Philippine IT-BP industry hits 2011 targets, grows 24%

11.04.2012

ACPI has been running its annual animation competition, Animahenasyon, for the past 4 years to encourage local animators to produce original animated films and cartoons. Some of the winners have been featured on local cable channels such as the Knowledge Channel.

The Game Developers Association of the Philippines (GDAP) reported that their first competition also uncovered many young talented game developers. GDAP members have also produced games that have gained followers in the online world. The game development sector grew by 13% in 2011, reaching US$8 million in revenues and employing almost 1,400.

Raymond Lacdao, BPAP's Executive Director for Industry Affairs, added that companies providing engineering services from the Philippines saw a 5% increase in revenues and employment in 2011 ending the year at over 9,000 employees providing US$172 million worth of services. This is a second consecutive year of positive growth after a contraction in 2009, reflecting a recovery in global markets for construction and engineering design.

Finally, BPAP Senior Executive Director Gillian Virata reported that non-voice BP and knowledge process (KP) services grew by 24% in 2011 to over US$2 billion in revenues and almost 130,000 employees. "These numbers are somewhat deceptive because we reclassified a chunk of high-value, non-voice services to HIMO," explained Virata.

Overall, Virata pointed out that the data shows that the industry has been steadily moving into high-value services. "This year there was a relatively sharp spike in the revenue-to-employee ratio for ITO and also for HIMO (compared with the ratio for transcription), which increased the ratio overall for total industry." This trend is in line with BPAP's growth plans which are aligned with government's plans for the industry.