World’s Emerging Outsourcing Favorites

Cebu, Pasig, Baguio cited among world's emerging outsourcing favorites.

A study by industry publication Global Services and investment advisory firm Tholons put Cebu City as fourth, behind the Indian cities of Chennai, Hyderabad and Pune, among the top 10 emerging outsourcing destinations for global companies.

The entire list, numbering 50 sites, also cited Pasig City as 23^rd, and Baguio as 36^th.

To be sure, India remains the favored technology outsourcing destination, the industry report said Sunday, even amid concerns a rising rupee and soaring wages would blunt that country’s competitive edge.

The rest of the top 10 were: Kolkata, India, fifth; Ho Chi Minh City, Vietnam, sixth; Colombo, Sri Lanka, seventh; Shanghai, China, eighth; Chandigarh, India, ninth; and Beijing, China, 10^th.

The list is based on criteria such as scale and quality of work force, financial infrastructure, risk environment and quality of life.

But it does not include established outsourcing locations such as Bangalore, the New Delhi capital region, Metro Manila, Mumbai and Dublin that have had a decade’s head start.

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scource: http://www.itmatters.com.ph/