Indonesia’s position as the largest economy in Southeast Asia has fueled its rise in the Cloud Computing, and Data Center industry. Coupled with relatively low startup and operational costs, the country is rivaling traditional Cloud Computing, Cybersecurity, and Data Center hubs. Data Centers in Jakarta alone are set to witness a compound annual growth rate (CAGR) of 21.8% in the years 2019-2024 , the highest for any city in Southeast Asia (Cushman & Wakefield Datacenter Report 2019).
The central government’s decision to enact and relax Data Sovereignty Laws, has served as a framework for the industry at large. Strict data localization laws, once created a regulatory structure that drove demand. However, the subsequent move to ease legal restrictions, and the continued robust demand, has reassured the major players in the industry. Fears of a market crash were quickly allayed. This flexibility and willingness to evolve makes Indonesia distinct from many of its closest competitors.
What will Indonesia’s digital future hold? Join W.Media along with industry experts and changemakers at the W.Media Cloud and Data Center Convention to find out!
