SAN RAMON, Calif., Oct. 28 /PRNewswire/ -- neoIT, the leading offshore advisory and management firm for BPO and ITO, today issued a capabilities assessment of the Philippines as an information technology [ITO] and business process outsourcing [BPO] destination. The newly released neoIT white paper, titled Outsourcing to the Philippines: Metro Manila and Beyond, provides a snapshot of the maturity and competitiveness of Manila and eight other Filipino cities that are rapidly emerging as ITO and BPO destinations.

The report provides practical answers to the question of how the Philippines stacks up to global competitors such as India, China and Russia and gives insights into the transformations that have occurred in recent years in the Filipino outsourced services market. According to neoIT research, the Philippines ranks second, after India, as a top global sourcing provider in the Business Process Outsourcing and Call Center space. While Manila has long been the country's leading outsourced services hub, the government has fostered the growth of alternative cities in order to provide a diverse portfolio of outsource-ready Filipino destinations.

The report examines, in detail, the cities of Cebu, Davao, Clark, Cagayan de Oro, Iloilo, Bacalod, Baguio, and Dumaguete as well as Metro Manila. Each city was assigned a city competitiveness rating and ranking based on the location's current ability to provide ITO and BPO services.

As organizations look at the Philippines as an outsourcing destination, the report provides timely insights into the rapidly expanding options beyond Metro Manila and the level of maturity and competitiveness of these multiple centers of excellence.

A free copy of the report is available at neoIT's Offshore Knowledge Center at: http://www.neoit.com/pdfs/whitepapers/OIv3i09_1005_Philippines- City-Competitiveness.pdf

About neoIT

neoIT is the leading offshore advisory and management firm. neoIT focuses exclusively on assisting companies in maximizing their returns from the offshoring of both information technology and business processes on either a project or enterprise wide basis. neoIT founder and CEO Atul Vashistha is widely recognized as an one of the industry's foremost authorities on global sourcing, has been interviewed by leading print and broadcast media, is the co-author of "The Offshore Nation" and was quoted in Thomas L. Friedman's bestselling new book "The World is Flat."

neoIT solutions deliver results in the form of cost savings, improved governance, reductions in sourcing process time and decreased risks with offshore supplier partnerships or own operations. neoIT's clients for offshore advisory and management include leading Global 5000 firms in financial services, insurance, healthcare, telecommunications, utilities, oil and gas, consumer goods, logistics, retail, entertainment, manufacturing and other industry sectors. For more information, visit http://www.neoit.com/.

CONTACT: Lisa Byrne Manager, Public Relations of neoIT, +1-415-221-5018,
or lbyrne@neoIT.com

Web site: http://www.neoit.com/