Well, neoIT, a global outsourcing and capital advisor firm going in line with the predictions given by Tholons, a Washington D. C based management consulting firm stated that Philippines and Russia are poised to rival India’s supremacy in the BPO sector. The report foresees both the countries will emerge as the most favorite IT and BPO outsourcing destination in 2007. Now positioned as third largest in the outsourcing market after India and China, Russian IT companies have carved a niche for themselves specializing in high-end software and embedded software product development. Many feel these offerings act as key differentiator form low price offerings from Indian companies.
Philippines is also preferred for its excellent English language skills. Many Indian BPO companies have set up centers in Philippines broadly to give their clients a de-risking option. The island country also enjoys less industry attrition rates than India.
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