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Philippines Hosts 2014 International BPO Summit

SourceFit

IBPAP senior executive director Gigi Virata said that the IIS aims to equip and empower industry stakeholders to step up and take action amid the technological revolution and robust growth happening in the IT-BPO sector. to sustain the Philippines’ offshoring/outsourcing boom. References: – [link] – [link].

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DOST Targets $18B Philippine Outsourcing, Offshoring Revenue

SourceFit

The Department of Science and Technology (DOST) expects revenues of BPO companies in the Philippines to increase to $18 billion by the end of 2014 due to its “Next Wave Cities” program. The program also aims to roll out information campaigns on the country’s BPO services that go beyond voice and contact support.

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Philippine President Vows Continued Support for BPO Industry

SourceFit

Philippine President Benigno Aquino III said that the country’s business process outsourcing (BPO) and offshoring sector can grow further with government support. Aquino told business leaders that the BPO sector could employ 1.3 million Filipinos by 2016 from 2014’s 1 million. 2 and Cebu City at no.

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More Big Firms to Boost Investment in BPO

SourceFit

About 75 percent of large international companies will boost their investment in outsourcing and take advantage of offshore delivery models for services like human resources and finance, according to research published by KPMG and HfS. also said that global firms expect to boost offshoring activities by 20 to 30 percent next year.

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PH Offshoring on Track to Reach $25B Revenue

SourceFit

The Philippines’ business process outsourcing (BPO) industry is on track to hit an estimated $25 billion in revenue by 2016. As the country continues to add higher value propositions to its traditional contact center offerings, the BPO industry expects increased traffic in the next two years. million employees on the same year.

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5 Questions to Ask When Looking for an Offshore Partner for Outsourcing Insurance Services

AS White Global

Luke’s efforts paid off as he was able to expand his operations in Australia, thanks to the support of a dedicated offshore team based in Kuala Lumpur, Malaysia. Since 2014, the insurance BPO industry has seen a consistent yearly growth of 9-10%. How can your offshore services expand my business? Client renewals.

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Philippine BPO, remittances to drive GDP past China by 2016

SourceFit

Philippine BPO, remittances and other factors are expected to drive the Philippines toward a gross domestic product (GDP) that’s projected to outdo China’s slowing economic growth by 2016 according to Citibank’s 2015 Annual Outlook GDP forecasts. . percent GDP in the fourth quarter of 2014 and recorded an overall 6.1

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