PH’s software-related sales to reach $95Mn by 2025
The software and software service sales sectors in the Philippines are projected to reach $95 million by 2025, according to the International Trade Administration (ITA).
In its latest Country Commercial Guide for the Philippines, ITA said that the Business Process Outsourcing (BPO), education, finance, health, and telecommunications industries would be the “key vertical markets” for IT spending in the nation.
Riding on this data, Debdeep Sengupta, President of cloud services firm Cloud4C, said that the last two years possibly accelerated and made local firms realize that they can operate in a hybrid world.
Meanwhile, Cloud4C Philippines President and CEO Edler Panlilio stated that the “cloud has become the hottest space for any tech talent to build value, and for that to happen, you need a nimble, agile, innovative, and forward-thinking organization.”
Offering a solution, both officials shared that Cloud4C could help shift companies into the cloud. The firm provides a wide range of solutions and services for enterprises undertaking modernization and digital transformation initiatives.
Serving 4000 clients globally, Cloud4C aims to enter several industries in the Philippines and help them determine the areas they should focus their efforts on in aligning their organization’s IT with its business goals.
