In the past years, DFNN has continued its remarkable influence over the technology space, most notably in the e-casino gaming industry, paving the way for the success of subsidiaries Inter-Active Entertainment Solutions Technologies (IEST) and iWave. Possessing an uncanny ability to adapt its technologies to niche local and international market requirements, the company’s technological expertise continues to drive its future growth as it seeks new verticals to explore around the globe.
“Our team has a firm commitment to using technology in identifying opportunities from market inefficiencies and challenges to create the next vertical growth for the company,” says Calvin Lim, president and CEO of DFNN. “We recognise the diverse technology solutions available in the industry, select and implement the most suitable to complement our existing mix, which has proven to be a success for the company.”
True to its motto “Technology at Play”, the information technology (IT) solutions provider and systems integrator supports local e-casinos through subsidiary IEST and obtains talent and resources from Singapore-based subsidiaries PGI Systems and DCG. DFNN is also helping develop Asia’s first virtual currency hub in the Cagayan Economic Zone Authority through subsidiary iWave.
“The next step for us is to look for the most promising business verticals that will complement our value chain,” Lim says. “In light of this objective, we’ll be making several exciting announcements before year’s end.”
DFNN’s research and development centre is exploring all industries nationwide for such opportunities. Lim believes it is the perfect time to invest in the Philippines given its strong economic fundamentals, highlighting a 6.2 per cent gross domestic product growth last year.
“Last year alone, we reported an income of 1.54 billion Philippine pesos (HK$232 million) for government-controlled regulator Philippine Amusement and Gaming Corp, greatly contributing not only to the Philippines’ continuous economic development, but to corporate social responsibility programmes geared towards nation-building,” Lim says. “The Philippines is extremely hungry for growth, and we’d like to help it leap into the future by making it competitive internationally.”
Source: https://www.scmp.com/country-reports/country-reports/topics/philippines-business-report-2019/article/3013347/dfnn-sees
