IBPAP upbeat despite global uncertainties

The country's information technology-business process management (IT-BPM) industry remains upbeat despite the possible impact of external policies and global economic uncertainties due to the reelection of US president Donald Trump.

- By LOUELLA DESIDERIO

In a statement yesterday, the IT and Business Process Association of the Philippines (IBPAP) said the country has established itself as one of the most resilient outsourcing destinations, with the country's IT-BPM sector able to adapt to changing geopolitical landscapes, while maintaining its position as a preferred partner for global enterprises.

IBPAP attributes this to the focus on talent development to meet rapidly changing requirements, through upskilling, partnerships and training in high-demand fields like artificial intelligence and data analytics.

"The Philippine IT-BPM industry is built on the foundation of Filipino resilience and excellence," IBPAP president and CEO Jack Madrid said.