Page 50 - Forbes - Asia (June 2018)

GLOBAL 2OOO
FORBES ASIA
GENERAL GROWTH PROPERTIES US 1050 T
GENERAL INS CORP OF INDIA IN 1624 O PING AN INSURANCE
GENERAL MILLS US 499 T
GENERAL MOTORS US 439 T
GENERALI IT 136 S
GENTING MA 1811 T
GENUINE PARTS US 928 T
GENWORTH FINANCIAL US 904 S financial institution in the world has this: 436 (three times more at risk) as opposed to a
GEORGE WESTON CA 718 T
GF SECURITIES CN 787 T million internet users, 166 million financial modern ventilation system.
GFNORTE MX 548 S
GILEAD SCIENCES US 197 T services customers. Much of the group’s technology is home-
GIVAUDAN SZ 1199 S
GJENSIDIGE FORSIKRING NO 1653 T What’s behind Ping An’s transformation grown. How have you managed to pool tal-
GKN UK 1064 S
GLAXOSMITHKLINE UK 226 T into a technology-based insurance group? ent, the right strategy and execution? Do
GLENCORE INTERNATIONAL SZ 64 S
GLOBAL PAYMENTS US 1387 S How did it get started? you have an incubation center in Shanghai?
GOLDCORP CA 1274 S
GOLDMAN SACHS US 60 T Five years ago we already had our own pro- We no longer have an incubation center. We
GOODMAN AU 1587 T
GOODYEAR US 1434 T prietary facial recognition team; four years ago have top-down and bottom-up approaches.
GPT (DIVERSIFIED FINANCIAL) AU 1910 T
GRAND INDUSTRIAL CN 1828 O we started working on voiceprint. Whatever The top-down is at the beginning to identify
GRASIM INDUSTRIES IN 1076 S
GREAT EAGLE HK 1546 O the language, Spanish or Sichuanese, as long as where we want to be. Then we set up a com-
GREAT WALL MOTOR CN 803 T
GREE ELECTRIC APPLIANCES CN 294 S we have 20 seconds of your voice, we can trans- pany. The bottom-up is the management team
GREENLAND HOLDINGS CN 341 T
GREENTOWN CHINA CN 1547 S late it into a mathematical matrix as unique as tasked to get the business of the ground. We
GRIFOLS SP 1122 S
GROUP 1 AUTOMOTIVE US 1976 T your thumbprint. Our brain can only remember close down underperforming companies.
GRUPA PZU PL 770 S
GRUPO ACS SP 532 T the voices of about 150 people. Our system can We can bring a lot to auto insurance—we
GRUPO AVAL CO 774 T
GRUPO BIMBO MX 1345 T recognize unique voices of 100,000 people. are China’s second-largest auto insurer and its
GRUPO BOLIVAR CO 1720 T
GRUPO DE INVERSIONES In the last three years, our system has largest auto-dealer financier and the largest in
SURAMERICANA CO 1674 T
GRUPO GALICIA AR 1785 S been trained to recognize micro-expressions, car financing. We bought New York-listed Au-
GRUPO INBURSA MX 1073 T
GRUPO MEXICO MX 581 S the tiniest movement of our eye muscles and tohome two years ago, the only business we did
GRUPO TELEVISA MX 1695 T
GRUPO ZULIANO VZ 1914 T around the lips, within milliseconds. We use not build from scratch. We turned it into a car
GS ENGINEERING KO 1819 S
GS HOLDINGS (CONGLOMERATE) KO 1032 S this in our real-life loan interview done on the portal from an advertisement media company,
GUANGDONG INVESTMENT HK 1597 S
GUANGD WENS FOODSTUFFS CN 973 T mobile app by our credit assessors who ask increasing its size by 3.5 times in two years.
GUANGZHOU AUTO CN 691 S
GUANGZHOU R&F CN 725 S random questions just to see if a borrower is In smart cities, we worked in Shenzhen to
GUANGZHOU RURAL
COMMERCIAL BANK CN 1092 O lying—more than 80% positive prediction rate. ease traic congestion. Last year traic jams
GUDANG GARAM ID 1494 T
GUNMA BANK JA 1620 T As a financial services
GUOCO HK 1608 S
GUOSEN SECURITIES CN 1042 T and healthcare provider,
GUOTAI JUNAN SECURITIES CN 696 T
H LUNDBECK DE 1890 O we need to verify who “OUR INVESTIGATORS WOULD
H&M SW 583 T the customers are when
HACHIJUNI BANK JA 1590 S
HAINAN AIRLINES CN 1108 S everything is done on the ARRIVE AT THE ACCIDENT WITHIN
HAITONG SECURITIES CN 730 T
HAKUHODO DY (MEDIA) JA 1961 T mobile. The MIT com-
HAL TRUST MC 1024 T FIVE TO TEN MINUTES 90% OF
HALKBANK TU 873 S puter science-artificial
HALLIBURTON US 743 T
HALYK BANK KZ 1595 O intelligence lab dedicated THE TIME, EVEN FASTER THAN AN
HANA FINANCIAL KO 436 S
HANG LUNG HK 1501 T a professor to work on a AMBULANCE OR POLICE.”
HANKYU HANSHIN JA 1115 T
HANWA JA 1760 S project with us over the
HANWHA KO 851 T
HANWHA CHEMICAL KO 1420 T past four years.
HARBIN BANK CN 1154 T
HAREL INS INV & FIN SERVICES IS 1821 O How do you pick businesses to focus on? during the Golden Week lasted 21.7 hours.
HARRIS US 1191 T
HARTFORD FIN SERVICES US 656 T A big problem in China is the lack of aford- This year it was zero, after the Shenzhen traf-
HASEKO JA 1647 S
HCA US 275 T able, good-quality primary care, very diferent fic police used our technology for congestion
HCL TECHNOLOGIES IN 936 S
HCP US 1988 T from Taiwan, Hong Kong or Singapore, where management.
HDFC IN 321 S
HDFC BANK IN 202 S one can just walk into a medical center to see You have a core competence in handling
HEIDELBERGCEMENT GE 496 T
HEILAN HOME CN 1938 O a doctor. city traic?
HEINEKEN NE 390 T
HELLA KGAA HUECK GE 1803 S O ine, we built a technology platform that Our insurance claims ratio is the lowest
HELLENIC PETROLEUM GR 1736 S
HELVETIA SZ 1095 T set standards for outside clinics—65,000 of in the industry, helped by our AI capabilities
HENDERSON LAND HK 607 S
HENGAN INTL CN 1755 T them now—to standardize customer records, covering 360 Chinese cities. In a car accident
HENGLI PETROCHEMICAL CN 1833 T
HENKEL GE 293 T set pharmacy and medication and procure- in China, drivers—a lot of them first-time
HENRY SCHEIN US 1275 T
HERMÈS INTERNATIONAL FR 844 T ment standards, with links to social security. drivers—have to stay there for traic police to
HERO MOTOCORP IN 1583 S
HERSHEY US 995 T In the city of Chongqing, where over handle the liability allocation.
HERTZ GLOBAL US 1519 T
HESS US 1238 T 60% of people are likely to contract chronic Our investigators would arrive at the site
HESTEEL CN 1212 T
HEWLETT PACKARD ENTERPRISE US 316 T inflammatory lung disease, with the ministry within five to ten minutes 90% of the time,
HEXAGON SW 1255 S
HIKVISION CN 835 S of health’s in-depth study of health records even faster than an ambulance or police—no
HILTON US 775 T
HINDALCO INDUSTRIES IN 1186 T we built an AI-powered system to predict the small feat and only possible with technology.
HINDUSTAN PETROLEUM IN 951 T
HIROSHIMA BANK JA 1601 T likelihood of a person of getting this disease Our AI capabilities can predict where acci-
HITACHI JA 149 S
HNA TECHNOLOGY CN 1231 T based on records, including home-life condi- dents are likely. We analyze the past 20 years
HOKKAIDO ELECTRIC POWER JA 1917 T
HOKKOKU BANK JA 1795 S tions, such as a house with an open chimney of auto claims for what the likelihood of
HOKUHOKU FINANCIAL JA 1543 T
S UP T DOWN
O UNCHANGED O NEW
ASIAN COMPANIES ARE IN RED TYPE 48 | FORBES ASIA JUNE 2018