Groove Technology

NOVEMBER 15, 2024

Research indicates that outsourcing can expedite product launches significantly. According to industry research, 62% of tech executives plan to increase their outsourcing budget to meet new technical challenges. Organizations can achieve substantial cost reductions through outsourcing while accessing a global talent pool of 28.7

Software 100

Software Outsourcing Cybersecurity E-Commerce 100

Everest Group

OCTOBER 19, 2023

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. Star Performers are also identified based on their shift in positionings from the previous year.

Nearshoring 147

Nearshoring Marketing Offshoring Information Technology 147

Everest Group

JUNE 12, 2024

The Nexus 2024 event will discuss the deeper issues that influence the performance of the Nearshore Americas model. The Americas’ Nearshore has begun cultivating a worldwide reputation built on value, competence, and flexibility and it continues to capture a larger share of the global knowledge economy. Learn more and Register Rita N.

Nearshoring 130

Nearshoring Impact Sourcing Flexibility Research 130

Groove Technology

OCTOBER 1, 2024

Different outsourcing models, such as offshore, nearshore, and onshore, cater to diverse business needs and preferences. According to a report by Grand View Research, the global KPO market is expected to reach $124.29 billion by 2025. A KPMG survey found that 44% of organizations are considering this approach.

Software 130

Software Outsourcing Nearshoring Offshoring 130

Everest Group

OCTOBER 17, 2022

At the Clinton Global Initiative September 2022 meeting, former President Bill Clinton recognized research firm Everest Group’s pledge to grow the global impact sourcing market from its current level of 350,000 full time employees (FTEs) to half a million in three years. Read more in Nearshore Americas.

Impact Sourcing 130

Impact Sourcing Nearshoring Sourcing Outsourcing 130

Everest Group

OCTOBER 17, 2022

At the Clinton Global Initiative September 2022 meeting, former President Bill Clinton recognized research firm Everest Group’s pledge to grow the global impact sourcing market from its current level of 350,000 full time employees (FTEs) to half a million in three years. Read more in Nearshore Americas.

Impact Sourcing 130

Impact Sourcing Nearshoring Outsourcing Sourcing 130

WebCreek

NOVEMBER 25, 2021

A strategy that has been quite popular in recent years in different countries, such as Latin America , is the nearshoring strategy. What is nearshoring or the outsourcing of services? Nearshoring involves outsourcing. Advantages and Disadvantages of Nearshoring. When to Implement the Nearshoring Strategy.

Nearshoring 52

Nearshoring Outsourcing Marketing Research 52

WebCreek

NOVEMBER 25, 2021

A strategy that has been quite popular in recent years in different countries, such as Latin America , is the nearshoring strategy. . What is nearshoring or the outsourcing of services? Nearshoring involves outsourcing. Advantages and Disadvantages of Nearshoring. When to Implement the Nearshoring Strategy.

Nearshoring 52

Nearshoring Outsourcing Marketing Research 52

Future of Digital Sourcing Nearshoring

MARCH 20, 2022

Nearshoring digital transformation projects is becoming the fastest route to success for today’s businesses given the great worker resignation and the tech talent shortage, says Carlos Meléndez, COO and Co-Founder of Wovenware. He shares four key considerations to select the right nearshore partner.

Nearshoring 59

Nearshoring Service Outsourcing Regulations 59

WebCreek

JANUARY 19, 2023

You’ve even looked into the three types: nearshoring, offshoring, and onshoring. But because you’re a practical thinker and you hate wasting time, you’re considering partnering with a nearshore outsourcing company, which is why you’re reading this blog.

Nearshoring 52

Nearshoring Software Outsourcing Research 52

WebCreek

JANUARY 19, 2023

You’ve even looked into the three types: nearshoring, offshoring, and onshoring. But because you’re a practical thinker and you hate wasting time, you’re considering partnering with a nearshore outsourcing company, which is why you’re reading this blog.

Nearshoring 52

Nearshoring Software Outsourcing Research 52

Ivemsa

FEBRUARY 19, 2025

manufacturers can save the most, which is why nearshoring continues to be an impactful part of their global strategy. However, its not only the cost of labor in Mexico that should be considered when taking into account the value of nearshoring. Research shows up to 3.8 Labor rates in Mexico are where U.S. Semi-Skilled: $6.96

Manufacturing 52

Manufacturing Labor Costs Nearshoring Right-Sizing 52

31 West

JUNE 9, 2018

There are 3 main types of outsourcing which are onshore, nearshore or offshore. Nearshore refers to outsourcing to a company in a neighboring country. A perfect example would be a company based in the US outsourcing jobs nearshore to Mexico or offshore to India. How Do You Outsource? What Should Be Outsourced? Desktop Support.

Outsourcing 130

Outsourcing Content Writing Nearshoring Offshoring 130

VXI

JUNE 28, 2021

Hence the increased need for nearshore outsourcing. For the BPO industry, nearshore outsourcing refers to the process of entrusting customer experience-related functions to companies that are located in nearby countries. CURRENT STATE OF NEARSHORE OUTSOURCING. The value that nearshore offers.

Nearshoring 52

Nearshoring Outsourcing Offshoring Business Process Outsourcing 52

Ivemsa

APRIL 17, 2023

Nearshoring to Mexico has been a key strategy for decades as U.S. Here’s an overview of where the nearshoring process begins and how a shelter company can help. Site Selection Analysis As the first step in the nearshoring setup, there are several factors to consider when choosing the right manufacturing site.

Nearshoring 52

Nearshoring Manufacturing Administrative Payroll 52

Everest Group

APRIL 5, 2023

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.

Nearshoring 130

Nearshoring Offshoring Sourcing Collaborations 130

Ivemsa

MAY 3, 2023

Many factors over the years have led to a surge of foreign operators nearshoring manufacturing to Mexico. Lower labor costs when nearshoring to Mexico Labor costs are the majority of operational expenses to account for when launching production. Read more: Nearshoring and the advantages of the IMMEX program. Contact us today.

Nearshoring 52

Nearshoring Labor Costs Manufacturing Payroll 52

Ivemsa

MARCH 28, 2022

Nearshoring to Mexico is not a new concept. Merida is one of the main locations to keep on the shortlist of places to set up nearshoring to Mexico. Merida is one of the main locations to keep on the shortlist of places to set up nearshoring to Mexico. Differing from the lifestyle of nearshore manufacturing near the U.S/Mexico

Nearshoring 52

Nearshoring Manufacturing Labor Costs Government 52

Everest Group

FEBRUARY 16, 2023

However, our 2023 Key Issues research shows that talent has dropped from number one to number three on a list of top challenges as the economic slowdown sets in. IST Hiring and retaining talent proved to be the biggest challenge for global services leaders during 2021-2022, impacting enterprises and service providers alike.

Nearshoring 130

Nearshoring Offshoring Research Outsourcing 130

Ivemsa

MARCH 29, 2022

Merida has become a location of conversation among manufacturers seeking their next long-term investment when nearshoring to Mexico. Merida is quickly becoming one of the leading options for those who want to expand nearshore manufacturing beyond the northern border of Mexico. Working with a Shelter Company When Nearshoring to Mexico.

Nearshoring 52

Nearshoring Manufacturing Labor Costs Offshoring 52

Everest Group

OCTOBER 14, 2021

As a result, nearshore locations have steadily been gaining prominence for talent sourcing. Everest Group is a research firm focused on strategic IT, business services, engineering services, and sourcing. The talent shortage in emerging skillsets is also compelling enterprises to explore non-traditional locations to access talent.

Engineering 130

Engineering Software Cybersecurity Nearshoring 130

TMS

FEBRUARY 24, 2023

To understand what nearshoring is, first it’s necessary to understand what offshoring is. In recent years, nearshoring has become more and more common. So, what is IT nearshoring, and why it is so common? What are the pros and cons of using nearshoring? Nearshoring has a more specific connotation.

Nearshoring 52

Nearshoring Offshoring Outsourcing Labor Costs 52

Everest Group

JANUARY 5, 2023

Everest Group delivered the key findings from this research in a December 13 webinar, “Rise Above Economic Uncertainty and Succeed.” In light of these results and its corporate body of research, Everest Group has forecast five trends for the new year: A significant service provider portfolio rebalancing by enterprises is in the cards.

Outsourcing 130

Outsourcing Management Nearshoring Research 130

Everest Group

FEBRUARY 1, 2022

Based on our latest research, here are some of the established and emerging talent tech hubs to watch: Top Markets for Technology Services Talent. Next-generation IT services have boomed, including big data, cybersecurity, cloud, and IoT with a research focus primarily driven by close academia and industry collaboration.

Service 130

Service Cybersecurity E-Commerce Nearshoring 130

Ivemsa

SEPTEMBER 28, 2022

When nearshoring to Mexico, foreign manufacturers are exempt from the 16% VAT on all temporarily imported goods, materials, and equipment under the IMMEX maquiladora program. After researching suppliers , narrow down to top candidates and begin seeking bids. Develop a Sourcing Strategy. This can be achieved through automated reporting.

Strategic Sourcing 52

Strategic Sourcing Nearshoring Sourcing Manufacturing 52

Ivemsa

MAY 26, 2023

Nearshoring to Mexico has become a go-to strategy for many as more companies are expanding their portfolio and setting their sights on what Mexico has to offer. As the trade shift continues, and manufacturers are relocating their facilities from China, nearshoring to Mexico is all the more instrumental in a company’s success.

Nearshoring 52

Nearshoring Manufacturing Research Accounting 52

Redial

DECEMBER 9, 2022

over the forecast period, according to data presented by Vantage Market Research. Something achievable by specialized nearshore services providers. With a value of USD 112.5 Billion in the year 2021, is expected to grow around USD 332.5 Billion by the year 2028, following a Compound Annual Growth Rate (CAGR) of 19.8% Data security.

Nearshoring 130

Nearshoring Cybersecurity Regulations Finance 130

Groove Technology

OCTOBER 1, 2024

A study by Forrester Research found that outsourcing can accelerate time-to-market by up to 40%. Here's how to approach it: Researching potential vendors: Utilize platforms like Clutch or GoodFirms to find reputable outsourcing companies. What are the key differences between onshore, nearshore, and offshore outsourcing?

Software 130

Software Outsourcing Nearshoring Offshoring 130

Future of Digital Sourcing Nearshoring

JUNE 8, 2021

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.

Nearshoring 98

Nearshoring Manufacturing Offshoring Government 98

Groove Technology

SEPTEMBER 26, 2024

Offshore vs. Nearshore vs. Onshore vs. Hybrid Outsourcing Differences When contemplating externalized software development, it's crucial to understand the available paradigms. Nearshore Outsourcing Nearshore outsourcing involves partnering with development teams in neighboring countries or those within similar time zones.

Software 130

Software Outsourcing Offshoring Nearshoring 130

Everest Group

SEPTEMBER 12, 2024

By scaling up niche capabilities, forming new partnerships, and expanding into emerging markets and nearshore regions, these providers are positioning themselves for continued success in 2025 and beyond.

Engineering 130

Engineering Service Manufacturing Nearshoring 130

Redial

JANUARY 25, 2023

And the possibilities are endless, aiming for content creation, programming and even research, this is only the beginning. We have talked about how other tools powered by AI have aided multiple tasks in industries like software development and nearshore call centers.

Outsourcing 130

Outsourcing Data Entry Nearshoring Human Resources 130

Everest Group

JULY 8, 2022

India remains at the center of the offshore/nearshore global delivery portfolio across most enterprises. Discover more about Everest Group’s research on the GCC evolution. Most GCC leaders expect higher growth from the India centers than other locations. Some have plans to double their India headcount in the next two to four years.

Nearshoring 130

Nearshoring Offshoring Banking Flexibility 130

Everest Group

SEPTEMBER 30, 2024

In 2023 alone, over three hundred GCCs were set up in offshore and nearshore locations, and this trend is expected to continue in the near future. These include research and development (R&D), product development, digital transformation initiatives, data analytics, and even end-to-end supply chain management.

Supply Chain Management 147

Supply Chain Management Collaborations Advisory Nearshoring 147

Groove Technology

AUGUST 15, 2024

What is The Difference Between Onshore, Nearshore, and Offshore Software Development? Below is a brief comparison table between onshore, nearshore, and offshore software development: Criteria Onshore Nearshore Offshore Definition Project execution within the same country as the client. – Access to a diverse talent pool.

Offshoring 100

Offshoring Software Nearshoring Outsourcing 100

Pure Moderation

AUGUST 18, 2022

This gives the business more time for research and development. Nearshore Outsourcing. Nearshore outsourcing or nearshoring is similar to offshoring. Nearshoring enables businesses to transplant their operations to neighboring countries. Specialists will handle these responsibilities. Cost-Effective.

BPO 98

BPO Nearshoring Business Process Outsourcing Offshoring 98

Everest Group

MAY 16, 2022

During Q4 2021 setups of new Global Business Services (GBS) centers in offshore/nearshore locations numbered 45 as compared with 37 in Q3 2021. Everest Group is a research firm focused on strategic IT, business services, engineering services, and sourcing. Download a complimentary abstract of the report here. About Everest Group.

Offshoring 100

Offshoring Sourcing Outsourcing Global Business Services 100