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Converge expects sustained robust growth in H2

Published Sep 5, 2023 07:39 am

Fiber broadband and technology solutions provider Converge ICT Solutions Inc. expects the robust growth for its enterprise business to be sustained for the rest of the year.

In the first half of 2023, the firm's enterprise business grew revenues by 26 percent to P2.49 billion from the P1.97 billion generated in the same period last year.

This is due to  the company’s expansion into new areas, particularly in Visayas and Mindanao, and the launch of innovative products and services that respond to the needs of small and medium enterprises (SMEs) as well as large corporations.

Converge COO Jesus C Romero_jpg_1.jpg
Converge COO Jesus C. Romero

“We are pleased to see an upswing in our enterprise unit, Converge Business, and we’re bound to see more growth as we introduce new products and services that go beyond connectivity,” said Converge Chief Operations Officer Jesus C. Romero. 

He noted that, “our expansion into key tourism destinations like Boracay and Palawan will  also bolster opportunities to tap both small and large companies in these areas.”

Romero said Converge also expects additional revenues from its recent foray into the international wholesale market. 

“We have already set up a Singapore office which is now in full operation with the hiring of a general sales manager,” he said.

Meanwhile, the firm’s investments in additional capacities in upcoming international cable systems and upcoming data centers prepare Converge to service more global companies and the wholesale market.

Converge Business recently made a push to the country’s biggest retailers at the National Retail Conference and Expo (NRCE), showcasing its enterprise grade solutions at the grandest retailers’ event of the year that represents a P600 billion industry.

Converge Innovation and Product Management Head of 
Leonardo Baniqued said in his presentation that, because the Converge digital infrastructure is already laid out nationwide, it can enable emerging businesses in the budding “digital cities.”

“Our network is already available in cities that are just planning to shift to digital or even cities that are just being planned. Converge is there from the start,” said Baniqued. 

On top of the connectivity, Converge also offers value-added services such as the Converge Workplace Automated HR and Payroll Solution, and the Hotel Management Software that can support both big and small companies. 

Converge Workplace Hotel Management Solution is a cloud-based software that answers to the needs of MSME hospitality players. 

It equips small hotels and resorts with a direct booking system, room inventory management, and for medium sized accommodations, property management (management of front desk, housekeeping, and maintenance, departments among others).

Converge also has the SweldoMo solution which is an automated human resources, payroll, and timekeeping solution.
 

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Converge ICT Solutions Inc. Jesus C. Romero
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