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SpirE-Journal 2014 Q3

Spire E-newsletter Q4 2014

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Spire E-Newsletter Q4 2014

Another win for Spire at the Telkom Supplier Awards 2014

20 November 2014

Telkom Indonesia – one of the largest telecommunications services company in Indonesia – hosted its annual Telkom Supplier Award on 20th November 2014 at Bandung, Indonesia. The award ceremony gathered Telkom’s subsidiary, partner companies and suppliers. Spire Research and Consulting was awarded second place in the Best consultant category at Telkom Supplier Award for the fourth time.

The token of appreciation was received by Erwin Widjaja, Country Director, Indonesia of Spire Research and Consulting in the presence of Honesti Basyir, Financial Director of Telkom. Spire has been continually recognized for its outstanding efforts – an affirmation of its service quality, integrity and research dedication.

Spire comments on Cloud computing usage in Singapore’s financial services industry

29 October 2014

Spire Research and Consulting’s CEO Leon Perera was privileged to deliver the first Opening Plenary address at CloudAsia 2014 held in Singapore on 29-30 October. He shared key insights from Spire’s study on Cloud computing usage in Singapore’s financial services industry (FSI) and recommended approaches to increase Public Cloud usage in the FSI.

At the Opening Plenary of CloudAsia 2014, Leon Perera, CEO of Spire Research and Consulting shared that some Financial Institutions operating in Singapore were already using the private Cloud for non-core applications. However the study found that Financial Institutions were hesitant to further explore Public Cloud adoption for core applications involving production data.

The study recommended approaches to increasing Cloud usage for core applications through the creation of prescriptive codes of conduct for FI-vendor contracting as well as security. The study concluded that an opportunity currently exists for a multi-stake-holder effort to develop such codes of conduct so as to achieve buy-in from regulators, industry practitioners and vendors. If this could be achieved, the benefits to both the FSI and the Singapore economy would be considerable.

The CloudAsia conference was co-organized by the Infocom Development Authority of Singapore. Its Assistant CEO, Mr Khoong Hock Yun, delivered the welcome address. Other speakers included Ms Teresa Carlson, Vice-President for Worldwide Public Sector at Amazon Web Services and Nick Earle, Senior Vice-President for Worldwide Cloud Sales at Cisco.

Perera’s presentation deck on “Cloud Computing for Financial Services Institutions” can be found here.

Spire talks about India’s e-tailing industry from the seller’s perspective

29 October 2014 (LiveMint)

29 October 2014 (Business Standard)

29 October 2014 (The Hindustan Times)

29 October 2014 (Deccan Chronicle)

29 October 2014 (Financial Chronicle)

29 October 2014 (Asian Age)

Spire’s research study aptly titled, ‘India’s E-Tailing Industry – Seller’s Perspective’ was released at a press conference held in New Delhi on 29th October 2014. The study was conducted across 13 states in India spread over 300 retailers in 3 sectors, namely apparel, consumer electronics and food. The study generated insights on online shopping trends and their effects on sellers.

The Spire study revealed that over 54% of businesses reported a growth of more than 20% in revenue sales since going online. Businesses in the apparel and food industries saw more profits from e-tailing than those in the consumer electronics sector.

Spire forecasts that by 2020, 45% of Indian businesses will see their online share grow to between 20 – 50% of sales in these sectors.

Spire believes that despite challenges such as lack of robust payment infrastructure, risk in COD payment options and difficulties in logistics as well as order placements, the e-tailing industry in India is poised for growth.

The presentation deck on “India’s E-tailing Industry – Seller’s Perspective” can be found here.

Spire discusses Indonesia’s tourism sector at the South East Asia Hotel Expansion Summit 2014

29 October 2014

Indonesia is now poised to become a popular holiday destination for national and international tourists. The growing tourism sector is becoming economically significant. Against that backdrop, the third South East Asia Hotel Expansion Summit 2014 gathered key industry stakeholders and service providers from Indonesia’s travel and tourism sector to discuss the market outlook and potential business opportunities.

Jeffrey Bahar, Deputy Chief Executive Officer of Spire Research and Consulting, was amongst the prestigious list of speakers at the 3rd Annual SEA Expansion Summit 2014 held in Jakarta, Indonesia. In his presentation, Bahar emphasized how the tourism sector boosts the economy. 2014 saw a record number of inbound tourist arrivals, at 8.6 million.

He shared that Indonesia’s travel and tourism sector is expected to grow further due to the implementation of a common ASEAN Visa, expected by the end of 2015.

However, the nation still struggles with challenges such as excessive competition in the aviation industry, which has seen smaller airlines closing down due to debt issues and a lack of infrastructure. This has curbed intra and inter island connectivity. Moreover, a general lack of English language proficiency amongst Indonesians tends to impede service levels in the foreign tourist sector.

Nonetheless, these problems are being tackled. The government plans to allocate USD140 billion for further transport infrastructure development. The government has also been taking steps to preserve Indonesia’s tropical rainforest. It introduced a logging moratorium in 2011 which is still in force. This will auger well for Indonesia’s high-potential eco-tourism sector.

Bahar’s presentation deck on “Overview and trends in Tourism sector” can be found here.

Spire joins Indonesia’s Ocean Investment Summit 2014 as a guest speaker

1 October 2014

Indonesia is the world’s ninth largest aquaculture producer. What business prospects lie in Indonesia’s aqua farming industry? Spire Research and Consulting was honored to be a speaker at the Indonesia Ocean Investment Summit 2014 in Jakarta, on behalf of the Norwegian Embassy. The event aimed at exploring sustainable fishery and maritime industrial development opportunities in Indonesia.

At the event, Erwin Widjaja, Director, Indonesia of Spire Research and Consulting, spoke about aqua farming and the untapped opportunities in this industry. Fisheries activities need to be developed in order to provide national food security and reduce poverty. He shared that Indonesia’s fisheries extend to an impressive 5.8 million km – three-quarters of the entire national territory.

Widjaja commented that opportunities in aqua farming are abundant. Indonesia is at an advantage because 76% of its surface area is under the Equatorial Ocean. There is an increasing demand for high-value fish species such as snapper, grouper, barramundi and pompano.

He pointed out, however, that the production value chain was still facing difficulties due to an under-developed infrastructure for logistics. Moreover, most local industry players still tend to avoid usage of vaccines – regarded as an industry best practice – because meeting safety regulations can be quite cumbersome or farmers are simply unaware of the benefits.

Widjaja shared that uncoordinated and illegal fishing practices need to be stopped to defend the sustainability of maritime sector. Such practices threaten to hurt the livelihoods of marine and coastal communities as well as threaten fish value – the ultimate food security.

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