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Empowering a Future Workforce in the Philippines

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To improve Filipino citizens’ employability and bridge the gap between education and constantly expanding industries, the Philippines Senate has urged the government to step up efforts to reskill and upskill the workforce.

During a briefing on the proposed 2024 budget by the Development Budget Coordinating Committee (DBCC), the Senate praised the allocation of P9.18 billion (SGD 258 million) for programmes targeted at “increasing employability.” These initiatives include a variety of programmes and scholarships aimed at providing Filipinos with the skills needed to thrive in today’s employment environment.

According to the National Economic and Development Authority (NEDA), there is a significant gap between educational institution-produced capabilities and the demands of growing industries, notably those related to digital technology and sustainable practices. This mismatch highlights the critical necessity to assure the workforce’s employability, hence offering prospects for high-quality employment.

The importance of a reskilling and upskilling revolution in preparing the workforce for the Fourth Industrial Revolution was highlighted in the Senate. Upskilling entails improving existing abilities or learning new ones, whereas reskilling entails retraining workers in whole new sectors. During the budget deliberations, the proposed interventions for upskilling and reskilling will be thoroughly scrutinised.

The exact training or courses offered by different programmes, the number of beneficiaries, and the extent to which they help to achieve the goal of employment rates of 4.4% to 4.7% by 2024 are all important parts of the study.

For various reasons, digital upskilling is critical to supporting economic growth and development in the Philippines. It enables workers to fulfil the expectations of rapidly digitising businesses including information technology, business process outsourcing, banking, and e-commerce. This is necessary to keep the country competitive in the global economy.

Also, digital skills boost productivity in a variety of industries. Employees with advanced skills can automate jobs, streamline procedures, and access and analyse data more effectively, resulting in enhanced productivity.

Job creation is aided by the rising demand for experts in fields like software development, data analysis, digital marketing, and cybersecurity. The Philippines’ unemployment rate can be lowered, and new job possibilities can be generated with the aid of digital upskilling.

Additionally, having digital abilities enables people to launch their own businesses, such as an online shop, a tech startup, or a freelancing career. This encourages innovation and entrepreneurship, which helps the economy grow and diversify.

A workforce with advanced digital skills is also essential to the Philippines’ reputation as a location for international outsourcing and offshoring services. Knowledge of digital tools and technologies guarantees the nation’s ability to offer high-quality services, attracting foreign customers and improving the economy.

Further, a workforce with digital skills is a draw for foreign investors wishing to start up or grow operations in the Philippines. It shows how dedicated the nation is to innovation and how prepared it is to take part in the global digital economy.

By giving people from all backgrounds the chance to access high-paying digital professions, digital upskilling can also aid in reducing economic inequality. As a result, wealth and opportunities are distributed in a more egalitarian manner.

The Philippine government has announced several strategies to support the development of the digital economy and digital transformation. The successful implementation of these initiatives, which aim to enhance infrastructure, public services, and government, depends on a workforce that is technologically proficient.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.