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October 12, 2009

Philippines outsourcing forum attracts delegates from 10 countries

Around 250 senior executives from the business process outsourcing industry have confirmed their attendance at the upcoming International Outsourcing Summit.

Taking place from 20-21 October in Manila, this year’s event is entitled Global Market Leaders Addressing Global Issues. Countries to be represented at the summit include the US, China, Malaysia, Canada, India, Australia, Europe, Singapore and South Africa.

The conference is being organised by the Business Processing Association of the Philippines (BPA/P), and is supported by the Department of Tourism and the Commission on Information and Communications Technology. It is being produced by strategic marketing communications agency TeamAsia.

“More than 30 speakers and panelists will lead the discussions in presentation and panel plenary sessions,” said Jonathan de Luzuriaga, BPA/P executive director for industry affairs.

According to de Luzuriaga, the conference is timely, with global outsourcing on the rise as companies move to reduce costs and increase productivity. Analysts estimate the addressable outsourcing market to be worth up to $300 billion. Despite this opportunity, significant challenges to growth exist.

“The conference is meant to provide a venue to discuss both opportunity and threats, which include fallout from the receding global financial crisis, politically inspired protectionism, and risk mitigation and business continuity issues,” de Luzuriaga said.

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