European freelancer network PeoplePerHour announced their launch in India on March 2, 2011. The network is looking to target SMEs that can gain access to a virtual workforce from around the world at the click of a button. The network enables businesses to connect with a community of freelancers from 150 countries worldwide, enabling companies to scale up or down as required.
According to the release, PeoplePerHour.com now has more than 125,000 registered users and has seen more than $40 million worth of work posted on the site in the last 18 months.
Indian SMEs already rank third in usage of the site, and can use it to outsource work on an ad hoc basic while also gaining access to a global talent pool, and for people who would prefer to work from home, represents an employment opportunity, which is flexible enough to meet their requirements.
Xenios Thrasyvoulou, Founder and Chief Executive Officer of PeoplePerHour, said, “India is an exciting new market for PeoplePerHour.com. Traditionally, online business marketplaces are characterised by Western businesses outsourcing to low-cost freelancers on the Sub-continent. However, we’re seeing growing evidence of the reverse happening: Indian businesses are outsourcing certain functions to freelancers based in Europe and the US. Perhaps this isn’t surprising given the growing status of India in the global economy.”
Trust is a key element to outsourcing, and one of the options on the network allows employers to leave feedback on freelancers, so that potential employers can pick and choose to get talent who they can depend on even if they never meet them.
The site initially began with one sector – administrative services – and following its success and popularity, quickly expanded within three months alone to 10 service categories covering thousands of individual skills.
The website now has in excess of 93,000 service providers, across 150 countries, and serves over 32,000 small businesses clients.