IMTGT Digital Economy / Moving Forward 2020

IMTGT Transformation to Digital Economy?

Unicorns, transformation and the internet of things

Overview Digital Economy

IMTGT is a bunch of dynamic members from the private sector in the 32 states &
provinces from the 3 countries (Indonesia / Malaysia /Thailand) With its population
hitting more than 70 million, its diversity into the business sector have been
transformed into the day to day business transaction and transformation taking
place from the top cooperate companies to the one man operation down the road.

IMTGT pivotal role in the 6 sectors that’s being the target of transformation to
digital economy in paving the new way of business methodology.

 TRADE & INVESTMENT

 TOURISM

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 IMTGT Digital Economy / Moving Forward 2020

 HALAL PRODUCTS

 HUMAN RESOURCE

 AGRICULTURE, AGRO BASE & ENVIROMENT

 TRANSPORTATION &ENGINEERING

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 IMTGT Digital Economy / Moving Forward 2020

The IMTGT business community and the world as we know it is continually

changing, and one of the most inspiring fundamental drivers is digital
transformation. At its core, digital transformation isn’t about Internet “unicorns.” It’s
about using the latest technology to do business & social in what you already do –
but doing it fast, result oriented and better.

The global economy all over the world is undergoing a digital transformation as
well, and it’s happening at breakneck speed in pushing economic stimulation to
the businessman on the street and its country economic growth.

So, what is the digital economy for IMTGT?

It′s the economic business activity in IMTGT, 32 states & provinces that results
from billions of everyday online connections among people, businesses, devices,
data, and processes. The backbone of the digital economy is hyper-connectivity
which means growing interconnectedness of people, organizations, and machines
that results from the Internet, mobile technology and the internet of the things and
technology driven innovations and accessibility for 24/7 economic stimulation.

The digital economy in today’s world is taking shape and undermining

conventional business notions about how businesses are structured; how firms
interact; and how consumers obtain services, information, and goods for the day
to day economic and social activities. (IoT)
IMTGT is no stranger to the transformation of digital economy. A famous
interpretation from Professor Walter Brenner of the University of St. Gallen in
Switzerland states: “The aggressive use of data is transforming business models,
facilitating new products and services, creating new processes, generating greater
utility, and ushering in a new culture of management.”

From the research and development economic results, it has been established
that recently, a digital economy news site, from the west has noted,

 “Uber, the world’s largest taxi company, owns no vehicles.

 Facebook, the world’s most popular media owner, creates no content.
 Alibaba, the most valuable retailer, has no inventory.
 Airbnb, the world’s largest accommodation provider, owns no real estate…
 Something interesting is happening.”
In IMTGT moving forward business perspective, vibrant roadmap & milestone and
adapting changes through technology for the region.

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 IMTGT Digital Economy / Moving Forward 2020

I. What is it about the above companies that allow them to re-imagine the
traditional boundaries and value proposition of their industry?
II. What can these young companies teach IMTGT business region about
leading a digital transformation in your industry?
III. How will you adapt to the emerging fluidity found in traditional roles?
IV. How IMTGT digital economy spurs the results stimulation to the business
people in the region?

There are four fundamental areas of digital transformation central to business

success in the digital economy to be boasted in the IMTGT region.

1. Future of working culture and thinking beyond.

People regularly work from different offices, their home, or a local coffee
shop. While where, how and what we work has changed, we all expect the
same level of connectivity experienced in the physical office. The
emergence of this flexible, global enterprise requires organizations to
manage a dynamic ecosystem of talent and enable next-generation digital
business processes that prove to be effective, even when distributed across
various places and time zones. A new easy platform is to be implemented,
promoted, practices and role models for every industry.

2. Customer experience around the global world.

In the digital economy, all customers – business-to-business as well as
business-to-consumer alike – want to interact with businesses when and
where they want and in a technology fashion and model that is most
convenient for them. Additionally, customers desire engagement with brands
through experiences that are seamless, channel, direct, contextual, and
personalized friendly user.

3. Digital supply networks & technology

While the global IMTGT middle class is expected to expand threefold by
2030, there is increasing pressure on essential business resources, which
are growing at a slower rate of 1.5 times. The answer to this mismatch lies
in how enterprises securely share data in real time to enable next-
generation commerce applications to thrive. IMYGT database has to be
relevant, current, active and diversity in applications for the 6sectors in the
region.

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 IMTGT Digital Economy / Moving Forward 2020

The digitization of new economy vibration into everything is creating new

intelligent digital networks of networks that fundamentally change the way
commercially with commerce is managed, optimized, shared, and deployed
down to the business community in the IMTGT region with globally easily
reachable.

4. The Internet of Things (IoT)

As inventory on sensor prices continue to drop, we are on the cusp of an era
where everything can be connected with a second – people, businesses,
devices, and processes – to each other anywhere, anytime and anyhow.
The melding of the conventional physical and modern digital world brings
every asset into a digital domain where software dominates the economic
stimulations and results.

When any an organization can understand its conventional physical and

modern digital asset inventory at any given moment, it can operate with
vibrant precision previously unimaginable, paving the way for the ultimate
lean enterprise economic changes. This will not be a nice-to-have
differentiator, but an imperative for any digital business within the next
coming any two years of transformation.

Conclusion of Digital Economy

For IMTGT Moving forward, one business mantra platform, one window various
channels, economic stimulation, growth for business and social impact, fast,
efficient, reliable and mindset for change and adapt to new wave of connecting
business results and returns.

 Setting-Up digital economy platform

 Regulatory and implementation processes
 Monitoring, enforcement and measurements
 Economic stimulation private sectors driven
 Economic growth and successful testimonial

IMTGT needs to identify, the main core enhancement possibilities for the
economic stimulation giving monetary gain and value added to the business
people in the region.

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