Friday, 30 July 2010

Trend Micro makes RP global operations hub

Manila Bulletin

World’s third largest content security provider Trend Micro Inc. has transformed its Philippine operation as its global hub.

Company chief executive officer Eva Chen told reporters on Wednesday’s inauguration of its new headquarters in Ortigas that they now employ 1,200 highly skilled Filipino IT engineers for the development of anti virus solutions and other internet threats to the data base of their clients.

The Philippine hub primarily does antivirus research, execute red alerts, provides support services to its head office and customers and software development.

The Philippine operation is supported by a back-up team in Texas that is also composed of 40 Filipinos, which are rotated every six months.

The Texas back-up team was created to provide redundancy of operation when the Philippine headquarters suffer some disruptions.

Company chief financial officer Mahendra Negi said the global company earned $1-billion revenues last year and is expected to post double digit growth this year.

Trend Micro, which is listed in the Tokyo Stock Exchange, was the first IT-enabled company that the Philippine Economic Zone Authority approved in 1998.

It has an initial investment of P182.680 million. The company is 99.90 percent Japanese-owned.

Trend Micro, which is known for producing anti-virus software such as PC-Cillin, estimates that that one new malware is created every 1.5 seconds and that 92 percent of the threats arrive via the internet.

The Philippine operation specializes in threat detection though its TrendLabs, which has the facility and trained people to come up with an anti-virus solutions quickly to avert the threat.

While the company has acknowledged challenges in looking for the right people with the right skills, it also provides higher than industry standards compensation.

For a fresh graduate, the entry salary level is P20,000 a month. The company also provides intensive training.

The company has suffered an attrition rate of 10 percent as some trained employes have been lured by better compensation packages to work abroad.

There was one instance when over 100 company engineers left for Singapore work.

1 comment:

  1. Another feather in the cap for our world-class knowledge workers. Singapore has long been known to pirate our IT workers. My cousin had a similar experience when a lot of his co-workers were recruited clandestinely in a 5-Star hotel somewhere in the Ortigas Business district. Our workers have long embraced globalization and wherever they can get the best working conditions and pay rates for their skills it's only inevitable that they go where the pastures are greener.