Philippines Ranks 2nd Among Global Outsourcing Locations – Cushman & Wakefield

The Philippines rose a notch to rank second among the most attractive global outsourcing locations on the basis of risks, costs and conditions, according to the latest report by global real estate advisor Cushman & Wakefield.

In a report entitled, “Where in the World? Business Process Outsourcing (BPO) and Shared Service Location Index,” Cushman & Wakefield noted that two of the Philippines’ strongest points would be the cost of labor and the availability of skilled, English-speaking workers.

“One of the most significant changes in the global BPO market is the emergence of the Philippines as the world’s global leader of BPO and shared services operations,” the report stated.

Last year, the Philippine IT-business process outsourcing posted more than 18 percent growth in revenues to an estimated $18.4 billion, supporting more than 1 million jobs as of end-2014.

“A demand for English proficiency from English speaking industrialized nations is more than met by the Philippines, which graduates some 470,000 English proficient college students every year and has a national English proficiency rating of 92.5 percent. The English dialect of the Filipino workforce is also well received in the US,” Cushman & Wakefield said in the report.

“The employability of its students also remains a key factor in the migration of operations from India, where some 30 percent of students are regarded employable compared to 10 percent in India. This gives the Philippines a competitive advantage in enabling companies to reduce investment in their in-house training programs, which can be tantamount to a significant overhead. In addition, it also came 82nd out of 146 in the Forbes ‘Best Countries for Business’ survey, outplacing both India and China,” it added.

Source: http://www.cushmanwakefield.com/en/research-and-insight/2015/business-process-outsourcing-location-index-2015/

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Starting up a Software and Creative Hub Digital Outsourcing Boutique

Fred Tshidimba, managing director of Eastvantage shared his exciting ventures in Expat Travel and Lifestyle Magazine Philippines. Read on as he harbors the days when living offshore and having an international working experience were just part of his dreams. And let's witness how he motivates his fellow expats to dream further as he shared the story behind "Starting up a Software and Creative Hub Digital Outsourcing Boutique". 

"I came to the Philippines three years ago with my wife and kids. We had always dreamed of having an international working experience, discovering new horizons and living in another continent. 

Manila was expecting us with a new challenge for my wife, who started teaching at the British School Manila, and myself, freshly promoted housedad after 10 years working in marketing management at Coca-Cola and Nestle. I didn’t know exactly what to expect but I was ready to experience Asia." - Fred

Click here for full story. 

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Getting Started with IT Outsourcing: Factors to Consider

Many businesses pursue IT outsourcing arrangements nowadays for various reasons. One of its primary reasons is cost reduction, especially during the previous years of recession. Next is that IT outsourcing can be a great way to achieve the desired expertise in information technology needed to deliver services more effectively. There are cases when internal IT consultants or staffs don’t have the desired skills, and sometimes IT leaders don’t have the resources that will help them quickly enough to meet the demands of the business. There are also organizations that devote much of their time more on the core competencies of the business rather than in the resources to the hiring process.

Click the link below to read more:

Getting Started with IT Outsourcing: Factors to Consider

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