MANILA, Philippines – PLDT Incorporated published record revenues of 34.1 billion pesos computed from the enterprise sector of the company, which resulted from the demand for cloud services and information technology services.
PLDT mentioned yesterday that its revenues from last year, gathered from its enterprise business, grew by eleven percent.
Revenues from its information communications technology services increased twenty-six percent year-over-year because of the surge in services of managed IT by fifty-nine percent and forty-nine percent increased in its cloud services.
Managed Information Technology services include service desk management, managed infrastructure, business process outsourcing (BPO), implementation of enterprise resource planning (ERP), and application lifecycle management.
Data center services like peering, co-location, and server hosting management services also recorded a ten percent increase last year.
According to Jovy Hernandez, head and Senior Vice President of PLDT’s enterprise sector, they are jumping towards the next turn after being the selected provider of infrastructure management to being a trusted provider of managed services. He said that it is where they establish the value for customers using the company’s integrated tools, expertise based on skills, methodologies practiced globally, partner’s broad ecosystem. This is in line with the strategic plan of the company to further strengthen its place as the thought enterprise market leader and trusted partner.
Hernandez said that the strong growth in the services of managed Information Technology, as well as the strategic attention on creating a practice of cyber security among businesses, would further expand the revenue streams of PLDT beyond cloud and data center for the business group.
PLDT delivers world-class services of data for government and businesses clients through its enterprise subdivisions, ALPHA Enterprise and SME Nation.
Hernandez stated that they are producing unprecedented growth throughout all pillars of the business – finance and banking, conglomerate, BPO and IT, gaming, as well as to the public sector. He said that the company grows faster continuously than the industry, they are strengthening further their leadership in the mentioned sectors.
Manuel V. Pangilinan, chief-executive-officer and chairman of PLDT, said previously that the financial performance of the telecommunications company provider would be resulted by the ongoing progress in both enterprise and home fixed line.
It is targeting core earnings return of 23 billion to 24 billion pesos this year.
The core income return of PLDT last year, which excludes sales of assets, accelerated depreciation, and program expenses of manpower program, grew eleven percent to hit 22.3 billion pesos.
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