PH poised to lead talent supply for Big Data, analytics — IBM

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By Tom Noda Having one of the youngest populations in the world and with a culture that gives high regard to education, the Philippines is seen to supply the talent needs of the Big Data and analytics industry now estimated at $200 billion. [caption id="attachment_14947" align="aligncenter" width="620" caption="Top officials from the private and the public sectors converge at the 2nd IBM Think Forum at the Makati Shang-rila Hotel on Wednesday, Nov 20"][/caption] IBM executives made the prediction during the second year of the IBM Think Forum held on Wednesday, Nov. 20, at the Shangri-La hotel in Makati City. More than a hundred people attended the event composed of leaders belonging in the academe, media, private, and government sectors. “The Philippines is absolutely poised to be the leader in the smart analytics space with its half a million college graduates every year, of which 110,00 are in the IT, business and social science degree areas,” said Carla Grant Pickens, area HR leader of IBM Philippines. With over 96 million people, 53.4 percent of the country?s population is under 25 years old. Smart analytics, according to IBM, enables businesses to understand customers better, and identify opportunities and risks to improve innovation. Besides Big Data and analytics, the company also has major initiatives around cloud, mobile, and social IT trends. Mariels Almeda Winhoffer, president and country manager of IBM Philippines, said the company?s vision of transforming Philippines as the next global center for smarter analytics is now becoming a reality. “We have a complete curriculum for analytics for business now offered in 12 universities and we’re the first country in the world to declare analytics as a profession for undergraduates,” Winhoffer said. [caption id="attachment_14948" align="aligncenter" width="620" caption="Photo shows (from left) ICT Office chief Louis Casambre, UP president Alfredo Pascual, and CHED chair Patricia Licuanan"][/caption] Winhoffer said IBM always knew that analytics will grow and has identified the Philippines as having the potential to be the destination of talent resource. However, the lady executive said that in order for the country to provide the supply of local talent, the Philippines has to start from the basics, starting with education. Although the business process outsourcing (BPO) industry in the Philippines continues to expand its workforce of 775,000 and yearly revenues of up to $16 billion, the country has yet to achieve its full potential. “What’s next after BPO? Nothing is sustainable, everything becomes commoditized,” Winhoffer said. “We need to find the next big thing that allows the Filipino talent to prevail.” She added by year 2015, there would be around 4.4 million jobs that will require analytics and a huge gap is seen since only 30 percent of those jobs can be filled up by the current skills that people have. “We need the Philippines to supply that gap,” Winhoffer said. Among the 12 universities that adopted IBM’s business analytics courses are University of the Philippines – Diliman, Ateneo de Manila University, De La Salle University, Asia Pacific College, University of Santo Tomas, College of St. Benilde, Universidad de Manila, Jose Rizal University, Technological Institute of the Philippines, Batangas State University, Republic Central Colleges and Araullo University of the PHINMA Education Network. IBM offers four courses such as Fundamentals of Business Analytics, Fundamentals of Enterprise Data Management, Descriptive Analytics, and Predictive Analytics. ]]>

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