• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » BPO sector to bring 40M jobs, $600Bn to PH

BPO sector to bring 40M jobs, $600Bn to PH

40M jobs, $600Bn to PH

MANILA, PHILIPPINES — The global outsourcing sector is forecasted to have an “explosion” that would bring 40 million jobs and US$600 billion in revenues to the Philippines. 

In an interview with CNN’s The Final Word, Outsource Accelerator (OA) Founder and CEO Derek Gallimore said that the country’s outsourcing future is “bright” due to global companies who are expanding their operations offshore. 

He also described the sector as “countercyclical,” which means that the cost-cutting efforts and possible recession in the West bring more opportunities to the Philippines and other outsourcing destinations.

Gallimore also shared insights about the Time Doctor OA500, an index of the world’s top 500 outsourcing companies. The list and its methodology used aggregate “external public data points” to measure 3,000 outsourcing firms globally. 

The outsourcing expert said that the index was curated to help companies “navigate, orientate, and compare” the global outsourcing market. 

Gallimore added that companies could also use the data to understand the industry and the players within the industry.

Watch the complete interview below.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image