- October 20, 2014
- Posted by: rizwantaj
- Category: News and Views, Premier BPO Philippines
The trend towards business process outsourcing is growing rapidly due to its significant benefits for companies of all sizes. As a result, virtually all BPO designated countries are striving to keep pace with increasing demand for BPO.
So when it comes to outsourcing, the Philippines is one of the most sought after destination. Recently the strategic offshoring firm Tholons ranked Philippines second only to Bangalore. This BPO classification was based on potential and capability of various regions for the BPO industry.
Latest Rankings of Some Important Philippines Cities
According to latest ranking statistics, some current rankings of different cities of Philippines are:
* Metro Manila replaced Mumbai for second position
* Cebu city move up to achieve the eighth position.
* Davao and Bacolod both moved up one spot. Their previous ranking was 71 and 94 respectively.
* Santa Rosa went to 82 from 84th position.
The latest rankings prove that the Philippines is real contributor towards the rapid growth of the BPO industry.
The outsourcing sector in the Philippines is steadily developing and has continuously improved through the years. Multilingual abilities and a competitive workforce in the country have strengthened its BPO industry. Also, the Department of Science and Technology-Information and Communications Technology Office (DOST-ICT) is dedicated to improve the BPO market in the country.
The “Next Wave Cities” program was introduced in order to get ideas of places in country which have the potential to become BPO sites.
The continuous efforts of Filipinos to improve BPO sector has allowed Philippines to become a top exporter of voice driven BPO in the world. No doubt competitive telecommunication, multilingual work force, latest technology, well management infrastructures and competitive salaries for workers have made Philippines one of the most promising destinations to outsource your business.