Oro eyed as infotech hub in Northern Mindanao-A A +A
Wednesday, October 30, 2013
CAGAYAN de Oro City’s potential to become an information technology hub in Northern Mindanao is not remote given the right support from both the private and government sectors.
This is the observation of the Department of Science and Technology Information and Communications Technology Office (DOST-ICTO) during the holding of “Next Wave Cities” Information and Communication Technology (ICT) Roadshow outside of Metro Manila.
The ICT roadshow was to show the importance of IT-Business Process Management (BPM) and how it would spur economic development like in big urban centers.
In 2012, the DOST-ICTO, and its key partners, the Technology and Business Process Association of the Philippines and the National ICT Confederation of the Philippines conducted a series of roadshows in nine cities outside Metro Manila - the NWC.
The purpose of the roadshow is to provide the right venue for the government, the industry players, the academe and the stakeholders to present and discuss the future of the IT-BPM industry in giving job and economic development in the countryside.
Monchito Ibrahim, DOST-ICTO deputy executive director, said that in order for Cagayan de Oro to be on the information technology map, the city should establish and strengthen the IT-BPM sector which is best for entrepreneurship, career development and advancement of workforce.
He said that since the start of the roadshow in 2012, more than 700,000 have been employed in the IT BMP industry in the entire country where two-thirds are in the voice based services. And have increased to almost a million workers this year.
Stephanie Caragos, CdO ICT Business Council president, said they can already say that Cagayan de Oro is already on the IT map with the coming of the roadshow, a good indication where IT-BPM industry locators will do business in the city.
“We are working doubly hard, with the help of the private sector and the government to sell Cagayan de Oro as a destination for IT-BPM,” Caragos said.
DOST hopes to achieve 1.3 million workers in the IT-BPM industry by end 2016 and expects that 40 percent of the workers are employed outside Manila.
Ibrahim noted that Cagayan de Oro is ranked one of the top 10 cities when it comes to the availability of talents, only that needed infrastructure is seemingly absent.
DOST said that the IT-BPM industry posted in 2012 US $13.2 billion and in 2013 revenue is expected to reach $16.5 billion and by end 2016 it is forecasted to earn $25 billion.
The Next Wave Cities is a series of ICT Roadshows outside of Metro Manila is led by the DOST and is co-organized by the Cagayan de Oro ICT Business Council CDO ICT and DTI Misamis Oriental.
Published in the Sun.Star Cagayan de Oro newspaper on October 30, 2013.