Nearshore operation

Tech companies frequently experience the fluctuating influence of Silicon Valley relentless pursuit of growth at any cost. Usually tied to a bullish market outlook followed by a pessimistic swing that triggers an avalanche of cost-containment strategies. Common sense appears and disappears as well, when it shouldn’t, regardless of the economic climate.

Latest on the Nearshoring trend in Mexico. North America to make 25% of what it imports from Asia: Mexico January 13, 2023   MEXICO CITY (Reuters) — Mexico, the U.S. and Canada plan to produce in North America 25% of what they currently import from Asia under a new drive to promote the integration of the region’s

For Tech Companies expanding into Latin America, the decision of where to open its Latin America HQ usually comes down to Brazil or Mexico. These two countries have the biggest economies in the region, so it makes sense to establish their LATAM office in one country and then expand into the rest of the region.

Now in a post-pandemic business environment with a mostly work-from-home workforce, companies in North America began opening a business in Mexico and Canada to extend their Talent Pool and take advantage of lower costs.