Philippines IT Industry, Philippines IT Market, Philippines IT Market Research Report, Philippines IT Industry Research Report : ken Research
In accordance with International Data Corporation (IDC), the Philippines IT Market spending was observed to be majorly skewed towards hardware components, with more than ~% of all IT spend from enterprises focused on purchasing devices such as PC, laptops, smart phones, tablets and others. To know more, click on the link below:
https://www.kenresearch.com/technology-and-telecom/it-and-ites/philippines-it-industry/184012-105.html
In accordance with International Data Corporation (IDC), the Philippines IT Market spending was observed to be majorly skewed towards hardware components, with more than ~% of all IT spend from enterprises focused on purchasing devices such as PC, laptops, smart phones, tablets and others. To know more, click on the link below:
https://www.kenresearch.com/technology-and-telecom/it-and-ites/philippines-it-industry/184012-105.html
How philippines it-bpo market is positioned? • Business Process Outsourcing (BPO) is the means of farming out business tasks and processes, usually to a third party service provider, who later on off-shore their labor-intensive operations to the domestic country. In the Philippines, several organizations were observed to outsource a wide range of internal office function such as accounting, IT services, HR service, quality assurance and payment processing. The 90’s in the Philippines saw emergence of several companies such as Accenture and Sykes who set up call centers, with jobs being outsourced from outside the Philippines, especially from the US. In accordance with the Philippines Department of Transportation and Communications, the country has grown from weak infrastructure, limited broadband access and insufficient regulatory support to increasing number of private internet service providers and higher broad-band speeds ranging from 20-45 mbps for voice across the nation. The BPO boom in the Philippines is not led by traditional low value added call centers but by high end outsourcing or KPOs.
• . The Philippines IT-BPO market revenues were evaluated at PHP ~ billion in the year 2012. Filipino employees were observed to be more fluent towards speaking western accented English as compared to their Indian counterparts. Additionally, they carry patience, a trait which comes in handy while facing annoyed customers. Their close affinity towards western culture coupled with high problem solving capabilities makes them unique in terms of skilled workforce. The country’s IT-BPO market revenues increased from PHP ~ billion in 2013 to PHP ~ billion in 2014, thus showcasing a high growth rate of ~%.The Government of the Philippines was witnessed to make key legislative changes in order to favor international MNCs that were looking to outsource work to the Philippines. For instance, Data Privacy Act, which puts into place stringent international quality data privacy standards, thereby ensuring that sensitive information being handled on a regular basis remains secure. Some of the major IT-BPO/BPM companies operating within the Philippines include Accenture, Convergys, JPMorgan, Sutherland Global Services Philippines, 24/7 Customer Philippines, Sitel, Telephilippines Inc, TeleTech Offshore Investments and others.
- Page 1 and 2: Competitive Landscape Of Philippine
- Page 3: Philippines Hardware Market Segment
• . The <strong>Philippines</strong> <strong>IT</strong>-BPO market revenues were evaluated at PHP ~ billion<br />
in the year 2012. Filipino employees were observed to be more fluent<br />
towards speaking western accented English as compared to their Indian<br />
counterparts. Additionally, they carry patience, a trait which comes in<br />
handy while facing annoyed customers. Their close affinity towards<br />
western culture coupled with high problem solving capabilities makes<br />
them unique in terms of skilled workforce. The country’s <strong>IT</strong>-BPO market<br />
revenues increased from PHP ~ billion in 2013 to PHP ~ billion in 2014,<br />
thus showcasing a high growth rate of ~%.The Government of the<br />
<strong>Philippines</strong> was witnessed to make key legislative changes in order to favor<br />
international MNCs that were looking to outsource work to the<br />
<strong>Philippines</strong>. For instance, Data Privacy Act, which puts into place stringent<br />
international quality data privacy standards, thereby ensuring that<br />
sensitive information being handled on a regular basis remains secure.<br />
Some of the major <strong>IT</strong>-BPO/BPM companies operating within the<br />
<strong>Philippines</strong> include Accenture, Convergys, JPMorgan, Sutherland Global<br />
Services <strong>Philippines</strong>, 24/7 Customer <strong>Philippines</strong>, Sitel, Telephilippines Inc,<br />
TeleTech Offshore Investments and others.
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