UOB and Singtel Joins 9 Other Winners at the IDC Digital Transformation Awards 2020 Asia/Pacific

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UOB and Singtel Joins 9 Other Winners at the IDC Digital Transformation Awards 2020 Asia/Pacific
UOB and Singtel Joins 9 Other Winners at the IDC Digital Transformation Awards
2020 Asia/Pacific

                                     nd
           SINGAPORE, October 22 , 2020 – IDC Asia/Pacific
           revealed today 11 winners at the 2020 Asia/Pacific IDC
           Digital Transformation Awards (DXa) led by Union Bank
           of the Philippines (Regional Digital Trailblazer), Piramal
           Glass (Regional Digital Transformer) and Ather Energy
           (Regional Digital Disruptor). Singapore-based organizations
           like UOB and Singtel are also part of the prestigious list of
           regional winners along with Bank Danamon, Haier Group
           Corporation, New Zealand Inland Revenue Department,
           OpenRice Limited, Shinhan Bank, and National Health
           Insurance Administration, Ministry of Health and Welfare -
           Taiwan.

           Now on its fourth year, IDC’s DX Awards celebrates the
           tech-enabled resilience of enterprises as they reimagine
           their business in the new normal. This year’s DX champions
           were chosen based on their successful implementation of
           digital initiatives that address new customer requirements,
           development of new capabilities, deployment of new critical
           infrastructure, and pursuit of new industry ecosystems.

           Figure 1

                                          - 1-
Figure 1: 2020 Asia/Pacific IDC
Digital Transformation Awards
Winners

“Heading into 2020, we knew that
the digital economy was upon us.
Organizations across the region
were equipping themselves with
new insights, capabilities, business
models, and partnerships, so they
could establish themselves as
leaders in their respective markets.
We saw the digital determination
of organizations and their leaders,
as they prepared their businesses
for a new decade filled with new
possibilities. But none of us were
truly prepared for what 2020 has
brought so far—for organizations
in the region, this meant picking up
the speed and fast-tracking their
digital transformation initiatives
to overcome the challenges
of a global crisis. This year's
DX Awards winners have been

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tried and tested—and as they
                   endure and emerge more resilient,
                   they have become true digital
                   champions, and examples for their
                   peers across Asia/Pacific," says
                   Sandra Ng, Group Vice President
                   for ICT Practice at IDC Asia/
                   Pacific.

                   These winners showed exceptional
                   transformative initiatives that
                   helped them rise above more than
                   1200 nominations in this year’s
                   competition.

•   Union Bank of the Philippines (Philippines) and
    Edwin R. Bautista named as 2020 Asia/Pacific
    Digital Trailblazer and 2020 Asia/Pacific DX CEO:

                   Union Bank of the Philippines
                   (UnionBank) embraces the future
                   of banking and is committed to be
                   the Philippines’ leading digital bank
                   to best serve the growing needs
                   of Filipinos everywhere. The bank
                   has always been among the first to
                   embrace technological innovations
                   to empower its customers.
                   UnionBank’s digital transformation
                   (DX) strategy reinforced its
                   commitment to deliver a superior
                   customer experience (CX) and
                   promote inclusive prosperity in the
                   Philippines.

                   Edwin R. Bautista is among the
                   few leaders in the Philippines
                   bold enough to transform the
                   organization immediately. When
                   he started as CEO, he made
                   a promise to not leave anyone
                   behind while delivering superior
                   financial results, which is backed
                   by the bank’s two years of

                                    - 3-
record income. He has led
                    the bank’s transformation and
                    shared its success story across
                    Asia. Meanwhile, he is a strong
                    advocate of the use of digital
                    technologies in the country as
                    a key to inclusive prosperity
                    through supporting government
                    initiatives and working with partner
                    organizations. UnionBank’s
                    transformation led by Mr. Bautista
                    has permeated the organization as
                    UnionBankers remain committed
                    to the organization's purpose,
                    predicated on the fact that the
                    world will continue to evolve and
                    transform to leave no one behind.

•   Piramal Glass (India) named as 2020 Asia/
    Pacific Digital Transformer for its Real-Time
    Manufacturing Insights initiative:

                    Piramal Glass is a global specialist
                    in glass packaging design,
                    production, and decoration for
                    businesses in the pharmaceutical,
                    cosmetics and perfumery, and
                    specialty food and beverage
                    industries. The company offers
                    complete end-to-end glass
                    packaging solutions in over
                    50 countries, with its design,
                    production, and decoration
                    footprint in the United States,
                    India, and Sri Lanka having an
                    overall capacity of 1,375 tons
                    daily and using 12 furnaces and
                    60 production lines. With glass
                    container production a continuous
                    complex manufacturing process
                    with over 150 variables, Piramal
                    Glass has custom-developed
                    Real-Time Manufacturing Insights

                                     - 4-
(RTMI), a smart manufacturing
                    platform, to gain live visibility
                    into operations and analyze
                    defects and losses at various
                    stages. This initiative is at the
                    core of the company's overall
                    digital transformation (DX) to
                    transform itself into an insights-
                    driven organization, led by
                    customer centricity and operational
                    excellence and imbibed with a
                    digital-as-a-fabric perspective. The
                    company has also built a partner
                    ecosystem that provides best-
                    in-class solutions by leveraging
                    analytics, Internet of Things (IoT),
                    cloud, and security and constantly
                    introducing upskilling programs
                    and initiatives for employees,
                    making them future-ready. To
                    date, Piramal Glass has analyzed
                    over 200 million data points from
                    4,000 sensors and equipment,
                    achieving production efficiency.

•   Ather Energy (India) named as 2020 Asia/
    Pacific Digital Disruptor for its Ather 450X: Smart,
    Connected, Electric Intelligent Scooters:

                    Founded in 2013 by Tarun
                    Mehta and Swanpnil Jane, Ather
                    Energy is an electric vehicle
                    start-up based in Bangalore.
                    Driving in India can be tricky, with
                    roads cratered with potholes,
                    nameless streets, chronic traffic
                    congestion, and confusing city
                    layouts. To bring cost-effective
                    mobility solutions to India's fast-
                    growing economy, Ather Energy
                    developed Ather 450 and Ather
                    450X, two intelligent scooters, and
                    established AtherGrid, an electric

                                      - 5-
vehicle charging network. Powered
                  by artificial intelligence (AI) and
                  cloud Internet of Things (IoT)
                  solutions, Ather Energy's scooters
                  provide users structured electricity
                  plans, predictive maintenance,
                  and route optimization information,
                  ensuring long-term transportation
                  cost savings. Cloud software and
                  architecture solutions have also
                  enabled the company's team
                  to deploy microservices in real
                  time constantly, delivering more
                  frequent monthly platform updates
                  to maximize the connected
                  scooters. Innovative updates
                  include "guide me home" lights
                  and real-time ride/energy efficient
                  indicators. Meanwhile, the
                  scooters' aggregated data while
                  on the road has given the Ather
                  Energy team essential intelligence
                  to develop future models based on
                  customer habits and requirements.
                  Ather Energy has since launched
                  its AtherSpace experience center
                  and over 50 charging points and
                  plans to increase its production
                  output to 100,000 units annually.

•   Joe Yau of OpenRice Limited (Hong Kong) also
    named as 2020 Asia/Pacific DX CEO:

                  OpenRice is the most popular
                  and award-winning dining
                  guide in Hong Kong, providing
                  comprehensive dining information,
                  value-added services, user-written
                  restaurant reviews, and ratings in
                  one place, enabling food lovers to
                  find the right dining experience.
                  Shifting from a dining guide to
                  a foodtech ecosystem in the

                                  - 6-
beginning of 2017, OpenRice
                  began by redeveloping its table
                  booking system into a native
                  app and website, connecting
                  consumers, restaurants, and
                  partners in the food and beverage
                  (F&B) and non-F&B sectors.
                  Led by CEO Joe Yau, this new
                  initiative includes transformation
                  of a table booking system into
                  a one-stop merchant platform
                  called OpenRice Biz to support
                  restaurants’ dining business
                  journey and the availability of
                  market insights solutions for
                  merchants, as well as agile and
                  digital business operations.
                  Enabling technologies, particularly
                  big data and analytics and artificial
                  intelligence (AI), are adopted
                  to empower the initiative. The
                  OpenRice foodtech ecosystem
                  strives to redefine users’ total
                  dining experience and service
                  merchants in marketing and sales,
                  data analytics, as well as business
                  operations, and solutions, bringing
                  both tangible and intangible
                  benefits to stakeholders in the
                  ecosystem. A 24 x 7 online table
                  booking is one of the most used
                  services on OpenRice Biz. As of
                  February 2020, over 1.8 million
                  unique users have booked through
                  OpenRice, with more than an
                  average of 7,000 daily bookings.

•   Lucheng Chen, Chairman and General Manager
    of Haier Group's COSMOPlat Internet of Things
    Ecosystem Technology, Haier Group Corporation
    (China) named as 2020 DX Leader for Asia/
    Pacific:

                                   - 7-
Established in 1984, Haier Group
Corporation is a world-leading
provider of solutions to better
life. In the Internet of Things
(IoT) era, Haier Group has
transformed from a traditional
manufacturing enterprise into
an IoT community ecosystem,
building the world's leading IoT
ecosystem brand. Lucheng Chen,
chairman and general manager
of Haier COSMOPlat, made sure
Haier's Rendanheyi model was
observed to encourage continuous
innovations within the organization.
Furthermore, Haier has penetrated
the technical fields of artificial
intelligence (AI), blockchain, cloud
computing, data technology, edge
computing, facial recognition,
and 5G (ABCDEFG), digitized
all business processes, and
repeatedly attained increased
user, enterprise, and ecosystem
value through its COSMOPlat
industrial internet platform. Under
his leadership, this platform has
supported Haier Group in the
upgrade of its seven major nodes
comprehensively and implemented
a mass customization model
with the successful participation
of users in the processes of its
15 intelligent interconnected
factories. With COSMOPlat,
Haier Group has also empowered
more small and medium-sized
enterprises (SMEs) to realize the
value of digital transformation (DX)
and high-quality development
through its "1 + 7 + N" experiential
cloud platform. To date, the
mass customization model has

                - 8-
been replicated in 15 industries,
                  12 regions, and more than 20
                  countries.

•   Bank Danamon (Indonesia) named as 2020 Asia/
    Pacific DX Gamechanger for its Danamon Digital
    Transformation initiative:

                  Established in 1956, Bank
                  Danamon is one of Indonesia’s
                  largest financial institutions,
                  serving consumers, micro, small,
                  and medium-sized enterprises
                  (MSMEs), and enterprise banking
                  segments. It also offers Sharia
                  banking services and provides
                  financing for automotive and
                  consumer goods through its
                  subsidiary, Adira Finance. The
                  bank operates an extensive
                  distribution network spread
                  out across Indonesia, with 910
                  branches and subsidiary service
                  outlets. In 2018, Bank Danamon
                  established its digital strategy,
                  accelerated by the strategic
                  investments of the Mitsubishi
                  UFJ Financial Group (MUFG)
                  and MUFG Innovation Partners
                  in partnership with Indonesia's
                  prominent digital players. The
                  strategy focuses on the three
                  pillars of a digitally enabled
                  integrated network, high-touch
                  services, and a digital core and
                  has shifted the bank's traditional
                  risk approach, marking its move
                  into the digital lending arena.
                  Bank Danamon launched its
                  API Central in 2018. Notable
                  strategic partnerships have also
                  been established with GoPay,
                  Tokopedia, and Carsome. It has

                                  - 9-
also partnered with Investree and
                    signed its first loan channeling
                    agreement to cater to SMEs. Bank
                    Danamon has also launched the
                    D-Bank app for online account
                    registration and D-BisMart app for
                    business owners involved in the
                    supply chain community.

•   New Zealand Inland Revenue Department
    (New Zealand) named as 2020 Asia/Pacific
    Information Visionary for its Inland Revenue
    Business Transformation Program:

                    The New Zealand Inland Revenue
                    Department (IRD) plays a critical
                    role in contributing to the economic
                    and social well-being of New
                    Zealanders. Its comprehensive
                    multiyear transformation project
                    features a well-integrated digital
                    transformation (DX) strategy
                    and road map that is constantly
                    evolving with information
                    management at the DX strategy’s
                    core. Information transformation
                    is infused into all stages of the
                    road map with the objective
                    of removing information silos
                    and barriers to enable better
                    services to stakeholders. The
                    transformation program includes
                    IRD's new technology platform,
                    START, a modern, resilient,
                    and configurable platform that
                    integrates tax and social policy
                    products. In addition, a new data
                    and intelligence platform (DIP)
                    has enabled vast and varied data
                    collection to facilitate quicker
                    responses in emerging trends and
                    inform decisions, complementing
                    analytical capabilities available

                                    - 10-
in START to tailor-fit proactive
                  interventions for customers. Other
                  new tools include information
                  and knowledge management
                  capabilities, advanced analytics
                  and approaches, and improved
                  business intelligence and
                  reporting. The program also
                  includes a focus on creating an
                  inclusive culture that is customer-
                  centric, agile, and intelligence-led,
                  with IRD supporting customers and
                  staff through significant training
                  and communications programs
                  to articulate the benefits of IRD's
                  modern revenue technology
                  program. For the fiscal year that
                  ended in June 30, 2020, IRD
                  collected US$76.1 billion — over
                  80% of Crown Revenue. IRD
                  has successfully transformed
                  New Zealand’s revenue system
                  by changing every aspect of
                  the way the system operates
                  while maintaining consistent and
                  uninterrupted services in collecting
                  tax and paying entitlements.

•   Shinhan Bank (Korea) named as 2020 Asia/Pacific
    Omni-Experience Innovator for its Establishment
    of the R-Offering System for Real-Time Customer
    Management of Omni Channel:

                  Shinhan Bank, South Korea's
                  second-largest commercial bank,
                  has a long history in the country.
                  To further cement its legacy,
                  it pioneered the use of digital
                  technologies, strengthening
                  customer centricity in its business
                  model. Previously, the company's
                  collection of digital journey results
                  and insight application, which

                                   - 11-
was derived punctually, lacked
                   linkage. Hence, the bank rolled
                   out the Real-Time Offering (R-
                   Offering) system, a real-time
                   event detection and processing
                   platform, to provide customers
                   and employees with offers and
                   information, analyze customer
                   behavior patterns and trends,
                   and resolve customer needs
                   as they occur. To this end, R-
                   Offering analyzes 120 million
                   pieces of data daily from 25 million
                   customer situations throughout
                   21 contact points in branch
                   counters, apps, internet banking
                   websites, and chatbots, as well
                   as detects events generated by
                   customer bank transactions in real
                   time. Because of its advanced
                   features, the platform supports
                   processing activities by detecting
                   missing employee and customer
                   information and augments sales
                   processes by uncovering new
                   opportunities. With R-Offering in
                   place, clients and personnel can
                   access relevant deals and data
                   points in as quick as one minute
                   throughout 12 channels.

•   Singtel named as 2020 Asia/Pacific Operating
    Model Master for its Singtel Operating Model
    Transformation Program:

                   The Singtel Group is Asia's
                   leading communications group,
                   providing a diverse range of
                   services, including fixed, mobile,
                   data, internet, TV, ICT, and
                   digital solutions. Headquartered
                   in Singapore, Singtel has 140
                   years of operating experience,

                                   - 12-
playing a pivotal role in the
country's development as a
major communications hub. In
2019, it launched the Singtel
Operating Model Transformation
Program (SOMTP) to transform
the organization's operating model
for developing and enhancing its
digital products and services. The
program provides the framework
to develop innovative digital
business models and ecosystems.
In doing so, SOMTP enables
the company to penetrate new
markets. Its key pillars include
incorporating rigorous user
experience (UX) design practices
into product development to meet
high usability standards and
customer needs, reengineering
core systems and processes for
seamless and consistent high-
quality experiences across devices
and channels, reconfiguring
digital capabilities to make them
reusable and shareable with
other Singtel products, and
accelerating time to market by
adopting agile and DevOps best
practices. Since the program's
implementation, the company has
seen a significant increase in its
digital services' adoption, growing
in all stages of the customer
journey — from discovery and
sales to customer care. For
instance, the My Singtel app's
transactions increased by 40% in
2019. Furthermore, SOMTP has
enabled Singtel to accelerate and
monetize innovative services for
nontelecommunications verticals,

               - 13-
such as insurance, wellness, and
                   food and beverage (F&B).

•   United Overseas Bank named as 2020 Asia/Pacific
    Talent Accelerator for its UOB Enterprise Data and
    Analytics Transformation:

                   United Overseas Bank Limited
                   (UOB) is a leading bank in
                   Asia with a global network of
                   more than 500 offices in 19
                   countries and territories in
                   Asia Pacific, Europe and North
                   America. UOB's Enterprise Data
                   and Analytics Transformation
                   strategy is accelerating the
                   adoption and usage of data
                   and analytics to drive business
                   transformation across UOB
                   Group. Underpinning the Bank's
                   strategy is its holistic approach
                   that focuses on enhancing people
                   and data capabilities, processes,
                   and technology. In 2019, UOB's
                   Data Management Office and the
                   Bank's Human Resources function
                   created a Group-wide learning
                   and development programme
                   called Better U to help the bank’s
                   more than 26,000 employees
                   deepen their digital and data
                   skills. Better U is the first in-
                   house designed digital, data, and
                   soft skills training programme
                   to receive accreditation by the
                   Institute of Banking and Finance
                   Singapore. UOB is also a leader
                   in nurturing a pipeline of future
                   talent in data analytics through
                   traineeships and scholarships,
                   such as the Master of Science in
                   Accounting (Data and Analytics)

                                   - 14-
scholarship at the Singapore
                   Management University.

•   National Health Insurance Administration, Ministry
    of Health and Welfare (Taiwan) named as recipient
    of the 2020 Special Award for Resiliency in Asia/
    Pacific for its Elevating the Network of MediCloud
    System:

                   Since its launch in 1995, the
                   National Health Insurance
                   Administration (NHIA) under the
                   jurisdiction of Taiwan’s Ministry of
                   Health and Welfare has provided
                   convenient and integrated medical
                   services to ensure equality
                   in healthcare access with the
                   National Health Insurance (NHI)
                   system. Capitalizing on novel
                   technologies, NHIA created a
                   people-centered healthcare
                   model that featured digital
                   health competence, innovative
                   community services, and smart
                   medicine. Because of its early
                   digital investments, the NHIA was
                   equipped with the organizational
                   flexibility to develop a real-
                   time alarm system called NHI
                   MediCloud System for travel
                   history, occupation, contact
                   history, and cluster history (TOCC)
                   tracking, and telemedicine. This
                   system proved to be instrumental
                   in NHIA’s response to the
                   COVID-19 pandemic because it
                   sent timely and relevant messages
                   to healthcare institutions and
                   helped minimize transmissions.
                   This early preparedness endeavor
                   restricted vulnerabilities in
                   the prevention and control
                   program, minimized the

                                   - 15-
pandemic’s threat, and became
the new norm of pandemic
prevention and control in the
international community. For post-
pandemic reconstruction, NHIA
operates with digital technology
incorporation and cross-agency
digital integration by facilitating
public–private partnerships,
connecting with NHIA’s big
data network, enhancing NHI
database functions, developing
a smart healthcare system,
promoting precision healthcare
applications, loosening regulations
to empower physicians, and
rooting telemedicine models.

IDC’s DX Awards follows a two-
phased approach to determine
country and regional winners.
Each nomination is evaluated
by a team of local and regional
IDC analysts against a standard
assessment framework based on
IDC’s DX taxonomy. All country
winners will qualify for the regional
competition to be decided by a
panel of judges comprised of IDC
analysts, industry practitioners,
thought leaders, and academia
around the globe.

All the winning digital
transformation projects were
selected as part of almost 1300
high-quality entries received
from more than 640 end-user
organizations across Asia/Pacific*.
Country winners will then be pitted
other country winners for the same
category to ultimately determine
the region’s best of the best.

                 - 16-
IDC’s new integrated content hub
that takes IDC thought leadership
events online, and exclusive
analyst essential guidance videos
on-demand. To get a preview of
this game-changing virtual events
platform for the ICT industry,
click HERE. For more information
on IDC DX Awards, please visit
www.idcdxawards.com.

IDC defines Digital Transformation
(DX) as the approach where
organizations drive changes
in their business models
and business ecosystems
                rd
by leveraging 3 Platform
technologies (e.g. Cloud, Mobile,
Big Data/Analytics, Social and
IoT) and competencies. IDC's
Asia/Pacific Digital Transformation
Strategies research program
studies the transformation efforts
of organizations across five critical
dimensions (leadership, omni-
experience, data, operating model,
and worksource) in their use of
3rd Platform technologies. This
program examines organizations'
maturity, key market trends,
competitive landscape, and end-
user buying behavior from an
IT and LOB standpoint. Users
can expect both quantitative
data and qualitative insights as
well as strategies for revenue
growth in the marketplace. By
combining both supply and
demand perspectives, this
research helps vendors identify
key areas of growth across
countries and industries. To learn
more about IDC’s Asia/Pacific

                - 17-
Digital Transformation Strategies
and research, visit HERE.

For more information about IDC
DX Awards, contact Celeste
Narvaez cnarvaez@idc.com or
Paula Jalosjos pjalosjos@idc.com.
For media inquiries, contact Tessa
Rago trago@idc.com or Alvin
Afuang aafuang@idc.com.

- Ends -

About IDC

International Data Corporation
(IDC) is the premier global
provider of market intelligence,
advisory services, and events
for the information technology,
telecommunications, and
consumer technology markets.
With more than 1,100 analysts
worldwide, IDC offers global,
regional, and local expertise
on technology and industry
opportunities and trends in over
110 countries. IDC's analysis and
insight helps IT professionals,
business executives, and the
investment community to make
fact-based technology decisions
and to achieve their key business
objectives. Founded in 1964, IDC
is a wholly-owned subsidiary of
International Data Group (IDG),
the world's leading media, data
and marketing services company.
To learn more about IDC, please
visit www.idc.com. Follow IDC on
Twitter at @IDC.

               - 18-
IDC is a subsidiary of IDG, the world’s leading technology
media, research, and events company. Additional information
can be found at www.idc.com. All product and company
names may be trademarks or registered trademarks of their
respective holders.

For more information contact:
Alvin Afuang
aafuang@idc.com
+63917 7974 586
Paula Jalosjos
pjalosjos@idc.com
+63917 7940 770
Theresa Rago
trago@idc.com
+65 9159 3053
Celeste Narvaez
cnarvaez@idc.com
+63917 6277 676

                            - 19-
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