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20

www.globeasia.com

T op Group s

ippo Group founder Mochtar Riady, a business

guru and man of ideas, firmly believes a country

with a strong grasp of technology will ultimately

become a world leader.

The standing of the United States and China in the global

economy is an example of how technology can make a

country prosperous. Modern technology has also seen many

businesspeople become billionaires almost overnight, with the

founders of Facebook, Alibaba and Lens Technology as prime

Mov i ng T owards

t he I n t erne t of T h i ngs

With the increasing implementation of the internet of things in Indonesia, the country now enters the next

level of modern business practices, which will help it assume a leading role in the global economy.

By

Albert WNonto

examples of this. In Indonesia, Nadim Makarim and Michael

Angelo’s Go-Jek has become a household name and the ride-

haling firm saw its value soar to more than $3.5 billion within

eight years.

While the internet of things (IoT), a network of physical

devices equipped with the means to connect and exchange

data, has started to make global headway over the past two

years, it is now proving its potential to boost business value

and improve lives as a whole.

L