Dr. David R. Hardoon, Chief Executive Officer Of Aboitiz Data Innovation, Talks About Expanding Philippines’ AI Capabilities And Success In Southeast Asia.
In a recent media briefing, Aboitiz Data Innovation (ADI) announced its target of expanding its data science and artificial intelligence capabilities across Southeast Asia to foster innovation and growth across the region.
ADI highlighted that the challenges in deploying, developing, and delivering value from AI in the Philippines are the same as in neighboring Southeast Asian markets. This provides an immense opportunity to bring ADI's know-how and approaches to making AI work to other regional countries.
"ADI aims to help companies tailor AI solutions to their specific goals. While it's impressive when one company succeeds with AI, we aim to enable more companies to strengthen entire industries. With ADI's data science and AI expertise, we plan to expand this capability from the Philippines and Singapore to other Southeast Asian markets. By sharing our methods, ADI can help multiple organizations excel, transforming whole regional sectors," shared Dr. David R. Hardoon, ADI Chief Executive Officer.
According to the US-ASEAN Business Council, AI could add $1 trillion to Southeast Asia's GDP by 2030, representing an 18% increase. Recognizing this potential, the Association of Southeast Asian Nations (ASEAN) released a regional guide on artificial intelligence governance and ethics earlier this year, supporting its members as they increasingly embrace AI.
ADI has started forging partnerships across the region to build its footprint. ADI recently teamed up with Cloudera to empower Asia Pacific's financial services and industrial sectors with GenAI capabilities, followed by a partnership with Thailand's REPCO NEX and AboitizPower to create the country's first intelligent power plant, enhancing asset health and reducing downtime through AI-driven proactive maintenance. The DSAI startup is an official Amazon Web Services (AWS) partner for Select Tier Services and the Public Sector, boosting its ability to deliver AI-powered solutions.
ADI is actively building a robust talent pool to support its goal across the region: to drive innovation and foster an inclusive future. The company embraces advanced workforce flexibility, adaptability, and Diversity, Equity, and Inclusion (DEI) measures to attract and retain talent.
Hailing from the Philippines' Aboitiz techglomerate and headquartered in Singapore, ADI offers data science and AI products and capabilities tailored to the financial services, industrials, and public sectors of these two markets.
In the Philippines, ADI collaborates with Union Bank of the Philippines for AI solutions in credit scoring and risk management, fighting financial crimes. With AboitizPower, they integrate AI for power plant operations and maintenance. ADI collaborates with Victorias City for smart city road mapping and works with the Department of Budget and Management on utilizing analytics for data-driven decision-making.
Adding to their growing list of clients is a leading bank in Asia and Singapore pillar bank— United Overseas Bank Limited (UOB), covering data governance review.
ADI's product lineup encompasses Alternative Scoring, Transaction Monitoring, Customer Intelligence, Demand Forecasting, and Landslide Risk Scoring. Additionally, its capabilities extend to generative AI, smart city advisory, and data management & architecture.