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PH BPO Growth Driven by Healthcare, Shared Services Deals

by: Sarah Joson

Friday, February 14, 2014 | Outsourcing News |

Shared services hubs and healthcare segment contributors to fast BPO growth rate

According to the Chairman of the Information Technology and Business Process Association of the Philippines (IBPAP), Benedict C. Hernandez, the local services sector has been growing nonstop, and will continue to do so in the coming years. The executive identified the shared services hubs and the healthcare segment as key contributors to the industry’s fast growth rate.

These hubs are seen aligned with the trends - in fact, an IBM report not too long ago indicated that the Philippines is the best location for shared services.

He added that even with the disparity in size and scale of the sector, they still consider hyper-growth numbers that are in the 20-percent level every year. At present, there are nearly one million directly employed Filipinos in the sector, which is far from the growth projections of the organization.


Source:
http://www.businessmirror.com.ph/

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