Groove Technology

NOVEMBER 15, 2024

Nearshoring Preferences: North American companies increasingly favor nearshore outsourcing in Latin America to facilitate collaboration in similar time zones. With outsourcing, companies can reduce operational costs and allocate more resources toward core business functions.

Software 100

Software Outsourcing Cybersecurity E-Commerce 100

Groove Technology

SEPTEMBER 27, 2024

This cost reduction stems from lower labor costs in certain regions, reduced overhead expenses, and the ability to scale resources as needed. According to a report by Korn Ferry, by 2030, there will be a global talent shortage of more than 85 million people.

Software 130

Software Outsourcing Offshoring Right-Sizing 130

Vilmate

JULY 27, 2023

billion by 2030, compared to a mere $6.30 It also facilitates remote troubleshooting, reducing the need for field trips and minimizing operating costs. It allows employees to gain hands-on experience and practice operating complex equipment or systems in a secure virtual environment. billion in 2021.

Manufacturing 52

Manufacturing Healthcare Design Supply Chain Management 52

Everest Group

MARCH 25, 2025

Implementation of IFRS 17 would require much stricter reporting and stricter standards, which is likely to increase operational costs 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-cost nearshore centers.

Outsourcing 130

Outsourcing Banking Nearshoring Regulations 130