 | 14:00 – finish | Metropolitan Tower, Lt. 13, Cilandak
Do you want to open your own business? You have to know the trends in startup world and who’s going to be the key players in the industry.
Join IDEC in our next seminar and broaden your understanding on startup world and trends.
Inviting two experts in startup industry:
1. Meredith Peng, Director of Connector.ID and Senior Consultant of ANGIN
2. Retno Dewati, SEA Regional Manager of Fenox Venture Capital.
Reserve your spot and be one step ahead of your competitors!
FREE Admission
RSVP Here: https://www.eventbrite.com/e/indonesia-startup-outlook-tickets-42190790791

[RECAP] Revolutionizing the Indonesian Economy Through a Data-Driven Workforce: Algoritma Academy Launch & Fireside Chat

Indonesia is one of the hottest places for tech startups in Southeast Asia. With a new venture popping up everyday, the demand for data scientists and programmers is increasing. Algoritma Academy, a new start-up dedicated to creating a more data-driven, data-literate society, is attempting to fill that demand. Offering courses in data visualization and machine learning, the startup promises a mix of classroom technique and real-world application.
On launch day, Algoritma Academy brought in several startup founders and hosted a fireside chat. The chat was centered on data use cases and the importance of big data within business contexts.
Here are some key highlights from the talk:

  1. Data has a wide range of use cases. Galvin Mame of iflix noted that some of the best business decisions of his company were drawn from data insights. For instance, using data on television show preferences, they found out that Mr. Robot was one of the most pirated TV shows of the year. They subsequently bought the show, which became a runaway hit and one of the biggest shows on their platform. Irzan of Kata.ai noted that data is the “fuel to our engine,” and uses data to understand how people text and what slang is trending. “In English, there’s only one way to say ‘I,’ but in Indonesian there are probably 70. Saya, aku, gue, gua, you name it.” Building a chatbot is challenging in itself, and a Bahasa chatbot even more so. Knowing that good data is what makes good AI, Irzan cut no corners and made sure to collect as much data in as many use cases as possible.
  2. Tiket.com’s data success story: Natali Ardianto of booking website Tiket.com noted that data analysis has helped unlock huge sales. For instance, from looking at the data his team realized that one of the hottest problems at the time lay in filling out your name when booking tickets. Because many Indonesians have one-word names, many people could not fill out their names properly on the website and were therefore abandoning their attempts at buying tickets. By changing this form from “First Name, Last Name” to “Full name” and then doing manual work on the backend to submit names to airlines, revenue increased by IDR 10 billion. While manual work increased (Tiket.com customer support increased from 19 employees to 70), the move was worth it.
  3. Telecommunications companies are data powerhouses. Hiring a data guy? Consider someone with experience in Telcom. These companies have a crazy amount of data on their customers, from what apps they like to use, where they like to use them, and when. Whether or not you think someone is watching, chances are your Telcom company is. As a startup, you can model your data collection use cases on how Telcom companies use your data. For instance, tracking customers’ locations to predict where they will travel and then sending strategic push notifications to remind them to book a rental car can increase sales.
  4. Data science is teamwork. A single person can’t do it alone. Why? You need domain experts to contextualize data. You need data engineers to build your product. Most of the time, people can’t do both. Without a domain expert, you won’t be able to build something specific and accurate to account for exceptions and special cases. Without an engineer, you won’t be able to build your vision. Successful data science is all about collaboration and building off knowledge.