Union Bank Philippines wins 2018 “Digital Transformer of the Year” and six others recognized by IDC for excellence and leadership

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By: Estrella Z. Gallardo

Union Bank of the Philippines was named 2018 “Digital Transformer of the Year”, the second IDC Digital Transformation Awards (DXa) at the Makati Shangri-La Hotel, September 20, 2018 with six other companies recognized by IDC for excellence and leadership in their digital transformation (DX) efforts.

The six companies recognized with Union Bank of the Philippines were: • ALLCARE’s ALLCARE named as the Digital Disruptor of the year; • Philippine Health Insurance Corporation’s data-driven Transformation of PhilHealth named as DX Leader of the Year and Information Visionary of the Year; •Traci of Manila Electric Company (MERALCO) named as Talent Accelerator of the Year;  •Asian Hospital and Medical Center’s Asian Hospital Hopprlab Power Bi Analytics named as Information Visionary of the Year, •Unilab Inc Implements NetSuite OneWorld to Transform B2B Operations named Operating Model Master; and •PhilCare HeyPhil App named Omni-Experience Innovator of the Year.

IDC DXa recognizes organizations that have significantly disrupted the market or have transformed it, using digital and disruptive technologies. All the seven winners from the Philippines will represent the country to go head-to-head with winners from other Asia Pacific countries at the regional finals in Singapore on 25th October. These winners have distinguished themselves in terms of business transformation initiatives across one or more of the five DX masteries to transform and disrupt the market in the Philippines.

“This year’s nominations have proven that all industries are keen on improving their business processes and client engagement. We have seen interesting projects on cognitive computing/AI, Big Data and Analytics, IoT, robotics and robotics process automation being utilized across vertical industries, among others. This signifies that DX has achieved a macroeconomic scale and has become an important tool for Philippine businesses to achieve success,” said Jubert Alberto, Head of Operations, IDC Philippines.

“The Philippine businesses are commonly working in silos. As they commit to transform their businesses, these organizations have been establishing an enterprise-wide digital strategy that could help address IT challenges across all business units. IDC believes this is the main priority for the local enterprises, as it will help them in crafting out a unified digital roadmap and strategy that will provide an overall holistic change in the culture, people, and business processes. Constant engagement and strong collaboration between IT and Line of Business (LOB) are needed for this initiative, therefore, awareness of emerging technologies such as cloud, Internet of Things (IoT), and big data and analytics (BDA) should continuously grow for digital transformation to take place,” said Sudev Bangah, Managing Director, IDC ASEAN.

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

Winners from all around Asia Pacific will join the Singapore winners at IDC’s DX Summit and Digital Transformation Awards (DXa) Gala Night, where the regional winners will be announced for the categories of Digital Transformer of the Year; Digital Disruptor of the Year; DX Leader, Omni­experience Innovator, Talent Accelerator, Information Visionary, and Operating Model Master.

The regional awarding ceremony will happen on the 25th October 2018 at JW Marriott Singapore. For more information on the awards and judging criteria, please visit the IDC DX Awards website HERE.

For queries about IDC DX Awards, contact Jubert Alberto, Head of Operations, IDC Philippines. For media inquiries, contact Glorie Perez at [email protected]

 

About IDC

IDC is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy. More than 1,100 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 50 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world’s leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.

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