CEBU CITY -- Aboitiz Data Innovation (ADI) and Shiptek Solutions Corporation (Shiptek), a Philippine-based software development company forged a partnership to further drive the operationalization of Data Science and Artificial Intelligence (DSAI) in the logistics industry transforming it with next-gen technologies.
According to ADI that while many agree that financing of both logistics fees and export import of goods will help alleviate the problems logistics MSMEs are facing, businesses will need to find a sustainable long-term solution to tackle these challenges.
ADI’s mission in helping businesses maximize the use of data and operationalize DSAI has seen successful use cases across the banking and financial services sectors, including alternative credit scoring for MSMEs.
The new partnership would leverage the industry’s digital platform XLOG to develop innovative DSAI solutions with the combine expertise of both companies.
“XLOG has a solid foundation in place to help enable the logistics and shipping industries to manage and monitor transactions online. By leveraging the data we have on hand, we believe this strategic collaboration with ADI will help stakeholders such as importers, exporters, forwarders, and trucking operators have the proper resources and financial support in place to drive success,” Shiptek Chief Operations Officer Joey Ynion explained.
ADI Managing Director Dr. David Hardoon believed that the work they do at ADI demonstrates how implementing DSAI solutions have the power to make life easier and better for all.
“We have all seen the positive impacts alternative credit scoring has had and continues to have on MSMEs – increasing financial sustainability and providing greater financial support to those in need. Soon the stakeholders in the logistics industry will also begin to see the same results,”. Hardoon added.
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