Comment on The Philippines' big offshoring industry is growing despite AIparentComments−eru1moWhat's a GCC?−bakraman1moGlobal capability centers where they basically do the business processes and work for US/EU companies for fraction the cost.−TeMPOraL1moSo basically like ghost kitchens for white-collar work, with an extra timezone difference?−kingkongjaffa1moYes exactly like that.−nlpnerdOP1moTIL−ricksunny1moWhat happened to 'BPO'? cool kids?−ripe1moBPO means the US company is outsourcing to an Indian company. A Global Capability Center (GCC) means it's a US company subsidiary in India.−lotsofpulp1moAka an office or a department in another location where payrates are less than the company median. Coming up with these initialisms must be hard work, I doubt AI is that clever.−TeMPOraL1moInventing these initialisms, as well as the systems they name, is hard and well paying work!−eru1moThanks. Sounds like a good deal.−lmz1moso-called global capability centres, captive back offices that are booming in India ...−eru1moThanks a lot!
Comments
What's a GCC?
Global capability centers where they basically do the business processes and work for US/EU companies for fraction the cost.
So basically like ghost kitchens for white-collar work, with an extra timezone difference?
Yes exactly like that.
TIL
What happened to 'BPO'? cool kids?
BPO means the US company is outsourcing to an Indian company. A Global Capability Center (GCC) means it's a US company subsidiary in India.
Aka an office or a department in another location where payrates are less than the company median. Coming up with these initialisms must be hard work, I doubt AI is that clever.
Inventing these initialisms, as well as the systems they name, is hard and well paying work!
Thanks. Sounds like a good deal.
Thanks a lot!