TECHNOLOGY
Data, digitalization keys to stewarding sustainability in PH
December 11, 2022 9:32 p.m.
Nowadays, businesses and governments have been racing to achieve a sustainable, green, and digital economy and are driven to showcase their sustainability goals transparently.
In the Philippines, for instance, the government further enhanced its efforts to build climate resilience among communities nationwide and address climate change to protect the environment, lives, and property. Last year, the country submitted to the United Nations Framework Convention on Climate Change (UNFCC) Secretariat the first nationally determined contribution (NDC), covering its planned reduction and avoidance of greenhouse gasses (GHG) of 75 percent, of which 2.72 percent is unconditional. This commitment covers the period 2020 to 2030 for the sectors of agriculture, waste, industry, transport, and energy.
At the UN’s 27th Conference of the Parties (COP27) in November 2022, the Philippine government also vowed to support host country Egypt in its efforts to revitalize international consensus on the climate crisis. It also reiterated its call for climate justice and financial and technical support of developed countries for climate initiatives, particularly for developing nations.
Becoming stewards of sustainability
Meanwhile, in recent years, a growing number of organizations have been stepping up to help achieve a sustainable future by integrating environmental, social and governance (ESG) considerations into their strategic frameworks. In this year’s COP27, for instance, SAP (NYSE: SAP) pledged to support more policy transformation globally and help innovate sustainable businesses by reenergizing emerging economies to achieve a trillion-dollar greener impact and job generation.
A recent report by SAP and Oxford Economics also revealed that 66 percent of businesses in Asia do not think it is difficult to be sustainable and profitable at the same time. However, only eight percent say they receive significant value from their sustainability strategies today.
This reality may have happened due to the disconnect between sustainability plans and actions for many organizations. While 60 percent of businesses have a communicated sustainability plan, only 20 percent have incentivized leaders based on their success. In addition, less than half (44 percent) say their employees are active participants in their sustainability efforts, with the highest in India at 52 percent, followed by Singapore at 51 percent and the lowest in Malaysia at 33 percent.
“Businesses across Southeast Asia, including the Philippines, believe that they can boost their earnings while protecting the environment. This reality is a positive indicator to continue pushing towards sustainability. However, organizations must refocus their strategies to realize the significant value and reap better and actual outcomes,” said Rudy Abrahams, Managing Director of SAP Philippines.
Regulatory compliance: A key sustainability driver and a challenge
In a recent media event held by SAP at its headquarters at the NAC Tower, Bonifacio Global City in Taguig, Abrahams was joined by Apple Evangelista, Head, Sustainability and Social Responsibility (SSR) of the Globe Group, and Henrik Batallones, Marketing and Communications Director of the Supply Chain Management Association of the Philippines (SCMAP), to discuss how organizations have been refocusing their strategies to ensure sustainability.
“In the Philippines, organizations used to consider sustainability as a cost tied to regulatory compliance. But that perspective is changing. Sustainability is now seen as a strategic imperative to ensure that organizations not only provide better service to their customers but also help ensure a sustainable future,” said Batallones.
SCMAP is the premier supply chain industry organization in the country. Composed of the country’s major manufacturers, logistics providers, and retailers, SCMAP moves the industry’s global competitiveness by engaging with stakeholders in the public and private sectors, advancing supply chain education on all levels and organizing events that provide a venue for supply chain professionals to connect.
Abrahams, meanwhile, noted that too much focus on compliance can sometimes hinder achievement of sustainability goals. Citing data from the SAP and Oxford Economics report, he said that organizations in the region consider compliance as the second biggest sustainability challenge (26 percent), only behind reinventing business strategy. This means that organizations in the country may need to refocus their strategies to achieve greater value and benefit from sustainability.
Investing in data, improving sustainability outcomes
Key to improving sustainability outcomes will be the effective use of organizational data to make more informed decisions. For businesses in the Philippines, this remains a challenge as it takes time, especially for organizations like Globe, the Philippines’ top telco and digital solutions platform, which has various entities with different processes and reporting formats.
To address this challenge, Globe has been utilizing SAP solutions with 70 percent of the company’s internal systems now run by SAP. With SAP solutions already in place across its business units globally, the company migrated to SAP S/4HANA to improve fragmented processes, manual workloads, inefficiencies, lack of insights, and delayed decision-making.
Meanwhile, SAP Fiori apps helped enhance the user experience and access to insights. Enhanced visibility enables well-informed decision-making throughout the organization, and automation and fewer reconciliations in finance allow faster financial transaction processing, book closing, and error-free reporting.
Finance functions became integrated and efficient, providing real-time business insights, while IT security was strengthened with improved authorization controls and compliance. By facilitating these improvements, SAP S/4HANA proved to be a catalyst for change for Globe, helping it adapt to changes easily in its business environment.
“For us at Globe, sustainability is putting our purpose in action. By understanding what is material to us as a business and what matters to our stakeholders and our industry, we recognize how data-driven strategies play an integral role in guiding our sustainability practice,” Evangelista said.
Evangelista also emphasized the importance of responsible sustainability reporting, using it as a springboard for goals and target milestones in the coming years.
Abrahams could not agree more. He noted that businesses that are achieving value from sustainability are defined by traits such as setting clear expectations at the strategic level, applying the transformative power of technology and data management, and engaging with important audiences such as employees, supply chain partners and policymakers.
Helping organizations in their sustainability journey
SAP, for instance, has been helping organizations in their sustainability journey enabled by data, from driving transparency for disclosure purposes,incorporating or optimizing their data to make more sustainable business processes and decisions, to scaling sustainable practices across industry business networks and value chains.
In line with its purpose to help the world run better and improve people’s lives, SAP also enables organizations to achieve zero waste, zero emissions, and zero inequality through a broad range of solutions. Since organizations now demand fast, reliable, and compliant standard regulatory reporting, and want to leverage insights for their internal sustainable business transformation, SAP ESG solutions portfolio provides a scalable and integrated reporting platform.
Among its offerings are its most recently updated SAP Sustainability Control Tower (SCT) solution, which can help improve ESG transparency and sustainable business performance. SCT enables companies to record ESG factors with out-of-the-box integration with SAP systems for faster time to value and granular data visibility based on actual data, not averages.
The solution also enables companies to report regulatory compliant ESG metrics covering common frameworks based on an open and extensible solution with the largest ESG ecosystem. And lastly, it allows business leaders to act and plan with actionable insights, forecasts and setting targets, track initiatives, and optimize business processes to make an impact.
Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.
TECHNOLOGY
SEA 2023: Cybercriminals clog business networks with financial phishing
6:36 p.m. March 18, 2024
In 2023, Kaspersky anti-phishing technologies detected nearly 500,000 attempts to follow a phishing link on businesses’ devices in Southeast Asia (SEA). Interestingly, this number only refers to phishing links related to finance matters – e-commerce, banking, and payment systems.
Phishing persuades users to take action which gives a scammer access to your device, accounts, or personal information. By pretending to be a person or organization the users trust, they can more easily infect the victim with malware or steal their information.
These social engineering schemes “bait” with trust to get valuable information. This could be anything from a social media login, to your entire identity via your social security number. These schemes may urge the user to open an attachment, follow a link, fill out a form, or reply with personal information.
“Financial phishing” is a type of phishing which refers to fraudulent resources related to banking, payment systems and digital shops. Payment system phishing includes pages impersonating well-known payment brands.
From January to December last year, Kaspersky solutions detected and blocked a total of 455,708 financial phishing attempts targeting companies of various sizes in the region. The statistics reflect clicks on phishing links placed in various communication channels, including emails, fraudulent web sites, messengers, social media, etc.
“Phishing is a trusted technique for cybercriminals when it comes to infiltrating business networks because they usually work. The rise of generative AI helps cybercriminals to make phishing messages or scam resources more convincing. As a result, it becomes challenging for people to distinguish between a scam and a legitimate communication. That’s why the role of robust security solutions increases,” comments Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky.
The Philippines logged the highest number of financial phishing at 163,279 attempts in 2023, followed by Malaysia with 124,105. Indonesia chalked up 97,465 incidents while Vietnam experienced 36,130 phishing attacks related to financial matters. Thailand and Singapore registered the least number of this threat at 25,227 and 9,502 respectively.
“Cybercriminals employ various tactics, including financial-related phishing, to deceive employees and trick them into falling victim to an attack Our recent study showed employee security violations can be as damaging as external hacking for companies in Asia Pacific which means the human factor continues to play a role in making businesses vulnerable. Tools to help safeguard against human error are a vital step forward, but they can’t exclude employee education, skills development, and overall strengthening of the company’s ability to detect and respond to cyberattacks,” adds Yeo.
To help companies protect their systems against the damages of a successful phishing attack, Kaspersky experts recommend:
- To advance decision-makers’ understanding of the importance of cybersecurity and how best to distribute budgets to stay ahead of threats, engage them with Kaspersky Interactive Protection Simulation for enhanced C-level professional education.
- Consider experts’ help. For example, Kaspersky Assessments family of professional services identifies security gaps in your system’s configuration, and the Security Architecture Design helps create an IT security infrastructure that’s a perfect fit for a particular company. Every step of implementation is grounded in real security needs, giving decision-makers convincing arguments to allocate budgets.
- Install and use enterprise security solutions with anti-phishing software: The Advanced Anomaly Control feature within Kaspersky Endpoint Security for Business Advanced, Kaspersky Total Security for Business and Kaspersky Endpoint Detection and Response Optimum help prevent potentially dangerous activities that are ‘out of the norm’, both undertaken by the user and initiated by the attacker who has already seized control of the system.
TECHNOLOGY
Revolutionizing social networking: Rili, groundbreaking AI-powered platform
6:11 p.m. March 9, 2024
Rili.ai officially launches its AI-powered app to redefine how individuals connect, interact, create, and communicate in the digital age. Thanks to voice cloning and lip-syncing, anyone can create their own digital twin (Rili) and interact with anyone, anytime, and anywhere.
Users can cultivate their digital twin, training it with content in over 100 languages to break down communication barriers and foster worldwide friendships. Whether you’re looking to expand your knowledge, gain insights and information from other individuals, or delve deeper into meaningful conversations with other users, Rili.ai is the app to do so effortlessly.
To train Rili, users can share knowledge and information through chat (written messages or voice audios) or by speaking into a microphone. Moreover, it is possible to integrate the digital print of anyone into Rili profiles with their existing accounts on platforms such as Twitch, X, and YouTube. Leveraging this integration, Rili.ai gathers personalized information from users’ public profiles on these platforms, ensuring a tailored experience based on their interests and preferences.
Features for Enhanced Social Engagement
The app offers various features designed to enhance users’ digital interactions. The explore feature allows users to effortlessly search for their favorite Rili users and discover others who share similar interests and preferences, fostering meaningful connections in a virtual community. With profile customization, users can tailor their Rili to reflect their unique personality and interests. The chat functionality allows users to initiate conversations with other “Rilis” and review their past chats, promoting seamless interaction and boosting engagement. Other features include creating favorite Rili lists, scoring conversations, adding likes to conversations or phrases, and sharing messages with anyone through different channels.
Through Rili, users have the unique ability to deeply connect with others, gaining valuable insights and understanding into their perspectives, experiences, and expertise. Rili.ai facilitates meaningful connections that transcend geographical boundaries and time constraints. With its advanced capabilities, Rili.ai offers an app for preserving digital heritage, allowing users to capture and preserve their memories, stories, and experiences for future generations.
“Rili is the new generation of social media platforms. Powered by AI and using the most relevant state-of-the-art technologies, its development will be a turning point for the history of communication. The creation of digital twins will give the opportunity to the society to expand their knowledge, connections and share of voice beyond boundaries”, highlighted Antonio Camacho, Rili Co-founder. “Rili’s mission is to fight against isolation, allowing people to connect with others you would not be able to reach”.
Join Rili’s white list
The Rili alpha version is already live for anyone interested in joining the community. You can sign up for the white list and will be notified once you have access to create your own Rili. The app is available for iOS and Android.
Revolutionizing Social Networking: Introducing Rili, the Groundbreaking AI-Powered Platform for Sharing and Expanding Your Legacy
Rili.ai officially launches its AI-powered app to redefine how individuals connect, interact, create, and communicate in the digital age. Thanks to voice cloning and lip-syncing, anyone can create their own digital twin (Rili) and interact with anyone, anytime, and anywhere.
Users can cultivate their digital twin, training it with content in over 100 languages to break down communication barriers and foster worldwide friendships. Whether you’re looking to expand your knowledge, gain insights and information from other individuals, or delve deeper into meaningful conversations with other users, Rili.ai is the app to do so effortlessly.
To train Rili, users can share knowledge and information through chat (written messages or voice audios) or by speaking into a microphone. Moreover, it is possible to integrate the digital print of anyone into Rili profiles with their existing accounts on platforms such as Twitch, X, and YouTube. Leveraging this integration, Rili.ai gathers personalized information from users’ public profiles on these platforms, ensuring a tailored experience based on their interests and preferences.
Features for Enhanced Social Engagement
The app offers various features designed to enhance users’ digital interactions. The explore feature allows users to effortlessly search for their favorite Rili users and discover others who share similar interests and preferences, fostering meaningful connections in a virtual community. With profile customization, users can tailor their Rili to reflect their unique personality and interests. The chat functionality allows users to initiate conversations with other “Rilis” and review their past chats, promoting seamless interaction and boosting engagement. Other features include creating favorite Rili lists, scoring conversations, adding likes to conversations or phrases, and sharing messages with anyone through different channels.
Through Rili, users have the unique ability to deeply connect with others, gaining valuable insights and understanding into their perspectives, experiences, and expertise. Rili.ai facilitates meaningful connections that transcend geographical boundaries and time constraints. With its advanced capabilities, Rili.ai offers an app for preserving digital heritage, allowing users to capture and preserve their memories, stories, and experiences for future generations.
“Rili is the new generation of social media platforms. Powered by AI and using the most relevant state-of-the-art technologies, its development will be a turning point for the history of communication. The creation of digital twins will give the opportunity to the society to expand their knowledge, connections and share of voice beyond boundaries”, highlighted Antonio Camacho, Rili Co-founder. “Rili’s mission is to fight against isolation, allowing people to connect with others you would not be able to reach”.
Join Rili’s white list
The Rili alpha version is already live for anyone interested in joining the community. You can sign up for the white list and will be notified once you have access to create your own Rili. The app is available for iOS and Android.
TECHNOLOGY
The lightest smartphone with massive 6000mAh battery HONOR X7b coming to PH on March 9
4:34 p.m. March 7, 2024
HONOR Philippines never stops! After the successful launches of HONOR X9b 5G, HONOR Magic V2, and HONOR X8b, the leading global smart devices provider is expected to launch the HONOR X7b in the Philippines on March 9!
“We, at HONOR, believe that technology is very inclusive, there is technology that caters to even the most unique requirement there is. We had HONOR X9b 5G that is ultra tough that can withstand harsh drops. HONOR X8b was recently introduced with a massive storage and great camera quality for those who value design and photography. Now, we are welcoming a new addition to our X Series, the HONOR X7b,” said HONOR Philippines Vice President Stephen Cheng.
Welcoming the HONOR X7b
HONOR X7b is the latest addition to HONOR’s X Series line-up, offering consumers a reliable, well-rounded device available to consumers at an affordable price. Delivering upgrades in hardware performance, battery performance, and photography capabilities, the new device promises an exceptional, uninterrupted user experience.
Equipped with a 6,000mAh ultra-large battery, the HONOR X7b delivers the best battery life among all HONOR X Series smartphones to date. It can support various activities for up to 3 days on a single charge, making it a reliable companion for users on the go. Thanks to HONOR’s innovative battery technologies, the HONOR X7b is the thinnest and lightest smartphone with a 6000mAh battery. The device’s battery maintains over 80% of its health even after three years of usage, ensuring exceptional longevity and reducing the need for constant recharging.
The HONOR X7b boasts a 108MP Main Camera with a 1/1.67-inch sensor. To enable the camera to capture bright and vivid shots even in challenging low-light conditions, the HONOR X7b supports 9-in-1 pixel binning, achieving a pixel size measuring 1.92µm that ensures night colors are faithfully reproduced in images.
For more information and announcements, you may visit HONOR’s website www.hihonor.com or social media platforms: Facebook (Facebook.com/HonorPhilippines), Instagram (Instagram.com/honorph/) and TikTok Shop: (Tiktok.com/@honorphilippines). To check out HONOR’s complete list of retail stores, go to https://www.hihonor.com/ph/retailers/.
In the meantime, check out HONOR’s wide array of mobile phones, tablets, and laptops at any HONOR Experience and Partner Stores nationwide or online via Shopee (https://bit.ly/HONORPHShopee), Lazada (https://bit.ly/HONORPHLaz) and TikTok Shop (https://bit.ly/HONORTikTokShop)
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