Click here to close now.


Java IoT Authors: Liz McMillan, Pat Romanski, Elizabeth White, Jayaram Krishnaswamy, SmartBear Blog

News Feed Item

PTPP Projects Third Quarter 2012 Net Profit to Jump 73%

Jakarta, Indonesia, Nov 12, 2012 - (ACN Newswire) - PT PP (Persero) Tbk (IDX: PTPP), a leading Indonesian construction and investment company, projected its Net Profit through the third quarter of 2012 at Rp.105,4 billion, growing 73% as compared to Rp.60,9 billion for the same period last year. The growth resulted from an increase in revenues of 34% and with the support of innovation and efficiency programs continually implemented by the company.

A Certified Public Accountant is auditing the complete Financial Statements in relation to the company's plan to issue Bonds in the first quarter of next year.

The greatest contribution to the revenues of the company came from the construction sector followed by the EPC sector, while in terms of project ownership, business came from Government and State-Owned Enterprises(81%) and the private sector (19%).

New contracts through September 2012 amounting to Rp.15,2 trillion included Surabaya Educity Apartment, Pluit Landmark, Kualanamu Airport, Muara Labuh - Sumatra Geothermal Power Plant (PLTP) and 100 MW Gas-Turbine Power Plant EPC project in Duri Pekanbaru, Sumatra, Jalan Papua. The largest gain derived from PT Pelindo II for the "New Tanjung Priok" or Kalibaru port project, amounting to Rp.8,2 trillion.

In the EPC (Engineering, Procurement and Construction) sector, the company executed several Power Plant and Mining projects including a 65 MW Gas-Fired Power Plant (PLTG) in Talang Duku Palembang, a 2x7 MW Steam Power Plant (PLTU) in Central Lampung, a 3X40 MW Combined Gas-Steam Power Plant (PLTGU) in KDL Cilegon, a 100 MW Gas-Turbine Power Plant (PLTMG) in Duri Riau and a 90 MW Gas-Turbine Power Plant (PLTMG) in Sei Gelam Jambi, the first micro-gas-turbine power plant project ever in Indonesia, to be completed in May 2014. The executed EPC in the Mining sector include Jetty, Barge Loader & Conveyor - Jembayan, Serakaman Sebuku, and Berau Coal Suaran, all of which are located in Kalimantan.

For the result of investment of the company in the 65 MW Gas-Fired Power Plant (PLTG) in Talang Duku Palembang, the company participated by contributing electricity during the Sea Games event sometime ago, and the recurring income from the project was realized this year.

The company's participation in infrastructure development is considerably high, including the construction of 6 Airports, i.e. Sepinggan Airport in Balikpapan, Ngurah Rai Airport in Bali, Juata Airport in Samarinda, Sultan Taha Airport in Jambi, Supadio Airport in Pontianak, and Kualanamu Airport in Medan for an Airport Railway Station package, and the construction of seaports, such as Bayur Bay in Western Sumatra, Lamong Bay in East Java, Kariangau Pier in Kalimantan, New Tanjung Priok in Jakarta and some highways.

"Our growth strategy focuses on the growing performance of four business pillars: Construction, Property, EPC and Investment with the support of innovation and efficiency program, development of Human Resources, sound financial condition, risk management and implementation of Good Corporate Governance", explained Bambang Triwibowo, the President Director of PT PP.

About PT PP (Persero) Tbk

PT PP (Persero) Tbk (IDX:PTPP) is a leading Indonesian Construction, Property and Infrastructure Company, and one of the largest state-owned construction companies in Indonesia, established in 1953. Among the projects completed by PT PP are Hotel Indonesia, People's Consultative Assembly / House of Representatives Building, Balerang Cable Stayed Bridge Tonton, Tanjung Perak Port and several skyscrapers in the primary business district area in Jakarta. PTPP has consistently maintained an annual profit growth of 25% - 30%. For more information, please visit

Source: PT PP (Persero) Tbk

Betty Ariana
Corporate Secretary
PT PP (Persero) Tbk
Tel: +62-21-877-84137

Copyright 2012 ACN Newswire. All rights reserved.

More Stories By ACN Newswire

Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new data-driven world, marketplaces reign supreme while interoperability, APIs and applications deliver un...
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi's VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driving this change including privacy controls, data transparency and integration of real time context w...
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
The IoT is upon us, but today’s databases, built on 30-year-old math, require multiple platforms to create a single solution. Data demands of the IoT require Big Data systems that can handle ingest, transactions and analytics concurrently adapting to varied situations as they occur, with speed at scale. In his session at @ThingsExpo, Chad Jones, chief strategy officer at Deep Information Sciences, will look differently at IoT data so enterprises can fully leverage their IoT potential. He’ll share tips on how to speed up business initiatives, harness Big Data and remain one step ahead by apply...
Nowadays, a large number of sensors and devices are connected to the network. Leading-edge IoT technologies integrate various types of sensor data to create a new value for several business decision scenarios. The transparent cloud is a model of a new IoT emergence service platform. Many service providers store and access various types of sensor data in order to create and find out new business values by integrating such data.
The broad selection of hardware, the rapid evolution of operating systems and the time-to-market for mobile apps has been so rapid that new challenges for developers and engineers arise every day. Security, testing, hosting, and other metrics have to be considered through the process. In his session at Big Data Expo, Walter Maguire, Chief Field Technologist, HP Big Data Group, at Hewlett-Packard, will discuss the challenges faced by developers and a composite Big Data applications builder, focusing on how to help solve the problems that developers are continuously battling.
There are so many tools and techniques for data analytics that even for a data scientist the choices, possible systems, and even the types of data can be daunting. In his session at @ThingsExpo, Chris Harrold, Global CTO for Big Data Solutions for EMC Corporation, will show how to perform a simple, but meaningful analysis of social sentiment data using freely available tools that take only minutes to download and install. Participants will get the download information, scripts, and complete end-to-end walkthrough of the analysis from start to finish. Participants will also be given the pract...
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing these ideas and some early experiments performed in the Kurento open source software community in areas ...
Internet of Things (IoT) will be a hybrid ecosystem of diverse devices and sensors collaborating with operational and enterprise systems to create the next big application. In their session at @ThingsExpo, Bramh Gupta, founder and CEO of, and Fred Yatzeck, principal architect leading product development at, discussed how choosing the right middleware and integration strategy from the get-go will enable IoT solution developers to adapt and grow with the industry, while at the same time reduce Time to Market (TTM) by using plug and play capabilities offered by a robust IoT ...
Today’s connected world is moving from devices towards things, what this means is that by using increasingly low cost sensors embedded in devices we can create many new use cases. These span across use cases in cities, vehicles, home, offices, factories, retail environments, worksites, health, logistics, and health. These use cases rely on ubiquitous connectivity and generate massive amounts of data at scale. These technologies enable new business opportunities, ways to optimize and automate, along with new ways to engage with users.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data shows "less than 10 percent of IoT developers are making enough to support a reasonably sized team....
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes about through a Communications Platform as a Service which allows for messaging, screen sharing, video...
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.
The IoT market is on track to hit $7.1 trillion in 2020. The reality is that only a handful of companies are ready for this massive demand. There are a lot of barriers, paint points, traps, and hidden roadblocks. How can we deal with these issues and challenges? The paradigm has changed. Old-style ad-hoc trial-and-error ways will certainly lead you to the dead end. What is mandatory is an overarching and adaptive approach to effectively handle the rapid changes and exponential growth.
Mobile messaging has been a popular communication channel for more than 20 years. Finnish engineer Matti Makkonen invented the idea for SMS (Short Message Service) in 1984, making his vision a reality on December 3, 1992 by sending the first message ("Happy Christmas") from a PC to a cell phone. Since then, the technology has evolved immensely, from both a technology standpoint, and in our everyday uses for it. Originally used for person-to-person (P2P) communication, i.e., Sally sends a text message to Betty – mobile messaging now offers tremendous value to businesses for customer and empl...
Can call centers hang up the phones for good? Intuitive Solutions did. WebRTC enabled this contact center provider to eliminate antiquated telephony and desktop phone infrastructure with a pure web-based solution, allowing them to expand beyond brick-and-mortar confines to a home-based agent model. It also ensured scalability and better service for customers, including MUY! Companies, one of the country's largest franchise restaurant companies with 232 Pizza Hut locations. This is one example of WebRTC adoption today, but the potential is limitless when powered by IoT.
You have your devices and your data, but what about the rest of your Internet of Things story? Two popular classes of technologies that nicely handle the Big Data analytics for Internet of Things are Apache Hadoop and NoSQL. Hadoop is designed for parallelizing analytical work across many servers and is ideal for the massive data volumes you create with IoT devices. NoSQL databases such as Apache HBase are ideal for storing and retrieving IoT data as “time series data.”