PHILIPPINES

Ayala Land and Meralco Recognised for Innovation Projects at Annual AIBP Philippines Enterprise Innovation Award

Ayala Land and Meralco were selected as the winners from the Philippines in the 2021 ASEAN Enterprise Innovation Award, presented by AIBP. The 2021 edition of the award saw over 130 nominations across 5 countries, narrowed down to 27 finalists and 10 eventual winners – two of which came from the Philippines.

Enterprise Innovation Award winners from the Philippines will be invited to showcase their digital transformation projects at AIBP’s Innovation Retreat along with other winners from ASEAN countries, including Malaysia, Indonesia, Thailand and Vietnam.

Ayala Land’s Drive to Simplify Internal Users’ Experience of Applications

Ayala Land Inc. is the largest property developer in the Philippines with 12,483 hectares in their land bank, 30 estates, and presence in 57 growth centers across the country with an estimated market capitalisation of US$10.4 Billion.

To provide a seamless experience for users of enterprise applications and technology services across the group, the Enterprise Technology Division developed the Assistme IT service application. Assistme’s automated and integrated services provided more efficiency using a service-oriented architecture design. Customer satisfaction was improved, with a  decrease in ticket cancellations and a shorter average resolution time observed. 

Meralco’s Transformation Powered by Technology and Tradition for Utilities Distribution

Meralco is the largest private sector electric distribution utility in the Philippines, with a market capitalisation of US$6.6 Billion. The utility covers 36 cities and 75 municipalities, with a franchise area of 9,685 square kilometers. While its coverage is just 3% of the Philippines’ land area, it accounts for 55% of the country’s electricity output. 

Creating delightful experiences for customers throughout their journeys by improving processes and platforms to deliver excellent service in both traditional and digital channels is at the forefront of Meralco’s transformation strategy. Meralco maximises its data through grid transformation by converting it to insights – from dashboards to more advanced machine learning – and using these to accelerate efficiency and growth by facilitating data-driven decisions. Taking future business demands into consideration, Meralco’s Citizen IT Program is preparing Meralco’s workforce for the road ahead. 

Both projects by Ayala Land and Meralco resonate with the findings in the annual AIBP ASEAN Innovation Survey, with fortifying and upgrading IT infrastructure to meet future demands one of the top 5 business objectives in building business resilience.

About AIBP ASEAN Enterprise Innovation Award

Established in 2017, the key objective of the annual AIBP Enterprise Innovation Award is to give recognition to organisations who have embarked on projects to digitally transform their business through the adoption of innovative technology. The awards are held annually in the following ASEAN countries: Indonesia, Malaysia, Philippines, Thailand and Vietnam.

About AIBP

AIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations.

AIBP

3 January 2022