Knowledge (XXG)

Nearshoring

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104:. These destinations are attractive because they are low-cost, have skilled labor forces, and a less stringent regulatory environment, but crucially they allow for more day to day physical oversight. They also have strong cultural ties to the major economic centers in Europe. For example, Bulgaria is now considered to be a viable outsourcing destination for such companies as German software company 45:
company, say, might outsource software writing to a company in India, which specialises in such work, to take advantage of low cost, and skilled labour with a common language, but the distance between the two means reduced face contact, therefore less control of the project, and greater vulnerability to threats such as
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The English language is the cornerstone of any Nearshore BPO or IT services operation, and has become a sought-after skill as companies strive to capture a larger chunk of the US market. With the triple helix of university, industry, and government all collaborating to develop the language further,
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Offshoring involves shifting work to a foreign, distant organization in order to reduce production costs. Offshoring is subject to several different constraints, however, such as time lag between the parties, differences in local employment laws and practices, and oversight. A Western European IT
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Nearshoring is a type of outsourcing where a given company seeks a development partner in a different country or region. However, what distinguishes nearshoring from other types of outsourcing is the fact that the development partner is still in close proximity. Since companies are usually in the
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The complexity of offshoring stems from different languages and cultures, long distances and different time zones, spending more time and effort on establishing trust and long-term relationships, overriding communication barriers and activities of that kind. Many nearshore providers attempted to
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processes, to companies in a nearby country, often sharing a border with the target country. Both parties expect to benefit from one or more of the following dimensions of proximity: geographic, temporal (time zone), cultural, social, linguistic, economic, political, or historical linkages.
108:, where labor costs are low, and the skills available, but which is also closer to home. In 2009, the Central-Eastern European Outsourcing Association (CEEOA) published research estimating that the Eastern European region has over 95,000 170:
were created to give clients more control in managing their own projects. Despite recent developments, nearshoring does not necessarily overcome all of the barriers, but the proximity allows more flexibility to align organizations.
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Nearshoring has become a differentiator for those nations and providers who wish to set themselves apart from sourcing centers in Asia, especially the dominant India, which itself is seeing a sharp decline in BPO job growth.
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A popular type of nearshoring is in software development, with the main benefit being many skilled developers available at low cost. Call centers, shared services centers, and BPO (
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In Europe, nearshoring relationships are between clients in larger European economies and various providers in smaller European nations. Major centers are in
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circumvent communication and project management barriers by developing new ways to align organizations. As a result, concepts such as
484: 584: 579: 159: 259: 162:) are also common choices for nearshoring, as the value of offshore outsourcing hotbeds like Philippines lowers. 509: 347: 109: 28: 420: 368: 322: 46: 167: 442: 569: 574: 564: 152: 534: 140: 395: 485:"As Philippines Value Prop Sinks, Nearshore Steps Up, Says Atento Exec - Nearshore Americas" 241: 215: 24: 381: 61: 558: 354: 326: 93: 292: 443:"Trade across the border. Arizona is building strong ties with Mexico and Canada" 188: 20: 123:, or both, as well as to many other nations in Central and South America, like 36:
same time zone, this facilitates communication and allows for frequent visits.
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specialists involved in the industry, working for close to 5000 companies.
245: 229: 124: 421:"Mexico sells itself as 'nearshore' outsourcing hub for US: Venga! Venga!" 179:
the hunt for skilled, English-speaking talent is slowly becoming easier.
136: 85: 77: 69: 148: 101: 89: 81: 65: 348:"Offshoring to new shores: Nearshoring to Central and Eastern Europe" 144: 128: 120: 116: 105: 97: 73: 510:"India BPO Reports Sharp Decline in Job Growth - Nearshore Americas" 57: 50: 463: 260:"When IT challenges overwhelm your company - Start Nearshoring" 96:. There are also nearshore centers in larger markets, such as 535:"The Nearshore English Evolution - Nearshore Americas" 396:
Cerntral and Eastern European Outsourcing Review 2010
228:Erran Carmel and Pamela Abbott (October 2007). 293:"Nearshoring: A Smart Alternative to Offshore" 230:"Why 'nearshore' means that distance matters" 8: 115:In the USA, American clients nearshore to 316: 314: 205: 377: 366: 464:"Custom Software Development Company" 286: 284: 282: 280: 211: 209: 7: 323:"Forget India, Let's Go To Bulgaria" 14: 419:Kanellos, Michael (2009-05-18). 441:Marsh, Rae Anne (2014-01-01). 321:Reinhardt, Andy (2004-03-01). 1: 346:Thomas, Meyer (2006-08-14). 160:Business Process Outsourcing 139:, and the Caribbean, to the 601: 234:Communications of the ACM 299:. Auerbach Publications 246:10.1145/1290958.1290959 19:, or Nearshore, is the 376:Cite journal requires 29:information technology 218:Dictionary definition 47:intellectual property 264:startnearshoring.com 585:International trade 580:Business management 445:. inbusinessmag.com 153:U.S. Virgin Islands 539:Nearshore Americas 514:Nearshore Americas 489:Nearshore Americas 291:Cinquegrani, Sam. 141:Dominican Republic 25:business processes 466:. nearshore-it.eu 266:. 19 January 2018 168:remote insourcing 592: 549: 548: 546: 545: 531: 525: 524: 522: 521: 506: 500: 499: 497: 496: 481: 475: 474: 472: 471: 460: 454: 453: 451: 450: 438: 432: 431: 429: 428: 416: 410: 409: 407: 406: 400: 392: 386: 385: 379: 374: 372: 364: 362: 361: 352: 343: 337: 336: 334: 333: 318: 309: 308: 306: 304: 288: 275: 274: 272: 271: 256: 250: 249: 225: 219: 213: 600: 599: 595: 594: 593: 591: 590: 589: 555: 554: 553: 552: 543: 541: 533: 532: 528: 519: 517: 508: 507: 503: 494: 492: 483: 482: 478: 469: 467: 462: 461: 457: 448: 446: 440: 439: 435: 426: 424: 418: 417: 413: 404: 402: 398: 394: 393: 389: 375: 365: 359: 357: 350: 345: 344: 340: 331: 329: 320: 319: 312: 302: 300: 290: 289: 278: 269: 267: 258: 257: 253: 227: 226: 222: 216:Sourcingmag.com 214: 207: 202: 185: 42: 12: 11: 5: 598: 596: 588: 587: 582: 577: 572: 567: 557: 556: 551: 550: 526: 501: 476: 455: 433: 411: 401:(Report). 2010 387: 378:|journal= 338: 310: 276: 251: 220: 204: 203: 201: 198: 197: 196: 191: 184: 181: 62:Czech Republic 41: 38: 13: 10: 9: 6: 4: 3: 2: 597: 586: 583: 581: 578: 576: 573: 571: 568: 566: 563: 562: 560: 540: 536: 530: 527: 515: 511: 505: 502: 490: 486: 480: 477: 465: 459: 456: 444: 437: 434: 423:. Silicon.com 422: 415: 412: 397: 391: 388: 383: 370: 356: 355:Deutsche Bank 349: 342: 339: 328: 327:Business Week 324: 317: 315: 311: 298: 294: 287: 285: 283: 281: 277: 265: 261: 255: 252: 247: 243: 240:(10): 40–46. 239: 235: 231: 224: 221: 217: 212: 210: 206: 199: 195: 192: 190: 187: 186: 182: 180: 176: 172: 169: 163: 161: 156: 154: 150: 146: 142: 138: 134: 130: 126: 122: 118: 113: 111: 107: 103: 99: 95: 91: 87: 83: 79: 75: 71: 67: 63: 59: 54: 52: 48: 39: 37: 33: 30: 27:, especially 26: 22: 18: 542:. Retrieved 538: 529: 518:. Retrieved 516:. 2018-04-10 513: 504: 493:. Retrieved 491:. 2017-08-23 488: 479: 468:. Retrieved 458: 447:. Retrieved 436: 425:. Retrieved 414: 403:. Retrieved 390: 369:cite journal 358:. Retrieved 341: 330:. Retrieved 301:. Retrieved 296: 268:. Retrieved 263: 254: 237: 233: 223: 177: 173: 164: 157: 114: 55: 43: 34: 16: 15: 570:Outsourcing 189:Co-sourcing 21:outsourcing 17:Nearshoring 575:Offshoring 565:Neologisms 559:Categories 544:2018-09-14 520:2018-09-14 495:2018-08-20 470:2018-01-22 449:2014-11-03 427:2009-03-22 405:2013-07-22 360:2009-03-22 332:2009-11-07 270:2018-10-19 200:References 194:Offshoring 151:, and the 133:Costa Rica 49:theft and 303:9 January 125:Argentina 297:IT Today 183:See also 137:Colombia 92:and the 86:Bulgaria 78:Slovakia 70:Portugal 40:Overview 149:Jamaica 102:Ukraine 90:Belarus 82:Romania 66:Hungary 145:Guyana 129:Brazil 121:Mexico 117:Canada 98:Russia 94:Baltic 74:Poland 399:(PDF) 351:(PDF) 58:Spain 51:fraud 382:help 305:2011 119:and 100:and 242:doi 135:or 106:SAP 23:of 561:: 537:. 512:. 487:. 373:: 371:}} 367:{{ 353:. 325:. 313:^ 295:. 279:^ 262:. 238:50 236:. 232:. 208:^ 155:. 147:, 143:, 131:, 127:, 110:IT 88:, 84:, 80:, 76:, 72:, 68:, 64:, 60:, 53:. 547:. 523:. 498:. 473:. 452:. 430:. 408:. 384:) 380:( 363:. 335:. 307:. 273:. 248:. 244::

Index

outsourcing
business processes
information technology
intellectual property
fraud
Spain
Czech Republic
Hungary
Portugal
Poland
Slovakia
Romania
Bulgaria
Belarus
Baltic
Russia
Ukraine
SAP
IT
Canada
Mexico
Argentina
Brazil
Costa Rica
Colombia
Dominican Republic
Guyana
Jamaica
U.S. Virgin Islands
Business Process Outsourcing

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