Business software firm Infor banks on PHL operations to drive revenues

Infor, a global provider of business application software, on Wednesday said the Philippines is a key growth area to increase its revenues by double-digit in Asia Pacific in the next three years.

"We found this an attractive place because it has the talent, the educational system, a growing business process outsourcing, particularly call centers, and it also has proximity to growing markets," CEO Charles Phillips told reporters in a briefing in Taguig City Wednesday.

Citing the Filipino talent and the Philippine relationship to emerging markets, Phillips said the company is banking on these factors to feed on its future business.

"We plan to grow on those as most innovation on our products that drove our global growth came from here," he said.

The company, with headquarters in New York, plans to deliver more than 300 new programs and 11,000 new features to give the programs the feel of a social networking interface.

Assessing Infor's prospects in relation to the Philippines, president for Asia-Pacific and Japan Tim Moylan noted business in the Southeast Asian nation is not the biggest for the company but is the fastest growing and has expanded in double-digits in the past quarters.

"Our plan for this market is quite bullish,” said Moylan. “We will leverage the knowledge we have here to grow our markets in the entire region. We plan to double our business revenues in the Asia-Pacific region over the next three years," he added.

"That's not just low double-digit, but high double-digit growth specifically for the Philippines," Moylan added.

The Philippines is Infor's core operation in the Asia-Pacific region as it comprises the biggest percentage of the company's total employees in the region. "Manila is 27 percent of Asia-Pacific region headcount,” said Phillips.

“In the last 12 months, we hired 250 people and now we're at 900," he said."Our operation in the Philippines is a key foundation of the company. With that, we are expanding here," he added.

Moylan said Infor targets to grow its Manila headcount to 1,000 by the end of the year, mainly to innovate.

"We plan to put more headcount to drive innovation globally. It's going to be significant for us because a lot of innovation is coming from here and it's going to drive our revenues," he said. — VS, GMA News

Loading...

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • 15 wounded in 2 explosions in restive southern Philippines

    MANILA, Philippines (AP) — At least 15 people have been wounded in two separate blasts that hit a police camp in a restive southern Philippine province where Muslim militants operate, police said Saturday. …

  • 15 wounded in mosque attack at Philippine police camp
    15 wounded in mosque attack at Philippine police camp

    Fifteen people including 10 police officers were wounded in an attack on a mosque at police camp on a remote Philippine island long plagued by Islamic militancy, officials said on Saturday. Successive blasts targeted the mosque inside Camp Kasim on the island of Jolo early evening Friday -- an initial grenade attack followed by a bomb explosion less than 10 minutes later that was intended to target police who rushed to the scene, local authorities said. "It seems the (first) explosion was set …

  • US missile cruiser docks at Subic
    US missile cruiser docks at Subic

    A US Navy missile cruiser has dropped anchor in Subic Bay as part of “routine port call,” amid rising tension in the West Philippine Sea stirred by China’s island building activities and other threatening moves by its forces. The arrival of the Ticonderoga-class missile cruiser USS Shiloh (CG-67) at the Subic Bay Freeport in Olongapo City yesterday was “just a routine port visit for ship replenishment and routine maintenance of shipboard system,” said Philippine Navy Public Affairs Office …

  • Agri, power sectors should brace for El Niño
    Agri, power sectors should brace for El Niño

    The agriculture and power sectors, as well as the general public should brace for a prolonged El Niño phenomenon that could further reduce water supply for electricity and irrigation, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) warned yesterday. Flaviana Hilario, acting deputy administrator for research and development of PAGASA, said the El Niño condition is expected to intensify from weak to moderate by August this year. Anthony Lucero, …

  • China to US: Help cool down Phl on sea row
    China to US: Help cool down Phl on sea row

    The US should help “cool down” the Philippines and realize that its meddling in the West Philippine Sea (South China Sea) dispute would only stir tensions, a Chinese newspaper reported. “Washington should know its meddling in the South China Sea has been destabilizing the region. The US has vowed not to take sides in the territorial dispute, which involves China, the Philippines, Vietnam, Malaysia, Brunei and Taiwan. …

  • No stopping K to 12 despite SC case, protests
    No stopping K to 12 despite SC case, protests

    K to 12 is the fruit of years of comprehensive consultations involving different sectors in education,” Aquino said during the launching of the program at the Philippine International Convention Center (PICC) in Pasay City. Organized by the Department of Education (DepEd), the launch was attended by teachers, students and representatives from different stakeholders supportive of the K to 12 program. It was held two years after the signing of Republic Act 10533, or the Enhanced Basic Education …

  • MNLF pushes review of peace pact with gov’t
    MNLF pushes review of peace pact with gov’t

    The Moro National Liberation Front (MNLF) maintained its bid for completion of the tripartite review of the implementation of the peace agreement with the Philippine government in 1996. The MNLF’s desire to put consensual closure to the tripartite effort was relayed by its leaders to Sayed El-Masry, the special envoy of the Organization of Islamic Cooperation (OIC), during the annual foreign ministers conference in Kuwait last Thursday. The MNLF peace agreement with the government in Sept. 2, …

  • Noy to raise sea dispute issue with Abe
    Noy to raise sea dispute issue with Abe

    President Aquino is expected to raise the West Philippine Sea dispute during his meeting with Japanese Prime Minister Shinzo Abe in Japan next week. However, there is no word yet if the Philippines will specifically ask Tokyo to join calls for China to stop its massive reclamation activities in disputed waters. Aquino will leave for Tokyo on June 2 for a state visit until June 5. …

POLL

Should Aquino be held accountable over the Mamasapano operations?

Loading...
Poll Choice Options