I attended two workshops recently (well the latter one was more of a social forum) and learned a great deal of stuff.
At the "Cracking the German Market" seminar, I found out that:
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Our thoughts and opinions on software development and technology. Sometimes, you'll read stories about what it's like at work here at Exist.
Exist is currently employing 171 business and technology professionals, from about a hundred at the start of 2011. The company's revenue grew by 52% from the previous year (2010); revenue per geo has risen notably in areas such as the US and Australia. While Philippine-based enterprises from the telco and healthcare markets have strengthened their partnership with Exist, the company's global presence has had its share of limelight in events such as HK ICT, CommunicAsia, CeBIT Australia, SODEC Japan, and strategic healthcare IT forums around the world.
I had wished for an updated report for 2011, to see how the industry has fared so far, given the ambitious goal 1.5B revenue in 2013. Now, I am again reminded that the industry isn't supposed to move as one big godzilla. Read below and let's discuss.
Despite the global economic crunch in 2008, the local software development industry was able to post a 27.60% growth rate in both export revenue and employment by the end of 2010, as reported by services and investment advisory group Tholons.
Our founders Winston Damarillo, Willex Perez and Junnie Arreza made a blood compact in Bohol two decades ago. They pledged to build a company, which was realized on 10 September 2001. Now it's our 10th year anniversary and we express our utmost gratitude to them.
I've been hearing about "innovation mindset" for the past 5 years. The economic downturn definitely caused its upturn. BUT isn't man innovative by default, and that sometimes he's just being complacent or apathetic ... I couldn't quite place the word.
As you will reference from my previous post, I had a chance to witness the 2011 Cebu ICT & BPO Conference, where Cebu's Outsourcing Roadmap was discussed.
I have a transcription of the presentation of Comm. Mon Ibrahim about the Philippine Digital Stratgegy (launched yesterday) and would like to share it here:
Witnessed the discussion on Cebu's outsourcing roadmap yesterday at Radisson Blu Hotel and here are the highlights of the event (please click on PLAY button and then view in full screen, click on SHOW INFO to read the image caption):
CeBIT Australia 2011, Australia's largest business technology event, kicks off tomorrow at Sydney Convention & Exhibition Centre, Darling Harbour Sydney.
Here's a list of things you might want to check out while you're there:
The 15th Cebu Business Month (CBM 2011) was launched a couple of days ago, bearing the theme: Going Beyond Boundaries.
Event committee chairman Virgilio Espeleta mentions that: this year's CBM is all about engaging more business players to advocate and craft continuing and sustainable economically-inducing activities that will enable Cebu businesses to maximize their potential.
The opportunities for outsourcing in the Philippines are promising. “It is estimated that the total outsourcing market globally will grow to about $250 billion in 2016 from about $125 billion in 2011. IT Outsourcing (ITO) sector is projected to grow from about $80 billion today to about $140 billion in 2016."
