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Insights

Access the latest news and articles of interest to the Enterprise Software Ecosystem. Emerging trends, key players in the region, nearshoring, hiring talent, cost reduction strategies and operational best practices.

Mexico widens its lead as the top Center of Excellence Nearshore Location in the Americas

It might surprise newcomers in the region, but regulars know that Mexico has been the top destination for running nearshore operations for North America since the 2000s. Seven years ago, Gartner confirmed the country’s leadership due to its large talent pool and hard-to-ignore location, in their Evaluating Global Offshore/Nearshore Locations report. So, why does it continue to be in the news? And how has Mexico increased its lead over other options in the Americas?

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cover image for blog on how to Learn how to open a business in Mexico, including key steps for business incorporation. Expert guidance for entering the Latin American market.

How to open a business in Mexico: Incorporating Your Tech Company

So, your tech company is evaluating opening an office in Mexico to hire nearshore talent or to enter the Latin America Market? But before you dive in, the question of how to open a business in Mexico arises, as well as what else should you be considering regarding business incorporation.

Yes, it has more steps and nuances than one would expect, but the following steps are usually what it takes to do it. Remember, this is just a starting point, and consulting with legal and financial professionals specific to your situation is highly recommended.

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Soft landing in Mexico for foreign companies

Expanding into a foreign country represents a unique set of challenges. Countries that attract the most foreign investment are known to have soft landing options that facilitate opening and running new operations. Mexico in particular, has options by industry. Tech companies add Mexico’s Operational Capabilities using the Subsidiary-as-a-Service (SUBaaS) option, similar to the successful Shelter Model in the Manufacturing Industry that foreign companies have been taking advantage for the past 30 years to move into the region. These options avoid unnecessary expenses and risks, while lowering dramatically total costs, with total ownership from day one.

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Cover image of article about how SUBaaS streamlines your entry into the Mexican market. Our analysis covers cost, risk, and time-to-value for starting operations in Mexico.

Starting Operations in Mexico: Cost, Risk and Time-to-Value Comparison

In the highly competitive landscape of the tech industry, staying ahead often involves running foreign operations. However, the challenge lies in doing so efficiently, especially when faced with a tight budget for 2024. In this article, we’ll explore why B2B tech companies in North America have used Mexico’s soft-landing options, such as SUBaaS, to avoid unnecessary costs and risks associated with the Do-It-Yourself approach. This capex-friendly approach is preferred by Private Investors, as they can achieve more with the same budget while owning the operation from day one.

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Banner image for a blog highlighting main nearshoring and LATAM market entry cities, addressing the tech talent pool and tech talent shortage

Which cities in Mexico are the best for Nearshore Delivery and Market Entry?

Mexico’s geographical strategic location, population size and Talent pool make it the preferred nearshore location for North America. But it is also known as Latin America port-of-entry, because it’s one of the top two largest economies in the region and it is Spanish-speaking, as the vast majority of the region. So, the same city will support both strategies, right? No.

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