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PeopleSupport has a long and proud history of innovation and leadership in the business
process outsourcing (BPO) industry.
Historical timeline:
1998 – co-founded by Lance Rosenzweig, Chairman and CEO and began
providing customer management services from the
U.S.
2000 – pioneered offshore BPO services from the
Philippines
with 40 Filipino employees, broadened service offering and focused on large and
stable clients
2003 – transitioned all operations to the
Philippines
and began providing accounts receivable management (ARM) services
2004 – IPO on Nasdaq
2005 – opened the
PeopleSupport
Center
in
Manila, Philippines
, believed to be the most advanced BPO facility in the country
2006 – acquired Rapidtext and The Transcription Company to enter
the transcription and captioning market and opened operations in Costa Rica to provide
Spanish and bilingual services
2007 – aligned operations along key vertical industries, and employs
more than 8,600 employees in the
Philippines
, several hundred employees in
Costa
Rica
and maintains corporate offices in the
U.S.
Our Story
After experiencing terrible customer support from a large and well respected internet
retailer, Lance Rosenzweig and David Nash founded PeopleSupport in 1998 with the
idea of vastly improving dot-com customer support. PeopleSupport pioneered
the concept of supporting online consumers via chat and email while the consumers
surfed the web – a revolutionary idea at the time when most internet surfers
had one phone line that was connected to the internet over a dial-up connection.
A phone call would have meant disconnecting from the internet and significantly
decreasing the likelihood of an online transaction.
PeopleSupport grew rapidly within two years to become a leading provider of customer
support for internet companies. In 2000, however, the dot-com "bubble" burst
and many of PeopleSupport’s early clients went out of business. PeopleSupport
needed to adapt to a new business environment. Fortunately, PeopleSupport
had a vision for a business model based on a new opportunity – the concept
of globalization and its impact on customer management services.
PeopleSupport was one of the first outsourcing companies to open operations in the
Philippines
, and was once again a pioneer in the evolution of customer management services.
At the same time, the PeopleSupport expanded its services to offer a comprehensive set of customer support, including voice-related support, and other BPO services.
With a new and very compelling value proposition, PeopleSupport targeted large and
financially stable companies, and the company soon increased revenues significantly.
The
Philippines
has become widely recognized by corporate
America
as a premier location for voice-based services. PeopleSupport benefited from
substantially lower wage rates in the
Philippines
and gained access to a large pool of skilled, college-educated English speaking
professionals, as well as abundant and cost-effective telecommunications linking
the
Philippines
with the
U.S.
PeopleSupport focused on providing high performance BPO services consisting of high
quality performance, world-class operations and technology and a highly trained
team to specialize in up-selling and cross-selling additional products and services
for clients. PeopleSupport was able to offer a much better service, while
cutting costs and, in some cases, becoming a profit center rather than a cost center
for clients. By 2004, PeopleSupport was ready for its IPO.
Since its IPO, PeopleSupport has expanded its operations rapidly in the
Philippines
, opened new centers in
Costa Rica
for Spanish and bilingual services, and expanded its service offering to include ARM, transcription and captioning and other back-office services. In 2007,
PeopleSupport aligned its operations along key vertical industries where the company
has deep industry domain knowledge and expertise.
PeopleSupport continues to lead the offshore business process outsourcing (BPO)
by aligning its operations provider along key vertical industries:
- Travel & Consumer
- Financial
- Healthcare & Insurance
- Technology & Telecom
- Media
PeopleSupport has a proud history as a leading provider of offshore BPO services.
PeopleSupport reduces costs, improves performance and increases revenues for our
clients by delivering high quality, value-added, multilingual services. To
learn more about PeopleSupport, please Contact
Us.
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