Calling data as the new gold, Aboitiz Data Innovation, the Data Science and Artificial Intelligence arm of the Aboitiz Group, launched ADI: Let's Press Start event at the ArtScience Museum recently.
ADI showcased the possibilities DSAI can contribute to accelerated transformation in its key sectors including financial services, power, and smart cities, to help build a data-driven future and advance businesses and communities in the region.
The launch was attended by over a hundred partners and stakeholders from both Singapore and the Philippines.
Among the key Aboitiz executives in attendance were Aboitiz Group president and CEO Sabin Aboitiz, AboitizPower president and CEO Emmanuel Rubio, Aboitiz InfraCapital president and CEO Cosette Canilao, UnionBank president and CEO Edwin Bautista, Aboitiz Food Group Business CEO Eric Nojac, and ADI CEO Dr. David Hardoon. In their company were key members of the business community in Singapore, alongside Singaporean government officials, members of the academe, and top officials from the Embassy of the Republic of the Philippines in Singapore led by Charge d'Affaires, a.i. and Consul General Dr. Emmanuel R. Fernandez.
Integral to the Aboitiz Group's Great Transformation plans in making the company more resilient and future-ready, 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.
New premium commodity
"Data is the new oil or gold. Its value and currency are 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," Aboitiz Group president and CEO Sabin Aboitiz said.
Through 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 is revolutionizing how data is used across industries, sectors, and borders," said ADI CEO Dr. David R. Hardoon. "Through tried and tested DSAI frameworks, ADI brings together the science and domain knowledge to enable companies to focus obsessively on its operationalization. We're excited to see the business- and people-centric, quantifiable impact the activation of DSAI will have on customer services, operational efficiency, and risk management."
As businesses and governments continue to recognize digital innovation as the engine of economic growth, ADI is leveraging Singapore's position as a leading technology hub to strengthen its commitment and foothold in the region over the next five years through increased investment and working with strategic local partners. With the support of the Singapore Economic Development Board (EDB), ADI will drive the company's push in hiring more talent in Singapore and establish its DSAI advisory services and products offered in the region.
EDB executive vice president Tan Kong Hwee said, "The Aboitiz Group's expansion of its DSAI arm, ADI, as part of the Group's Great Transformation plans, is testament to Singapore's hub status in Asia for innovation and technology. EDB will continue to catalyze and support companies' growth and transformation strategies in the region. We warmly welcome ADI's plans, which will provide desirable job opportunities for Singaporeans and contribute to the growth of Singapore's diverse DSAI talent pool."