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News Archives 2005


The Cost-Killer in Manila

(February 7, 2006 - BusinessWeekonline) - The challenges of the global economy are nothing new to Baker & McKenzie. The law firm opened its first foreign office -- in Caracas -- in 1955... Read More


Fortune 20 Co. Extends CRM Deal with TeleTech

(February 7, 2006 - GlobalSourcingNow) - TeleTech, the US-headquartered CRM services provider, has announced the extension of its contract with a Fortune 20 financial services company through 2009... Read More


Convergys to Provide Billing Svcs to OTE

(February 7, 2006 - GlobalSourcingNow) - Convergys, a US-headquartered CRM services provider, has been awarded a multi-year licensing, support, and maintenance contract with the Hellenic... Read More


General Motors Awards $15Bn IT Services Deals

(February 6, 2006 - GlobalSourcingNow) - General Motors has awarded contracts to several IT service providers to support its extended global enterprise with systems integration services program over the next five years... Read More


Labor Arbitrage Key Factor for Offshoring - Report

(February 6, 2006 - GlobalSourcingNow) - According to a recent report by Everest Research, labor arbitrage, one of the main factors for cost-saving in the offshore outsourcing model, will continue to drive most of the offshore outsourcing deals for the next thirty... Read More


Accenture to Increase Presence in India, China, Philippines

(February 6, 2006 - GlobalSourcingNow) - Accenture will double its presence in the frontline outsourcing destinations of India, China and the Philippines from the current 24,000 to about 50,000 over the next three years. The move would result in a major expansion drive in India... Read More


Dell to Expand Its Operations in India Market

(January 31, 2006 - New York Times) - Dell, the PC maker, will open a fourth call center in India, add 5,000 employees to its current 10,000 workers and begin manufacturing computers here, the company said Monday... Read More


Cebu more attractive than Manila for BPO firms -- solon

(January 29, 2006 - INQ7.net) - Cebu is a more cost-effective place to set up a business process-outsourcing company compared to Metro Manila, said Cebu representative Eduardo Gullas... Read More


Wipro may bag General Motors`s IT outsourcing contract

(January 25, 2006 - IRIS NEWS DIGEST) -Infotech major Wipro Technologies may bag a large chunk of General Motors` $1.8bn IT outsourcing contract, reports Business Standard. Currently, the contract is up for renewal since... Read More


Employee Retention in Indian IT & BPO Sector Major Issue – Watson Wyatt

(January 24, 2006 - GlobalSourcingNow) - According to Watson Wyatt, the US-based HR consultancy firm, the high rate of attrition of employees in India's IT outsourcing and BPO sector has become one of its major challenges... Read More


Cebu pushed as another global outsourcing hub

(January 23, 2006 - Manila Bulletin Online) - Cebu Rep. Eduardo Gullas wants national economic development planners to further build up Cebu as a global business process outsourcing... Read More


Baker & McKenzie given recognition for its offshoring work in the Philippines

(January 22, 2006 - digitalfilipino) - Baker & McKenzie scooped two awards at this year's Legal Technology Awards with the Firm's global CIO, Sue Hall, named as IT director... Read More


Pinoy software engineers cater to top Japanese, global IT firms

(January 16, 2006 - The Manila Bulletin Online) - Filipino software engineers develop and implement some of the most sophisticated business applications, embedded systems and quality assurance as well as verification services for top Japanese firms and global information technology companies... Read More


E-Services Philippines, IT Expo set in February

(January 16, 2006 - The Manila Bulletin Online) - The 6th E-Service Philippines, an annual conference and exhibition organized by the Center for International Trade Expositions and Mission (CITEM), will be held on February 16-17 at the EDSA Shangri-La Hotel... Read More


Contract Renewals to ‘Affect The Big Six of Outsourcing’ – TPI

(January 14, 2006 - GlobalSourcingNow) - According to the Quarterly Index published by TPI, a Texas-headquartered outsourcing advisory firm, about USD 100 billion worth of outsourcing contracts from all across the world are due for renewal... Read More


Indian IT Outsourcing Firms to Post Strong Profits for 3Q – Survey

(January 14, 2006 - GlobalSourcingNow) - A Reuters poll of 10 brokerages estimates the growth in the quarterly profits of Indian IT and outsourcing services companies to be between a minimum of 8.3 percent and a maximum of 56.9 percent... Read More


BPO earnings expected to grow 52%

(January 13, 2006 - itmatters.com.ph) - The country’s business process outsourcing (BPO) industry will generate a total of 1.2 million jobs and $12.4 billion in sales by 2010 from the present total workforce of 233,00 and $2.5 billion in annual sales, according to a latest joint forecast from the government and the private sector... Read More


PeopleSupport Acquires Rapidtext, Moves into Transcription Svcs

(January 13, 2006 - GlobalSourcingNow) - PeopleSupport, a Philippines-based BPO services provider, has acquired both Rapidtext and its subsidiary The Transcription Company, US-based transcription and captioning service providers... Read More


RP animation industry shifting to 3D

(January 12, 2006 - INQ7.net) - The country’s animation business is experiencing a shift from the traditional two-dimensional drawing to 3D animation, brought about by the onset of more demand for 3D animators for Hollywood movies and the use of 3D images in television shows... Read More


RP BPO industry forecast to grow $12.4B in 2010

(January 12, 2006 - INQ7.net) - The Philippine business process outsourcing industry is set to grow to 12.4 billion US dollars by 2010, slightly higher than previous forecasts of 10 billion US dollars, according to a joint forecast from the Business Process Outsourcing Association of the Philippines, the Bureau of Investments, and the Commission on Information and Communications Technology... Read More


Outsource consultant gets executives to blog

(January 10, 2006 - INQ7.net) - OUTSOURCE consultancy company Outsource2Philippines (O2P) recently introduced a blog section in its website (www.outsource2philippines.com) that feature articles and analyses by IT industry analysts... Read More


Outsourcing Increase Creates 41,000 New Jobs in Philippines

(December 30, 2005 - GlobalSourcingNow) - According to the Commission on Information and Communications Technology (CICT), ICT-related services have created around 41,000 new jobs in the Philippines in the first nine months of 2005 ... Read More


Fujitsu to expand software development operations

(December 28, 2005 - INQ7.net) - Fujitsu Philippines Inc. (FPI) is set to hire 200 to 300 software developers to man its operations in a newly leased office in Net Square, a new information technology building developed by 18-2 Property Holdings Inc., in Bonifacio Global City, Taguig, its president told INQ7.net... Read More


Global Outsourcing to Touch $300Bn by ‘10 – NASSCOM-McKinsey

(December 24, 2005 - GlobalSourcingNow) - The Indian National Association for Software and Service Companies (NASSCOM), a trade lobby, and McKinsey have jointly released a report assessing the change in the IT and BPO market and setting an agenda for the next few years... Read More


Benefits Outsourcing may Deliver up to 17% Cost Reductions - ADP

(December 20, 2005 - GlobalSourcingNow) - ADP, a US-based payroll and HR outsourcing services provider, has released a study on the cost of ownership for health and welfare benefit administration... Read More


India to Strengthen Outsourcing Data Protection Laws by 2006

(December 19, 2005 - GlobalSourcingNow) - The President of National Association of Software and Services Companies (NASSCOM), an India trade lobby, has stated that the country's laws regarding data protection in the outsourcing services sector will be overhauled, in order to improve security... Read More


Client Business-Value to be New Yardstick for Outsourcing Svcs: Unisys

(December 16, 2005 - GlobalSourcingNow) - Unisys, the US-based IT solutions and services provider, has released a study on the anticipated major trends in the outsourcing market. The study foresees diminishing negative political rhetoric surrounding outsourcing, amidst continued steady growth of outsourcing business... Read More


24/7 Customer Opens New Center to Support Aviva

(December 15, 2005 - GlobalSourcingNow) - 24/7 Customer, a Indian CRM services provider, has announced the establishment of a new 1,700 seat facility in Bangalore, India to offer services in life and motor insurance... Read More


Brazil’s CPM Wins $7M European Deal

(December 8, 2005 - GlobalSourcingNow) - CPM, a Brazilian IT services firm, has been awarded a USD 7 million outsourcing contract with a major European bank... Read More


HSBC Opens New $31M Service Center in Sri Lanka

(December 7, 2005 - GlobalSourcingNow) - HSBC, the London headquartered financial services provider, has launched a new USD 31 million service center in Colombo, Sri Lanka... Read More


JPMorgan to Expand Presence in India

(December 6, 2005 - GlobalSourcingNow) - JPMorgan Chase is expected to enhance its presence in India by hiring around 4,500 graduates over the next two years. The bank is expanding its presence in the country to tap the high quality labor resource and also realize cost savings... Read More


Reports & Surveys...

(December 2, 2005 - GlobalSourcingNow) - According to a joint study by Techtel and Fresh Perspectives, existing IT outsourcing contracts worth USD 100 billion are expected to end in the next three years. The study, based on a survey of 600 enterprise IT buyers and 18 IT outsourcing services providers ... Read More


Indian State to Investment INR100BN for BPO Development

(December 2, 2005 - GlobalSourcingNow) - The Government of the State of Punjab, a North Indian province, has announced that it has earmarked an INR 100 billion fund for the facilitation and growth of BPO sector in the state ... Read More


The Philippines Modifies Rules on IT Zone Status

(November 28, 2005 - GlobalSourcingNow) - The Philippines Economic Zone Authority (PEZA) has announced modifications in its rules for granting IT zone status to buildings in and around the region of Metro Manila. PEZA has... Read More


TeleTech Acquires Philippines-based FinSource

(November 18, 2005 - GlobalSourcingNow) - TeleTech Holdings, a US provider of customer management and BPO services, has acquired FinSource, a Philippines-based call center services company... Read More


Philippines offers lowest living costs for expats--survey

(November 14, 2005 - inq7.net) - The Philippines has the lowest living costs for expatriates, according to a survey of 32 countries... Read More


US Slowdown to Adversely Affect Indian Outsourcing Revenues

(November 7, 2005 - GlobalSourcingNow) - According to IDC, a US-based research firm, a decline in IT spending in the US along with continued high oil prices may adversely affect outsourcing industry of... Read More


Telesource Selects WinSource for CRM Services

(November 7, 2005 - GlobalSourcingNow) - Telesource, a US-based construction firm, has selected WinSource, a Philippines-based CRM provider, for providing call center... Read More


Labor Shortage to Hit Indian Call Center Industry – Gartner

(October 31, 2005 - GlobalSourcingNow) - According to Gartner, the existing shortage of skilled professionals faced by Indian BPO service providers may result in the country losing its competitive advantage... Read More


Rapid Growth of BPO Offers Huge Opportunity for the Philippines

(October 29, 2005 - GlobalSourcingNow) - According to an IDC study titled 'Worldwide and U.S. BPO 2005-2009 Forecast: Market Opportunities by Horizontal Business Functions', the worldwide BPO market... Read More


Data Theft in India is a warning flag for the Philippines

(October 28, 2005 - GlobalSourcingNow) - Two employees of an Indian BPO firm located near New Delhi have been arrested on charges ... Read More


China initiative in Software and BPO offers an Opportunity and a Threat...Which will it be for the Philippines?

(October 28, 2005 - GlobalSourcingNow) - The Chinese Ministry of Commerce has announced a list of measures aimed at promoting the country's software export and BPO industry. The measures were announced at the Second Xi'an International BPO... Read More


PeopleSupport 3Q ‘05 Revenues Increase 37% to $16.3M

(October 27, 2005 - GlobalSourcingNow) - PeopleSupport has reported a 37 percent increase in its 3Q 2005 revenues to USD 16.3 million as compared to 3Q... Read More


Survey shows low turnover, higher-than-expected hiring in ITES sectors

(October 24, 2005) -A recent survey suggested that turnover is lower and hiring rates higher in the IT-enabled services (ITES) industry than generally presumed by the industry... Read More


Some thoughts on Sunday newspaper ads for Call Center Personnel

(October 24, 2005) - Every Sunday I do a quickie review of the "Job Market" sections of the PDI. I have had the feeling during the past few weeks that things aren't going so well for the call centers in their recruitment efforts. For example, eTelecare today offered free tickets to an MTV show... Read More


The New New Economy: Earning Real Money in the Virtual World

(October 20, 2005 - Wharton) - Take a trip to Lusk and you will find a sign for a classic wood dining set for $250. Walk or fly around Luskwood and you will find what looks like an up-and-coming development with a few properties for sale. Land is also available in Ahern, Dore and Morris, and property values are surging... Read More


No Takers for Labor Unions in Indian BPO Sector

(October 18, 2005 - GlobalSourcingNow) - An attempt by one of India’s most prominent trade union to form a labor union to encompass BPO and call center workers under its fold has failed to ... Read More


Standardized Tests for BPO / Call Center Hiring in India: NASSCOM's Initiative being Adopted on a Pilot Basis

(October 18, 2005 - NASSCOM) - A sea change has been triggered in the recruitment process of BPOs, thanks to NASSCOM's initiative to conduct a single national level exam for entry-level jobs at BPO's. Come next year... Read More


AIG Invests $30M in TRG

(October 05, 2005 - GlobalSourcingNow) - AIG Capital, the US-based private equity investor, has invested USD 30 million in The Resource Group (TRG), a US-based BPO solutions provider, through... Read More


HCL BPO Plans to Diversify from Voice-Based Svcs

(October 04, 2005 - GlobalSourcingNow) - HCL BPO Services, an Indian BPO services provider, plans to acquire a company which manages claims, undertakes billing and record-keeping work for health insurance companies, in a move to diversify from voice-based services... Read More


Infotech Wins EUR 45M Engineering Deal from Alstom

(October 03, 2005 - GlobalSourcingNow) - Alstom Transport, a subsidiary of French engineering firm Alstom, has outsourced its engineering design work to Infotech... Read More


Telecoms Outsourcing goes to India....Is the Philippines on the Line?

(October 01, 2005) - Orange is likely to outsource about 700 jobs from its UK unit to India by the end of 2005. The decision follows successful... Read More


Hurricane Scare Keeps Offshore BPOs Busy

(September 28, 2005 - GlobalSourcingNow) - The twin hurricanes that hit the US coast in close succession has resulted in a large scale increase in the amount of call center activities handled from offshore locations... Read More


Orange may Offshore 700 Jobs to India

(September 26, 2005 - GlobalSourcingNow) - Orange, the European mobile phone operator, is likely to outsource 700 jobs from its UK unit to India by... Read More


US IT Offshoring Expenditure to Reach $14.7Bn by ‘09 – IDC

(September 23, 2005 - GlobalSourcingNow) - According to a report by IDC, the US offshore IT services market is expected to nearly double in size to an estimated USD 14.7 billion by 2009, driven by growth in specific... Read More


TCS to Set Up Global Development Center in Brazil

(September 19, 2005 - GlobalSourcingNow) - Tata Consultancy Services (TCS), the Indian IT services company, will set up a new global development center in Brazil to facilitate its USD 260 million outsourcing order from ABN AMRO... Read More


Reports & Surveys...

(September 16, 2005 - GlobalSourcingNow) - After targeting India and the Philippines as the prime destinations for offshoring technology and call-center jobs, major US companies are increasingly looking towards Latin America to meet their 'nearsourcing' requirements. Dell and Procter & Gamble (P&G) are some of the major MNCs heading to the Latin American countries to source such services... Read More


Call center revenues to hit $1B by yearend

(September 16, 2005 - GlobalSourcingNow) - According to a recent survey by PricewaterhouseCoopers (PwC), India has emerged as the best choice for offshoring financial services globally. However, PwC warned that China could overtake India in about three years' time. India took the first spot among 156 companies surveyed worldwide as the top destination for off-shoring ... Read More


Call center revenues to hit $1B by yearend

(September 9, 2005 - BusinessWorld) - The consolidated revenues of call center companies is expected to hit $1 billion by year-end from $800 million last year, while industry seats will reach 100,000 from present 72,000... Read More


Indian IT Exports to Touch $50Bn by ‘09 – NASSCOM

(August 26, 2005 - GlobalSourcingNow.com) - According to NASSCOM, the Indian software and BPO services industry is set to achieve the USD 50 billion export target by 2008-2009... Read More


Philippine Call Center Sector To Grow 50%-70% In 05: Exec

(August 26, 2005 - yahoo.com (finance)) - The call-center business in the Philippines will continue to grow robustlyin the coming years, albeit at a slower pace than that of the past five years, an industry executive said Wednesday... Read More


India to have Entrance Exam for IT, BPO Candidates

(August 24, 2005 - GlobalSourcingNow.com) - India has launched a national entry examination scheme aimed at improving the quality of employees recruited into call center and IT positions in the country's booming offshore outsourcing industry... Read More


CCAP Event Draws Large Numbers and Offers Diverse Opportunities

(August 24, 2005) - CCAP (Contact Center Association of the Philippines) has addressed the needs of its 24 member companies, by hosting the 2-day event - billed as a Conference, Exhibit, and Job Fair... Read More


SMEs to Boost IT Services in Asia

(August 22, 2005 - GlobalSourcingNow.com) - According to a study by Access Markets International (AMI) Partners, a US-based firm specializing in IT research, the Small and Medium Enterprises (SMEs) are expected to fuel the growth for the IT sector across... Read More


IBM Opens Dedicated IT Services Research Center in Bangalore

(August 19, 2005 - GlobalSourcingNow.com) - IBM has opened a research
center in Bangalore, India which would purely concentrate on services,
in an effort to promote innovation in the IT services arena...
Read More



ABC Unearths Another Call Center Fraud In India

(August 17, 2005 - GlobalSourcingNow.com) - The Australian Broadcasting Corporation (ABC), Australia's public broadcaster, has alleged that employees of a Gurgaon, India based call center are illegally selling personal information of thousands of Australians... Read More


Outsourcing Moving Towards Global Integration

(August 15, 2005 - GlobalSourcingNow.com) - According to outsourcing experts, MNCs especially US firms are looking at bringing their customer-facing people together with Indian software service providers and Chinese manufacturers ... Read More


Survey Identifies key BPO Areas in the UK

(August 12, 2005 - GlobalSourcingNow.com) - According to a survey by TPI 8 out of 10 'large' UK companies plan to boost offshore outsourcing to reduce costs, as the process matures. The survey, which questioned 100 executives, found eighty one of respondents to be willing... Read More


Telecom Industry Leads Outsourcing Engagements - Study

(August 12, 2005 ) - According to an IDC study, outsourcing is expected to grow at a CAGR of 3.3 percent through 2009, due to significant contributions from the healthcare, transportation, utilities, and banking industries... Read More


The Hype over Skype: Can It Go the Distance?

(August 12, 2005 - knowledge.wharton.upenn.edu) - Although Skype, which provides Voice over Internet Protocol (VoIP) telephony services and PC-to-PC calling, turns two years old on August 29, it remains unclear what kind of business this relative newcomer will turn out to be... Read More


Dell to set up global customer contact center in RP

By Erwin Lemuel Oliva

(August 11, 2005 - www.inq7.net) - COMPUTER vendor Dell announced on Wednesday that it would open its global customer contact center in the Philippines early next year... Read More


High End Svcs can Help Troubled Indian BPOs

(August 11, 2005) - Even as a number of small and medium BPO enterprises in India are increasingly coming under the threat of closure because of pricing pressures, a move to provide high end solutions like marketing and financial analytics could help the companies sustain themselves... Read More


Nearshoring Gains Popularity as Offshore Outsourcing Falls

(August 9, 2005) - The hidden costs of communications, management and security breaches with offshore outsourcing are forcing companies to evaluate more risk free options... Read More


BPO Decisions Make or Break a CIO’s Career

(August 5, 2005 – www.offshoringdigest.com) - An interesting article in Computerworld explains exactly how contracting the services of a BPO could mean a star in a CIO’s resume. BPO, the article states, could also stand for “Big Political Opportunity.”... Read More


Public sector outsourcing costs double the private spend

(August 3, 2005 – www.computerworld.com) - A recent study has found government agencies are consistently spending more on managing outsourcing contracts than the private sector... Read More


Public Sector Spends More than Pvt on Outsourcing Management - Study

(August 3, 2005 – www.globalsourcingnow.com) - According to a study by ITNewcom, the Australian consultancy firm, government agencies spend more on managing outsourcing contracts than the private sector... Read More


Outsourcing will grow: Study

(August 2, 2005 – www.rediff.com) - Global expenditure on outsourcing services will continue to rise, 'back-sourcing' will become minimal, client control will increase along with their ability to manage contracts, and any existing 'fear' of outsourcing will soon dissipate... Read More


BPO: Big Political Opportunity
Business process outsourcing gives CIOs a chance to lead
By Mary Brandel

(August 1, 2005 – www.computerworld.com) - In the past few months, Peter Baker has conducted interviews with a handful of business process outsourcing (BPO) providers and invited a couple of them back to Emcor Group Inc.'s headquarters for further conversation... Read More


Gateway to north bids to become industry hub

By Trina A. Lagura

(August 1, 2005 – www.inq7.net) - HIS vision to make Valenzuela an industry hub of the country might be too ambitious, but Mayor Sherwin Gatchalian believes the city is fated to become one in 10 years... Read More


Top Management Interaction Can Improve BPO Deals-Study

(August 1, 2005 – www.globalsourcingnow.com) - According to a study released by LogicaCMG, one of the most important factors contributing towards a successful outsourcing initiative is the involvement of the higher management, without which one-third of outsourcing deals can fail... Read More


SAP bucking inconducive local business environment

By Melvin G. Calimag

(August 1, 2005 – www.mb.com.ph) - The impression of instability brought about by the volatile political situation in the country seems not to be affecting the revenue of software vendor SAP as its local subsidiary reported rosy figures for the first half of the year, with major client wins to boot... Read More


eTelecare named top outsourcer

(August 1, 2005 – www.mb.com.ph) - eTelecare Global Solutions, the leading Asia-based call center, affirmed its position as one of the world’s leading service providers with top rankings on two 2005 Top Outsourcer lists of ContactCenterWorld.com, the leading on-line resource site for the contact center industry around the world... Read More


NEDA sees new investments to drive economic growth

By Edu H. Lopez

(August 1, 2005 – www.mb.com.ph) - The government is optimistic that the Philippine economy will further accelerate driven by greater investment, improved infrastructure, new opportunities in specific industry sectors and improved conditions in the agriculture industry... Read More


Software firm names head

(August 1, 2005 – www.mb.com.ph) - Software industry veteran Fermin Taruc has been named Managing Director of Gurango Software, the first and only full-service support system for Independent Solution Vendors (ISVs) in the Microsoft Business Solution (MBS) global eco-system... Read More


Convergys, Whirlpool Sign HR Business Services Deal

(July 29, 2005 – www.globalsourcingnow.com) - Convergys, the US-headquartered customer care, HR, and billing services company, has been selected by Whirlpool as its HR BPO service provider... Read More


IT Hiring in US to Rise – Gartner

(July 28, 2005 – www.globalsourcingnow.com) - According to a study by Gartner, 63 percent of companies in the financial services industry plan to add IT staff over the next 12 months, a greater percentage than in any other sector. The sector is expected to be followed closely by the government sector, with 62 percent of US public, nonprofit organizations planning to grow their technology headcount... Read More


Lack of Preparation Common Point of Outsourcing Failure

With Jim Foreman, PMP, the vice president of client solutions at ESI International

(July 28, 2005 – www.itbusinessedge.com) - Question: Deloitte Consulting LLP's study "Calling a Change in the Outsourcing Market" found that 70 percent of participants have had significant negative experiences with outsourcing projects... Read More


Philippine Stock Exchange names former Supreme Court justice as chairman

(July 28, 2005 – inq7.net) - THE PHILIPPINE Stock Exchange said its board has elected retired Supreme Court associate justice Jose Vitug as its new chairman. Vitug replaces Peter Favila, who was recently appointed by President Gloria Arroyo as the new secretary of the Department of Trade and Industry.. Read More


Success Measurement Important for Outsourcing Deals- Study

(July 27, 2005 – www.globalsourcingnow.com) - According to a study by Cutting Edge Information, the worldwide outsourcing business has reached more than USD 350 billion with several deals exceeding USD 1 billion. Cutting Edge Information is a US-based research firm... Read More


Indian IT Players Facing Stiff MNC Competition

(July 26, 2005 – www.globalsourcingnow.com) - The Indian IT services companies who have largely dominated the offshore services segment are facing intense competitions from MNC’s like IBM and Accenture who are increasingly looking at making the country a base for providing such services... Read More


Financial Services Outsourcing to Increase Rapidly – Study

(July 26, 2005 – www.globalsourcingnow.com) - According to a survey conducted by EDS and the Economist Intelligence Unit (EIU), regulatory pressures and increasing competition in the financial services market are forcing executives to scrutinize their current business processes and adopt new operating models to gain greater operational clarity and maximize efficiency... Read More


Do Your Homework: Know Your Offshore Options

(July 25, 2005 – www.informationweek.com) - One of the biggest challenges for small and midsize businesses that want to place IT work offshore is finding a reputable provider. While large companies typically have entire departments dedicated to identifying and vetting contractors, most smaller companies don't have such in-house expertise... Read More


Procurement Offshoring to Grow Further- NASSCOM

(July 25, 2005 – www.globalsourcingnow.com) -According to a study by NASSCOM, an Indian association of IT and ITeS providers, procurement outsourcing will emerge as one of the best businesses in India. NASSCOM has estimated global procurement spending to increase from USD 1.7 billion in 2004 to an estimated USD 2.2 billion in 2005... Read More


Globalization Leading to Outsourcing- Indian PM

(July 25, 2005 – www.globalsourcingnow.com) -According to Indian Prime Minister Manmohan Singh, outsourcing is a logical outcome of the process of globalization. The Indian Prime Minister on a four-day visit to the US, urged US companies to work together with India to ensure that the process is moved forward... Read More


Offshoring No Longer Affecting US Wages – Study

(July 25, 2005 – www.globalsourcingnow.com) - According to a study by Foote Partners, a US-based general, IT compensation and workforce management research firm, offshore outsourcing is no longer having a profound effect on the wages of US IT professionals... Read More


GlobeQuest supports Cebu’s drive to become next ICT hub
Rolls out more hotspots in Cebu City, Ayala malls
By Red R. Samar

(July 22, 2005 – www.mb.com.ph) - SGlobeQuest, the corporate business group of Innove Communications Inc., is bullish on the transformation of Cebu as the next hub for information and communications technology (ICT) services in the country by continuously expanding its data networking capabilities and upgrading its service offering to businesses and companies operating in the province ... Read More


Oracle Phils. bares mid-market strategy
By Edu H. Lopez

(July 22, 2005 – www.mb.com.ph) - Small and medium enterprises are facing challenges on how to further cut costs in doing business, simplify the deployment of their IT infrastructure and how to integrate different applications. They are also looking for complete solutions to solve real business needs and not technology for business sake.
...
Read More



BPO: Can RP ride the next outsourcing wave?

By Melba Jean Bernad

(July 21, 2005 – www.itnetcentral.com) - DURING the past decade 15 years, standards such as Java, Windows, and TCP/IP have made it much easier to outsource various aspects of IT, spawning a huge IT outsourcing industry.. Read More


Can India weather it? BPO Storm

(July 21, 2005 – www.itbusinessedge.com) - The week that’s gone by has been action-packed with an international sting operation aimed specifically against the Indian BPO industry forcing the Indian government and private sector to take a hard look at whether their own backyard is in order. Both have responded swiftly to this wake-up call that threatens to hurt the country’s cash cow. How effective the soul-searching has been remains to be seen... Read More


Europe could Face IT Skills Crisis by ‘06- Forrester

(July 21, 2005 – www.globalsourcingnow.com) - According to a report by Forrester Research, Europe could be face an IT skills crisis by 2006, as fewer graduates come into the profession and the type of corporate IT personnel needed by companies is changing rapidly... Read More


New EU Data Retention Rules may Affect BPO Operations

(July 21, 2005 – www.globalsourcingnow.com) - The EU justice ministers are planning to adopt a new data retention legislation, in the wake of the recent London attacks, which might have an adverse impact on offshore BPO service providers based in countries like India... Read More


Is Offshoring Demand Sustainable?

(July 21, 2005 - www.outsourcing-journal.com) - Offshoring has become a proven business strategy because of its profound effects on both buyers and suppliers. Buyers are seeing dramatic savings by offshoring. Our May 2005 analysis found that buyers typically achieve over 30 percent net savings when they send work to a lower cost location... Read More


A Rising Asia

(July 21, 2005 - www.forbes.com) - The outlook for stability and continuing economic growth in Asia has never been better. The danger of war across the Taiwan Strait has lessened. Even though China gave notice in March in its anti secession law that it would use "non peaceful means" to stop Taiwan if it moved toward independence, the U.S. and Japan had earlier issued a statement declaring Taiwan to be one of their joint strategic interests. The stakes are high for both sides--neither can back off. The U.S. has made clear that it will defend Taiwan's status quo. Status quo happens to be what China wants for the many years it needs to become a developed nation... Read More


Innovation to drive outsourcing

(July 21, 2005 - www.vnunet.com) - Innovation not cost reduction will be the main reason successful firms outsource IT jobs over the next decade, according to analyst firm Forrester... Read More


Peoplesupport Moves into RP HQ

(July 20, 2005 – www.kalakalan.info) - Success for yet another Philippines-based call center! PeopleSupport has just announced the completion of its operational migration to its new Philippine regional headquarters, the PeopleSupport Center... Read More


Accenture To Invest $100 Million In Info Management Services

(July 20, 2005 - www.outsourcingpipeline.com) - Consulting giant Accenture said Tuesday that it will invest $100 million over the next three years to build out the information management services it offers clients, and named a new CEO to its Accenture Information Management Services unit... Read More


e-PLDT targets 4,000 call center seats by yearend

(July 19, 2005 - itmatters.com.ph) -The information and communications technologies (ICT) arm of telecommunications giant Philippine Long Distance Telephone Company (PLDT) plans to complete installation of some 4,000 call center seats by the end of the year... Read More

IBM building stronger community of software developers

(CHIANG MAI - itmatters.com.ph) - In a bid to snatch a bigger Southeast Asian market share from dominant rival Microsoft Corporation, the International Business Machines Corp. (IBM) is dangling another carrot in a bid to lure independent software vendors (ISVs) to produce more solutions based on IBM platform... Read More

No job cuts for HP Phils ... 'yet'

(July 19, 2005 - itmatters.com.ph) -The Philippine subsidiary of computer company Hewlett-Packard Co. has yet to receive any indication from headquarters on whether its present 567-man team in the country will be affected in a looming global reorganization... Read More

Global Outsourcing Industry Continues To Grow

(July 18, 2005) - In a recently released report by the McKinsey Global Insitute, data shows that the number of service jobs being outsourced by companies in industrialized nations to low-cost ... Read More

Dramatic Expansion for Accenture in Asia

(July 18, 2005) - Accenture, one of the world's largest outsourcing service providers, has announced plans to hire an additional... Read More

Cebu ICT 2005 conference highlights opportunities for Asia's emerging ITES industry

(July 13, 2005) - Outsource2Philippines chief executive Frank Holz (standing) recently led a panel session with senior executives from the Philippine IT-enabled services sector at the Cebu ICT 2005 conference, following a presentation from New Delhi-based National Association of Software and Service Companies (NASSCOM) president Kiran Karnik via live video feed... Read More

Blueprint for RP’s software industry for breakthrough growth in five years bared

(June 25, 2005 - mb.com.ph) - Major players of the Philippine information and communications technology (ICT) industry presented a five-year action plan for the local software sector to President Gloria Macapagal Arroyo during the recent Cebu ICT Congress 2005 held here at the Cebu Waterfront Hotel. Read More

Software industry plan takes shape

(June 6, 2005) - Some 40 representatives from major software companies and the academe met over the weekend in Tagaytay City to hammer out a roadmap to turn the industry into a business powerhouse by 2010. Read More

View From Offshore: The End of Call Center Entrepreneurship

(June 6, 2005 - computerworld.com) - There have been few entrepreneurial ventures in business history as rewarding as the offshore call center. Within Asia, there are numerous tales of entrepreneurs who made tons of money for themselves by creating substantial value for their customers and employees. Read More

Filipino-Canadian firm is Northern Mindanao's first call center

(April 29, 2005 - itmatters.com.ph) - Tradetelle Corporation, a Filipino-Canadian company, made it as the first contact center operating in Northern Mindanao. Starting with 13 call center operators, Tradetelle Corp. officially opened two weeks ago in Barangay Carmen, this city.Read More

Informatics expects to increase operations

(April 29, 2005 - news.inq7.net) - INFORMATION technology training school Informatics expects a significant increase in enrollment with its new courses in networks, cybersecurity, gaming and animation for the 2005 to 2006 school year.Read More

RP to lead IT business spending boom in Asia

(April 27, 2005 - itmatters.com.ph) - Information technology spending among companies in the Philippines will reach $1.2 billion this year on robust projected growth for the telecoms sector, small- and medium-scale enterprises (SMEs), and the economy in general, industry research firm International Data Corporation said yesterday.Read More

Outsourcing to the Philippines: Rewards outweigh risks

(April 27, 2005 - www.philippinenews.com) - Government officials made a strong pitch for outsourcing in the Philippines, amid doubts raised about Internet security, the country’s level of technology, and its capability to protect copyright and patent laws.Read More

PeopleSupport Reports Record Revenues for First Quarter 2005

(April 27, 2005 - www.prnewswire.com) - PeopleSupport, Inc.
(Nasdaq: PSPT), an offshore business process outsourcing (BPO) provider that offers customer management and accounts receivable management services for U.S.-based clients from its facilities in the Philippines, today announced financial results for its first quarter ended March 31, 2005.
Read More


Law Firms Following Outsourcing Trend – Deloitte

(April 26, 2005 - www.globalsourcingnow.com) - A research by Deloitte suggests that law firms are following the trend set by financial services and telecom groups of outsourcing operations in order to cut costs and increase profits. According to the firm, almost all large and medium-sized law firms will outsource or offshore at least some of their operations within the next two years.Read More

SPI to Increase Indian Headcount by 700

(April 26, 2005 - www.globalsourcingnow.com) - SPI Technologies, a Philippines-based business services company, plans to increase its workforce in Coimbatore, India by the end of this year. The company, recently, also acquired a medical transcription business in Coimbatore.Read More

Outsourcing to overtake telecoms as top moneymaker in five years

(April 25, 2005 - www.mb.com.ph) - The outsourcing business is poised to dislodge telecommunications as the Philippines’ top moneymaker over the next five years with the economic impact of call centers and data encoding expected to grow by nearly twice that of mobile phones and prepaid call and text cards.Read More

eTelecare ranks 3rd in global call center mart

(April 25, 2005 - www.mb.com.ph) - Philippine-based call center eTelecare Global Solutions was ranked among the world’s top offshore call centers leaders in "The Offshore 100" lists released by industry watchers neoIT and CMP Media.Read More

HR outsourcing continues to grow

(April 22, 2005 - www.news.zdnet.com) - Human resources outsourcing is on track to continue record growth in the United States, according to a new survey by Hewitt Associates. The survey of 129 large companies representing nearly 2 million employees found that organizations are satisfied with their HR outsourcing decisions and plan to outsource more HR services by 2008.Read More

Domingo named chairman of Outsource2Philippines

(April 21, 2005 - Manila, Phililppines) - Outsource2Philippines (O2P) announced today that Gregory L. Domingo has been elected chairman of the consulting firm. Read More

State and Local Officials Look to Outsourcing

(April 21, 2005 - www.contact-center-today.com) - State and local government officials may soon have to consider outsourcing some or all of their information technology functions because of a glut of high-tech employees who will be eligible for retirement in several years. Read More

Philippine Business and Government Leaders Bring Their Outsourcing Story to U.S.

(April 20, 2005 - www.prnewswire.com) - The Philippines has become a new global
hub for outsourcing, and to meet the increasing demand of the American
business community, top Philippine government and business leaders are holding
a high-level conference with American business representatives today who are
seeking information on moving more of their business functions to the
Philippines.
Read More


Strong growth in BPO, tourist sectors seen--CB Richard Ellis

(April 20, 2005 - www.money.inq7.net) - THE PHILIPPINES' call center and business process outsourcing (BPO) industry is expected to grow at a robust pace this year, a scenario that would likely lead to a sharp rise in rental rates and demand for office space, CB Richard Ellis said in an industry report. Read More


Poor branding tagged as sole obstacle to RP's 'winning formula' in software dev't

(April 18, 2005 - www.itmatters.com.ph) - The Philippines has the potential to become a better alternative to India when it comes to outsourced software development, but the country still needs to establish strong brand recall among US-based companies in the next five years. Read More

RP outsourcing firms gain foothold in Europe

(April 16, 2005 - www.inq7.net) - LOCAL business process outsourcing service companies have secured a foothold in the European market as five of the firms have already bagged contracts and attracted the attention of possible clients in the continent's biggest information technology show held last month in Germany. Read More

IMF raises RP '05 growth forecast to 4.7%

(April 14, 2005 - www.abs-cbnnews.com) - The International Monetary Fund (IMF) has raised the growth forecast this year for the Philippines, ABS-CBN News learned Thursday. Read More

PEZA sees 25% rise in investments, 15% increase in exports

(April 14, 2005 - www.abs-cbnnews.com) - The state-run Philippine Economic Zone Authority (PEZA) has set a conservative growth target of 25 percent for investments this year after registered investments hit a three-year high last year. Read More

US electronic document firm to expand operations in RP; takes BPI as client

(April 13, 2005 - www.mb.com.ph) - A US-based company engaged in transforming paper and electronic documents into Web-based information has bared plans to expand its operations in the country after taking in the Bank of the Philippine Islands (BPI) as its first local client. Read More

RP to get $960-M windfall from call-center industry

(April 13, 2005 - www.abs-cbnnews.com) - The country’s information technology-enabled services industry, led by call centers, is expected to rake in some $960 million in revenues this year, a 50-percent increase from the $640 million it generated last year, Senator Manuel Roxas III, in a statement said. Read More

Philippine BPOs Look to Europe

(March 31, 2005 - offshoring-digest.com) -It’s time to look into the developments in the Philippine offshoring scene. It appears that this small country has been receiving much coverage since it gained ground as a “next phase” alternative, after jobs have moved on from India. Read More

Filipino BPO Industry FDI Reaches PHP1.6B in 4Q 2004

(March 29, 2005 - globalsourcingnow.com) - According to the National Statistical Coordination Board (NSCB), the approved Foreign Direct Investments (FDIs) in the Philippines BPO industry reached PHP 1.6 billion in 4Q 2004. NSCB is Philippines' policy making and coordinating body on statistical matters. Read More

RP telco network to grow 9.1% in the next 5 years -- IDC

(March 16, 2005 - itmatters.com.ph) - The telecommunication network services (TNS) sector in the Philippines is expected to grow by 9.1% in the next five years, among "the most relative growth" compared to countries in the Asia Pacific region, according to research firm International Data Corp (IDC). Read More

Outsourcing's Next Phase Has Begun

(March 14, 2005 - computerworld.com) - Outsourcing in India has reached a near-term peak, and meaningful expansion from this point forward will result in higher costs and lower-quality delivery. Business leaders in Asia have been saying such things to one another for months now. Today, we are seeing deliberate action to move capacity from India to next-step destinations like the Philippines, China and Vietnam. Read More

Offshore dev’t mart growing; RP software developers eye 2005 gains

(March 14, 2005 - itnetcentral.com) - OFFSHORE software development, already considered the bane of US-based programmers, is growing stronger, according to officials at Sun Microsystems Inc. and IBM Corp. who spoke at the Evans Data Developer Relations Conference held in San Jose, California last week. Read More

RP: A Global Leader in Mobile Applications?

(March 14, 2005 - itnetcentral.com) - IN last month's column, I discussed potential bright spots where local software development companies can excel. I personally believe that among these areas, it is in mobile applications development that our software developers can best apply their innovative ideas (The other areas are outsourced application development, online games and simulation, and consumer Web services). Read More

Cebu, Davao get piece of call center action

(March 14, 2005 - money.inq7.net) - THE FUTURE of the call center industry is so bright the Philippines has to wear shades.Read More

Metro Gaisano group set to open IT park

(March 12, 2005 - sunstar.com.ph) - The real estate arm of the Metro Gaisano group of companies is developing an information technology (IT) park in Cebu in anticipation of the surge in IT and IT-related investments in the province.Read More

Alcatel eyes investment opportunities in RP

(March 11-12, 2005 - itmatters.com.ph) - French communications giant Alcatel Inc. urged the Philippine government to polish out financing schemes that will allow more French companies to invest in the country.Read More

IT suppliers see higher revenues on IP, call centers

(March 10, 2005 - itmatters.com.ph) - Some suppliers of internet protocol (IP) networks have raised their revenue outlook this year, encouraged by the recent announcement of the country's largest telco that it will roll out IP-based services. Read More

SPI Acquires Indian Medical Transcription Co

(March 7, 2005 - globalsourcingnow.com) - SPI Technologies, a Philippines-based outsourcing services company, has signed an agreement to acquire KG Information Services and Technologies’ medical transcription business (KGMT). KGMT is an Indian medical transcription services company. Read More

US networking firm to set up regional tech support hub in RP

(March 7, 2005 - inq7.net) - ALLIED Telesyn, a US-based networking equipment vendor plans to consolidate its regional technical support center in the Philippines in the first quarter this year, a company executive told local reporters on Thursday. Read More

AIG Upbeat About Philippines' BPO Potential

(March 6, 2005 - Asia Pulse) - AIG Business Processing Services Inc. (BPSI), a major American multi-customer BPO company, is keen on hiring more Filipino IT workers for their outsourcing operations in the country mainly due to their English proficiency and lower cost. Read More

US IT group scores lack of data privacy law

(February 21, 2005 - itmatters) - An industry association of 500 information and communication technology (ICT) companies in the United States scored the absence of legislation in the Philippines that will protect data sent to local companies engaged in outsourcing services. Read More

RP losing out to China as preferred partner of Japan

(February 21, 2005 - itmatters) - Japanese firms engaged in information technology (IT) urged the national government to boost the country's industry labor supply to guard against the pull out of Japanese firms, as they see China's labor pool becoming more attractive. Read More

IT workforce acceptance rate low -- study

(February 21, 2005 - itmatters) - The Philippines is churning out a sufficient number of graduates for the information and communication technology (ICT) industry. However, a recent industry survey showed that quality of graduates fall below industry expectations. Read More

RP, India companies urged to think, work as one force

(February 21, 2005 - www.mb.com.ph) - "Let us buy a bigger oven so that we can bake a bigger pie!" Read More

Branding seen as key to selling RP's outsourced services

(February 21, 2005 - inq7.net) - EXECUTIVES of outsourcing providers have said that the Philippines should undertake more effective branding strategies that will promote the country's ever growing information and communications technology-based outsourcing services.Read More

New ICT study urges RP to improve educ’n, marketing savvy

(February 20, 2005 - www.mb.com.ph) - A survey on Philippine ICT workforce demand has concluded that the country needs to ramp up its promotional activities abroad and improve its educational system, particularly to align schools with the needs of the industry. Read More

Offshoring to stunt growth of CAD mart

(February 20, 2005 - www.mb.com.ph) - IDC Philippines has warned that increased attention on offshoring would likely inhibit the local software custom application development (CAD) market from reaching full potential more of its valued resources will be transposed to outside customers. Read More

Asian outsourcing bloc mulled

(February 18, 2005 - itmatters) - Industry players from India and the Philippines are considering the creation of an Asian outsourcing bloc that aims to increase the region's stake in the estimated $1 trillion outsourcing pie to 12%-15% from the present 3%-4%. Read More

... as solon urges private sector to take lead

(February 18, 2005 - itmatters) - Senator Manuel A. Roxas II yesterday urged the national government to take a back seat in handling the booming outsourcing sector and simply allow the private sector to lead. Read More

Local software firms eye high-value services

(February 11-12, 2005 - i.t. matters) - The local software industry is not really counting on cost as the main differentiator between them and competitors in the Asian region.Read More

Telus International Inc and Singapore Computer Systems Ltd. Form Strategic Partnership to Invest in Ambergris Solutions
A new joint venture company will be set up to invest in Ambergris Solutions, a leading call center in the Philippines.

(February 5, 2005) - Telus International Inc. (TI) and Singapore Computer Systems (SCS) will set up a joint venture company, TISCS Pte. Ltd. (TISCS), to invest in a 70% interest in Ambergris Solutions Incorporated, which has a 100%-owned subsidiary, Ambergris Solutions Philippines Inc. (Ambergris). This investment will strengthen SCS’ ability to deploy business process outsourcing (BPO) services. Read More

SPI’s Ernest Cu to speak on the need for a strong “Brand Philippines”

(February 4, 2005 - Manila, Philippines) - Ernest Cu, president and CEO of SPI Technologies (SPI) will be one of five panelists to speak on the topic “Brand Philippines” at the e-Services Philippines 2005 CEO forum February 17, 2005 at the EDSA Shangri-La Manila. Representing the BPO sector, Cu is expected to discuss the role of and strategies for building a strong Philippine brand in the global outsourcing market.Read More

Barone Design Group Completes Shell’s Business Operation Center in the Philippines

(January 14, 2005 - PRWEB) - Barone Design Group, a solutions-driven architecture and interiors firm, announced today the completion of the Shell Shared Services Asia-BV business operations center in Makati City, Philippines. The 35,200 square foot facility was designed to support key internal business and customer service functions and will accommodate 288 workspaces. The facility is located on two floors in the RCBC Plaza, the largest and most modern office development in the Philippines. Read More

Industry veterans form Outsource2Philippines.com
Venture to market the Philippines as a key investment location

(January 6, 2005 - Manila, Philippines) - Two long-time outsourcing and technology veterans announced that they have formed a new venture to provide high-value consulting services and to market the Philippines as a key investment location for IT-enabled services (ITES). Dubbed Outsource2Philippines.com, the for-profit firm will launch a suite of services targetting ITES providers, investors, and support industries this month. Read More

Events Archives 2005

CEBU ICT 2005 June 22-24, 2005
Creatively Creating Convergence: Cebu Gears for the Global ICT Market

e-Services Philippines 2005 exhibit to run Feb 17-18
Business conference on pressing global outsourcing issues to be held concurrently

(Manila, Philippines, January 13, 2005) - e-Services Philippines, the country's largest IT enabled services (ITES) and outsourcing expo, will take place February 17-18, 2005 at the EDSA Shangri-La Hotel, Manila according to Assistant Secretary Felicitas Agoncillo-Reyes, Executive Director of the Center for International Trade Expositions and Missions (CITEM), the trade promotions arm of the Department of Trade and Industry and organizer of the event. Read More









 

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