Six Local Software Companies to Explore Japanese IT Mart

Manila Bulletin, January 3, 2004 | Go to article overview

Six Local Software Companies to Explore Japanese IT Mart


Byline: edu h. lopez

Six local software IT companies are interested to tie up with Japanese companies for possible outsourcing services or business processing outsourcing.

These companies are Alliance Software, Inc.of Cebu City, Astra Philippines, Inc.; Boom! Interactive, Inc.; J-Sys Philippines, Inc.; Software Ventures International Corp.; and Tsukiden Software Philippines Group.

Toshio Asakura, executive director of the Japanese External Trade Organization (JETRO) in Manila said these six local software firms would be participating in the Jetro Outsourcing Fair for IT Software 2004 (J-OFIS 2004) on March 2 to 4 at the JETRO Akasaka Exhibition Hall and JETRO IBSC Hall in Akasaka, Tokyo.

The J-OFIS trade fair would be attended by 50 to 60 foreign companies looking for business opportunities in software development in the Japanese IT market.

Asakura said the trade fair would also be an opportunity for foreign IT companies to get possible contracts in outsourcing work in software development processes or provided outsourcing services with Japanese IT companies.

This will provide foreign software companies with a good opportunity to expand their outsourcing services into the Japanese IT marketplace, said Asakura.

The Japanese information services industry including the software development market is about 13 trillion yen and is the second largest market in the world after the US.

Asakura said the software development market is estimated at seven trillion yen, but the share of overseas companies remained low.

The Japanese IT market could be an attractive and appealing market with much potential for foreign IT companies to expand their businesses in Japan, he added. …

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