by DTI-EMB, Maria Luz S. Medialdia / Supervising TIDS / DTI-EMB

Published in Business Mirror

03 October 2017

In Photo: Representatives of Philippine information and communications technology (ICT) companies meet with their counterparts from 13 Korean firms during an Inbound Business Matching Mission (IBMM) with the Korea Association for ICT Promotion (KAIT) sponsored by the Department of Trade and Industry, on September 7 and 8.

THE Philippine Department of Trade and Industry-Export Marketing Bureau (DTI-EMB), together with Korea Association for information and communications technology (ICT) Promotion (KAIT), conducted an Inbound Business Matching Mission (IBMM), a strategic EMB program to maximize the opportunities of partnering and doing business with foreign counterparts.

KAIT led a group of 13 Korean ICT companies that came to meet with the Philippine companies for a possible collaboration and partnership in the area of ICT. This undertaking was part of the continuous support of EMB to promote the Philippine IT BPM sector through a showcase of the country’s IT offerings during the conduct of the business-to-business (B2B) meetings, as well as to develop the network of collaboration with KAIT member-companies.

The IBMM was a two-day activity, entitled “2017 Philippines-Korea ICT Partnership Program”, aimed to provide a venue for the ICT companies of both countries to exchange business experiences and develop possible business relationships between the Philippines and Korea in the area of ICT. The B2B event was an opportunity for the Philippine ICT companies to expand their network of contacts in Korea, as well.

The first day focused on the business matching, scheduled on September 7 at Makati Shangri-La Hotel. On the second day, September 8, company visits and focused discussions were conducted with the two major telecommunication companies of the Philippines, Globe and PLDT.

The main areas for business opportunities among Philippine ICTs and the 13 Korean delegates covered digital advertising solution, IoT cloud-platform provider, smart-center platform solution, database-encryption solution, geographic-information system, education technologyand software digital-signage solution, among others.

The Philippine companies that met with Korean delegates were Alliance Software Inc., IQOR, Collabera, Northstar Solutions Inc., Dynaquest Technology Services Inc, Personiv, DTSI Group, CPI Outsourcing, CAI-STA Philippines Inc., ADEC Innovations, Xurpass Enterprise, Global Outsourcing, Red Core Solutions, Ammex iSupport Worldwide, Jones Lang LaSalle Philippines Inc., Lares Inc., Robinsons Land Inc. and Learning Development.

The DTI-EMB and KAIT’s collaboration aimed to explore and gain valuable business leads and partnership among and between the Philippines and Korean companies in the area of telecommunications and IT-related technology. With the onset of 4G technology, the Philippines was identified by KAIT as one of the targeted countries to engage with for their future plans for convergence of ICT services in the Asian region.

The event was coorganized by the EMB, the Korea Ministry of Science and ICT, through its National IT and Promotion Agency, supported by the Philippine Software Industry Association.

Specifically, the EMB spearheaded the pre B2B and conduct of the business-matching component. The KAIT organized and headed the delegation of Korean companies and generously funded and hosted the whole event. The PSIA supported actively through dissemination of information and sending invites to their member companies.