The Department of Trade and Industry (DTI), together with the UnionBank of the Philippines (UBP) and Global Learning Solutions (GLS), on Monday signed a memorandum of understanding (MoU) to strengthen collaboration and cooperation on digital transformation.
DTI puts science, technology and innovation at the heart of the country’s industrial policy to grow and develop globally competitive and innovative industries, and achieve sustainable, inclusive and resilient industrial transformation.
The agreement requires that the DTI, UBP and GLS will work together to support the establishment and operation of the Center for Artificial Intelligence Research (CAIR) and the Industry 4.0 Pilot Factory (I4PF). CAIR is among DTI’s initiatives to make the Philippines an AI Center of Excellence and will be instrumental in boosting AI’s contribution to the economy. With the support of private sector partners, the center will serve as a hub where data scientists and researchers can perform collaborative AI R&D. Complementary to the CAIR, the I4PF will host pilot, demonstration and learning laboratories for relevant technologies. These include robotics, intelligent manufacturing and cyber-physical systems.
The collaboration also aims to create a strong start-up ecosystem and enable enterprises as they pursue digital transformation. It will also open the expansion of e-commerce, especially for SMEs across the different regions in the country and encourages collaboration with industry associations, other government agencies, start-ups, the academe and other relevant stakeholders to promote R&D, innovation and entrepreneurship.
With additional Report: The Manila Times, Eireene Jairee Gomez