Neoris CEO on Brazil, Bilingualism and Future Expansion
April 27th, 2012
By Filipe Pacheco
Neoris started as a true Latin American outsourcing company, as a spin-off company of Cemex, one of the biggest businesses from Mexico’s infrastructure industry. Although that beginning occurred very far away from Brazil, a little over a decade after the company started its operation in Brazil, it increasingly focuses its global strategy in the country as one of their biggest opportunities for growth in the world – especially when considering SAP services.
Such attention helps to explain the recent visit of Claudio Muruzabal, global CEO of Neoris, to the SAP Forum recently hosted in São Paulo.
By Luke Bujarski
Distinguishing between domestic and export driven business is becoming increasingly important to vendors operating in LatAm. How are Brazilian banks outsourcing their back office? Why is Mexico’s manufacturing industry rebounding and what technology solutions are producers looking for? Is Colombia’s telecoms market the next big opportunity? Likewise, multinational enterprises will be looking for those service providers best suited to support their specific industry, as they invest in these oft complex markets.
First CEO Summit of the Americas Yields Ideas…But Results?
April 26th, 2012Opportunities to deepen ties ranging from trade and investments to education and security
The First CEO Summit of the Americas wrapped up on April 14, 2012 with calls for greater cooperation among Western Hemisphere nations on matters ranging from trade and investment to education, science and technology and security, in order to boost prosperity from Canada to Chile.
At the end of the conference, held ahead of the 6th Summit of the Americas, Presidents Dilma Rousseff of Brazil, Juan Manuel Santos of Colombia and Barack Obama of the United States participated in a roundtable discussion in front of an audience that included more than 700 top executives from many of the Western Hemisphere’s leading companies.
After praising the economic and social progress achieved by countries such as Brazil and Colombia over the past decade, Obama said there were many fields where countries in this hemisphere could collaborate fruitfully. “We’ve never felt …
By Shagun Malhotra
I knew I was in for a ride as soon as I arrived in Santiago and ventured out to the local neighborhoods to hunt for an apartment. It was not so much the huge language barrier, but rather, the non-stop honking and the playful wolf whistling that followed everywhere I went – a surprisingly warm Latin American welcome for an Indian-American girl. That was when I decided to put away my tight white shirt for the rest of my time in Santiago. But that’s a story for another time. Let’s rewind.
I am from New York City, a city bustling with all kinds of incubators but unfortunately, cost expensive equity. I wasn’t really looking for incubating opportunities as the city’s entrepreneurial spirit, diverse community and phenomenal resources were enough to nurture me. Reading the article on Start-Up Chile (SUP) in Inc. Magazine, however, had me intrigued by the equity-free offer of $40,000, access to international networks, and support from the Chilean government with just an agreement to relocate to Chile for six months.
By Rosanne D’Ausilio PhD
Average turnover, reported at 40% to 50%, has always been, and continues to be, a chronically costly problem for call centers, a problem that seems to be tolerated rather than solved. Respondents to a FurstPerson survey reported an average monthly attrition rate of 7.18%. Annualized, a 40% annual turnover estimate becomes an actual turnover rate of 87%. As you read further, you’ll see what that costs!
India Losing Cost Advantage Over Latin America
April 23rd, 2012
By Robert L. Scheier
Hourly labor costs in the Latin American Nearshore are still slightly higher than in traditional low-cost leader India. But other factors such as faster time to market and simplified communications often still make the Nearshore the better choice, according to speakers at the Nearshore Nexus outsourcing conference in New York City last week.
Uribe Declares New Day for Nearshore at Nexus
April 19th, 2012
Uribe highlighted positive social, political and business developments in the Latin American/Caribbean region
Kirk Laughlin, CEO of Nearshore Americas, kicked off today’s Nearshore Nexus Conference at the Crowne Plaza in New York City by stating nearshore outsourcing has gone from “novel to mainstream.” Laughlin promised that conference speakers would illustrate how outsourcing destinations in Latin America and the Caribbean are “no longer in the shadow of India or China,” but have instead become vibrant providers of sophisticated IT and business outsourcing services in their own right. The first speaker, former President of the Republic of Colombia Mr. Alvaro Uribe, delivered on that promise.
Production in Brazil Almost as Expensive as Europe
April 18th, 2012By Filipe Pacheco
It might be surprising and paradoxical at the same time, but when it comes to business competitiveness, Brazil can be almost as expensive as developed European countries. A study recently published by KPMG shows that producing in the country is almost as expensive as doing it in places such as the United Kingdom and the Netherlands. According to the research, called Competitive Alternatives, it is more expensive to produce in Brazil than in any of the other of the so-called BRIC countries (Brazil, Russia, India and China) plus Mexico, which are some of the fastest growing economies in the world.
By Clayton Browne
There is a growing consensus among international economists that Argentina’s decade-long economic boom is rapidly becoming an out-of-control inflationary spiral. Real inflation has grown at 20+% annually for over three years, and the Argentine government is clearly in denial or even cover-up mode regarding the situation.
Many businesses in Argentina are already struggling from the double-digit inflation, especially industries like outsourcing that rely largely on income from outside of Argentina, and things are only going to get worse as most sources expect Argentina’s inflation rate to approach 25% in 2012.
By Kenneth Hess
No one wants for a relationship to fail but sometimes you have to quit on one that isn’t working. How do you know when to say, “When?”
Relationships are difficult. Band members have creative differences, teammates have ego problems and marriage partners have irreconcilable differences. Likewise, vendors and clients in business-to-business relationships experience all of the pains of band members, teammates and marriage partners. Maintaining a positive relationship is challenging when everything goes well but adding in technological differences, language barriers and time zone disparities has the effect of widening the gap between client and vendor.
