CEO of Avantica, a Top Influencer in the Nearshore Outsourcing Industry

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Mario Chaves, CEO of Avantica, named on THE POWER 50: Architects, Advocates and Visionaries list of top executives establishing the nearshore outsourcing market

Mario Chaves, CEO and co-founder of Avantica Technologies was the top executive from Costa Rica on THE POWER 50: Architects, Advocates and Visionaries, a list of the executives most responsible for building the nearshore outsourcing market. The list compiled by Nearshore Americas ( placed Mr. Chaves high on the list of top visionaries whose innovation and drive established nearshore development as a smart choice for companies delivering products and technologies in a cost conscious market.

“One of the true visionaries of nearshoring who smartly made Silicon Valley a key target for business development,” said Kirk Laughlin, the Editorial Director at Nearshore Americas.

Leaders were evaluated against four main criteria for impact on the growth of nearshore outsourcing, achievement within the organization, dedication to professional standards and willingness to put industry over self. Mr. Chaves placed sixteenth overall on the list that included executives from Mexico, Brazil, Argentina, Canada and the United States along side such notables as the CEO of Softtek, Director of Application Services for HP, and Managing Director Latin America for Dell Computer.

“Avantica has worked hard to educate industry leaders about the talent and capabilities available within Latin America,” said Mario Chaves. “I am certainly honored to be recognized along with my peers for helping to put nearshore development on the map.”

Avantica was founded 15 years ago and has grown over time into a remarkable Costa Rican success story with significant presence in the United States, Latin America and around the world. In addition to providing software development and quality assurance services for its important clients in Silicon Valley, Southern California and New York, the company has successfully executed product development projects for companies in Europe, Asia and Australia.

In December of last year, Mr. Chaves was given an Innovation Award from El Financiero, a leading Costa Rican publication, in recognition for his push into mobile application development. Avantica continues to lead the way for companies looking to develop new mobile applications or trying to bring current web-based products to mobile devices.

“He played the cards hoping that in the near future all existing web applications would have a mobile component,” noted Carolina Ruiz Vega, journalist for El Financiero. “It is clear that bet was sensible.”

Mr. Chaves’ demonstrated ability to recognize emerging markets and identify evolving technology trends helped Avantica grow from a focused group of collaborative engineers into a leading provider of outsourced product development (“OPD”) services.

About Avantica

Avantica is a leading provider of nearshore outsourced product development (“OPD”) services based out of San Jose, Costa Rica with offices in Peru, Silicon Valley and New York. Avantica's experience in the product development life cycle from conceptualization through development and release provides unique value to clients' software products. For more information, visit

About Nearshore Americas:

Nearshore Americas, launched in September, 2009, is among the world’s most popular media websites covering the outsourced services industry, based on web traffic. The brand investigates key trends that underlie the emergence of Americas-based outsourcing, providing exclusive interviews and case studies, video reports and other features. The site is dedicated to providing valid, high quality analysis about developing successful partnerships in the region. The primary audience for Nearshore Americas includes C-level executives, investors and sourcing decision-makers. For further information, contact founder and editorial director, Kirk Laughlin: Kirk(at)nextcoastmedia(dot)com

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Marisol Briceño
Avantica Technologies
1 650-587-1525 ext. 1146
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Diego May
Avantica Technologies
1 650-587-1525 ext. 1186
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