Contrary to what the other foreign people say about this kind of business, still the Philippines springs from its economic slumber towards gradual economic growth and booms every now and then with a great deal, with a lot of advantages and with a lot of viewpoints to cushion the impact on influx and storage in the days ahead. It soars up to its greater heights because of the so-called outsourcing business in this country. It can’t be obliterated in the minds of Filipinos till the end of times.
Outsourcing business thrives gradually and booms tremendously in its economic sense and perspective today and continues till endless days to come beyond the times of industry survival and sustenance. The Philippine outsourcing sector has been steadily picking up a momentum over the past years. As of time, it seems to have reached a tipping point where the Filipinos are engaged in this business as part of day-to-day sustenance.
For the Filipinos who want to earn high paying jobs, outsourcing industry is on the uppermost priority to deal with. The reason for this is that any contract-center in the Philippines is oftentimes giving remuneration package, attractive package and benefits that awaken and perk up the enthusiasm or interest of every Filipino to be part in this booming “sunshine” outsourcing business.
Government and industry leaders want to catch sight of their country to take on more of the IT and business process outsourcing tasks that might provide and otherwise flow to the subcontinent. The Philippines' offshore market has tremendously grown 46 percent annually since 2004. The Southeast Asian country, especially the Philippines, emerged as the leading destination for outsourcing work. Today and beyond the times, the outsourcing business paves its way to the market globally. It spreads inevitably without caution beforehand. It caters to the needs of people in terms of telecommunication and other sort of information to come by.
Despite the economic problems that the Philippines is facing, it is unavoidable still that it encounters another problem. The nation itself faces the impact of notions and problems. It is the problem or notion that it can handle only call center and low-level services work.
Indeed, call center services account for about two-thirds of the US$6.8 million in professional services the Philippines exported last year. Although the government has expressed confidence and interest in expanding beyond voice-related services, the method or strategy could be more focused than it is at present. They are seeking more prospects, building up the infrastructure and spreading the industry throughout the country, but most people think they could position the IT industry better when selling the proposition. IT services companies in the Philippines, for example, could search for a niche serving mid-market corporations in the global market. That's not to say the Filipino outsourcing market has been stagnant.
We expect more jobs to come, more employments to come, not just today but beyond the times of occupations, work sustenance and existence. Just a few years ago, the BPO industry employed just 4,000 people. Today, 100 times as many people work in the industry, making the Philippines the second largest low-cost BPO destination in the world. The objective of industry leaders is to see 1 million Filipinos working in IT and business process outsourcing by 2010 so the Philippines can have expected 10 percent of the total global services market. The Filipinos pray to God always that outsourcing business never ceases. It must not stop today and must continue beyond the times of prolific sustenance.