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History of BPO: Past, Present and The Future

Offshore India Data Entry

The Business Process Outsourcing (BPO) industry has undergone significant transformations since its inception, revolutionizing the way businesses operate. The Past: Early Days of BPO The concept of Business Process Outsourcing (BPO) has a rich history that dates back to the 1970s. billion by 2028, growing at a CAGR of 10.5%

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Pot of Gold: Be Smart (Not Lucky) With Outsourcing Business Processes

inDinero

There are several subsets of BPO, such as offshore (out-of-country) outsourcing, industry-specific (IT or Manufacturing) outsourcing, or project outsourcing. Outsourcing has been around since the industrial age. Outsourcing has been around since the industrial age. CAGR between 2021-2028.

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2022 Latest Report: Statistics on the Philippine BPO Industry

Magellan Solutions

In addition, many companies providing international business services are including offshoring and outsourcing into their plans to reduce costs across nations. percent (from 2016 to 2022), and as a result, will see an increase in its share of the global IT-BPM outsourcing sector from 12.7 million people working in outsourcing.

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