SIFEM - Swiss Investment Fund for Emerging Markets

Impact Stories

The SIFEM Impact Stories are intended to illustrate the value-add and development effects of SIFEM’s investments and to provide insights into the local context in which investee companies are operating.

Cloudstaff: «Working from home is here to stay»

Cloudstaff was established in 2005 by the Australian internet pioneer Lloyd Ernst. The company initially focused on software development for Western markets. In 2010, Cloudstaff identified the Philippines as an emerging market for outsourcing services and expanded operations to the region, commencing with a small team of only seven staff...