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AI, global competition force Philippines’ IT-BPM industry to cut targets

THE PHILIPPINE information technology-business process management (IT-BPM) industry slashed its revenue and employment targets for 2028, citing the rapid adoption of artificial intelligence (AI) and intensifying global competition.

Context & Analysis

The IT-BPM sector has long anchored Philippine services exports, built on English proficiency, cost efficiency, and a steady pipeline of graduates. For over a decade, growth forecasts assumed expanding demand for customer support, transaction processing, and entry-level software work. That model is now under structural pressure. Artificial intelligence tools are automating routine cognitive tasks at scale, while competing hubs in South Asia and Eastern Europe are capturing price-sensitive contracts with their own technological upgrades. The downward revision of forward targets reflects a sector-wide recognition that volume-driven expansion is no longer sustainable without strategic repositioning.

For Filipino businesses and investors, this shift demands a closer look at how value is created rather than how many seats are filled. Companies that continue to compete purely on labor arbitrage will face compressing margins and higher client churn. Those that integrate AI into service design, upskill teams for complex problem-solving, and target specialized verticals like healthcare analytics, fintech compliance, or AI data curation will likely secure longer-term contracts. The transition also carries implications for the broader labor market. Workers trained for high-volume tasks must navigate faster reskilling pathways, while training providers need to align curricula with emerging technical roles.

Policy and regulatory frameworks will play a decisive part in how smoothly this recalibration unfolds. PEZA’s incentive structures have traditionally rewarded employment generation and export revenue; as the industry pivots toward automation and higher-value services, those metrics may need refinement. The DTI’s industry development programs will likely face pressure to scale digital literacy initiatives, while the BSP will monitor how changes in sector composition affect services export earnings. Listed BPO firms on the PSE will also need to communicate clearer transition strategies to maintain investor confidence.

What to watch next is whether corporate investment in automation outpaces workforce displacement, and if government incentives successfully redirect growth toward knowledge-intensive services. The sector’s trajectory will depend less on headcount and more on how quickly Philippine firms can embed AI into their service architecture while maintaining the human judgment that still differentiates them globally.

Analysis by IJE Software — original commentary on the story above.

This is an excerpt. Read the full article at the original source:

Source: bworldonline.com

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