GIBC Digital, a global technology firm that is slowly transitioning The Bahamas from archaic ways of record keeping to a more efficient platform.
GIBC opened its first office location in Freeport, Grand Bahama back in June to serve as the company’s global training headquarters, which houses its new data and artificial centre.
GIBC’s Chief Executive Officer (CEO) Greg Wood told Eyewitness News Monday that “The Bahamas is a perfect candidate for digital transformation due to a number of factors”.
The company is now preparing to move its operations to New Providence, where it will provide digital platforms to companies to aid them in becoming more technologically advanced.
Appearing on Beyond The Headlines (BTH) with host Clint Watson, Wood explained why he felt confident the country has the ability to compete with the rest of the world.
“It starts with the people,” Wood said.
“You have people who are hungry for real opportunities and they want to be empowered…it starts at home first and this is an example of what is possible.”
Wood’s sentiments are that once the world sees that advancement of The Bahamas, “the rest of the world will look to The Bahamas’ model for change”.
“Digital transformation is important for every country and everyone is on a different place on a spectrum of the digital revolution,” he noted.
“Everybody knows what they want and need to do and coming up with a plan and executing that plan; that’s what we (GIBC) is good at.
“We have made great progress quickly after our initial conversation in February and the government has stepped up to making this happen.”
GIBC is headquartered in New York with offices in Boston, Stamford, Tampa, London, Hong Kong, and Singapore and now, The Bahamas.
GIBC Digital established the office with an initial $2.5 million investment, which will enable the company to hire some 50 people by end of the year to do both local and regional work focused on automation, cybersecurity, and data intelligence. It currently employs 35.
The company will invest another $1 million of its resources into training its new employees.