Ayala Group’s Globe, a telecommunications and digital solutions provider, reported a 15% increase in its corporate data segment, generating P4.5 billion in revenues during the first quarter of 2023.
According to Globe, the growth can be attributed to the strong momentum in information and communications technology (ICT) services, which experienced year-on-year growth of 52%, driven by the increasing digitalization efforts among enterprises.
The growth in ICT services was primarily fueled by the demand for cybersecurity services, business application solutions, cloud solutions, and data center services, aligning with the trends observed in previous years.
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“We strive to be the leading enabler of the digital lifestyle and commerce in the Philippines,” Ernest Cu, president and CEO, Globe Group, said in a statement. “The impressive performance of our corporate data segment is a clear indication that we are on the right track.”
Business solutions
Globe’s investment in ICT infrastructure and digital transformation initiatives has allowed them to capitalize on the expanding market for technology-driven services while maintaining a competitive edge in the industry.
Through their enterprise group, Globe Business, they provide organizations with essential tools and resources to facilitate success. This includes high-quality end-to-end access solutions tailored to meet connectivity needs, whether local or international.
Globe Business manages a state-of-the-art network of data centers that offer exceptional hosting and management services. These data centers provide the level of performance and reliability that businesses demand, enabling them to operate with ease and confidence.