This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
EVENT ProcureCon IT Sourcing 2023 June 26 - 27, 2023 | Boston Marriott Copley Place, Boston, MA Everest Group is a proud sponsor of ProcureCon IT Sourcing, taking place from June 26 – 27, 2023, at the Boston Marriott Copley Place, Boston, MA. Should we consider new locations onshore, nearshore, or offshore?
Global Locations State of the Market 2023: Changing Locations Landscape in the Face of Economic Uncertainty Offshoring/nearshoring has seen an uptick across functions as enterprises have embarked on a road to recovery post the pandemic.
In-Person Event SIG 2023 Global Executive Summit October 16 - 18, 2023 | Scottsdale, AZ Everest Group is a proud sponsor of SIG’s 2023 Global Executive Summit , taking place from October 16 – 18, 2022 at the Omni Scottsdale Resort & Spa at Montelucia, in Scottsdale, AZ.
In-Person Event SIG 2023 Global Executive Summit October 16 - 18, 2023 | Scottsdale, AZ Everest Group is a proud sponsor of SIG’s 2023 Global Executive Summit , taking place from October 16 – 18, 2022 at the Omni Scottsdale Resort & Spa at Montelucia, in Scottsdale, AZ.
Join this virtual roundtable as our experts and your peers discuss and explore the vision, effort, and support required for scaling R&D capabilities from offshore/nearshore delivery centers.
Nearshore vs Offshore: Things to Consider. This task often involves a comparison of the TCE for offshore and nearshore service providers, which must account for other factors besides the hourly cost of each worker. Offshore vs. Nearshore Comparison. Offshore Costs. Management overhead.
How Disruptions Reframed Offshoring When the Fukushima nuclear disaster struck in 2011, its impact rippled far beyond Japan, crippling international supply chains and exposing a central drawback in the traditional outsourcing services model of offshoring: distance. Is offshoring addressing risk effectively? Events like the U.S.-China
However, for simpler queries, alternative nearshore locations such as South Africa and Egypt offer similar advantages that Eastern European locations can provide at lower price points without any dip in the talent pool. With the continuing escalating events, it is important to stay informed on the latest developments in this region.
To learn the top priorities among GCC leaders, read on for takeaways from our experts who attended the mega event. . India remains at the center of the offshore/nearshore global delivery portfolio across most enterprises. Learn more about this game in our upcoming LinkedIn Live event. The key is to keep rolling the dice!”
Related news: Are You Getting the Most Out of Your Nearshore Digital Transformation Partner? The Nearshore Model is the Best of Both Worlds. from far-flung offshore regions, and this opens up widespread opportunities for Puerto Rico-based nearshorers, which can offer lower costs and equal quality than mainland providers.
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. 1: Talent Level and Employee Availability.
Boost Productivity with Offshore Staffing. Businesses have been utilizing offshore staffing for a number of years as a way to reduce expenses and boost productivity. The most suitable option might be to establish an offshore staff for your business. Offshore staffing enables you access to great talents at a fraction of price.
Romania has become a popular location for hiring engineering talent, especially for European companies looking for nearshore solutions. Indeed, many CTOs and business leaders are hiring offshore developers in the Asian country to support their organisations’ long-term growth. Romania Developer population: 200,000 professionals.
A force majeure clause allocates the risk of loss if performance is hindered, delayed, or prevented because of an event that the parties could not have anticipated or controlled. Unforeseen events or catastrophes hardly ever come with a warning. – American Bar Association. How do organizations safeguard against such risks?
So jump on board The Scalers’ rocketship as we blast into orbit and look back at the past year’s biggest wins, key events, and perhaps most importantly — new crew. Build your offshore development centre in the Silicon Valley of Asia. It’s all about partnership. 2021 saw us explore new territories and expand our partnerships.
Nearshore or Offshore Expansion With US staffing challenges and rising costs, nearshore or offshore BPOs become attractive alternatives. High-growth offshore markets, such as Sub-Saharan Africa, offer cost-effective solutions with a growing talent pool.
Consider what type of outsourcers are available There are around ten different types of outsourcing companies, ranging from physical manufacturing, to IT, to project outsourcing, offshoring, and more. It’s important to know what will happen to your processes and data in the event the outsourcer cannot provide support.
Businesses now look beyond offshore outsourcing and labor arbitrage, instead leveraging artificial intelligence (AI) and automation to create efficiencies and modernize processes. Near-sourcing Near-sourcing, also called nearshoring, involves moving sourcing activities closer to where goods or services are sold.
Outsourcing business models—insourcing, onshoring, offshoring, nearshoring, and multi-sourcing—are all based on the client’s proximity to their outsourcing team. Chapter 10: Advantages & Disadvantages of Offshore. Chapter 11: Nearshoring Benefits & Disadvantages.
Cost savings can vary significantly based on project complexity and the chosen partner (offshore, onshore, or nearshore). This approach also enables startups to bridge skill gaps promptly without lengthy hiring processes, enhancing capabilities and accelerating growth. What are the typical cost savings percentages for each model?
Earlier in this series, we looked at different outsourcing models—nearshore, offshore, onshore—along with the pros and cons that come with each option. For Western European companies, on the other hand, Eastern Europe is the most logical choice if you’re looking for a nearshore partner. Latin America. Talent Availability.
Learning about local culture goes beyond the basics of cultural events and broad assessments (even though they can be helpful) of how a region behaves in business circumstances and extends to the nuances of their communication styles. Tags: Culture OffshoringNearshoring Talent Management Supplier Management. Region: Global
Perficient is a global company with onshore, nearshore, and offshore teams. I’ve worked with a lot of offshore developers in India and some in Latin America on almost all of the projects I’ve been involved with. When the Atlanta office host events, I usually do the catering as well.
At the same time, COVID is, in part, responsible for the growing demand for outsourcing services—factors include remote work, new customer needs and changing expectations, the need for virtual events and collaboration spaces, as well as emerging security threats and privacy concerns. It’s a lot. Outsourcing Rules and Regulations.
GBS Leadership Exchange | Invitation-Only Event. To meet the surge in demand for talent, BFS GBS organizations are expanding their locations and sourcing portfolios with a “more is better” approach by searching out various talent supply models and locations across offshore, nearshore, and onshore geographies.
The prevalence of gray swan events in the MEA region has noticeably risen and become more common, leading to the increased likelihood of unforeseen events. Ally-shoring – a prudent choice during uncertain times Against the backdrop of these economic woes, global geopolitics have been marked by black swan events since 2020.
How Disruptions Reframed Offshoring When the Fukushima nuclear disaster struck in 2011, its impact rippled far beyond Japan, crippling international supply chains and exposing a central drawback in the traditional outsourcing services model of offshoring: distance. Is offshoring addressing risk effectively? Events like the U.S.-China
Participants will explore: What key capabilities are truly niche or specialized, and how they impact enterprise value creation The challenges and opportunities in creating a business case or proof of concept (PoC) for these capabilities The trend of moving regulated and licensed roles to offshore or nearshore delivery centers Best practices for building (..)
Finding a reliable offshore or nearshore software development outsourcing Romania can be a significant challenge for businesses. The company combines the benefits of offshore outsourcing software development to Romania with world-class technical skills to deliver exceptional value.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content