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Friday, April 19, 2024

PLDT optimistic on enterprise business

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PLDT Inc. said Wednesday it is optimistic about the growth prospects of its enterprise business with the completion of its data center in Laguna.

“Enterprise remains to be a very interesting growth area for us especially by first quarter next year as the VITRO Santa Rosa data center will be completed,” said PLDT and Smart president and chief executive Alfredo Panlilio.

“There are a lot of possible growth initiatives in the enterprise and we’re pushing for cloud solutions and managed services where the growth we see will be coming from,” he said.

PLDT Enterprise earlier reported a 5-percent increase in revenue to P11.8 billion in the first quarter amid increasing digital transformation initiatives of the industry sector and the expansion of ICT service requirements of global and local businesses.

Anticipating to further grow the segment, PLDT Enterprise highlights its data center services as a foundational ICT enabler that empowers Philippine enterprises across all industries. ICT revenues, delivered by ePLDT, increased 14 percent mainly from data center and cloud services.

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The completion of the 11th VITRO data center in Sta. Rosa will further cement the PLDT Group’s foothold as the country’s DC Powerhouse, it said.

Network infrastructure investments on Jupiter, Asia Direct and Apricot subsea cable systems will further support the country’s digital ecosystem by transporting massive global data into VITRO’s network of data centers, widening and strengthening the country’s global fiber footprint and thereby attracting hyperscaler investments into the Philippines, it said.

PLDT, through ePLDT, set its sights on expanding its managed service offerings integrated with cybersecurity and multi-cloud solutions to help enterprises digitally transform.

“By empowering enterprises with our multi-cloud and data center solutions, we are also moving forward in helping to position the Philippines as the next digital destination of Asia Pacific in the next few years,” said ePLDT president and chief executive Victor Genuino.

Also notable for PLDT Enterprise’s first-quarter performance was the 44-percent growth from PLDT Global, the group’s international sales and marketing arm, driven by networking and connectivity solutions from the US, APAC and global voice trading business.

PLDT continues to power the nation’s economic backbone serving the connectivity and ICT needs of large, medium and small enterprises and supporting the government’s overall digitalization thrust, through its unparalleled domestic and international fiber optic network infrastructure now spanning over 1.1 million kilometers.

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