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Offshoring in Asia
September 21, 2006


GLOBALIZATION: Defying National Barriers For Economic Prosperity



Low labor cost, increasing competition, globalization, increased IP (Internet Protocol) adoption, and improved network infrastructure is driving the business process outsourcing market in Asia Pacific, according to Frost and Sullivan. High growth in offshore outsourcing is expected in the coming years.

Offshoring in Asia is a revolution quietly taking place, and while the concept is not new: production jobs have been moved to countries such as the Philippines for years, what is different of late is the growing number of white-collar jobs that are being relocated abroad, and at a pace and degree never witnessed before.

As Asia Pacific countries open to the world for business, and advanced communications technology becoming more and more extensive, some one billion workers have suddenly been added to the world's labor pool. With an increase in the number of Asians qualified for white-collar jobs, people in the industrialized nations are suddenly discovering their high Western wages are no longer competitive.

Last 2005, one of every 10 jobs at U.S. information technology vendors and service providers have moved offshore, according to data from the Bureau of Labor Statistics, Gartner and Morgan Stanley. Another 400,000 back-office jobs have already moved offshore and 3.3 million should move by 2015, according to Forrester Research.
This migration of jobs is one of globalization's greatest achievements: a fast-rising living standard in poor countries that is propelling better-educated Asian workers into an expanding middle class.

Duncan Aitchison, Managing Director, International with TPI, commented: “Contrary to speculation about rising levels of dissatisfaction with offshore outsourcing, our data predicts further growth in the value of work being moved offshore. In our experience, the approach of many companies to offshoring in Asia has now matured to the extent that it is now no longer a question of whether to offshore, but rather which elements and to what degree." (Forbes)

Big and small companies in industry after industry have done the math and are rushing to move even their most specialized jobs to Asia to cut labor costs by between half and four-fifths. "I don't know why we would hire another software programmer in New York again," says Stephen Roach, chief economist at Morgan Stanley.

Offshoring, Inc, the leading American owned and operated offshore outsourcing company based in the Philippines, attests to the aforementioned studies regarding the phenomenon of business process outsourcing. Formed in 2004 by a group of American IT executives with extensive outsourcing and offshoring experience, the company is proud to have a long record of successful collaborations that have brought tremendous benefits to businesses worldwide.

How does it work? Offshoring, Inc is a staff leasing company providing high qualified professionals to various businesses across the globe. The company has a huge pool of motivated professionals ranging from well-trained and experienced writers, graphic designers, programmers, media managers, quality assurance representatives, data entry clerks to contact center agents all who underwent a rigorous process of search and recruitment. Offshoring, Inc can also customize a quote the client and recruit staff not included in the list.

Unlike the more typical approach, Offshoring, Inc actually helps businesses build their personal staff that is at all times controlled and managed by their own assigned staff supervisor/s and the clients themselves. No potential cost overruns and project surprises with a third party vendor. The peace of mind that comes with Offshoring, Inc’s fixed monthly pricing allows the clients to focus on the goals at hand, creating and maintaining complete control over their business, product and/or service.

Offshoring, Inc aims to help businesses eliminate routine tasks and focus instead on strategic core business undertakings that contribute directly to the ultimate success of the business. With significant cost benefits and efficient management of the without having to sacrifice high quality output, Offshoring, Inc brings better profit margins, thus allowing businesses to achieve remarkable economic and executive class gains.

The Philippines plays a major part in the sudden boom and steady growth of Western businesses offshoring in Asia. International companies have discovered the wonders that Filipino professionals can bring to their businesses as studies show that: 1. the biggest obstacle in offshoring, which is cultural differences, is absolutely not a problem in the Philippines; 2. the quality and availability of skilled labor is far higher than other countries; 3. Filipino professionals are extremely creative, efficient, and advanced in IT training; 4. and the low cost of labor is incomparable.

The advantages of globalization have been scrutinized heavily in recent years. Proponents of globalization say that it helps developing nations catch up to industrialized nations much faster through increased employment and technological advances. With significant benefits from both ends – who’s complaining?

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