Prepare for an exhilarating journey with our fresh Partner Spotlight series. We’re delighted to share insights into the remarkable collaborations between ADI and our partners, marked by innovation and success. Today, we’re pleased to have our data platform partner Harbr as our inaugural participant in this series.
Cain Christoforou from Harbr is already with us, ready to dive deep into the valuable partnership between Harbr and ADI. Together, we'll uncover the synergies propelling our collective success.
Cain: A truly impactful real-world use case that really gave me a lot of satisfaction involved two major business units within the Aboitiz conglomerate: Union Bank sharing data with Aboitiz Power.
Aboitiz Power faced payment defaults from several customers in rural areas of the Philippines who were being targeted by loan sharks charging extortionate interest rates. Aboitiz Power was required to shut off the electricity to those customers, which was a costly and painful process.
By sharing this data with Union Bank (in an encrypted format to protect PII sensitivities), Union Bank was able to offer more affordable loan options to these targeted customers. This benefited three parties: customers paying bills without high interest rates, Union Bank gaining new customers, and Aboitiz Power maintaining uninterrupted electricity access for their customers — truly a win-win-win!
Cain: Focus on the value and use cases that your data can unlock and work backward from there. Organizations often prioritize “perfecting” data assets through processes and technologies, neglecting the collaboration with end data consumers. These consumers are the ultimate beneficiaries, deriving value from the data and insights. When you understand the needs of your data consumers, you can center any upstream activities on driving toward them.
Closing out our initial Partner Spotlight series, Cain's final response above brings this chapter to an end. A huge shout-out and a warm thank you to Cain from Harbr for being the powerhouse behind our collaboration success.
We will continue to showcase extraordinary collaborations between ADI and our partners that shape the future! Stay tuned for more inspiring stories!
About Aboitiz Data Innovation (ADI)
Aboitiz Data Innovation (ADI) stands as a pioneering leader in the data science and AI landscape. We provide transformative AI consulting and data-driven IoT solutions, catering to a diverse range of sectors including banking & financial services, power, and smart cities. With numerous real-time data solutions across various industries, our network includes some of the world's most innovative companies and experts in data science and AI.
For the latest updates on inspiring collaborations and stories, stay connected with us on LinkedIn and Facebook by clicking on the links below. Don't miss out on our upcoming interviews and collaborative ventures as we aim to continuously share compelling narratives within the tech industry.