Latin America/Caribbean

How the Pandemic Changed Outsourcing for the Foreseeable Future

Posted: 07/13/2021 - 09:00
How the Pandemic Changed Outsourcing for the Foreseeable Future

Because of the vulnerabilities that the pandemic has laid bare, many companies are re-thinking their sourcing strategies. While these issues have been most apparent in goods produced overseas, companies are also re-evaluating the wisdom of relying on providers in far-off locations with different time zones and geographies for outsourced services, such as AI and software development. For this reason, according to consulting firm MJV Technology & Innovation, the interest of Fortune 500 companies in nearshoring has significantly increased during the pandemic.

Data is Key to Latin American E-Commerce Logistics

Posted: 07/08/2021 - 09:00
Data is Key to Latin American E-Commerce Logistics

As has happened everywhere in the world, shopping and buying habits in Latin America have been profoundly affected by the still ongoing COVID-19 pandemic. Once a laggard in e-commerce, it is now the fastest-growing regional e-commerce market in the world; last year, total retail e-commerce sales in Latin America grew 36.7%, to $84.95 billion.

Could Puerto Rico Become the Next Big Tech Haven?

Posted: 06/09/2021 - 09:00
Could Puerto Rico Become the Next Big Tech Haven?

During the 2006 economic downturn in Puerto Rico, many jobs were lost and people left the island. Fast forward to 2017 when Hurricane Maria made the problem even worse. People left the island in masses; and many didn’t come back. It’s often said that every Puerto Rican knows someone who died and someone who left as a result of the devastation. 

5 Tips for Cross-Border Business Success in Latin America

Posted: 02/19/2020 - 04:01
Nearshoring in Latin America

With a regional GDP predicted to grow at least 2.5% per year over the next 10-15 years, Latin America makes up an enticing emerging market that will soon outpace larger, more established ones. According to Americas Market Intelligence, Latin American e-commerce revenues reached $109 billion last year. The e-commerce market is already substantial, with Colombia and Argentina making up two of the top three fastest-growing e-commerce markets in the world.

Whatever You Call It, Outsourcing to Puerto Rico Is a “Shore” Thing for U.S. Businesses

Posted: 02/27/2019 - 07:38
Puerto Rico may suffer a severe identity crisis when it comes to naming its category of outsourcing. It’s not really offshoring from the U.S.…nearshoring may be a better term. But as a U.S. territory, is it technically onshoring? When one thinks of that term, an image of open spaces in Oklahoma or Michigan come to mind – and that’s definitely not Puerto Rico. Do you see the dilemma? 
 

3 Tips for Communicating with Business Partners in Latin America

Posted: 08/22/2018 - 22:03
Working with an international team can be a highly effective way to bring new ideas and innovation to your business. However, the U.S. style of doing business may not bring about the results you desire when working with a team in Mexico, Colombia or Argentina. Each country requires a unique form of communication to reach an understanding with your team.

Q&A: Alejandro Camino, Softtek

Posted: 12/15/2016 - 00:45

Outsource got together with Alex at October's SIG Summit in California to hear his thoughts on how his organisation is reacting to current changes in the market landscape; the pros and cons of decentralisation; the importance of "China for China"; and why the automation revolution offers huge opportunities - and challenges...


Outsource: So, Alex, what are you guys up to at the moment?

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