Seizing the Automation Opportunity in the Philippines

The Philippines will face a profound change in the nature of work and jobs, even as it continues its current path of rapid growth. McKinsey Global Institute (MGI) asserted that almost half the activities people are paid to do globally (worth USD 16 trillion in wages) could be automated using robots, data analytics, artificial intelligence, and other existing forms of technology. It is estimated that 48 % of employees’ activity, equivalent to 18.2 million jobs, could be automated. Automating work start from a clear path where the process is transferred to a digital, predictable and clear system. It must not disrupt the current flow for approvals and decisions made by people in current

designations.

Digitalizing window services, integration to payment systems and legacy networks is key.

Simplifying processes while opening services across social media, mobile and online presence is critical for large and small companies. It is not enough to invest in software and integration, there must be a skill set for innovation and acumen across IT, Software, Telco , Mobile and Social media to embrace a user friendly system which employees and customers can adapt to .

KEFA corporation represents leading companies highly skilled in 5G Networks, IOT, M2M, Mobile application, Security , Consultancy , Social Media Marketing , Converged Systems, Payment Solutions , Insurtech, and Fintech.

Automation relies mainly on software that could be applied rapidly even in emerging markets, because software can be sold at low price points more easily than equipment such as robotics. If companies start using automation software at a relatively early stage, they could create products and services that enable them to leapfrog their competitors. For example, according to the Business World, several software-centric ride-hailing companies operating for less than two years earned more booking fees than large taxi companies combined. Their achievements illustrate the speed at which digital challengers can outperform traditional companies.

In our experience working across industries, players who are able to integrate new technologies more quickly will reap greater economic rewards. To capture the benefits of automation does not only mean investing in technology, but also transforming organizations through innovation management, close guidance from Change Consultants. KEFA has helped several companies and government agencies in the Philippines make this transition.