Latin America ‘Weak’ Infrastructure Starts to Get a Major Facelift
February 3rd, 2012
Peru, Puerto Rico, Brazil, and Colombia drive forward with big projects
By Clayton Browne
Latin America has long been considered a laggard in terms of global infrastructure development, but that perception should be changing. Countries such as Brazil, Mexico, Chile, Peru, and Puerto Rico have all begun major long-term infrastructure projects ranging from roads to dams to telecommunications towers to airports. Infrastructure development in the areas of energy, transportation and telecommunications have seen the greatest recent growth, with estimates ranging as high as $450 billion, to be spent on infrastructure in the area between 2011 and 2015.
Brazil vs. India: It’s a Whole Different Ballgame
February 3rd, 2012Benjamin Quadros, CEO of BRQ, on why the desire to do business in Brazil differs from India.
Brazil Living Costs Surpass US; Economist Warns of Risks
February 1st, 2012
São Paulo: Making Manhattan look cheap.
By Filipe Pacheco
High costs are one of the prices international companies must pay for doing business in Brazil– especially when it comes to the services industry. Now one of the most plugged-in financial institutions in the world, the International Monetary Fund, has released numbers that demonstrate what many suspected anyway: The cost of living in Brazil in 2011 rose to slightly higher than that of the United States.
Nearshore Agile Development Needs to Fix Major Flaw
January 31st, 2012
By Katy Demong
Companies that want to grow their bottom line while saving money by speeding software cycles are turning increasingly to Agile development. But how can companies combine the cost savings of Agile with the economies of Nearshore while protecting themselves from miscommunication and the mismanagement of time and resources?
Forget Arbitrage: Just Take Labor Out of the Cost Equation
January 30th, 2012
By Dan Berthiaume
Labor arbitrage, or the moving of jobs from more expensive to less expensive locations, has long been seen as one of the chief potential benefits of BPO. And while reducing the cost of labor by shifting it overseas certainly remains an appealing option for many BPO customers, with the assistance of technology the BPO model is starting to evolve to a point where, in many cases, labor can be removed from the equation entirely.
What Sluggishness? TCS Exec Sees Robust Nearshore Momentum
January 26th, 2012
Prakash: Customers want "mobility, big data, business intelligence."
By Robert L. Scheier
Days after Tata Consultancy Services (TCS) announced a 14 percent growth in quarter-over-quarter revenue, Ankur Prakash, Vice President and COO for TCS-Latin America talked with our affiliate Global Delivery Report about prospects for the Nearshore amid continued economic uncertainty.
Prakash, who is ranked number 15 on the Nearshore Americas Power 50 list, lauded for being “a strong supporter of Latin American services,” does not see the slowdown in demand for outsourcing that some analysts are forecasting.
¿Por qué a los negocios globales le gustan tanto establecerse en Costa Rica?
January 25th, 2012Pilar Madrigal de CINDE explica por qué la planificación a largo plazo es fundamental en la promoción de inversiones
Investment Data Reveals State of Interest in Latin America Locations
January 25th, 2012By Reshaad Durgahee
Lima, Peru: Surprisingly emerging.
In the period 2003 through 2010, Europe and Asia were the largest recipient regions of foreign investment projects in shared services and BPO activities, accounting for 46% and 29% respectively. Meanwhile, interest in Latin America has clearly been growing. The number of shared services and BPO foreign investment projects in Latin America rose year on year until 2010, when the total number of projects entering the region decreased by 15%.
Why Europe’s Debt Crisis is Stalling the Brazil Engine
January 23rd, 2012
By Tom Cleveland
Europe has dominated the financial scene for more than two years, and although policy makers have scheduled six summit meetings for 2012, many experts expect to see little more than continued bond issuance, not the structural changes that the markets believe are necessary to correct the problems at hand. More of the same is not a good recipe for a stable global recovery, especially for emerging economies like Brazil that have witnessed dramatic growth for the past decade.
‘Working in Paradise’ Contest: Give Us Your Best Shot
January 23rd, 2012
Is there something special about the view from your offices in Latin America or the Caribbean? If that’s the case, log on to our Facebook page and share your best shots. Our panel of editors and designers will be looking to find the most breathtaking image for a cash prize – and a special feature story. Check our our Facebook page for all the details. Any questions, check in with our Facebook hostess extraordinare Bertha Leal.
