Respiri (RSH) has established a Philippine-based Company Centre of Digital Innovation Excellence following an internal review of its global growth ambitions and requirements.
The Centre of Excellence will undertake the design and development of software underpinning digital products and technology solutions.
This would result in a significant reduction in the company’s cash burn, an increase in development capacity and greater development flexibility to take advantage of market and customer opportunities.
Further, this supports the company patient centric model in respiratory health by developing captivating and innovative intuitive customer engagement interfaces.
Under the initial phase, the company opted for an Employer of Record business model in the Philippines with Yempo Solutions.
The hiring phase for the first wave of new staff is completed with a total of eight employees joining over the course of September 2022 and are Respiri dedicated.
“We are taking strategic steps in bringing critical capabilities inhouse and establishing core competencies that are central to Respiri’s business model,” CEO Marjan Mikel said.
“The newly established Centre of Excellence will accelerate our digital design and development capabilities and allow further improvements in productivity and efficiency through its low-cost location.”
Shares in Respiri ended the day 2.33 per cent in the red to close at 4.2 cents.
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