With the emergence of the Business Process Outsourcing (BPO) Companies here in the Philippines since the year 2000, it has been one of the biggest source of employment and revenue. The BPO industry generated almost half a million jobs and over $12 billion US revenues by year 2010.

The industry not only grew but also diversified. There is growth in all major areas of the industry such as voice-based BPO, non-voice business support and complex services and information technology. We have overtaken India by 20% in 2010 and the Philippines established itself as the largest in the world
and most-preferred destination for these kinds of services.

The Philippines thrived on these four important reasons, the country’s low labor costs, reliable technology and high level of English and IT skills. The high caliber services provided by the Filipinos at a very competitive rate is the reason why many multinational companies choose to offshore their services in the Philippines, specifically their main operations.

True to this, Filipinos are easy to train, have a strong work ethic and is articulate in pronunciation and diction. These are just some of the advantages we have over our competitors considering that the main clients in the BPO industry are US companies and among the countries in the Asian region, the Philippines have the highest availability of skilled labor.

 

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