One of the top-of-mind global business process outsourcing (BPO) hubs in the world, the Philippines has a dynamic and fast-rising IT-BPO industry. This makes the country an attractive location for quality IT and software services for many international companies in the United States, United Kingdom, Australia, and other countries.
Below is the list of advantages you can enjoy when you outsource your company’s IT functions to the Philippines.
1. Lower labor cost yet efficient workforce
Compared to other countries in the world and even in Asia, the Philippines is one of the most cost-effective destinations for IT because of the low wages but high-quality services. Salaries there can go as low as 10% to 20% of those in the United States. Despite that, Filipino workers are known globally for their competence, perseverance, and efficiency.
2. Access to IT experts with excellent skills
If you are looking for real talents in the field of information technology, the Philippines is one of the best places to find them. IT professionals are trained well in terms of technical skills, as there are a lot of good IT and business schools in the country.
3. English proficiency and high literacy rate
The competitive advantages of the Philippines compared to its Asian neighbors are the Filipinos’ English speaking ability and high literacy rate. A workforce that can communicate well in English is an asset to any global company.
4. Know-how in global processes, systems, and standards
The outsourcing industry in the Philippines has shaped and improved Filipinos’ global viewpoint and expertise in international processes and systems.
Thus, it is no wonder that in the recent years, there has been a steady increase in outsourcing to the Philippines of IT services such as software and application development, programming, network management, systems management, database management, helpdesk, and backup.