The last decade marked the rise of the east as the back-office of the world. Last couple of months have proved that East is not just rising, but it has risen and is shining bright! lobal economy had its way of being lopsided in the favour of the western hemisphere. But that has changed with the East not just emerging as the largest market to dump consumer goods, but also the largest human resource base, where all services are offered better in quality and better in price! And with the emergence of Computer Technology, it has become easier to access this wide resource pool. Information Technology and its Enabled Services (IT and ITES) have resulted in the shifting of back offices back across continents.
This can be said to be an evolved system of BPO services where both clients and the service providers share a unique, mature, multi-cultural and symbiotic relationship. Combined, this has dramatically affected the relationship between clients who need Business Process Outsourcing and providers who dial it in. In many ways we’re seeing the birth of the second generation of BPO, a more complex business model that will require both buyers and providers to evolve and mature. Here are a few trends to keep your eyes on: