Zinnov

MARCH 27, 2023

The deal activity among Private Equity investors in the Technology Services space witnessed an all-time high in 2021, primarily due to unmatched levels of dry powder, low cost of debt, and intense competition. How will the remaining quarters in 2023 pan out for Technology Services firms ?

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Zinnov

FEBRUARY 28, 2022

In 2021, Digital Services firms saw a record flow of Private Equity (PE) investments with a substantial number of deals. In fact, according to Zinnov’s strategic analysis, the deal momentum for Digital Services market continued post the second half of 2020, while a staggering 200+ deals were observed in 2021.

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Ivemsa

MARCH 14, 2023

Mexico manufacturing has continued to grow over the years, rising 21% between 2020 and 2021. and other foreign manufacturers and provides all the administrative services necessary to do business. As more companies are considering this nearshoring strategy, here are a few important questions to always keep in mind.

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Ivemsa

SEPTEMBER 29, 2021

manufacturers are moving their facilities from China to Mexico or expanding their operations outside their headquartered city for the first time and nearshore manufacturing south of the border. In early 2020, Honda shifted production of its crossover SUV from its Guadalajara plant to its Celaya plant to optimize its operations.

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Ivemsa

APRIL 7, 2022

Nearshoring manufacturing to Mexico has its advantages over operating in China, though there are frequently asked questions that must be answered in order to help make a decision. manufacturers nearshoring to Mexico can often receive shipments within the same day they are shipped out, depending on how close facilities are to the U.S./Mexico

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Zinnov

JANUARY 30, 2022

While the mega-deals (> USD 5 Bn) jumped to 181 (vs 111 in 2020), the mid-market (USD 1-5 Bn) deal activity also saw a triple-digit increase in 2020. SPAC (Special Purpose Acquisition Company) listings also had a record year with ~3x listings compared to 2020. In 2021, the aggregate deal value crossed USD 5.8

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Future of Digital Sourcing Nearshoring

JUNE 8, 2021

Related news: Are You Getting the Most Out of Your Nearshore Digital Transformation Partner? federal government of fall 2020). The Nearshore Model is the Best of Both Worlds. The pandemic also has shifted national attention back to the issue of bringing more tech services and manufacturing back to the U.S.

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Customer Serv Outsource Smarter

DECEMBER 16, 2022

If 2020 and 2021 were years of change, transformation, and tumult in the business process outsourcing (BPO) world, how do we describe 2022 ? During the COVID surge of 2020, the primary focus for BPOs was a rapid shift to work-at-home with a massive investment in remote architecture, training, systems, security, and agent collaboration tools.

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Ivemsa

SEPTEMBER 5, 2023

has become Mexico’s largest trading partner with goods and services totaling over $614 billion. USMCA Rules of Origin The USMCA was officially enacted in 2020 and provides U.S. manufacturers incentives for nearshoring to Mexico. IVEMSA provides cost-effective shelter services to get U.S. Since then, the U.S.

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Manufacturing Nearshoring Administrative Jobbing 52

Everest Group

MARCH 29, 2023

Read on to understand the new global capital market trends, the staying power of retail investors, and the impact on investment banks, asset and wealth managers, and service providers. Similarly, global debts in capital markets witnessed a significant increase in borrowing levels from the first to the third quarters of 2020.

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Everest Group

OCTOBER 14, 2021

trillion on engineering in 2020, and more than one-third of that spend was on software product engineering. Software product engineering has been the fastest growing segment of engineering spending over the last four years and was the only segment to witness positive growth in 2020, even as overall global engineering spend declined by 2%.

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Ivemsa

JANUARY 20, 2022

manufacturers, this means nearshoring to Mexico to help create a more reliable operating base compared to China. In 2020, overseas operations were severely delayed, if not shut down altogether, with these challenges continuing well into 2021 without an end in sight. For many U.S. Numerous updates have led U.S.

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3Pillar Global

SEPTEMBER 28, 2020

Leading nearshore software developer launches cloud-smart solution for planning, implementation and management. Tempe, Arizona, September 2020) – Tiempo Development announced today Tiempo Flex Cloud Migration Services – a new solution to meet the growing complexity and challenges of migrating applications to the cloud.

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Future of Digital Sourcing Nearshoring

FEBRUARY 26, 2019

…nearshoring may be a better term. businesses – the cost benefits of offshoring and the productivity benefits of nearshoring, on-shore. companies are quickly realizing the benefits that partnering with Puerto Rico-based service providers can provide. It’s not really offshoring from the U.S.…nearshoring

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WebCreek

APRIL 6, 2021

With the events that rattled 2020, AI and ML will be transformed, both in terms of future developments and past pitfalls. In 2020, Machine Learning was already used to help diagnose COVID-19 patients. Trends from 2020 have heavily shaped technological developments going forward in 2021. billion in 2017, to $8.81 5G Connectivity.

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Cybersecurity Healthcare Insurance Nearshoring 96

The Scalers

DECEMBER 15, 2021

The pandemic could have certainly thrown a spanner in the works, but due to the groundwork put in place in 2020, we handled it even better than last year. Put simply, our certification acts as an independent assurance to our present and future partners of The Scalers’ commitment to providing secure services of the highest quality.

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Nearshoring Offshoring Engineering Marketing 90

Everest Group

JANUARY 26, 2022

Enterprises in North America and Europe are facing a stark reality: their onshore and nearshore labor pool has 2.4 The same is true for Nearshore Europe (e.g., headcount growth in 2022, a much more positive growth sentiment than expressed in 2020 (5.2%) and 2021 (2.7%). in Global Business Services, 6.7% in IT, and 4.5%

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Everest Group

MAY 18, 2022

Global CXM provider Comdata offers end-to-end management solutions (acquisition, retention, customer service, technical support, and credit collection) in 30 languages across four continents and 21 countries with its network of 50,000-plus agents. Read on to find out what this big deal will mean. Creation of a global champion.

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WebCreek

MAY 30, 2022

Just 2020 had companies spending over US$52 Billion in costs related to workplace related incidents. Virtual Reality offers a way for new employees to learn the ins and outs of the customer service policies and practices of the company. Reduced Incidentals. Million people succumb to work-related accidents and diseases every year.

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Chazey Partners

OCTOBER 6, 2020

CALIFORNIA– October 2020 – Chazey Partners, a leading management consulting firm specializing in Shared Services , Business Transformation and Robotic Process Automation (RPA) , has been expanding its RPA team globally to meet the increasing demand of the RPA implementation projects.

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Unosquare

JULY 28, 2023

million from the number seen in 2020. You can also consider outsourcing companies that provide dedicated software development services. With nearshoring, you gain access to skilled developers at competitive rates. Find out more by reading Unlock the Secret to Cost Savings with Nearshore Software Development.

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Zinnov

OCTOBER 20, 2021

The average talent pool accounts for 213k+ individuals yearly (fresh + experienced talent), with an annual attrition rate of ~8% only, as of 2020.This Bn, as of 2020. Developing a nearshore COE in Mexico has helped leaders be up to date with project developments due to its close proximity to the U.S. Connectivity.

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Ivemsa

NOVEMBER 29, 2021

Though most businesses have adapted and are becoming fully operable following the shutdowns of 2020, the supply chain is still playing catch up. Nearshoring to Mexico is a solution that helps to offset many of these challenges and gives manufacturers a greater sense of security moving forward. Lengthy Port Delays.

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Future of Sourcing

JUNE 12, 2018

Fortunately for both providers and buyers of these services, there are destinations aplenty from which to choose. Among the most prominent in this group include: Bulgaria – This Balkan country has truly come on strong as a nearshore delivery point over the past few years.

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Ivemsa

MAY 20, 2022

from 1993-2020. These numbers exemplify the security and growth of nearshore manufacturing in Mexico and how the IMMEX maquiladora industry has continued to thrive. In fact, the U.S. remains Mexico’s top source of foreign direct investment (FDI) at just over 39%, or $100.9 billion USD, per the most recent data published by the U.S.

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Vilmate

NOVEMBER 30, 2023

For example, the war in Ukraine and inflation negatively impacted the economies of many countries, leading to a reduced demand for IT products and services. Drop in IT product and service demand Many IT companies are finding it hard to get new customers and are losing old ones. higher than in 2022, reaching 4.6 trillion US dollars.

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WebCreek

MAY 21, 2021

This could mean the adoption of new technologies, changes in procedures and communication channels, the development of new tools, or even an evolution in services and products to better accommodate the target audience. The post Digital Transformation: A Roadmap for Success appeared first on IT Nearshoring | WebCreek.

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3Pillar Global

DECEMBER 10, 2020

However, some of the most game-changing benefits of AI are specific to the financial services sector. According to Deloitte , 70% of financial services firms use machine learning to detect fraud, predict cash flow, and generate more accurate credit scores. In a 2020 survey, EY reported that AI is on the way to becoming mainstream.

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Ivemsa

SEPTEMBER 7, 2021

Data from the International Organization of Motor Vehicle Manufacturers reflected a 16 percent decline of global auto production in 2020. The region is home to hundreds of parts suppliers that had production interrupted without a steady return to normal since early 2020. USMCA Requires Majority of Auto Content Be Made in North America.

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Ivemsa

NOVEMBER 29, 2022

Before 2020, foreign manufacturers would likely have anywhere from four to eight different building options to evaluate in the same city. The process can quickly become frustrating and overwhelming, which is why it’s beneficial to have the help of a Mexico shelter services company. How Shelter Services Ease Manufacturing Challenges.

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Ivemsa

SEPTEMBER 8, 2021

With China being at the center of the pandemic in 2020, freight costs increased and shipments were delayed or canceled due to the global shutdown and a weakened supply chain. For example, Taiwan-based electronics manufacturer Foxconn set its sights on manufacturing in Mexico in a shift from Asia by mid-2020.

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Blue Ocean

JUNE 17, 2021

It keeps you close to your customers and ready to serve them with your exhaustive knowledge of your products or services. Ensuring your customer support center is up and running, no matter what, is a daunting task and the pandemic of 2020 made that clearer than ever before. But doing it all in-house also comes with its challenges.

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Perficient Digital Transformation

AUGUST 15, 2023

After graduating, she returned to Perficient in January 2020 as an associate business consultant. For her first project, she was handpicked by her manager to take over his role with a client in financial services. Perficient is a global company with onshore, nearshore, and offshore teams.

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Out-Tasking Offshoring Nearshoring Management 52

Zinnov

NOVEMBER 9, 2021

Offshoring essentially falls under the bracket of outsourcing strategies and is often interchangeably used with other outsourcing models such as nearshoring (outsourcing to nearby countries). In fact, GCCS/GCOEs can provide 35% more cost savings than working with outsourced service providers. Bn , as of 2020.

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Ivemsa

DECEMBER 27, 2021

From 1993-2020, bilateral trade between the U.S. Furthermore, shelter companies provide an extensive list of administrative services , including HR and recruiting, taxes and accounting, and customs compliance to help get an operation up and running. Meanwhile, the U.S. is Mexico’s leading source of FDI, amounting to $100.9

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Vilmate

SEPTEMBER 25, 2023

However, in 2020, the company was hacked again. Yahoo Worldwide is an American web service provider known to almost everyone. paid $50 million in compensation for the damages and committed to providing credit monitoring services to 200 million users for two years. Some experts attribute the breach to Chinese hackers.

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Vilmate

SEPTEMBER 25, 2023

However, in 2020, the company was hacked again. Yahoo Worldwide is an American web service provider known to almost everyone. paid $50 million in compensation for the damages and committed to providing credit monitoring services to 200 million users for two years. Some experts attribute the breach to Chinese hackers.

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Cybersecurity Government Regulations Accounting 52