Information technology outsourcing firm Transcosmos, Inc. has launched operations in the Philippines as its 70th overseas location and set to offer around 2, 000 jobs for the Filipinos in the next four years.
Transcosmos Asia Philippines Inc. was inaugurated last October 2, 2014 at a media conference held in its office location at One Corporate Center, Ortigas Complex in Pasig City. The company aims to provide BPO services such as contact center and back office operations for the Philippine market.
Transcosmos also provides development and operation services for smartphone websites and applications. It will begin full operations in the country in November this year offering customer services with an initial of 144 employees.
On its Philippine expansion, Transcosmos Philippines President Hideki Yamashita commented: “The Philippines is a market that is attracting attention with a population size of about 100 million and an economic growth rate of around 7%.”
He added “Our future aim is to also expand in areas such as E-Commerce one-stop services and analytics services, as we strive to develop services that help increase sales and reduce costs for our client companies,"
With the establishment of Transcosmos Philippines, global bases deployed by the company will extend to 70 locations, and its penetration of the ASEAN region will move into its fourth country following Thailand, Indonesia and Vietnam.
Transcosmos Philippines targets 2 billion yen on sales by fiscal 2018 and has set its sights to expand to key cities other than Manila in the next four years. It has identified Davao, Cebu and Iloilo for its next wave of expansion.