PT Bank Rakyat Indonesia (Persero) Tbk – Digital Transformation Strategies
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Bank Rakyat Indonesia (BRI) has been focusing on emerging technologies as a part of its digital transformation strategies. The annual ICT spending of Bank Rakyat Indonesia was estimated at $739.7 million in 2022. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Bank Rakyat Indonesia (BCA) is a provider of personal, commercial, and corporate banking solutions. PT Bank Rakyat Indonesia (Persero) Tbk (BRI) is a state-owned commercial bank. The bank offers retail and corporate banking products and related financial solutions to individuals, micro, small, and medium entrepreneurs (MSMEs), and corporate institutions. The bank’s product portfolio comprises current and savings accounts, fixed deposits, credit and debit cards, mutual funds, pension plans, and loans for housing, vehicle personal needs, and corporate financing, among others.
The Bank Rakyat Indonesia Digital Transformation Strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. Information included in these reports are sourced from a mix of our very own internal database and authentic secondary research links such as company’s annual report, presentations, press releases etc. The report covers overview of the company, its digital transformation strategies, technology focus areas, technology initiatives, technology introductions, investments, ICT spending among others.
Digital Transformation Strategies
In line with its digital strategy, BRI began its digital transformation journey in 2016, which aims to enhance operational efficiency and customer satisfaction. BRI continuously carries out its transformation through various initiatives, such as business process reengineering, leveraging big data and AI technologies, and developing digital platforms.
To gain more insights on digital transformation strategies and initiatives of Bank Rakyat Indonesia, download a free report sample
Bank Rakyat Indonesia Technology Theme Focus
Bank Rakyat Indonesia is utilizing number of emerging technologies including artificial intelligence, big data, blockchain, cloud computing and payments to improve operational efficiency and enhance customer experience.
Bank Rakyat Indonesia Technology Focus
To know about other technology themes under focus for the company, download a free report sample
Bank Rakyat Indonesia Technology Initiatives
Bank Rakyat Indonesia has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs over the past few years. For instance, BRI collaborated with Intellect Design Arena, a cloud-native, multi-product FinTech company for financial institutions. BRI will leverage API-based Intellect’s wealth platform WealthQube, a one stop solution that facilitates end to end digital wealth lifecycle, digital customer onboarding, investment plan journey, portfolio aggregation, performance monitoring, digital order initiation, and order routing. This helps BRI to increase productivity of their relationship managers, reduce operating costs and deliver convenient services to its customers.
For more insights on other technology initiatives of Bank Rakyat Indonesia, download a free report sample
Bank Rakyat Indonesia ICT Spend by Function
- Communications
- Data center
- Network
- Application
- End-user computing
- Service desk
- Management
Bank Rakyat Indonesia ICT Spend by Function, 2022
For more insights on ICT spending by function, download a free report sample
Bank Rakyat Indonesia ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
Bank Rakyat Indonesia ICT Spend by Channel, 2022
For more insights on ICT spending by channel, download a free report sample
Bank Rakyat Indonesia External ICT Spend by Segment
- ICT services
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- Network and communications
- Consulting
- Others
Bank Rakyat Indonesia External ICT Spend by Segment, 2022
For more insights on external ICT spending by segment, download a free report sample
Bank Rakyat Indonesia Digital Transformation Strategies Overview
Total ICT Spending 2022 | $739.7 million |
ICT Spend by Function | Communications, Data Center, Network, Application, End-User Computing, Service Desk, and Management |
ICT Spend by Channel | Internal Development and Maintenance, Technology Vendors (Direct), Local Resellers, Telcos, ICT Services Providers/Consulting Firms, Specialist Outsourcers, and Systems integrators |
External ICT Spend by Segment | ICT services, Software (including Cloud SaaS), Hardware (including Cloud Iaas), Network and communications, Consulting, and Others |
Technology Theme Focus | Artificial Intelligence, Big Data, Blockchain, Cloud Computing and Payments |
This report provides:
- Insight into Bank Rakyat Indonesia’s technology activities.
- Insights of its digital transformation strategies and technology center & innovation program.
- Overview of technology initiatives covering product launches, partnerships, and investments.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets and major ICT contracts.
Reasons to Buy
- Gain insights into Bank Rakyat Indonesia’s technology operations.
- Gain insights into its technology strategies and innovation initiatives.
- Gain insights into its technology themes under focus.
- Gain insights into its various product launches, partnerships, and investments.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of Bank Rakyat Indonesia in 2022?
The annual ICT spending of Bank Rakyat Indonesia was estimated at $739.7 million in 2022.
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What are the key ICT spending categories by function for Bank Rakyat Indonesia?
The key ICT spending categories by function for Bank Rakyat Indonesia are communications, data center, network, application, end-user computing, service desk, and management.
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What are the key ICT spending categories by channel for Bank Rakyat Indonesia?
The key ICT spending categories by channel for Bank Rakyat Indonesia are internal development and maintenance, technology vendors (direct), local resellers, telcos, ICT services providers/consulting firms, specialist outsourcers, and systems integrators.
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What are the key external ICT spending categories by segment for Bank Rakyat Indonesia?
The key external ICT spending categories by segment for Bank Rakyat Indonesia are ICT services, software (including cloud SaaS), hardware (including cloud IaaS), network and communications, consulting, and others.
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What are the key technology themes in focus for Bank Rakyat Indonesia?
The key technological theme in focus for Bank Rakyat Indonesia are artificial intelligence, big data, blockchain, cloud computing and payments.
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