One of the hottest destination of outsourcing is the Philippines, it retain its competitive outsourcing edge and plays a major role in the evolution and maturity of the worlds outsourcing and offshoring industry even though there is a global economic meltdown. The Philippines outsourcing revenues weighty increased to 25 percent from $4.8 billion in 2007 to $6 billion in 2008. By the 33 percent to an estimated 400,000 employees, the industry employment accelerate. The Philippines is the outsourcing destination to be rackoned with.
Oscar Sanez, the CEO of Business Processing Association of the Philippines or BPAP said that the continued growth of the IT-BPO industry helps sustain economic activity in the Philippines. He also said that the surveys shows that the most companies expect to expand within the year by about 10-15 percent. Some of the smaller companies are planning growth of up to 200 percent within the year.
In speaking of “excellence” , the Philippines remain to drive outsourcing excellence, making it the right service to location for just the right outsourcing delivery. The Philippines continue to be a competitive outsourcing hub across the globe. The Philippines produce tertiary graduates that are highly employable. Its outsourcing industry works closely with the universities and colleges to incorporate short-term training programs in the curriculum.
A favorable demographic profile and a literacy rate of 92.6 percent, the Philippines sustains its position as a preferred offshore location for English-language customer support services. According to Business Processing Association of the Philippines or BPAP, there are growing list in the Philippines key competitive advantage, this are domain expertise, service orientation, work ethic, cultural adaptability and fit, infrastructure and connectivity, supportive environment and cost competitiveness.
The outsourcing companies in the Philippines enable people to improve every customer satisfaction rating, standing name a few and a business competitive edge. The outsourcing has a benefits in the Philippines, it is growing and it is getting even better each passing year. The Philippines outsourcing industry with its excellence as its top virtue, it provides the world with only the best, trustworthy, cost-effective, competent and hassle-free services that are incomparable to the rest of Asia. The Philippines hold its ground as one of the more prominent and establish outsourcing hubs in the world.
People can choose the right Business Process Outsourcing company in the Philippines, wherein people can and may enjoy the benefits of having a cutting-edge, effective, efficient and world-class business performance that stands out better in the competition. The Philippines is very high, even though of many issues of the degrading quality of education, it is relief to find out that people still have a high literacy rate compares to other countries. The Philippines continues to be the top choice of Information Technology, Business Process Outsourcing or BPO service industry.
Outsourcing helps the economy and industry in many ways, it has a big impact now in the world because most of the people know that this is one of the best strategy or technique in business. Our company agree that the outsourcing helps the business and at the same time people.
REFERENCE:
http://www.nationmultimedia.com/2008/12/12/technology/technology_30090839.php
http://commtechasia.net/press-releases/press-releases-/318-idc-sees-outsourced-and-managed-services-in-asiapacific-emerge-as-bright-spots-among-the-few-remaining-opportunities-in-a-challenging-market.html
http://zeniusmultimedia.info/ask/-tags-bpo-philippines-indispensable-business-process-outsourcing-hub.html
