Remove 2007 Remove BPO Remove Jobbing Remove Outsourcing
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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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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. million jobs were lost. In fact, Apple is still outsourcing to date. .

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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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Is Technical Support A Significant Element To The Success Of Gadget Manufacturers?

Magellan Solutions

In that same year, we witnessed the rise in popularity of the iPhone, which was introduced in 2007. Tough job, right? Outsourcing ā€“ Sure, a gadget manufacturer can provide its own technical support assistance to their market. However, outsourcing this service to the third party is the wiser way of saving and using resources.