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Papers > Technology > GROWTH OF INFORMATION TECHNOLOGY IN THE PHILIPPINES
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GROWTH OF INFORMATION TECHNOLOGY IN THE PHILIPPINES |
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MARKET OVERVIEW The international community now sees the Philippines as an emerging economy that bears watching. ... The present administration has built a solid foundation from which the Philippines can be propelled into the 21st century as a competitive and vibrant economy. ... Software design, along with information and data services, has become areas where the country has established certain advantages. Developments in telecommunications technology offer new opportunities for the country’s professionals (e. ... in the Philippines Information Technology or I. ... is the collective term for the various technologies involved in processing and transmitting information, which include computing, multimedia, telecommunications, microelectronics, and their interdependencies. ... now more often refers to the convergence of various information-based, broadcast, and mass media communication technologies. ... PC shipments in the US are expected to grow 15 percent, with annual growth rates over the next five years of 11 percent. ... The growth of the Asia-Pacific PC market is projected to continue over the next five years, with a combined annual growth rate of 20 percent. ... The Philippine Situation Drivers of growth: deregulated, liberalized economy (manufacturing, telecommunications, oil, banking, land, airlines, domestic shipping, water, investment houses, finance companies, insurance) stable, democratic institutions (peaceful transition of power since the People Power II, constitution that is committed to democracy, healthy check and balance among the three branches of the government) quality human resources (productivity, quality of work, ideal work ethic) The principal strengths of the Philippine I. ... industry include the following: manpower development Filipinos put a premium on education science and technology courses offered in many colleges and universities academe-industry program IT workers development program IT laboratories in secondary schools creativity ingenuity positive work attitudes and habits high rated technical workers programmers – US $250 – 700/mo system analysts – US $500 – 1000/mo project managers – US $700 – 1150/mo middle managers – US $1700 – 2200/mo system consultants application consultants web designers and developers data encoders and call center operators system designers net engineers database administrators strategic location of the country English proficiency growing track record of successful I. ... diffusion in the Philippines, compared to other countries: • improved access to I. ... technology and know-how from other countries across industries • preferential treatment of advanced local users in learning from foreign firms • more integrated approaches to national strategies for I. ... firms • support to creating world-class managerial skills in information management and organization In spite of these shortcomings, the outlook on the Philippine I. ... sector remains bullish, largely because of the recent sustained growth of the Philippine economy. ... IT Investment Incentives IPP 2000 – IT services are eligible for BOI incentives IT Parks - IT Parks offer cutting edge facilities and infrastructure for IT locators on top of added incentives the government offers to investors and locators for services exporters, ecozone/freeport enterprises: 4-6-8 years Income Tax Holiday (ITH) Special 5% tax rate after the lapse of ITH Tax and duty exemption on imported capital equipment Unrestricted use of consigned equipment Additional deduction for training expenses Deduction for labor expenses Exemption from wharfage dues Permanent resident status for foreign investors and immediate family Employment of foreign nationals Simplified Custom Procedures Information Technology and E-commerce Council (ITEC) - Oversees the implementation and periodic review of the ISP.com (Internet Strategy for the Philippines), National IT Action Agenda (IT21) and the Government Information Systems Plan (GISP). It is chaired by the Secretary of Trade and Industry and co-chaired by DOST Secretary and private sector ICT Innovation Fund - Support research, technology transfer and other advanced science and technology fields Other Key Performance Indicators A survey among IS managers revealed plans of increasing their I. ... companies in the Philippines reached P135 billion in 1996. IT Investments in the Philippines Investments continue to pour in. Among them are: Intel has been investing between $300 and $400 million in local manufacturing facilities over the last 2-3 years Seagate is expanding its recording head manufacturing facility in the Philippines, with 1996 investments of nearly $300 million Fujitsu inaugurated a hard disk manufacturing plant in Canlubang, with total investments expected to hit $300 million Apple Computers opened a full subsidiary NEC will build a board wiring plant in Laguna Acer is building additional facilities in Subic Cypress Semiconductor is investing $110 million in a new assembly and test plant in the country In I. ... services, James Martin doubled in size, NCR SW developed bank branch tellering applications, and Platinum Technology established a local office to increase technology support. ... The fastest-growing contractors have specialized in newer processes such as surface mount technology (SMT) which drive product miniaturization and performance forward. ... Over the 1992-95 period, annual revenue growth was 46 percent, and even larger growth is foreseen. These are opportunities yet to be tapped by the Philippines. ... PhIX is a network access point that allows ISPs to exchange local Internet traffic within the Philippines without having to connect to host servers overseas. ... EDInet Philippines Inc. ... The Philippine Stock Exchange set up an electronic trading system in 1994, and provided the investing public with access to market information during trading by using investor terminals located at the public galleries. ... The industry continues to post impressive growth in investments, export earnings and job generation. Over the last five years, the industry experienced an average yearly growth of 48 percent. ... The figures represent growth of 6. ... PC growth will be driven by the entry of newer Intel processors into the country. ... Since information systems planning was institutionalized in government in 1989, more and more agencies have started to plan and implement a computerization program. As of February 1996, 130 information system plans have been evaluated and endorsed by NCC to DBM. There is a marked increase in the number of major computerization projects in government involving strategic and high–technology integrated solutions. Among them: • electronic declaration of import entries and automatic computation of duties and taxes at the Bureau of Customs, which has cut down the time for release of cargo to only 4 hours from 4-6 days • computerized motor vehicle registration, decentralized production of driver license cards and vehicle plates, and a single ticketing office for traffic violations at the Land Transportation Office • mobile passport issuance services at the Department of Foreign Affairs through provincial extension offices provided citizens with easier access to international travel documents • claims processing at the Government Service Insurance System speeded up to 8 days from 60 days • decentralization of Social Security System services through a central computer linking some 100 branches allowed easier full service access to members and their dependents • computerized professional licensure examinations at the Professional Regulations Commission allowed examination results to be issued within 5 days instead of 7 months • partial computerization of the civil registry at the National Statistics Office allowed many certificates of birth to be retrieved on the same day of application • registration of securities at the Bureau of Treasury provided an electronic system for recording and certifying transactions in government securities Among other strategic networks that government put in place for cost-effective communication and information exchange were FINLINK at the Department of Finance to facilitate information sharing with its major bureaus and other government agencies; POWERNET at the Department of Energy; the LEDAC Network for the Legislative Executive Development Advisory Council; the National Statistics Office QuickStats; Economic Indicators Online (EIO) at the National Economic and Development Authority website; FINLINK, a financial information system linking the key financial and revenue institutions of the country; computerized voter’s list with the Commission of Elections, tax computerization in the Bureau of Internal Revenue; computerized trade and industry information services at the Department of Trade and Industry; national crime information system at the Department of National Defense, entry and departure monitoring at the Bureau of Immigration, and the "cyber city" established by the Office of the President in Subic Bay to showcase I. |
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Title: GROWTH OF INFORMATION TECHNOLOGY IN THE PHILIPPINES
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