In today’s increasingly interconnected world, businesses have embraced remote workforces to tap into global talent pools. Southeast Asia, in particular, has emerged as a hub for skilled professionals in diverse industries such as technology, customer service, marketing, and more. Companies like Flat Planet, which specialise in remote staffing, empower businesses to harness this talent effectively.
In today’s fast-evolving business landscape, the ability to collaborate seamlessly across borders is a competitive advantage. Australian companies, increasingly tapping into the talent and opportunities in Southeast Asia, are discovering the critical role of AI-enabled platforms in enhancing productivity and overcoming geographic and cultural barriers. For businesses relying on remote staffing services, like those offered by Flat Planet, AI technology is proving indispensable in streamlining communication.
Cloud Computing and Computer Software Development are together worth around USD 1.25 trillion and forecast to grow to USD 2.5 trillion by 2030, which is only five years away, according to recent industry reports from Gartner and Statista.
Those same sources say that as much as 70% of the development work in these industries is outsourced. Two questions jump to mind: First, why is such a high percentage of computer software development work outsourced?
The outsourcing industry has a name for this shift in emphasis from low-skilled to high-skilled roles. Lower-skilled roles are seen as more traditional, falling into a category called Business Process Outsourcing (BPO). Higher-skilled roles are seen as an emerging market, known as Knowledge Process Outsourcing (KPO). The combined value of both the BPO and KPO markets is around USD 325 billion according to Grand View Research, a credible source often quoted in the world’s media.
Forty-eight percent of Australian SMEs are now either outsourcing work offshore or actively considering and experimenting with the concept, according to Dynamic Business, which published the results from a detailed analysis of offshore payments.
Views vary as to the reason why growth in outsourcing companies in Australia is happening. On the one hand, multiple sources cite the two obvious reasons as being high wage costs (coupled with significant wage inflation) and an ongoing shortage of labour.
In today’s fast-paced business world, startups must remain agile and cost-effective while maintaining high-quality standards. Knowledge Process Outsourcing (KPO) provides an effective solution, especially for Australian startups aiming to compete in global markets. KPO is an evolution of Business Process Outsourcing (BPO), shifting focus from simple tasks like customer service, to more complex knowledge-based work. This approach allows startups to access specialised skills, enhance efficiency, and save on labour costs, helping them scale rapidly.
Australia’s skilled labour shortage is posing real challenges for businesses across industries. Rising operational demands, limited local talent, and increased competition are making it hard for companies to find and retain the staff they need. However, strategic approaches can help businesses navigate these challenges while continuing to grow.
Australia’s tech industry is rapidly evolving, driven by digital transformation and innovation. However, as companies increasingly adopt new technologies, they face a significant challenge: a shortage of tech talent. With demand outpacing supply, businesses are struggling to fill crucial roles, particularly in fields such as cybersecurity, software development, and data analytics. To bridge this gap, many Australian businesses are turning to Flat Planet for their outsourcing needs in Southeast Asia, where a highly skilled, offshore workforce offers both expertise and cost-effective solutions.
Surf Life Saving Australia (SLSA) is a pillar of community safety, with a determination and commitment to saving lives…
Many people struggle with life admin because they often prioritise their work commitments over their day to day life.
Australian businesses face increasing operational costs amidst a competitive landscape.
