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IPVG Corp. expects to generate higher revenues in the second half on
the back of higher consumer expenditure and contributions from its
business process outsourcing (BPO) ventures.
Enrique Gonzales, IPVG president, said the
company expects to hit P3.3 billion in revenues this year from P923
million last year.
The information and communications company
posted a 430 percent year-on-year increase in revenues to P828
million in the first quarter of the year from P156 million in the
same period last year, as it executed a global BPO expansion during
the period involving IP-Contact Center Outsourcing and Influent.
IPVG has key points of BPO presence in 8
countries, namely the Philippines, Singapore, Hong Kong, Vietnam,
India, Panama, United Kingdom and the US.
“We expect the growth curve in the next two
years,” he said on the sidelines of the Asian Institute of
Management’s Entrepreneurship Forum.
He said about 50 percent of IPVG’s revenues
come from its BPO business.
IPVG’s business model is focused on IP-based
service industries such as communications, games and BPO.
In March, IPVG acquired a 70-percent stake in
Influent, a US-based call center operator with offshore sites in
Panama and the Philippines. This follows the acquisition of another
US operator called Global Stride in 2005.
IPVG’s BPO business has a combined capacity of
2,000 seats.
“I think we’re going to have a strong year
and going to deliver very good numbers for our shareholders this
year. We’ll generate more net income this year,” Gonzales said.
The company also expects to generate
significant revenues from online games partnerships following its
establishment of a joint-venture with GMA New Media, Inc., the
digital media arm of GMA Network, Inc.
-- Maricel E. Burgonio
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