Other Driving Factors that Contributed to the History of Outsourcing in America
The year 2003 was declared as the beginnings of the “Broadband Age" as sophistication in telecommunications continued. This allowed the business sector to explore the possibilities for outsourcing other types of jobs.
High speed Internet was being highly utilized in almost every part of the globe. The Internet made it possible for outsourcing parties to share documents in real time, which eliminated some of the risks associated with outsourcing jobs. The Asia-Pacific region is said to be the leading DSL user.
The development of data storage not only drove the costs of paper usage but likewise enhanced the possibilities of outsourcing more jobs with less of the known risks. The history of outsourcing saw the development of floppy disks, magnetic tapes, punch cards, disks, CDs, flash drives, and cloud computing storage. In fact, this development in high-tech data storage has driven down the costs of manpower via outsourcing even further.
Whereas before, security seemed to pose considerable threats to businesses in getting involved with virtual business transactions, the enhancement of Internet security feature allowed almost all global businesses to participate virtually, to the point of eliminating physical stores and offices. Employers are in fact hiring telecommuters to do office work.
These are only some of the driving factors which contributed to the history of outsourcing and what it is now today – the Business Process Outsourcing industry. To date, people in the following top five countries in the lead would also be interested to know how this particular phenomenon came about, as it brought improvement to the lives of many in their respective regions:
- India – Engineering and Technical
- China – Manufacturing and Technical
- Mexico – Manufacturing
- United States – Analysis and Creativity
- Philippines- Administrative