Nearshoring in Central America: A Successful Trend in BPO

As the outsourcing sector continues to grow in strength with each passing day, new strategies are being explored that will stimulate further development in this domain. Nearshoring is an emerging trend among BPO companies with several success stories being reported in this area. This process involves an outsourcing arrangement that is implemented in approximately the […]

Outsourcing and Nearshoring: A Reality Check

Recent researches on outsourcing industry have revealed some startling facts about the industry. According to TPI Global Index, in the first quarter of 2012, there is a tremendous fall in the value of offshore outsourcing contracts when compared to last year values of the same period. There is a decline of 30% in IT outsourcing […]

Know emerging global BPO destination – Balkan Countries

Southeast European countries are becoming the next promising destination for business process outsourcing services. With the increase in global competition and the businesses striving to achieve this competitive edge, the firms are looking out for new and emerging destinations to outsource their services. Emerging economies provide them the opportunity to explore new and untapped resources […]

Know emerging global BPO destinations – Costa Rica

Costa Rica, a Central American country is an emerging BPO destination known more for “near shoring”. This country is known as one of the oldest democracies of the world with 95% literacy rate. Costa Rica is ranked 19th worldwide and 4th in Latin America as per the A.T. Kearney Global Services Location Index of 2011 […]

Indian IT companies reverse outsourcing jobs to US

US economy has been grappling hard with the slowdown and high unemployment rate in recent years. The experts widely believe that one of the reasons for increasing unemployment rate is outsourcing. US & Europe have been all throughout been known for outsourcing jobs to countries like India and Philippines which has created a furore in […]

Forecasts for IT outsourcing in Europe in 2012: Ciklum

February 6, 2012:  Ciklum, an IT outsourcing service provider from Denmark which offers nearshore services to companies in the Eastern European region has come up with forecasts on the European outsourcing Industry in 2012.  The year 2011 has witnessed a large scale application of Information technology outsourcing services in traditional areas such as IT and […]

Flips and flops in outsourcing to China

December 10, 2011: China has witnessed a phenomenal growth in the Information Technology and BPO sector over the past few years. Analysts in the field observe that China fits into the category of matured market in the IT and the BPO sector. China now enjoys a third place in the outsourcing industry after India and […]

What is offshoring?

Offshoring is a typical outsourcing model where business functions of an organization are performed in another country. The most important driving force behind offshoring is the cost reduction that organizations are able to achieve. Other reasons why companies go for offshoring are strategic in nature which includes entry into newer market, to utilize talents that […]

Top 50 influential outsourcing executives in US

November 1, 2011: As the global outsourcing industry is growing at an accelerated rate, Nearshore Americas has announced the top 50 influential outsourcing executives. The Nearshore Americas is an online news brand which focuses on BPO and IT services. Nearshore Americas is one of the popular media websites which provides news on the outsourcing industry. […]

US outsourcing web design to Central America?

October 24, 2011: The US companies have started to outsource functions other than call centers to Central America. Central America has become a favorite destination for web designing and development. There are local companies which operate exclusively for the foreign clients.   Ricardo Arce, an entrepreneur from Costa Rica says that there are companies with […]

Long term deals are now rare in BPO Industry

September 28, 2011: Is the BPO sector in India unable to find long term relationships with the service buyers in US? It might happen in the near future…!!!! Yes! Service buyers are becoming more conscious in maintaining long term relationships with the offshore vendors as to reduce the risk which may occur if recession hits. […]

ThinkSolution announces top nearshore destinations in LA

HILLSBOROUGH, NJ, September 27, 2011: ThinkSolutions, a leading company which gives in-depth analysis on the ups and downs in the IT and BPO sector has ranked various nearshore destinations in Latin America according to the performance and contribution made by the companies in these regions towards the overall economy of the IT and BPO sector. […]