Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

BPOs tout AI early adoption efforts, back broader upskilling

by
January 2, 2025
in Top News
0
BPOs tout AI early adoption efforts, back broader upskilling
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter
WANGXINA-FREEPIK

THE IT & Business Process Association of the Philippines (IBPAP) called for comprehensive efforts to prepare the workforce in all industries for the opportunities and challenges of artificial intelligence (AI).

The Philippines, the world’s second-largest destination for IT and business process management (IT-BPM) services, is projected to end 2024 with $38 billion in revenue and 1.82 million employees, it said in a statement on Thursday.

It added that 67% of IBPAP member companies have integrated AI into their operations. This early adoption has enhanced productivity and elevated the industry’s value, positioning it as a model for navigating AI disruption.

However, IBPAP warned that broader workforce upskilling is essential to sustain this momentum and mitigate potential job losses in other industries.

“AI is not a distant challenge; it is a present reality reshaping industries and economies globally,” the association’s president and chief executive officer Jack Madrid said in a statement.

“The IT-BPM sector has shown that early adoption of AI can create opportunities. However, we must not stop there. The Philippines must act decisively to prepare the broader workforce, leveraging our leadership in IT-BPM as a blueprint for other industries.”

IBPAP is advocating for a nationwide focus on upskilling and educational reform.

It urged increased funding for AI-focused training programs and the integration of digital and AI-related skills into the national curriculum.

Strategic partnerships through collaboration with the Department of Education and the Technical Education and Skills Development Authority are expected to develop scalable training initiatives in data analytics, machine learning and cybersecurity, it said.

IBPAP rolled out the Philippine Skills Framework for Contact Center and Business Process Management to complement such efforts, aiming to upskill a million workers by 2028, it said.

Additionally, it is equipping industry leaders with tools to adopt AI responsibly and implement ethical workforce transition strategies. — Chloe Mari A. Hufana

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Medical coverage subsidy rules for gov’t employees approved

Medical coverage subsidy rules for gov’t employees approved

Recommended

Klook fuels Asia-Pacific’s tourism economy with $7-B contribution

Klook fuels Asia-Pacific’s tourism economy with $7-B contribution

September 26, 2024
Top 5 Canadian Mining Stocks This Week: Altima is Energetic with 98 Percent Gain

Top 5 Canadian Mining Stocks This Week: Altima is Energetic with 98 Percent Gain

July 19, 2025
Whole-of-nation approach needed to combat human trafficking in PHL

Whole-of-nation approach needed to combat human trafficking in PHL

August 28, 2024

“Global Factories Boast a Whopping 4 Million Robots in Operation”

September 24, 2024
Blockchain Technology Bringing Transparency to Online Gambling

Blockchain Technology Bringing Transparency to Online Gambling

September 10, 2024
OPINION — Goldenomics 102: The Shadow Price of Gold

OPINION — Goldenomics 102: The Shadow Price of Gold

August 9, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Syntholene Energy Corp Appoints International Geothermal Leader Eirikur Bragason as Lead Project Manager

    Syntholene Energy Corp Appoints International Geothermal Leader Eirikur Bragason as Lead Project Manager

    February 17, 2026
    Silver Institute: Market Heading for Sixth Straight Deficit in 2026

    Silver Institute: Market Heading for Sixth Straight Deficit in 2026

    February 17, 2026
    Boundiali extends strike and depth at BDT3 and BST1

    Boundiali extends strike and depth at BDT3 and BST1

    February 16, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved