December 14, 2017, 6:26 am
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1 Philippine Peso = 0.07286 UAE Dirham
1 Philippine Peso = 2.2371 Albanian Lek
1 Philippine Peso = 0.03532 Neth Antilles Guilder
1 Philippine Peso = 0.34185 Argentine Peso
1 Philippine Peso = 0.02619 Australian Dollar
1 Philippine Peso = 0.03532 Aruba Florin
1 Philippine Peso = 0.03968 Barbados Dollar
1 Philippine Peso = 1.64127 Bangladesh Taka
1 Philippine Peso = 0.0329 Bulgarian Lev
1 Philippine Peso = 0.00748 Bahraini Dinar
1 Philippine Peso = 34.73174 Burundi Franc
1 Philippine Peso = 0.01984 Bermuda Dollar
1 Philippine Peso = 0.0268 Brunei Dollar
1 Philippine Peso = 0.13611 Bolivian Boliviano
1 Philippine Peso = 0.06556 Brazilian Real
1 Philippine Peso = 0.01984 Bahamian Dollar
1 Philippine Peso = 1.27679 Bhutan Ngultrum
1 Philippine Peso = 0.20509 Botswana Pula
1 Philippine Peso = 397.22221 Belarus Ruble
1 Philippine Peso = 0.03964 Belize Dollar
1 Philippine Peso = 0.02545 Canadian Dollar
1 Philippine Peso = 0.01965 Swiss Franc
1 Philippine Peso = 13.01091 Chilean Peso
1 Philippine Peso = 0.13129 Chinese Yuan
1 Philippine Peso = 59.76786 Colombian Peso
1 Philippine Peso = 11.15079 Costa Rica Colon
1 Philippine Peso = 0.01984 Cuban Peso
1 Philippine Peso = 1.85774 Cape Verde Escudo
1 Philippine Peso = 0.43159 Czech Koruna
1 Philippine Peso = 3.50853 Djibouti Franc
1 Philippine Peso = 0.12539 Danish Krone
1 Philippine Peso = 0.95833 Dominican Peso
1 Philippine Peso = 2.2829 Algerian Dinar
1 Philippine Peso = 0.26354 Estonian Kroon
1 Philippine Peso = 0.35337 Egyptian Pound
1 Philippine Peso = 0.53936 Ethiopian Birr
1 Philippine Peso = 0.01684 Euro
1 Philippine Peso = 0.04169 Fiji Dollar
1 Philippine Peso = 0.01486 Falkland Islands Pound
1 Philippine Peso = 0.01487 British Pound
1 Philippine Peso = 0.08926 Ghanaian Cedi
1 Philippine Peso = 0.93552 Gambian Dalasi
1 Philippine Peso = 178.63095 Guinea Franc
1 Philippine Peso = 0.14558 Guatemala Quetzal
1 Philippine Peso = 4.02202 Guyana Dollar
1 Philippine Peso = 0.1549 Hong Kong Dollar
1 Philippine Peso = 0.46552 Honduras Lempira
1 Philippine Peso = 0.12694 Croatian Kuna
1 Philippine Peso = 1.24167 Haiti Gourde
1 Philippine Peso = 5.29563 Hungarian Forint
1 Philippine Peso = 269.1865 Indonesian Rupiah
1 Philippine Peso = 0.07009 Israeli Shekel
1 Philippine Peso = 1.27806 Indian Rupee
1 Philippine Peso = 23.49306 Iraqi Dinar
1 Philippine Peso = 705.13886 Iran Rial
1 Philippine Peso = 2.06944 Iceland Krona
1 Philippine Peso = 2.47282 Jamaican Dollar
1 Philippine Peso = 0.01405 Jordanian Dinar
1 Philippine Peso = 2.25091 Japanese Yen
1 Philippine Peso = 2.04067 Kenyan Shilling
1 Philippine Peso = 1.38333 Kyrgyzstan Som
1 Philippine Peso = 79.98016 Cambodia Riel
1 Philippine Peso = 8.15476 Comoros Franc
1 Philippine Peso = 17.85714 North Korean Won
1 Philippine Peso = 21.5879 Korean Won
1 Philippine Peso = 0.00599 Kuwaiti Dinar
1 Philippine Peso = 0.01627 Cayman Islands Dollar
1 Philippine Peso = 6.64028 Kazakhstan Tenge
1 Philippine Peso = 164.68253 Lao Kip
1 Philippine Peso = 29.98016 Lebanese Pound
1 Philippine Peso = 3.0371 Sri Lanka Rupee
1 Philippine Peso = 2.48373 Liberian Dollar
1 Philippine Peso = 0.26984 Lesotho Loti
1 Philippine Peso = 0.06049 Lithuanian Lita
1 Philippine Peso = 0.01231 Latvian Lat
1 Philippine Peso = 0.02708 Libyan Dinar
1 Philippine Peso = 0.18758 Moroccan Dirham
1 Philippine Peso = 0.34038 Moldovan Leu
1 Philippine Peso = 1.03175 Macedonian Denar
1 Philippine Peso = 27.00397 Myanmar Kyat
1 Philippine Peso = 48.25754 Mongolian Tugrik
1 Philippine Peso = 0.15954 Macau Pataca
1 Philippine Peso = 6.97619 Mauritania Ougulya
1 Philippine Peso = 0.67083 Mauritius Rupee
1 Philippine Peso = 0.30893 Maldives Rufiyaa
1 Philippine Peso = 14.20853 Malawi Kwacha
1 Philippine Peso = 0.37825 Mexican Peso
1 Philippine Peso = 0.08082 Malaysian Ringgit
1 Philippine Peso = 0.26978 Namibian Dollar
1 Philippine Peso = 7.06349 Nigerian Naira
1 Philippine Peso = 0.60937 Nicaragua Cordoba
1 Philippine Peso = 0.16524 Norwegian Krone
1 Philippine Peso = 2.0454 Nepalese Rupee
1 Philippine Peso = 0.02854 New Zealand Dollar
1 Philippine Peso = 0.00763 Omani Rial
1 Philippine Peso = 0.01984 Panama Balboa
1 Philippine Peso = 0.06416 Peruvian Nuevo Sol
1 Philippine Peso = 0.06375 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.16171 Pakistani Rupee
1 Philippine Peso = 0.07086 Polish Zloty
1 Philippine Peso = 111.49603 Paraguayan Guarani
1 Philippine Peso = 0.07223 Qatar Rial
1 Philippine Peso = 0.07805 Romanian New Leu
1 Philippine Peso = 1.16704 Russian Rouble
1 Philippine Peso = 16.57698 Rwanda Franc
1 Philippine Peso = 0.0744 Saudi Arabian Riyal
1 Philippine Peso = 0.15376 Solomon Islands Dollar
1 Philippine Peso = 0.26488 Seychelles Rupee
1 Philippine Peso = 0.13228 Sudanese Pound
1 Philippine Peso = 0.16689 Swedish Krona
1 Philippine Peso = 0.02681 Singapore Dollar
1 Philippine Peso = 0.01487 St Helena Pound
1 Philippine Peso = 0.4406 Slovak Koruna
1 Philippine Peso = 151.38888 Sierra Leone Leone
1 Philippine Peso = 11.05159 Somali Shilling
1 Philippine Peso = 412.7976 Sao Tome Dobra
1 Philippine Peso = 0.17361 El Salvador Colon
1 Philippine Peso = 10.21786 Syrian Pound
1 Philippine Peso = 0.26978 Swaziland Lilageni
1 Philippine Peso = 0.64663 Thai Baht
1 Philippine Peso = 0.0499 Tunisian Dinar
1 Philippine Peso = 0.04555 Tongan paʻanga
1 Philippine Peso = 0.07593 Turkish Lira
1 Philippine Peso = 0.13154 Trinidad Tobago Dollar
1 Philippine Peso = 0.59567 Taiwan Dollar
1 Philippine Peso = 44.30555 Tanzanian Shilling
1 Philippine Peso = 0.53914 Ukraine Hryvnia
1 Philippine Peso = 71.66666 Ugandan Shilling
1 Philippine Peso = 0.01984 United States Dollar
1 Philippine Peso = 0.57401 Uruguayan New Peso
1 Philippine Peso = 160.53571 Uzbekistan Sum
1 Philippine Peso = 0.19792 Venezuelan Bolivar
1 Philippine Peso = 450.57538 Vietnam Dong
1 Philippine Peso = 2.11786 Vanuatu Vatu
1 Philippine Peso = 0.05142 Samoa Tala
1 Philippine Peso = 11.04186 CFA Franc (BEAC)
1 Philippine Peso = 0.05357 East Caribbean Dollar
1 Philippine Peso = 11.51528 CFA Franc (BCEAO)
1 Philippine Peso = 1.99881 Pacific Franc
1 Philippine Peso = 4.95933 Yemen Riyal
1 Philippine Peso = 0.26986 South African Rand
1 Philippine Peso = 102.96627 Zambian Kwacha
1 Philippine Peso = 7.18056 Zimbabwe dollar

Tech start up makes big data relevant with business experience, deep insights

BY LOURDES C. ESCOLANO

TECH start ups are commonly built up by youthful millennials. Cobena, a big data analytics company however is a “tech start up by old people.” 

This description came from Cobena President and CEO Francis del Val, who despite the humor in the moniker accurately referred to the fact that the company was established by seasoned information technology and business practitioners. The combined experiences provides something that no data analytics company can provide with simply by running data through programs and algorithms—deep insights that break down big data that can grow local industries and economy and guide businesses and government.

Established in April of last year, Cobena offers the tools, means, and right counsel, all backed by information gathered from official sources and experts in the field. Of these functions, right counsel is the above ground translation of all this available data which according to del Val can make a big difference into how data is seen.

“We can provide a deeper look into big data, which in turn provides our customers with a way to magnify their own experiences, not just to see in one dimension but in several dimensions with just one look,” del Val said in an interview.

Cobena’s synthesized thought leaders with data scientists and business geeks. The synergy allows enterprises to digitally transform through the power of big data. 

Chief Analytics Officer John Paul Vergara said that sifting and categorizing big data isn’t enough. The strong point of Cobena’s systems finds the patterns through the sea of data and mine new insights from the correlations. 

“Using specific algorithms, we explore data and find ways to make the data useful for the company depending on the need. This includes business predictability, steps up from simple analytics. There is data in new places and with out software we can further enhance enterprise ability to predict its business future,” Vergara explains.

Del Val emphasized how the country’s business environment performing at a 6.9 percent Gross Domestic Product (GDP) is driven by manufacturing, trade, real estate, rental, and business activities for the third quarter of 2017. The country remains among the fastest growing Asian economies today. 

The Cobena chief said the country is poised to sustain a strong momentum given proper access to data that enables businesses and even government to make smarter decisions. 

“Now is the time for enterprises and government to embrace Big Data Analytics. We offer our partners with interpretative, predictive, and actionable analytics to help them take the right steps in growing their businesses and in turn contribute to the country’s positive economic performance,” del Val comments. 

Big data can be made available to anyone who has the ability to consolidate and access it, thus proper utlization also can expand opportunities for any business, private or public. The question is how knowledgeable and experienced are those that you choose to work with.

“Our method of interpreting data into powerful insights starts with asking the right questions and articulating clearly the problem or opportunity that needs to be addressed. From the insights we gather, we then collaborate with our clients and help them come up with innovate solutions that will help them transform their business,” he adds.

Cobena introduces its proprietary flagship service called Gateway, a geospatial analytics system that leverages on location data. Using a growing database with more than 100,000 establishments and over 250 data layers on socioeconomic and environmental collated from official government statistics and published sources, Gateway helps spot potential growth areas—from regions and provinces all the way to municipalities and barangays.  Gateway also helps in the study of economic trends that affect the performance of business and the economy. 

The layers of data can be cross matched and interconnected to provide insights that otherwise cannot be seen. These insights can then be translated by Cobena’s experts into practical opportunities for implementation.

For example, using Gateway, Cobena has found out important economic factors that could benefit the country. First, it has determined that by projecting the growth rate of the Philippine population and comparing it with the population statistics of its neighbors, the Philippines is poised to enter a demographic sweet spot from 2015-2040 where the economically active portion of the population will increase to about two-thirds of the population while the young dependent population will decline from a third to about only 25 per cent of the population during the same period. 

This could mean unprecedented economic expansion for the Philippines with the proper investments being placed in the development of infrastructure and human capital.  Cobena can help point these “sweet spots.”

Economies within the demographic sweet spot have opportunities for increased government investment in infrastructure  and  economic  development  as  a  result  of  a  decrease  in  spending  on  government  services primarily  necessitated  by  dependent  populations,  such  as  basic  education  and  primary  healthcare.  These economies also have opportunities for accelerated economic growth when individuals accumulate savings.

“We are proud to offer Gateway and our other services for the best interest of our partners, may they be private or public institutions. Big Data Analytics is a key tool in making smarter business decisions, engaging stakeholders, and formulating and executing policies that all Filipinos can benefit from, with the potential to significantly contribute to the growth of the Philippine economy,” del Val concludes.
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