Philippine-based IT consulting and outsourcing company Info Alchemy Corp and Singapore’s Global Science & Technology Forum (GSTF) have formed a strategic partnership to address the impending shortage of talent in the Big Data arena – pegged to hit $20 billion by 2016.
GSTF president Dr Anton Ravindran said they have chosen Info Alchemy as their exclusive partner in the Philippines to promote, educate, and enhance the skill sets of aspiring Big Data talents, by delivering training and certification programs.
GSTF is a pioneer in offering Open Source Technology-based training and certification programs.
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“We focus on the skills transfer in the space of cloud computing, business analytics and Internet-of-Things which will once again disrupt existing business models in today’s digital age,” Ravindran said. “These technologies soon will further transform the way how we live and do business in the ubiquitous world of Internet of Things. It will fast forward how we innovate, compete, customize, personalize, among others.”
Ravindran, who also serves as a council member of the Singapore Computer Society, stressed that there are now 4.5 million jobs in the business analytics space but only 30 per cent of them are filled.
“The Philippines can become the next hub for business analytics talent. And in order for that to happen, you need skills. We need to have a lot of business analysts, data scientists, cloud specialists, and cloud professionals,” he said.
Ravindran, however, said the programs offered as part of the latest alliance between Info Alchemy and GSTF are not product or vendor centric but technology-based training and leverages from Open Source Technologies.
Both companies are confident that the Philippines will scale up the value chain to become the incubator and center of excellence for smart Business Analytics (BA) with its young, techie, and English speaking population.
“The Philippines has been one of the top destinations for outsourced IT services for a number of years. We want to extend that to offshore services around Business Analytics, Big Data and Internet of Things. Our intent is to enable our local talents by providing training and certification courses that is recognized globally. In partnership with GSTF, we hope to accelerate the learning and adoption of new technologies by Filipino IT professionals,” said Info Alchemy president Emil Capino.
In the first quarter of 2014, both the public and private sectors in the Philippines have set up goals to achieve at least 10 per cent of the forecasted $20 billion big data market, by 2016. One of the major initiatives was the launching of the Analitika, a consortium for smarter analytics.
In 2010, President Benigno S Aquino led the launching of Open Data Philippines that is meant to institutionalize open, transparent, accountable, and participatory governance.