The Department of Information and Communications Technology (DICT) fully supports the Philippine IT and Business Process Management (IT-BPM) sector through its various initiatives to establish a nurturing ecosystem for innovative development.
“Your DICT stands in full support of the IT-BPM industry through the implementation of our various initiatives designed to assist the innovative sector thrive in the global digital economy,” DICT Secretary Gregorio “Gringo” B. Honasan II said.
The DICT’s Digital Cities 2025 Program aims to develop the potential of the IT-BPM sector as an engine of growth to bridge the progress gap in the countryside and strengthen local economies.
Previously termed Next Wave Cities, the Digital Cities 2025 program aims to strengthen the industry-readiness of new centers by creating and developing ICT hubs in identified locations. The program is being implemented in cooperation with the Information Technology and Business Process Association of the Philippines (IBPAP) and Leechiu Property Consultants (LPC).
“With the Digital Cities 2025 Program, we invest in the identified cities and provide all the necessary institutional development activities to prepare them for the demands of the global digital economy. We are helping these cities grow into established ICT business hubs outside the Metro,” Secretary Honasan explained.
“Through a collaborative approach with our partners, Local Government Units, our Regional Clusters and ICT Councils, we shall develop these areas as focal points for the revitalization of the country’s economy, and for sustained growth in the long-term,” he added.
To intensify these efforts further, the DICT also engaged IT-BPM Industry Ambassadors earlier this year to serve as resource speakers in various events and awareness fairs, sharing their professional expertise as part of an industry marketing campaign, assisting in content creation to promote Filipino talent, and working alongside the DICT and IBPAP to implement related initiatives.
The IT-BPM posted remarkable employment and revenue growth for 2020 despite the challenges brought by the ongoing COVID-19 pandemic.
IBPAP reported a growth of 1.8% compared to 2019 and revenue of $26.7 billion in 2020, amounting to a 1.4% increase from 2019.
Additionally, the IT-BPM sector also recorded an increase in the number of full-time employees in the sector by 23,000, bringing the total to 1.32 million employees in 2020.