Wahyu Dwi Anggoro
IDXChannel - Chair of ASEAN Business Advisory Council (ASEAN-BAC), Arsjad Rasjid, has emphasized the importance of digital transformation in the business and entrepreneurial development in the ASEAN region.
According to Arsjad, the industry revolution 4.0, driven by digital technology and automation, can advance industries. Indonesia is projected to be a leader in the adoption of artificial intelligence (AI) in the ASEAN region.
AI businesses have great potential in the ASEAN region, considering that ASEAN is currently the world's fastest-growing economy. According to the International Federation of Robotics (IFR), there have been 517 thousand new industrial robot installations worldwide, with 74% of these installations taking place in the entire Asian region.
"The global business environment has rapidly evolved, and digital technology has become one of the means to success. By adopting digital transformation, businesses in the ASEAN region can enhance their competitiveness in the global market, open up new market opportunities, improve customer satisfaction, and empower micro, small, and medium enterprises (MSMEs)," said Arsjad in a media release on Thursday (6/7/2023).
In line with Arsjad's statement, the World Economic Forum (WEF) has revealed that digital transformation can not only make businesses more efficient and profitable but also more agile and intelligent, adapting to changing consumer needs and market conditions.
