Tag: outsourcing

Globally, the business process outsourcing (BPO) segment of the wider outsourcing market continues to experience exponential growth, by as much as 9% year-on-year – increasing by one percentage point four years ago. Kirk Laughlin, of Nearshore Americas, discusses, among other things: how the Caribbean outsourcing industry has performed since 2020; how technological advancements such as AI and automation are affecting the outsourcing industry; and whether the Caribbean region is still competitive and attractive, noting the other locations worldwide that have emerged that are also vying for outsourcing business.