Outsourcing Philippines | Outsourcing Countries | Outsourcing in Philippines

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Outsourcing Philippines

According to a recent report on outsourcing in Philippines, the outsourcing industry in Philippines has grown 46% annually since 2006. The slow and steady rise of this industry in Philippines can be attributed to their ability to offer not only the traditional voice and IT services to companies wishing to outsource, but also in the fields of finance, sales, marketing, animation, engineering services and medical transcription.

Most of the BPO facilities in Philippines are situated at Manila and Cebu. Philippines is a favored destination for companies due to lower operational costs and cheap skilled labor. Philippines make 80% of its outsourcing revenue from its call center industry. In the recent years, Philippines has become a major competitor to India and China. They hold the same capabilities and technology that these countries who have traditionally been known for their stronghold over the industry. Philippines has an equally capable English speaking workforce as English is one of their official languages. In the coming years it sure will be a force to reckon with.