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A look into the BPO & nearshore industry in times of global financial concernĀ 

Redial

But even though we are facing times of uncertainty, for reasons that I will mention later, Business Process Outsourcing stands as one of the main alternatives for those companies that seek to stay in business. A crisis in which they were lost $8 trillion in value between late 2007 and 2009. Image by pikisuperstar on Freepik.

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10 Examples of Bad Outsourcing and How to Avoid Them

Magellan Solutions

10 EXAMPLES OF BAD OUTSOURCING AND HOW TO AVOID THEM . Due to the numerous advantages outsourcing has to offer, including reduced costs and access to a larger talent pool, an increasing number of companies are outsourcing their software development needs to outsourcing companies. WHY DO COMPANIES OUTSOURCE THEIR BUSINESS?

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Top Countries Served by Philippine Call Center & BPO Industry

Magellan Solutions

The growth of business process outsourcing (BPO) in the Philippines has undoubtedly developed so fast. Almost all major global IT/BPO vendors have a presence in the Philippines. The reason why these top-earning firms are outsourcing in the Philippines is because of its people. billion BPO industry in the Philippines.

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How SMEs Solved These 4 Challenges Through Back Office Service Solutions?

Magellan Solutions

In this article, we will discuss the top 4 challenges faced by SMEs and how outsourcing back office functions can solve these issues. The dollar volume of bank loans for SMEs declined by 20% since the recession in 2007. . Thatā€™s why outsourcing your back office support will lessen the fund you need for business operations.

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Outsourcing as Business Strategy During Recession

Magellan Solutions

In a changing economy, selective outsourcing enables you to develop more adaptable expenses. Why are Outsourcing and Recession Related? Before the COVID-19 Global Pandemic, the world experienced the Global Recession during the years 2007-2009. Google has been outsourcing Information Technology (IT) services for a long time.

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Asia Pacific Emerges as Top IT Outsourcing Destination

SourceFit

The Asia-Pacific region continues to rise as one of the top IT outsourcing destinations in the world. The region] also has excellent BPO growth in addition to ITO (information technology outsourcing) growth,”? Outsourcing contracts awarded in the region in 2012 increased by 6 % year-on-year. Pai added. .

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The Recessionary Conundrum: What Lies Ahead for Healthcare Payers?

Everest Group

According to an assessment done from 2007-09, only some of the insurance loss from a lack of employer coverage was offset by added public coverage, leading to a 5.6 million rise in uninsured adults. Payers will have to explore ways to offset any price hikes.