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Home»Business»Aboitiz Data Innovation Launches AVA AI: Leading the Charge in Enterprise-Grade GenAI Innovation
Business

Aboitiz Data Innovation Launches AVA AI: Leading the Charge in Enterprise-Grade GenAI Innovation

Team OrangeBy Team OrangeJuly 17, 2024No Comments4 Mins Read
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Aboitiz Data Innovation (ADI), the Data Science and Artificial Intelligence (DSAI) arm of the Aboitiz Group, recently announced the launch of AVA AI, its Generative AI (GenAI) Platform designed to empower enterprises across the public and private sectors. Built with enhancing productivity in mind, AVA AI is able to seamlessly integrate into existing systems and handle complex workflows, allowing teams to gain access to constructive insights from their organisations’ collective data securely and efficiently.

Many enterprises today face challenges with data dispersed across multiple sources and systems, leading to missed crucial insights and hampered strategic decision-making. Moreover, relying on GenAI platforms that depend exclusively on publicly-available information is prone to generating irrelevant or inaccurate answers and increasing security risks for enterprises. These inefficiencies can stifle team productivity and overall operational effectiveness. AVA AI addresses these issues by consolidating data, providing actionable insights, and boosting efficiency and decision-making within organisations.

“In line with our mission to make AI work for our clients and their stakeholders, we designed AVA AI with the sole purpose in mind to simplify how enterprises interact with their data,” shared Dr. David R. Hardoon, ADI Chief Executive Officer. “By streamlining processes and enhancing workflows, we enable them to not only make informed decisions swiftly and efficiently, but also to uncover valuable insights.”

At its core, AVA AI features an enterprise-ready chat interface that allows users to interact with backend applications using natural language on-premise or through cloud, breaking down data barriers. It can intelligently extract information from internal data sources, search the web if needed, and seamlessly integrate with existing systems and workflows securely. This enables teams to have smart, context-aware conversations to generate crucial insights from enterprise data without the risk of misinformation.

AVA AI ensures data security through robust encryption and granular access controls that are in compliance with industry standards to mitigate external threats and regulatory risks. Data is also protected internally, with role-based access control managing access to sensitive data only to specific users. Additionally, audit trails record all platform interactions, enhancing transparency and compliance with relevant regulations, and the availability of usage analytics empowers decision-making and further optimises workflows.

Enterprises can customise AVA AI agents – in-built programs that can perform specialised skill sets such as document parsing, accessing primary information sources, and integrating with enterprise APIs. This enables it to handle complex operational tasks such as research, document extraction, content generation, and analytics using enterprise’s private data and Retrieval Augmented Generation (RAG) technology to deliver evidence-backed answers, eliminating factually irrelevant or inaccurate input.

For example, a multilateral development bank utilises AVA AI to phase in multiple workstreams, ensuring the needs of each department were met through customised agents. AVA AI offers personalised capabilities such as access to internal and internet documents for references, support from multiple large language models (i.e. OpenAI GPT-4, Anthropic Claude 3, Meta Llma 3) ensuring fair and trustworthy answers, synthesis of inputs from three models, the ability to open source document links, quick summaries, and the option to deploy sector agents for domain-specific queries.

ADI proudly boasts cross-functional teams comprising data engineers, data scientists, full-stack developers, and DevSecOps specialists, ensuring best practices are upheld throughout implementation. Their proven domain expertise accelerates the operationalisation and customisation of the platform according to enterprise needs and goals.

“While GenAI has shown much promise in consumer use cases, AVA AI distinguishes itself with unparalleled ability for personalised applications across enterprises and functions,” said Nicolas Paris, ADI Chief Data & Technology Officer. “With its advanced features and possibilities, AVA AI is poised to unlock new realms of efficiency, innovation, and strategic insights for enterprises with diverse business needs.”

AVA AI is now available to enterprises across Southeast Asia. It integrates easily with popular productivity suites like Google Workspace and Microsoft’s SharePoint and Office 365. It can also be easily accessed through web browsers and communications platforms such as Slack and Microsoft Teams.

Hailing from the Philippines’ Aboitiz techglomerate and headquartered in Singapore, ADI offers data science and AI products and capabilities tailored for the financial services, industrials, and public sectors. AVA AI is the latest in ADI’s product lineup, which encompasses Alternative Scoring, Transaction Monitoring, Customer Intelligence, AI for Climate/ESG. Additionally, its capabilities extend to GenAI, and data management & architecture.

To support its mission to make AI work for businesses in diverse sectors across the region, ADI is actively forging strategic partnerships across the industry. ADI had recently teamed up with Cloudera to empower Asia Pacific’s financial services and industrial sectors with GenAI capabilities. The DSAI startup is also an official Amazon Web Services (AWS) partner for Select Tier Services and the Public Sector, boosting its ability to deliver AI-powered solutions.

Aboitiz Data Innovation Aboitiz Group AVA AI Data Science and Artificial Intelligence David R. Hardoon Nicolas Paris
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