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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 aims to set up Information Technology-Business Process Management (IT-BPM) centers in places like Iloilo, Sta.

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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. The post PH Offshoring on Track to Reach $25B Revenue appeared first on. The sector also expects to amass a labor force of about 1.3 million employees on the same year. billion in 2013. Reference: – [link].

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List of Companies That Outsource Call Centers

Magellan Solutions

As part of its cost-cutting measures, the company moved most of its call center operations to alternative offshore locations such as the Philippines, India, and Mexico. . In 2016, some onshore call center workers at Verizon engaged in a seven-week strike in the Philippines. Bank of America. HSBC Holdings.

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15% Annual Growth for Ph BPO – NEDA

SourceFit

According to NEDA Assistant Director General Ruperto Majuca, the estimated 15 percent growth is an average figure for the years 2011 to 2016. Majuca added that the BPAP based its assumptions on a projected doubling of growth from 2010 to 2016 in the global market. Growth of 15% in the industry, according to the BPAP, would result in 3.15

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Why Investors Are Attracted To The Philippine Call Center Industry

Magellan Solutions

In 2016 alone, the BPO industry raked in $23 billion in revenues and generated direct employment to about 1.15 million Filipinos, the Information Technology and Business Process Association of the Philippines (IBPAP) disclosed in a statement. Expanding and Stable Economy.

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Next Wave Cities to Drive Philippine BPO Growth

SourceFit

will drive the growth of the Philippines’ Information Technology-Business Processing Management (IT-BPM) and offshoring sector, according to Department of Science and Technology (DOST) secretary Mario Montejo. million job projection by 2016 “very achievable,”? “Next wave cities”?

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Sourcefit Joins IBPAP

SourceFit

is now a member of IBPAP (Information Technology and Business Process Association of the Philippines). The association is instrumental to the success of the information technology and business process management (IT-BPM) industries, which are currently two of the biggest drivers of the Philippine economy. .