The Philippines is one of the fastest growing economies in the world, according to economists surveyed by Bloomberg. It has a huge Information Technology and Business Process Outsourcing (IT-BPO) industry that’s now its second largest source of income. With a young, educated, and technologically-savvy workforce that speaks English fluently, the Philippines has become a hub of talent for tech companies.
Here are the key reasons why the Philippines is a go-to destination for offshore software development.
The Philippines has been voted the world’s number one outsourcing destination 3 times by UK’s National Outsourcing Association. Tholons, an international advisory firm for global outsourcing, has consistently cited Manila, Philippines as among the top outsourcing destinations in league of outsourcing leaders like India China, Brazil, and Mexico.
Global management consulting firm AT Kearney named the Philippines along with Malaysia and Poland as a developing player in its 2014 report on rising stars of IT outsourcing.
The Philippines graduates over 130,000 tech and engineering students every year from internationally recognised universities.
The Philippines is the fifth largest English-speaking nation in the world where over 90% of the population speaks and understands English. The country also scored high on the EF English Proficiency Index (6th Edition) ranking 13th out of 72 countries, just behind Malaysia and even ahead of Switzerland.
The Philippines has a strong familiarity and affinity to western culture due largely to its historical past with Spain and the United States. Over 80% of the population is Catholic.
The way the staff are looked after and valued, the availability of Cloud Employee management and their expertise and ability to source staff means that we would be happy to recommend them to other businesses.
Harry BoxallSafelink Data Rooms
My biggest pain point was we have to move fast and it takes a lot to hire people. Since Cloud Employee already had some infrastructure finding some candidates was pretty easy. I felt like I interviewed maybe 12 people in 1 or 2 weeks. Which is pretty fast. And all of them were pretty qualified. As far as moving faster, and getting our app and our website like full speed ahead, Cloud Employee has helped us, absolutely. Totally expedited our development which leads in the end to the growth of our business.
Anthony WentzelFreebird Rides
Everything has been fine. Ryan has been doing a great job, I am really grateful to have found him.
Sergey SaganSagan Marketing
Angelo is a polite hard working individual. He is punctual, always happy to help and follows instructions passed through to him to produce work of a good quality. The CCM team have all enjoyed working alongside Angelo and if new work became available we would happily work with him again.
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