Source:
https://scmp.com/presented/business/topics/hkust-biz-school-magazine/article/3032480/ahead-curve
Business

Ahead of the Curve

Axon Technology helps banks and insurance firms in China evaluate the creditworthiness of customers by using AI and big data. Its founder RAO Xiang, an IT expert and an HKUST EMBA alumnus, talks about his entrepreneurial journey and how he harnesses technologies.

“An open-minded attitude is essential for both learning and leadership.” Rao Xiang, Founder and CEO of Axon Technology, HKUST EMBA

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When he was still a PhD student, Rao Xiang founded Axon Technology, a company that applied data engineering and machine learning into the field of telecommunications back in 2003 – a time before ‘big data’ had been coined as a term. Always ahead of the trends, Rao helped banks and insurance firms in China evaluate the creditworthiness of tens of millions of potential customers, before fintech became recognized as a solution for inclusive finance.