Idea Capsule 1:
Endeavor: Entrepreneurial Mafias – How Silicon Valley became Silicon Valley
Silicon Valley is now the most famous technology hub in the world. But it was a very different place in the mid-1950s when the computer-chip industry was emerging. How did it beat out cities like Boston and New York which were far ahead in the chip industry? Silicon Valley’s rapid development offers good news to other cities and regions.
“Successful entrepreneurs believe in investing in the next generation of entrepreneurs. It only takes a handful of entrepreneurs to create a thriving entrepreneurial ecosystem” she said.
Cindy Ko, VP of International Expansion, Endeavor
Idea Capsule 2: Cultural Arts and Technology Empowerment Community
We are entering a third industrial revolution: The age of Makers. Characterized by bottom-up innovation, the maker movement harnesses the Internet, crowdsourcing, and new manufacturing technologies to make things for the many, by the many. The model is highly entrepreneurial and especially well-suited for niche and customized products because start-up is cheap and there are no economies of scale to be gained.
Dr Ilham highlighted “The new smart is somebody who understands technology and using creativity and understand relevant culture and basically build something meaningful for the community”.
Dr. Ilham Akbar Habibie, Co-Founder, CATEC, Chairman, Bandung Smart City Council Working Team
Idea Capsule 3: Gridmarkets – Changing The World One Flop At A Time
Gridmarkets is creating a patent-pending market for institutions to sell their excess CPU capacity to other institutions that need large amounts of computational power for high-throughput computing problems like graphics rendering, engineering simulations, genome sequencing, financial modelling, etc. The sellers of the capacity, such as Cloud and hosting providers, are therefore able to monetise otherwise unused and rapidly depreciating assets and the buyers are able to obtain it through our secondary market at a fraction of traditional primary market prices. No such market currently exists.
Hakim emphasized “Grid markets aims in creating a private community of buyers and sellers where they can choose counterparties through its secondary market for excess processing power.”
Hakim Karim, Director & Co-Founder, Gridmarkets
Idea Capsule 4: Out There Media – Location Based Mobile Marketing
Out There Media is a mobile advertising one stop-shop. We bring people to brands by leveraging unique real-time user data through our proprietary Mobucks technology, enabling mobile operators to monetise their data and providing advertisers with the capability to target and engage with their audiences in a continuous flow of interactivity leading to deep consumer insight and sustainable customer relationships.
“The most important person in the supply chain is the consumer. Consumer wants to receive relevant information and always connect with mobile tool” she said.
Kerstin Trikalitis, CEO & Co-Founder, Out There Media
Idea Capsule 5: GrabTaxi – Taxi At A Tap Of Button
For many passengers in Southeast Asia, getting a taxi that is reliable and safe can be a challenge sometimes. Being overcharged is a common occurrence, while in some cities incidences could even escalate to crimes. In steps GrabTaxi, essentially a taxi-booking app along the lines of popular car for hire service Uber, but with a key difference. Uber is building out its own fleet and emphasizing on premium rides, while GrabTaxi works with the existing taxi ecosystem in the countries it is operating in, namely Malaysia the Philippines, Thailand, Vietnam and Singapore.
Cheryl stressed “The grabtaxi is localised the fundamental local problems in order to sustain in the business”.
Cheryl Goh, Regional Marketing Head, Grabtaxi
Idea Capsule 6: Kartuku – Innovative Cashless Payment
Kartuku share the idea of the kind of agent banking services in Indonesia. Wireless service for electronic payment, How Biometric Payment Technology empowers Indonesia’s traditional market retailers and Agent Networks to become the country’s national distribution channels for delivering financial services and government subsidies across the vast archipelago to include the underserved society at the bottom of the pyramid. In doing so, enables a sustainable model for empowerment.
Niki expressed “To empower the ASEAN’s SMEs, we should embrace e-commerce to improve competitiveness through the modern technology and modern transactions”
Niki Luhur, President Director, Kartuku
Idea Capsule 7:Capturing The ASEAN Spirit: Youth Leading The Way
The ASEAN Youth Volunteer Programme creates leaders by mobilizing ASEAN youth to develop innovative solutions to the social, cultural, economic and environmental challenges of communities across ASEAN, while forging a sense of regional identity and cross-cultural understanding. This is through strong partnership of Universiti Kebangsaan Malaysia with the ASEAN Secretariat, the Ministry of Youth and Sports and USAID.
Saran highlighted “We need to develop initiative and innovative activities that will help the ASEAN youth to create the feelings of ASEAN”.
Prof. Dato’ Dr Saran Kaur Gill, Executive Director, ASEAN Youth Volunteer Leaders Secretariat, Universiti Kebangsaan Malaysia
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