In an effort to stay competitive in today’s aggressive economy, companies are turning more and more to offshore outsourcing. The following are reasons why companies are turning to the Philippines for their offshore outsourcing needs.
• The cost savings, between 20% to 40%, represents a significant, sometimes in millions of dollars for these companies.
• Offshore outsourcing can mean your business is working for you 24 hours a day because of the difference in time zones.
• The Philippines has a vast talent pool of English speaking college graduates due its very high literacy rate of ninety-two point six percent (92.6%) and its more than eighty-six (86) IT universities and colleges nationwide.
• Filipinos fluently adopt accents and taxonomy, easily grasping American idioms and usage.
• Education, business, medicine and government use English as the official language.
• The Philippines is the most Westernized country among all Asian countries that provide offshore outsourcing, studies show.
• As a former US colony, its education and political systems were patterned after those of the United States, and their admiration for all things American goes beyond just mere socio-political structure.
• The Philippines has benefitted from having housed two decommissioned US military installations, Clark Air Force Base and Subic Naval Port. The country has outstanding trans-pacific communication infrastructure with a exceptional amount of voice/data communication bandwidth.
• The country is recognized as having one of the best telecommunication infrastructures in the whole Asian region, emerging as the top location for off shore outsourcing companies. Your offshore outsourcing partner in the Philippines can now be managed via videoconferencing links, internet-based collaboration tools, and standardized business application.
• Filipinos are healthier, more loyal to their employers, and have better language skills than all other offshore outsourcing countries such as India, according to recent studies by Kelly Services recent study in partnership with Singapore-based ACA Research, Inc. The same study shows that Filipinos take less time to train, which means foreign-based employers spend less for training.
With its capabilities, knowledge, language, the culture, and the infrastructure, the Philippines offers the best possible environment for achieving your organizations offshore outsourcing goals.
