Despite ‘critical’ talent gap threat, IT-BPM sector upbeat

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The story "Despite ‘critical’ talent gap threat, IT-BPM sector upbeat" was covered 16 hours ago by Business Mirror, a news publisher based in Philippines.

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Despite ‘critical’ talent gap threat, IT-BPM sector upbeat - Business Mirror

Quick Summary:

THE Philippine IT and Business Process Management (IT-BPM) industry will hit $38 billion in revenues and a headcount of 1.82 million employees by the end of 2024 despite the "critical threat” of talent gap, among others.

Madrid unveiled the challenges confronting the sector.“First, the talent and skills gap.

However, challenges such as the cost of implementation, system integration, data privacy, and the lack of skilled talent remain barriers to adoption,” Madrid underscored.