Dulunya Susah Cari Kerja, Sekarang Duitnya 32T | Toto sugiri

Summary

Toto Sugiri, often called the 'Bill Gates of Indonesia,' revolutionized the country's digital landscape. From humble beginnings, he became a pioneer in internet services, founding the first Indonesian ISP, Indonet, in 1994. His success continued with Sigma Cipta Caraka, which played a major role in Indonesia’s banking tech. He later founded DCI Indonesia, a leading data center company. Despite challenges, his perseverance, innovative mindset, and principles of simplicity and debt avoidance led to immense success, making him one of Indonesia's wealthiest individuals and a key figure in the nation's tech boom.

Takeaways

• 😀 The internet was first introduced in Indonesia in 1983, but it was only available to educational institutions and the government.
• 😀 Toto Sugiri is known as a pioneer in the technology sector in Indonesia, responsible for making the internet accessible to everyone starting in 1994.
• 😀 He founded the first Internet Service Provider (ISP) in Indonesia, PT Indo Internet (Indonet), which made email, browsing, and online activities like Google and YouTube available to millions in Indonesia.
• 😀 Despite early struggles in finding a job, Toto Sugiri became one of Indonesia's wealthiest individuals, ranked 26th with an estimated net worth of $2.1 billion (IDR 2.6 trillion).
• 😀 Sugiri is also credited with creating essential banking technology, which is still used by many banks across Indonesia today.
• 😀 In 2008, his company, Sigma Cipta Caraka, was acquired by Telkom Indonesia, which later contributed significantly to the growth of Telkom's data management services.
• 😀 In 2011, Toto Sugiri sold 20% of Sigma's shares to Telkom for $10 million, marking a major financial milestone.
• 😀 He founded PT DCI Indonesia in 2011, a leading data center company in Indonesia, with certifications for top-tier security and artificial intelligence systems.
• 😀 PT DCI became a major player in the data center industry, serving key clients like Alibaba, Amazon Web Services, Google Cloud, and Microsoft.
• 😀 In 2021, PT DCI Indonesia went public, with the support of influential investors like Anthony Salim, resulting in a massive surge in stock value—more than 13,000% within six months.
• 😀 Despite his wealth, Toto Sugiri maintains a simple lifestyle and strongly believes in living debt-free and avoiding borrowing money, as part of his financial philosophy.

Q & A

Who is Toto Sugiri, and what is his significance in Indonesia's tech industry?

Toto Sugiri is a prominent technology pioneer in Indonesia, known for being the founder of the country's first internet service provider, PT Indo Internet (Indonet), and for his contributions to the development of banking technology. He is often referred to as 'Indonesia's Bill Gates' due to his significant impact on the tech sector.

When was the internet first introduced in Indonesia, and who made it accessible to the general public?

The internet was first introduced in Indonesia in 1983, but it was initially limited to educational institutions and government agencies. In 1994, Toto Sugiri played a key role in making the internet accessible to the general public by founding Indonet, Indonesia's first internet service provider.

What key achievements and contributions did Toto Sugiri make to Indonesia's internet and technology landscape?

Toto Sugiri founded PT Indo Internet, Indonesia's first internet service provider, and contributed to the development of banking technology. He also founded Sigma Cipta Caraka, which became a leader in banking software. Additionally, he founded PT DCI Indonesia, a leading data center company in Indonesia, which was later listed as a public company.

How did Toto Sugiri's early life and education shape his career in technology?

Toto Sugiri grew up in a simple, creative environment where he learned to make his own toys, which fostered his creativity. He pursued electrical engineering at RWTH Aachen University in Germany, where his interest in programming grew. Despite initial challenges and his father's wishes for him to pursue medicine, his passion for mathematics led him to choose electrical engineering.

What challenges did Toto Sugiri face early in his career, and how did he overcome them?

After returning to Indonesia, Toto faced difficulty finding a job as there were few opportunities for programmers. He spent two years struggling to find work before being offered a software project in Papua, which eventually led to his job at Bank Bali, where he gained experience in banking technology. He later founded his own company, Sigma Cipta Caraka, which grew rapidly.

What was the significance of Sigma Cipta Caraka, and how did it grow in the banking sector?

Sigma Cipta Caraka was a technology company that provided software solutions for the banking industry. The company grew rapidly after the Indonesian government deregulated the banking sector, allowing the number of banks to increase. Toto Sugiri seized the opportunity and targeted new banks that needed banking technology, leading to significant profits for the company.

How did Toto Sugiri manage to sell Sigma Cipta Caraka, and what was the result?

In 2008, PT Telkom Indonesia bought 80% of Sigma Cipta Caraka for $35 million, and the company was later renamed Telkomsigma. This move allowed the company to become a leader in data management and opened doors for new ventures in the technology sector.

What is PT DCI Indonesia, and why is it considered an important company in Indonesia's tech industry?

PT DCI Indonesia is the largest data center company in Indonesia, founded by Toto Sugiri in 2011. The company provides high-level data storage solutions and has achieved international certifications for its facilities. DCI Indonesia serves major clients such as Alibaba, Amazon Web Services, Google Cloud, and Microsoft.

What led to the extraordinary rise in the value of DCI Indonesia's stock in 2021?

In 2021, DCI Indonesia became a publicly traded company, and the value of its stock soared by over 13,000% within a few months. This surge was partly due to the involvement of influential business figures such as Anthony Salim, a prominent businessman in Indonesia, who helped drive up the stock price.

What are the key principles that Toto Sugiri follows in his approach to business and success?

Toto Sugiri emphasizes the importance of avoiding debt and not asking for help, particularly from his parents. He advocates for maintaining simplicity in lifestyle and values hard work and innovation. He also encourages selling assets to avoid relying on loans, which reflects his disciplined approach to managing finances and success.