Nearshoring has become very popular from the last years and is trending right now as a popular way to outsource your technical requirements to the specialists, especially if they have a similar time zone.
According to World Bank statistics, “Mexico’s information technology outsourcing industry has been growing at an annual rate of 10 to 15 percent, amounting to roughly US$ 46 billion in exports, and Mexico is now considered the third-largest exporter country worldwide of information technology services.” So as the trend to software outsourcing rises, Mexico is becoming a very solid nearshoring option.
Mexico has very high skilled teams on many companies offering services to our neighbors, so they can access to all advantages such as:
- Connectivity: Mexico dev center ensures solid technical infrastructure, high availability and exceptional security
- Time zone alignment: Scheduling daily stand-ups, status and ad-hoc (last minute) project meetings are never an issue with the entire team within the same general time zones.
- Cultural affinity: A focus on team culture and “we are all in this together” makes the best type of nearshoring partner.
- Costs: The main advantage that they are a fraction of the cost, and in some cases up to 50% less than US or Canadian resources.
- Economy: We are the 15th economy in the world just behind Spain and Australia.
- Partners: The United States 2nd trade partner just behind Canada.
- Connectivity: The 4th country in the number of airports and 1st in daily flights to and from the United States.
- Efficiency: The 6th country in business efficiency.
With a population of over 123 million in 2017, Mexico ranks as the 11th most populated country in the world. It is the most populous Spanish-speaking country. In a country where over one-third of the population is under 25 years old, and three million people are enrolled in university, the educated middle class is growing very quickly. Mexico reportedly graduates over 120,000 new engineers a year.
Mexico is the sole OECD country where 15-29 year-olds are expected to spend more time in employment than in education. With a strong base in public education, Mexico is now developing private secondary and tertiary options for continuing education. With Canada recently agreeing with Mexico to remove the Visa requirements for students studying abroad, students are increasingly looking for technical training options outside of Mexico
Nerdy Trust has been a company trusted for companies outside of Mexico since its foundation.
We have been of great help to our clients, becoming their right arm for software development, especially mobile applications and prototyping of large-scale solutions.
We are happy with the results and we are ready to expand our services for more companies in US and Canada, we hope to reach more companies out of Mexico and collaborate to build great things, technology solutions that matter, leave a mark and settle trust in our country.