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Bandung Institute of Technology

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uuid000no5f

Namestring
Bandung Institute of Technology
Legal namestring
Institut Teknologi Bandung
Websiteurl
itb.ac.id
Company typeenum
Private
Founded yearint
1920
Descriptiontext

Institut Teknologi Bandung (ITB) is Indonesia's oldest and most established technical university, founded in 1920 as the Technische Hoogeschool te Bandoeng during the Dutch colonial era and renamed in 1959. The institution operates four campuses across Indonesia, including the main Ganesha campus in Bandung, Jatinangor, Cirebon, and Jakarta, and serves as the benchmark technical university in the country. ITB delivers undergraduate (Sarjana), graduate (Pascasarjana), professional, and international class programs across engineering, natural sciences, arts, and design disciplines, with students admitted through annual admission cycles and international partner university channels.

The institution's core technology spans research centers, laboratories, and specialized facilities including observatories, hydrographic research facilities, and material science labs, complemented by digital learning platforms (Edunex) and a digital library. ITB operates a portfolio of wholly-owned institutional units including SBM ITB (School of Business and Management), the Greater Hub startup incubator (Grade A rated nationally), DKST (Directorate for Science and Technology Area), DRI (Directorate for Research and Innovation), and 13 commercial subsidiaries managed by BPUDL (Badan Pengelola Usaha dan Dana Lestari), the entity responsible for university business and endowment fund management.

ITB's revenue model is diversified across four primary streams: tuition fees structured on income-based tiers (UKT - Uang Kuliah Tunggal), Indonesian government budget allocations (APBN), endowment fund and donation income (including IDR 6 billion from PT Adaro Energy Indonesia and IDR 1 billion from the ITB86 alumni community), and commercial business operations managed through BPUDL's 13 subsidiaries. As of 2024, 56% of ITB's funding came from non-tuition and non-government sources, reflecting institutional autonomy granted under BHMN (Badan Hukum Milik Negara) status achieved in 2002. The institution serves domestic and international students, the Indonesian government through research and policy advisory partnerships, and corporate partners through industry collaborations and startup incubation programs.

Short descriptiontext

Institut Teknologi Bandung is Indonesia's oldest technical university, founded in 1920, operating four campuses to deliver undergraduate, graduate, and professional programs across engineering, sciences, and arts to domestic and international students while generating revenue from tuition, government budget, and endowment investments.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersBandung, Indonesia
HQ citystring
Bandung
HQ countrystring
Indonesia
HQ regionstring
Asia
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
higher education services, engineering education programs, research and innovation, undergraduate and graduate studies, technology university
Industry3 codes
1Engineering & Technology Institutes (Comprehensive)
CodeEDAHAEAAPrimaryYes
2Management Research Institutes & Doctoral (PhD/DBA) Programs
CodeEDAHAHAOPrimaryNo
3Technical Universities with Architecture, Built Environment & Design Engineering
CodeEDAHAEAJPrimaryNo
NAICS code1 code
  • Colleges, Universities, and Professional Schools6113
SIC code1 code
  • Services-Educational Services8200
Product category
Higher Education
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Tuition and Education Fees
TypeSubscription Recurring
Description

Primary revenue from student tuition fees (UKT - Uang Kuliah Tunggal) and other educational service fees.

bpudl.itb.ac.id
2Government Budget (APBN)
TypeSubscription Recurring
Description

Government funding allocated for public higher education institutions in Indonesia.

bpudl.itb.ac.id
3Endowment Fund and Donations
TypeLicensing Royalties
Description

BPUDL manages endowment funds and donations from alumni and corporate partners. Donations include IDR 6 billion from PT Adaro Energy Indonesia, Rp1 billion from ITB86 alumni community, and mutual fund investments.

bpudl.itb.ac.id
4Business Operations
TypeTransaction Fee
Description

BPUDL manages 13 companies under its business unit portfolio, generating revenue through commercial activities that support academic operations.

bpudl.itb.ac.id
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Pricing details1 tier
1Income-based tuition structure (UKT)
ModelSubscriptionBilling cadenceAnnual
Notes

Tuition fees are structured based on student's family economic capacity with multiple tiers, making education accessible to students from various economic backgrounds.

bpudl.itb.ac.id
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Institut Teknologi Bandung (ITB) is a state technical university delivering higher education across undergraduate, graduate, professional, international, and student exchange levels in engineering, natural sciences, arts, and design. The institution operates four campuses, research centers and laboratories, a business incubator (The Greater Hub), and digital learning platforms, while generating revenue through tuition fees, government budget allocations, and endowment fund management via BPUDL.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Ranked in Top 100 QS World University Rankings by Subject 2026
+1 more record
Product overview1 text field

Institut Teknologi Bandung (ITB) is a leading Indonesian university offering a comprehensive portfolio of academic programs, research services, and institutional units. The institution operates multiple faculties and schools (including SBM ITB for business education), research centers (DKST, CRCS), support units (BPUDL for business and endowment management, The Greater Hub for startup incubation), and digital services (Edunex for blended learning, digital library). ITB provides education across undergraduate, graduate, and professional levels, with facilities including campuses in Ganesha, Jatinangor, Cirebon, and Jakarta.

Product and service8 records
1Undergraduate Programs (Sarjana)
CategoryAcademic Education
2Graduate Programs (Pascasarjana)
CategoryAcademic Education
3Professional Programs (Profesi)
CategoryProfessional Certification
4International Programs (Kelas Internasional)
CategoryAcademic Education
5Student Exchange Programs (Pertukaran Mahasiswa)
CategoryAcademic Education
6Research and Innovation Services
CategoryResearch and Innovation Services
7Business Incubation Services (The Greater Hub)
CategoryBusiness Support Services
8Edunex Digital Learning Platform
CategoryDigital Education Services
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-07-04
Description

ITB and Université Paris-Saclay established a comprehensive collaboration including double degree programs based on industrial experience and international research collaboration across multiple academic disciplines.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-26
Description

Collaboration on agrivoltaics research for energy challenges in rural and remote islands of Eastern Indonesia, strengthening renewable energy research ecosystem.

Strategic tierCoreTypeOthers
Description

The Greater Hub (TGH) operates as the business incubator unit under School of Business and Management ITB, achieving Grade A ranking in national business incubator assessment.

4DKST (Direktorat Kawasan Sains dan Teknologi)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

DKST collaborates with The Greater Hub SBM ITB in startup development programs, hosting events like Bandung Startup Pitching Day 2026.

itb.ac.id:443
5Government of Kepulauan Mentawai
Strategic tierMinorTypeOthers
Description

Collaboration to drive sustainable regional development through ITB's expertise in science and technology applications.

itb.ac.id:443
Strategic tierMinorTypeOthers
Description

Co-organizer of Bandung Startup Pitching Day 2026, supporting startup ecosystem development in collaboration with investors and industry partners.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

Indonesia's second-leading technical university, also a state-run BHMN institution focused on engineering, science, and technology. Directly comparable to ITB in mission, structure, and Indonesian higher education positioning.

2Universitas Gadjah Mada (UGM)
TypeDirect peer
Description

One of Indonesia's top public comprehensive universities with strong science and technology faculties. Comparable to ITB in scale, public university status, and role in producing Indonesia's technical and professional leadership.

3Universitas Indonesia (UI)
TypeDirect peer
Description

Indonesia's flagship public university with comprehensive faculties including engineering and science. Direct peer in competing for top-tier students, QS rankings, and government research funding.

TypeRegional player
Description

Malaysia's premier technical university with similar engineering and technology focus. Comparable regional peer for benchmarking across Southeast Asian technical higher education.

TypeBroad incumbent
Description

Singapore's leading research-intensive technological university, consistently ranked among Asia's top engineering institutions. Represents the upper-bound benchmark ITB aspires to in QS subject rankings.

TypeBroad incumbent
Description

Network of India's premier technical institutions producing global engineering talent. Comparable to ITB as a national flagship technical university system with strong alumni industry placement.

TypeBroad incumbent
Description

China's top-ranked technical university, a global benchmark for engineering education and research output. Relevant comparison for ITB's Top 100 QS trajectory and applied research positioning.

8Universitas Brawijaya
TypeDirect peer
Description

Major Indonesian public university with broad academic programs including engineering. Comparable in scale, public university structure, and competition for top Indonesian students.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles8 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries7 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Bandung Institute of Technology

Higher Educationitb.ac.id

Institut Teknologi Bandung is Indonesia's oldest technical university, founded in 1920, operating four campuses to deliver undergraduate, graduate, and professional programs across engineering, sciences, and arts to domestic and international students while generating revenue from tuition, government budget, and endowment investments.

What Bandung Institute of Technology does

Institut Teknologi Bandung (ITB) is Indonesia's oldest and most established technical university, founded in 1920 as the Technische Hoogeschool te Bandoeng during the Dutch colonial era and renamed in 1959. The institution operates four campuses across Indonesia, including the main Ganesha campus in Bandung, Jatinangor, Cirebon, and Jakarta, and serves as the benchmark technical university in the country. ITB delivers undergraduate (Sarjana), graduate (Pascasarjana), professional, and international class programs across engineering, natural sciences, arts, and design disciplines, with students admitted through annual admission cycles and international partner university channels.

The institution's core technology spans research centers, laboratories, and specialized facilities including observatories, hydrographic research facilities, and material science labs, complemented by digital learning platforms (Edunex) and a digital library. ITB operates a portfolio of wholly-owned institutional units including SBM ITB (School of Business and Management), the Greater Hub startup incubator (Grade A rated nationally), DKST (Directorate for Science and Technology Area), DRI (Directorate for Research and Innovation), and 13 commercial subsidiaries managed by BPUDL (Badan Pengelola Usaha dan Dana Lestari), the entity responsible for university business and endowment fund management.

ITB's revenue model is diversified across four primary streams: tuition fees structured on income-based tiers (UKT - Uang Kuliah Tunggal), Indonesian government budget allocations (APBN), endowment fund and donation income (including IDR 6 billion from PT Adaro Energy Indonesia and IDR 1 billion from the ITB86 alumni community), and commercial business operations managed through BPUDL's 13 subsidiaries. As of 2024, 56% of ITB's funding came from non-tuition and non-government sources, reflecting institutional autonomy granted under BHMN (Badan Hukum Milik Negara) status achieved in 2002. The institution serves domestic and international students, the Indonesian government through research and policy advisory partnerships, and corporate partners through industry collaborations and startup incubation programs.

Bandung Institute of Technology firmographics

Firmographics
Name
Bandung Institute of Technology
Legal name
Institut Teknologi Bandung
Website
https://itb.ac.id
Company type
Private
Founded year
1920
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Institut Teknologi Bandung is Indonesia's oldest technical university, founded in 1920, operating four campuses to deliver undergraduate, graduate, and professional programs across engineering, sciences, and arts to domestic and international students while generating revenue from tuition, government budget, and endowment investments.
Ownership category
akta.pro rank

Bandung Institute of Technology industry classification

Industry
Product category
Higher Education
NAICS
Colleges, Universities, and Professional Schools (6113)
SIC
Services-Educational Services (8200)
akta.pro primary industry
Engineering & Technology Institutes (Comprehensive) (EDAHAEAA)
akta.pro secondary industries
Management Research Institutes & Doctoral (PhD/DBA) Programs (EDAHAHAO), Technical Universities with Architecture, Built Environment & Design Engineering (EDAHAEAJ)

Keywords

  • Higher education services
  • Engineering education programs
  • Research and innovation
  • Undergraduate and graduate studies
  • Technology university

Where Bandung Institute of Technology is headquartered

Location

Headquarters

HQ city
Bandung
HQ country
Indonesia
HQ region
Asia

Offices4 records

Markets served

Bandung Institute of Technology business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Tuition and Education Fees: Primary revenue from student tuition fees (UKT - Uang Kuliah Tunggal) and other educational service fees.
  2. Government Budget (APBN): Government funding allocated for public higher education institutions in Indonesia.
  3. Endowment Fund and Donations: BPUDL manages endowment funds and donations from alumni and corporate partners. Donations include IDR 6 billion from PT Adaro Energy Indonesia, Rp1 billion from ITB86 alumni community, and mutual fund investments.
  4. Business Operations: BPUDL manages 13 companies under its business unit portfolio, generating revenue through commercial activities that support academic operations.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualIncome-based tuition structure (UKT)

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Bandung Institute of Technology product offering

Product offering

Core offering

Institut Teknologi Bandung (ITB) is a state technical university delivering higher education across undergraduate, graduate, professional, international, and student exchange levels in engineering, natural sciences, arts, and design. The institution operates four campuses, research centers and laboratories, a business incubator (The Greater Hub), and digital learning platforms, while generating revenue through tuition fees, government budget allocations, and endowment fund management via BPUDL.

Product overview

Institut Teknologi Bandung (ITB) is a leading Indonesian university offering a comprehensive portfolio of academic programs, research services, and institutional units. The institution operates multiple faculties and schools (including SBM ITB for business education), research centers (DKST, CRCS), support units (BPUDL for business and endowment management, The Greater Hub for startup incubation), and digital services (Edunex for blended learning, digital library). ITB provides education across undergraduate, graduate, and professional levels, with facilities including campuses in Ganesha, Jatinangor, Cirebon, and Jakarta.

Differentiator

Problem solved

Functional benefit

Products and services

  • Undergraduate Programs (Sarjana)
  • Graduate Programs (Pascasarjana)
  • Professional Programs (Profesi)
  • International Programs (Kelas Internasional)
  • Student Exchange Programs (Pertukaran Mahasiswa)
  • Research and Innovation Services
  • Business Incubation Services (The Greater Hub)
  • Edunex Digital Learning Platform

Quantifiable outcome

  • Ranked in Top 100 QS World University Rankings by Subject 2026
  • +1 more outcomes

Companies that use Bandung Institute of Technology

Customer profile

Named customers3 records

Segments1 record

Ideal customer profiles3 records

Bandung Institute of Technology technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Bandung Institute of Technology partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and minor.

  • Université Paris-SaclaycoreStrategic or Co-development Partner · 4 July 2026ITB and Université Paris-Saclay established a comprehensive collaboration including double degree programs based on industrial experience and international research collaboration across multiple academic disciplines.
  • Murdoch University AustraliacoreStrategic or Co-development Partner · 26 June 2026Collaboration on agrivoltaics research for energy challenges in rural and remote islands of Eastern Indonesia, strengthening renewable energy research ecosystem.
  • SBM ITB Business IncubatorcoreOthersThe Greater Hub (TGH) operates as the business incubator unit under School of Business and Management ITB, achieving Grade A ranking in national business incubator assessment.
  • DKST (Direktorat Kawasan Sains dan Teknologi)coreStrategic or Co-development PartnerDKST collaborates with The Greater Hub SBM ITB in startup development programs, hosting events like Bandung Startup Pitching Day 2026.
  • Government of Kepulauan MentawaiminorOthersCollaboration to drive sustainable regional development through ITB's expertise in science and technology applications.
  • Startup BandungminorOthersCo-organizer of Bandung Startup Pitching Day 2026, supporting startup ecosystem development in collaboration with investors and industry partners.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Bandung Institute of Technology competitors and assessment

Company assessment

Direct peers

  • Institut Teknologi Sepuluh Nopember (ITS): Indonesia's second-leading technical university, also a state-run BHMN institution focused on engineering, science, and technology. Directly comparable to ITB in mission, structure, and Indonesian higher education positioning.
  • Universitas Gadjah Mada (UGM): One of Indonesia's top public comprehensive universities with strong science and technology faculties. Comparable to ITB in scale, public university status, and role in producing Indonesia's technical and professional leadership.
  • Universitas Indonesia (UI): Indonesia's flagship public university with comprehensive faculties including engineering and science. Direct peer in competing for top-tier students, QS rankings, and government research funding.
  • Universitas Brawijaya: Major Indonesian public university with broad academic programs including engineering. Comparable in scale, public university structure, and competition for top Indonesian students.

Regional players

  • Universiti Teknologi Malaysia (UTM): Malaysia's premier technical university with similar engineering and technology focus. Comparable regional peer for benchmarking across Southeast Asian technical higher education.

Broad incumbents

  • Nanyang Technological University (NTU): Singapore's leading research-intensive technological university, consistently ranked among Asia's top engineering institutions. Represents the upper-bound benchmark ITB aspires to in QS subject rankings.
  • Indian Institutes of Technology (IIT): Network of India's premier technical institutions producing global engineering talent. Comparable to ITB as a national flagship technical university system with strong alumni industry placement.
  • Tsinghua University: China's top-ranked technical university, a global benchmark for engineering education and research output. Relevant comparison for ITB's Top 100 QS trajectory and applied research positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Bandung Institute of Technology social profiles

Digital presence

Bandung Institute of Technology financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Bandung Institute of Technology leadership team

Management profile

Number of profiles

Profiles8 records

Bandung Institute of Technology subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

Bandung Institute of Technology funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Bandung Institute of Technology M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bandung Institute of Technology

What does Bandung Institute of Technology do?

Institut Teknologi Bandung (ITB) is a state technical university delivering higher education across undergraduate, graduate, professional, international, and student exchange levels in engineering, natural sciences, arts, and design. The institution operates four campuses, research centers and laboratories, a business incubator (The Greater Hub), and digital learning platforms, while generating revenue through tuition fees, government budget allocations, and endowment fund management via BPUDL.

Is Bandung Institute of Technology a public or private company?

Bandung Institute of Technology is a private company. It is classified as state government owned and is currently operating.

When was Bandung Institute of Technology founded?

Bandung Institute of Technology was founded in 1920. It employs 501 to 1,000 people.

Where is Bandung Institute of Technology based?

Bandung Institute of Technology is headquartered in Bandung, Indonesia, in the Asia region.

How does Bandung Institute of Technology make money?

Four revenue lines are on record. Tuition and Education Fees are the primary driver. The others are government Budget (APBN), endowment Fund and Donations and business Operations.

Who are Bandung Institute of Technology's main competitors?

Direct peers on record are Institut Teknologi Sepuluh Nopember (ITS), Universitas Gadjah Mada (UGM), Universitas Indonesia (UI) and Universitas Brawijaya. Universiti Teknologi Malaysia (UTM) is listed as a regional player. Broad incumbents are Nanyang Technological University (NTU), Indian Institutes of Technology (IIT) and Tsinghua University.

Does Bandung Institute of Technology have an API?

No public API is recorded for Bandung Institute of Technology.

What industry is Bandung Institute of Technology in?

Bandung Institute of Technology's product category is Higher Education. Its primary akta.pro industry code is EDAHAEAA, Engineering & Technology Institutes (Comprehensive), with a secondary code of EDAHAHAO, Management Research Institutes & Doctoral (PhD/DBA) Programs. Its NAICS code is 6113 and its SIC code is 8200.

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Live signals
The Jakarta PostITB study: Greater Jakarta air pollution cannot be solved by single region, sectorStudies by the Bandung Institute of Technology reveal that air pollution in Greater Jakarta is a cross-regional issue, with surrounding areas contributing over 38% of PM2.5 concentrations in the capital. The research highlights distinct dominant pollution sources across the metropolitan region, including transportation in Jakarta and industry in Bogor and Tangerang. These findings underscore the urgent need for an integrated, cross-regional policy framework to address public health risks and meet environmental standards.The Jakarta PostBorderless pollution chokes Greater Jakarta as policy gaps persistA study led by the Bandung Institute of Technology reveals that pollutants from neighboring regions contribute to 38 percent of PM2.5 levels in Jakarta, highlighting the borderless nature of air pollution in Greater Jakarta. With PM2.5 concentrations reaching 66 µg/m3—13 times the WHO safety limit—authorities face increasing pressure to implement an integrated regional framework to address these interconnected environmental challenges.Institut Teknologi BandungTurning EV Battery Waste into Portable Power, ITB Students Win First Place at GREENOVATE 2026Three students from the Bandung Institute of Technology (ITB) won first place at the GREENOVATE 2026 national business plan competition with their project, SparkGo. The initiative repurposes second-life electric vehicle batteries into portable power stations to replace diesel generators, targeting a market potentially valued at US$1.138 billion by 2030. The team plans to advance the concept through pilot projects and industry partnerships to support Indonesia's energy transition.Mirage NewsRMIT Expands in Southeast Asia with Digital PushRMIT University, an Australian institution, is expanding its presence in Southeast Asia through a new Digital Leadership Academy launched in partnership with Indonesia's public broadcaster TVRI at the Indonesian Ministry of Communication and Digital Affairs (Komdigi). The initiative focuses on public broadcasting in the AI era, covering areas such as cybersecurity, infrastructure, and digital leadership. RMIT also held meetings with Indonesian government officials and visited the Bandung Institute of Technology (ITB) to discuss student mobility and joint research programs.ANTARA NewsIndonesia taps Brazil for semiconductor, aerospace expertiseIndonesia and Brazil are exploring cooperation in semiconductors, aerospace, and biofuels, with talks centered on university partnerships. Brazil's Unicamp will accept up to 10 Indonesian graduate students for semiconductor and integrated circuit training, with a potential double-degree program and Embraer involvement.MucMUC Featured as Research Resource for SBM ITB on Strengthening Performance ManagementMUC Consulting served as a case study and research resource for the School of Business and Management at the Bandung Institute of Technology (SBM ITB) regarding performance management systems in professional service firms. The academic review included an interview with MUC Director Erry Tri Merryta, who also acted as an examiner for the students' final report. The findings highlighted that MUC's system aligns with organizational needs while identifying areas for enhancement in appraisal clarity and evaluator consistency.LG ElectronicsAI-Powered LG Multi V i Proves Efficiency in Campus BuildingLG HVAC Solutions and the Bandung Institute of Technology (ITB) conducted a collaborative field project in Indonesia to test the energy efficiency of LG's AI-powered Multi V i VRF system. A 90-day trial demonstrated that the AI-driven mode reduced power consumption by 49.2% and compressor workload by 37.7% while maintaining consistent indoor comfort levels. The results highlight the potential for intelligent climate control systems to optimize energy use in buildings with variable occupancy patterns.Y CombinatorLatent Space: Applied AI for The Emerging EconomiesPayable, a startup founded by alumni of the Bandung Institute of Technology, has launched an online payment infrastructure designed to simplify transactions for small and medium sellers in Indonesia who primarily operate via social media apps like WhatsApp. The company aims to solve the pain points of manual bank transfer reconciliation by offering a solution that is six times cheaper and easier to use than existing alternatives.