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IT-BPM bullish on jobs, revenue growth
Manila Bulletin
|April 30, 2025
A leading group of information technology and business process management (IT-BPM) firms anticipates that the industry’s revenues will rise to $40 billion this year, driven by strong demand for the service sector despite recent economic upheavals.
IT and Business Process Association of the Philippines (IBPAP) President and Chief Executive Officer (CEO) Jack Madrid said the industry will reach the revenue level by the end of 2025, five-percent higher than the $38 billion it generated last year.
At the same time, he said the industry is expected to pass the two-million mark in terms of employment “within 12 to 18 months.”
Madrid said the population milestone is their “baseline target,” but he said reaching the “aggressive target” is his ultimate goal for the industry.
यह कहानी Manila Bulletin के April 30, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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