February 22, 2018, 3:29 pm
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1 Philippine Peso = 0.07045 UAE Dirham
1 Philippine Peso = 2.04297 Albanian Lek
1 Philippine Peso = 0.03415 Neth Antilles Guilder
1 Philippine Peso = 0.38059 Argentine Peso
1 Philippine Peso = 0.02443 Australian Dollar
1 Philippine Peso = 0.03415 Aruba Florin
1 Philippine Peso = 0.03837 Barbados Dollar
1 Philippine Peso = 1.59409 Bangladesh Taka
1 Philippine Peso = 0.0304 Bulgarian Lev
1 Philippine Peso = 0.00723 Bahraini Dinar
1 Philippine Peso = 33.58872 Burundi Franc
1 Philippine Peso = 0.01918 Bermuda Dollar
1 Philippine Peso = 0.02533 Brunei Dollar
1 Philippine Peso = 0.13159 Bolivian Boliviano
1 Philippine Peso = 0.06235 Brazilian Real
1 Philippine Peso = 0.01918 Bahamian Dollar
1 Philippine Peso = 1.2325 Bhutan Ngultrum
1 Philippine Peso = 0.18295 Botswana Pula
1 Philippine Peso = 384.03989 Belarus Ruble
1 Philippine Peso = 0.03832 Belize Dollar
1 Philippine Peso = 0.02429 Canadian Dollar
1 Philippine Peso = 0.018 Swiss Franc
1 Philippine Peso = 11.42605 Chilean Peso
1 Philippine Peso = 0.12152 Chinese Yuan
1 Philippine Peso = 54.88202 Colombian Peso
1 Philippine Peso = 10.87186 Costa Rica Colon
1 Philippine Peso = 0.01918 Cuban Peso
1 Philippine Peso = 1.71801 Cape Verde Escudo
1 Philippine Peso = 0.39493 Czech Koruna
1 Philippine Peso = 3.3921 Djibouti Franc
1 Philippine Peso = 0.11601 Danish Krone
1 Philippine Peso = 0.94226 Dominican Peso
1 Philippine Peso = 2.17652 Algerian Dinar
1 Philippine Peso = 0.24369 Estonian Kroon
1 Philippine Peso = 0.33858 Egyptian Pound
1 Philippine Peso = 0.52177 Ethiopian Birr
1 Philippine Peso = 0.01557 Euro
1 Philippine Peso = 0.03825 Fiji Dollar
1 Philippine Peso = 0.01371 Falkland Islands Pound
1 Philippine Peso = 0.01377 British Pound
1 Philippine Peso = 0.08533 Ghanaian Cedi
1 Philippine Peso = 0.89967 Gambian Dalasi
1 Philippine Peso = 172.74122 Guinea Franc
1 Philippine Peso = 0.14073 Guatemala Quetzal
1 Philippine Peso = 3.9296 Guyana Dollar
1 Philippine Peso = 0.15011 Hong Kong Dollar
1 Philippine Peso = 0.45024 Honduras Lempira
1 Philippine Peso = 0.11584 Croatian Kuna
1 Philippine Peso = 1.216 Haiti Gourde
1 Philippine Peso = 4.85824 Hungarian Forint
1 Philippine Peso = 261.23153 Indonesian Rupiah
1 Philippine Peso = 0.06714 Israeli Shekel
1 Philippine Peso = 1.24329 Indian Rupee
1 Philippine Peso = 22.71245 Iraqi Dinar
1 Philippine Peso = 713.12103 Iran Rial
1 Philippine Peso = 1.9248 Iceland Krona
1 Philippine Peso = 2.40936 Jamaican Dollar
1 Philippine Peso = 0.01359 Jordanian Dinar
1 Philippine Peso = 2.0619 Japanese Yen
1 Philippine Peso = 1.9413 Kenyan Shilling
1 Philippine Peso = 1.3061 Kyrgyzstan Som
1 Philippine Peso = 77.09572 Cambodia Riel
1 Philippine Peso = 7.62709 Comoros Franc
1 Philippine Peso = 17.26453 North Korean Won
1 Philippine Peso = 20.55496 Korean Won
1 Philippine Peso = 0.00575 Kuwaiti Dinar
1 Philippine Peso = 0.01573 Cayman Islands Dollar
1 Philippine Peso = 6.12565 Kazakhstan Tenge
1 Philippine Peso = 158.52676 Lao Kip
1 Philippine Peso = 28.96605 Lebanese Pound
1 Philippine Peso = 2.97621 Sri Lanka Rupee
1 Philippine Peso = 2.45904 Liberian Dollar
1 Philippine Peso = 0.22463 Lesotho Loti
1 Philippine Peso = 0.05848 Lithuanian Lita
1 Philippine Peso = 0.0119 Latvian Lat
1 Philippine Peso = 0.02544 Libyan Dinar
1 Philippine Peso = 0.17647 Moroccan Dirham
1 Philippine Peso = 0.31853 Moldovan Leu
1 Philippine Peso = 0.95396 Macedonian Denar
1 Philippine Peso = 25.47477 Myanmar Kyat
1 Philippine Peso = 45.90946 Mongolian Tugrik
1 Philippine Peso = 0.15451 Macau Pataca
1 Philippine Peso = 6.71398 Mauritania Ougulya
1 Philippine Peso = 0.62536 Mauritius Rupee
1 Philippine Peso = 0.29868 Maldives Rufiyaa
1 Philippine Peso = 13.76098 Malawi Kwacha
1 Philippine Peso = 0.35911 Mexican Peso
1 Philippine Peso = 0.07494 Malaysian Ringgit
1 Philippine Peso = 0.22327 Namibian Dollar
1 Philippine Peso = 6.88663 Nigerian Naira
1 Philippine Peso = 0.59477 Nicaragua Cordoba
1 Philippine Peso = 0.15035 Norwegian Krone
1 Philippine Peso = 1.98703 Nepalese Rupee
1 Philippine Peso = 0.02611 New Zealand Dollar
1 Philippine Peso = 0.00738 Omani Rial
1 Philippine Peso = 0.01918 Panama Balboa
1 Philippine Peso = 0.06229 Peruvian Nuevo Sol
1 Philippine Peso = 0.0629 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.11989 Pakistani Rupee
1 Philippine Peso = 0.06472 Polish Zloty
1 Philippine Peso = 106.82716 Paraguayan Guarani
1 Philippine Peso = 0.06982 Qatar Rial
1 Philippine Peso = 0.07256 Romanian New Leu
1 Philippine Peso = 1.0862 Russian Rouble
1 Philippine Peso = 16.12737 Rwanda Franc
1 Philippine Peso = 0.07193 Saudi Arabian Riyal
1 Philippine Peso = 0.14866 Solomon Islands Dollar
1 Philippine Peso = 0.2582 Seychelles Rupee
1 Philippine Peso = 0.34501 Sudanese Pound
1 Philippine Peso = 0.15536 Swedish Krona
1 Philippine Peso = 0.02534 Singapore Dollar
1 Philippine Peso = 0.01372 St Helena Pound
1 Philippine Peso = 0.42597 Slovak Koruna
1 Philippine Peso = 146.36485 Sierra Leone Leone
1 Philippine Peso = 10.78074 Somali Shilling
1 Philippine Peso = 381.75523 Sao Tome Dobra
1 Philippine Peso = 0.16785 El Salvador Colon
1 Philippine Peso = 9.87876 Syrian Pound
1 Philippine Peso = 0.22325 Swaziland Lilageni
1 Philippine Peso = 0.60368 Thai Baht
1 Philippine Peso = 0.04586 Tunisian Dinar
1 Philippine Peso = 0.0428 Tongan paʻanga
1 Philippine Peso = 0.07262 Turkish Lira
1 Philippine Peso = 0.12717 Trinidad Tobago Dollar
1 Philippine Peso = 0.55966 Taiwan Dollar
1 Philippine Peso = 43.06541 Tanzanian Shilling
1 Philippine Peso = 0.51746 Ukraine Hryvnia
1 Philippine Peso = 69.67197 Ugandan Shilling
1 Philippine Peso = 0.01918 United States Dollar
1 Philippine Peso = 0.54556 Uruguayan New Peso
1 Philippine Peso = 156.62766 Uzbekistan Sum
1 Philippine Peso = 478.3426 Venezuelan Bolivar
1 Philippine Peso = 435.71839 Vietnam Dong
1 Philippine Peso = 1.98465 Vanuatu Vatu
1 Philippine Peso = 0.04817 Samoa Tala
1 Philippine Peso = 10.20986 CFA Franc (BEAC)
1 Philippine Peso = 0.05179 East Caribbean Dollar
1 Philippine Peso = 10.20986 CFA Franc (BCEAO)
1 Philippine Peso = 1.85248 Pacific Franc
1 Philippine Peso = 4.79474 Yemen Riyal
1 Philippine Peso = 0.22325 South African Rand
1 Philippine Peso = 99.5492 Zambian Kwacha
1 Philippine Peso = 6.94226 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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