One of the perks of this experience is having the opportunity to learn more about other cultures. After a year of thorough investigation, and backed by his personal experience founding and leading bairesdev, a software outsourcing company, the author presents it outsourcing to latin america. Download it once and read it on your kindle device, pc, phones or tablets. Terminal acquired roikoi to improve remote talent recruitment. Software development outsourcing in latin america agileengine. Software outsourcing to latin america cuts down on costs beyond the favorable business climate that mexico is creating, organizations are looking to latin america for developers to save on costs. The obvious advantage of outsourcing your development to latin america is proximity, but theres actually a lot more to it than mere miles between countries. Although regions like asia and eastern europe have the hegemony in it software outsourcing for the latest decades there are new trends in global economy and technology that qualifies latin america as the new emerging region to outsource software it projects. Hire the best it services company in latin america. The benefits of outsourcing software developers to latin america.
Jun 15, 2017 outsourcing in latin america is on the rise. Topics such as cultural proximity and timezonedriven impact are analyzed in depth using studies and new market research, producing powerful and useful insights for any business owner looking to. Offshore software development in latin america 2020 youteam. Today, this industry is growing faster than in any other region of the world. Many of these south american tech entrepreneurs aim to build software shops to service the us market, across a variety of technologies. Latin america fastest growing outsourcing destination fws. Procurement outsourcing in latin america on the ground. Accelerance partner selection services guide your company to the top software companies in latin america that are fullyinvestigated and proven to deliver. While latin america is just a stones throw away from the us, which is a major buyer in the global services industry, outsourcing to latin america is still relatively new and the outsourcing industry has quite a few challenges to overcome. Software outsourcing offshore latin america, best alternative. Latin america, with its nearshore advantage, is increasingly becoming a popular destination for software development outsourcing.
Heres why your organization should consider outsourcing your software development to latin america. It services, hardware, and outsourcing are the biggest sectors of its technology market. Outsourcing software development is commonly used in hopes of increasing quality and productivity. The latin america outsourcing market is growing steadily, but it has key challenges to overcome. With a fastgrowing, skilled pool of developers, its. Sep 17, 2018 if you thought filming telenovelas is the fastestgrowing market in latin america, close but think again. How do software developers salary in mexico compare to the u. The growing role of latin america in the technology industry.
Latin america is not known for a prolific production of highly trained system engineers and programmers, and i would think that locations in south east asia india in particular, but im guessing bangladesh or vietnam as w. These figures prove that the software development industry in latin america has. Mexico and countries in central and south america are providing broader and deeper service options than ever before. I work for a software testing outsourcing company that was founded in uruguay which has since opened an office in san francisco. Meanwhile, last years employee turnover rate in software was. An analysis of the market and opportunities in the region. According to the data, latin america exceeds in python and has a good percentage of mobile developers. It provides a viable solution to the talent shortage and skyrocketing costs of onshore development. With rapidly evolving technologies, nimble competitors, and changing consumer preferences, you may be struggling to deliver consistent, highquality digital experiences for your audiences. Top 100 software development companies in latin america may. Latin america and the boom of software outsourcing. Outsourcing in asia, europe, and latin america asia premier. Latin america redefines outsourcing, emerging as a critical player in it, reads a 2011 headline in business insider. Top outsourcing destinations in latin america for 2019.
Mexico has rapidly grown into one of the most attractive it outsourcing destination in latin america, ranking in th place on the 2017 a. Pentalog is a global it outsourcing partner able to deliver nearshore outsourcing services to our clients with only a 0 to 4 hour time difference anywhere in the world. Latin american governments have realized the competitive advantage of investing in technology and innovation for their home economies. Latin america the new it outsourcing destination april 30, 2009 by fernando cio magazine recently well, march 26th, about a month ago i just found the article.
There are over 1 million developers in latam in 2018. Although virtually all countries in latin america and the caribbean are facing some level of disruption because of the covid19 pandemic, the severity of the pain is. Pentalog is a global it outsourcing partner able to deliver. Outsourcing software development in latin america considering outsourcing your software dev. As the use of mobile and web apps rise, your businesss digital presence becomes even more important.
Colombia is the fourth largest economy in latin america and has the third largest population with over 49 million inhabitants. Latin america beckons as a global outsourcing destination november 2009 from kpmg summary. As businesses look to create greater efficiencies, the global market for business outsourcing continues. Mar 09, 2011 the latin america outsourcing market is growing steadily, but it has key challenges to overcome. Outsourcing to south america is a trend tech entice. In the end, what will be needed is the passionate entrepreneurship that has leveraged indias qualities to create the outsourcing giant that it is today. We would be able to provide you high quality software outsourcing development and quality assurance. This is why we advocate for nearshore outsourcing and why we feel latin america is the best place to find an outsourcing partner. May 14, 2018 the new law has also made brazilian outsourcing more attractive to international companies. Latin america s geographic proximity to the us has made the region a strategic destination for software outsourcing. We have set shop in mexico to provide a nearby alternative to businesses looking for an outsourcing partner in south america. Outsourcing is not just about cost savings, its about increasing efficiency and developing global partnerships to gain access to a bigger talent pool. Unlike other outsourcing destinations in the world such south east asia, south america has the advantage of similar cultures with the us, a closer time zone, and close proximity.
During nexus 2017, everest group presented some of the most uptodate numbers on outsourcing in latin america. Outsourcing in asia, europe, and latin america asia. Growth in latin american software outsourcing techavy. Latin america outsourcing belatrix has development centers in argentina, peru and colombia. After a year of thorough investigation, and backed by his personal experience founding and leading bairesdev, a software outsourcing company, the author presents it. If you thought filming telenovelas is the fastestgrowing market in latin america, close but think again. A combination of highlyskilled workers, close geographic location, and english language ability has helped latin america become one of the leading software outsourcing hubs over the years. As governments in the region incentivize the development of outsourcing hubs through education, tax incentives, and legislative measures, latin america continues to gain global recognition as a top destination for highquality software exports. What risks might await you when outsourcing to latin american countries. Hire the best custom software development company in latin america. According to the 2017 peru service summit, software, digital marketing, architecture, bpo, publishing, graphic services, animation and video. Latin america offers several advantages beyond cost arbitrage, especially for companies based in the u.
Bloomberg reports that in 2018, us software engineers in active job search chose from 4 offers on average. Although virtually all countries in latin america and the caribbean are facing some level of disruption because of the covid19 pandemic, the severity of the pain is clearly going to vary from location read more. With the regions it industry revenues soaring by 20. S a few benefits to outsourcing developers in latin america. The government can help, but the players have the ball, and that will define the game. Oct 23, 2018 the growing role of latin america in the technology industry. Although outsourcing costs tend to be higher in latin america than in other regions, outsourcing your software development to latin american countries remains a bargain compared to hiring your own programming team in north america. This is especially true for the companies on the pacific coast where the time zone difference with other destinations leaves little chance for realtime communication and management. The global it outsourcing industry is forecast to grow at a cagr of 5. Why latin america is the best nearshore outsourcing option. The outsourcing market in latin america is pegged to grow at doubledigit rates until 2019, with procurement outsourcing accounting for more than 30 percent of this growth.
Latin american software outsourcing is among the best in the world. Software outsourcing to countries in latin america has grown tremendously over the past decade. Jul 24, 2018 software development outsourcing companies in latin america are gearing up to compete with usbased dev shops. Today, most companies want convenient and personalized customer and tech experiences, and they are willing to pay for it. South american outsourcing for offshore software development can also be used as a cost saving option for companies in the eastern hemisphere. All of which make outsourcing with latin american countries easier. Universities in latin america have robust it programs and yield enough programmers to easily honor software outsourcing commitments. However, for those seeking optimal results, evaluating an outsource partner involves many considerations. Top 10 software companies with offices in the san francisco bay area and development centers in mexico.
Accelerance published the 2018 guide to global software outsourcing. Peru has quickly become one of the standout outsourcing destinations in latin america combining excellent technical talent with a fastmoving entrepreneurial scene. We chose these countries because they are excellent locations from which to source your next software development project. Latin america has become a global hub for software outsourcing in the past 20 years. S companies there are many advantages in outsourcing and hiring the young talent brewing south of the. One of the main characteristics was the attraction of the nearshore that gave it the position of a friendly zone for outsourcing. According to the world trade organization, argentina is the eighth largest exporter of computer services. Except for the philippines capital city manila, there are also vibrant it centers such as cebu with its technoparks, davao city and sta.
Benefits of outsourcing to latin america flatworld solutions. Which tech hubs in latin america are getting the most. For two years ive worked for uruit and its been an interesting journey learning more about the south america software outsourcing world. Belatrix software software outsourcing south america. Latam outsource the business of outsourcing in latin. Colombia has also seen an upward trend in the number of students electing to study software development, it, and related fields in the past several years. Two south american software outsourcing headquarters, two amazing cultures, thousands of questions. Five things to know about outsourcing to latin america. Finally, mirroring the rest of the world, webbased saas solutions are experiencing a growing popularity for payroll outsourcing in the latin america region. There are quite a few reasons to choose latin america as your nearshore outsourcing destination. Which country in latin america is the most attractive. Latin american payroll growth best payroll software in 2017. Compared to india or china, other top destinations for software outsourcing.
This book discusses how software outsourcing tackles these challenges, and specifically how outsourcing to latin america has evolved to solve them. Not only is latin america software outsourcing on the rise, but the region has become a global hotspot for technology services. This guide summarizes the rates of softwarebased jobs when outsourcing in asia, europe and latin america. Software outsourcing in latin america has grown tremendously. A decade ago it seemed crazy to think that latin america would be one of the best technology centers. Done right, searching on your own for a qualified software outsourcing partner that perfectly aligns to. Latin america and the boom of software outsourcing assuresoft.
Outsourcing software development remains one of the main trends on the it market. There are major players popping up around the world but, within the industry, south america software development is an increasingly viable alternative to established offshore competitors like india, china, and ukraine. Softtek is a global provider of it and business process solutions with operations in north america, latin america, europe and asia. And because of their close proximity to north american clients, these countries compete favorably with india, china and other outsourcing destinations. Latin america outsourcing in latin america, software outsourcing is the fastest growing industry with argentina, brazil, colombia, and chile leading the way. Software outsourcing offshore latin america, nearshore vs. Software development outsourcing companies in latin america are gearing up to compete with usbased dev shops. Colombia has transformed itself to become one of the. By now, we have talked multiple times about why you should outsoure your software development projects to latin. Mexico and countries in central and south america have jumped on the software outsourcing bandwagon. Being on the same continent means north and latin america share a similar cultural, language, and educational traits, which makes understanding between them much easier.
I am from ca and know many other people from the us who work in uruguay to help promote their it outsourcing companies. Mexico is also the 11thlargest economy in the world, with great potential to become the worlds next great power. Outsourcing in south america is an increasingly appealing nearshoring option for us companies. The benefits of outsourcing software developers to latin.