2020 Global Outsourcing IT Outsourcing 
Magellan Solutions
MARCH 27, 2023
We will examine some general outsourcing statistics below. Source: Magellan Solutions In 2023, global outsourcing spending may reach US$731 billion, according to Deloitte’s Outsourcing and Shared Services 2019-2023 Report. Around US$700 billion was spent by corporations on outsourcing in total in 2022.In
Groove Technology
OCTOBER 1, 2024
Let's delve into the three primary types: Business Process Outsourcing (BPO) Business Process Outsourcing involves contracting non-core business activities to external service providers. According to Deloitte's 2020 Global Outsourcing Survey, 70% of companies cite cost reduction as a primary reason for BPO adoption.
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Magellan Solutions
MARCH 27, 2023
We will examine some general outsourcing statistics below. Source: Magellan Solutions In 2023, global outsourcing spending may reach US$731 billion, according to Deloitte’s Outsourcing and Shared Services 2019-2023 Report. Around US$700 billion was spent by corporations on outsourcing in total in 2022.In
Magellan Solutions
FEBRUARY 26, 2022
Countries compete daily to make its mark in the global outsourcing market. Adding to that, Everest Group study found that 64% of businesses are projecting to increase their outsourcing in the Philippines. Global Literacy Rate: In English Proficiency, the country is among the Top 20 in global rankings and Top 2 in Asia.
Magellan Solutions
AUGUST 1, 2022
There were undoubtedly many disruptions that caused havoc for businesses in 2020 and this also affected the Philippine BPO Industry. percent from the 2020 figures. percent compared to 2020. By 2022, 15 percent of the entire global outsourcing market would be served by Philippine outsourcing services.
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