Indonesian Political, Business & Finance News

Lintasarta Reveals Investment Strategy Amid Weak Rupiah

| Source: CNBC Translated from Indonesian | Technology
Lintasarta Reveals Investment Strategy Amid Weak Rupiah
Image: CNBC

The strengthening US dollar against the rupiah has not deterred PT Lintasarta from continuing to invest in the digital infrastructure sector. However, the company affirmed that investments will be made selectively, taking into account customer needs and potential returns. Lintasarta President Director & CEO Armand Hermawan stated that the company will not disburse large investments without careful calculation. According to him, Lintasarta will invest in infrastructure and services that are genuinely needed by customers and have clear business prospects. “When it comes to investment, it is certainly related to infrastructure. We won’t invest heavily while the return is still unimaginable. So if an investment has returns, an investment that is truly needed by customers, we will continue to make it,” Armand said during a Media Gathering in Jakarta. Armand assessed that the weakening of the rupiah due to the rising dollar does not necessarily mean customers will stop spending on technology that has a significant impact on their business. He suggested companies might only adjust the scope of projects rather than halt technology investment entirely. “We don’t yet know if this rising exchange rate will stop them from buying applications with a huge impact. Just because the rate is high, will they stop buying cybersecurity? I don’t think so. But perhaps the scope will be reduced,” he explained. Consequently, Lintasarta has ensured it will continue investments related to customer needs, industry requirements, and regulatory demands. Nevertheless, the company will implement its investment strategy cautiously. “Our investments will be made carefully and in relation to customer needs, industry needs, and also regulatory needs,” Armand said. This commitment is reflected through the strengthening of the company’s flagship service, the Intelligent Core, which serves as the foundation for digital transformation and artificial intelligence (AI) across various industrial sectors in Indonesia. Through the Intelligent Core, Lintasarta assists organisations in transforming technological complexity into tangible business results through the integration of connectivity, cloud, cybersecurity, and AI-based collaboration within a single secure, connected, and reliable digital ecosystem. Lintasarta presents the Intelligent Core as a strategic foundation that integrates the company’s four main capabilities, or 4C: Connectivity, Cloud, Cybersecurity, and Collaboration-AI. This integration is claimed to be capable of delivering end-to-end digital solutions while enhancing customer experience. The Intelligent Core architecture is built on three main principles: Sovereign, through sovereign infrastructure and sovereign AI; Integrated, through the integration of four main capabilities into one comprehensive solution; and Seamless Experience, delivering a more efficient and connected digital experience. “Through the Intelligent Core, we help customers integrate digital infrastructure and AI into a single secure, reliable, and interconnected digital solution, so customers can focus more on innovation, growth, and business competitiveness,” Armand stated. Lintasarta is developing an Industry Outcome Stacks approach designed according to the specific needs of each industrial sector. Through the Intelligent Core, Lintasarta is strengthening its position as a strategic partner for AI transformation for the national industry.

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