Sybrin, a leading provider of digital transformation services, announced that it is extending its operations to the Philippines strengthening its foothold in the market with an official launch gathering the Philippines’ digital transformation leaders in the industry.
“This is an exciting time for us as we enter the Philippine market given our ties with developing markets and our cultural affinity with the people. We are eager to join the local community and contribute to the nation’s development within the digital technology space. There is a large opportunity in the country as the government looks to digitize its various processes, and we believe that we are well positioned to provide the solutions that can help make this happen,” according to Marius Mare, Group CEO of Sybrin during their launch event at BGC.
Sybrin recognizes the Philippines as one of Southeast Asia’s most dynamic economies, with tremendous growth potential and a thriving business landscape. Having already excelled in similar conditions in Africa, Sybrin is excited to establish a foothold in the Philippines as the first entry into the Asian market.
The company’s decision to expand into the region is further driven by the Philippines’ renewed focus on investing in the ICT sector, as demonstrated by the National ICT Ecosystem Framework (NICTEF). Additionally, the country’s young and vibrant population, with approximately 60% under the age of 30, and its status as one of the world’s fastest-growing economies make it an attractive market. It is projected to become the 16th largest economy globally by 2050.
Sybrin’s commitment to financial inclusion and its technological expertise in developing markets make them confident in its ability to make a difference in the Philippines with its innovative solutions. They are dedicated to investing in local resources and cultivating partnerships with local affiliates to drive digital transformation in the country.