The Philippines is gaining traction in terms of providing outsourcing services not only for customer support but also for outsourcing tech services to different foreign businesses. What's promising about the Philippine IT industry is that it's still growing despite the economical and legislation challenges the country faces. 

According to salary explorer, the average salary in the web industry in the Philippines is estimated to be around 750 USD/mo, making the country one of the cheapest IT service providers in the region. Due to this factor, the Philippines is considered to be a good outsourcing opportunity for many international web agencies and IT companies. 

Why you should work with Philippines IT companies

Most of the Philippines’ web agencies and IT companies provide services for a significantly lower price than you can find in any other country in the region. Another reason why Philippines IT companies are attractive is the local talent pool. Based on a report of the Philippine Statistics Department, in 2019 there were more than 175K professionals working for 5300 IT companies in the country, which ensures a high productivity rate and helps small IT companies transform into medium and large competitors that ultimately reach global market. 

What to be aware of when working with Philippine IT companies

The good production rate of IT companies from the Philippines are balanced by sub developed business culture, and lack of global-level IT specialists in most of the companies. The contrast becomes higher with an underdeveloped IT education system in the country which makes the Philippines companies to lower the price rate below the ASEAN average. 

How reliable are Philippines IT companies

Considering the latest evolution of the IT sector in the country and the increasing number of foreign companies investing in the digital sector, Philippine companies have improved their reputation on the world level by implementing the minimum standards required by potential foreign clients according to Rappler. 

With all these, not many IT companies managed to exit the internal IT market and create a well-known name on a global level. This is why, Tech Behemoths recommends taking a closer look when selecting a potential partner for web, software, and mobile projects from the Philippines, but as well as from any other country. 

How Philippines IT industry relates to the neighboring countries

With a lot of competitors in the region, like China, Japan, Singapore, and Indonesia, the Philippines still need to progress to reach a quality competitive level in the region. On the other hand, cheap prices for web & IT products and services attract small and medium businesses to invest and cooperate with Philippine-based IT companies. 

Business Services encompass a wide range of professional services designed to support and enhance the operations of businesses across various industries. These services are closely related to IT consulting, software development, project management, and other services, collectively forming a comprehensive suite of solutions for business success.

According to Statista, the size of consulting services in the United States is estimated at $64.4B, with an annual growth rate of 3.7%, which points that the demand for services provided within this industry is slowly but constantly growing. 

So, if you are planning to access Business services, you might want to take a look at the list of benefits of partnering with a specialized IT company:

• Expertise and Specialization: IT companies bring domain expertise, industry knowledge, and specialized skills to deliver high-quality business services.
• Operational Efficiency: Streamlined processes, automation, and optimized workflows drive efficiency, reducing costs and improving productivity.
• Scalability and Flexibility: Business service providers can adapt to changing business needs, ensuring scalability and agility in operations.
• Risk Mitigation: By outsourcing non-core functions, businesses can reduce risks associated with compliance, security, and regulatory challenges.
• Focus on Core Competencies: Business services allow companies to focus on their core competencies while leaving non-strategic tasks to specialized providers.

At the same time, we strongly suggest to consider the following criteria when choosing a business services provider for a project:

• Experience and Track Record: Look for providers with a proven track record in delivering Business Services relevant to your industry and specific requirements.
• Industry Knowledge: Assess the provider's understanding of your industry, market dynamics, and challenges to ensure their ability to address your unique needs.
• Customization and Adaptability: Evaluate the provider's capability to tailor their services to align with your business goals, processes, and culture.
• Communication and Collaboration: Choose a provider that emphasizes open communication, a collaborative approach, and active engagement with clients.
• Reputation and Client References: Research the provider's reputation in the market, read client testimonials, and seek references to gauge their reliability and quality of services.

TechBehemoths can assist in choosing the best Business Services companies for your projects. With a comprehensive directory of over 9,900 companies offering Business Services, TechBehemoths.com simplifies the selection process. Our platform provides detailed profiles, client reviews, and ratings to help you evaluate and compare different service providers. Utilize the advanced search filters to narrow down options based on industry expertise, location, and project requirements, ensuring a tailored match for your Business Services needs.