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.
We have successfully released a major version of our main software product during a critical period for us. We have done this with a qualified improvement in the extent and depth of testing, whilst being subjected to an abnormally high workload with the UK and Cloud Employee team working in tandem each day.
James StringerCleanLink Software Ltd
Our Cloud Employee Account Manager was there to handle each of our individual concerns as we raised them. Since taking on our Cloud Employees, our ability to deliver product has greatly improved. We now have a fantastic team of 5 with their very own Loyalty Logistics branded office.
Bobby WilliamsLoyalty Logistix
The main issues we have is getting the IT staff that we need quickly and being able to develop quickly the products and services that we want to make. We’ve had some business and product ideas that we’ve been wanting to make for many years now. With our developers at Cloud Employee, we’ve been able to push those out a lot quicker, a lot sooner. And we’ve been growing our customer base because of that, which is fantastic.
On hearing about Cloud Employee shortly after their inception I followed the company knowing that in the future that hiring remote developers was something we were interested in looking at. Right from the beginning the support from Cloud was great, from getting job ads out there, filtering CVs and facilitation the interviews. Since we hired Aleks nearly a year ago he has been an asset to the team and the ongoing support to both him and us has been great. We're yet to be able to visit the offices but from what Aleks tells us it's a really nice environment to be working in and there are some great perks! We're looking forward to the point where we are ready for our next hire!
Simon LewisMotor Pilot