The long-tem competitiveness of the information technology industry is at risk despite its capacity to account for the large amount of the foreign exchange earned by the country. Several issues have to be addressed such as infrastructural and institutional bottlenecks. In addition, educational system falls short in meeting the human resource requirements of the industry. In the light of accelerating global technology, it is increasingly difficult for countries to upgrade its competitive position. Hence, it is necessary to identify the strategies that can solve these concerns to keep the Philippine position in the IT industry.