Aboitiz Data Innovation (ADI), the Data Science and Artificial Intelligence (DSAI) arm of the Aboitiz Group, kicked off their ADI: Let’s Press Start event at the ArtScience Museum in Singapore on October 27 where it showcased the possibilities DSAI can contribute to accelerated transformation in its key sectors: financial services, power and smart cities.
ADI aims to simplify the complex world of data and drive the Group’s journey in becoming the Philippine’s first techglomorate through the operationalization of DSAI across all business units.
“Data is the new oil or gold. Its value and currency is firmly and permanently established, and strengthening by the minute. To seize it would be imperative, which is exactly what we are doing here today with the launch of Aboitiz Data Innovation, and with our ongoing Great Transformation into a fully data-driven Techglomerate – the first of its kind in the Philippines. Companies around the world are embarking on this journey themselves, and the ones that are able to create the most value from data-supported capabilities will progress the fastest,” said Sabin Aboitiz, president and chief executive officer of Aboitiz Group.
At the event, ADI promoted opportunities for its partners and industry leaders to create a meaningful and positive impact on society, offering innovative and sustainable DSAI-enabled products and services to solve business, environmental, social, and governance challenges.
ADI also announced its official partnerships with the National University of Singapore (NUS), Synfindo, and JERA at ADI: Let’s Press Start, to help accelerate operationalization of data-driven AI models across financial services, power, and smart cities in the region.
The joint collaboration between ADI and NUS aims to encourage more research and development activities in AI-enabled sustainable systems, to help develop strong use cases in areas such as urban design, power utilities, manufacturing, and finance sectors.
In addition, ADI has partnered with Synfindo to embed its data exchange platform Parlay into the Synfindo framework to further accelerate ADI’s “always share unless” approach to data. The partnership will allow Synfindo financial institutions and FinTech members to interact with data seamlessly and securely, so members can accelerate FinTech and RegTech innovation more efficiently.
ADI will also be working with JERA to explore the DSAI solutions within the energy and power sector to address power generation challenges. Through this collaboration, ADI and JERA can work to attain and maintain power generation reliability, efficiency, and environmental sustainability.
