SourceFit

NOVEMBER 14, 2014

The growth of business process outsourcing in the Philippines and the expectation of rent increases in Singapore are the main drivers for the gains in the Manila office rental market according to CBRE’s latest regional office market report for Asia-Pacific (APAC). . The report showed that Manila’s Office Rental Index increased to 6.5 percent quarter-on-quarter.

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SourceFit

NOVEMBER 12, 2014

More investments in professional services drove an increase in IT services spending to 1.5 percent in Q3 according to BPO and IT outsourcing research and analysis firm NelsonHall’s quarterly IT outsourcing index. NelsonHall director of ITO research Dominique Raviart said the third quarter of 2014 was a “landmark quarter”? for IT outsourcing, and the first time since Q4 of 2012 that market spending was not negative.

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SourceFit

NOVEMBER 11, 2014

The global healthcare information technology (HCIT) outsourcing market is expected to reach $50.4 billion in revenues by 2018 and a compound annual growth rate (CAGR) of 7.6 percent. According to the study, the healthcare systems, pharmaceutical and insurance segments are driving the growth and looking to reduce costs, access IT expertise, share risk, adopt new technologies and focus on their core business.

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SourceFit

NOVEMBER 10, 2014

Philippine ambassador to the United States Jose L. Cuisia urged information technology and business process management (IT-BPM) companies in America to consider outsourcing to the Philippines. During a networking event hosted by the Seven Seven Corporate Group and the Philippine Consulate General in New York, Cuisia told Fortune 500 and Wall Street executives in the tri-state area that the Philippines is an ideal location for contact and technical support services.

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