Strategy: Philippines
We are bullish on the prospects of this economy as a premier sourcing destination.
Our view is that the Philippines is one of the top tier destinations for the next wave of outsourcing, which is perhaps the most significant top date in terms of the type of outsourcing and quality of work product being outsourced.
As we see a marked shift from historic deployments of data entry and voice work to more complex professional-grade sourcing of services, so we see how the clear support of government and investment in language, financial literacy skills will pay a high dividend for the economy of the Philippines.
As ITO and BPO grow closer together and the opportunity, necessity for blended solutions emerges, we feel that the Philippines is particularly well-placed to benefit from this growth. A key area of anticipated growth that draws on both ITO and BPO domain expertize is the Finance & Accounting discipline.
Notwithstanding even a significant downturn in the US economic cycle, we anticipate significant growth in this field and the benefits this will generate for the Philippines’ economy.
Contact us for further information or to discuss the role of the Philippines in your sourcing strategy.