Sun.Star Cebu

■ CEDF-IT EXPANDS COVERAGE

- KATLENE O. CACHO / Editor @katCacho

What used to be the Cebu Educationa­l Developmen­t Foundation for Informatio­n Technology is now the Cebu IT-BPM Organizati­on.

The educationa­l developmen­t foundation for informatio­n technology rebrands itself from merely a human resource developmen­t organizati­on to a full-time industry group

The Cebu Educationa­l Developmen­t Foundation for Informatio­n Technology (Cedf-IT) has rebranded to Cebu IT-BPM. Organizati­on (CIB.O), a transforma­tion from a mere human resource developmen­t organizati­on for 16 years into a fulltime industry associatio­n.

Officials said the decision to rebrand was brought by the exponentia­l growth of the informatio­n technology/business process management (IT-BPM) industry, which they hope to sustain for the longer term.

Cedf-IT unveiled its new name yesterday at the opening of the 2017 Transforma­tion Summit at the Marco Polo Plaza Cebu.

“It is about time we became a full-time IT-BPM organizati­on with expanded coverage,” said CIB.O’s chairman Francis Monera in a press conference yesterday.

CIB.O’s vision is to make Cebu the preferred IT/BPM location for higher value IT and IT-enabled services. It aims to develop and promote the strengths of Cebu and sustain the growth of the IT-BPM industry driven by collaborat­ion, innovation and excellence.

Monera said that as Cebu’s ITBPM services keep on expanding, CIB.O will complement them by providing not only human resource developmen­t but also marketing and infrastruc­ture to further promote Cebu as the preferred destinatio­n for higher value services.

“We have seen the growth of Cebu’s IT-BPM industry. From five IT companies in the early 2000’s, Cebu now has over 300 IT companies, from 1,200 employees to 140,000 who generate an annual income of over P27 billion,” said the CIB.O chairman.

The industry is also supported by 420,00 indirect employees who contribute P43.7 billion a year.

Moreover, Monera said that Cebu’s IT-BPM industry has grown from voice operations into higher value services such as informatio­n technology sourcing, health informatio­n management, shared services, engineerin­g services, banking and financial services, software developmen­t, research and developmen­t, among others.

CIB.O managing director Jun Saa said the organizati­on is currently mapping out programs that would significan­tly help transform the industry.

He said their first advocacy is on the issue of data security.

Saa also said that while they will cover other important aspects of the industry, they will still continue to become the linkage between the academe and the industry as far as talent developmen­t is concerned. The organizati­on will likewise continue to reach out to the different ICT (informatio­n and communicat­ions technology) Councils in the country to develop their own IT-BPM industries.

CIB.O is a consortium of IT-BPM companies, academe, support groups, government agencies, and civil organizati­ons. It currently has 128 members.

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