The on-demand work model really took off when Uber made it easy for people to hail a ride from the comfort of their couches. The taxi industry was ripe to disrupt, marketplace technology was available, and the on-demand model was the right business model. Uber was so successful that the term Uber of became the zeitgeist for startups in the on-demand economy.
What followed was a surge of companies cloning the on-demand ride-hailing model for different industries from food delivery, handyman services, house cleaning, to weed delivery. Many of these jobs are rote work. Tasks involved in these jobs such as driving, ordering food, and cleaning are repetitive and can be scaled across many on-demand workers relatively easily. And given many of these jobs involve simple tasks, there are many people who can do them and the supply of workers is high.
Companies spend millions of dollars generating or purchasing insights every year. In 2012, a report by McKinsey and IDC found that an employee spent an average of 8.8 hours searching for information and an additional 8.1 hours analysing it during a workweek. That equates to around 60 days per year of people spending time generating insights rather than executing on them.
While the SaaS wave has taken many developed countries by storm, the prevalence of this business and delivery model is still relatively low in Southeast Asia. With its digital economy estimated to reach USD 130 billion by 2025, Indonesia is an important market to crack. As such, understanding how Indonesians are reacting towards the SaaS model is key to unlocking the potential of the rest of the region.
Download our 32-page deep-dive research to learn more about how SaaS is transforming digital economies in Indonesia.
Learn why Indonesia’s E-commerce industry is set to grow to an $82 billion industry and how you can take advantage of this trend.
This 40-page deep-dive report includes: – Insights from industry insiders – Data on Indonesians’ e-commerce behaviour – Key drivers and opportunities in the market
How is Indonesia becoming Southeast Asia’s biggest home to startup unicorns?
In this 15-slides presentation, you will get bite-size information about – The unicorns of Indonesia – The key drivers to Indonesian startup ecosystem – Key trends on startup investments and growth industries in Indonesia
NextDev, organised by Indonesia’s largest telecommunications carrier Telkomsel, is an annual technology event aimed at promoting technology startups in Indonesia. Ravenry was one of the winners in 2019 NextDev’s Startup Scouting competition beating hundreds of other startups across Indonesia. Ravenry was chosen for the social impact it brings to Indonesian professionals through its knowledge work platform.
Ravenry is one of the winners of NTT Communications 2018 Startup Challenge held in Indonesia. As the largest telco in Japan, NTT has helped Ravenry open many doors into new collaboration opportunities to the largest companies in Japan. Such strong backing has helped Ravenry generate credibility as a young startup amongst many Japanese organisations.
Indonesia is one of the fastest-growing countries in the world. A report by PWC states that Indonesia will become the fourth largest country by GDP in the world by 2050. This is evident in the past few years as the country’s GDP has consistently been growing at more than 5% annually (vs. 3% global average). The country is already the biggest economy in Southeast Asia with more than USD 1 trillion in GDP.
In August 2019, President Joko Widodo has announced that Indonesia is moving its capital city from Jakarta to East Kalimantan. Indonesia’s new capital is going to be located somewhere in the municipalities of Kutai Kartanegara and Penajam Paser Utara in East Kalimantan (Borneo Island).