How Otto Toto Sugiri Became the Bill Gates of Indonesia

How Otto Toto Sugiri Became the Bill Gates of Indonesia
How Otto Toto Sugiri Became the Bill Gates of Indonesia

VINANSIA.COM - Otto Toto Sugiri, often referred to as the "Bill Gates of Indonesia," is a successful entrepreneur and a prominent figure in the Indonesian technology industry. Here is a comprehensive profile detailing his life and career:

Background and Education

Otto Toto Sugiri was born on September 23, 1953, in Bandung, West Java, Indonesia. 

He pursued his higher education at Rheinisch-Westfälische Technische Hochschule (RWTH) Aachen in Germany, earning a Bachelor's degree in Electrical Engineering in 1980. 

He also holds a Master's degree in Computer Engineering from the same institution.

Early Career

After completing his education, Otto Toto Sugiri returned to Indonesia to care for his ailing mother. In 1983, he joined Bank Bali as General Manager of IT, where he developed software that streamlined the bank’s operations. 

His skills and contributions at Bank Bali helped make it one of the first banks in Indonesia to implement computerized transactions.

Founding of the Company

In 1989, Otto Toto Sugiri founded PT Sigma Cipta Caraka, a software company aimed at developing technology solutions for Indonesian banks. 

With an initial investment of US$ 200,000, the company achieved a profit of US$ 1.2 million within a year. The company was later acquired by PT Telekomunikasi Indonesia (Persero) Tbk. (TLKM) in 2010 and is now known as Telkomsigma.

Data Center Business

In 2011, Otto Toto Sugiri, along with six other individuals, established PT DCI Indonesia Tbk (DCII), a data center company focused on advancing Indonesia’s digital economy. DCII earned a Tier IV certification in 2014, the highest classification for global data center standards. 

As the President Director of PT DCI Indonesia Tbk, Otto Toto Sugiri has guided the company towards success by leveraging data center technology to enhance data efficiency and security.

Awards and Achievements

Otto Toto Sugiri has received numerous accolades for his contributions to the technology industry. In 2021, Forbes listed him as the 19th richest person in Indonesia with a net worth of US$ 2.5 billion (approximately IDR 35.75 trillion). He was also recognized as one of the Top 50 Data Center and Cloud Influencers in the Asia-Pacific region by Data Economy in 2020.

Influence and Involvement

Beyond his business success, Otto Toto Sugiri is known for his dedication to mentoring young entrepreneurs in Indonesia. He continues to provide guidance to many IT startup founders in the country. His involvement in the technology sector has significantly contributed to Indonesia's advancement in the digital economy.

Wealth and Position

As of 2021, Otto Toto Sugiri’s wealth is estimated at US$ 2.5 billion (around IDR 35.75 trillion). As of July 9, 2023, he is ranked 1,611th among the world’s wealthiest individuals.

Conclusion

Otto Toto Sugiri is a successful entrepreneur who has made substantial contributions to the Indonesian technology industry. 

From his role as General Manager of IT at Bank Bali to becoming the President Director of PT DCI Indonesia Tbk, he has demonstrated skill and dedication in developing technology and enhancing Indonesia’s digital economy. 

The title "Bill Gates of Indonesia" reflects not only his achievements but also his leadership in the country’s technology sector.

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