Equine is the parent company of three other entities IBM will also acquire: Oracle consultancy Optima Data Internasional, system integrator Niagaprima Paramitra, and IT services generalist Xsis Mitra Utama.
Which is no bad thing as Indonesia is the world’s fourth-most populous nation, behind the USA, China, and India. It’s alsothe world’s 16th-largest nation by GDP by the World Bank, and last year grew at a brisk five percent on its way to becoming a top ten economy.IBM wrote the acquisition “will extend IBM Consulting’s resources and capabilities to help clients in Indonesia modernize their core businesses while advancing the company’s hybrid cloud and AI strategy in the region.
“Upon completion of the transaction, Equine Global will become IBM’s first acquisition headquartered in Indonesia, demonstrating IBM’s commitment to grow its footprint in the region,” Big Blue’s statement adds.Indonesia, TikTok's best market, bans social commerce Indonesia is a nation, not a region. But Big Blue is sensible to consider a bigger presence in nearby nations, as the likes of the Philippines, Thailand, and Vietnam are all growing and digitising fast. India is an even larger and more tech-savvy target. Singapore may be small by comparison, in terms of area and population, but is a regional tech hub that’s benefiting from nervousness about China’s increasing influence over Hong Kong.