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Nearshoring Preferences: North American companies increasingly favor nearshore outsourcing in Latin America to facilitate collaboration in similar time zones. This trend is expected to grow as RPA technology becomes integral to automating repetitive tasks and improving operational efficiency.
Cost competitiveness In terms of operatingcosts, according to information from the Mexican Ministry of Economy, in the information technology sector, Mexico compares with levels similar to those of China and India. It is forecast that by 2026, around 118.2 By the end of 2023, it predicts adding more than 8.85
Implementation of IFRS 17 would require much stricter reporting and stricter standards, which is likely to increase operationalcosts for financial institutions The Middle East and North Africa (MENA) region is seeing growing regulatory support for open banking and digital payments. are also emerging as low-costnearshore centers.
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