Latin America Earns A Growing Role In The Software Industry

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BairesDev has become a significant player in this prolific market for innovative companies

A recent study by Forrester Forecasts affirms that the global tech market will grow by 4.7% in 2019. According to Nasdaq, Latin America is ideal territory for rising innovative tech companies and stands out amongst other locations due to the favorable circumstances it offers to generate cutting-edge and efficient tech solutions.

BairesDev is proud to be one of the nearshore software outsourcing companies that are leading the way of this digital transformation in Latin America, offering top-notch software development with services such as software outsourcing and IT staff augmentation that work with business needs.

Their company attracts and hires only top talented and specialized software developers to work on leading-edge projects for a vast pool of clients. Their software engineers, trained in the latest technologies, contribute valuable expertise and know-how to any project on hand, required from startups to global corporations. Latin American students and career professionals profit from high-education levels in engineering fields, information technology, software development, and programming. This gives companies the possibility to access an enthusiastic and knowledgeable workforce.

The English fluency of the region is also remarkable. According to the EF English Proficiency Index of 2017, some Latin American countries have surpassed India and China in language proficiency. Cultural similarities with the US and Europe also prove to be highly useful assets. More importantly, this region has very convenient time zones that coincide with both the US and some major European cities, and all of this facilitates smooth project development processes. BairesDev provides on the go, highly-efficient and transparent feedback cycle satisfying and exceeding client expectations and needs while delivering outstanding results.

According to a report published by Everest Group, 10% of the global services market is composed of outsourcing companies from this region. Also, Frost & Sullivan noted that the IT industry revenues in Latin America have grown by 20.3% between 2016 to 2017. This is significant in a context where the Inter-American Development Bank predicts that by 2025, Buenos Aires, Montevideo, San José, Córdoba, and Santiago will be at the heart of the development of software industries. BairesDev has offices in the US and across the main cities in LATAM, and is planning to further expand its presence throughout the region.

It is clear: Latin America is fertile ground for software business growth and BairesDev, growing at an annual rate of 55% for the past 3 years, is proof of this boom.

About BairesDev

We have the largest applicant pool in the industry with over 145.000 Software Engineers applying to work with us each year, from which we hire only the Top 1% IT Talent through a rigorous staffing method.

We work providing end-to-end delivery for companies of all sizes, from startups to some of the biggest companies in the world, leading projects for Google, Sirius XM, Volkswagen, Groupon, IBM & Viacom, among others.

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