PT Anterin, TLab in venture to set up R&D facility in Yogyakarta

  • Centre will be used to conduct research as well as develop systems and applications
  • Hope to produce applications for the global market

 

PT Anterin, TLab in venture to set up R&D facility in Yogyakarta

 

JAKARTA-based online logistics and transportation startup, PT Anterin Digital Nusantara (Anterin) has joined forces with web development and system integrator PT Teknologi Kode Indonesia (TLab) to set up a research and development (R&D) facility in Yogyakarta.

Both Anterin and TLab will use the R&D centre to conduct research as well as develop systems and applications.

TLab was established in 2010 as a technology community of Open Source Software users. It has grown into a company that provides mobile application development, web development, and system integrators.

“With this partnership, we are hoping to produce more high quality systems and applications that are reliable and can compete on the global stage. This partnership will also support Anterin’s expansion plan, both in the country, and in the region,” said Anterin co-founder and chief executive officer (CEO), Imron Hamzah in a statement.

“This will be an opportunity as well as a challenge for TLab to continuously improve ourselves, to keep raising the standards in our systems and applications, and to spread the word that Indonesia-made applications have an edge to compete on the global stage,” TLab CEO Novizul Efendi said in the statement.

Anterin was established in June last year in order to challenge the current online logistics and transportation players such as Go-Box by Go-Jek, and the brick and mortar players such as JNE and Tiki, by introducing an auction model into its system.

“Logistics costs are still very high and this is very troubling to small and medium enterprise players, as well as individuals. With the auction model, customers can choose the best price offered by logistics partners, the gender of the drivers, the type of car, as well as rate the drivers,” Anterin’s Imron said.

After just six months in business, Anterin is already planning to offer its services and start operations in Pakistan, with the support of a local partner, by the third quarter of the year (Q3 2017).

According to a study by the Indonesian Logistics Association (ALI) and research firm Frost & Sullivan, Indonesia’s domestic logistics industry had a market size of Rp2.15 quadrillion (US$163.4 billion) in 2015, and is expected to grow by 10%-12% in 2016.

Anterin is aiming to at least have 1%-2% market share in the industry. 

 

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