March, 2015

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Philippines BPO Drives Office Space Supply Record Highs

SourceFit

New office space in Metro Manila is set to reach record levels over the next few years as developers try to meet demand from global companies looking to outsource to the Philippines. According to a report published by Colliers International Philippines, property developers added 466,354 square meters of office space in 2014, almost reaching the all-time high of 467,030 square meters in 2009. .

BPO 40
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Pharma R&D Turn to Lean Business Process Outsourcing Models

SourceFit

As pharma companies increase their use of outsourcing in 2015 to reduce costs and improve quality, they are turning to “lean” business process outsourcing models. According to a new study by consulting firm Avoca Group, pharmaceutical and biotechnology research and development (R&D) companies are looking for business process outsourcing models that reduce their investment in internal contract research organization (CRO) oversight. .

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Outcome-Based Outsourcing Solutions to Rise in 2015

SourceFit

2015 will be the year of outcome-based outsourcing solutions and other emerging market drivers, according to advisory firm Pace Harmon. Pace Harmon partner Andy Sealock said that more companies are turning to outcome-based solutions or offshore outsourcing service agreements involving payment for pre-agreed outcomes or results rather than individual provider services. .