Groove Technology

SEPTEMBER 27, 2024

According to a report by Korn Ferry, by 2030, there will be a global talent shortage of more than 85 million people. What's the difference between outsourcing and offshoring? While often used interchangeably, outsourcing and offshoring have distinct meanings. Some companies combine both by outsourcing to offshore partners.

Software 130

Software Outsourcing Offshoring Right-Sizing 130

Groove Technology

SEPTEMBER 27, 2024

from 2024-2030 (Grand View Research, 2023). Its time zone alignment with North America makes it an attractive nearshore option for US companies. What's the difference between offshoring and nearshoring in software development? The global IT outsourcing market is expected to reach $526.6

Software 130

Software Outsourcing Nearshoring Offshoring 130

Ivemsa

JULY 29, 2021

Mexico is a top option for many foreign manufacturers wanting to nearshore or reshore their production. It’s been reported over two million manufacturing jobs will sit empty through 2030, which could ultimately cost the U.S. This saves on shipping and logistics fees, especially compared to offshoring to China.

Manufacturing 52

Manufacturing Nearshoring Offshoring Engineering 52

Ivemsa

OCTOBER 6, 2021

They join several of the top global leaders in the manufacturing industry that have benefited from the advantages of nearshoring to Mexico for decades. However, Mexico continues to be a viable option with minimal risk and optimal reward, particularly when compared with offshoring to China. million unfulfilled jobs by 2030.

Nearshoring 52

Nearshoring Manufacturing Labor Costs Offshoring 52

Everest Group

MAY 10, 2022

trillion by 2030, according to market forecasts. Enterprise buyers of CX services are keen to balance their locations portfolio to manage business continuity risks for nearshore and offshore services. Strong domestic market : The latest African trends show that consumer spending growth in Africa is projected to rise to $2.1

Service 52

Service Third Party Outsourcing Government Regulations 52

Everest Group

NOVEMBER 6, 2023

Moreover, Egypt is experiencing growing demand for BPO talent, surpassing other prominent offshore/nearshore locations, as illustrated below, which demonstrates its increasing delivery capabilities. This is primarily due to sharing the same time zone with Israel, which facilitates collaboration.

Nearshoring 59

Nearshoring Government Offshoring Banking 59