The Philippines overtaking India in the BPO industry race has been a legendary milestone for the country. Outsourcing business has been a beneficial solution for both participating countries during the global recession. Despite the economic meltdown, the Philippines was able to maintain its competitiveness against other countries which is evidence that it will maintain its resilience amidst the upcoming economic crisis.
The Philippines’ BPO industry has been growing at approximately 45% a year. With the emergence of different outsourcing companies in the country, the revenue growth for call centers alone is expected to boom up to a minimum of 50% annually, according to PHILEXPORT trustee for the Information Technology industry.
The Association of Call Center Agents of the Philippines (ACCAP) has been formed to address issues regarding call center companies and help maintain the quality of work while doing efficient changes in the nature of BPO.
Robust 20-30 percent growth for non-voice sector is also expected while the contact center sector continues to contribute in the overall growth of the BPO industry. The country’s competitiveness will remain stable and will improve with the right aggressive training and recruitment of development programs.
Today, many voice and non-voice sectors in the Philippines offer extensive training to successful applicants while maintaining a work efficient environment. In the future, the Philippines can expect to move forward into leading both voice and non-voice sector of the BPO industry.
