February 22, 2024

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Technology can make the Philippines a hub in the region

The Philippines can become a pivotal player in global technology and innovation if it invests more in education, provides a friendlier business environment, and improves on its foreign relations, especially to leading tech nations, according to a group of Israeli companies.

According to a recent report, the Israel Chamber of Commerce of the Philippines (ICCP) recognises that the country has gone far in terms of adopting technological advancements due to its tech-savvy young population.

The business-process outsourcing (BPO) industry, for instance, brings a lot of technology, knowledge and opportunities that people are now capitalising on.

While the Philippines still has a lot to learn from Israel in order to follow in its footstep and become one of the tech centres worldwide, it was suggested that both the public and private sectors invest in quality education.

It starts with education. There is an urgent need to work on a long-term plan and spending more to improve the education system in preparation for a very technical or technological time ahead.

The curriculum needs to be updated to reflect technology.

Government should allow foreign ownership on businesses that are education-related to bring in external knowledge that is most relevant and up-to-date with international standards.

Higher education institutions should be given incentives and a strong mandate to hasten the curriculum upgrade in preparation for artificial intelligence (AI) and for higher technology adaptation in the country.

Emphasis was given on giving equal footing to technology solutions providers from here and abroad. It is about striking a balance.

Given the good trade relations between the Philippines and Israel, both countries can drive technology and innovation in various industries, most especially in agritech.

Even though a lot of the arable lands in Asia are in Southeast Asia, the Philippines is not making use of it.

In contrast to Israel that leveraged on technology to become a big producer and exporter of citrus products at present, as well as the third provider of flowers to the European Union after Nigeria and the Netherlands.

A country that is half desert was able to achieve that because it pointed its efforts on technology and did it properly.

Bringing in more technologies that allow more to be done with less effort or resources, but give more yield or produce can make the Philippines a hub for the region, not just to be an importer but to become an exporter.

It is noted that the Philippine government has asked the help of Israel, through its innovation agency, to implement an initiative to develop local industries.

Together with manufacturing and services, agriculture is another sector that the Inclusive Innovation Industrial Strategy (i3S) of the national government is focused on to accelerate growth with the assistance of the Israel Innovation Authority.

The past few years saw the improving bilateral trade between the Philippines and Israel. In 2016 local goods exported to Israel grew by 23.6% to US$ 57.14 million, from US$ 46.23 million in 2015.

On the other hand, the import value of the Philippines from Israel increased by 27.32% from US$ 103.99 million to US$ 132.4 million during the two periods in review.

Formed in 2009, ICCP is an organisation of individuals and companies that share a common interest in the pursuit and encouragement of bilateral and investment opportunities between the Philippines and Israel. It has since grown to have 130 active members nationwide.

PARTNER

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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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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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.

SUPPORTING ORGANISATION

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.

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