PH to host int'l outsourcing summit

MANILA, Philippines - The Philippines will host global industry leaders in the annual International Outsourcing Summit (IOS) in October, according to the Information Technology and Business Process Association of the Philippines (IBPAP).

With the theme "Unlocking Possibilities, Creating New Vistas," this year’s summit will focus on the implications of the global power shift, and how developing economies are paving the way for innovation and expanding business opportunities.

"For the past five years, IOS has played a significant role in supporting the development of the information technology and business process management (IT-BPM) industry and its various sectors by enhancing discourse, fostering partnerships, and promoting knowledge-sharing on issues that matter to all of us," said Jose Mari Mercado, IBPAP president and CEO.

The summit will be held from October 6 to 8 at the Makati Shangri-La.

International research firm Everest Group reports that the Philippines is gaining ground in the field of software development and information technology outsourcing (ITO).

The Philippine healthcare information management (HIM) sector also achieved highest growth among the sectors with $430 million in revenues for 2012. The country also leads in the voice or contact center sector, growing 21% last year.

During the summit, high-level executives, analysts and domain experts will examine global issues from the perspective of the countries or regions which they represent. Panel discussions and executive briefings will highlight the role of emerging economies on the industry. Delegations will also gain networking opportunities and insights from business matching sessions and the exhibition.

"This year’s IOS will be another milestone for Philippines. Industry stakeholders, both from developing countries and economic giants, will lend their perspectives on the innovative services and niche areas that build on the global IT-BPM momentum. We will also consider culture and the transformation of work as well as the industry’s impact on specific locations,” Mercado said.