November 4, 2012, San Francisco — Philippine Trade and Investment Center (PTIC) in Silicon Valley, in partnership with the Philippines’ Department of Trade and Industry, today announced the inception of the US-Philippines Business Support and Information Technology Delivery Council, a consortium with Terranex LLC, Rendition Digital, Exist Global, Ionics, Orange & Bronze, Ayannah, and Innerworks.
These Philippine-homegrown organizations are at the forefront of the software and product development, information technology (IT), business and knowledge process delivery, and electronics manufacturing industries.
PTIC Trade Commissioner Michael Ignacio said that by joining forces, the companies intend to bolster business development initiatives and build more partnerships starting in the San Francisco Bay Area. PTIC has plans to institutionalize the council and also expects to build market presence ultimately in the entire US and Canada.
“We want to foster collaboration and cross-pollination amongst the council members, while enabling competitive differentiation,” said Trade Commissioner Ignacio. “PTIC has screened companies that have demonstrated excellence in the service that they offer. We are thrilled to work as a team to achieve greater growth.”
“There’s no better time than now to launch this,” announced Philippine Consul General Marciano Paynor. “This is a train ride that we should not miss. With the right companies, we can build a microcosm that will drive the Philippines in the limelight of the global economic scene.”
The global offshore software and product development, business process support, and electronic contract manufacturing services markets are expected to hit at least US $1 trillion in 2018. In addition, technology analyst firm Gartner recently predicted that by 2014, IT hiring in major Western markets will come predominantly from Asian-headquartered companies.
Consul General Paynor added, “The council will have the support of the Department of Foreign Affairs, the Department of Trade and Industry and the Department of Tourism, all Philippine government agencies with US Pacific Northwest representation based in the San Francisco Bay Area. We look forward to bringing to work our extensive network and breadth of experience to all of the member companies.”
The US-Philippines Business and Information Technology Delivery Council will have a formal launch on November 13, Tuesday at 447 Sutter Street, 5th Floor Social Hall, San Francisco, CA 94108. Companies interested to learn more about working with these companies are invited to attend the launch and executive briefing, which will feature customer success stories on global delivery and shared services. Send an email to[email protected] to request an invitation.
For more information about this event, please visit:www.investphilippines.org/siliconvalley.
About PTIC – Silicon Valley
The Philippine Trade and Investment Center in Silicon Valley is the Commercial Section of the Philippine Consulate General in San Francisco and the representative office of the Philippine Department of Trade and Industry in the US Pacific Northwest and Western Canada.
PTIC Silicon Valley covers the US Pacific Northwest, which includes the following: Alaska, Northern Nevada/Reno, Colorado, Northern California, Idaho, Utah, Montana, Washington, Oregon, and Wyoming.
The mandates of PTIC – Silicon Valley include trade promotion, investment promotion, trade policy negotiations, and protection of Philippine business interests.