Posted by rommel olido on October 14, 2008
The growing demands for Offshore Outsourcing services have strengthened the potential of the Philippines Business Process Outsourcing (BPO) to become a global leader in this industry. Philippines have already stepped out of India’s shadows as strategic destination for outsourcing. This is supported by reports that India is losing competitive edge in this industry because of the emergence of various BPO service providers across Asia Pacific Region.
Filipinos show great passion and skills in the field of Information Technology. The high quality and low cost of work has attracted many foreign companies to engage in outsourcing with our country. Moreover, it has effectively provided these entities with competitive strategies undeniably vital in any business.
The technology-enabled services like web development, creative design, virtual assistant and search-engine optimization are commonly outsourced in this industry. Outsourcing is the process of contracting business functions to a BPO service provider. The services also include business planning and analysis, as well as the installation, management, and servicing of the network and workstations.
Philippines is now finally, regarded as the top destination of business process outsourcing. The support of Philippine government in this industry and the large pool of IT work force have made this industry visible worldwide. Our country consistently improves its economy due to revenues gained from this industry. Expert said that business process outsourcing in our country would not be affected by global financial crisis; instead, the demands for outsourced services will continue to grow in the coming years.