Surge in Philippines’ IT Market - Business Analytics on the Rise

The Philippines’ IT market is seeing a tremendous boom. According to a research published by Business Monitor International[1], it is expected to grow by about 9.6 percent in 2013 to touch $3.86bn[2], attributed largely to the sales of Software and IT Services. These are estimated to grow to $442mn and $1.1bn respectively.

Specifically, cutting-edge technologies like business analytics and cloud are in great demand, and the Philippines is predicted to clinch a $20 billion share in the estimated $160 billion global business analytics market in the next two years (PHL eyes $20-B share in analytics market - 03 June, 2013).

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Thakral One Awarded HID Partner of the Year, 2013

Thakral One, an IT consulting and services organization focused on emerging markets, recently announced that it has won the prestigious Partner of the Year award for the ID Assurance business of HID Global, the trusted source for secure identity solutions.

The Identity and Access Management (IAM) market is growing exponentially and is expected to reach US$ 12.3 billion by 20141, a massive increase from US$ 3.7 Billion in 20102. By the end of 2013 the IAM Asia Pacific market will witness the fastest growth3.

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