It's the latest buzzword in outsourcing and soon may touch your life personally. At present, there are around 500,000 vendors and freelancers from various low cost countries in the PPO space.

As the trend catches on, more and more consumers will be able to offshore jobs at fairly low cost and get it done on time. Already, it's generating revenues worth &250 million annually worldwide and is expected to touch $2 billion by 2015, according to a report by Evalueserve, a global reasearch and analysis firm..

So what's PPO?

It consists of those services that are outsourced by individual enterpreneurs who are trying to bootstrap their new organization as efficiently as possible.

Currently it includes services like

• online tutoring,
• website development,
• graphic designing,
• software development,
• writing and translation services,
• accounting and tax preparation services,
• architectural services etc.

With technology advances and the growth of the Net, small offices, home businesses and freelancers can utilize PPO services and generate business. Lower phone tariffs and Internet costs are adding to this trend.

It's a different level in outsourcing. Freelance professionals are well poised to use this new trend to boost their business.