TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Betting on B2B integration in the cloud to build resilience, competitive edge

As Indonesian businesses work toward scaling up further, many organizations are quickly realizing the benefits provided by a fully hosted cloud platform that enables them to quickly ramp-up B2B transactions, trading partners and industry standards.

Rendy Adhisurya (The Jakarta Post)
Premium
Jakarta
Thu, August 13, 2020

Share This Article

Change Size

Betting on B2B integration in the cloud to build resilience, competitive edge In fact, Indonesia’s market for cloud services is estimated to reach US$1.2 billion in 2022, according to a report by market research firm Frost and Sullivan. (Shutterstock/Blackboard)

T

he COVID-19 pandemic has clearly disrupted businesses in Indonesia. Several businesses will need continued government support to successfully navigate this period.

Currently, capital expenditure and information technology (IT) spending are being reevaluated. While the road to full recovery is going to be long and arduous, various financial stimulus initiatives announced by the government can help the economy and businesses outlive this pandemic.

In spite of the current macroeconomic challenges, Making Indonesia 4.0, the much-lauded industry road map, still presents the greatest opportunity for Indonesia to land within the top 10 of the biggest global economies by 2030. To reach this, one needs to ensure that business processes are well-integrated to accelerate economic recovery, capability building and scalability across Indonesia’s key sectors.

As businesses across Indonesia focus on improving collaboration and communication across the value chain, business-to-business (B2B) integration has emerged to become a key business imperative. No longer merely regarded as a challenge for the chief information officer to tackle, B2B integration presents an opportunity for businesses in Indonesia under the current situation to ensure efficiencies at scale across their partner and supplier ecosystem, encompassing operational processes such as onboarding partners and invoicing suppliers.

With Gartner and IDC forecasting a precipitous drop in global IT spending this year, cloud services are seen to be bucking the trend. And this trend is only seen to continue on, with B2B integration getting a new lease on life in the cloud.

Following ASEAN’s most recent digital integration framework, where two out of five priorities are closely related to harnessing the power of integration to coordinate and facilitate B2B business interactions across regions, cloud-based B2B integration will allow companies in Indonesia to experience significant reductions in infrastructure, maintenance and personnel costs associated with older, on-premises solutions.

It comes as no surprise that an increasing number of organizations across Indonesia are looking at B2B integration as a means to offer more flexibility, more efficiency and a faster approach to partner operations. As partner ecosystems become even more woven into an organization’s fabric, moving B2B integration to the cloud allows businesses in Indonesia to fully capitalize on its potential, empowering them to successfully manage vast networks of partners while increasing business velocity and sparking innovation.

to Read Full Story

  • Unlimited access to our web and app content
  • e-Post daily digital newspaper
  • No advertisements, no interruptions
  • Privileged access to our events and programs
  • Subscription to our newsletters
or

Purchase access to this article for

We accept

TJP - Visa
TJP - Mastercard
TJP - GoPay

Redirecting you to payment page

Pay per article

Betting on B2B integration in the cloud to build resilience, competitive edge

Rp 29,000 / article

1
Create your free account
By proceeding, you consent to the revised Terms of Use, and Privacy Policy.
Already have an account?

2
  • Palmerat Barat No. 142-143
  • Central Jakarta
  • DKI Jakarta
  • Indonesia
  • 10270
  • +6283816779933
2
Total Rp 29,000
{

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.