Software development is a very competitive field, and many companies, organizations, and businesses seek to save money by outsourcing their IT needs by maintaining their software development teams in an overseas region where talent is more affordable but no less professional.
Technology is an indispensable part of any business in the modern global economy, but finding the specialized talent one needs to develop websites, apps, databases, etc., doesn’t always come cheap. Many organizations turn to offshore agencies, which offer ready-made teams of engineers or developers at a service cost. But the question remains, how best to employ offshore developers most cost-effectively? These are the things you should consider.
Latin America, referred to as LatAm in business jargon, is a region consisting of every country on the continental landmass south of the United States. Although over 30 countries form the region, they share a common culture due to their history as former European colonies. The developing economies of Latin America share many cultural commonalities with the US, as well as a time zone, due to geographic proximity. In recent years, LatAm has become one of the most promising regions in the world to find top-quality tech talent at low cost—and its North American neighbors have just started to take note, reaching out to a region that had previously lay under the radar. What happened?