Multisys, MyEG Partnership Pushing PHL Digital Transformation
“Multisys is set to elevate the country’s various industries through software solutions, which will drive the growth of the Philippine economy. Having the privilege to enrich the everyday lives of the Filipinos is certainly fulfilling for us.”
Multisys Technologies Corporation CEO/Founder David Almirol, Jr.
By EDD K. USMAN
Twitter: @edd1819, Instagram: @b@bluestar019, Facebook: SDN — Science, Digital & Current Affairs
PARANAQUE CITY (SDN) —Multisys Technologies Corporation (Multisys) and MyEG Philippines (MyEG) are partners. Officially.
The two tech companies formalized this as they signed a Memorandum of Agreement (MOA) on November 18, 2019 at the former’s headquarters in this city in Metro Manila.
Multisys CEO and Founder David Almirol, Jr. and MyEG Chairman Enrique Gonzalez put their partnership into paper as they looked forward to a fruitful venture helping organizations — private and public — in their digital transformation (DX).
Also present to witness the signing included Multisys Executive Vice President Kathlyn Mila; MyEG President Ronald Aquino; and MyEG Chief Advisor Paolo Martel.
Obviously, their joining together comes at the right time; digital transformation in the Philippines continues on a path that still needs more push and a focused direction. Many organizations in the Philippines have joined the digital bandwagon, leveraging software and information technology (IT) services.
Or, else, the indifferent would be left behind to eat competitors’ digital dust.
However, while C-level officials of enterprises and government organizations recognize a strong need to go digital, some are still thinking it over whether to make the journey. One reason for this is fear of the unknown.
What will happen to legacy systems, how much money it would take, how trusted are services offered by software and IT solutions providers? How about the migration to the cloud, is it safe, among other concerns.
As those in the know have pointed out, there is no one-shoe fits all solution, which holds true in the digital world; each solution should be tailored-fit for every organization.
It’s what the partnership between MyEG and Multisys plans to do going forward.
The partners aimed to provide both the private and public sectors with diversified software system solutions.
MyEG, a financial technology (fintech) solutions provider, and Multisys, a leading Filipino software company, seek to empower more companies and government agencies to utilize state-of-the-art technology solutions, software integrations, and other IT services.
The deal offers a more seamless experience to customers using fintech platforms that are activated in Multisys eBusiness and eGovernment platforms.
MyEG, through its partnership with Multisys, will be able to serve Filipinos better through providing convenient software solutions for organizations and institutions.
Aquino expressed optimism on the partnership’s impact in the country.
“We look forward to this synergistic collaboration with Multisys as we continue to expand our reach in the Philippines. This will enable us to offer a wider and more enhanced platform for essential services accessible anywhere at anytime,” Aquino said.
Multisys shared the optimism.
“Multisys is set to elevate the country’s various industries through software solutions, which will drive the growth of the Philippine economy. Having the privilege to enrich the everyday lives of the Filipinos is certainly fulfilling for us,” said Almirol.
“Our partnership with MyEG further strengthens our shared goal to make IT in the Philippines more functional and expansive.”
Partnership sets eyes overseas
Multisys has gained more leverage for the crafting of its software solutions after PLDT got on board with a huge investment.
With the fund infusion, the IT company — backed by PLDT — is launching Smart City and Smart Government projects with various local government units to upgrade their software solutions.
MyEG, on the other hand, has implemented the system integration through LandBank Link Biz e-Payment facility. Part of its plans is to launch more software solutions in the private and public sectors, such as Online Portal System that empowers residents and other customers to access city government services online anytime.
Just recently, PLDT announced its Board’s approval of the investment worth P2.15 billion in Multisys, which amounts to 45.73 percent interest.
The Philippines’ premier telecommunications network company made the investment through its wholly owned subsidiary, PLDT Global Investments Holdings, Inc. (PGIH), which is expected to be completed in December 2019.
Over the past eight years, Almirol, a software programmer-entrepreneur, Multisys has developed several software platforms from which its pool of programmers can create highly scalable, flexible and customizable software solutions tailored to its clients’ requirements.
Some of these software platforms available from Multisys include for payment gateways such as Bayad Center used to pay bills for utilities like power and water, for data center setup and connectivity, for big data handling and analytics, and cyber security.
PLDT Chairman and CEO Manuel V. Pangilinan noted the significance of the investment to the telecoms firm’s expansion of its services offering.
“This investment positions PLDT as a telecoms and digital services provider with core software development capabilities,” said Pangilinan, known also as MVP from his initials.
“With the software savvy of Multisys, PLDT will be able to offer more custom-made solutions to its customers and thus deepens its relationships with them.”
PLDT sees Multisys’ specialized industry solutions complementing the suite solutions of PLDT Enterprise and ePLDT.
On its website, some of the solutions offered by Multisys include BiDA (Big Data Analytics),BIOMAT (Biometrics Capture and Matching Platform), chatbox (Chat in a Box Platform), CiPA (Cyber-Intelligence Platform Analytics), Healthbox (Integrated Healthcare Platform), iPOS (Integrated Point of Sales System), JOBBOX (Job in a Box Platform), among others.
Almirol founded Multisys short of a decade ago and parlayed the company into “a software engineering solutions firm that provides a wide range of cost-effective, and full scale service to tailor-fit and empower businesses. (SDN)