Search
START TYPING AND PRESS ENTER TO SEARCH

Java Philippines

Unveiling Challenges and Solutions for Renewable Energy Sources
  • No Comments

Unveiling Challenges and Solutions for Renewable Energy Sources
Unveiling Challenges and Solutions for Renewable Energy Sources 650 486 Exist Software Labs

Renewable energy is the future of our planet, but the transition to a fully sustainable energy system is not without its challenges. From technological limitations to policy barriers, there are numerous hurdles that must be overcome.

Yes, renewable energy sources have been around for centuries, and for the past few decades, they have been gaining increased attention and promotion due to the need for more sustainable, environment-friendly, and cost-effective energy sources. However, with the increasing interest, there are a few challenges that have been identified with the use of renewable energy sources.

Challenges for Renewable Energy Sources

  1. Availability of reliable sources – Depending on the type of renewable energy, such as solar, wind, or hydro, these sources are dependent on certain weather or geographical conditions. Solar energy, for instance, can only be tapped during the day, and only if the skies are clear. Similarly, wind energy is highly dependent on wind speed, and hydro energy requires a large reservoir. Having such limited availability of renewable energy sources can be a challenge to its utilization and also leads to power outages due to the lack of a reliable source.
  2. The cost associated with the use of renewable energy sources – Compared to traditional energy sources like coal and gas, setting up renewable energy sources requires higher capital investments. For example, the cost of setting up a solar panel is significantly higher than the cost of purchasing coal or gas. This higher price tag is a challenge for countries and organizations that are looking to adopt renewable energy sources.
  3. Storage of renewable energy – Since renewable energy sources are available intermittently, storing this energy for future use can be a challenge. While newer technologies are being developed to address this problem, the existing technology does not suffice to store this energy in bulk for future use.
  4. lack of infrastructure – The infrastructure needed to support renewable energy sources is often much more expensive than traditional sources of energy. This means that countries and communities that want to switch to renewable energy sources must invest in new infrastructure or upgrade existing infrastructure. This can be a difficult and costly challenge to face.
  5. Information technology – can also present a challenge for renewable energy sources. While information technology has provided a wealth of opportunities for renewable energy sources, it can also present a challenge in the form of cyber-security. For example, if a renewable energy source has been hacked, it could lead to catastrophic consequences. This is why it is essential that information technology is used responsibly and in accordance with strict security protocols.

Looking for solutions to these challenges? Schedule a free consultation today!

Contact Us

Despite the challenges, renewable energy sources are gaining traction due to the numerous advantages it offers. To address the availability challenge, many countries and organizations are investing in building smart grids. This allows the energy from renewable sources to be integrated with that from traditional sources, thus reducing the risk of power outages. To address the cost challenge, organizations are also offering subsidies and incentives to encourage the adoption of renewable energy sources. To tackle the storage challenge, advanced technologies like energy storage systems, such as batteries and flywheels, are being developed to ensure that the energy can be stored for future use.

Ultimately, renewable energy sources are a key component of our future energy needs. However, if we are to ensure that these sources are viable and reliable options for the future, it is important that we understand and address the challenges that they face. By investing in renewable energy sources, upgrading infrastructure, and utilizing information technology in a responsible manner, we can ensure that renewable energy sources are here to stay. With the right solutions and investments, these challenges can be addressed, paving the way for a greener future.

We understand that renewable energy poses unique challenges that require innovative solutions.

At Exist Software Labs, Inc., our team of experts is dedicated to developing cutting-edge software and hardware solutions that help energy businesses and communities make the most of clean energy.

Optimize your renewable energy production and storage, minimize downtime, and reduce energy waste with our advanced analytics and monitoring tools. Our smart energy management systems enable you to manage and control your energy usage in real-time, ensuring that you are always in control of your energy costs and carbon footprint.

By leveraging the latest technologies and working closely with our clients, we help you overcome the obstacles that stand in the way of a more sustainable future. We are committed to providing reliable and effective energy solutions that make renewable energy accessible and affordable for businesses of all sizes.

Are you ready to dive into the exciting world of renewable energy? As we look to transition to a greener future, there are certainly challenges to overcome. But fear not! With innovation and determination, we can find solutions to even the toughest obstacles. 

Need an Energy Billing and Trading System but not sure where to start?

Contact Us Today
Open Banking Ecosystem: Why do Banks with APIs Captivate More Users
  • No Comments

Open Banking Ecosystem: Why do Banks with APIs Captivate More Users
Open Banking Ecosystem: Why do Banks with APIs Captivate More Users 1300 972 Exist Software Labs

A PLACE WHERE YOU CAN SEE EVERYTHING – This is the first thought that comes to my mind about Mobile Internet Banking. Banks who adapt in digital banking are being advanced in providing quality banking experience by tailoring their offerings to their customers because of open banking.

While top banks are enjoying this kind of flexible and extensive Open-Banking, the majority are still stuck with the traditional way of banking. Taking leverage of this new technology will expedite the growth of Banks and Financial Institutions.

What is Open Banking?

It is a banking technology model that gives access to users to securely allow their data that they can share with the bank’s third parties (of course, with their consent)  to offer a personalized and seamless experience.

This banking model creates a more competitive environment by opening up new opportunities for collaboration between banks, fintech, and other financial institutions. In the Philippines, it is still in its early stages, but it is quickly gaining traction as a new and innovative way of providing financial services to customers.

The implementation of open banking in the Philippines requires collaboration between different stakeholders, such as regulators, banks, fintech, and customers. The Bangko Sentral ng Pilipinas (BSP), the country’s central bank, has created guidelines and regulations that encourage the adoption of open banking in the Philippines. These guidelines include the use of APIs (Application Programming Interfaces) to facilitate the sharing of data between banks and third-party providers.

To encapsulate how it works, Banks and Fintech have privacy policy guidelines when we are installing an app or registering to their website. This means that they designed data safety conditions that comply with regulators and the government to protect every customer’s data. 

Digital Banking in 2023 – What to Expect

Open Banking Ecosystem: Why do Banks with APIs Captivate More Users

Open banking offers several benefits to both banks and customers. Banks can leverage open banking to improve the customer experience by offering new and innovative financial products and services. For example, it enables banks to provide personalized financial advice, digital payment solutions, and other services that meet the needs and expectations of their customers.

Moreover, by partnering with fintech and other third-party providers, banks can access new technologies and expertise that can enhance their offerings.

By working together, regulators, banks, fintech, and customers can create a more competitive and transparent financial services market that benefits everyone. For banks still not adapting to this technology, it is important to stay informed about open banking and embrace this new model to stay ahead of the competition and provide better services to customers.

Executives must understand the importance of open banking and support its implementation and growth. IT experts, on the other hand, must ensure that the necessary technology and infrastructure are in place to help open banking securely and efficiently.

What are the Benefits of Open Banking?

  1. Improving competition: It allows third-party providers to offer financial services, increasing competition in the market and providing customers with more options.
  2. Enhancing innovation: It enables the development of new financial products and services through tailored promotional offerings, loyalty rewards, and other marketing advertisements based on customers’ interests, digital behavior, etc. These kinds of personalized user experiences are always with the consent of users by checking the terms and conditions when they sign up for an account. Additionally, the terms and conditions of the banks are always relying on the government’s Data-Privacy Act.
  3. Improving financial inclusion: It can help reach underserved or unbanked populations by enabling new providers to enter the market and offer financial services.
  4. Enhancing security: It can help improve the security of financial transactions by using modern technologies and standards, such as strong customer authentication.

How Should banks respond to Open Banking? Do they need to adapt?

Banks need to respond to open banking and adapt to this new model. Open banking represents a shift in the traditional banking industry and offers both challenges and opportunities for financial institutions. 

To successfully respond to open banking, banks need to adopt an open and collaborative approach. This means working with fintech, third-party providers, and other stakeholders to develop new financial products and services that meet customer needs and expectations. In order to do this, they need a Digital Banking Solutions Provider that will enable them to apply it accordingly. The effect? Banks can leverage open banking to offer new services, such as personalized financial advice and digital payment solutions, that can improve the overall customer experience.

Additionally, banks must prioritize security and data protection in their initiatives. This includes implementing robust security measures and data management processes to ensure the protection of customer data and financial information.

In short, banks need to respond by embracing it as a valuable opportunity to improve their offerings, better serve their customers, and stay competitive in the market. By adapting to open banking, banks can ensure their continued success in the rapidly evolving financial services industry.

Exist Software Labs, Inc. offers digital banking solutions for banks and financial institutions that want to modernize their systems to better serve their customers and make their banking seamless and personalized. Our solutions include but are not limited to Mobile Internet Banking, Accounts Onboarding/Enrollment, Loans Management System, & Corporate Internet Banking. 

Contact Us Today to Learn More about Digital Banking!

Start your Digital Banking journey that is secure, scalable, connected, cloud-ready & flexible.

CONTACT US
WESM Mindanao
  • No Comments

Are you prepared for WESM Mindanao’s commercial operation?
Are you prepared for WESM Mindanao’s commercial operation? 650 486 Exist Software Labs

The Independent Electricity Market Operator of the Philippines (IEMOP), operator of the Wholesale Electricity Spot Market (WESM), announced that it is preparing market participants for the official launch of the WESM Mindanao  on January 26, 2023.

Energy Secretary Raphael Lotilla signed the Department of Energy Circular 2022-12-0039 in December 2022, requiring Mindanao electric power industry participants and entities to register as WESM members.

As part of the preparations for the commercial launch of WESM Mindanao, IEMOP hosted a Focus Group Discussion(FGD) in collaboration with various energy industry agencies. IEMOP discusses the provisions of DOE Circular 2022-12-0039 and the activities leading up to WESM’s commercial operations in the region.

WESM Mindanao
WESM Mindanao

Source: WESM | Readiness checklist

“The commercial operation of WESM Mindanao and the MVIP [Mindanao Visayas Interconnection Project] is expected to improve the reliability of electric power supply not only in the Mindanao grid but also in the Luzon and Visayas grids,” according to the circular. It also stated that the commercial operation of the MVIP would require the commercial operations of WESM Mindanao to allow for the efficient transfer of electricity exchanges.

The circular also requires the market operator to facilitate WESM registration and authorize the disconnection of WESM participants and entities that are required to register but are unable to do so.

The critical roles of different agencies such as IEMOP, National Electrification Administration (NEA), Power Sector Assets and Liabilities Management Corp. (PSALM), Philippine Electricity Market Corp. (PEMC), and National Grid Corp. of the Philippines (NGCP) were also discussed in the circular.

Need help with WESM Mindanao commercial operations? Schedule a free consultation today!

Contact Us

Among the roles played by various agencies were:

The IEMOP should also ensure that WESM Mindanao participants comply with the registration requirements and take appropriate action to address noncompliance. They should also ensure that the WESM Mindanao transitions and operates smoothly.

The PEMC will monitor and evaluate the WESM Mindanao implementation and make recommendations to address any policy issues that may arise. It will also impose sanctions and penalties following the circular’s provisions.

The NEA will assist electric cooperatives (ECs) in completing their WESM registration and coordinate with relevant agencies to ensure that the ECs meet the financial and technical requirements for WESM registration.


So the real question is, Are you ready to transition with the WESM Mindanao commercial operations?

We understand that you are committed to ensuring that your company remains compliant with the WESM rules and market manuals, but we also know that it can be difficult to keep track of all of your obligations.

That’s why we at Exist Software Labs Inc. provide Energy System Solutions, a solution that helps you:

– Automate the collection of 5-minute WESM data,
– Comply with the NEW BIR Ruling,
– Streamline submission to CRSS and NMMS,
– Seamless monitoring of MMS data such as RTD, HAP, DAP, LMP, and others,
– Generation of BCQ for CRSs upload,
– Smooth processing of CRSS Metering and Settlement data, and more! 

We will help you avoid sanctions and penalties by assisting you to ensure full compliance with all of your obligations under WESM Rules and Market Manuals.

Check out these links to help you get prepared for WESM Mindanao commercial operation

– WESM Mindanao
– WESM Operations
– WESM-Mindanao-FGD-Grid-Scheduled-Gens_QA-_clean.pdf (iemop.ph)

Avoid WESM Penalties and Sanctions Today!

Automate your processes and create a more competitive, transparent, and efficient system with our Energy Systems Solutions!

Contact Us
Big Data, Data Solutions, Healthcare, Retail
  • No Comments

Trends and Industries: How Data Solutions upend existing sectors to new heights in 2023?
Trends and Industries: How Data Solutions upend existing sectors to new heights in 2023? 650 486 Exist Software Labs

The defining era of data is currently upon us. Business model threats and economic shocks are common. Power is changing wherever you look, including in the market, our technological infrastructure, and the interactions between companies and customers. Change and disruption have become the norm. Data Solutions have been useful in innovating the industry.

Data-savvy businesses are well-positioned to triumph in a winner-take-all market. In the past two years, the distance between analytics leaders and laggards has increased. Higher revenues and profitability can be found in companies that have undergone digital transformation, embraced innovation and agility, and developed a data-fluent culture. Those who were late to the game and who still adhere to antiquated tech stacks are struggling, if they are even still in operation.

So, when you create your data and analytics goals for 2023, these are the key trends to help you stay one step ahead of your competitors.

Healthcare

Data Analytics and Data Solutions can be used to improve patient outcomes, streamline clinical trial processes, and reduce healthcare costs. 

Some specific examples of how Analytics is being used in healthcare include:

  1. Improving patient outcomes: Analytics can be used to identify patterns and trends in patient data that can help healthcare providers make more informed decisions about treatment plans. For example, data from electronic health records (EHRs) can be analyzed to identify risk factors for certain conditions, such as heart disease or diabetes, and to determine the most effective treatments for those conditions.
  2. Streamlining clinical trial processes: Data Analytics can be used to improve the efficiency of clinical trials by allowing researchers to identify suitable candidates more quickly and by helping them to track the progress of trials more closely.
  3. Reducing healthcare costs: Analytics can be used to identify inefficiencies in healthcare systems and to help providers implement cost-saving measures. For example, data analysis can be used to identify patterns of overutilization or unnecessary testing, and to develop strategies for reducing these costs.

Financial services

Data Analytics can be used to detect fraud, assess risk, and personalized financial products and services. 

Some specific examples of how Data Analytics is being used in the financial industry include:

  1. Fraud Detection: Data Analytics can be used to identify patterns and anomalies in financial transactions that may indicate fraudulent activity. This can help financial institutions to prevent losses due to fraud and to protect their customers.
  2. Risk Assessment: Analytics can be used to assess the risk associated with various financial products and services. For example, data analysis can be used to assess the creditworthiness of borrowers or to identify potential risks in investment portfolios.
  3. Personalizing financial products and services: Analytics can be used to gain a deeper understanding of individual customers and to personalize financial products and services accordingly. For example, data analysis can be used to identify the financial needs and preferences of individual customers, and to offer customized financial products and services that are tailored to those needs.

Retail

Retail companies can use Data Analytics to optimize pricing, understand customer behavior, and personalize marketing efforts. 

Some specific examples of how Data Analytics is being used in the retail industry include:

  1. Prizing Optimization: Retail companies can use Data Analytics to identify patterns in customer behavior and to optimize their pricing strategies accordingly. For example, data analysis can determine the most effective price points for different products and identify opportunities for dynamic pricing (i.e., adjusting prices in real time based on demand).
  2. Understanding customer behavior: Analytics can be used to gain a deeper understanding of customer behavior and preferences. This can help retailers to make more informed decisions about the products and services they offer, and to identify opportunities for cross-selling and upselling.
  3. Personalizing marketing efforts: Analytics can be used to deliver more personalized and targeted marketing efforts to customers. For example, data analysis can be used to identify customer segments with similar characteristics and to develop customized marketing campaigns for each segment.
  4. Cost Reduction: Being able to have a JIT (Just in Time) procurement and storage of items which in turn increases/optimizes warehouse capacity and reduces spoilage, and improves logistics.

Manufacturing

Data Analytics can be used to optimize supply chain management, improve production efficiency, and reduce costs. 

Some specific examples of how Data Analytics is being used in the manufacturing industry include:

  1. Optimizing supply chain management: Analytics can be used to improve the efficiency of the supply chain by identifying bottlenecks and inefficiencies, and by developing strategies to address these issues.
  2. Reducing fuel consumption: Analytics can be used to identify patterns in fuel consumption and to identify opportunities for fuel savings. For example, data analysis can be used to identify the most fuel-efficient routes or to identify vehicles that are consuming more fuel than expected.
  3. Improving fleet management: Analytics can be used to improve the efficiency of fleet management by identifying patterns in vehicle maintenance and repair data, and by helping fleet managers to develop strategies to optimize vehicle utilization and reduce downtime.
  4. Forecast roadworthiness of vehicles: This can help set trends on when a vehicle would break down or need repairs based on utilization, road conditions, climate, and driving patterns.

Energy

Data Analytics can be used to optimize the production and distribution of energy, as well as to improve the efficiency of energy-consuming devices.

Some specific examples of how Analytics is being used in the energy industry include:

  1. Optimizing the production and distribution of energy: Analytics can be used to optimize the production and distribution of energy by identifying patterns in energy demand and by developing strategies to match supply with demand. For example, data analysis can be used to predict when energy demand is likely to be highest and to adjust energy production accordingly.
  2. Improving the efficiency of energy-consuming devices: Analytics can be used to identify patterns in energy consumption and to identify opportunities for energy savings. For example, data analysis can be used to identify devices that are consuming more energy than expected and to develop strategies to optimize their energy use.
  3. Monitoring and optimizing energy systems: Analytics can be used to monitor and optimize the performance of energy systems, such as power plants and transmission grids. Data analysis can be used to identify potential problems or inefficiencies and to develop strategies to address them.

Agriculture

Analytics can be used to optimize crop yields, improve the efficiency of agricultural processes, and reduce waste.

Some specific examples of how Data Analytics is being used in agriculture include:

  1. Optimizing crop yields: Analytics can be used to identify patterns in crop growth and to develop strategies to optimize crop yields. For example, data analysis can be used to identify the most suitable locations for growing different crops and to develop customized fertilization and irrigation plans.
  2. Improving the efficiency of agricultural processes: Data Analytics can be used to identify patterns in agricultural data and to develop strategies to optimize processes such as planting, fertilizing, and harvesting.
  3. Waste Reduction: Analytics can be used to identify patterns in food waste and to develop strategies to reduce waste. For example, data analysis can be used to identify the most common causes of food waste on farms and to develop strategies to address those issues.

These are just a few examples of the many industries that are likely to adopt Data Analytics technologies as part of their digital transformation efforts in the coming years. 

Other industries that are also likely to adopt Analytics Technologies include Government, Education, and Media, among others. In general, Data Analytics Technologies are being adopted across a wide range of industries because they can help organizations to gain insights from their data, make more informed decisions, and improve their operations. 

As more and more organizations recognize the value of Analytics, it’s likely that we’ll see even greater adoption of these technologies in the coming years.

To learn more about our Data Solutions Services, click here.

Data Science, Science and Technology
  • No Comments

Data Science 101: What are concepts you need to know before entering the Data Science world?
Data Science 101: What are concepts you need to know before entering the Data Science world? 650 486 Exist Software Labs

I was playing around with data and then I found the Science — Yes, my introduction to the world of Data Science has been a part of my research work.

If you’re like me, starting out with Data Science looking for resources that can give you a jump start or at least a better understanding of it or you have just heard/read the term being coined and want to know what it is, of course, you can find a gazillion materials about it, this is, however, how I started and got familiar with the basic concepts.

Want to learn more about Data Solutions and Services? Click here.

What is ‘Data Science’?

Data Science provides meaningful information based on larger amounts of complex data or big data. Data-Driven Science combines different fields of work in statistics and computation to interpret data for decision-making purposes.

Understanding Data Science

How do we collect data? — Data is drawn from different sectors, channels, and various platforms including cell phones, social media, e-commerce sites, various healthcare surveys, internet searches, and many more. The surge in the amount of data available and collected over a period of time has opened the doors to a new field of study based on big data — the huge and massive data sets that contribute towards the creation of better operational tools in all sectors.

The continuous and never-ending access to data has been made possible due to advancements in technology and various collection techniques. Numerous data patterns and behavior can be monitored and it can make predictions based on the information gathered.

In technical terms, the above-stated process is defined as Machine Learning; in layman’s terms, it may be termed Data Astrology — predictions based on data.

Nevertheless, the ever-increasing data is unstructured in nature and is in constant need of parsing in order to make effective decisions. This process is really complex and very time-consuming for organizations — and hence, the emergence of Data Science.

A Brief History / Background of Data Science

The term ‘Data Science’ has been in existence for about three decades now and was originally used as a substitute for ‘Computer Science’ in the 1960s. Approximately 15–20 years later, the term was used to define the survey of data processing methods used in different applications. 2001 was the year when Data Science was introduced to the world as an independent discipline.

Disciplinary Areas of Data Science

It incorporates tools from multiple disciplines to gather a data set, process and derive insights from the data set and interpret it appropriately for decision-making purposes.

Some of the disciplinary or noteworthy areas that make up the Data Science field include Data Mining, Statistics, Machine Learning, Analytics Programming, and the list goes on. But, we would be doing a brief discussion mainly on the aforesaid topics as the concept of Data Science mainly revolves around these basic concepts, just to keep it simple.

Data Mining applies algorithms to complex data sets to reveal patterns that are then used to extract useful and relevant data from the set.

Statistics or Predictive Analysis uses this extracted data to gauge events that are likely to happen in the future based on what the data shows happened in the past.

Machine Learning can be best described as an Artificial Intelligence tool that processes massive quantities of data that a human is incapable of doing in a lifetime — it perfects the decision model presented under predictive analytics by matching the likelihood of an event happening to what actually happened at a predicted time in the past.

The process of Analytics involves the collection and processing of structured data from the Machine Learning stage using various algorithms. The data analyst interprets, converts, and summarizes the data into a cohesive language that the decision-making team can understand.

Data Scientist

Literally speaking, the job of a Data Scientist is multi-tasking: We collect, analyze and interpret massive amounts of structured and unstructured data, and in a maximum number of cases, to improve an organization’s operations. Data Science professionals develop statistical models that analyze data and detect patterns, trends, and various relationships in data sets.

This vital information can be used to predict consumer behavior or to identify business and operational risks. Hence, the job of a Data Scientist can be described as a story-teller that uses data insights in telling a story to the decision-makers in a way that is understandable. The role of a Data Scientist is becoming increasingly important as businesses rely more heavily on data analytics to drive decision-making and lean on automation and machine learning as core components of their IT strategies.

Present & Future of Data Science

Data Science has become the real thing now and there are potentially hundreds and thousands of people running around with that job title. And, we too have started seeing these Data Scientists making large contributions to their organizations. There are certainly challenges to overcome, but the value of data science from a business point of view is pretty clear at this point.

Now, thinking about the future, certain questions definitely arise — “How will the practice of data science be changing over the next five years? What will be the new research areas of data science?”

“Will the fundamental skills remain the same?”

These are certainly debatable questions, but one thing is for sure — inventions have happened and will continue to happen when there arises any demand for the betterment of the future. And, the world would keep benefiting from data science through its upcoming innovations.

The possibilities of how to utilize Data Science in real-world scenarios are endless! Our Data Solutions team would be happy to help you capitalize on this technology for your enterprise.

Exist Software Labs Inc, Informatica Data Governance Pocket Session
  • No Comments

Exist Software Labs Inc and Informatica Pocket Session 2022: Realizing Data Governance Benefits in a Cloud-Hybrid World
Exist Software Labs Inc and Informatica Pocket Session 2022: Realizing Data Governance Benefits in a Cloud-Hybrid World 650 486 Exist Software Labs

Exist Software Labs Inc and Informatica Pocket Session: Realizing Data Governance Benefits in a Cloud-Hybrid World

On September 15, Exist Software Labs, in a joint effort with Informatica, gathered various market leaders from various verticals to conduct another pocket session on Data Governance and its benefits in a Cloud-Hybrid World.

Exist and Informatica: Realizing Data Governance Benefits in a Cloud-Hybrid World

Jon Teo, Data Governance and Privacy Expert at APJ spoke at the event about its benefits. He demonstrates how it helped various industries such as healthcare, automotive, insurance, manufacturing, power, and others around the world by leveraging its risk and compliance to protect the enterprise, as well as data intelligence that unlocks more value and data opportunities for businesses.

According to him, rapid cloud adaptation and a hybrid ecosystem generate more volume from more sources, making it difficult to discover, manage, and control data, requiring the urgent need for an agile governance approach.

Kingsley Dsouza, a Technical Data Governance Privacy Domain Expert, was one of the speakers who also demonstrated Informatica’s services. According to him, “Data Governance platform helps users in finding information that will assist them in solving their day-to-day business problems, which most organizations struggle with and take a long time to process.”

It’s no secret that the Asia-Pacific region lags behind the rest of the world in data management, with less than 50% of organizations having standardized data management capabilities. As the amount of data generated in the region continues to grow at an exponential rate, organizations are scrambling to find effective ways to manage and store all of this information, which is where the agile governance approach comes into play.

Mitigate security risks and ensure compliance with data privacy laws by standardizing your data management! Get in touch with our team to know more.

Download our FREE DATASHEET!

Begin your journey toward data maturity.
and transform into a data-driven organization today!

DOWNLOAD DATASHEET

Did you miss the event?

Watch the Realizing Data Governance Benefits in a Cloud-Hybrid World Video On Demand now!

WATCH VIDEO ON DEMAND

Download FREE Datasheet!

    Exist Software Labs Inc. and Informatica
    • No Comments

    Exist Software Labs Inc. and Informatica held a joint Pocket Session on Intelligent Data Management Cloud at the Shangri-La Fort Hotel in BGC!
    Exist Software Labs Inc. and Informatica held a joint Pocket Session on Intelligent Data Management Cloud at the Shangri-La Fort Hotel in BGC! 650 486 Exist Software Labs

    Exist Software Labs Inc. and Informatica held a joint Pocket Session on Intelligent Data Management Cloud at the Shangri-La Fort Hotel in BGC!

    ‘Data is the new oil. Like oil, data is valuable, but if unrefined it cannot really be used. It has to be managed/processed (integrated, mapped, transformed) to create a valuable entity which provides insights that drives profitable activities.’ – Informatica

    A collaboration with Informatica


    Exist Software Labs inc collaborated with Informatica for an exclusive face-to-face event last July 28, 2022, at the Shangri-La Fort Hotel in BGC. The guests were able to meet with data management expert and Informatica’s Head of Cloud Product Specialist, Daniel Hein, who shared how companies can bridge the gap between technology and business through automation, integration, and data governance, unlocking true business value from data.

     

    The world is changing, and so are your business’s needs. You must be able to adapt quickly to keep up with the changes. “In the last two years, a lot has changed. We are faced with new ways of doing business; the world is moving to a data-driven digital economy… However, there are CONSTRAINTS that you must overcome.” says Daniel Hein, Head of Cloud Product Specialists, APAC and Japan.

    That is why businesses must change their approach. The new Intelligent Data Management Cloud intends to help clients with that! The first and most comprehensive AI-powered data management solution in the industry. A single cloud platform. Every cloud-native service you’ll ever need for next-generation data management.

    IDMC

    Meet the new Intelligent Data Management Cloud of Informatica!

    IDMC platform cuts through red tape and provides accurate AI models across your organization so you can make timely decisions based on the most up-to-date information.

    It also gives you 360-degree views of your data across all areas of your business—so you can see who has access and what they’re doing with it—and allows easy workflow management.

    It is built on top of an enterprise cloud platform; and is equipped with a powerful security model that helps keep sensitive information secure from hackers.

    If you’re looking for a way to help your company prepare for this transition and stay competitive in an ever-changing marketplace, look no further! We specialize in helping companies not only to keep pace but also to improve their bottom line through digital transformation.

    Download our FREE DATASHEET!

    Begin your journey toward data maturity.
    and transform into a data-driven organization today!

    DOWNLOAD DATASHEET

    Download FREE Datasheet!

      Get Your Free Data Sheet

      Exist at Future Energy Show 2022
      • No Comments

      Exist Software Labs Inc. Participates in the Future Energy Show 2022, the largest energy show in the Philippines!
      Exist Software Labs Inc. Participates in the Future Energy Show 2022, the largest energy show in the Philippines! 650 486 Exist Software Labs

      Exist Software Labs Inc. Participates in the Future Energy Show 2022, the largest energy show in the Philippines!

      Last week, September 7-8, 2022, the largest energy conference, Future Energy Show, was held at SMX, Manila.

      Exist Software Labs Inc. Participates in the Future Energy Show

      Over 4,700+ future energy leaders, experts, professionals, partners, & other attendees, more than 80 world-class solution providers & exhibitors, and more than 90+ speakers brought new insights about the industry.

      The two-day event covers a wide range of industry topics, with panel discussions focusing on the most recent innovations in renewable energy. Smart grid and T&D, rural electrification, large-scale solar, alternative renewables, and storage are all possibilities.

      Senator Sherwin Gatchalian, one of the Philippine Energy Specialists, was also a resource speaker at the conference.

      In one of his speeches, he encouraged the use of renewable energy throughout the country to lower electricity prices, saying, “Dapat lumipat na tayo sa Solar, lumipat na tayo sa ganitong teknolohiya, para bumaba ang pagbabayad natin ng kuryente, dahil pag solar, sarili natin pino-produce yung’ kuryente, hindi na tayo bibili.”.

      Sen. Win Gatchalian at Future Energy Show 2022

      Sen. Win Gatchalian at Future Energy Show Philippines 2022

      The Philippines’ energy future is in the digital transformation of its electricity system. It is here, at the Future Energy Show, where we shared our expertise in digitalizing Philippine Power Systems.

      We understand the challenges power system development can bring, and we at Exist are ready to provide solutions that take into account every aspect of the process. Our top-tier expertise in power system development has helped us gain an excellent reputation among clients.

      As the power industry strives for the future of energy through technological advancement, Dell technologies can assist in delivering the products you require in reimagining your system.

      Dell will empower you to manage increasingly complex grids by performing analytics at the point of data collection through the use of edge technology.

      With our technology and innovation, together with our partner, Dell technologies, a complete system is our promise to you – it’s what gives you peace of mind as you ensure that your devices and systems are constantly being optimized.

      Don’t wait to innovate, take your power to the next level Today!

      Let us help you build Power System Solutions that drive efficiency, growth, and innovation and help your company produce smarter and faster decisions.

      DOWNLOAD DATASHEET

      Download FREE Power Datasheet!

        China Trust Banking Corporation (CTBC) Signs a Contract with Exist for their Digital Banking Modernization
        • No Comments

        China Trust Banking Corporation (CTBC) Signs a Contract with Exist for their Digital Banking Modernization
        China Trust Banking Corporation (CTBC) Signs a Contract with Exist for their Digital Banking Modernization 650 486 Exist Software Labs

        Exciting changes awaits to China Trust Banking Corporation (CTBC)  clients as they partner with Exist Software Labs, Inc., a renowned IT Solutions Provider in the Philippines. Through this partnership, they can expect a number of innovative digital solutions that will be available for CTBC’s clientele. For a sneak peek, they can expect a more seamless, convenient, and secure Onboarding and Loan Application System this year.

        The contract signing happened in One Bonifacio, BGC, Taguig City participated by Exist Software Lab’s President & CEO, Michael Lim, VP for Engineering, Jonas Lim, and China Trust Banking Corporation (CTBC’s) Senior Vice President and Group Head for Retail Banking Group Remo Romulo M. Garrovillo Jr., Senior Vice President & Group Head for IT, Jereven Adriano and other members of their management.

        After almost a year of discussion and brainstorming for the selection process, this partnership came to fruition.  There will be several digitization initiatives in CTBC that will help thousands of Filipinos make their CTBC day-to-day online banking transactions seamless while using their smartphones and computer devices anywhere, anytime. But the good news doesn’t end here for this innovation is not exclusive to retail clients but includes enterprise clients as well.

        Exist Software Labs will effectively enable CTBC to better serve their clients and more Filipinos with their financial needs.  Digital Banking technologies, as a better way,  to assist in the drive for Financial inclusion in the Philippines.

        Download our FREE datasheet!

        Exist fosters a future-ready digital banking technology that equips its banking and fintech partners with the agility to adapt to ever-changing market demands.

        Get my copy
        Exist joined 10th World Financial Innovation Series at Sofitel Philippine Plaza
        • No Comments

        Exist Joined 10th World Financial Innovation Series at Sofitel Philippine Plaza
        Exist Joined 10th World Financial Innovation Series at Sofitel Philippine Plaza 650 486 Exist Software Labs

        Exist Joined 10th World Financial Innovation Series at Sofitel Philippine Plaza

        In this year’s event, Exist Software Labs, Inc. joined one of the biggest conferences for the Banking, Financial Services & Insurance industry – the 10th World Financial Innovation Series at Sofitel Philippine Plaza, Pasay. Hundreds of decision-makers, chief executives and managers attended the event to learn, acquire, and engage with speakers and solutions providers that will help them in their digital transformation journey.

        As digital banking became one of the major topics, Banking Executives and Decision makers dropped by at Exist Booth to check our main Banking Solutions: Onboarding Solution, Mobile Internet Banking and Loans Management Solution and other services that are relevant for their digitalization needs. 

        For mobile banking, all the participants who dropped by our booth got to experience Exist’s mobile internet banking and accounts onboarding/enrollment as they tried our digital banking prototype.

        Through this event initiative, our hope as one of the fastest growing digital banking solutions provider in the country is to empower Financial Institutions in the Philippines in serving and reaching more clients through various digital platforms.

        Exist joined 10th World Financial Innovation Series at Sofitel Philippine Plaza
        Exist joined 10th World Financial Innovation Series at Sofitel Philippine Plaza
        Exist joined 10th World Financial Innovation Series at Sofitel Philippine Plaza
        Exist joined 10th World Financial Innovation Series at Sofitel Philippine Plaza

        Download our FREE datasheet!

        Exist fosters a future-ready digital banking technology that equips its banking and fintech partners with the agility to adapt to ever-changing market demands.

        Get my copy

        Get your FREE Datasheet

          Get Your Free Data Sheet

          Enter your
          text here