September 04, 2006
Collaboration between Philippine and India-based outsourcing organizations: A marriage of convenience?
Even as Asian countries compete among themselves for a larger slice of the global outsourcing market, there is news that the Business Processing Association of the Philippines (BPAP) and India's National Association of Software and Service Companies (NASSCOM) have come to an understanding to collaborate in seven strategic areas.
The areas that have been identified are strategic communications, geographic risk mitigation, shared best practices and adherence to international standards, data security and privacy, workforce collaboration and cooperation, and infrastructure improvement.
The collaboration initiative comes after a detailed process of thrashing out the details so that the agreement is in the best interests of outsourcing vendors in either country.
An immediate outcome of the deal seems to be the interflow of Indian and Philippine companies. There is talk of four Indian firms planting roots in the Philippines, and the positive bells are certainly ringing for more such movements in the future.
INQ7 has more details on the collaboration accord.
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