Manila, Philippines – PLDT Enterprise, the B2B arm of the country’s leading ICT and digital services provider recently inked a deal with Senti AI through its innovation arm, PLDT Innovation Laboratory (Innolab).
With PLDT Innolab driven by empowering local startups in the country and curating their solutions to help solve the technology needs of local enterprises, the partnership between the two companies only seemed apt.
“Filipino entrepreneurs are generally conservative when it comes to making investments and growing their businesses and we at PLDT Innolab have made it our mission to dispel this kind of thinking. By partnering with local startups, we want to empower our entrepreneurs to be unafraid in taking risks and developing their novel ideas,” said Head of Core Business Development for PLDT Enterprise Andy Santos.
PLDT FVP & Head of Enterprise Core Business Solutions Jojo Gendrano shared his excitement for the partnership saying, «We at PLDT Enterprise are proud to join in Senti AI’s vision of making AI accessible for businesses of all sizes. By partnering with a strong local AI pioneer, we hope to co-create even more relevant solutions to meet the evolving demands of today’s businesses.
Just last year, the Innovative Startup Act was signed into law, effectively pushing for the creation of job opportunities and advancement of innovation in the country through startups. With the government’s optimism for the dynamic industry, more investors have begun eyeing local startups. Such response couldn’t come at a better time as the Philippines is expecting 6.6% economic growth for 2020.
About PLDT
PLDT is the leading telecommunications and digital services provider in the Philippines. Through its principal business groups – fixed line, wireless and others – PLDT offers a wide range of telecommunications and digital services across the Philippines’ most extensive fiber optic backbone, and fixed line and cellular networks.
PLDT is listed on the Philippine Stock Exchange (PSE:TEL) and its American Depositary Shares are listed on the New York Stock Exchange (NYSE:PHI). PLDT has one of the largest market capitalizations among Philippine-listed companies.
