Seeing the need for an organization that will look after the interest of the information technology and business process management sector in Cebu, the Cebu Educational Development Foundation for Information Technology (CEDFIT) has transformed itself into the Cebu IT/BPM Organization (CIB.O).
CIB.O is a full industry association that will look after the interest of the sector, expanding from CEDFIT’s role of bridging the talent gap between industry and academe and taking on more roles like promotions and expanding collaboration.
CEDFIT was organized after the Cebu is IT Summit in 2001, when the business community and government agreed to work together to make Cebu a preferred IT destination. At that time, the biggest concern raised by industry was the gap in skills of graduates produced by schools in Cebu.
Bridge academe-industry gap
CEDFIT has been able to partly bridge that gap with its industry programs, officials said. Cebu has a better employability grade, even compared with the National Capital Region. Other places in the country have an employability rate of 6% to 7%. Graduates in Cebu, on the other hand, have a 28% to 29% employability rating.
“CIB.O’s vision is to make Cebu as the preferred IT/BPM location for higher value IT and IT-enabled services,” said CIB.O chairman Francis Monera. “The organization’s mission is to develop and promote the strengths of Cebu and sustain the growth of its IT/BPM industry through driving collaboration, innovation, and excellence.”
Monera said CEDFIT had a lot of successful programs and worked on initiatives apart from talent development but “these were all ad hoc.” CIB.O will formalize and expand that, he said in a press conference held at the sidelines of the Transformation Summit at the Marco Polo Plaza Cebu.
Higher value IT services
CIB.O will complement the local industry by continuing to provide human resource development and taking on marketing and infrastructure promotion to make Cebu as preferred IT destination for higher value services. CIB.O has 128 members that comprise IT/BPM companies, academe, support groups, government agencies, and civil organizations.
Digital Transformation Summit chairman Jun Sa-a said a key initial advocacy of CIB.O would be security and data privacy, especially with the Data Privacy Law going into full effect this year.
Sustain industry growth
“It is high time that Cebu has a fulltime industry association after growing so big. We can now become more focused on the needs of our main IT/BPM players and help sustain the industry’s growth,” Sa-a said.
Monera said IT is the main driver behind Cebu’s robust growth. This can be seen with the growth from 2009 to 2014 exceeding the growth in the 20-year period before that.
Cebu now has 300 IT/BPM companies with 140,000 employees. CIB.O said Cebu is “aiming to capture higher value services such IT outsourcing, health information management, shared services, engineering services, banking and financial services, software development, research and development, among others.”