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Maritza Diaz with Top 50 Latino Leaders award

Maritza Diaz featured in the Top 50 Latino Leaders of Influence 2022

Posted on | by TeresaPenafiel | 11 Comments on Maritza Diaz featured in the Top 50 Latino Leaders of Influence 2022

SAN DIEGO, CA – October 11, 2022 The San Diego Business Journal, in association with the San Diego County Imperial Valley Hispanic, has recognized Maritza Diaz, Chief Executive Officer of ITJ, on the Top 50 Latino Leaders of Influence 2022. This award showcases outstanding Latino business entrepreneurs that are building a legacy of their own and representing the Hispanic community.

Honored in the ceremony, Maritza Diaz was accompanied by Patricia Hernández, Binational Senior Advisor for ITJ, and Paula Diaz, Talent Branding Lead for ITJ.

The event took off with networking spaces at 6:00 p.m. as a warm-up, followed by the commencement of the program. Honorees had the opportunity to enjoy the event while their 

names were announced in alphabetical order. The joyous ceremony reached its peak when each accepted their award. Finally, with the honorees being fully celebrated, the evening came to an end. And what a better time than during Hispanic Heritage Month to honor Latino leaders.

The day ended on a lovely note, as we continue to celebrate the Hispanic-American entrepreneurial community and latino-led companies that are competitive, add value, and who continue to make a difference with amazing potential in the US.

“Each year, I grow fonder and more appreciative of the increasing awareness of Latino talent in the United States. It has been an eye opener of fantastic accomplishments of the Hispanic community, to which I am proud to belong.” — Maritza Diaz, CEO of ITJ.

About ITJ

ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.

Nearshore hiring in tech has reached new heights ITJ

Nearshore Hiring in Tech has reached new heights

Posted on | by TeresaPenafiel | 12 Comments on Nearshore Hiring in Tech has reached new heights

Today, companies that are struggling to find qualified employees locally are increasingly exploring talent in Latin America. As a result, nearshore hiring in the tech industry has never been higher.

According to this survey, nearshoring software development employment will expand by 70% over the following year. Some firms have already actively hired outside the United States to fill vacant technical positions. Likewise, corporate boards highlighted that technology investment to build new goods and services is a top priority, according to a Harvey Nash Group survey of over 2,000 digital executives from almost 90 countries.

Nevertheless, workforce shortages may jeopardize investment plans as demand for technology specialists hits new heights. More than two-thirds of digital executives reported being unable to keep up with developments owing to a lack of trained IT experts. Therefore, Latin American talent has caught the attention of US-based firms, making nearshore the perfect solution to ease their pains. Take Mexico as an example, the area shares time zones with the United States, and looking for talent in locations such as Tijuana, helps businesses avoid competing for talent in places in the US.

Interested in knowing more about Nearshoring? Visit Benefits of IT Nearshoring for US Companies.

Top-performing firms use data more effectively to build valuable products and earn revenue. As a result of recruiting superior teams nearshore, they were more nimble in pivoting and growing their goods and services to meet client expectations.

Mexico’s nearshoring business has grown in the recent decade as a result of the country’s closeness to the United States, the NAFTA free trade agreement, and a big pool of multilingual employees. Historically, Mexico has served as a foundation for banks such as Santander, HSBC, and Bank of America to supply services to their branches across Latin America. However, Mexico’s software development program (Programa para el Desarrollo de la Industria del Software, or PROSOFT) is now presenting Mexico to IT clients as a world-class nearshore option.

“Latin America’s rising importance in global outsourcing is undeniable. With its proximity to the U.S., language skills, infrastructure, and tax incentives, Latin America has emerged as a favorable destination for IT and business process outsourcing.” (Forbes).

About ITJ

ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.

Mexico: The new global technology development hub ITJ

Mexico: The New Global Technology Development Hub

Posted on | by TeresaPenafiel | 6 Comments on Mexico: The New Global Technology Development Hub

Due to its rapid expansion across a number of sectors and businesses, Mexico is quickly becoming a desirable innovation destination for American organizations. Many consider Mexico the new global technology development hub by now. 

Mexico’s Technology Development Outlook

According to Frost & Sullivan, Mexico’s economy has the potential to grow by more than $245 billion in cumulative GDP through 2025 via increased investment in R&D, education, and a tech-enabled society.

Mexico currently features the largest fintech ecosystem in Latin America and serves as the gateway to Latin America for technological innovation. In fact, the country’s fintech law (Ley Fintech) went into force in 2018 and laid out regulatory sandboxes for fintech products and guidelines for crowdfunding, cryptocurrencies, and APIs. Due to the safety net provided by the regulatory framework, international investors are strongly attracted.

According to this report, the number of students enrolled in higher education has been rising consistently over the past ten years. In Mexico, the majority of high schools supported by the government are typically focused on the physical and mathematical disciplines. And this is where many young people who are good in math and science begin their quest to become professionals in order to improve their financial situation. Furthermore, a study carried out by the Mexican statistical office (INEGI) indicates that there are almost 1 million people with computer science and IT studies, consisting of 68% men and 32% female. In fact, the technology workforce in Mexico is growing three times faster than the average worldwide rate.

Mexico is one of the top exporters of information and communication technology equipment, the OECD claims. And, according to the World Bank, Mexico is Latin America’s top exporter of high-tech products, placing it on par with advanced nations in terms of technological advancement.

Mexico has invested significantly in infrastructure development. Thus, existing industrial areas in Mexico offer crucial services to businesses looking for foreign direct investment. The leading cities right now include Mexico City’s tech scene, Tijuana, Guadalajara, Monterrey, and others.

As in any industry, it’s fair to say that a variety of developments have combined to make Mexico a more appealing alternative, particularly for American businesses. We are in trying times in the US with an upcoming recession, and it’s time to look for better options. If you have nearshoring plans, contact us! We can assist you.

About ITJ

ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.