IT Services & Consulting: Unveiling Indonesia’s Burgeoning Tech Ecosystem

04 Mar 2024 Valdy

Geopolitical tensions raise the risk of cyberattacks, and the average cost per breach continues to rise, highlighting the ongoing need for robust cybersecurity measures for businesses.

51% of companies increase cybersecurity costs and investments due to the escalating cost of data breaches and cyberattacks.

Indonesia faces a critical challenge in data protection; this vulnerability underscores the need for robust cybersecurity through IT Consultants & Services companies.

Indonesia’s tech sector receives support from the government: Law No. 27 of 2022 on Personal Data Protection and Circular Letter No. 29/SEOJK.03/2022 related to robust data security protocols for individuals and financial institutions.

There is no sector rating yet, but we foresee Indonesia’s tech sub-sector IT Consultant & Services’ prosperous future, propelled by a potent combination of supportive regulations, surging demand for security solutions, and the transformative potential of emerging technologies.