Tag: nearshore

Nearshore hiring in tech has reached new heights ITJ

Nearshore Hiring in Tech has reached new heights

Posted on | by TeresaPenafiel | 9 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.

nearshoring, nearshore, benefits of it nearshoring ITJ

Benefits of IT Nearshoring for US Companies

Posted on | by TeresaPenafiel | 4 Comments on Benefits of IT Nearshoring for US Companies

A well-planned and expertly carried out IT nearshore assists in advancing your US-based company’s operations. The effectiveness and flexibility of a BOT approach are unmatched, allowing you to save expenses, make better use of your resources, access a bigger talent pool, and shorten your time to market.

IT Nearshoring for US Companies

Which nearshoring location is the best fit for you? That depends on the particular requirements of your company. When searching for nearshoring companies, you should first think about:

  • The degree of expertise needed for your project
  • How closely do you require collaboration between your internal team and distant team
  • Whether you believe that having direct, immediate contact between the two teams is necessary
  • How strictly do you wish to control your additional developers
  • The financial savings you’re aiming for

You should choose nearshore development if your distant teams must collaborate closely and communicate openly with your internal personnel. Tight cooperation and almost instantaneous communication are possible by the close proximity and little time difference. For US companies, this entails expanding into countries like Mexico and Brazil.

5 Advantages for Nearshoring to Mexico

  1. You are the one in control

Nearshore solutions provide you with complete control over the creation of the product. In contrast to traditional outsourcing, you have full control over your remote engineers at every stage of the development process, just like you would with an in-house team.

  1. You save money and time

Many of our clients cite the fact that the BOT model providers handle a sizable portion of the administrative and organizational headache as one of the nicest aspects of extended development. That covers everything, including setting up the workspace and workstations as well as recruiting and onboarding new employees. You are able to increase and maximize the utilization of your resources as a consequence. The development process is thereby sped up, and money is saved. Furthermore, selecting a service in Latin America will be less expensive than recruiting locally and internally in the US. Finally, the best part is that, after the training and setup, nearshore companies that handle the BOT model in their practices completely transfer the teams to your company.

  1. You have access to a vast and large talent pool

Are you looking to recruit professionals with highly specialized or in-demand skills? If so, you could find the US market to be too tiny, too competitive, too expensive, or both. However, nearshoring allows you to access a genuinely global network of experts. In addition to having the necessary experience, they are significantly more affordable than regional developers.

  1. You become more adaptable and agile

The ability to swiftly scale up or down your personnel and take care of urgent demands is provided by IT nearshoring. Additionally, it guarantees that your business gains from hiring diverse experts and people with different skill sets. Being more agile can provide you with a significant competitive edge in light of Silicon Valley’s and the US IT industry’s lightning-fast pace of innovation.

  1. Time and zone proximity

The proximity of your larger development team in terms of geography and culture also makes communication more effective. Furthermore, you may schedule physical meetings and events more regularly thanks to the shorter travel distance between your headquarters and your enlarged employees. This encourages collaboration and a sincere sense of kinship with the company culture.

There are unique binational regional capabilities to expand the BioMedTech Valley Initiative in the Baja Cali megaregion. Take Tijuana and San Diego as an example; they are both just a 30-minute trip apart by car. If company A has an IT team and a center of excellence in Tijuana, they are free to travel there for a single day and see their staff without paying additional charges for hotel or transportation. For some, flying from the US to Mexico may be a big problem; however, a 30-minute drive could be a workable alternative.

Offering specialized technology solutions and IT staffing services in nearshoring from the US to Mexico is our area of expertise. If you need assistance developing the appropriate nearshoring solution for your company or assembling a bigger development or scrum team, we would be happy to help. Be sure to get in touch.

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.

ITJ

Top 8 Questions To Ask Software Outsourcing Providers When Assessing

Posted on | by TeresaPenafiel | 4 Comments on Top 8 Questions To Ask Software Outsourcing Providers When Assessing

Do you intend to grow your engineering staff? Does locating a trustworthy IT outsourcing partner sound like a good idea? You are not the only one – the global market size of the IT outsourcing industry reached 92.5 billion USD in 2019.

Choosing a top-notch service provider might get more difficult as the outsourcing sector grows in size, especially between Mexico and the US. As a result, it’s crucial to thoroughly vet any potential suppliers by asking the correct questions.

In order to determine whether software outsourcing businesses are a good fit for your needs, we’ve compiled some of the most crucial questions you should ask them. These inquiries will look at both operational and cultural factors that might influence how well your collaboration works.

Here are the key 8 questions to ask outsourcing providers:

1. Do they provide time-and-materials contracts or fixed-price contracts?

Although this is not a given, project outsourcing often has a fixed cost because you outsource the whole project per provider’s proposal. The time and materials approach makes sense for teams working together and continuously addressing changing demands.

Contrarily, single-sum contracts, known as fixed-price agreements, require a service provider to complete the project within the budget specified in the bond.

Some use the BOT Model (Build, Operate, Transfer). A BOT is a business model that entails a contractual arrangement in which a company employs a service provider to launch, develop, and manage a company. If healthcare companies want to outsource software processes connected to the production of a medical device to a much wider talent pool, a BOT model may be quite helpful.

2. Does the outsourcing model they employ work for me?

When analyzing the geography of outsourcing, there are three basic models to take into account: 

Nearshoring: Nearshore outsourcing is a method for developing software products in which some or all of the work is given to remote teams located in close proximity and in the same time zone. This strategy combines lower costs, quicker travel times, and the extra advantages of proximity in terms of culture and location.

Offshoring: Nearshoring and offshore outsourcing are quite similar, with the distinction that an offshore staff is often based overseas. India, Ukraine, and other Latin American nations, including Mexico, Argentina, Colombia, and Brazil are common places for outsourcing.

Onshoring: Onshoring refers to “domestic” outsourcing. It entails moving your company’s software development to a non-metropolitan location.

Look for the top suppliers in the nations or regions where you have already decided to outsource your development.

3. Can they modify their offerings to suit my needs?

Particularly in today’s fiercely competitive and inventive industry, software project development frequently requires constant adjustment.

A good outsourcing partner will be adaptable, helpful, and willing to come up with a solution that will satisfy you, the customer. It is usually a positive indicator when potential partners demonstrate a desire to provide you with what you require, so long as your request is within their ability. Isn’t it the reason you’re out there looking for partners?

If the service provider’s internal procedures look overly inflexible and there isn’t much flexibility for rapidly implementing change, you should take that as a warning sign.

4. Have they already been involved in initiatives like this?

It is a good indicator if the service providers have created software or worked on projects comparable to yours. The downtime spent learning about the requirements of various sectors or technology can be avoided. Therefore, you should constantly inquire about their track record of successful partnerships with businesses much like yours.

You might ask the providers to offer you case studies or success stories, client recommendations, or references during the discovery sessions.

5. Are their software developers proficient in the technology stack you’re employing, and do they have the knowledge you need?

Search for particular areas where you require assistance, such as updating outdated software or creating mobile apps. Then, focus your search on businesses with the necessary industry experience.

6. What is the outsourcing company’s strategy for hiring engineers and ensuring their ongoing education?

How they’re adding new team members is a pertinent inquiry. What steps do they take, and is the procedure rigorous enough? Do applicants are in constant examination or enter bootcamps to demonstrate their coding prowess?

When compared to other industries, the IT industry has the fastest rate of innovation. Therefore, a team that keeps up with new technology and updated software will be able to create contemporary, sustainable products that have a long shelf life. They have a culture of continuous learning if they have training resources and learning opportunities available.

In order to address a talent gap in their team that has proven difficult to fill internally, the majority of businesses turn to outsourcing. Not only should your outsourcing partner be able to meet these demands, but they should also be able to meet any future needs you may have.

7. What are the safeguards for the collaboration’s success?

One aspect of the difficulty is creating excellent software. The other is to guarantee that you have system checks and backup strategies in place so that you can continue developing excellent software without being hindered.

Enabling information sharing between the two businesses is a smart place to start when it comes to assuring success. What channels of communication for commercial and technical inquiries are available?

More importantly, how are problems addressed and managed in the unlikely event that something goes wrong? Problem-solving procedures should be obvious.

8. What are the security and privacy policies of the service provider?

The security posture of a potential outsourcing provider is among the most crucial criteria. Does the service supplier hold ISO27001 security certifications, for example? Exist the required data protection policies?

You don’t want to end up breaking the law and having to deal with the repercussions as a result of your outsourcing partner making a mistake.

Since people naturally believe that security measures will be covered when we pay for a service, the majority of businesses don’t look into security measures in great detail. Nevertheless, if you didn’t require certain security precautions in advance, you can now find yourself at a crossroads.

Our area of expertise is offering customized technology solutions and IT staffing services in nearshoring from the US to Mexico. We would be pleased to assist if you need help creating the ideal nearshoring solution for your business or putting together a larger development or scrum team. 

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.