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A look into the BPO & nearshore industry in times of global financial concernĀ 

Redial

But even though we are facing times of uncertainty, for reasons that I will mention later, Business Process Outsourcing stands as one of the main alternatives for those companies that seek to stay in business. Not a definitive factor, but one that must be considered when analyzing decision-making.

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10 Big Companies That Outsource to India and Their Struggles

Magellan Solutions

The purpose of outsourcing was the movement of work to cheaper labor in Indian markets. Microsoft signed a three-year outsourcing deal with Infosys Technologies in 2010. American Express (AMEX) has been practicing business process outsourcing in India. This move resulted in many staff losing their jobs.

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On Track for Industry Road Map 2016: IT BPO Earns $11 B in 2011

SourceFit

The Philippines’ Information Technology and Business Process Outsourcing (IT-BPO) sector earned $11 billion in revenues in 2011 and is set to hit targets projected in the sector’s Road Map 2016, according to Business Processing Association of the Philippines (BPAP) President and Chief Executive Officer Benedict Hernandez.

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15% Annual Growth for Ph BPO ā€“ NEDA

SourceFit

The National Economic and Development Authority (NEDA) is projecting growth of at least 15% annually for the Philippines’ Business Process Outsourcing (BPO) sector. . million indirect and direct job opportunities and taxes reaching $6 billion each year.

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More Working-Age Filipinos in BPO Will Boost PH Economy

SourceFit

This means that now more Filipinos are at an age where they can hold jobs and help drive growth. . “If you look at what is happening in the business process outsourcing [BPO] sector, the Philippines has become an important BPO center because of the availability of skilled manpower.

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Philippines Call Center Strive Even In The Pandemic

Magellan Solutions

Yet according to an online job portal, the BPO industry is the top hiring sector for 2020. It overthrown India as the top BPO capital of the world since 2010. As well as an industry leader in contact center outsourcing. Call Center Outsourcing Philippines in Pasig. Faster from the disruptions caused by the pandemic.

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Philippine Laws on Outsourcing

Magellan Solutions

Many businesses all over the world can attest to that. Because of this, the Philippine laws on outsourcing are very important. Because of the high demand for Philippine-based outsourcing providers over the years, business process outsourcing (BPOs) has since helped increase the countryā€™s income and stabilize the Philippine economy.