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- With 32.5 billion dollars in export revenue last year and a projected 35 for the current one, the Philippines’ IT-BPM sector today contributes an astonishing 8% to the nation’s GDP.
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Mar 3, 2023 · MANILA, Philippines — The IT and Business Process Management (IT-BPM) sector saw an increase of 8.4% or 121,000 full-time employees (FTEs) in the Philippines in 2022, with 1.57 million in total headcount. The industry also saw a growth of 10.3% in revenues to reach a total of $32.5 billion in 2022, surpassing the 2021 earnings of 29.5 billion.
- Dennis Gutierrez
Sep 29, 2022 · MANILA, Philippines — Annual revenues of the country’s information technology and business process management (IT-BPM) sector are expected to nearly double by 2028, according to the IT and...
- Catherine Talavera
Nov 29, 2022 · THE IT and Business Process Association of the Philippines (IBPAP) said the IT and Business Process Management (IT-BPM) industry is expected to contribute nearly $32 billion worth of revenue to the Philippine economy in 2022, a sum that it said will surpass the industry’s 8-percent contribution to the country’s gross…
Sep 27, 2023 · Based on its released preliminary data, the IT-BPM sector surged by 8.7 percent in headcount, reaching a total of 1.7 million full-time employees (FTEs) from last year’s 1.57 million employees. IBPAP said that it is on track towards generating an additional $29.5 billion and creating 1.1 million new jobs by 2028.
Sep 28, 2022 · Based on the roadmap, with an estimated growth rate of 8.5 percent, the Philippine IT-BPM industry is expected to create up to 1.1 million direct jobs in the next six years, 54 percent of which will be in the countryside.
According to the IT and Business Process Association of the Philippines (IBPAP), the IT-BPM industry is on track to hit its target of P2 trillion ($35.4 billion) by the end of 2023. How Big is the IT-BPM Industry?
Jan 11, 2023 · In 2021, IT-BPM full-time employees in the country increased by 120,000, bringing the sector’s total employment to 1.44 million —a growth of 9.1% compared to 2020. The IT-BPM industry also contributed to job generation in the countryside through the increasing popularity of remote work.
