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Monthly Archives: May 2011

Where Did the Term “Nearshore” Come From Anyway?

Beni Lopez, Softtek’s Chief Globalization Officer, recounts how Softtek positioned itself against far flung competitors – and he also talks about the real cost of outsourced services.  

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While U.S. Dawdles in Latin America, Canada Should Seize Opportunity

Source: Colombia Reports With reconciliation accomplished in Honduras by Colombia and Venezuela with no U.S. intervention and trade flowing away from the U.S., it seems as if Latin America is now wide open for other players to come into play ...

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Chile, Colombia, Peru to Merge Stock Markets

Source: Christian Science Monitor Lima — Peru, Colombia, and Chile will formally merge their stock markets Monday, creating the second-largest bourse in Latin America after Brazil and promising to increase liquidity in the mineral-rich Andean region. The market alliance of ...

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India Now Outsourcing IT Jobs to North America

Source: Business Today US President Barack Obama rode to power on the promise of stopping American jobs from being outsourced to India. Ironically, the Indian IT and IT services companies targeted by him may actually be bailing out unemployed Americans ...

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Brazil Unemployment Rate Falls to 6.4%

Source: Bloomberg Brazil’s unemployment rate fell in April to the lowest level on record for the month, keeping pressure on policy makers trying to cool demand fueled by full- employment conditions. Joblessness in April fell to 6.4 percent from 6.5 ...

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Mexico, with IBM’s Help, Works to Stimulate Culture of Innovation

Mexico, with IBM’s Help, Works to Stimulate Culture of Innovation

By Josette Rigsby The border between Mexico and the U.S. may be permeable, but technology skills aren’t flowing as freely between the countries as other goods and services. The U.S. is well known for technical innovation and recently, some of ...

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Chile Advances Three Places in World Competitiveness Ranking

Source: Emol via Invest in Chile/Corfo Chile went up from the 28th place to the 25 position in the 2011 world competitiveness ranking, which is carried out every year by the International Institute for Management Development (IMD) in Switzerland and ...

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Spanish IT Provider to ‘Modernize’ BPO System for Peru’s Petrol Company

Source: Indra Indra, the premier IT company in Spain and a leading IT multinational in Europe, was awarded a USD 13.5 M contract with Petroperu, the most important state-owned petroleum company of the country to modernize its business processes platform. ...

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