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Information technology companies in the Philippines see Japan as a
strategic market for IT outsourcing amid an expected slowdown in the
US economy.
The Japan market, which has been experiencing
rapid growth since 1990, is projected to be worth 2.3 trillion yen
this year. By 2010, the market is expected to reach 5.5 trillion
yen, or $48 billion. Japan is the second largest market for the
country’s IT service industry.
Next month, Philippine companies will
participate in the 17th Software Development Expo and Conference (SODEC)
at the Tokyo Big Sight.
These companies include, Advanced World Systems
Inc., Alliance Software, Inc., Astra (Philippines) Inc., Ayala
Systems Technology Inc., Imperium Technology, Inc., N-PAX Cebu
Corp.; Tsukiden Software Philippines Group; and WeServe Systems
International Inc.
SODEC is recognized as one of the most important
trade exhibitions for software development engineers and designers
in Japan. This year, it will feature 1,800 exhibitors and is
expected to generate some 125, 000 trade visitors.
Many Japanese companies have contracted
Philippine IT firms for critical IT solutions like ATM system
management and other banking and finance functions.
-- Katrina Mennen A. Valdez
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