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4-Traders Homepage  >  Equities  >  PHILIPPINE STOCK EXCHANGE, INC.  >  Ayala Corporation    AC   PHY0486V1154

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Ayala : bringing in 'digital workforce'

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03/16/2018 | 04:05pm CET

Ayala Corp., the country's oldest conglomerate, is bringing 'digital workforce' to the country through its solutions and services company HCX Technology Partners Inc.

HCX has signed an exclusive partnership with Automation Anywhere Inc., a US-based developer of robotic process automatic (RPA) software.

The agreement will enable HCX to bring to the Philippine market a host of digital workforce services through RPA.

The so-called RPA is the underlying technology that has given rise to digital workforce solutions that enable employees to re-tool and focus on high value skills such as critical thinking and complex problem solving, driving a typical 80 percent increase in employee productivity and zero error rates.

It is dubbed as the application of technology that allows employees in a company to configure computer software or a 'robot' to process transactions and data and trigger responses and communicate these with other digital systems.

It also decreases costs by an estimated 50 percent.

As exclusive Philippine partner, HCX will have access to Automation Anywhere's cutting-edge tools and best practices to ably support its digital-ready customer base, while being the exclusive license reseller and preferred implementation partner.

HCX managing director Ike Amigo said there is an increasing adoption of RPA globally.

Through the partnership, HCX will be able to bring the country to the next level of digital age through its digital workforce transformation solutions and services, Amigo said.

HCX, formerly HRMall Inc., started in 2006 as a shared services company of the Ayala Group responsible for automating and centralizing payroll systems and solutions across the conglomerate.

Now nearing its 12th year, HCX provides human resource technology through emerging technologies, which remove process waste while introducing automation to benefit its customers.

Automation Anywhere, meanwhile, provides RPA platform with built-in cognitive solutions and analytics. Over 930 of the world's largest brands use the platform to manage and scale their business processes faster, with near-zero error rates, while dramatically reducing operational costs.

It has provided the world's best RPA and cognitive technology to leading financial services, healthcare, technology and insurance companies across more than 90 countries for over a decade.

© Pakistan Press International, source Asianet-Pakistan

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Financials ( PHP)
Sales 2018 265 B
EBIT 2018 57 268 M
Net income 2018 32 025 M
Debt 2018 278 B
Yield 2018 0,64%
P/E ratio 2018 17,97
P/E ratio 2019 15,65
EV / Sales 2018 3,19x
EV / Sales 2019 2,90x
Capitalization 569 B
Duration : Period :
Ayala Corporation Technical Analysis Chart | AC | PHY0486V1154 | 4-Traders
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 1 120  PHP
Spread / Average Target 22%
EPS Revisions
Jaime Augusto Zobel de Ayala Executive Chairman & Chief Executive Officer
Fernando Zobel de Ayala Vice Chairman, President & Chief Operating Officer
Jose Teodoro K. Limcaoco CFO, MD, Chief Risk Officer, & Group Head-Finance
Maria Angelica B. Rapadas Chief Information Officer
Delfin Lapus Lazaro Non-Executive Director
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