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IT-BPM sector targets $59-billion revenue, 2.5M workforce in 2028

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The country’s information technology and business process management (IT-BPM) industry targets to hit a revenue of USD59 billion and a total of 2.5 million full-time employees (FTEs) in the next si…

The country’s information technology and business process management industry targets to hit a revenue of USD59 billion and a total of 2.5 million full-time employees in the next six years, according to Jack Madrid, Information Technology and Business Process Association of the Philippines president and chief executive officer, on Wednesday.

In the next six years, IBPAP aims to expand high-skill category jobs, with a 13 percent increase in revenue per FTE by 2028. He said the IT-BPM industry is one of the “very few industries” that the country can claim to be a world leader.

 

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