Booming BPO Industry Provides Opportunities for Trend Watching Investors

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Allpennystocks.com
March 10, 2010

Special Report ....
 
Booming BPO Business Provides Opportunities for Trend Watching Investors

For the full special report, CLICK HERE.

Companies mentioned in this e-mail include:


 

SPECIAL OVERVIEW

Tonight we have prepared a special report highlighting the booming business process outsourcing (BPO) market. According to some experts, the global "addressable" BPO market is worth $122-154 billion U.S., most of it in retail banking, insurance, and travel/hospitality industries, with such sectors as the auto, telecoms, pharmaceutical, accounting and Human Resources catching up. What’s more, those same experts estimate that only 8% of that capacity was utilized as of 2006. A Company that we highlighted back in mid-January, SupportSave Solutions, Inc. (OTCBB:SSVE) is deeply entrenched in this industry and has been booming as well, as is very evident from their recent revenue results.

The stock is currently up 24% since we spotlighted it back on January 13th, and it looks as though it is continuing its slow but steady incline. To read the complete special report on SSVE and the booming BPO market, click here.

ALLPENNYSTOCKS.COM NEWS ARTICLE

March 10, 2010 (AllPennyStocks.com Media, Inc.) – It’s an industry that’s taking the world by storm; formally called Business Process Outsourcing, or BPO for short, BPO is a form of outsourcing that involves the contracting of the operations and responsibilities of specific business functions (or processes) to a third-party service provider. Originally, this was associated with manufacturing firms, such as, say, Coca Cola, that outsourced large segments of its supply chain. In the contemporary context, it is primarily used to refer to the outsourcing of services.

Where the money is to be made in the BPO industry is in far-off countries with huge consumer basis, such as India. Recent studies give the world’s largest democracy revenues of $10.9 billion U.S. from offshore BPO and $30 billion U.S. from Information Technology and total BPO. India thus has some 5-6% share of the total BPO Industry, but a commanding 63% share of the offshore component.

Other locations such as Eastern Europe, the Philippines, Morocco, Egypt and South Africa have emerged to take a share of the market. China – where the potential is also huge -- is also trying to grow from a very small base in this industry.

Click here for the full report.

OVERVIEW

SupportSave Solutions, Inc., is the fastest growing publicly traded Business Process Outsourcing (BPO) provider with 96% Year over Year growth in its latest fiscal year ended May 31, 2009. SupportSave offers low-cost, high quality outsourced customer service, technical support and back-office support to businesses of any size. With Operations in both the US and The Philippines, the Company provides full-time dedicated agents from just $5 per hour.

For more information on SupportSave Solutions, Inc., CLICK HERE.

TeleTech Holdings, Inc. is one of the largest and most geographically diverse global providers of technology-enabled business process outsourcing solutions. TeleTech and its subsidiaries have a 28-year history of designing, implementing, and managing critical business processes for Global 1000 companies to help them improve their customers' experience, expand their strategic capabilities, and increase their operating efficiencies. By delivering a high-quality customer experience through the effective integration of customer-facing front-office processes with internal back-office processes, we enable our clients to better serve, grow, and retain their customer base. We use Six Sigma-based quality methods continually to design, implement, and enhance the business processes we deliver to our clients and we also apply this methodology to our own internal operations. TeleTech and its subsidiaries have developed deep domain expertise and support more than 270 business process outsourcing programs serving approximately 90 global clients in the automotive, communications and media, financial services, government, healthcare, retail, technology and travel and leisure industries. Our integrated global solutions are provided by approximately 45,000 employees utilizing 35,600 workstations across 68 delivery centers in 16 countries.

For more information on TeleTech Holdings, Inc., CLICK HERE.

Sykes Enterprises, Inc. is a global leader in providing customer contact management solutions and services in the business process outsourcing (BPO) arena. SYKES provides an array of sophisticated customer contact management solutions to Fortune 1000 companies around the world, primarily in the communications, financial services, healthcare, technology and transportation and leisure industries. SYKES specializes in providing flexible, high quality customer support outsourcing solutions with an emphasis on inbound technical support and customer service. Headquartered in Tampa, Florida, with customer contact management centers throughout the world, SYKES provides its services through multiple communication channels encompassing phone, e-mail, web and chat. Utilizing its integrated onshore/offshore global delivery model, SYKES serves its clients through two geographic operating segments: the Americas (United States, Canada, Latin America, India and the Asia Pacific region) and EMEA (Europe, Middle East and Africa). SYKES also provides various enterprise support services in the Americas and fulfillment services in EMEA, which include multi-lingual sales order processing, payment processing, inventory control, product delivery and product returns handling.

For more information on Sykes Enterprises, Inc., CLICK HERE.

 
Forward Looking Statements

This report includes forward-looking statements that reflect the mentioned companies current expectations about its future results, performance, prospects and opportunities. the mentioned companies has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause the mentioned companies actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers, and those outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results.

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