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Startups to established enterprises around the world are now increasingly looking into the Philippines as strategic go-to software delivery center. "As the overall performance of the Philippines inches up higher, more businesses are considering the Philippines as first-option for their software development outsourcing initiatives," said Jerry Rapes, CEO of Exist, a company that provides consulting services and software development with focus on Java and Ruby on Rails solutions.
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Experience Excellence www.exist.com
Software services outsourcing posted ~$1.5B, ~50% growth in 2012
10% growth in employment or 55k IT professionals
IT-BPO revenue at an all time high of $13b, 18% growth, employing 780k+ in 2012
Tholons...MNL #3 from #4 displaced Delhi; CEB #8 from #9 displaced Ireland
Our Ecosystem
Experience Excellence www.exist.com
Skills gap from graduates to employment...CEDF-IT, TESDA, IBPAP, PSIA, CCCI
Churn rate averaging at mid to high double digit figures...cost of hiring and retention growing
Forex...from 2010-2012...46:1 to 40:1...loss ~13% value
Infrastructure...business structure, legal structure, transportation, internet/power rates...
Need more middle managers to retain growth momentum...scalability
Our Challenges
Experience Excellence www.exist.com
PH scored above 7.0 for BEI...highest among 76 countries who took the test
Scalability >> 500K graduates/year
200k medical/health sciences,180k eng’g/technical courses/I.T. related courses, 120k business courses
Complete destination...PH Destination to watch in 2013 - Conde Nast...#17 46 Places to go in 2013 - NY TImes...one of 13 Hottest Destinations in 2013 - Travel+Leisure
Sound business fundamentals...32.95% full year return on the PSE...Ranked 3rd among top bourses in 2012 - World Fed of Exchanges
Our Value Proposition
Experience Excellence www.exist.com
Our Timeline
2000
Dot com bubble bursts
Open Source movement starts to
gather steam
4 Filipinos seize opportunity to disrupt the market
2001
Gained 2 major customers
2003
Gluecode Software grows to 50 developers & launches “There’s always a better way” campaign
2005
2006
Expands in Cebuand wins Red Herring Asia 100 & ZDNet Top Technovisionary awards
2007 2008
while the GLOBAL economy was in turmoil ...
2009
Exist expands presence & technology portfolio WD honored YGL
200 employees & growing!
2011 2012
Experience Excellence www.exist.com
Building Solutions for Global Clients...
- Technology Consulting
- Apps Development
- Managed Cloud Services
Our Passion
TMC PRIMEPatient Records & Integrated Medical Exchange
Experience Excellence www.exist.com
Our Strategy
People Expertise...Focus...Teams
ProcessAgile...Iterative...Collaborative...Transparency
PlatformOpen Source...Automated Testing...Cloud...Mobile
Experience Excellence www.exist.com
Website: http://www.exist.com
Twitter: twitter.com/existglobal
FB: facebook.com/existglobal
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