MANILA, Philippines – Ontario-based software firm OpenText plans to invest $8 million to $10 million in the Philippines as part of a broader pipeline of Canadian IT and digital services projects discussed during President Marcos’ Canada visit.
The proposed investment will fund a five-year cloud transformation project with BDO Unibank Inc. while supporting OpenText’s expansion in the country, according to the Department of Trade and Industry (DTI).
READ: Strategic ties, $2.5-B investment pledges mark Marcos’ Canada visit
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Apart from this project, OpenText also expressed support for the Philippine government’s digitalization efforts through artificial intelligence-enabled citizen services, cybersecurity, secure cloud infrastructure, digital records modernization and digital forensics.FEATURED STORIES
