Reasons to Examine Nearshore

Outsourcing
With web and mobile app development playing a critical role in the overall consumer
experience and slated to increase over 2015-2016, the need to cost-effectively and quickly
develop sophisticated, competitive apps has impacted the growth of nearshore outsourcing.
Nearshoring is the New Black
Nearshoring is the new buzzword in the growing area of web-based and mobile app
development. Traditional outsourcing refers to contract workers or software companies in the
Far East, China and India in particular. Nearshoring differs in that companies share a border or
a landmass, typically possess a solid command of the English language, enjoy a similar time
zone, and the ability to scale up in tech if needed. These sophisticated and experienced tech
force extensions have sent U.S. companies running for a borderthe South and Central
American borders.

1 . Time Efficiency
The timezone is often the same in South and Central American countries, making meetings much easier to
manage while keeping travel expenses low. Work can go faster since its completed in the same day (as
opposed to overnight in India), resulting in a days delay if corrections need to be made with little to no
collaboration.

2. Talented Work Forces

Latin America has a large supply of experienced workers.
In particular, Uruguay has emerged as one of the top providers
of nearshore-ready IT staff. The country, with a population of
around 3.3 million over 176,000 square kilometers, is one of
the most progressive and stable countries in the Americas, and
enjoys expansive government investments in tech for its
students. As a result, Uruguay has emerged as a top supplier
of highly competitive IT staff, making it ideal for nearshore
outsourcing.

3. Language Proficiency

In 2014, the U.S. Census Bureau reported that 54 million people in the U.S. identify as
Hispanic, making people of Hispanic origin the nations largest ethnic or racial minority,
which means in LatAm, language is not typically a barrier. Most countries In South and
Central America have well-developed English programs. In Uruguay, students boast a high
degree of proficiencyusually because in the tech sector, English is a requirement.

4. High Tech Compatibility

Its not an exaggeration to say countries in South and Central America are exploding
with IT growth. The Uruguayan IT industry has enjoyed early and dynamic growth
compared to other countries in the region, with a fast process of internalization that
started in the 1980s.

Looking at the list above, its easy to see why Nearshore outsourcing is so successful.

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