The Tagpros Education OPC's Learning Management Systems Platform project, amounting to P47 million, was greenlighted by the Board of Investments as a new creative industry/knowledge-based service provider under Tier I of the Strategic Investment Priority Plan of the Corporate Recovery and Tax Incentives for Enterprises Act.
The company last month received its certificate of registration from the BoI.
The LMS Platform is a software application (Software as a Service–SaaS) that enables the holding of online tutorial classes for students all over the world in partnership with Filipino teachers/educators. It is accessible via personal computers, laptops, and mobile devices.
The platform is seen to enhance students' learning activities as LMS could allow them to learn anytime and anywhere and can provide them access to courses whenever needed, rather than during a set time, enabling them to learn at their own pace and get the most out of their education.
Tagpros has invested P46.7 million for the LMS project based at the University of the Philippines-Diliman campus, which is now in operation, employing (direct and indirect) about 874 personnel, the majority of which are teachers.
The firm's primary revenue stream will be derived from the LMS fees, 70 percent of which will be received by partner teachers, while the remaining 30 percent will be the share of Tagpros.
The firm is geared toward making LMS not only help its partner educators but will likewise resolve some of the challenges of online classes being experienced by its targeted Filipino students, as this will enable Filipino educators to upload paid online tutorials allowing them to easily understand the topics and aid in optimizing their proficiency levels.
The LMS will also feature built-in quiz applications and zoom capabilities where partner educators can either hold live or non-live sessions and students are given access to pre-recorded videos and other learning materials. The platform can thus provide significant value-added service to the education system.
"Schools have already re-opened with a transition to in-person classes as most implement blended learning, which is a combination of face-to-face and online distance learning. These schools stand to gain with this development as it will make it easier for students to learn and adapt whenever and wherever they are," Trade Undersecretary and BOI Managing Head Ceferino Rodolfo said, noting that "LMS will further boost the development of the creative industry as well as the BPO-IT sector."
The IT-BPM sector has been one of the main drivers in realizing the objectives of the Philippine Development Plan 2017-2022 through the expansion of economic opportunities in service strategies that aim to develop high-value-added, competitive, and sustainable sectors, and support the development of high-value services sectors and backbone/supporting industries to strengthen linkages of the sector into the domestic and global value chains.