Remove 2012 Remove BPO Remove Offshoring
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Why You Should Choose The Philippines For Your IT Outsourcing

Groove Technology

IT outsourcing has become a highly profitable industry in the Philippines, attracting numerous global investors who have recently set up their offshore IT operations in the country. To bolster the defense of Philippine outsourcing companies against such cyber threats, the Philippine government enacted the Data Privacy Act of 2012.

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Types of Outsourcing: Which Is Right for Your Business?

Magellan Solutions

Business Process Outsourcing (BPO) BPO is one of the most well-established and widely adopted types of outsourcing. Parungao’s insight underscores how BPO providers like Magellan Solutions can optimize operational efficiency by crafting customized solutions that address the unique needs of SMEs.

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Manila is 3rd Top BPO Destination in the World

SourceFit

Manila, the Philippines’ capital, is the third leading business process outsourcing (BPO) destination in the world, according to Tholons Inc. 4 in the 2012 and 2010 Tholons surveys. . The Tholons 2013 survey named the Philippines, Malaysia, and Indonesia among “the most promising Southeast Asian destinations in 2012.”

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PH set for Q2 growth thanks to domestic demand and BPO – Moody’s

SourceFit

for the second quarter of 2013 thanks to strong domestic demand and the success of the business process outsourcing (BPO) industry according to Moody’s Analytics. . The country’s BPO sector is projected to reach 6.8 “[The] Philippines accounts for 15 percent of the global BPO market. Aquino steps down in 2016.”

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Why Do You Need to Outsource Customer Service Solutions to a BPO with Low Attrition Rate?

Magellan Solutions

While pricing and services are important factors, you should also consider the attrition or turnover rate of the BPO company. Here’s the average attrition rate of the BPO industry in the past decade: Year. Average Attrition Rate for the BPO Industry. This will give you an idea how long an agent can work for your business.

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12 Well-Known Companies That Outsource To Philippines

Magellan Solutions

With over 800 BPO companies, around 1.5 Citi’s operations in the country — within the firm’s operations and under the BPO setup — can be attributed to the Philippines’ “sound macroeconomic fundamentals and skilled workforce.”. They hire Estonian and Ukrainian developers because of the cheap offshoring and their great talent.

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4 Reasons Outsourcing to the Philippines is so Popular

NoonDalton

Today, the Philippines is the go-to destination for outsourcing services provided offshore. In fact, since 2004, the nation’s BPO market share has increased by three times, from 4% to 12.3%. The Philippines is regarded as a powerhouse in the BPO sector. A tech-Savvy, Autodidactic Workforce.