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Is Outsourcing Philippines Dead?

Magellan Solutions

Businesses prefer call center outsourcing Philippines because of the Filipino neutral accent. In 2014, 70% of India’s voice-based services transferred in the Philippines. Sectors that mostly outsource include: Banking, Financial Services, and Insurance (BFSI). Even dubbed as the World’s Call Center Capital.

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Global Data Analytics Outsourcing to Reach $5.9B by 2020

SourceFit

The major consumers of outsourced analytic services are the banking, financial services and insurance (BFSI) sector, accounting for about 33 percent of market revenue in 2014, followed by the healthcare industry. Much of the demand for outsourced analytics comes from North America and Western Europe.

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Philippine Economy to Grow Over 6% in 2016

SourceFit

The Philippine economy is considered to be “fairly resilient,” supported by strong domestic consumption that is driven by a robust business process outsourcing ( BPO ) industry , remittances from Filipinos working abroad, election spending and a growing middle class. percent posted in 2014.

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