Transcription of Accelerate PH: Future-Ready Executive Summary
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Accelerate PH: Future-Ready Executive Summary
Accelerate PH: Future-Ready Executive Summary3 The Philippine IT-BPM Sector Roadmap 2022 Accelerate PH: Future-Ready Executive SummaryAccelerate PH: Future-Ready Executive SummaryGLOBAL IT-BPM SECTOR ASSESSMENTThe complex business and technology landscape, as well as fast-evolving regulatory requirements, is driving enterprises to engage partners that can tap into innovative tools and technologies to deliver business process efficiencies on a global scale at competitive prices. The Information Technology and Business Process Management (IT-BPM) sourcing sector continues to take the lead in transforming businesses by leveraging IT-enabled solutions to adapt to an increasingly demanding market.
than five times in the past decade. In 2015, the sector generated US$166 billion in revenue globally and is forecast to increase to US$250 billion by 2022. Of the global IT-BPM sourcing market for 2015, IT Services global sourcing accounted for nearly 60%, while 40% came from BPM global sourcing services. Exhibit 1: Global IT-BPM Market Assessment
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