Offshore BPO Services trend is fast catching up
The Offshore BPO Services market still being in its nascent stage is proved by the fact that there are still certain myths surrounding the concept. Offshore BPO Services should be in fact be considered by all the companies, specially those firms which have Call Centers.
Offshore BPO Services has already changed and will keep changing the way business is conducted worldwide. Offshore BPO Services is a mega trend that is catching up with numerous firms pretty quickly. The costs have fallen considerably due to the availability of low-cost educated labor in countries like India, China, and others.
It is indicated that a global Offshore BPO strategy can be effective for companies with sales of less than $200 million. The myth that really surrounds Offshore BPO Services is that only large firms can afford it. But the truth is that even small to medium firms can also go for Offshore BPO Services. Large US companies like General Electric have moved important business processes to India. The result of this Offshore BPO Services movement is an increase in geopolitical stability, as these corporations will put pressure on subsequent US administration to avoid tension with India.