REAL estate developers and telecommunications companies have pledged to support the Roadmap 2022 of the Information Technology and Business Process Association of the Philippines (IBPAP).
Roadmap 2022 is a comprehensive six-year developmentplan to chart the growth course of the industry, as the country’s thriving information technology and business process management (IT-BPM) sector continues to grow and more countries express interest in the Philippines as a solid investment destination.
“With the advent of digital, IT-BPM is creating more opportunities in the areas of mid- to high-complex work, analytics, intelligent automation, and new models of service delivery. With our scale and mature foundation of IT-BPM experience, the domain expertise we have developed, and our deep pool of highly educated, adaptive, young workforce, we have the opportunity to continue to gain market share and move up the value chain as IT-BPM services further evolve with disruptive technology,” IBPAP Chairman of the Board Dan Reyes, said in a statement on Tuesday.
“Realizing this opportunity, however, requires creating the right ecosystem through collaborative partnerships that will facilitate our journey to moving up the value chain.”
Industry enablers and IBPAP’s property and telecommunications partners Ayala Land, Double Dragon Properties, Federal Land, Filinvest, Globe Telecom, Leechiu Property Consultants, Megaworld, PLDT, Profriends, Robinsons Land and SM Prime Holdings joined the Roadmap initiative and maintained their commitment to support the growth of the sector by continuously aligning with IT-BPM companies’ needs and ICT demands as they continue to expand into areas outside Metro Manila, transforming previously untapped and undeveloped localities into bustling IT-BPM hubs.
The property and communications sectors are preparing for the exponential growth the Philippines is expecting as, according to research partner Frost & Sullivan’s preliminary findings, the industry is expected to grow by up to more than 700,000 seats in the next five to six years.
“All these years, our roadmap partners have been our strong allies in building the industry through connectivity and building robust, world class 24/7 communities that IT-BPM companies need. They continue to play a crucial role as the 1.2 million strong industry charts its course over the next six years,” said Benedict Hernandez, chairman of IBPAP’s Executive Committee.
“The new roadmap will show how all industry stakeholders can work as one, our sights focused on a single goal – which is to create an enabling ecosystem that will nurture the needs of the industry in the areas of education, business environment, and country-wide development,” Reyes added.