Out of 64 countries, the Philippines ranked 47th in Information Technology (IT) Industry Competitiveness Index for 2007.
This is the result of the study, The means to compete: Benchmarking IT industry competitiveness conducted by Economist Intelligence Unit (EIU) sponsored by Business Software Alliance (BSA), a non-profit organization dedicated to promoting a safe and legal digital world.
In Asia Pacific region, the Philippines ranked 11th out of 16 countries ahead in rank of China, Sri Lanka, Indonesia, Pakistan, and Vietnam.
On the scale of 1 to 100, the Philippines scored 28.7, too far from the US 77.4 and Japan’s 72.7. India, scored 29.1, just few points higher than the Philippines.
The score for each country is the overall index score based on the category scores with its respective weights as follows:
- Overall business environment (10%)
- IT infrastructure (20%)
- Human capital (20%)
- Legal environment (10%)
- R&D environment (25%)
- Support for IT industry development (15%)
The Philippines do best in Legal environment with a score of 51.5 and ranked 10th in Asia Pacific. Research and Development is the Philippines’ weakest among the categories having only the score of 0.4 and ranked 13th in Asia Pacific.
This figures show that the Philippines do better than few neighbors in the Asia Pacific region. However, there is a need of the country to work harder especially in the field of research and development to elevate its rank.
The present administration emphasize the need to improve the IT sector yet the effort seems too little in the fast-paced IT environment. Filipinos are already known as among the best in the field of software development. Although there are some major areas that need immediate action by the authorities like software piracy which greatly affect the IT industry and discouraged many IT professionals to develop their skills in the country.
In Overall business environment, the Philippines scored 68.0 and ranked 11th in Asia Pacific which supports the country’s position as preferred investment place in the region.