Trade Secretary Gregory L. Domingo says the country has what it takes to become the global hub for data analytics. As many as 200,000 jobs are expected to be generated in this field in the next five years. He said that the Philippines is poised to increase its share in what is now valued as a USD 212 billion global industry because data analytics is already in the curriculum of some Philippine schools. Other advantages the country has is its booming economy, skilled workforce and supportive government and IT-BPO industry associations.
Though the local business process outsourcing (BPO) industry is thriving, it has to focus more on higher-skill jobs, such as data analytics, to ensure its continued growth. To fill that gap, a consortium of nine of the countries’ biggest corporations, called Analitika, was recently set up to define, nurture and promote data analytics as an industry.
Read more: http://www.bworldonline.com