The outsourcing industry in Philippines is the economic lifeline for the entire South-east Asian country consisting of more than 100 people from different ethnicities. The BPO companies in Philippines employ more than 2 million people, and account for the biggest boost to Philippines economy along with foreign exchange remittances. As a result, this tiny island nation is posing as a strong competitor to established global BPO players such as India. In fact, many sub-industries such as the call center industry have already taken over India, as Metro Manila moves up the ladder in many other sub industries.
In the past decade itself, outsourcing to Philippines has seen a 30% growth as compared to the previous year and the future looks extremely promising as Deloitte predicted that Philippines may increase its share of the BPO pie to 20% of the entire global market generating more than $50 billion in revenue! So, what makes outsourcing services to the Philippines a great deal for companies around the world? Let's have a look.
The Top 10 Key Benefits of Outsourcing to Philippines
Some of the hottest outsourcing markets in Philippines right now include call centers, SEO, IT Services, Internet Marketing, and Virtual Staffing Solutions. In fact, one of the key advantage of outsourcing to Philippines is that it is extremely small business friendly, as it costs as less as $2000 to operate a team of employees. The industry right now is on the up and up and has a lot to offer in terms of reliability and security when it comes to outsourcing to Philippines. Some of the key benefits include -
Choose Philippines as Your Next Outsourcing Destination with FWS
Philippines over the years has become one of the most sought-after destinations for outsourcing as it has a combination of many suitable factors which are ideal for businesses worldwide. Flatworld's delivery center based out of Philippines helps you get access to the best local talent and services at cost-effective rates so you can begin outsourcing as soon as possible.
Contact us to know more about how we can help you navigate the waters and enter the favorable Philippines outsourcing landscape.
Would you be interested in reading more?
The call center industry is now one of the fastest growing industries in Philippines.
Manila, the Philippines capital unseated Mumbai as the No. 2 outsourcing destination in the world.
Davao City is already a host to major global companies that are benefiting by outsourcing to this happening location in the Philippines.